VANGUARD DEVELOPMENT CORPORATION
MINNEAPOLIS,
Minnesota,
55402
EIN: 83-4684734
Community Improvement, Capacity Building
MISSION
is to build a stronger and more stable community through access to resources that develop business growth, advance economic equity through wealth building, and increase investment and reinvestment in the African communities of Minnesota.
DEMOGRAPHIC
ADDRESS
100 SOUTH 5TH STREET 19TH FLOOR
55402
COUNTY
hennepin county, MN
IN CARE OF NAME
SADIO ISMAIL
ORGANIZATIONAL OVERVIEW & RANKINGS
VANGUARD DEVELOPMENT CORPORATION is a based in MINNEAPOLIS, MN, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in July 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,553,661 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 48,239 out of 53,624 organizations in MN (Top 90%).
In hennepin county, MN, the organization ranks 11,936 out of 13,125 nonprofits by assets (Top 91%), while locally in minneapolis, it stands at 5,171 among 6,505 organizations (Top 80%).
The organization reported no revenue in the most recent filing period, placing it at 2,015,206 nationally and 48,184 in MN.
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, VANGUARD DEVELOPMENT CORPORATION ranks 4,657 in assets (Top 96%) and 4,620 in revenue (Top 95%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2022;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
07/2019
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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