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

  • Sam Hughes

    President and CEO

  • Tracey Mitchel-Lai

    Head of Finance, Biscuit Filmworks

  • Kyle Davis

    Director of Development, University of Rochester, N.Y.

  • Michael Nagin

    Board Chair

    Executive Director of Real Estate, J.P. Morgan

  • Neville L. Rhone, JR.

    Managing Partner, Arc Capital Partners LLC

  • Sierra C. Smith

    Executive Director, Open Paths

  • Jeffrey Tamkin

    President, Tamkin Development Corporation

  • Andrea Cohen-Jackson, ESQ

    Partner, Freidman & Associates

  • Jide Alade

    Real Estate Developer

  • Hoonie Kang

    Partner, Kearny Real Estate