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Organizations Community Improvement & Capacity Building Latino Economic Development Corporation

Latino Economic Development Corporation

Fiscal year ending 2021. Filed on August 15, 2022.

1401 Columbia Rd NW Unit C-1
850
Washington, District of Columbia 20009

Latino Economic Development Corporation (EIN: 52-1749216), also known as Latino Economic Development Center, has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2021 IRS Form 990 filing, Latino Economic Development Corporation, a 501(c)(3) charitable organization, reported compensation for 2 out of 66 total employees. Among the employees shown here, the average compensation is $142,092. The highest compensated employee at Latino Economic Development Corporation is Marla Bilonick with fiscal year 2021 compensation of $158,780.

Revenue, expenses, and employee compensation

Revenue

$55,386,095

Expenses

$53,394,386

Employee compensation

$4,290,423
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Marla Bilonick
Executive Director
$158,780
$158,702 No related comp$78
Marjorie Nemes
Interim Executive Director
$125,404
$119,734 No related comp$5,670

Benchmark Employee Compensation

Non-Employee Board Members

Darryl Maxwell
Chair
Erika Flora
Board Member
Fernando Lemos
Board Member
Lissett Perez-Weinmann
Board Member
Lynnette Madsen
Board Member
Matthew Levin
Board Member
Megan Coolidge
Secretary
Orlando Velez
Board Member
Robert Aceituno
Treasurer

Contractors

Estoril Construction Inc.
Building Construction/Remodeling
$429,885
Fsi Strategies
IT Managed
$111,432

Mission Statement

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.

Revisions to this organization profile

June 17, 2024:
2023 Latino Economic Development Corporation 990 filed
June 12, 2023:
2022 Latino Economic Development Corporation 990 filed
October 7, 2022:
Amended (originally filed August 16, 2021)2020 Latino Economic Development Corporation 990 filed

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Other organizations also named Latino Economic Development

Latino Economic Development Center
Saint Paul, Minnesota
Latino Economic Development Corporation Inc.
Springfield, Massachusetts
Joliet Latino Economic Development Association
Joliet, Illinois
Latino Economic Development Assistance Corporation
Chicago, Illinois