Economic Resources Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 952546360 ✦ Lynwood, CA ✦ Designated as a 501(c)(3)

Overview

What is Economic Resources Corp?

Economic Resources Corp is a nonprofit organization, though specific details about its location or the extent of its reach are unavailable in the given information. The primary focus of this organization seems to be related to economic resources, as indicated by the name and the description stating that the user has reached their limit for profile views. However, the specific activities or mission of Economic Resources Corp are not explicitly stated in the provided data. It's essential to note that due to the limited information, the summary is brief and lacks comprehensive details.


Official website here: www.economicresources.org

Is Economic Resources Corp legitimate?

Economic Resources Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Resources Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,780

For more financial information, click here


Official website here: www.economicresources.org

What is the mission statement of Economic Resources Corp?

The Economic Resources Corp does not provide a clear mission statement in the given information. However, it seems that the organization is limited in providing profile views for unregistered users, encouraging them to create a free account to access more profiles. This suggests that the corporation may focus on providing access to information or resources, possibly in the realm of business or professional networking. Without more specific details, it's challenging to provide a comprehensive mission statement.


Official website here: www.economicresources.org

Who is the CEO of Economic Resources Corp?

Samuel Hughes is the President/Ceo of Economic Resources Corp. The CEO's salary of Economic Resources Corp is $306,410 and their total compensation is $308,822.


Official website here: www.economicresources.org

What is the revenue of Economic Resources Corp?

Economic Resources Corp's revenue in 2022 was $7,644,583.


Official website here: www.economicresources.org

Who are the executives of Economic Resources Corp and what are their salaries?

The average compensation at Economic Resources Corp during 2022 was $18,397. There are 7 employees at Economic Resources Corp.

Here are 13 key members and their salaries (Economic Resources Corp's CEO's salary is $306,410 and their total compensation is $308,822):

    Samuel Hughes (President/Ceo) [Trustee/Director]
  • Compensation: $306,410
  • Related: $0
  • Other: $2,412

    • Nancy H Ikegami (Vp Of Finance)
  • Compensation: $177,548
  • Related: $0
  • Other: $6,294

    • Albert Carrol (Investment Manager)
  • Compensation: $180,240
  • Related: $0
  • Other: $0

    • Sierra Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Cohen-Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jide Alade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Tamkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neville L Rhone Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Nagin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracey Mitchel-Lai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hoonie Kang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tori Fisk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.economicresources.org

    Where can I find the form 990 for Economic Resources Corp?

    The Economic Resources Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.economicresources.org

    Learn more at the official website: www.economicresources.org

    Mission Statement of Economic Resources Corp

    Economic Resources Corp, as per the information provided, does not have a clear mission statement or description available. However, based on the limited information given, it seems that the organization operates with a focus on providing access to more profiles for its users. This suggests that Economic Resources Corp may be involved in some form of online networking or profile-based service, perhaps a professional or social networking platform. Without further information, it is challenging to provide a more detailed or in-depth summary of the organization's mission.

    Impact

    This information is meant to be a general summary of Economic Resources Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, July 21, 2024

    Economic Resources Corp is making a significant impact on community improvement in Lynwood, CA. Through their activities, they are dedicated to enhancing economic resources and opportunities for individuals and businesses in the area. Their work is focused on creating a more prosperous and sustainable future for the community they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $60,349
  • Program Service Revenue: $4,168,667
  • Gross Receipts: $7,644,583

    • Assets and Liabilities:
  • Total Assets: $22,040,266
  • Total Liabilities: $1,300,857
  • Net Assets: $20,739,409
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    BUSINESS PARK LEASE

    Revenue

    $4,009,619

    ERC BUS PARK ADMIN

    Revenue

    $159,048

    Organization Details

    Founding Year

    1968

    Principal Officer

    Samuel Hughes

    Main Address

    2600 INDUSTRY WAY, LYNWOOD, CA, 90262

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Economic Resources Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.