Civic Intelligence

Vanguard Community Development Corporation

EIN 38-3201091 • 501(c)3 • Detroit, MI

Profile

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.

2795 E Grand BlvdDetroit, MI 48211

www.vanguarddetroit.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.17x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.27x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

84th percentile

38%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

86th percentile

$170,650

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

61st percentile

7.6%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

82nd percentile

46%

Faster revenue growth than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,019,857

Up $282,820 (+7.6%) from 2023

Liabilities

Up

$678,391

Up $150,727 (+29%) from 2023

Net Assets

Up

$3,341,466

Up $132,093 (+4.1%) from 2023

Revenue

Up

$2,511,726

Up $787,162 (+46%) from 2023

Expenses

Down

$1,566,096

Down $479,448 (-23%) from 2023

Net Income

Up

$945,630

Up $1,266,610 (+395%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $1,582,204Liabilities 2011: $330,628Net Assets 2011: $1,251,5762011Assets 2012: $1,582,204Liabilities 2012: $330,628Net Assets 2012: $1,251,5762012Assets 2013: $893,291Liabilities 2013: $318,478Net Assets 2013: $574,8132013Assets 2014: $700,184Liabilities 2014: $432,868Net Assets 2014: $267,3162014Assets 2015: $1,408,498Liabilities 2015: $263,773Net Assets 2015: $1,144,7252015Assets 2016: $3,178,048Liabilities 2016: $819,309Net Assets 2016: $2,358,7392016Assets 2017: $2,917,908Liabilities 2017: $857,142Net Assets 2017: $2,060,7662017Assets 2018: $2,876,681Liabilities 2018: $718,691Net Assets 2018: $2,157,9902018Assets 2019: $2,915,843Liabilities 2019: $698,986Net Assets 2019: $2,216,8572019Assets 2020: $3,562,175Liabilities 2020: $678,129Net Assets 2020: $2,884,0462020Assets 2021: $3,490,400Liabilities 2021: $606,577Net Assets 2021: $2,883,8232021Assets 2022: $3,249,933Liabilities 2022: $597,444Net Assets 2022: $2,652,4892022Assets 2023: $3,737,037Liabilities 2023: $527,664Net Assets 2023: $3,209,3732023Assets 2024: $4,019,857Liabilities 2024: $678,391Net Assets 2024: $3,341,4662024

Highlighted filing

2024

Assets$4,019,857
Liabilities$678,391
Net Assets$3,341,466

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,654,051Expenses 2011: $1,791,238Net Income 2011: $862,8132011Revenue 2012: $1,855,728Expenses 2012: $1,801,691Net Income 2012: $54,0372012Revenue 2013: $966,487Expenses 2013: $966,756Net Income 2013: -$2692013Revenue 2014: $449,753Expenses 2014: $607,250Net Income 2014: -$157,4972014Revenue 2015: $1,208,723Expenses 2015: $331,314Net Income 2015: $877,4092015Revenue 2016: $2,233,613Expenses 2016: $737,023Net Income 2016: $1,496,5902016Revenue 2017: $484,752Expenses 2017: $752,336Net Income 2017: -$267,5842017Revenue 2018: $815,016Expenses 2018: $721,812Net Income 2018: $93,2042018Revenue 2019: $931,168Expenses 2019: $872,301Net Income 2019: $58,8672019Revenue 2020: $1,223,113Expenses 2020: $992,330Net Income 2020: $230,7832020Revenue 2021: $1,299,303Expenses 2021: $1,351,691Net Income 2021: -$52,3882021Revenue 2022: $948,676Expenses 2022: $1,463,232Net Income 2022: -$514,5562022Revenue 2023: $1,724,564Expenses 2023: $2,045,544Net Income 2023: -$320,9802023Revenue 2024: $2,511,726Expenses 2024: $1,566,096Net Income 2024: $945,6302024

Highlighted filing

2024

Revenue$2,511,726
Expenses$1,566,096
Net Income$945,630

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.02$0.68$3.34$2.51$1.57$0.95
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.74$0.53$3.21$1.72$2.05$0.32
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$0.60$2.65$0.95$1.46$0.51
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.49$0.61$2.88$1.30$1.35$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.56$0.68$2.88$1.22$0.99$0.23
2019Summary only. Only limited summary data is available for this year.$2.92$0.70$2.22$0.93$0.87$0.06
2018Summary only. Only limited summary data is available for this year.$2.88$0.72$2.16$0.82$0.72$0.09
2017Summary only. Only limited summary data is available for this year.$2.92$0.86$2.06$0.48$0.75$0.27
2016Summary only. Only limited summary data is available for this year.$3.18$0.82$2.36$2.23$0.74$1.50
2015Summary only. Only limited summary data is available for this year.$1.41$0.26$1.14$1.21$0.33$0.88
2014Summary only. Only limited summary data is available for this year.$0.70$0.43$0.27$0.45$0.61$0.16
2013Summary only. Only limited summary data is available for this year.$0.89$0.32$0.57$0.97$0.97$0.00
2012Summary only. Only limited summary data is available for this year.$1.58$0.33$1.25$1.86$1.80$0.05
2011Summary only. Only limited summary data is available for this year.$1.58$0.33$1.25$2.65$1.79$0.86
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 22, 2025
Return Version
2023v6.0
Gross Receipts
$1,724,564
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,285,292$2,415,581▲ $130,289
Cash and Non-Interest-Bearing Accounts$27,425$610,203▲ $582,778
Savings and Temporary Cash Investments$154,545$557,114▲ $402,569
Other Notes and Loans Receivable, Net$468,887--
Accounts Receivable$53,911$62,900▲ $8,989
Prepaid Expenses and Deferred Charges$21,089$47,582▲ $26,493
Pledges and Grants Receivable$47,869$43,657▼ $4,212
Total Assets$3,249,933$3,737,037▲ $487,104
Other Assets Total$190,915--
Liabilities
Mortgage Notes Payable Secured by Investment Property$447,718$425,106▼ $22,612
Accounts Payable and Accrued Expenses$141,824$95,796▼ $46,028
Escrow Account Liability$7,902$6,762▼ $1,140
Total Liabilities$597,444$527,664▼ $69,780
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,252,751$2,129,456▼ $123,295
Net Assets With Donor Restrictions$399,738$1,079,917▲ $680,179
Total Net Assets Fund Balance$2,652,489$3,209,373▲ $556,884
Total Liabilities and Net Assets / Fund Balance$3,249,933$3,737,037▲ $487,104

