Economic Development Corporation of Los Angeles County
The function of the corporation shall be to ease the burdens of government by assisting, implementing, supporting and/or contributing to the support of programs, projects and activities of a public nature. Which are directed toward improving economic conditions throughout los Angeles county, and educating the public through economic research, analysis and otherwise. By serving as a vehicle to facilitate cooperation between the public and private sector. The corporation will coalesce local, state and federal resources to increase private investment, particulary in the economically distressed areas of Said county. Through the collaboration with community, government, business, labor and education partners to inform and advance our data - driven and evidence-based approach, we endeavor to achieve a reimagined regional economy - growing, equitable, sustainable, and resilient- that provides healthy and high standard of living for all.
Economic Development Corporation of Los Angeles County at a glance
- Total assets
- $35,302,763
- +2.8% vs 2024
- Revenue (2025)
- $9,176,161
- +1.5% vs 2024
- Net investment income (2025)
- $949,050
- -62.3% vs 2024
- Expenses (2025)
- $9,994,572
- +17.2% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Economic Development Corporation of Los Angeles County funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $155K (2024) to $220K (2023). In 2024 it made 1 grant totaling $155K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| World Trade Center Association Los Angeles-Long Beach Los Angeles, CA | To support the marketing and promotion efforts of the los Angeles county region. | $155,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $35,302,763 | $9,176,161 | $9,994,572 | — | — | $949,050 |
| 2024 | $34,353,930 | $9,039,405 | $8,528,500 | $155,000 | 1 | $2,518,072 |
| 2023 | $33,343,547 | $5,828,748 | $7,869,790 | $220,000 | 1 | $-158,239 |
| 2022 | $29,436,314 | $9,374,870 | $9,087,793 | — | — | $1,698,573 |
| 2021 | $33,754,787 | $9,257,630 | $7,687,969 | — | — | $2,706,501 |
About Economic Development Corporation of Los Angeles County
Based on IRS filings
Economic Development Corporation of Los Angeles County is a public charity, based in Los Angeles, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $35.3M in total assets. Net investment income was $949K.
Leadership & Key People
Officers and directors from IRS filings
Economic Development Corporation of Los Angeles County is led by Stephen Cheung, President & CEO since 2024 (on filings since 2022); 10 of 106 officers listed in 2025 are compensated.
Officers on the 2025 filing
Stephen Cheung
President & CEO
Executive Vice President & COO → President & CEO, 2024
On filings since 2022
40 hrs/week
$303K (2022) → $401K (2025)
Ron Frierson
Chairperson
Director → Chairperson, 2025
On filings since 2023
1 hr/week
No compensation reported
Shannon Sedgwick
Senior Director for Institute of Applied Economics
Director Institute of Applied Economic → Director Institute of Applied Economics, 2024
Director Institute of Applied Economics → Senior Director for Institute of Applied Economics, 2025
On filings since 2021
50 hrs/week
$144K (2021) → $173K (2025)
Barbara Levin
Senior Director of Strategic Partnership
Director Business Assistance Program → Director of Business Assistance Program, 2024
Director of Business Assistance Program → Senior Director of Strategic Partnership, 2025
On filings since 2023
40 hrs/week
$148K (2023) → $133K (2025)
Sonia Estrada
Senior Director Accounting & Administration
On filings since 2024
40 hrs/week
$138K (2024) → $138K (2025)
Charles Johnson
Director Industry Cluster Development
New on the 2025 filing
40 hrs/week
$139K (2025)
William Powles
Senior Director International Trade
New on the 2025 filing
$149K (2025)
Angela Yim-Sullivan
Director
On filings since 2021
1 hr/week
No compensation reported
Arthur Bilger
Director
On filings since 2021
1 hr/week
No compensation reported
Brett Howroyd
Director
On filings since 2021
1 hr/week
No compensation reported
Bryan Schweickert
Director
