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Latino Economic Development Corporation Of Washington Dc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Community, Neighborhood Development, Improvement (General) (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$19.5M (2023)

Expenses
$18.4M (2023)

Total Assets
$25.2M (2023)

Total Liabilities
$6.69M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,538,430
Expenses
$18,402,517
Net Income
$1,135,913
Net Assets
$18,517,152
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,909,566
96.8%
Program Services $604,542
3.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $24,322
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $6,101,642
33.2%
Professional Fundraising Fees $0
Other Salaries and Wages $143,153
0.8%
Assets/Debt
Total Assets $25,204,226
Total Liabilities $6,687,074
Net Assets $18,517,152
Compensation
Key Employees and Officers Compensation Related Other
Emi Reyes (Executive Director) $180,385 $0 $29,633
Ana Isis Salmeron (Chief Financial Officer) $134,904 $0 $0
Walda Yon (Chief Of Housing Programs) $114,389 $0 $0
Omar Velasco (Chief Of Small Business Programs) $104,019 $0 $0
Laura Bentley (Director Of Direct Community Investments) $103,888 $0 $0
Darryl Maxwell (Chair) $0 $0 $0
Robert Aceituno (Treasurer) $0 $0 $0
Orlando Velez (Secretary) $0 $0 $0
Fernando Lemos (Board Member) $0 $0 $0
Megan Coolidge (Board Member) $0 $0 $0
Erika Flora (Board Member) $0 $0 $0
Courtney Matson (Board Member) $0 $0 $0
Carlos Talamante (Board Member) $0 $0 $0
Jeffry Vique (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$40,380,571
Expenses
$38,165,728
Net Income
$2,214,843
Net Assets
$17,381,239
Notable Sources of Revenue Percent of Total Revenue
Contributions $39,701,203
98.3%
Program Services $600,409
1.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $78,959
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $4,882,377
12.8%
Professional Fundraising Fees $0
Other Salaries and Wages $80,218
0.2%
Assets/Debt
Total Assets $22,544,018
Total Liabilities $5,162,779
Net Assets $17,381,239
Compensation
Key Employees and Officers Compensation Related Other
Emi Reyes (Chief Executive Officer) $143,116 $0 $0
Marjorie Nemes (Interim Executive Director) $130,920 $0 $0
Ana Isis Salmeron (Chief Financial Officer) $118,989 $0 $0
Omar Velasco (Chief Of Small Business Programs) $113,769 $0 $0
Walda Yon (Chief Of Housing Programs) $111,759 $0 $0
Darryl Maxwell (Chair) $0 $0 $0
Robert Aceituno (Treasurer) $0 $0 $0
Orlando Velez (Secretary) $0 $0 $0
Fernando Lemos (Board Member) $0 $0 $0
Megan Coolidge (Board Member) $0 $0 $0
Erika Flora (Board Member) $0 $0 $0
Courtney Matson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$55,386,095
Expenses
$53,394,386
Net Income
$1,991,709
Net Assets
$15,166,396
Notable Sources of Revenue Percent of Total Revenue
Contributions $53,796,945
97.1%
Program Services $1,582,877
2.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,273
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $243,078
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $3,422,955
6.4%
Assets/Debt
Total Assets $21,296,549
Total Liabilities $6,130,153
Net Assets $15,166,396
Compensation
Key Employees and Officers Compensation Related Other
Marla Bilonick (Executive Director) $158,702 $0 $78
Marjorie Nemes (Interim Executive Director) $119,734 $0 $5,670
Darryl Maxwell (Chair) $0 $0 $0
Robert Aceituno (Treasurer) $0 $0 $0
Megan Coolidge (Secretary) $0 $0 $0
Fernando Lemos (Board Member) $0 $0 $0
Orlando Velez (Board Member) $0 $0 $0
Lynnette Madsen (Board Member) $0 $0 $0
Matthew Levin (Board Member) $0 $0 $0
Erika Flora (Board Member) $0 $0 $0
Lissett Perez Weinmann (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,772,010
Expenses
$10,222,703
Net Income
$6,549,307
Net Assets
$12,102,153
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,276,168
97.0%
Program Services $481,731
2.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $14,111
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $157,713
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,700,136
