LEDC EQUIPS INDIVIDUALS AND FAMILIES WITH THE SKILLS AND FINANCIAL TOOLS TO CREATE A BETTER FUTURE FOR THEMSELVES AND THEIR NEIGHBORHOODS. 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, VIRGINIA, AND PUERTO RICO REGION IS STRONGER WHEN ALL FAMILIES HAVE THE POWER TO ACHIEVE FINANCIAL INDEPENDENCE AND JOIN WITH THEIR PEERS TO IMPROVE THEIR NEIGHBORHOODS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
- Base
- $196k
- Bonus
- —
- Other
- —
- Benefits
- $600
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director 25th percentile to medianvs Community Improvement & Capacity Building peers in District of Columbia | $196k | — | — | $600 | $213k $233k |
Chief Financial Officer Median to 75th percentile | — | — | — | — | $149k $163k |
Director of Operations 25th percentile to median | — | — | — | — | $134k $147k |
Chief of Housing Programs Officer (Unspecified) | — | — | — | — | $133k $146k |
Director of Human Resources Director (Operational) Median to 75th percentile | — | — | — | — | $128k $140k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 8 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at LATINO ECONOMIC DEVELOPMENT CORPORATION equaled 1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 1%
from 2022
From $210k in 2022 to $213k in 2023.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 1% from 2022 to 2023, while revenue fell 16%.
- Chief Financial Officer pay rose 11% from 2022 to 2023.
- Director (Operational) pay rose 23% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LATINO ECONOMIC DEVELOPMENT CORPORATION
What does the Chief Executive Officer of LATINO ECONOMIC DEVELOPMENT CORPORATION earn?
In 2023, the Chief Executive Officer of LATINO ECONOMIC DEVELOPMENT CORPORATION received $212,644 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in District of Columbia, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at LATINO ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in District of Columbia, the 2023 pay of the Chief Executive Officer at LATINO ECONOMIC DEVELOPMENT CORPORATION falls between the 25th percentile and the median. In 2023, the highest total compensation at LATINO ECONOMIC DEVELOPMENT CORPORATION equaled 1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are LATINO ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, LATINO ECONOMIC DEVELOPMENT CORPORATION reported $16.5M in total revenue and $18.2M in total expenses on its IRS Form 990.
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