IRS 990 Nonprofit Profile

Economic Development Corporation Of Los Angeles County

The laedc's principal objective is to collectively advance economic opportunity and prosperity and raise standards of living for all los angeles (la) county residents through programs, projects and activities of a public nature. as la's only countywide economic development organization, the laedc provides collaborative, innovative, and strategic economic development leadership to promote a more robust, equitable, sustainable, and resilient la county economy to improve the health and wellbeing of the region's residents and communities and enable those residents to meet their basic human need for a job. laedc achieves this through objective economic research and analysis; programmatic and on-the-ground technical and transactional assistance to business, government, education, and workforce development systems; and targeted public policy and issue advocacy.

Filing year
2023
Total revenue
$9.0M
Total expenses
$8.5M
Program expenses
$7.5M
Administration
$631K
Fundraising
$431K
Program share of expenses
88%
EIN
953643339
Location
Los Angeles, CA

WWW.LAEDC.ORG

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Financial data on this page is sourced from IRS Form 990 filings.