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Organizations Community Improvement & Capacity Building Emerging Markets Development Corporation

Emerging Markets Development Corporation

Fiscal year ending 2024. Filed on May 26, 2025.

PO Box 5417
Palm Springs, California 92263

Emerging Markets Development Corporation (EIN: 27-0574694) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Emerging Markets Development Corporation, a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $214,046. The highest compensated employee at Emerging Markets Development Corporation is Elwood Hopkins with fiscal year 2024 compensation of $214,046.

Revenue, expenses, and employee compensation

Revenue

$731,000

Expenses

$637,602

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Elwood Hopkins
Chief Executive Officer
$214,046
$0 $214,046 No other comp
Daniel Tellalian
Former Officer
$0
Thomas Tseng
Director
$0
Trooper Sanders
Director
$0

Benchmark Employee Compensation

Non-Employee Board Members

Jan McElwee
Director
Raul P Lomeli-Azoubel
Director

Contractors

Neighborhood Investment Company Inc.
Grant Fullfillment
$219,996
Th Mcclory LLC
Grant Fullfillment
$173,037

Mission Statement

Research and publish data on under-invested communities as opportunities for place-based initiatives. Facilitate private sector investment in underserved communities. Assists community organizations to partner with each other and the private sector for community development activities. Advance notions of place-based community economic development.

Revisions to this organization profile

May 26, 2025:
2024 Emerging Markets Development Corporation 990 filed
June 6, 2024:
2023 Emerging Markets Development Corporation 990 filed
July 18, 2023:
2022 Emerging Markets Development Corporation 990 filed

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