Overview

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Est.

1992

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Grant Housing and Economic Development Corporation (EIN: 95-4505619) is a nonprofit organization dedicated to enhancing the socio-economic conditions of residents in depressed areas, particularly in South Los Angeles and Watts, through education, low-income housing, and economic development initiatives. With an operating budget of $421.2K and total revenue of $158.8K for the 2024 filing year, the organization has received significant funding from various sources, though it does not rely on a single funder for 50% or more of its revenue. Currently, there is no website available for further information.

Mission Statement

GHEDC seeks to improve the socio-economic condition of residents through education low-income housing and economic development in depressed areas such as south Los Angeles Watts.
Revenues
$158.8K
Expenses
$421.2K
Net Income:
-$262.4K
Assets
$1.9M
Liabilities
$1M
Net Assets:
+$857.5K
Operating Budget
$421.2K
Operating Budget by Year

Due Diligence

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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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Total No. of Grants
1
Median grant size
$200
Largest grant received
$200
C
Chris Jordan
Board Member
D
Dr Sean Gaston
Board Member
L
Lee Webster
Board Member

Frequently Asked Questions

What is GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2024, GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $421 thousand. More detailed financial information is available to registered users.
What causes does GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION support?
GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION supports work in Urban development.
Where does GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION operate?
GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION is headquartered in Downey, CA.
Who funded GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION recently?
In 2018, GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION received grants from LIBERTY HILL FOUNDATION and ENTERPRISE COMMUNITY PARTNERS INC. More information on this organization’s funders is available to registered users.
What is the largest grant GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION received in 2018?
The largest grant to GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION in 2018 exceeds <$1,000.