Compensation 990

Southland Economic Development Corporation

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

400 N Tustin Ave 460
Santa Ana, California 92705

Southland Economic Development Corporation (EIN: 95-3560326) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Southland Economic Development Corporation, a 501(c)(3) charitable organization, reported compensation for 9 out of 15 total employees. Among the employees shown here, the average compensation is $210,334. The highest compensated employee at Southland Economic Development Corporation is Matthew Davis with fiscal year 2024 compensation of $352,864.

Revenue, expenses, and employee compensation

Revenue

$3,498,036

Expenses

$3,199,665

Employee compensation

$2,545,823
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋3.1%vs 2023
Matthew Davis
President
$352,864
$327,598 from orgNo related comp$25,266 other
－10.8%vs 2023
Michael Nasr
Loan Officer
$331,800
$310,212 from orgNo related comp$21,588 other
＋5.2%vs 2023
John Welton
Vice President
$234,262
$211,588 from orgNo related comp$22,674 other
＋1.3%vs 2023
Mayra Soto
Vice President
$232,474
$223,580 from orgNo related comp$8,894 other
＋34.9%vs 2023
Sergio Aguilar
Loan Officer
$176,962
$157,602 from orgNo related comp$19,360 other
＋5.2%vs 2023
Maria Mata
Vice President
$155,648
$139,998 from orgNo related comp$15,650 other
＋5.3%vs 2023
James Hopkins
Loan Officer
$150,913
$136,714 from orgNo related comp$14,199 other
－4.8%vs 2023
Javier Jimenez
Vice President
$135,044
$115,879 from orgNo related comp$19,165 other
New in 2024
Patrick Richey
Underwriter
$123,043
$103,334 from orgNo related comp$19,709 other

Non-Employee Board Members

＋200%vs 2023
Gary Martinez
Secretary and Treasurer
$300
$300 from orgNo related compNo other comp
＋500%vs 2023
Ross Bourne
Director
$300
$300 from orgNo related compNo other comp
＋200%vs 2023
Sam Nangia
Director
$300
$300 from orgNo related compNo other comp
＋200%vs 2023
Wilson Jui
Director
$300
$300 from orgNo related compNo other comp
＋100%vs 2023
Kenneth Hernandez
Chair
$200
$200 from orgNo related compNo other comp
＋300%vs 2023
Anthony Sanchez
Director
$200
$200 from orgNo related compNo other comp
＋300%vs 2023
Jeff Boxx
Director
$200
$200 from orgNo related compNo other comp
＋100%vs 2023
Robert Garcia
Director
$200
$200 from orgNo related compNo other comp
New in 2024
William Wang
Director
$200
$200 from orgNo related compNo other comp
New in 2024
Michelle Coberly
Director
$100
$100 from orgNo related compNo other comp
Melanie Smith
Former Director
No compensation reported
Tim Mills
Director
No compensation reported

Mission Statement

TO BENEFIT THE COMMUNITIES SOUTHLAND SERVES BY STIMULATING EMPLOYMENT AND PRIVATE INVESTMENT, EXPANDING THE TAX BASE, AND INCREASING BUSINESS OPPORTUNITIES.

Other organizations also named Southland Economic Development

Chicago Southland Economic Development Corporation
East Hazel Crest, Illinois

Revisions to this organization profile

March 26, 2025:
2024 Southland Economic Development Corporation 990 filed
March 7, 2024:
2023 Southland Economic Development Corporation 990 filed
February 25, 2023:
2022 Southland Economic Development Corporation 990 filed

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