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.

Where $100 goes at Ward Economic Development Corporation

How Ward Economic Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$80 Programs the work itself

$20 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $80 for programs

$80

To identify and pursue economic development opportunities within the city of Los Angeles, provide 91 units of low-income housing through the operations of tuelyn terrace and the operation…

All program spending · Reported in the filing: 91 units of low-income

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

CALIFORNIA COMMUNITY FOUNDATION

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 Development

$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.

See the full picture for WARD ECONOMIC DEVELOPMENT CORPORATION

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports