Public Charity

WARD ECONOMIC DEVELOPMENT CORPORATION

WARD ECONOMIC DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in LOS ANGELES, CA. Its most recent IRS filing (2024) reports revenue of $762K, expenses of $821K, total assets of $7.4M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $18K.

EIN: 954206960 LOS ANGELES, CA Latest filing: 2024
Total Revenue$762K
Total Expenses$821K
Total Assets$7.4M
Grant Records1
Funding Total$18K
Filing Years2019–2024

Mission

WARD ECONOMIC DEVELOPMENT CORPORATION (WEDC) WAS INCORPORATED ON NOVEMBER 12, 1987 PURSUANT TO THE GENERAL NONPROFIT CORPORATION LAW OF THE STATE OF CALIFORNIA. WEDC WAS CREATED TO ACHIEVE THE FOLLOWING: (1) TO IDENTIFY AND PURSUE ECONOMIC DEVELOPMENT OPPORTUNITIES WITHIN THE CITY OF LOS ANGELES (2) PROVIDE 91 UNITS OF LOW-INCOME HOUSING THROUGH THE OPERATIONS OF TUELYN TERRACE AND (3) THE OPERATION AND AVAILABILITY OF ADDITIONAL LOW-INCOME AFFORDABLE HOUSING UNITS AT VARIOUS SCATTERED SITES IN LOS ANGELES.

Sample Grants Received

2024
ECONOMIC OPPORTUNITY
$17,500

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

MEMBER Amy Richardson
MEMBER Barry Settle
SECRETARY Jacquelyn Dupont-Walker
MEMBER Jarrell Davis
CHAIRPERSON Robert Campbell
MEMBER Robert Russ

Officer compensation and complete director data available with membership.

Top Grant Purposes

ECONOMIC OPPORTUNITY
$17,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $762K $821K $7.4M
2023 $2.1M $2.1M $7.5M
2022 $3.5M $3.5M $7.5M
2020 $1.1M $665K $7.9M
2019 $1.2M $861K $7.8M

Between 2019 and 2024, reported annual revenue declined from $1.2M to $762K (-37%), with total assets most recently reported at $7.4M.

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

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