Thai Community Development Center

“The thai cdc informs members of the organization's governing body that the form 990 will be filed and offers to send copies electronically to members upon request. The form 990 and audited financial statements are also provided to each member in printed form at the following board meeting.”

“Thai cdc circulates its conflict of interest policy to all board members, officers and staff on an annual basis.”

“The thai cdc process for determining compensation of the executive director and other employees entails engaging an independent, third party compensation consultant to conduct a compensation survey and provide our board of directors with the high, middle and low range salary levels for each position that is comparable in the same industry and size organization and commensurate with each employee's job description. Once the board of directors review the salary ranges for each position along with our budget and projected income, a board member proposes the salary for each position to the full board and asks for a vote to pass the new compensation schedule.”

“Same as compensation process for the organization's ceo, executive director, and top management officials (part vi, section b, line 15(a)) above.”

“Thai cdc makes its governing documents, conflict of interest policy, and financial statements available to the public and all other parties upon request at any time. Copies of the form 990 can be obtained online at the california secretary of state's registry of charitable trust website and at online non-profit aggregation sites such as guidestar.org.”

“Organization directors whose term started or ended in the fiscal year: the following director's term ended in fye 06/30/2024: michelle cheung the following director's term started in fye 06/30/2024: daniel chou”

“Form 990, part viii, line 11: during the tax year, the organization claimed and received the employee retention credit (erc) under the cares act. The erc represents refundable payroll tax credits provided by the federal government in response to the covid-19 pandemic. The total credit recognized during the fiscal year was 105,197. The organization recorded the credit as other income in accordance with its accounting policy.”

“To advance the social and economic well-being of low and moderate income thais and other ethnic communities in the greater los angeles area through a comprehensive community development strategy including human rights advocacy, affordable housing, access to healthcare, promotion of small businesses, neighborhood empowerment and social enterprises.”

“OTHER PROGRAM SERVICES”

“Purchase of services 375,595 3,581 0 consultant services 129,545 33,299 13 program support 3,940 0 0 total 509,080 36,880 13”