Creating Economic Opportunity
Economic Resources Corporation
Economic Resources Corporation (ERC) is a 501( c ) (3) nonprofit organization incorporated business that serves the public interest. While our mission guides our agenda to provide a public benefit to underserved communities, our operations are governed by sound business management principles and values. Our corporate culture is based on a sense of community, consistent goals, effective collaboration, and organization commitment.
ERC facilitates real estate development to attract manufacturing and commercial investment to underserved communities. We view such communities as viable markets with competitive advantages that can support market-driven development. As a nonprofit entrepreneur, our business ventures emerge directly from our mission, the programs we have already perfected, and the assets we have developed in the process. In that context, we employ strategies to create jobs and build healthy communities.
ERC is managed by its Board of Directors who set policy and direction. Board members are prominent leaders of the business and professional community of Los Angeles. Collectively they offer many years of expertise and ensure that ERC meets the needs of the communities it serves.
Board of Directors
President and CEO
Allan L. Alexander, ESQ
Attorney-at-Law, Private Practice
Head of Finance, Biscuit Filmworks
Director of Development, University of Rochester, N.Y.
Executive Director of Real Estate, J.P. Morgan
Neville L. Rhone, JR.
Managing Partner, Arc Capital Partners LLC
Terrence J. Roberts, Ph.D.
Clinical Psychologist, Private Practice
J. Stanley Sanders, ESQ
Attorney-At-Law, Private Practice
Sierra C. Smith
Executive Director, Open Paths
President, Tamkin Development Corporation
Partner, Kearny Real Estate
President and CEO
(310) 537-4610 ext. 223
(310) 537-4610 ext. 220
Nancy H. Ikegami
Vice President of Finance and Administration
(310) 537-4610 ext. 238
Albert V. Carrol
Vice President, Real Estate
(310) 537-4610 ext. 233
Gerald Phillips II
(310) 537-4610 ext. 218