Washington, D.C. · Nonprofit
LATINO ECONOMIC DEVELOPMENT CORPORATION
LATINO ECONOMIC DEVELOPMENT CORPORATION (Washington, D.C.) receives grants from 52 organizations whose IRS filings report $14,245,141 to it, the largest being CAPITAL IMPACT PARTNERS ($2,196,112). 33 of them have funded it in more than one year.
- Revenue FY2025
- $16M
- Funders on record
- 52
- Grants received
- $14M
- Net assets
- $17M
What Latino Economic Development Corporation does
Mission
Ledc's mission is to catalyze economic advancement of latinos and local communities by bridging the gap to capital and resources to achieve financial prosperity. Participants in our programs learn how to build their long-term financial stability and prosperity by buying or staying in their homes and starting or expanding their business. The entire washington, dc, maryland, and virginia region is stronger when all families have the power to achieve financial independence and join in to improve their neighborhoods.
As stated on its FY2025 Form 990.
Programs
Small business programsledc's business support services offer coaching and financing options designed to meet the needs of emerging and established entrepreneurs across washington, dc, maryland, virginia, and puerto rico. Our experienced team provides a full range of services including workshops, structured learning cohorts, and one-on-one business guidanceon topics such as business planning, licensing, digital presence, sales, financial recordkeeping, and using technology for operational efficiency.in fy2025, ledc trained 1,049 entrepreneurs through 46 small business development workshops and delivered 4,162.25 hours of individualized technical assistance to 999 clients, providing tailored guidance to help businesses stabilize and grow.ledc also offers a range of business and personal credit-building loans, from $500 to $2,500, and up to $250,000 in small business loans. As a u.s. Treasury-certified community development financial institution (cdfi) since 2003 and an sba-recognized lender, ledc's products are designed to meet entrepreneurs where they are and support them through every phase of business growth. Specialized programming is available for entrepreneurs looking to join…
$4,390,064 spentof which $600,610 as grants$6,687,952 earned by the program35% of program spendingHousing programsledc's housing programs provide homeownership counseling and foreclosure prevention services that help individuals and families achieve long-term housing stability. As a hud-certified counseling agency, our team guides first-time homebuyers through the full purchasing processfrom financial readiness to accessing down payment and closing cost assistance. We also support homeowners at risk of foreclosure by helping them evaluate options and navigate sustainable solutions. In fy2025, ledc provided homeownership education to over 3,185 individuals and one-on-one counseling to 934 clients. As a result, 409 first-time homebuyers successfully purchased homes, leveraging more than $282 million in total home purchase value. In addition to homeownership support, ledc assists tenants in understanding their rights and maintaining housing stability. Through partnerships with tenant associations and legal protections such as the tenant opportunity to purchase act (topa), ledc helps residents in over 30 buildings representing more than 2,611 units preserve affordability and improve their housing conditions. Ledc also provided rental assistance services to 331 tenants in md and dc.
$2,063,711 spentof which $129,088 as grants$2,467,464 earned by the program16% of program spendingDirect community investments (dci)the direct community investments department was launched in 2020 to provide rapid, efficient financial relief to individuals and small enterprises during economic disruptions. Contracted by public agencies and philanthropic partners, dci built streamlined systems to simplify the application and distribution process for financial aid. The team developed a custom software platform that enables fast disbursement, accurate reporting, and data-informed decision-making.dci emphasizes accessible services that meet people where they are. With its proven systems and responsive approach, dci has become a trusted administrator of emergency and recovery programs. In fy2025 alone, dci awarded $4,929,099.57 in direct assistance to 693 individuals and small businesses, providing timely support to stabilize households and sustain local enterprises.
$6,124,601 spentof which $4,978,249 as grants$6,401,156 earned by the program49% of program spendingOther program servicesledc's financial empowerment department equips individuals with tools to make informed financial decisions, build long-term stability, and reduce exposure to economic risk. The program helps participants understand the key factors influencing financial behavior and teaches practical strategies to manage money, increase savings, and reduce debt.through a mix of group and personalized sessions, participants learn to create budgets, improve credit, and set achievable financial goals. The curriculum emphasizes the connection between borrowing and repayment behaviors and provides tools to understand credit scores and the broader banking system. Counseling sessions include access to credit reports, guidance on disputing errors, and debt management planning. Clients can also be referred to additional support services, such as small-dollar loans or housing programs, to continue building toward greater financial security.in fy2025, the financial empowerment team provided 168 hours of one-on-one coaching to 141 clients, delivering individualized guidance tailored to each participant's financial goals. Additionally, 535 individuals attended financial education…
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $12,578,376.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $8.9M to $19M (+115%).
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: 2017 62% · 2018 61% · 2019 36% · 2020 20% · 2021 8% · 2022 84% · 2023 66% · 2024 54% · 2025 47%. Grants only. Government contracts and fees sit inside program revenue.
94% of LATINO ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 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
Emi Reyes
Executive director
Board chair
Darryl Maxwell
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 9 funders to 19 funders, grant income rose $392k → $1.0M.
8 of 52 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of LATINO ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 30 of 52 funders by total. 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
LATINO ECONOMIC DEVELOPMENT CORPORATION has a broad base — no single funder exceeds 15% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
69% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LATINO ECONOMIC DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 25% · 2018 45% · 2019 38% · 2020 30% · 2021 23% · 2022 17% · 2023 18% — diversifying over time.
“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.
How long its funders stay
40% of LATINO ECONOMIC DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 63% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
LATINO ECONOMIC DEVELOPMENT CORPORATION draws 75% of its grant income from funders outside Washington, D.C., across 14 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.8M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
LATINO ECONOMIC DEVELOPMENT CORPORATION is better cushioned than half of the 366 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 366 community improvement nonprofits $10M–$100M, FY2025
Government funding LATINO ECONOMIC DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $12.4M on record — $12.1M federal, $340k state.
- Department of Health and Human Services$5.5M
- Department of the Treasury$3.3M
- Small Business Administration$3.0M
- Department of Agriculture$132k
- Department of Commerce$100k
- Grant$340k
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 LATINO ECONOMIC DEVELOPMENT 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 Washington, D.C.
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Public support
100%
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 2 related entities
- Tenant Power LLC · disregarded
- Underserved Community Development Organization LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for LATINO ECONOMIC DEVELOPMENT 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 LATINO ECONOMIC DEVELOPMENT CORPORATION?
- LATINO ECONOMIC DEVELOPMENT CORPORATION (Washington, D.C.) receives grants from 52 organizations whose IRS filings report $14,245,141 to it, the largest being CAPITAL IMPACT PARTNERS ($2,196,112). 33 of them have funded it in more than one year.
- How many funders does LATINO ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 52 organizations giving $14,245,141 in grants to LATINO ECONOMIC DEVELOPMENT CORPORATION, 33 of which have funded it in more than one year.
- Who is the largest funder of LATINO ECONOMIC DEVELOPMENT CORPORATION?
- CAPITAL IMPACT PARTNERS is the largest funder on record, with $2,196,112 in grants. The full list of funders is on this page.
- How can an organization like LATINO ECONOMIC DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. 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 52 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