26.4%
Assets/Debt
Total Assets $17,914,033
Total Liabilities $5,811,880
Net Assets $12,102,153
Compensation
Key Employees and Officers Compensation Related Other
Marla Bilonick (Executive Director) $151,037 $0 $1,826
Darryl Maxwell (Chair) $0 $0 $0
Robert Aceituno (Treasurer) $0 $0 $0
Megan Coolidge (Secretary) $0 $0 $0
Fernando Lemos (Board Member) $0 $0 $0
Orlando Velez (Board Member) $0 $0 $0
Lynnette Madsen (Board Member) $0 $0 $0
Matthew Levin (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,745,929
Expenses
$4,408,894
Net Income
$1,337,035
Net Assets
$5,476,553
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,244,110
91.3%
Program Services $483,526
8.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18,293
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $156,133
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,288,422
51.9%
Assets/Debt
Total Assets $8,801,063
Total Liabilities $3,324,510
Net Assets $5,476,553
Compensation
Key Employees and Officers Compensation Related Other
Marla Bilonick (Executive Director) $148,055 $0 $3,072
Silvia Salazar (Chair) $0 $0 $0
Darryl Maxwell (Vice Chair) $0 $0 $0
Robert Aceituno (Treasurer) $0 $0 $0
Megan Coolidge (Secretary) $0 $0 $0
Casey Watson (Board Member) $0 $0 $0
Rachel Jo Sanchez (Board Member) $0 $0 $0
Fernando Lemos (Board Member) $0 $0 $0
Gabriela Mossi (Board Member) $0 $0 $0
Jennifer Lubrani Cisneros (Board Member) $0 $0 $0
Orlando Velez (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,159,428
Expenses
$4,079,354
Net Income
$1,080,074
Net Assets
$4,139,518
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,715,969
91.4%
Program Services $438,736
8.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,723
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $138,064
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,086,913
51.2%
Assets/Debt
Total Assets $6,450,914
Total Liabilities $2,311,396
Net Assets $4,139,518
Compensation
Key Employees and Officers Compensation Related Other
Marla Bilonick (Executive Director) $141,169 $0 $3,072
Silvia Salazar (Chair) $0 $0 $0
Darryl Maxwell (Vice Chair) $0 $0 $0
Robert Aceituno (Treasurer) $0 $0 $0
Casey Watson (Secretary) $0 $0 $0
Megan Coolidge (Board Member) $0 $0 $0
Rachel Jo Sanchez (Board Member) $0 $0 $0
Fernando Lemos (Board Member) $0 $0 $0
Gabriela Mossi (Board Member) $0 $0 $0
Jennifer Lubrani Cisneros (Board Member) $0 $0 $0
Orlando Velez (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,275,349
Expenses
$3,395,259
Net Income
$880,090
Net Assets
$3,059,444
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,870,835
90.5%
Program Services $401,406
9.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,108
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $137,992
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,725,797
50.8%
Assets/Debt
Total Assets $5,837,691
Total Liabilities $2,778,247
Net Assets $3,059,444
Compensation
Key Employees and Officers Compensation Related Other
Marla Bilonick (Executive Director) $140,392 $0 $3,000
Silvia Salazar (Chair) $0 $0 $0
Darryl Maxwell (Vice Chair) $0 $0 $0
Robert Aceituno (Treasurer) $0 $0 $0
Casey Watson (Secretary) $0 $0 $0
Megan Coolidge (Board Member) $0 $0 $0
Rachel Jo Sanchez (Board Member) $0 $0 $0
Fernando Lemos (Board Member) $0 $0 $0
Gabriela Mossi (Board Member) $0 $0 $0
Jennifer Lubrani Cisneros (Board Member) $0 $0 $0
Orlando Velez (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,242,717
Expenses
$2,834,475
Net Income
$408,242
Net Assets
$2,179,354
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,874,022
88.6%
Program Services $363,838
11.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,629
0.1%
Net Inventory Sales $0
Other Revenue $228
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $143,392
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,475,433
52.1%
Assets/Debt
Total Assets $4,447,354
Total Liabilities $2,268,000
Net Assets $2,179,354
Compensation
Key Employees and Officers Compensation Related Other
Marla Bilonick (Executive Director) $109,570 $0 $3,000
Noralisa Leo (Chair) $0 $0 $0
