2024-06-06T11:00:23-00:00 2023-12-31 464678305 J Scott Woodward CPA MST PO Box 5417 Palm Springs CA 922635417 990 2023-01-01 270574694 EMERGING MARKETS DEVELOPMENT CORPORATION EMER 3234650406 PO BOX 5417 PALM SPRINGS CA 922635417 ELWOOD HOPKINS CEO 3234650406 2024-06-06 true ELWOOD HOPKINS XXX-XX-XXXX James S Woodward P01264456 3237911851 2024-06-06 X 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ELWOOD HOPKINS 8452 HAROLD WAY LOS ANGELES CA 90069 1165000 false X WWW.EMERGINGMARKETSINC.US X 2009 CA Builds the capacity of communities, via nonprofit networks, to partner with the private sector in economic development activities. 5 4 0 0 1165000 0 0 0 1165000 0 0 0 0 0 229326 419753 229326 419753 -229326 745247 27899 773146 0 27899 773146 Research and publish data on under-invested communities as opportunities for place-based initiatives. Facilitate private sector investment in underserved communities. Assists community organizations to partner with each other and the private sector for community development activities. Advance notions of place-based community economic development. false false 405213 1165000 Facilitating working relationships between nonprofit agencies and private sector businesses. Conducting research on specific neighborhoods and advocating for increased financial infrastructure in underserved communities. Drafting and publishing narratives about how the private sector can improve the economic tradjectory of low-income communities. 405213 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false true false true false true 1 0 true 0 false false false false false false false false false false false false false false X 5 4 true false false false false false false true true false false true true true false false false true true false CA X J SCOTT WOODWARD CPA MST 3237911851 1450 PACIFIC STREET REDLANDS CA 92373 ELWOOD HOPKINS CEO 003.00 025.00 X X X 0 128158 0 THOMAS TSENG DIRECTOR X X 0 0 0 DANIEL TELLALIAN FORMER 002.31 X X 0 0 0 JAN MCELWEE DIRECTOR 001.00 X 0 0 0 RAUL P LOMELI-AZOUBEL DIRECTOR 001.00 X 0 0 0 TROOPER SANDERS DIRECTOR X X 0 0 0 128158 1 true true false EMERGING MARKETS INC 9452 HAROLD WAY LOS ANGELES CA 90069 Grant fullfillment 100000 TH MCCLORY LLC 9 WILLIAMS ROAD LYNNFIELD MA 01940 Grant Fullfillment 110000 NEIGHBORHOOD INVESTMENT COMPANY INC 8605 SANTA MONICA BLVD WEST HOLLYWOOD CA 90069 Grant Fullfillment 168999 3 1165000 1165000 1165000 X 0 0 0 0 0 0 0 0 0 0 0 0 14500 14500 0 0 378999 378999 0 0 0 0 0 26214 26214 0 0 0 0 0 0 BANK CHARGES 40 40 0 419753 405213 14540 0 27899 773146 27899 773146 0 0 X 27899 90358 682788 27899 773146 27899 773146 745247 X false false false X 275000 100000 100000 1165000 1640000 275000 100000 100000 1165000 1640000 1640000 1640000 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false THOMAS TSENG DIRECTOR ELWOOD HOPKINS CEO 128158 128158 DANIEL TELLALIAN FORMER TROOPER SANDERS DIRECTOR Form 990, Part IX, Section A, Line 11g Outside Services Provided by Third Party Contractors for the Fullfillment of Terms of Grants to the Public by Related Third Parties Emerging Markets Inc. 100,000 Unrelated Third Parties 278,999. Total Outside Services 378,999 Form 990, Part VI, Section A, Line 2 Business or Family Relationships of Officers, Directors, Etc. The CEO of Emerging Markets Development Corporation is the CEO and Owner of Emerging Markets, Inc Form 990, Part VI, Section B, Line 11 Form 990 Review Process A draft copy of the form 990 is emailed to the board CEO for review and approval prior to the issuance of the final return Form 990, Part VI, Section C, Line 19 Other Organization Documents Publically Available Governing Documents are available upon written request Emerging Markets Inc 8452 Harold Way Los Angeles CA 90069 820541873 Consulting CA N/A S Corp false false false false false false false false false false false false false true false false true false false false EMERGING MARKETS INC m 100000 FMV Services Performed