Program areas at Avenue
Affordable housing program services - expenditures relating to the purchase and Development of affordable housing for rent and sales to low income and moderate income families and individuals and improvements to existing properties. This activity included the rental and operations of 869 multi-family units located within 14 properties, and 35 scattered site units, the rental of space in Avenue center to other tax exempt entities, and the Development of a low income housing tax credit apartment project.
Family asset building and other programs - Avenue promoted homeownership; assisted families and individuals to obtain homeownership and improve their financial stability through homebuyer education classes, pre-purchase counseling, post purchase counseling & workshops, and foreclosure intervention counseling. Provided homebuyer education to 889 households, created 400 new homeowners, and assisted 54 households in obtaining a positive outcome preserving their homes. In addition provided financial assistance to 245 households in the form of down payment assistance.
Community initiatives program services - supported Community building and engagement, promoted civic engagement, cultivated resident leadership and brought neighbors together to advocate for Community improvements. By engaging residents, goverment agencies, Community organizations, businesses and other stakeholders, Avenue helped residents increase public awareness and safety, beautify their neigborhoods, promote health and wellness, improve eductaional outcomes, and support local arts and culture.
Grants made by Avenue
Grantee | Grant description | Grant year | Amount |
---|
Neighborworks Waco | Homeownership Promotion | 2022-12 | $3,645,000 |
Who funds Avenue
Grants from foundations and other nonprofits
Personnel at Avenue
Name | Title | Compensation | Date of data |
---|
Mary Lawler | Chief Executive Officer | $204,638 | 2022-12-31 |
Bernice Yu | Chief Operating Officer | $131,484 | 2021-12-31 |
Karen Briggs Gwin | Chief Financial Officer | | 2023-11-10 |
Cindy Tessler | Vice President , Programs and Operations | $102,870 | 2022-12-31 |
Darla Berry | Vice President , Fund Development | $113,387 | 2022-12-31 |
...and 13 more key personnel |
Financials for Avenue
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $3,536,999 | $3,737,651 | -5.4% |
Program services | $9,809,630 | $7,473,283 | 31.3% |
Investment income and dividends | $170,121 | $157,470 | 8% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $188,903 | $122,454 | 54.3% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $-13,449 | $42,986 | -131.3% |
Miscellaneous revenues | $33,594 | $8,395 | 300.2% |
Total revenues | $13,725,798 | $11,542,239 | 18.9% |
Organizations like Avenue
Organization | Type | Location | Revenue |
---|
Fenway Community Development Corporation | 501(c)(3) | Boston, MA | $5,660,025 |
Esperanza Community Housing Corporation | 501(c)(3) | Los Angeles, CA | $6,692,281 |
Homeport | 501(c)(3) | Columbus, OH | $9,893,694 |
Southeast Community Development Corporation | 501(c)(3) | Baltimore, MD | $3,516,608 |
Nuestra Comunidad Development Corporation | 501(c)(3) | Roxbury, MA | $5,093,132 |
Neighborhood Development Center | 501(c)(3) | Saint Paul, MN | $11,058,060 |
Beyond Housing | 501(c)(3) | Saint Louis, MO | $11,777,883 |
Mission Economic Development Agency (MEDA) | 501(c)(3) | San Francisco, CA | $26,896,587 |
Hacienda Community Development Corporation | 501(c)(3) | Portland, OR | $15,053,915 |
Codman Square Neighborhood Development Corporation | 501(c)(3) | Dorchester, MA | $7,754,039 |
Data update history
July 25, 2024
Used new vendors
Identified 1 new vendor, including
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Updated personnel
Identified 10 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHousing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
Political advocacyLobbyingFundraising eventsState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
- Address
- 3517 Irvington Blvd
- Houston, TX 77009
- Metro area
- Houston-The Woodlands-Sugar Land, TX
- County
- Harris County, TX
- Website URL
- avenuecdc.org/Â
- Phone
- (713) 864-8099
IRS details
- EIN
- 76-0380602
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1991
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L80: Housing Support Services
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Central organization
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