Empowering People & Revitalizing the Community
The Latin American Economic Development Association, Inc. (LAEDA) was incorporated in New Jersey in 1987 as a nonprofit, 501 (c) (3) tax-exempt corporation. The organization was established through the efforts of the National Puerto Rican Coalition along with local community and business leaders to create economic opportunities for minorities while facilitating the redevelopment of Camden City. LAEDA is a successfully governed and managed minority enterprise. LAEDA's mission is to promote economic development to include the economically disadvantaged, primarily minorities, in the Delaware Valley, primarily the City of Camden, New Jersey. LAEDA is governed by its Board of Directors. Daniel R. Montes serves as the Chairman of the Board. Currently LAEDA has nine Directors from various backgrounds, professions and expertises. This diverse Board is one of the most "hands on, roll up your sleeves and work" Boards you would ever come across.
Founded: December 31, 1987, as a 501(c)(3) organization Focus: Economic Development Location: 433 Market St. Suite 100, Camden, NJ Phone #: 856.338.1177 President & CEO: Raymond L. Lamboy Chairman of the Board: Daniel R. Montes
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