Latino Community Development Center

Public charity · Grantmaker Durham, NC EIN: 82-0551614

Latino Community Development Center promotes financial literacy, access to financial services, and economic development primarily for the low and moderate income population in North Carolina.

Latino Community Development Center at a glance

In short: Latino Community Development Center gave $5.0M across 1 grant in 2024 (avg $5.0M), mostly in North Carolina. Source: 2024 IRS Form 990.

Annual giving (2024)
$5,000,000
+7929.2% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$5,000,000
+7929.2% vs 2023
Median grant
$5,000,000
Total assets
$61,956,392
+3399.2% vs 2023
Primary geography
North Carolina (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

How to apply to Latino Community Development Center

Who Latino Community Development Center funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Latino Community Credit Union: $5.0MLatino Community Credit Union$5.0M

The largest 2024 recipient was Latino Community Credit Union ($5.0M).

Grant Size Distribution

9 grants across all recorded years

6<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M2$5M+

The most common grant size was under $50K: 6 grants of 9 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

Cities

Durham

How Latino Community Development Center gives

  • Giving grew 3025% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M1 grant2020 4 grants2021 2 grants2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $59K (2022) to $10.4M (2020). In 2024 it made 1 grant totaling $5.0M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Latino Community Credit Union Durham, NCOperational Improvements to Increase Access to Financial Services$5,000,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$61,956,392$65,268,055$5,232,337$5,000,0001$62,408
2023$1,770,589$326,943$216,467$62,2731$25,383
2022$2,307,671$277,181$927,874$58,8522$4,726
2021$2,559,428$1,649,036$478,385$160,0004$3,380
2020$1,120,929$10,502,090$10,439,342$10,402,0681$7,423

About Latino Community Development Center

Based on IRS filings

Latino Community Development Center is a public charity focused on Human Services, based in Durham, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $62.0M in total assets. In 2024, it awarded 1 grant totaling $5.0M. Net investment income was $62K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Latino Community Development Center is led by Maria Victoria Garcia, CEO since 2024 (on filings since 2023); none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Maria Victoria Garcia

    CEO

    Executive Director → CEO, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • John Herrera

    Chair

    On filings since 2020

    1 hr/week

    No compensation reported

  • Erika Bell

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Maria Scanga

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Rodrigo Iniguez

    CFO

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (4)
  • Former: Alejandro Lutz Left Aug (2023) — Secretary
  • Former: Luis Pastor Left Jan (2023) — Executive Director & Treasurer
  • Former: Alejandro Lutz (2020–2022) — Secretary
  • Former: Luis Pastor (2020–2022) — Executive Director & Treasurer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Latino Community Development Center

How much does Latino Community Development Center give each year?

Latino Community Development Center gave $5.0M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $62K across 1 grant.

How large is Latino Community Development Center?

Latino Community Development Center reported $62.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $65.3M.

What is Latino Community Development Center?

Latino Community Development Center is a public charity focused on Human Services, based in Durham, NC. It holds $62.0M in total assets as of 2024.

Where does Latino Community Development Center operate?

Latino Community Development Center has awarded grants in North Carolina.

What is Latino Community Development Center's EIN?

Latino Community Development Center's EIN (Employer Identification Number) is 82-0551614. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 7, 2021)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
  5. IRS filings on file for fiscal years 2020–2024

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Funders with grantees in common, and similar funders in North Carolina

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Public, Societal Benefit

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Health

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Mary Reynolds Babcock Foundation

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The foundation funds nonprofits serving the South that work to reduce poverty and advance social and economic justice, with an emphasis on civic engagement, community power, and racial equity. Its 2024 grants ranged from $15,000 to $1.25 million, with a median of $202,500, and it favors the southeastern United States. It accepts organizational summaries year-round and may invite selected organizations to submit a full proposal.

Assets

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Total Given

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Latino Community Development Center'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.

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