Nonprofits›Latin American Economic Development Association Inc

Community Improvement & Capacity Building

Latin American Economic Development Association Inc

CAMDEN, NJ

Website

Total revenue

$495K

Total expenses

$566K

Net assets

$803K

Grants received

$528K

28 grants

EIN

222846440

Tax year

2023

Mission

Laeda is dedicated: to the creation of small business ownership opportunities for economically disadvantaged minorities, to contribute to the growth and success of minority owned small businesses and the development of the marketplace in the communities we serve.

Financials

FY 2023

Revenue

Contributions & grants$578K
Program service revenue—
Investment income$138
Other revenue—
Total revenue$495K

Expenses

Grants paid—
Salaries & benefits$433K
Fundraising—
Other expenses$134K
Total expenses$566K
Total assets$1.4M
Net assets$803K

People

6 listed

NameRoleCompensation

RAYMOND LAMBOY

PRESIDENT & CEO

Board

$95K

40 hrs/wk

KRISTA BEY

SECRETARY

Board

—

2 hrs/wk

DIANA PEREZ

MEMBER

Board

—

2 hrs/wk

JOSE MERCADO

BOARD CHAIR

Board

—

2 hrs/wk

JUSTIN DENG

TREASURER

Board

—

2 hrs/wk

JOSUE CASTRO

MEMBER

Board

—

2 hrs/wk

Grants received

Showing 28 of 28

FromAmountPurposeYear
WSFS CARES FOUNDATION
$5K
REVITALIZATION AND BUSINESS ECONOMIC EMPOWERMENT
2024
TD CHARITABLE FOUNDATION
$25K
CONTINUUM OF BUSINESS EDUCATION INITIATIVE
2023
Subaru of America Foundation Inc
$20K
EDUCATION
2023
UNITED WAY OF GREATER PHILADELPHIA AND SOUTHERN NEW JERSEY
$14K
OPERATING GRANT
2023
OCEANFIRST FOUNDATION
$6K
GENERAL OPERATING/FLEXIBLE SUPPORT GRANT
2023
AMERICAN WATER CHARITABLE FOUNDATIONINC
$5K
GENERAL PURPOSE
2023
PSEG FOUNDATION INC
$3K
Continuum of Business Education Initiative
2023
THE BLACKBAUD GIVING FUND
$25K
GENERAL SUPPORT
2022
TD CHARITABLE FOUNDATION
$25K
CONTINUUM OF BUSINESS EDUCATION INITIATIVE
2022
OCEANFIRST FOUNDATION
$8K
GENERAL OPERATING/FLEXIBLE SUPPORT GRANT
2022
WSFS CARES FOUNDATION
$5K
COMMUNITY INVESTMENTS (ART, COMMUNITY CENTERS, GREEN SPACES)
2022
THE BLACKBAUD GIVING FUND
$75K
GENERAL SUPPORT
2021
THE BLACKBAUD GIVING FUND
$75K
GENERAL SUPPORT
2021
TD CHARITABLE FOUNDATION
$25K
THE CONTINUUM OF BUSINESS EDUCATION INITIATIVE
2021
COLUMBIA BANK FOUNDATION
$10K
THE CONTINUUM OF BUSINESS EDUCATION INITIATIVE
2021
UNITED WAY OF GREATER PHILADELPHIA AND SOUTHERN NEW JERSEY
$8K
—
2021
OCEANFIRST FOUNDATION
$5K
GENERAL OPERATING/FLEXIBLE SUPPORT GRANT
2021
WSFS CARES FOUNDATION
$5K
REVITALIZATION AND BUSINESS ECONOMIC EMPOWERMENT
2021
TD CHARITABLE FOUNDATION
$20K
THE CONTINUUM OF BUSINESS EDUCATION INITIATIVE
2020
THE PHILADELPHIA FOUNDATION
$17K
COVID-19 RELIEF EFFORT
2020
COMMUNITY FOUNDATION OF NEW JERSEY
$15K
GENERAL SUPPORT
2020
The Bank of America Charitable Foundation Inc
$15K
GENERAL SUPPORT
2020
NATIONAL ASSOCIATION FOR LATINO
$15K
Small Business
2020
COLUMBIA BANK FOUNDATION
$5K
COVID-19 DISASTER RELIEF
2020
COLUMBIA BANK FOUNDATION
$5K
THE CONTINUUM OF BUISNESS EDUCATION INITATIVE
2020
TD CHARITABLE FOUNDATION
$20K
THE CONTINUUM OF BUSINESS EDUCATION INITIATIVE
2019
UNITED WAY OF GREATER PHILADELPHIA AND SOUTHERN NEW JERSEY
$8K
Grant
2019
HISPANIC FAMILY CENTER OF SOUTHERN
$66K
family programs
2018

Funded by

$528K from 14 funders · 28 grants · 2018–2024

The Blackbaud Giving Fund

$175K · 3 grants · 2021–2022

Td Charitable Foundation

$115K · 5 grants · 2019–2023

Hispanic Family Center Of Southern

$66K · 1 grant · 2018

Subaru of America Foundation Inc

$20K · 1 grant · 2023

Columbia Bank Foundation

$20K · 3 grants · 2020–2021

Oceanfirst Foundation

$19K · 3 grants · 2021–2023

The Philadelphia Foundation

$17K · 1 grant · 2020

Details

EIN222846440
NTEE codeS43Z
Subsection03
Ruling date1989-07
Formed1987
Employees10
Volunteers3
LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo