LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC
AI Summary
The Latin American Economic Development Association Inc is dedicated to creating small business ownership opportunities for economically disadvantaged minorities, contributing to the growth and success of minority-owned small businesses in the communities it serves. With an operating budget of $741K and total revenue of $697.5K for the filing year 2025, the organization receives support from key funders including Wells Fargo Foundation and The Bank of America Charitable Foundation Inc. The organization does not rely on any single funder for 50% or more of its revenue.
Mission Statement
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.
Cause Areas
1
Entrepreneurship
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC’s budget?
In 2025, LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC reported an annual operating budget of around $741 thousand. More detailed financial information is available to registered users.
What causes does LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC support?
LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC supports work in Entrepreneurship.
Where does LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC operate?
LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC is headquartered in Camden, NJ.
Who funded LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC recently?
In 2025, LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC received grants from TD CHARITABLE FOUNDATION, Wells Fargo Foundation, and TD CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC received in 2024?
The largest grant to LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC in 2024 exceeds $40 thousand.
What is LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC’s reliance on government grants?
LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC relied on government grants for more than 50% of their total revenue in 2025.