Mission
To transform our community by creating economic opportunities for Latinos.
Public Charity
Latino Economic Development Center
Based in Saint Paul, MN, Latino Economic Development Center operates as a Public Charity. The organization reported $10.0M in revenue, $3.9M in expenses, $27.9M in total assets for fiscal year 2025. Imperigo tracks 45 reported grant relationships connected to this organization totaling approximately $3.9M.
EIN: 510467167
Saint Paul, MN
Housing & Shelter N.E.C.
NTEE: L99
Latest filing: 2025
Total Revenue$10.0M
Total Expenses$3.9M
Total Assets$27.9M
Grant Records45
Funding Total$3.9M
Filing Years2021–2025
Where $100 goes at Latino Economic Development Center
How Latino Economic Development Center divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$83
Programs
the work itself
$15
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $83 for programs
$50
LEDC's Business Development Program helps entrepreneurs prepare to launch or grow their business, including communications and marketing, budgeting, digital literacy, commercial insurance, taxation, and other areas of technical…
$22
LEDC's Lending Program, the only Latino-focused CDFI (Community Development Fund Institution) in Minnesota and the upper Midwest, addresses the significant barriers faced by small businesses in accessing affordable…
$11
LEDC's Regenerative Agriculture Program provides technical assistance, business development, and access to affordable capital and markets that help beginning and established farmers and entrepreneurs start new farming or…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
PROGRAM COSTS
$78,750
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$770,000
SEE PART IV
$305,000
PROGRAM COSTS
$90,750
DONOR ADVISED, PUBLIC AFFAIRS/SOCIETY BENEFIT
$70,000
Showing up to 5 of 45 total records — full history available with membership.
Officers & Directors
Executive Director
Alma Flores
Board Member
Ambar Cristina Hanson
Board Member
Angela Knudson
Board Member
Braynell Estrada Britton
Board Member
Carlos Lamboglia
Board President
Carlos Lopez
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $10.0M | $3.9M | $27.9M |
| 2024 | $4.4M | $4.0M | $20.0M |
| 2023 | $7.0M | $3.5M | $15.4M |
| 2022 | $4.7M | $4.5M | $11.4M |
| 2021 | $19.5M | $16.9M | $11.6M |
Between 2021 and 2025, reported annual revenue declined from $19.5M to $10.0M (-49%), with total assets most recently reported at $27.9M.
Interactive year-over-year charts and full filing details available with membership.