On filings since 2021
1 hr/week
No compensation reported
Catherine Reheis-Boyd
Director
On filings since 2021
1 hr/week
No compensation reported
Daniel Ledger
Director
On filings since 2021
1 hr/week
No compensation reported
Daniel Timmons
Director
On filings since 2021
1 hr/week
No compensation reported
David Abel
Director
On filings since 2021
1 hr/week
No compensation reported
David Fleming
Director
On filings since 2021
1 hr/week
No compensation reported
David Hill
Director
On filings since 2021
1 hr/week
No compensation reported
Effie Turnbull Sanders
Director
On filings since 2021
1 hr/week
No compensation reported
Ellie Casson
Director
On filings since 2021
1 hr/week
No compensation reported
Eric Rowen
Director
On filings since 2021
1 hr/week
No compensation reported
Erika Beck
Director
On filings since 2021
1 hr/week
No compensation reported
Gene Block
Director
On filings since 2021
1 hr/week
No compensation reported
Gene Hale
Director
On filings since 2021
1 hr/week
No compensation reported
Goetz Wolff
Director
On filings since 2021
1 hr/week
No compensation reported
Hale Behzadi
Director
On filings since 2021
1 hr/week
No compensation reported
Jane Conoley
Director
On filings since 2021
1 hr/week
No compensation reported
Jayme S. Wilson
Director
On filings since 2021
1 hr/week
No compensation reported
Jeff Wilson
Director
On filings since 2021
1 hr/week
No compensation reported
Jeffrey R. Jennison
Director
On filings since 2021
1 hr/week
No compensation reported
Jodie Lesh
Director
On filings since 2021
1 hr/week
No compensation reported
John Loftus
Director
On filings since 2021
1 hr/week
No compensation reported
Jose Gomez
Director
On filings since 2021
1 hr/week
No compensation reported
Lilly Rocha
Director
On filings since 2021
1 hr/week
No compensation reported
Mark Pestrella
Director
On filings since 2021
1 hr/week
No compensation reported
Mark Sogomian
Director
On filings since 2021
1 hr/week
No compensation reported
Maura O'Connor
Director
On filings since 2021
1 hr/week
No compensation reported
Monica Banken
Director
On filings since 2021
1 hr/week
No compensation reported
Noel Hacegaba
Director
On filings since 2021
1 hr/week
No compensation reported
Patrick McClenahan
Director
On filings since 2021
1 hr/week
No compensation reported
Praful Kulkarni
Director
On filings since 2021
1 hr/week
No compensation reported
Rose Nordbrock
Director
On filings since 2021
1 hr/week
No compensation reported
Santiago Munoz
Director
On filings since 2021
1 hr/week
No compensation reported
Steven Nissen
Director
Chair → Director, 2022
On filings since 2021
1 hr/week
No compensation reported
Thomas Parham
Director
On filings since 2021
1 hr/week
No compensation reported
Thomas Wingard
Director
On filings since 2021
1 hr/week
No compensation reported
Tom Vandiver
Director
On filings since 2021
1 hr/week
No compensation reported
Adam Burke
Director
On filings since 2022
1 hr/week
No compensation reported
Brennon Crist
Director
On filings since 2022
1 hr/week
No compensation reported
David Foley
Director
On filings since 2022
1 hr/week
No compensation reported
Kelly Lobianco
Director
On filings since 2022
1 hr/week
No compensation reported
Schenae Rourk
Director
On filings since 2022
1 hr/week
No compensation reported
Zack Sokoloff
Director
On filings since 2022
1 hr/week
No compensation reported
Zanku Amernian
Director
On filings since 2022
1 hr/week
No compensation reported
Barbara Jones
Director
On filings since 2023
1 hr/week
No compensation reported
Bill Dacunto
Director
On filings since 2023
1 hr/week
No compensation reported
Diana Boyadjian
Director
On filings since 2023
1 hr/week
No compensation reported
Eric Bullard
Director
On filings since 2023
1 hr/week
No compensation reported
Fesia Davenport
Director
On filings since 2023
1 hr/week
No compensation reported
Frances Teves
Director
On filings since 2023
1 hr/week
No compensation reported
Gerard Orozco
Director
On filings since 2023
1 hr/week
No compensation reported
Narineh Makijian
Director
On filings since 2023
1 hr/week
No compensation reported
Travis Kiyota
Director
On filings since 2023
