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Nonprofiteer
← LATINO ECONOMIC DEVELOPMENT CORPORATION OF WASHINGTON DC

Form 990 for tax year 2023

Filed by LATINO ECONOMIC DEVELOPMENT CORPORATION OF WASHINGTON DC.

Totals

Total revenue
$16,455,894
Total expenses
$18,215,229
Contributions and grants received
$15,669,276
Grants paid
$7,870,341
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$15,501,999
Management and general expenses
$2,387,021
Fundraising expenses
$326,209
Program service expenses (Part III)
$15,501,999

Program services were 85.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DARRYL MAXWELL

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ROBERT ACEITUNO

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • ORLANDO VELEZ

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • FERNANDO LEMOS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MEGAN COOLIDGE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • COURTNEY MATSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CARLOS TALAMANTE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JEFFRY VIQUE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ANA ISIS SALMERON

    CHIEF FINANCIAL OFFICER

    Total calculated
    $149,110
    From this org
    $134,729
    From related orgs
    $0
    Other
    $14,381
    Hours/week
    40

  • WALDA YON

    CHIEF OF HOUSING PROGRAMS

    Total calculated
    $133,058
    From this org
    $119,171
    From related orgs
    $0
    Other
    $13,887
    Hours/week
    40

  • HECTOR SANTIAGO

    DIRECTOR OF OPERATIONS

    Total calculated
    $134,126
    From this org
    $104,391
    From related orgs
    $0
    Other
    $29,735
    Hours/week
    40

  • ASHLEY BERGERON

    DIRECTOR OF HUMAN RESOURCES

    Total calculated
    $127,730
    From this org
    $114,570
    From related orgs
    $0
    Other
    $13,160
    Hours/week
    40

  • EMI REYES

    EXECUTIVE DIRECTOR

    Total calculated
    $212,644
    From this org
    $196,346
    From related orgs
    $0
    Other
    $16,298
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,346
    Bonus
    $0
    Other
    $0
    Deferred
    $15,698
    Nontaxable benefits
    $600
    Filer's total
    $212,644

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • TENANT POWER LLC

    TO SUPPORT WASHINGTON D.C. TENANTS. · DC · income $0 · assets $131,873

    Directly controlled by LATINO ECONOMIC DEVELOPMENT CORPORATION

  • UNDERSERVED COMMUNITY DEVELOPMENT ORGANIZATION LLC

    PROVIDE ACCESSIBLE AND EQUITABLE FINANCING. · DC · income $319 · assets $187,319

    Directly controlled by LATINO ECONOMIC DEVELOPMENT CORPORATION

Provenance

Return type
form_990
Tax year
2023
Filed
25 April 2025
IRS schema version
2023v6.0
Source object
202541159349300619

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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