California · Nonprofit
ECONOMIC RESOURCES CORPORATION
ECONOMIC RESOURCES CORPORATION (California) receives grants from 2 organizations whose IRS filings report $110,000 to it, the largest being THE AHMANSON FOUNDATION ($100,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $7.5M
- Funders on record
- 2
- Grants received
- $110k
- Net assets
- $30M
What Economic Resources Corporation does
Mission
To promote economic growth and increased job opportunity in under-served communities by supporting business development, investing in commercial and industrial real estate and providing employment opportunities.
As stated on its FY2025 Form 990.
Program
Erc has dedicated itself to providing local small businesses with professional technical assistance in order to enhance opportunities for growth and success. Erc works to accomplish this goal by helping small companies, many of them tenants in the complex, improve their operations either directly or through referrals in the areas of business strategy, financial management and operational management. In addition to assisting tenants of the complex, as well as others, erc helps communities devise strategies to remove blight, increase job opportunities and improve the local infrastructure. Erc does this by working with community groups and concerned individuals to help them build capacity to positively affect their local neighborhoods and improve the quality of life, with a focus on economic opportunity. Erc also works with local municipalities and non-profits to assist them in carrying out their individual economic development initiatives. Erc assists these efforts through planning studies, focus groups, land use studies and consulting. In order to make lasting change to distressed communities, as well as the area surrounding the complex, the economy must be strengthened. To do…
$2,504,690 spentof which $30,450 as grants$5,115,318 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $2,504,690.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $27M to $33M (+20%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 44% · 2023 1% · 2024 2% · 2025 22%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Samuel Hughes
President/CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of ECONOMIC RESOURCES CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ECONOMIC RESOURCES CORPORATION leans on a few funders — its largest provides 91% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
91% of ECONOMIC RESOURCES CORPORATION's grant income comes from California funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding ECONOMIC RESOURCES CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.7M on record.
- Department of Commerce$2.7M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like ECONOMIC RESOURCES CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Public support
72%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 14 related entities
- 3001 West Vernon LLC · disregarded
- 2299 Pacific Ave LLC · disregarded
- Erc Loan Fund LLC · disregarded
- Erc Capital Fund LLC · disregarded
- 2555 Industry Way LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for ECONOMIC RESOURCES CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ECONOMIC RESOURCES CORPORATION?
- ECONOMIC RESOURCES CORPORATION (California) receives grants from 2 organizations whose IRS filings report $110,000 to it, the largest being THE AHMANSON FOUNDATION ($100,000). 0 of them have funded it in more than one year.
- How many funders does ECONOMIC RESOURCES CORPORATION have?
- IRS filings report 2 organizations giving $110,000 in grants to ECONOMIC RESOURCES CORPORATION.
- Who is the largest funder of ECONOMIC RESOURCES CORPORATION?
- THE AHMANSON FOUNDATION is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
- How can an organization like ECONOMIC RESOURCES CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing