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Latino Economic Development Corporation of Washington DC

Public charityFed auditsIRS 990
DBA: % MARLA BILONICK
Community Development · WASHINGTON, DC · EIN 52-1749216

About

The latino economic development center's (LEDC) mission is to serve as a catalyst that drives the economic and social advancement of low-to-moderate income latinos and other underserved communities by equipping them with the skills and tools to achieve financial independence, acquire personal and business assets, create generational wealth and become leaders in their communities.

In care of Marla Bilonick

Donations are tax-deductible
Category
Community Development
Employees
111
Volunteers
211

Financial Snapshot

FY ending 2023-09-30
Revenue
$19.5M
Expenses
$18.4M
Assets
$25.2M
Liabilities
$6.7M

Financial history

$40.4M$20.2M$0
1617181920212223
RevenueExpenses
Latest FY2023: $19.5M · Peak FY2022: $40.4M · Avg: $13.1M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$1.2M
LATINO ECONOMIC DEVELOPMENT CORPORATION OF WASHINGTON DC
Your actions

Address

1401 Columbia RD NW Unit C-1
Washington, DC, 20009-471

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
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