Overview
What is Vermont Slauson Ldc Inc?
Vermont Slauson LDC Inc is a nonprofit organization committed to fostering economic growth within its local community, primarily in Los Angeles. They accomplish this mission by offering tailored business assistance programs and financing options to small enterprises, all under the auspices of a contract with the City. Their goal is to promote sustainable and thriving local businesses, thereby contributing to the overall economic development of the area.
Is Vermont Slauson Ldc Inc legitimate?
Vermont Slauson Ldc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Slauson Ldc Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,596,644
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What is the mission statement of Vermont Slauson Ldc Inc?
Vermont Slauson LDC, as an organization, focuses on promoting the economic development of its local community. They achieve this by offering business assistance programs and providing lending opportunities to small businesses, all under the agreement with the City. This initiative aims to bolster the local economy and support entrepreneurial growth within the community.
What is the revenue of Vermont Slauson Ldc Inc?
Vermont Slauson Ldc Inc's revenue in 2023 was $3,532,388.
Who are the executives of Vermont Slauson Ldc Inc and what are their salaries?
There 6 volunteers at Vermont Slauson Ldc Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Vermont Slauson Ldc Inc?
Vermont Slauson Ldc Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Vermont Slauson Ldc Inc
Vermont Slauson LDC, a community-focused organization, is dedicated to fostering economic growth within its local area. This nonprofit achieves this mission by offering business assistance programs and lending opportunities to small enterprises in Los Angeles, operating under a contract with the city. By providing these resources, Vermont Slauson LDC aims to stimulate economic development and empower local businesses, ultimately contributing to the overall prosperity of the community.
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Impact
October, 2024
Vermont Slauson LDC Inc significantly impacts the local community in Los Angeles by fostering economic development. By providing business assistance programs and lending opportunities specifically tailored for small businesses, the organization plays a crucial role in enhancing the economic landscape of the area. These initiatives support entrepreneurs, create jobs, and promote sustainable growth, thereby contributing to the overall improvement of the community. Through its efforts, Vermont Slauson LDC helps empower local businesses, ensuring that they have the resources and support necessary to thrive in a competitive market. This commitment to community improvement helps cultivate a robust economic environment that benefits all residents of Los Angeles.
This information is meant to be a general summary of Vermont Slauson Ldc Inc. 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 2023.
- Investment Income: $32,310
- Program Service Revenue: $94,311
- Gross Receipts: $3,730,885
Assets and Liabilities:
- Total Assets: $3,184,451
- Total Liabilities: $701,107
- Net Assets: $2,483,344
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REVOLVING LOAN INTERES
Revenue
$63,029
FEES AND COMMISSIONS
Revenue
$31,282
Organization Details
Founding Year
1981
Principal Officer
Quentin Strode
NTEE Category
Code: S31 - Community improvement
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