1 hr/week
No compensation reported
Yvette Estrada
Director
On filings since 2023
1 hr/week
No compensation reported
Bryan Leroy
Director
On filings since 2024
1 hr/week
No compensation reported
Carissa Smith
Director
On filings since 2024
1 hr/week
No compensation reported
David Tucker
Director
On filings since 2024
1 hr/week
No compensation reported
John Ackerman
Director
On filings since 2024
1 hr/week
No compensation reported
Joseph Villela
Director
On filings since 2024
1 hr/week
No compensation reported
Karen Sessions
Director
On filings since 2024
1 hr/week
No compensation reported
Kathleen Rawson
Director
On filings since 2024
1 hr/week
No compensation reported
Les McCabe
Director
On filings since 2024
1 hr/week
No compensation reported
Lilit Zibari
Director
On filings since 2024
1 hr/week
No compensation reported
Minal Mondkar
Director
On filings since 2024
1 hr/week
No compensation reported
Spencer Smith
Director
On filings since 2024
1 hr/week
No compensation reported
Adam Lane
Director
New on the 2025 filing
1 hr/week
No compensation reported
Andy Perez
Director
New on the 2025 filing
1 hr/week
No compensation reported
Brandy Han
Director
New on the 2025 filing
1 hr/week
No compensation reported
Bryan Sarkosas
Director
New on the 2025 filing
1 hr/week
No compensation reported
Conrado Ayala
Director
New on the 2025 filing
1 hr/week
No compensation reported
David Hills
Director
New on the 2025 filing
1 hr/week
No compensation reported
Deb Vrana
Director
New on the 2025 filing
1 hr/week
No compensation reported
Dennis Huang
Director
New on the 2025 filing
1 hr/week
No compensation reported
Greg Skalaski
Director
New on the 2025 filing
1 hr/week
No compensation reported
Hans Getty
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jacques Nack
Director
New on the 2025 filing
1 hr/week
No compensation reported
James Limbaugh
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jane Navarria
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jared Yoshiki
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jennifer Poulakidas
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jessica Godinez
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jill Kurth
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jose Gardea
Director
New on the 2025 filing
1 hr/week
No compensation reported
Kash Hussain
Director
New on the 2025 filing
1 hr/week
No compensation reported
Keith Curry
Director
New on the 2025 filing
1 hr/week
No compensation reported
Kellie Todd Griffin
Director
New on the 2025 filing
1 hr/week
No compensation reported
Kyle Brown
Director
New on the 2025 filing
1 hr/week
No compensation reported
Peter Slavin
Director
New on the 2025 filing
1 hr/week
No compensation reported
Sarah Harris
Director
New on the 2025 filing
1 hr/week
No compensation reported
Steve Hennessey
Director
New on the 2025 filing
1 hr/week
No compensation reported
Yesenia Monsour
Director
New on the 2025 filing
1 hr/week
No compensation reported
Kendal R. Turner
Executive Vice President & CFO
On filings since 2022
40 hrs/week
$81K (2022) → $257K (2025)
Jermaine Hampton
Vice President Workforce Dev't & Special Projects
Vice President Workforce Development & Special Pr → Vice President Workforce Dev't & Special Projects, 2025
On filings since 2024
50 hrs/week
$167K (2024) → $212K (2025)
Alison Clark
Vice President Bus. Assistance & Int'l Trade
New on the 2025 filing
30 hrs/week
$183K (2025)
Linden Johnson
Senior Director Bus. Assistant Program
New on the 2025 filing
40 hrs/week
$144K (2025)
Laurie Sewell
Co-Chair
Director → Co-Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Efrain Escobedo
Co-Chair
Director → Co-Chair, 2025
On filings since 2023
1 hr/week
No compensation reported
Former officers (66)
- Former: Gene Seroka (2021–2024) — Director
- Former: Jeff Assaf (2021–2024) — Director
- Former: Justin Erbacci (2021–2024) — Director
- Former: Justin Thompson (2021–2024) — Director
- Former: Lewis C. Horne (2021–2024) — Director
- Former: Maria Camacho (2021–2024) — Director
- Former: Nataline Lomedico (2021–2024) — Director
- Former: Thomas M. Priselac (2021–2024) — Director
