Public Charity

ECDC ENTERPRISE DEVELOPMENT GROUP

ECDC ENTERPRISE DEVELOPMENT GROUP is a Public Charity headquartered in Arlington, VA. Financial data from the 2025 filing: $4.0M revenue, $2.0M expenses, $25.7M total assets. 11 publicly reported grants to this organization, totaling roughly $104K, appear in IRS filings.

EIN: 541993252 Arlington, VA Latest filing: 2025
Total Revenue$4.0M
Total Expenses$2.0M
Total Assets$25.7M
Grant Records11
Funding Total$104K
Filing Years2021–2025

Mission

TO PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT BY SERVING AS MICROLOAN INTERMEDIARY, PROVIDING TECHNICAL ASSISTANCE, AND MICRO FINANCING TO SMALL BUSINESSES OPERATED BY LOW TO MODERATE INCOME ENTERPENEURS

Sample Grants Received

2022
CHARITABLE DONATION
$15,000
2020
DESIGNATED AND/OR GRANTED IN SUPPORT OF COMMUNITY PROGRAMS
$10,000
2020
Earned Income Tax Initiative
$8,000
2020
For grant recipient's exempt purposes
$7,500
2019
DESIGNATED AND/OR GRANTED IN SUPPORT OF COMMUNITY PROGRAMS
$10,000

Showing up to 5 of 11 total records — full history available with membership.

Officers & Directors

VICE PRESIDENT Allene F Wright
DIRECTORTRUSTEE Frederick Schultz Jr
DIRECTORTRUSTEE Hagos Seyoum
DIRECTORTRUSTEE John E Agwaz
PRESIDENT Tsehaye Teferra

Officer compensation and complete director data available with membership.

Top Grant Purposes

Earned Income Tax Initiative
$34,000 4 grants
DESIGNATED AND/OR GRANTED IN SUPPORT OF COMMUNITY PROGRAMS
$20,000 2 grants
DESIGNATED AND/OR GRANTED IN SUPPORT OF AGENCY PROGRAMS
$17,500 2 grants
CHARITABLE DONATION
$15,000 1 grant
COVID-19 RESPONSE FOR NORTHERN VIRGINIA
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $4.0M $2.0M $25.7M
2024 $4.5M $2.1M $23.1M
2023 $3.1M $1.9M $23.3M
2022 $5.2M $1.9M $19.2M
2021 $3.3M $1.6M $14.9M

Between 2021 and 2025, reported annual revenue grew from $3.3M to $4.0M (+20%), with total assets most recently reported at $25.7M.

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

See the full picture for ECDC ENTERPRISE DEVELOPMENT GROUP

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