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 (2024) reports revenue of $16.5M, expenses of $18.2M, total assets of $22.7M. Imperigo tracks 87 reported grant relationships connected to this organization totaling approximately $9.1M.

EIN: 521749216 WASHINGTON, DC Latest filing: 2024
Total Revenue$16.5M
Total Expenses$18.2M
Total Assets$22.7M
Grant Records87
Funding Total$9.1M
Filing Years2020–2024

Mission

LEDC EQUIPS INDIVIDUALS AND FAMILIES WITH THE SKILLS AND FINANCIAL TOOLS TO CREATE A BETTER FUTURE FOR THEMSELVES AND THEIR NEIGHBORHOODS. 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, VIRGINIA, AND PUERTO RICO REGION IS STRONGER WHEN ALL FAMILIES HAVE THE POWER TO ACHIEVE FINANCIAL INDEPENDENCE AND JOIN WITH THEIR PEERS TO IMPROVE THEIR NEIGHBORHOODS.

Officers & Directors

CHIEF FINANCIAL OFFICER Ana Isis Salmeron
DIRECTOR OF HUMAN RESOURCES Ashley Bergeron
BOARD MEMBER Carlos Talamante
BOARD MEMBER Courtney Matson
CHAIR Darryl Maxwell
EXECUTIVE DIRECTOR Emi Reyes

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
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
2020 $16.8M $10.2M $17.9M

Between 2020 and 2024, reported annual revenue held roughly steady at around $16.5M, 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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