Fernando Lemos (Board Member) $0 $0 $0
Purvi Patel (Board Member) $0 $0 $0
Casey Watson (Board Member) $0 $0 $0
Darryl Maxwell (Board Member) $0 $0 $0
Gabriela Mossi (Board Member) $0 $0 $0
Damaris Mirza (Treasurer) $0 $0 $0
Martin Crowson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,441,176
Expenses
$2,354,400
Net Income
$86,776
Net Assets
$1,771,112
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,071,272
84.8%
Program Services $369,578
15.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $326
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $186,474
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,245,119
52.9%
Assets/Debt
Total Assets $3,731,103
Total Liabilities $1,959,991
Net Assets $1,771,112
Compensation
Key Employees and Officers Compensation Related Other
Rod Ilagan (Cfo) $106,924 $0 $3,000
Marla Bilonick (Executive Director) $94,926 $0 $3,765
Noralisa Leo (Chair) $0 $0 $0
Fernando Lemos (Board Member) $0 $0 $0
Purvi Patel (Board Member) $0 $0 $0
Casey Watson (Board Member) $0 $0 $0
Darryl Maxwell (Board Member) $0 $0 $0
Gabriela Mossi (Board Member) $0 $0 $0
Damaris Mirza (Treasurer) $0 $0 $0
Martin Crowson (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,531,049
Expenses
$2,576,419
Net Income
-$45,370
Net Assets
$1,684,336
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,137,294
84.4%
Program Services $418,002
16.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$37,395
Net Inventory Sales $0
Other Revenue $13,148
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $176,616
6.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,365,642
53.0%
Assets/Debt
Total Assets $3,732,105
Total Liabilities $2,047,769
Net Assets $1,684,336
Compensation
Key Employees and Officers Compensation Related Other
Marla Bilonick (Executive Director) $72,097 $0 $1,766
Rod Ilagan (Cfo) $4,231 $0 $183
Noralisa Leo (Chair) $0 $0 $0
Jim Taylor (Board Member Until 3/2014) $0 $0 $0
J Mitchell Reese (Board Member) $0 $0 $0
Scott Stokes (Board Member) $0 $0 $0
Yvette Retamosa (Board Member) $0 $0 $0
Gabriela Mossi (Board Member) $0 $0 $0
Damaris Mirza (Treasurer) $0 $0 $0
Martin Crowson (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,904,792
Expenses
$3,009,751
Net Income
$895,041
Net Assets
$1,729,706
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,452,728
62.8%
Program Services $454,601
11.6%
Investment Income $26
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,750
0.1%
Net Fundraising $0
Sales of Assets $964,423
24.7%
Net Inventory Sales $0
Other Revenue $27,264
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $114,840
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,592,661
52.9%
Assets/Debt
Total Assets $4,587,791
Total Liabilities $2,858,085
Net Assets $1,729,706

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,995,331
Expenses
$2,952,828
Net Income
$42,503
Net Assets
$834,665
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,618,992
87.4%
Program Services $331,563
11.1%
Investment Income $56
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $14,178
0.5%
Net Fundraising $14,296
0.5%
Sales of Assets $6,516
0.2%
Net Inventory Sales $0
Other Revenue $9,730
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $133,756
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,556,544
52.7%
Assets/Debt
Total Assets $2,714,373
Total Liabilities $1,879,708
Net Assets $834,665

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,622,096
Expenses
$3,356,122
Net Income
$265,974
Net Assets
$792,162
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,284,926
90.7%
Program Services $111,539
3.1%
Investment Income $261
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $57,871
1.6%
Sales of Assets $9,805
0.3%
Net Inventory Sales $0
Other Revenue $157,694
4.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $130,909
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,491,192
44.4%
Assets/Debt
Total Assets $2,672,117
Total Liabilities $1,879,955
Net Assets $792,162

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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