2024-05-15T17:57:42-05:00 2023-06-30 330482495 GYL LLP 4120 CONCOURS SUITE 100 ONTARIO CA 91764 990 2022-07-01 953464837 VERMONT-SLAUSON ECONOMIC DEVELOPMENT CORPORATION VERM 3237532335 1130 W SLAUSON AVENUE LOS ANGELES CA 90044 QUENTIN STRODE PRESIDENT/CEO 3237532335 2024-05-15 1 QUENTIN STRODE 999009999 1 JOSEPH ROMERO CPA P00441771 9099489990 X 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z QUENTIN STRODE 1130 W SLAUSON AVENUE LOS ANGELES CA 90044 3919620 0 X NA X 1978 CA BUSINESS AND RESIDENTIAL DEVELOPMENT 7 7 18 17 0 0 99112 15100 1288326 1452927 1799507 114148 259310 1959152 3446255 3541327 0 0 0 0 913431 792314 0 0 215304 1732066 1858752 2645497 2651066 800758 890261 16120809 23717418 1462871 8010630 14657938 15706788 BUSINESS AND RESIDENTIAL DEVELOPMENT 0 0 185477 65524 BUSINESS ENTERPRISE CENTER - A SMALL BUSINESS CENTER THAT OFFERS SEMINARS, WORKSHOPS, AND ONE-ON-ONE CONSULTATIONS FOR MINORITY-OWNED BUSINESSES. THESE ARE INCUBATOR SPACES FOR SMALL BUSINESS ENTREPRENEURS WHO ARE STILL TRYING TO MAKE IT BIG IN THEIR RESPECTIVE BUSINESSES. 1220372 1387328 VSRC - PROVIDES RENTAL SPACES TO MAJOR RETAILERS TO SERVE THE NEEDS OF THE COMMUNITY. 74238 1959227 OTHER PROGRAMS 1480087 0 1 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 15 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X FEDERICO CASTILLO 3237532335 1130 WEST SLAUSON AVENUE LOS ANGELES CA 90044 BEATRIZ OLVERA STOTZER BOARD MEMBER 2.00 X 0 0 0 DAVID A ROBERTS BOARD MEMBER 2.00 X 0 0 0 MIGUEL ACUNA PAST BOARD MEMBER 2.00 X 0 0 0 KYLA LEE TREASURER 2.00 X X 0 0 0 KECIA M WASHINGTON ESQ BOARD CHAIR 2.00 X X 0 0 0 SHMEL C GRAHAM ESQ SECRETARY 2.00 X X 0 0 0 DONNA RUFF BOARD MEMBER 2.00 X 0 0 0 JOSEPH ROUZAN III PAST EXECUTIVE DIRECTOR 40.00 X 225000 0 0 QUENTIN D STRODE PRESIDENT/CEO 40.00 X 0 0 0 LIBBY WILLIAMS CHIEF OPERATING OFFICER 40.00 X 135000 0 0 FEDERICO CASTILLO DIRECTOR OF FINANCE & ADMINISTRATION 40.00 X 133057 0 0 CONNIE HWANG DIRECTOR OF ADVANCEMENT 40.00 X 130000 0 0 RENEE MONCITO DIRECOR OF PROGRAMS 40.00 X 120000 0 0 NAMOCH SOKHOM DIRECTOR OF LENDING SERV. 40.00 X 120000 0 0 863057 0 0 7 0 0 0 0 15100 15100 VSRC LLC 532000 1387328 1387328 RENTAL INCOME 532000 65524 65524 FEES AND COMMISSIONS 522291 75 75 1452927 51451 51451 440990 378293 62697 62697 62697 PASS-THROUGH INCOME 900099 1959152 1959152 1959152 3541327 3412079 0 114148 166827 25442 101651 39734 486629 74213 296513 115903 86767 10319 68267 8181 52091 7564 32700 11827 53175 53175 16800 7400 9400 198440 10078 171362 17000 34114 25908 8206 16734 2743 13644 347 100698 77652 23046 17771 17641 130 2252 2077 175 446546 446546 333249 319256 9884 4109 39131 7808 30832 491 OUTSIDE SERVICES 248522 239600 8922 PROPERTY TAX 148474 148474 AMORTIZATION-LOAN COSTS 84927 84927 COMMUNITY PROMOTIONS 34120 278 30342 3500 83799 17787 60311 5701 2651066 1480087 955675 215304 173609 539885 185547 4613 4273 200000 13186 11443 16242854 5406900 3308139 10835954 1928887 1929587 9544124 9351245 762704 1045031 16120809 23717418 184981 325776 4684 480350 6130185 797540 1549985 1462871 8010630 X 12137938 13929355 2520000 1777433 14657938 15706788 16120809 23717418 890261 73540 85049 0 X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4663338 4663338 9293188 4544259 4748929 2040669 634595 1406074 245659 228046 17613 10835954 INVESTMENTS IN PARTERSHIPS 8847274 C INVESTMENTS IN AFFILIATES 503971 C 9351245 SECURITY DEPOSITS 5481 DUE TO AFFILIATES 914154 LINE OF CREDIT 630350 1549985 X 3614867 73540 73540 3541327 0 3541327 2651066 0 2651066 0 2651066 PART X, LINE 2: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION'S RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED. 0 0 0 0 0 0 0 0 0 JOSEPH ROUZAN III PAST EXECUTIVE DIRECTOR 225000 0 0 0 0 0 0 0 0 0 225000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE PRESIDENT OF THE BOARD PRIOR TO FILING. COPIES OF THE RETURN IS MADE AVAILABLE TO THE REMAINING BOARD MEMBERS AT THE NEXT SCHEDULED MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT OF THE BOARD PERIODICALLY INQUIRES IF THERE ARE ANY CONFLICTS WITH THE OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE BOARD DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE FOR REVIEW UPON WRITTEN REQUEST FOR AN APPOINTMENT AT ITS ADMINISTRATIVE OFFICE. VERMONT-SLAUSON HOUSING CORPORATION 1130 W SLAUSON AVENUE LOS ANGELES CA 90044 953822165 DEVELOPMENT OF AFFORDABLE HOUSING CA 501(C)3 LINE 7 0 VERMONT-SLAUSON LDCINC 1130 W SLAUSON AVENUE LOS ANGELES CA 90044 953779310 ECONOMIC DEVELOPMENT OF LOCAL BUSINESSES CA 501(C)3 LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0