Economic Resources Corporation
TO PROMOTE ECONOMIC GROWTH AND INCREASED JOB OPPORTUNITY IN UNDER-SERVED COMMUNITIES BY SUPPORTING BUSINESS DEVELOPMENT, INVESTING IN COMMERCIAL AND INDUSTRIAL REAL ESTATE AND PROVIDING EMPLOYMENT OPPORTUNITIES.
Key facts about Economic Resources Corporation
- EIN
- 95-2546360
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $10,000
- Grants made (2025)
- 1
- Average grant
- $10,000
- Median grant
- $10,000
- Total assets
- $32,578,274
- Primary geography
- California (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Next steps with Economic Resources Corporation
- How to evaluate Economic Resources Corporation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Economic Resources Corporation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$32.6M
+20.1% YoY
Annual Giving
$10K
Grant Count
1
Avg Grant Size
$10K
About Economic Resources Corporation
Based on IRS filings
Economic Resources Corporation is a nonprofit organization, based in Lynwood, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $32.6M in total assets. In 2025, it awarded 1 grant totaling $10K. Net investment income was $524K.
Ready to take the next step with Economic Resources Corporation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $32,578,274 | $27,123,071 | $24,184,491 |
| Revenue | $7,498,996 | $5,551,976 | $4,551,713 |
| Expenses | $3,031,095 | $2,755,983 | $2,715,672 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $523,920 | $587,349 | $247,519 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Los Angeles Mission College Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LOS ANGELES MISSION COLLEGE FOUNDATION Sylmar, CA | STUDENT SCHOLARSHIPS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Samuel Hughes | President/CEO | 38 | $384,963 |
| Michael Nagin | Director | 1 | — |
| Tracey Mitchel-Lai | Director | 1 | — |
| Andrea Cohen Jackson | Director | 1 | — |
| Hoonie Kang | Director | 1 | — |
| Tori Fisk | Director | 1 | — |
| Carey Jenkins | Director | 1 | — |
| Jide Alade | Director | 1 | — |
| Charles McLurkin | Director | 1 | — |
| Christine Villegas | Director | 1 | — |
| Nancy H Ikegami | VP of Finance | 38 | $177,682 |
| Albert Carrol | Investment Manager | 38 | $173,296 |
Frequently Asked Questions
How large is Economic Resources Corporation?
As of 2025, Economic Resources Corporation holds $32.6M in total assets with $7.5M in annual revenue. It awarded 1 grant totaling $10K in 2025.
Where does Economic Resources Corporation operate?
Economic Resources Corporation has awarded grants in California.
What size grants does Economic Resources Corporation award?
In 2025, Economic Resources Corporation awarded 1 grant totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.
What is Economic Resources Corporation's EIN?
Economic Resources Corporation's EIN (Employer Identification Number) is 95-2546360. IRS Form 990 filing data is available on this page for 2019–2025.
Explore Open Grants
Browse active grant opportunities in Economic Resources Corporation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Silicon Valley Community Foundation
Mountain View, CA
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
California Community Foundation
Los Angeles, CA
Assets
$2.3B
Grants
2,174
Total Given
$326.6M
Tides Foundation
San Francisco, CA
Assets
$534.5M
Grants
2,110
Total Given
$382.1M
The William & Flora Hewlett Foundation
Menlo Park, CA
Assets
$14.2B
Grants
2,001
Total Given
$625.0M
Sempra Foundation
San Diego, CA
Assets
$11.5M
Grants
1,501
Total Given
$1.8M
Marin Community Foundation
Novato, CA
Assets
$1.3B
Grants
1,573
Total Given
$186.1M
Conrad N Hilton Foundation
Westlake Village, CA
Assets
$7.4B
Grants
1,339
Total Given
$287.7M
Chamberlin Education Foundation
Richmond, CA
Assets
$80.6M
Grants
1,302
Total Given
$3.0M
The San Diego Foundation
San Diego, CA
Assets
$1.7B
Grants
1,158
Total Given
$94.3M
The California Endowment
Los Angeles, CA
Assets
$4.5B
Grants
1,125
Total Given
$215.9M
Kaiser Foundation Hospitals
Oakland, CA
Assets
$87.4B
Grants
1,122
Total Given
$225.4M
Jewish Community Foundation of Los Angeles
Los Angeles, CA
Assets
$1.2B
Grants
1,063
Total Given
$142.2M
More Funders in California
Data last updated September 2026. Sourced from IRS Form 990-PF filings.