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THE WARD ECONOMIC DEVELOPMENT CORPORATION

EIN 95-4206960 LOS ANGELES, CA

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

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

Where these grants went next →

Grants received

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.