Lao Family Community Development Inc
- Assets
- $57.8m
- Revenue
- $17.4m
- Investments
- $0.0
- Employees
- 500
- Location
- Oakland, CA
- Founding
- 10/1995
- Data as of
- 12/2022
- EIN
- 94-3115164
Organization Overview
Lao Family Community Development Inc is located in Oakland, CA. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2022, Lao Family Community Development Inc employed 500 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lao Family Community Development Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Lao Family Community Development Inc generated $17.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $17.1m during the year ending 12/2022. While expenses have increased by 16.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSISTANCE TO REFUGEES, DIVERSE IMMIGRANT, AND US BORN LOW INCOME POPULATION TO MAKE THEM SELF-SUFFICIENT (CONTINUED FROM PAGE 1).
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPLOYMENT SERVICES: ALA/HOUSING; CARE CAMPUS; CPET 1; CPET 2; ES/VESL; ES VENDOR POOL AB109; CTE AB109; COMPREHENSIVE ES; NATIONAL DW GRANT; GENERAL; OWDB P2E; OCAP-CSBG; SOAR!WAF9.0; SETA/STAND ALONE; SETA/RESS; SETA/OJT; SETA AJCC A/DW; SETA/RESS ADDITIONAL; SETA/RESS SUPPLEMENTAL; DHA ESE; CCC LEP; CCC AJCC; CITY OF OAKLAND CARE PROJECT; DVP WE CARE; SETA ESP OJT WBL; REFUGEE CAREER PATHSETA/WIOA YOUTH; CITY OF OAKLAND/YOUTH YEAR-ROUND; OWDB SUMMER YOUTH; OFCY/YIE; OFCY SUMMER YOUTH; OHA; OAKLAND FORWARD; WAF 10 ACCELERATOR; CITY OF OAKLAND/OYA
FAMILY SUPPORT SERVICES: SETA CSBG CARE; CCC HEALTH; CALOES UV21-04; UV21-06; XY; KI; XD; XE; CCC AB-109 HOUSING; CCC CSBG - 20F-3646; CCC CSBG - 22F-5007; CCC CSBG - 21F - 4007; USCRI R&P; APA; APA-CAPACITY; PC; PC - ICM; PC UKRAINE SUPPLEMENTAL; PC-UKRAINE; PC AFGHAN SUPPLEMENT; AIRS; PC LATTER DAY SAINTS; R&P TEMPORARY HOUSING; PC AB&B; PEI; FIRST 5; SMUD; PUBLIC HEALTH INSTITUTE; ASIAN PACIFIC FUND; RHPP; OAKLAND DEEPLY ROOTED; SETA COVID-19
COMMUNITY DEVELOPMENT/REAL ESTATE INVESTMENTS AND CAPACITY BUILDING/GENERAL SUPPORT, AS WELL AS THE CARE COMMUNITY CENTER PROJECT F.K.A. THE SAN ANTONIO NEIGHBORHOOD RESOURCE CENTER PROPERTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Libow Chair | OfficerTrustee | 2 | $0 |
Framta Saechao Secretary | OfficerTrustee | 1 | $0 |
Rita Xavier Treasurer | OfficerTrustee | 1 | $0 |
Koy Saephan Jay Board Member | Trustee | 1 | $0 |
Harpreet Sandhu Board Member | Trustee | 1 | $0 |
Kathy Chao Rothberg Chief Executive Officer | Officer | 55 | $301,421 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,946,018 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,570,234 |
| Noncash contributions included in lines 1a–1f | $137,590 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,516,252 |
| Total Program Service Revenue | $69,755 |
| Investment income | $353,920 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$1,788,605 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,375,313 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $569,251 |
| Compensation of current officers, directors, key employees. | $94,510 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,534,848 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $749,798 |
| Payroll taxes | $576,161 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $174,256 |
| Advertising and promotion | $72,385 |
| Office expenses | $438,652 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,285,742 |
| Travel | $88,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $347,544 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $76,602 |
| Insurance | $228,124 |
| All other expenses | $1,658,362 |
| Total functional expenses | $17,097,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $637,655 |
| Savings and temporary cash investments | $9,064,932 |
| Pledges and grants receivable | $3,522,344 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $82,116 |
| Net Land, buildings, and equipment | $43,038,921 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $896,890 |
| Other assets | $526,231 |
| Total assets | $57,769,089 |
| Accounts payable and accrued expenses | $487,021 |
| Grants payable | $0 |
| Deferred revenue | $436,261 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $47,971,930 |
| Total liabilities | $48,895,212 |
| Net assets without donor restrictions | $9,063,490 |
| Net assets with donor restrictions | -$189,613 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $57,769,089 |