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Michigan · Nonprofit

VANGUARD COMMUNITY DEVELOPMENT CORPORATION

VANGUARD COMMUNITY DEVELOPMENT CORPORATION (Michigan) receives grants from 10 organizations whose IRS filings report $5,803,423 to it, the largest being THE KRESGE FOUNDATION ($1,965,813). 8 of them have funded it in more than one year.

Revenue FY2024
$2.5M
Funders on record
10
Grants received
$5.8M
Net assets
$3.3M
8/10 repeat funderspeak grant-dependency 92%
01What it does

What Vanguard Community Development Corporation does

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.

As stated on its FY2024 Form 990.

Programs

  1. Vanguard has built 236 affordable homes including 206 in Detroit's Historic North End and 48 for Seniors. These homes were developed to provide much needed housing for people with low to moderate economic means to ensure that these homes are clean, safe and attractive. Vanguard CDC, Avanath, RMC Development and Tekton have joined together for the sole purpose of developing North End Landing as market rate, affordable and senior housing in the Smith Street/Delores Bennett Park area of the Historic North End.

    $339,392 spent
    18% of program spending
  2. Vanguard'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.

    $1,070,367 spent
    58% of program spending
  3. Vanguard 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.

    $437,678 spent
    24% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $1,847,437.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($1.2M) Expenses 100 ($992k) Net assets 100 ($2.9M)2021 Revenue 106 ($1.3M) Expenses 136 ($1.4M) Net assets 100 ($2.9M)2022 Revenue 78 ($949k) Expenses 147 ($1.5M) Net assets 92 ($2.7M)2023 Revenue 141 ($1.7M) Expenses 206 ($2.0M) Net assets 111 ($3.2M)2024 Revenue 205 ($2.5M) Expenses 158 ($1.6M) Net assets 116 ($3.3M)
20202021202220232024
Revenue (205)Expenses (158)Net assets (116)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $3.2M to $3.7M (+15%).

$3.6M
$3.5M
$3.2M
$3.7M
$4.0M
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 0% · 2023 2% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

93% of VANGUARD COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

$231k
’20
−$52k
’21
−$515k
’22
−$321k
’23
$946k
’24
0.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Pamela Martin Turner

President and CEO

Board chair

Leslie Andrews

Board Chair

As listed on its FY2024 Form 990.

20202021202220232024
Listed111111139
Joined·+0+0+4+1
No longer listed·0025
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $250k → $1.1M.

3 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of VANGUARD COMMUNITY DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

VANGUARD COMMUNITY DEVELOPMENT CORPORATION has a broad base — no single funder exceeds 34% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

40% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VANGUARD COMMUNITY DEVELOPMENT CORPORATION.

34%
largest funder
65%
top three
~5
effective funders

Largest funder’s share by year: 2017 60% · 2018 29% · 2019 48% · 2020 47% · 2021 57% · 2022 41% · 2023 40% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

63% of VANGUARD COMMUNITY DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 80% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

VANGUARD COMMUNITY DEVELOPMENT CORPORATION draws 52% of its grant income from funders outside Michigan, across 4 states in all.

MI
NY
MD
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Michigan out of state home

Funder states come from each funder’s own filing. $1.1M arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VANGUARD COMMUNITY DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 4,203 community improvement nonprofits its size.

Operating margin38% · top quartile
Months of reserve0.6mo · bottom quartile
Revenue growth (annualized)20% · above the median

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Organizations like VANGUARD COMMUNITY DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

90%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for VANGUARD COMMUNITY DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VANGUARD COMMUNITY DEVELOPMENT CORPORATION?
VANGUARD COMMUNITY DEVELOPMENT CORPORATION (Michigan) receives grants from 10 organizations whose IRS filings report $5,803,423 to it, the largest being THE KRESGE FOUNDATION ($1,965,813). 8 of them have funded it in more than one year.
How many funders does VANGUARD COMMUNITY DEVELOPMENT CORPORATION have?
IRS filings report 10 organizations giving $5,803,423 in grants to VANGUARD COMMUNITY DEVELOPMENT CORPORATION, 8 of which have funded it in more than one year.
Who is the largest funder of VANGUARD COMMUNITY DEVELOPMENT CORPORATION?
THE KRESGE FOUNDATION is the largest funder on record, with $1,965,813 in grants. The full list of funders is on this page.
How can an organization like VANGUARD COMMUNITY DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Vanguard Community Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing