Overview
What is Avenue Community Development Corporation?
The Avenue Community Development Corporation is a Houston, Texas-based nonprofit organization with a mission to invest in people, homes, and communities to promote equity and opportunity for all Houstonians. They specialize in affordable housing, with a portfolio consisting of 869 multi-family units across 14 properties and 35 scattered site units. Their work extends beyond just housing, as they also rent out space to tax-exempt entities and develop low-income housing tax credit apartment projects. Avenue's goal is to ensure Houstonians have access to quality homes in healthy, vibrant neighborhoods, contributing to the city's future as a world-class urban area. Their dedicated team of 51 employees work towards achieving this vision.
Official website here: www.avenuecdc.org
Is Avenue Community Development Corporation legitimate?
Avenue Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avenue Community Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $999,407
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,541,688
For more financial information, click here
Official website here: www.avenuecdc.org
What is the mission statement of Avenue Community Development Corporation?
The Avenue Community Development Corporation aims to invest in people, homes, and communities to promote equity and opportunity for all residents. Their mission is to ensure that individuals have the chance to live in quality homes in healthy, vibrant, and inclusive neighborhoods. Through affordable housing programs, they provide housing for low-income and moderate-income families and individuals, as well as improvements to existing properties. This includes the management of 869 multi-family units, 35 scattered site units, rental space to tax-exempt entities, and the development of a low-income housing tax credit apartment project.
Official website here: www.avenuecdc.org
Who is the CEO of Avenue Community Development Corporation?
Karen Briggs Gwin is the Ceo of Avenue Community Development Corporation. The CEO's salary of Avenue Community Development Corporation is $204,638 and their total compensation is $238,813.
Official website here: www.avenuecdc.org
What is the revenue of Avenue Community Development Corporation?
Avenue Community Development Corporation's revenue in 2022 was $13,725,798.
Official website here: www.avenuecdc.org
Who are the executives of Avenue Community Development Corporation and what are their salaries?
The average compensation at Avenue Community Development Corporation during 2022 was $69,433. There are 51 employees and 1,200 volunteers at Avenue Community Development Corporation.
Here are 25 key members and their salaries (Avenue Community Development Corporation's CEO's salary is $204,638 and their total compensation is $238,813):
- Mary Lawler (Ceo) [Trustee/Director]
- Travis Gordon (Cfo)
- Mark Nightingale (Vp, Real Estate Development)
- Darla Berry (Vp, Fund Development)
- Alan Maynie (Vp, Asset Management)
- Brenda Bocanegra (Vp, Human Resources)
- Jason Holoubek (Vp, Acquisitions/Rehabilitations)
- Cindy Tessler (Vp, Programs And Operations)
- Marie D Arcos (Director)
- Michael Tate Barkley (Vp, Director)
- Janis Brackett (Director)
- Jamie Bryant (Vp, Director)
- Richard Campo (Director)
- Alexandra Clements (Director)
- Jesus Deanda (Director)
- Donna Espadas (Treasurer, Director)
- Winnie Kwok (Director)
- Cathryn Martinez (Director)
- John Price (Director)
- Yuraima Rodriguez (Director)
- Cassandra Silvernail (President, Director)
- Viola Solomon (Sec, Director)
- Debbie Tesar (Director)
- Frances Valdez (Director)
- Elgin Weaver (Director)
Official website here: www.avenuecdc.org
Where can I find the form 990 for Avenue Community Development Corporation?
The Avenue Community Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.avenuecdc.org
Learn more at the official website: www.avenuecdc.org
Mission Statement of Avenue Community Development Corporation
Avenue Community Development Corporation, or AVENUE, is a mission-driven organization dedicated to investing in people, homes, and communities in Houston to advance equity and opportunity for all. Their ultimate vision is for Houstonians to have the opportunity to live in quality homes in healthy, vibrant, and inclusive neighborhoods, contributing to Houston's future as a world-class city.
To bring this vision to life, AVENUE focuses on affordable housing. They purchase and develop homes for rent and sale to low-income and moderate-income families and individuals. This includes the rental and operation of 869 multi-family units across 14 properties and 35 scattered site units. Additionally, they rent out space in Avenue Center to tax-exempt entities and develop low-income housing tax credit apartment projects.
AVENUE's efforts extend beyond providing affordable homes. They aim to create thriving neighborhoods where people can build their lives. Their commitment to equity and opportunity means they prioritize the needs of those who might not otherwise have access to quality housing. By investing in communities and individuals, AVENUE plays a vital role in enhancing the lives of Houstonians and ensuring a strong future for the city.
Impact
This information is meant to be a general summary of Avenue Community Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Avenue Community Development Corporation's impact is substantial in advancing equity and opportunity for all Houstonians. Through its affordable housing program services, Avenue invests in people, homes, and communities by providing affordable housing options for low-income and moderate-income families and individuals. With 869 multi-family units and 35 scattered-site units across 14 properties, Avenue ensures that individuals have access to quality homes in healthy, vibrant, and inclusive neighborhoods. By doing so, Avenue contributes to the vision of ensuring all Houstonians have the opportunity to live in a world-class city.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTALS
Revenue
$5,300,358
HOMEBUYER ASSISTANCE PROGRAM
Revenue
$3,985,507
EDUCATION AND OTHER
Revenue
$212,257
APARTMENT MANAGEMENT
Revenue
$138,817
SUPPORTIVE SERVICES
Revenue
$86,591
Organization Details
Founding Year
1991
Phone
(713) 864-8099
Principal Officer
Karen Briggs Gwin
Main Address
3517 IRVINGTON BLVD, HOUSTON, TX, 77009
Website
www.avenuecdc.org
NTEE Category
Code: L20Z - Housing
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