Overview
What is Vermont Slauson Economic Development Corporation?
Vermont Slauson Economic Development Corporation is a nonprofit organization dedicated to promoting both business and residential growth in its community. They achieve this goal by offering resources to minority-owned businesses through their Business Enterprise Center. This center provides valuable seminars, workshops, and one-on-one consultations to help these businesses thrive. Additionally, the MTA program offers technical support services to small and micro-businesses participating in the Crenshaw LAX transit project. This comprehensive approach aims to bolster the local economy and contribute to the overall development of the community.
Is Vermont Slauson Economic Development Corporation legitimate?
Vermont Slauson Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Vermont Slauson Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $244,823
Professional Fundraising Fees: $0
Other Salaries and Wages: $711,567
For more financial information, click here
What is the mission statement of Vermont Slauson Economic Development Corporation?
The Vermont Slauson Economic Development Corporation is dedicated to promoting both business and residential development. They achieve this by offering resources to minority-owned businesses through their Business Enterprise Center, which includes seminars, workshops, and one-on-one consultations. Additionally, their MTA program provides technical business support services to small and micro-businesses along the Crenshaw LAX transit project. Overall, the organization's mission is to foster growth and development in the business community, particularly for minority-owned enterprises.
Who is the CEO of Vermont Slauson Economic Development Corporation?
Quentin D Strode is the CEO of Vermont Slauson Economic Development Corporation The CEO's salary of Vermont Slauson Economic Development Corporation is $130,708 and their total compensation is $143,455.
What is the revenue of Vermont Slauson Economic Development Corporation?
Vermont Slauson Economic Development Corporation's revenue in 2024 was $1,668,564.
Who are the executives of Vermont Slauson Economic Development Corporation and what are their salaries?
The average compensation at Vermont Slauson Economic Development Corporation during 2024 was $21,736. There are 44 employees and 18 volunteers at Vermont Slauson Economic Development Corporation.
Here are 15 key members and their salaries (Vermont Slauson Economic Development Corporation's CEO's salary is $130,708 and their total compensation is $143,455):
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- Compensation: $142,179
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- Other: $18,679
- Compensation: $129,725
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Where can I find the form 990 for Vermont Slauson Economic Development Corporation?
Vermont Slauson Economic Development Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Vermont Slauson Economic Development Corporation
Vermont Slauson Economic Development Corporation, as an organization, is committed to promoting business and residential development. They achieve this mission by providing resources to minority-owned businesses through their Business Enterprise Center. This center offers a variety of educational opportunities, including seminars, workshops, and individual consultations, aimed at helping these businesses grow and thrive. Furthermore, the corporation has an initiative called the MTA program, which specifically supports small and micro-businesses along the Crenshaw LAX transit project. The MTA program offers technical business support services, providing these companies with the tools and resources they need to succeed in their respective industries.
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Impact
October, 2024
Vermont Slauson Economic Development Corporation significantly impacts the Los Angeles community through its dedicated focus on fostering both business and residential development. By providing access to valuable resources tailored specifically for minority-owned businesses, the organization enhances economic opportunities in the region. Its Business Enterprise Center plays a crucial role by offering seminars, workshops, and individual consultations, equipping entrepreneurs with the knowledge and skills needed to thrive.
Furthermore, the organization supports small and micro-businesses, particularly those along the Crenshaw LAX transit project, through its MTA program. This initiative offers technical business support services, ensuring that these businesses are well-prepared to succeed alongside significant infrastructural developments. Overall, Vermont Slauson Economic Development Corporation is instrumental in driving community improvement and empowering local entrepreneurs to build sustainable businesses and vibrant neighborhoods.
This information is meant to be a general summary of Vermont Slauson Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $55,854
- Program Service Revenue: $1,491,846
- Gross Receipts: $2,166,556
Assets and Liabilities:
- Total Assets: $16,120,809
- Total Liabilities: $1,462,871
- Net Assets: $14,657,938
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VSRC LLC
Revenue
$1,404,351
RENTAL INCOME
Revenue
$87,495
Organization Details
Founding Year
1978
Principal Officer
Joseph Rouzan Iii
NTEE Category
Code: S31 - Community improvement
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