Housing & Shelter
Latino Economic Development Center
SAINT PAUL, MN
Total revenue
$4.4M
Total expenses
$4.0M
Net assets
$9.9M
Grants received
$9.4M
121 grants
EIN
510467167
Tax year
2024
Mission
To transform our community by creating economic opportunities for Latinos throughout Minnesota.
Programs
2 programs
LEDC's Business Development Program helps entrepreneurs prepare to launch or grow their business, including communications and marketing, budgeting, digital literacy, commercial insurance, taxation, and other areas of technical assistance. Our Business Development associates guide each member in creating their business plan and provide access to resources and education needed to meet their goals. Through direct support and referrals to specialized service providers, we support clients with their needs in finance, legal issues, technology, information technology (IT), human resources (HR) issues, and industry-specific regulations. Last year, LEDC's Business Development program supported more than 700 aspiring entrepreneurs and small business owners through business development workshops and one-on-one business consulting provided in Spanish and English.
LEDC's Agriculture Program, an extension of our Business Development program with a technical focus on the agricultural sector, provides technical assistance, business development, and access to affordable capital and markets that help beginning and established farmers and entrepreneurs start new farming or food production enterprises or grow their existing farm businesses. Additional services include Organic and GAP certification and navigating the complex system of government agriculture programs. Throughout 2024, LEDC's Agriculture program provided technical assistance to 96 farmers and agriculture-focused businesses and supported businesses with closing three loans deploying a total of $580,000 of capital.
Financials
FY 2024
Revenue
Expenses
People
17 listed
Jose Camarena-Michel
Interim Executive Director
$108K
40 hrs/wk
Alma Flores
Executive Director
$45K
40 hrs/wk
Henry Jimenez
Past Executive Director
$35K
40 hrs/wk
Angela Knudson
Director
—
1 hrs/wk
Eduardo Mozqueda
Director
—
1 hrs/wk
Tony Vannicola
Director
—
1 hrs/wk
Carlos Lamboglia
Director
—
1 hrs/wk
Vanessa Butler
Director
—
1 hrs/wk
Carlos Lopez
Board Chair
—
1 hrs/wk
Linda Correa Bates
Director
—
1 hrs/wk
Ambar Cristina Hanson
Director
—
1 hrs/wk
Alejandro Trevino
Director
—
1 hrs/wk
John Uribe
Director
—
1 hrs/wk
Jeremy Wermerskirchen
Director
—
1 hrs/wk
Jennifer Carlson
Director
—
1 hrs/wk
Uri Camarena
Secretary
—
1 hrs/wk
Ruben Hidalgo
Treasurer
—
1 hrs/wk
Independent contractors
CliftonLarsonAllen LLP
Accounting Services
Lunning Wende
Architect Services
Craftsman Technology Group LLC
Customer Relationship Management Solutio
Grants received
Showing 121 of 121
Funded by
$9.4M from 52 funders · 121 grants · 2017–2024
$1.4M · 6 grants · 2018–2024
$1.2M · 13 grants · 2020–2024
$733K · 4 grants · 2020–2024
$706K · 5 grants · 2017–2024
$575K · 4 grants · 2019–2023
$480K · 4 grants · 2020–2024
$368K · 2 grants · 2020–2023
$350K · 1 grant · 2020