EIN 51-0171851

East Bay Asian Local Development Corporation (EBALDC)

IRS 501(c) type
501(c)(3)
Num. employees
197
Year formed
1975
Most recent tax filings
2022-12-01
Description
The East Bay Asian Local Development Corporation (EBALDC) builds and operates residential properties in the East Bay for families and individuals in need of affordable, high quality homes.
Total revenues
$19,655,670
2022
Total expenses
$24,020,544
2022
Total assets
$136,452,614
2022
Num. employees
197
2022

Program areas at EBALDC

We are proud to be oakland rooted and oakland grown. When we began in 1975, we grew out of community activism taking place to address the displacement and disruption threatening oakland's chinatown at that time. We help strengthen our community fabric so people can connect with each other and grow together. We partner with residents and Local leaders to co-create neighborhood solutions so everyone plays a role in shaping our future. We also preserve housing that is currently affordable and stabilize existing rents to prevent large rent increases so that residents can remain in their homes. To date, we have preserved 257 units of affordable housing, developed over 2,200 units of affordable housing in oakland and across the East Bay, and served more than 6,000 people annually through comprehensive services for low-income households and individuals.

Who funds East Bay Asian Local Development Corporation (EBALDC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NeighborWorks AmericaGeneral Support$771,000
JP Morgan Chase FoundationIn Support of Neighborhood Revitalization$585,000
United Way Bay AreaProgram Grant$355,000
...and 16 more grants received

Personnel at EBALDC

NameTitleCompensation
Lina ShethInterim Chief Executive Officer
Karim SultanChief Operating Officer$196,259
Amy ChanChief Financial Officer$53,747
Elle FersanExecutive Vice President , Property Operations$183,556
Ener ChiuExecutive Vice President , Community Building$157,392
...and 19 more key personnel

Financials for EBALDC

RevenuesFYE 12/2022
Total grants, contributions, etc.$7,037,283
Program services$11,034,219
Investment income and dividends$961,712
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$349,970
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$272,486
Total revenues$19,655,670

Form 990s for EBALDC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-12990View PDF
2021-122022-11-13990View PDF
2020-122021-11-15990View PDF
2019-122021-02-26990View PDF
2018-122020-02-10990View PDF
...and 9 more Form 990s
Data update history
August 26, 2024
Received grants
Identified 3 new grant, including a grant for $355,000 from United Way Bay Area
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $46,881 from American Online Giving Foundation
January 1, 2024
Received grants
Identified 7 new grant, including a grant for $585,000 from JP Morgan Chase Foundation
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Fundraising eventsReceives government fundingManagement and technical assistanceCommunity engagement / volunteeringGala fundraisersTax deductible donationsFiscal sponsorAccepts online donations
General information
Address
1825 San Pablo Ave No 200
Oakland, CA 94612
Metro area
San Francisco-Oakland-Berkeley, CA
County
Alameda County, CA
Website URL
ebaldc.org/ 
Phone
(510) 287-5353
Facebook page
EBALDC 
Twitter profile
@ebaldc 
IRS details
EIN
51-0171851
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
016841
FTB Entity ID
0731264
AB 488 data last updated ("as-of") date
2024-11-06
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