AVENUE COMMUNITY DEVELOPMENT CORPORATION
AI Summary
Avenue Community Development Corporation is a Houston-based nonprofit focused on housing development and community improvement, with a mission to invest in people, homes and communities to advance opportunity for all Houstonians. In filing year 2025, it reported an operating budget of $8.6M and total revenue of $7.2M; listed top funders include Greater Houston Community Foundation, NEIGHBORHOOD REINVESTMENT CORPORATION, and LOCAL INITIATIVES SUPPORT CORPORATION, with no single funder shown as representing 50% or more of the reported revenue.
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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- 60 funders
- 60 board & team members
- 13 historic 990s & financials
- 6-year operating budget trend
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.