VANGUARD LOCAL DEVELOPMENT CORPORATION

Address
613-619 GEORGE GLEE JR WAY 3FL
BROOKLYN, NY 11216
Contact
Phone: +1 (718) 453-3330
Nonprofit
NTEE: S20 - Community, Neighborhood Development, Improvement (General)
EIN: 11-3113924

Mission

TO PROVIDE RENTAL ASSISTANCE
 2012201120102009
Basic features of the organization
Year of formation1981
Metropolitan statistical area5602
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Number of employees1200 
Number of volunteers01212 
Personnel
Agard, Carl
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER 
Name of key/compensated personCARL AGARDCARL AGARDCARL AGARD 
Position of compensated person
Current individual trustee or directorTrueTrueTrue 
Average hours per week working for org1.001.001.00 
Reportable compensation from org$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 
Cuylermd, Jerome
TitleCHAIRMANCHAIRMANCHAIRMAN 
Name of key/compensated personJEROME F CUYLERMDJEROME F CUYLERMDJEROME F CUYLERMD 
Position of compensated person
Current individual trustee or directorTrueTrueTrue 
Average hours per week working for org1.001.001.00 
Reportable compensation from org$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 
Davis, Katie
TitleTREASURERTREASURERTREASURER 
Name of key/compensated personKATIE L DAVISKATIE L DAVISKATIE L DAVIS 
Position of compensated person
Current individual trustee or directorTrueTrueTrue 
Average hours per week working for org1.001.001.00 
Reportable compensation from org$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 
Howard, Clarenece
TitleSECRETARYSECRETARYSECRETARY 
Name of key/compensated personCLARENECE HOWARDCLARENECE HOWARDCLARENECE HOWARD 
Position of compensated person
Current individual trustee or directorTrueTrueTrue 
Average hours per week working for org1.001.001.00 
Reportable compensation from org$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO PROVIDE RENTAL ASSISTANCETO PROVIDE RENTAL ASSISTANCETO PROVIDE RENTAL ASSISTANCE 
Program service expenses, total$202,403.00$77,046.00$227,512.00 
Programs, including revenue & expenses
TO PROVIDE RENTAL ASSISTANCE
Program expenses$202,403.00$77,046.00$227,512.00 
Grants and allocations made $84,873.00  
Program revenue  $198,440.00 
Program descriptionTO PROVIDE RENTAL ASSISTANCETO PROVIDE RENTAL ASSISTANCETO PROVIDE RENTAL ASSISTANCE 
Financial data
Revenue
Total revenue$20,668.00$84,873.00$198,440.00 
Revenue from contributions (total)$0.00 $0.00$0.00
Investment income, current yr$0.00$0.00$0.00 
Total revenue from grants, etc., current yr$0.00$0.00$0.00 
Total unrelated business revenue$0.00$0.00$0.00 
Other revenue, current yr$20,668.00$84,873.00$198,440.00 
Program service revenue (total)$0.00 $0.00$0.00
Gross receipts$20,668.00$84,873.00$198,440.00 
Other types of revenue
Net rental income$20,668.00$84,873.00$198,440.00$193,212.00
Expense categories (totals)
Total functional expenses: sum of all$202,403.00$77,046.00$227,512.00 
Total functional expenses: program service $202,403.00$77,046.00$227,512.00 
Total functional expenses: management and general$0.00$0.00$0.00 
Total functional expenses: fundraising$0.00$0.00$0.00 
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00 
Assets and liabilities
Total assets$1,066,704.00$1,194,456.00$1,174,076.00$476,510.00
Total assets, beginning of year$1,125,496.00$1,174,076.00$476,510.00 
Total liabilities$1,003,676.00$725,349.00$831,978.00$110,110.00
Total liabilities, beginning of year$880,735.00$831,978.00$110,110.00 
Unrestricted net assets, end of yr$63,028.00$469,107.00$342,098.00 
Net assets$63,028.00$469,107.00$342,098.00 
Net assets, beginning of year$244,761.00$342,098.00$366,400.00 
Other liabilities $19,978.00$19,978.00 
Cash: non-interest bearing $730.00$3,312.00 
Cash: non-interest bearing, beginning of year$659.00$3,312.00$991.00 
Other financial variables
Revenue less expenses-$181,735.00$7,827.00-$29,072.00 
Accounts receivable, net $4,800.00$4,800.00 
Accounts payable & accrued expenses$203,676.00 $12,000.00 
Unsecured notes & loans to unrelated parties$800,000.00$705,371.00$800,000.00 
Total net assets or fund balances$63,028.00$469,107.00$342,098.00 
Depreciation, depletion, amortization$48,823.00$21,116.00$41,306.00 
Governance and accountability
Number of voting members949 
Number of independent voting members949 
Financial sheets auditedTrueTrueTrue 
Audited on both consolidated and separate basisTrue   
Accrual accountingTrueTrueTrue 
Tax year start date2012-01-012011-01-012010-01-01 
Tax year end date2012-12-012011-12-012010-12-012009-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990 
Date e-filing submitted2013-12-272013-03-212011-12-09 
IRS schema version2012v2.02011v1.22010v3.2 
Filing identifier201333189349306338201310659349300181201103199349308950 
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