Latino Economic Development Corporation
To develop and support latino businesses in Massachusetts; to promote and support the economic, civic and socialwelfare of the latino community in Massachusetts; to promote and support economic growth business developmentin the latino community in Massachusetts; to engage in any other civic, educational, charitable or benevolentactivity permitted under the provisions of chapter 180 of the general law of the commonwealth.
Latino Economic Development Corporation at a glance
In short: Latino Economic Development Corporation gave $24K across 4 grants in 2025 (avg $6K), mostly in Massachusetts. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $24,000
- Grants made (2025)
- 4
- Average grant
- $6,000
- Median grant
- $6,000
- Total assets
- $636,488
- +39.9% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Latino Economic Development Corporation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was A1 Priority Towing & Service LLC ($6K). Together the top 4 received $24K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 4 grants totaling $24K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| A1 Priority Towing & Service LLC Springfield, MA | Business Support/Operations Support | $6,000 |
| Bella Luna Aesthetics and Wellness LLC Springfield, MA | Business Support/Operations Support | $6,000 |
| Rozki Rides LLC Springfield, MA | Business Support/Operations Support | $6,000 |
| Sweetera & CO Springfield, MA | Business Support/Operations Support | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2025 | $636,488 | $825,230 | $849,602 | $24,000 | 4 |
| 2024 | $455,053 | $427,217 | $473,942 | — | — |
| 2023 | — | $2,510 | $252,389 | — | — |
| 2022 | — | $175,000 | $10,747 | — | — |
About Latino Economic Development Corporation
Based on IRS filings
Latino Economic Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Springfield, MA. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $636K in total assets. In 2025, it awarded 4 grants totaling $24K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Latino Economic Development Corporation is led by Daniel Knapik, Chairman & President since 2025 (on filings since 2022); none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Daniel Knapik
Chairman & President
Clerk → President, 2024
President → Chairman & President, 2025
On filings since 2022
1 hr/week
No compensation reported
Norman Roldan
President
Director → President, 2025
On filings since 2022
1 hr/week
No compensation reported
Lydia Martinez
Director
Director → Current President, 2024
Current President → Director, 2025
On filings since 2022
1 hr/week
No compensation reported
Jorge Colon
Director
On filings since 2024
1 hr/week
No compensation reported
Jose Claudio
Treasurer
Director → Clerk, 2024
Clerk → Treasurer, 2025
On filings since 2022
1 hr/week
No compensation reported
Beth Chague
Treasurer
On filings since 2024
1 hr/week
No compensation reported
Joesiah Gonzalez
Clerk
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: Heriberto Flores (2022–2023) — Chairman & President
- Former: John Motto (2022–2023) — Treasurer
- Former: Andrew Hyrniewicz (2023) — Treasurer
Data from IRS Form 990 filings, 2022–2025. "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 Economic Development Corporation
How much does Latino Economic Development Corporation give each year?
Latino Economic Development Corporation gave $24K across 4 grants in 2025, according to its 2025 IRS Form 990.
What is Latino Economic Development Corporation's typical grant size?
Latino Economic Development Corporation's median grant in 2025 was $6,000, and its average grant was $6,000, across 4 grants on its 2025 IRS Form 990.
Where does Latino Economic Development Corporation give grants?
Latino Economic Development Corporation gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Springfield, MA (4 grants).
Does Latino Economic Development Corporation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Latino Economic Development Corporation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Business Support/Operations Support" (4 grants).
How large is Latino Economic Development Corporation?
Latino Economic Development Corporation reported $636K in total assets on its 2025 IRS Form 990. Its revenue that year was $825K.
What is Latino Economic Development Corporation?
Latino Economic Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Springfield, MA. It holds $636K in total assets as of 2025.
What is Latino Economic Development Corporation's EIN?
Latino Economic Development Corporation's EIN (Employer Identification Number) is 88-1698006. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-EZ for fiscal year 2022 (received by the IRS May 14, 2024)
- Updated Form 990-EZ for fiscal year 2023 (received by the IRS May 14, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
Live grants for the work Latino Economic Development Corporation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
- Leveling-Up Award $1,000 · Due October 25, 2026
- Arnold F. Keller, Jr. Grant for New Initiatives/Program Expansion $25,000 · Due October 27, 2026
- Wausau Marathon County Impact Grants (Community Foundation of North Central Wisconsin) $1,000 to $100,000 depending on the scope of the project · Due October 27, 2026
Explore Open Grants
Browse active grant opportunities in Latino Economic Development Corporation's focus areas in our free grants database
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Figures come from Latino Economic Development Corporation'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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