AVENUE COMMUNITY DEVELOPMENT CORPORATION
AI Summary
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Avenue Community Development Corporation is a nonprofit organization focused on housing development and community improvement, dedicated to investing in people, homes, and communities to advance opportunity for all Houstonians. With an operating budget of $16.4 million and total revenue of $15.1 million for the 2024 filing year, the organization relies on a diverse range of funders, none of whom contribute 50% or more of its revenue. More information can be found on their website at avenuecdc.org.
Mission Statement
TO BUILD AFFORDABLE HOMES, OPERATE AFFORDABLE HOUSING PROJECTS AND STRENGTHEN COMMUNITIES. AVENUE IMPROVES COMMUNITIES TO ENHANCE THE QUALITY OF LIFE OF WORKING FAMILIES, AND TO PROMOTE HEALTHY, VIBRANT AND ECONOMICALLY DIVERSE NEIGHBORHOODS TO ENSURE HOUSTON'S FUTURE AS A WORLD CLASS CITY.
Cause Areas
2
Community improvement
Housing development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is AVENUE COMMUNITY DEVELOPMENT CORPORATION’s budget?
In 2024, AVENUE COMMUNITY DEVELOPMENT CORPORATION reported an annual operating budget of around $16.4 million. More detailed financial information is available to registered users.
What causes does AVENUE COMMUNITY DEVELOPMENT CORPORATION support?
AVENUE COMMUNITY DEVELOPMENT CORPORATION supports work in Community improvement and Housing development.
Where does AVENUE COMMUNITY DEVELOPMENT CORPORATION operate?
AVENUE COMMUNITY DEVELOPMENT CORPORATION is headquartered in Houston, TX.
Who funded AVENUE COMMUNITY DEVELOPMENT CORPORATION recently?
In 2024, AVENUE COMMUNITY DEVELOPMENT CORPORATION received grants from NEIGHBORHOOD REINVESTMENT CORPORATION, LOCAL INITIATIVES SUPPORT CORPORATION, and Episcopal Health Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant AVENUE COMMUNITY DEVELOPMENT CORPORATION received in 2024?
The largest grant to AVENUE COMMUNITY DEVELOPMENT CORPORATION in 2024 exceeds $656 thousand.
What is AVENUE COMMUNITY DEVELOPMENT CORPORATION’s reliance on government grants?
AVENUE COMMUNITY DEVELOPMENT CORPORATION relied on government grants for more than 10% of their total revenue in 2024.