Nonprofit · EIN 95-4505619
GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC
Tax-exempt (reinstated) · CARSON, CA 90746
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $241,514 | $197,066 | $44,448 | $1,900,404 | $998,452 | $901,952 |
| December 31, 2024 | 990 | $158,826 | $421,203 | -$262,377 | $1,859,498 | $1,001,994 | $857,504 |
| December 31, 2023 | 990 | $254,385 | $253,324 | $1,061 | $2,125,417 | $1,005,536 | $1,119,881 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $241,514
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $185,129
- Management and general (functional)
- $11,937
Balance sheet and other
- Total assets, start of year
- $1,859,498
- Total assets, end of year
- $1,900,404
- Total liabilities, end of year
- $998,452
- Net assets, end of year
- $901,952
- Land, buildings and equipment
- $1,762,988
- Gross receipts
- $241,514
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1992
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Sean Gaston | President Trustee or director, Officer | 0 | $0 |
| Rochelle Edmondson | Treasurer Trustee or director, Officer | 0 | $0 |
| Lee Webster | Secretary Trustee or director, Officer | 0 | $0 |
| Chris Jordan | Executive Director Trustee or director, Officer | 0 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Sean Gaston | President Trustee or director, Officer | 0 | $0 |
| Rochelle Edmondson | Treasurer Trustee or director, Officer | 0 | $0 |
| Lee Webster | Secretary Trustee or director, Officer | 0 | $0 |
| Chris Jordan | Executive Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Sean Gaston | President Trustee or director, Officer | 0 | $0 |
| Rochelle Edmondson | Treasurer Trustee or director, Officer | 0 | $0 |
| Lee Webster | Secretary Trustee or director, Officer | 0 | $0 |
| Chris Jordan | Executive Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 956 E GLADWICK ST, CARSON, CA 90746-3831
- In care of
- % SEAN GASTON
- Principal officer (990 for 2025)
- Sean Gaston, 956 E GLADWICK ST, CARSON, CA 90746
- Signed the 990
- Lee Webster, Secretary
- Phone
- (562) 879-0419
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4505619 or by the name GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
GHEDC seeks to improve the socio-economic condition of residents through education low-income housing and economic development in depressed areas such as south Los Angeles Watts.
Program accomplishments
- GHEDC provides a weekly food program that distributes groceries to the community. We also provide self-help seminars and workshops such as healthy living seminars featuring topics such as Dealing with Diabetes Managing Hypertension and other subjects. Additionally we provide healthy living cooking and food preparation workshops for the community. Computer training and school work assistance is offered four days a week through our after-school tutoring program.Expenses $101,608 · revenue $113,022
- GHEDC has been responsible for the community awareness and input component of several infrastructure and beautification projects in the area. As an example we were responsible to organize and conduct community planning and visioneering sessions for the development of a major street in south Los Angeles under the authority of the Community Redevelopment Agency of the City of Los Angeles. We seek to connect the community with environmental health and resource concerns through educational seminars training and outreach efforts to promote greening projects.revenue $10,406
- GHEDC constructed and maintains 92 units of multi-family housing for low-income residents in south Los Angeles. We have an additional 10 units where we offer a fresh start to families transitioning from homelessness and others with low-income housing needs.Expenses $83,521 · revenue $118,086
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 95-4505619
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $1,900,404
- Income (IRS master file)
- $241,514
Revocation and reinstatement
- Exemption revoked
- December 15, 2010
- Posted by the IRS
- August 3, 2011
- Reinstated
- Effective September 15, 2011
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $241,514 | $197,066 | $1,900,404 | IRS |
| 990 | December 2024 | $158,826 | $421,203 | $1,859,498 | IRS |
| 990 | December 2023 | $254,385 | $253,324 | $2,125,417 | XML |
| 990 | December 2022 | $185,876 | $145,516 | $2,127,898 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 95-4505619).
Questions about GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC
- What is the EIN of GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC?
- The employer identification number (EIN) of GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC is 95-4505619.
- Is GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC tax-exempt?
- Yes. The IRS revoked its exemption on December 15, 2010 and reinstated it effective September 15, 2011.
- Are donations to GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC?
- The 990 for the year ended December 31, 2025 names Sean Gaston.
- Who are the officers and directors of GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $241,514, expenses of $197,066 and total assets of $1,900,404 at year end.
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All nonprofits in CARSON · California · Community improvement and capacity building