Public Charity

LATINO ECONOMIC DEVELOPMENT CORPORATION

LATINO ECONOMIC DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in WASHINGTON, DC. Its most recent IRS filing (2025) reports revenue of $15.8M, expenses of $16.0M, total assets of $22.7M. Imperigo tracks 87 reported grant relationships connected to this organization totaling approximately $9.1M.

EIN: 521749216 WASHINGTON, DC Community & Neighborhood Development NTEE: S20 Latest filing: 2025
Total Revenue$15.8M
Total Expenses$16.0M
Total Assets$22.7M
Grant Records87
Funding Total$9.1M
Filing Years2021–2025

Mission

LEDC'S MISSION IS TO CATALYZE ECONOMIC ADVANCEMENT OF LATINOS AND LOCAL COMMUNITIES BY BRIDGING THE GAP TO CAPITAL AND RESOURCES TO ACHIEVE FINANCIAL PROSPERITY. PARTICIPANTS IN OUR PROGRAMS LEARN HOW TO BUILD THEIR LONG-TERM FINANCIAL STABILITY AND PROSPERITY BY BUYING OR STAYING IN THEIR HOMES AND STARTING OR EXPANDING THEIR BUSINESS. THE ENTIRE WASHINGTON, DC, MARYLAND, AND VIRGINIA REGION IS STRONGER WHEN ALL FAMILIES HAVE THE POWER TO ACHIEVE FINANCIAL INDEPENDENCE AND JOIN IN TO IMPROVE THEIR NEIGHBORHOODS.

Officers & Directors

CHIEF FINANCIAL OFFICER Ana Isis Salmeron
DIRECTOR OF HUMAN RESOURCES Ashley Bergeron
DIRECTOR OF SMALL BUSINESS DEVELOPMENT Bria Marie Hodge
BOARD MEMBER Carlos Talamante
BOARD MEMBER Courtney Matson
CHAIR Darryl Maxwell

Officer compensation and complete director data available with membership.

Top Grant Purposes

CAPACITY BUILDING
$1,317,650 8 grants
ENTREPRENEURS OF COLOR FUND
$1,000,000 1 grant
Lending
$855,833 1 grant
GRANTS
$632,558 7 grants
LATINO ECONOMIC DEVE-WASINGTON, D.C. REGION EO-EOCF-FY22-01
$500,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $15.8M $16.0M $22.7M
2024 $16.5M $18.2M $22.7M
2023 $19.5M $18.4M $25.2M
2022 $40.4M $38.2M $22.5M
2021 $55.4M $53.4M $21.3M

Between 2021 and 2025, reported annual revenue declined from $55.4M to $15.8M (-71%), with total assets most recently reported at $22.7M.

Interactive year-over-year charts and full filing details available with membership.

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