Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1983.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
90 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
11 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Boosts local economy through job creation and business support.
Questions for Vermont-Slauson Ldc INC
Your first name shows with your question. Vermont-Slauson Ldc INC answers here, for everyone.
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Businees Assistance Programs
Provides business assistance services to start-up and existing businesses under a contract with the city of los angeles.
Deo-Emi Program
A transformative program equipping participants with critical business skills. Services are delivered through the comprehensive emi entrepreneurship academy which teaches crafting detailed business plans to mastering financial management and effective marketing strategies.
Lending Program
Provided financial capacity assistance and loan opportunities to small businesses in los angeles.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.5M | $183K |
| InvestmentsLn 11–13 | $1.4M | $1.6M |
| Total assetsLn 16 | $6.1M | $6.5M |
| LiabilitiesLn 26 | $2.9M | $3.4M |
| Net assetsLn 32 | $3.2M | $3.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $2.5M | $2.3M | $215K | |
| Pension plan contributionsLn 8 | $78K | $72K | $6K | |
| Other employee benefitsLn 9 | $198K | $183K | $15K | |
| Payroll taxesLn 10 | $201K | $185K | $16K | |
| Accounting feesLn 11c | $22K | $22K | ||
| Other fees for servicesLn 11g | $572K | $572K | ||
| Advertising and promotionLn 12 | $102K | $100K | $2K | |
| Office expensesLn 13 | $54K | $50K | $5K | |
| Information technologyLn 14 | $74K | $74K | ||
| OccupancyLn 16 | $50K | $50K | ||
| TravelLn 17 | $13K | $13K | $8 | |
| Conferences, conventions and meetingsLn 19 | $14K | $14K | ||
| InterestLn 20 | $70K | $70K | ||
| InsuranceLn 23 | $29K | $29K | ||
| Other expenses (24a–d)Ln 24 | $466K | $309K | $157K | |
| All other expensesLn 24e | $215K | $152K | $63K | |
| Total functional expensesLn 25 | $4.7M | $4.2M | $479K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $4.6M | $4.7M | −$77K | $3.1M | 990 PDF |
| FY2024 | $3.6M | $3.7M | −$140K | $3.2M | 990 PDF |
| FY2023 | $3.5M | $3.0M | $547K | $3.1M | 990 PDF |
| FY2022 | $2.1M | $2.3M | −$153K | $2.5M | 990 PDF |
| FY2021 | $4.9M | $3.6M | $1.3M | $2.6M | 990 PDF |
| FY2020 | $1.3M | $1.1M | $197K | $1.3M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $4,625,279 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, 1 to look at
Part VIII · Statement of revenue $4,625,279 across 8 lines filed
Part IX · Statement of functional expenses $4,702,142 across 16 lines filed
Part X · Balance sheet $6,503,859 assets, 16 lines filed
Part XI · Reconciliation of net assets $3,123,517 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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