- Revenue 2024
- $761,996
- Expenses 2024
- $821,031
Program services were 61.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- Classification
- 1000
- Street
- PO BOX 7231
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
WARD ECONOMIC DEVELOPMENT CORPORATION (WEDC) WAS INCORPORATED ON NOVEMBER 12, 1987 PURSUANT TO THE GENERAL NONPROFIT CORPORATION LAW OF THE STATE OF CALIFORNIA. WEDC WAS CREATED TO ACHIEVE THE FOLLOWING: (1) TO IDENTIFY AND PURSUE ECONOMIC DEVELOPMENT OPPORTUNITIES WITHIN THE CITY OF LOS ANGELES (2) PROVIDE 91 UNITS OF LOW-INCOME HOUSING THROUGH THE OPERATIONS OF TUELYN TERRACE AND (3) THE OPERATION AND AVAILABILITY OF ADDITIONAL LOW-INCOME AFFORDABLE HOUSING UNITS AT VARIOUS SCATTERED SITES IN LOS ANGELES.
-
TO IDENTIFY AND PURSUE ECONOMIC DEVELOPMENT OPPORTUNITIES WITHIN THE CITY OF LOS ANGELES, PROVIDE 91 UNITS OF LOW-INCOME HOUSING THROUGH THE OPERATIONS OF TUELYN TERRACE AND THE OPERATION AND AVAILABILITY OF ADDITIONAL LOW-INCOME AFFORDABLE HOUSING UNITS AT VARIOUS SCATTERED SITES IN LOS ANGELES.
Expenses $503,846 · Revenue $761,996
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
ROBERT CAMPBELL
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 2
-
JACQUELYN DUPONT-WALKER
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
ROLAND A WILEY
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
JARRELL DAVIS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
AMY RICHARDSON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ROBERT RUSS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
BARRY SETTLE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $761,996
- Expenses
- $821,031
- Contributions
- $5,000
- Grants paid
- $0
-
2023
- Revenue
- $2,103,934
- Expenses
- $2,126,887
- Contributions
- $1,338,500
- Grants paid
- $1,338,500
-
2022
- Revenue
- $3,516,517
- Expenses
- $3,507,270
- Contributions
- $2,806,150
- Grants paid
- $2,677,750
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $646,213
- Expenses
- $613,991
- Assets (EOY)
- $7,561,759
-
2020 · 990
- Revenue
- $1,055,393
- Expenses
- $664,526
- Assets (EOY)
- $7,929,055
-
2019 · 990
- Revenue
- $1,215,670
- Expenses
- $860,700
- Assets (EOY)
- $7,796,169
-
2018 · 990
- Revenue
- $571,894
- Expenses
- $658,026
- Assets (EOY)
- $7,554,339
-
2017 · 990
- Revenue
- $515,793
- Expenses
- $578,457
- Assets (EOY)
- $7,836,332
-
2016 · 990
- Revenue
- $413,857
- Expenses
- $547,407
- Assets (EOY)
- $8,144,156
-
2015 · 990
- Revenue
- $438,149
- Expenses
- $588,449
- Assets (EOY)
- $8,296,365
-
2014 · 990
- Revenue
- $468,848
- Expenses
- $602,444
- Assets (EOY)
- $8,326,560
-
2013 · 990
- Revenue
- $766,251
- Expenses
- $708,754
- Assets (EOY)
- $8,527,461
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
-
LOS ANGELES CITY COUNSEL DISTRICT 8 COMMUNITY ACTIVITIES GRANT
$174,750
2022 GENERAL SUPPORT
-
$75,000
2022 GENERAL SUPPORT
-
$75,000
2022 GENERAL SUPPORT
-
2022 GENERAL SUPPORT
-
2022 GENERAL SUPPORT
-
2022 GENERAL SUPPORT
-
LOS ANGELES BLACK WORKER CENTER
$75,000
2022 GENERAL SUPPORT
-
BRIDGE BUILDERS FOUNDATION INC
$75,000
2022 GENERAL SUPPORT
-
$75,000
2022 GENERAL SUPPORT
-
2022 GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
CALIFORNIA COMMUNITY FOUNDATION
$17,500
2024 ECONOMIC OPPORTUNITY
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.