EIN 76-0380602

Avenue

IRS 501(c) type
501(c)(3)
Num. employees
29
State
Year formed
1991
Most recent tax filings
2023-12-01
Description
Avenue CDC builds affordable homes and strengthens communities in Houston through programs promoting homeownership, financial capability, and community engagement.
Also known as...
Avenue Community Development Corporation
Total revenues
$10,964,102
2023
Total expenses
$13,906,560
2023
Total assets
$87,241,602
2023
Num. employees
29
2023

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, operations and sale of 869 multi-family units located within 14 properties, and 35 scattered site units and the rental of space in Avenue center to other tax exempt entities.
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 748 households, created 260 new homeowners, and assisted 67 households in obtaining a positive outcome preserving their homes. In addition provided financial assistance to 51 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 neighborhoods, promote health and wellness, improve educational outcomes, and support local arts and culture.

Grants made by Avenue

GranteeGrant descriptionAmount
Neighborworks WacoHomeownership Promotion$728,261

Who funds Avenue

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Episcopal Health FoundationRaise Community Voices$600,000
NeighborWorks AmericaGeneral Support$599,404
Local Initiatives Support CorporationSee Part Iv$423,100
...and 16 more grants received

Personnel at Avenue

NameTitleCompensation
Mary LawlerChief Executive Officer$204,638
Karen Briggs GwinChief Financial Officer
Cindy TesslerVice President , Programs and Operations$102,870
Miriam CameroVice President Programs and Operations
Darla BerryVice President Fund Development and Communications$113,387
...and 20 more key personnel

Financials for Avenue

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,134,294
Program services$7,733,258
Investment income and dividends$89,841
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$633,849
Net income from fundraising events$130,033
Net income from gaming activities$0
Net income from sales of inventory$30,286
Miscellaneous revenues$-787,459
Total revenues$10,964,102

Form 990s for Avenue

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-10990View PDF
2021-122022-11-11990View PDF
2020-122021-11-12990View PDF
2019-122021-04-05990View PDF
...and 12 more Form 990s
Data update history
January 6, 2025
Received grants
Identified 5 new grant, including a grant for $423,100 from Local Initiatives Support Corporation
January 5, 2025
Used new vendors
Identified 3 new vendors, including , , and
January 3, 2025
Posted financials
Added Form 990 for fiscal year 2023
October 19, 2024
Updated personnel
Identified 10 new personnel
September 21, 2024
Received grants
Identified 4 new grant, including a grant for $599,404 from NeighborWorks America
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/ 
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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