2024-07-05T16:52:52-07:00 2022-12-31 990 2022-01-01 383201091 VANGUARD COMMUNITY DEVELOPMENT CORPORATION VANG 3138727831 2795 E Grand Blvd Detroit MI 48211 Everett Stone CFO 7348129882 2024-07-05 Everett Stone 999009999 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Pamela Martin Turner 2795 E Grand Blvd Detroit MI 48211 948676 0 X www.vanguarddetroit.org X 1994 MI Vanguard's mission in Detroit's Historic North End is to cultivate a vibrant and healthy community where people live, work, and play. Our core values are Economic Equity and Racial Equity. 9 9 8 0 0 0 0 817208 1174730 0 0 0 124573 131468 1299303 948676 0 0 0 0 785327 859559 0 0 0 566364 603673 1351691 1463232 -52388 -514556 3490400 3249933 606577 597444 2883823 2652489 Vanguard's mission in Detroit's Historic North End is to cultivate a vibrant and healthy community where people live, work, and play. Our core values are Economic Equity and Racial Equity. 0 0 265902 0 0 Vanguard has built 236 affordable homes including 206 in Detroit's Historic North End and 48 for Seniors. These homes were developed to provide much needed housing for people with low to moderate economic means to ensure that these homes are clean, safe and attractive. Vanguard CDC, Avanath, RMC Development and Tekton have joined together for the sole purpose of developing North End Landing as market rate, affordable and senior housing in the Smith Street/Delores Bennett Park area of the Historic North End. 636562 636562 Vanguard's Community Engagement Program is designed to organize community residents and stakeholders. We serve as an information clearing house and education to optimize community engagement in a rapidly changing neighborhood. We organize residents to create change. The purpose is to transmit critically needed information so that residents will be actively engaged in redeveloping their neighborhood as well as making good strategic decisions about such. Included in this activity beginning in 2021, Vanguard has started the beautification of East Grand Boulevard from Woodward Ave to I-75. This project will last three (3) years. It will include art, placemaking, storytelling about the Historic area, clean and safe activities, festivals and more. 369890 0 0 Vanguard operates a comprehensive economic development program which is centered on the North End commercial district including Milwaukee Junction. Vanguard implements proven economic development strategies and provides technical assistance to district businesses, residents, and stakeholders. Vanguard serves as the North End/Milwaukee Junction Commercial District Manager. As such, we provide a full array of services that the community identified as essential. These include: commercial district branding and promotion, building and staffing the district business association, expanding and developing workforce development opportunities, supporting district businesses, creating a stronger sense of place through physical development, leveraging resources, creating green space, preserving and elevating the district's rich, unique, African-American history and ensuring economic equity and racial justice in all district development. 0 0 0 1272354 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 1 0 0 0 X Everett Stone 7348129882 2795 E Grand Blvd Detroit MI 48211 Pamela Martin Turner President and CEO 50 0 X X X 168600 0 0 Everett Stone SVP and CFO 55 0 X 140599 0 0 Sonya Delley Director 2 0 X 0 0 0 George Eason Director 1 X 0 0 0 Adam Hollier Director 1 0 X 0 0 0 Terrence Wheeler Director 2 0 X 0 0 0 Etta Garth Director 4 X 0 0 0 Edgar Vann III Founder 2 0 X 0 0 0 Shawney DeBerry Treasurer 3 0 X 0 0 0 Beatrice Taylor Secretary 2 0 X 0 0 0 Leslie Andrews Board Chair 2 0 X 0 0 0 309199 0 0 3 0 1 0 0 0 0 5000 0 0 812208 0 817208 0 131468 0 0 0 131468 0 131468 131468 0 0 0 0 0 0 948676 131468 0 0 X 431200 375575 55625 186651 162573 24078 134603 117239 17364 58247 50733 7514 48858 42555 6303 1250 1089 161 47770 41608 6162 104691 92182 12509 2310 2012 298 15415 13426 1989 26273 22884 3389 105687 92053 13634 28444 24775 3669 Bad debt 30000 0 30000 Dues and Subscriptions 4910 4277 633 Miscellaneous 3200 2795 405 233723 226578 7145 1463232 1272354 190878 0 601026 27425 154545 170442 47869 53128 53911 34731 468887 29310 21089 3140033 854741 2474891 2285292 126872 190915 3490400 3249933 126248 141824 2500 8707 7902 469122 447718 606577 597444 X 2176502 2252751 707321 399738 2883823 2652489 3490400 3249933 X -514556 0 0 0 -21866 305088 X 0 1 1 0 X 705939 750928 742310 1174730 811302 4185209 705939 750928 742310 1174730 811302 4185209 4185209 93000 103080 125838 124574 137374 583866 4769075 0.87757 0.86936 X 0 0 178439 20000 198439 160000 80000 52364 187636 2529726 0 662432 1867294 171868 0 139945 31923 0 0 0 0 2285292 Predevelopment Costs 185258 Deposits 5657 190915 948676 0 0 0 0 0 948676 0 0 0 948676 1463232 0 0 0 0 0 1463232 0 0 0 1463232 0 0 0 0 0 0 0 0 0 Pamela Martin Turner President and CEO 168600 0 0 0 0 0 0 0 0 0 168600 0 0 0 Everett Stone SVP and CFO 140599 0 0 0 0 0 0 0 0 0 140599 0 0 Form 990, Part VI, Section B, Line 11b Form 990 is reviewed by CEO/President. Form 990, Part VI, Section C, Line 19 All policies and procedures are available upon request. Form 990, Part IX, Line 24e Expenses represents Professional fees related to East Grand Blvd Streetscape Project( $108955 program and $7,145 Gen management) and Community Outreach expenses( $117,623) representing services provided to the Historic North End Detroit Service area. Form 990, Part XI, Line 9 Represents release of donor restricted funds. Vanguard has to hire an accountant. Because of this deficiency, the tax return was delinquent.