- Former: Devorah Lieberman (2022–2024) — Director
- Former: Linda Oubre (2022–2024) — Director
- Former: Luci Ibarra (2022–2024) — Director
- Former: Mariana Holliday (2022–2024) — Director
- Former: Steven Olson (2022–2024) — Director
- Former: Aaron Cohen (2023–2024) — Director
- Former: Alejandra Santamaria (2023–2024) — Director
- Former: Andy Steinhauser (2023–2024) — Director
- Former: Bryan Sastokas (2023–2024) — Director
- Former: Cynthia Coulter (2023–2024) — Director
- Former: Harry Elam (2023–2024) — Director
- Former: Juan Salazar (2023–2024) — Director
- Former: Maria Garcia (2023–2024) — Director
- Former: Melissa Khamvongsa (2023–2024) — Vice President Strategic Relations
- Former: Shannon Sullivan (2023–2024) — Director
- Former: Amos Himmelstein (2024) — Director
- Former: Jarret Barrios (2024) — Director
- Former: Jim Coronado (2024) — Director
- Former: Justin Adams (2024) — Senior Economist
- Former: Larry Holt (2024) — Vice President Business Assistance & International Trade
- Former: Michael Weintraub (2024) — Director
- Former: Porsha Cropper (2024) — Director
- Former: Rick Davila (2024) — Director of It & Facilities
- Former: Timothy Anderson (2024) — Director
- Former: Winston Damarillo (2024) — Director
- Former: Dan Montplaisir (2021–2023) — Director
- Former: Geoffrey Danker (2021–2023) — Director
- Former: Katy Young Yaroslavsky (2021–2023) — Director
- Former: Robert A. Machuca (2021–2023) — District Director
- Former: Rudy Medina (2021–2023) — Chairman
- Former: Scott Witter (2021–2023) — Director
- Former: William C. Allen (2021–2023) — President & CEO
- Former: Brook Taylor (2022–2023) — Director
- Former: Jessica Kim Ku (2023) — Vice President Workforce & Bus. Development
- Former: Bob Bush (2021–2022) — Director
- Former: David Meyer (2021–2022) — Director
- Former: Jessica Ku Kim (2021–2022) — Vice President Workforce & Bus. Development
- Former: Joshua Schank (2021–2022) — Director
- Former: Kathy Banuelos (2021–2022) — Director
- Former: Luis Patino (2021–2022) — Vice Chair
- Former: Susan D. Stel (2021–2022) — Executive Vice President & CFO
- Former: David Lewis (2022) — Director
- Former: Thomas Thompson (2022) — Director
- Former: Carrie Rogers (2021) — Vp-Bus Assistant & Development
- Former: Chris Gerardi (2021) — Director
- Former: David Flaks (2021) — President & Chief Operating Officer
- Former: Dwayne Gathers (2021) — Director
- Former: Erik Wedin (2021) — Director
- Former: Jeff Kightlinger (2021) — Director
- Former: Jim Dixon (2021) — Director
- Former: Judy Kruger (2021) — Sen. Director-Strategic Initiatives & Development
- Former: Liz Dubeck (2021) — Director
- Former: Mark Guillen (2021) — Director
- Former: Martha Molina-Aviles (2021) — Director
- Former: Michael Backstrom (2021) — Director
- Former: Mike Berman (2021) — Director
- Former: Todd Hollander (2021) — Director
- Former: Tyler Friedman (2021) — Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $401K, to Stephen Cheung (President and CEO). 10 officers or directors reported compensation on that filing.
Frequently asked questions about Economic Development Corporation of Los Angeles County
How large is Economic Development Corporation of Los Angeles County?
Economic Development Corporation of Los Angeles County reported $35.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $9.2M.
Where does Economic Development Corporation of Los Angeles County operate?
Economic Development Corporation of Los Angeles County has awarded grants in California.
What is Economic Development Corporation of Los Angeles County's EIN?
Economic Development Corporation of Los Angeles County's EIN (Employer Identification Number) is 95-3643339. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS February 24, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2021–2024
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Figures come from Economic Development Corporation of Los Angeles County's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Economic Development Corporation of Los Angeles County down — hundreds of funders to go?