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$178,469$69,818$80,000
Land$198,439-$20,000
Other Land Buildings$206,271$0$0
Equipment$52,000$145,218$0
Leasehold Improvements$1,780,402$741,118$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Pamela Martin TurnerPresident and CEOFT$180,000$180,000
Everett StoneSVP and CFOFT$150,000$150,000
Monica EdmondsVice President and Chief Operating OfficerFT$127,000$127,000

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
You Services LLCConstruction Services16801 Avon, Detroit, MI 48219$120,755
Revenue and Support

Revenue Composition

Contributions and Grants
$1,584,462
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$140,102
All Other Contributions
$1,546,195
Change in Net Assets
$-320,980

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,724,564
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$1,724,564
Total Revenue per Form 990
$1,724,564
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,204,564
Salaries, Compensation, and Employee Benefits$840,980
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$472,159$69,930-$542,089
Comp Disqual Persons$92,625$13,718-$106,343
Depreciation Depletion$88,964$13,176-$102,140
Occupancy$83,511$12,368-$95,879
Pension Plan Contributions$80,958$11,990-$92,948
Other Employee Benefits$46,386$6,870-$53,256
Office Expenses$38,115$11,593-$49,708
Payroll Taxes$40,366$5,978-$46,344
Conferences and Meetings$37,826$5,602-$43,428
Interest$24,060--$24,060
Other Expenses$16,098$0$0$16,098
Information Technology$9,637$1,428-$11,065
Insurance$7,537$1,116-$8,653
Advertising$5,201$770-$5,971
Travel$2,896$429-$3,325
Fees for Services Legal$2,125$315-$2,440
Fees for Services Accounting$1,306$194-$1,500
Total Functional Expenses$1,847,437$198,107$0$2,045,544

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,045,544
Total Expenses per Audited Statements$2,045,544
Total Expenses per Form 990$2,045,544
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Edgar Vann IIIFounder and former chairmanpolitical influence with city council for potential project.No$12,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 was reviewed by CEO.

Form 990, Part VI, Section C, Line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Vanguard Community Development Corporation
EIN
38-3201091
Phone
3138727831
Address
2795 E Grand Blvd, Detroit, MI 48211

Signing Officer

Name
Everett Stone
Title
CFO
Phone
7348129882
Signed
2025-10-22

Organization Details

Principal Officer
Pamela Turner
Formed
1994
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
11
Employees
6
Volunteers
10
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Change in donor restricted assets

Financial Statement Notes

Schedule D, Part IV, Line 2B

security deposits

Raw XML AppendixShowing 400 of 603 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/PersonNm0Pamela Martin Turner
IRS990/Form990PartVIISectionAGrp/PersonNm1Everett Stone
IRS990/Form990PartVIISectionAGrp/PersonNm2Monica Edmonds
IRS990/Form990PartVIISectionAGrp/PersonNm3Sonya Delley
IRS990/Form990PartVIISectionAGrp/PersonNm4George Eason
IRS990/Form990PartVIISectionAGrp/PersonNm5Terrence Wheeler
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IRS990/Form990PartVIISectionAGrp/PersonNm7Shawny DeBerry
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IRS990/Form990PartVIISectionAGrp/PersonNm9Leslie Andrews
IRS990/Form990PartVIISectionAGrp/PersonNm10Jaye I Clement
IRS990/Form990PartVIISectionAGrp/PersonNm11Reginald G Dozier
IRS990/Form990PartVIISectionAGrp/PersonNm12Nicole Sebree Henry
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1SVP and CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President and Chief Operating Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
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IRS990/MissionDesc0Vanguard'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.
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IRS990/PrincipalOfficerNm0Pamela Turner
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IRS990/ProgSrvcAccomActy2Grp/Desc0Vanguard'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 completed the beautification of East Grand Boulevard from Woodward Ave to I-75. This project lasted three (3) years. It included art, placemaking, storytelling about the Historic area, clean and safe activities, festivals and more. It was funded by the Knight Foundation with a $1.5 million grant over three (3) years.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Vanguard 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.
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