2023-11-10T15:59:03-06:00 2022-12-31 943108253 NOVOGRADAC & COMPANY LLP 11401 CENTURY OAKS TERRACE SUITE 260 AUSTIN TX 78758 990 2022-01-01 760380602 AVENUE COMMUNITY DEVELOPMENT CORPORATION AVEN 7138648099 3517 IRVINGTON BLVD HOUSTON TX 77009 KAREN BRIGGS GWIN CFO 7138648099 2023-11-10 1 KAREN BRIGGS GWIN 999009999 0 SUSAN WILSON P00545142 5123400420 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z AVENUE KAREN BRIGGS GWIN 3517 IRVINGTON BLVD HOUSTON TX 77009 14106940 0 X AVENUECDC.ORG X 1991 TX AVENUE'S MISSION IS TO INVEST IN PEOPLE, HOMES AND COMMUNITIES TO ADVANCE EQUITY AND OPPORTUNITY FOR ALL HOUSTONIANS. 17 17 51 1200 8765 7389 3737651 3536999 7473283 9809630 157470 170121 173835 209048 11542239 13725798 701279 3669710 0 0 4092485 4305735 0 0 659499 8188781 8947931 12982545 16923376 -1440306 -3197578 81189118 86609571 53068116 61605702 28121002 25003869 X AVENUE COMMUNITY DEVELOPMENT CORPOATION'S ("AVENUE") MISSION IS TO INVEST IN PEOPLE, HOMES AND COMMUNITIES TO ADVANCE EQUITY AND OPPORTUNITY FOR ALL HOUSTONIANS. AVENUE'S VISION IS FOR ALL HOUSTONIANS HAVE THE OPPORTUNITY TO LIVE IN QUALITY HOMES IN HEALTHY, VIBRANT, AND INCLUSIVE NEIGHBORHOODS TO ENSURE HOUSTON'S FUTURE AS A WORLD CLASS CITY. 0 0 12894258 5511826 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. 657476 298848 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. 1334436 3669710 3985507 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. 14886170 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 23 0 1 51 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KAREN BRIGGS GWIN 7138648099 3517 IRVINGTON BLVD HOUSTON TX 77009 MARY LAWLER CEO 39.00 1.00 X X 204638 0 34175 MARIE D ARCOS DIRECTOR 0.25 0.25 X 0 0 0 MICHAEL TATE BARKLEY VP, DIRECTOR 1.00 0.25 X X 0 0 0 JANIS BRACKETT DIRECTOR 0.25 0.25 X 0 0 0 JAMIE BRYANT VP, DIRECTOR 1.00 0.25 X 0 0 0 RICHARD CAMPO DIRECTOR 0.25 0.25 X 0 0 0 ALEXANDRA CLEMENTS DIRECTOR 0.25 0.25 X 0 0 0 JESUS DEANDA DIRECTOR 0.25 0.25 X 0 0 0 DONNA ESPADAS TREASURER, DIRECTOR 1.00 0.25 X X 0 0 0 WINNIE KWOK DIRECTOR 0.25 0.25 X 0 0 0 CATHRYN MARTINEZ DIRECTOR 0.25 0.25 X 0 0 0 JOHN PRICE DIRECTOR 0.25 0.25 X X 0 0 0 YURAIMA RODRIGUEZ DIRECTOR 0.25 0.25 X 0 0 0 CASSANDRA SILVERNAIL PRESIDENT, DIRECTOR 1.00 0.25 X 0 0 0 VIOLA SOLOMON SEC, DIRECTOR 1.00 0.25 X 0 0 0 DEBBIE TESAR DIRECTOR 0.25 0.25 X 0 0 0 FRANCES VALDEZ DIRECTOR 0.25 0.25 X 0 0 0 ELGIN WEAVER DIRECTOR 0.25 0.25 X 0 0 0 TRAVIS GORDON CFO 39.00 1.00 X 137170 0 12321 MARK NIGHTINGALE VP, REAL ESTATE DEVELOPMENT 39.00 1.00 X 131042 0 11769 DARLA BERRY VP, FUND DEVELOPMENT 39.00 1.00 X 113387 0 10180 BRENDA BOCANEGRA VP, HUMAN RESOURCES 39.00 1.00 X 104435 0 11200 JASON HOLOUBEK VP, ACQUISITIONS/REHABILITATIONS 39.00 1.00 X 103179 0 9965 CINDY TESSLER VP, PROGRAMS AND OPERATIONS 39.00 1.00 X 102870 0 9234 ALAN MAYNIE VP, ASSET MANAGEMENT 39.00 1.00 X 102685 0 14036 999406 0 112880 8 1 1 0 DE HARVEY BUILDERS 3663 BRIARPARK DRIVE HOUSTON TX 77042 CONSTRUCTION 551039 LAZER DEVELOPMENT LLC 12401 S POST OAK ROAD 239 HOUSTON TX 77045 CONSTRUCTION 159858 2 1392597 2144402 3536999 RENTALS 531390 5300358 5300358 HOMEBUYER ASSISTANCE PROGRAM 531390 3985507 3985507 EDUCATION AND OTHER 531390 212257 212257 APARTMENT MANAGEMENT 531390 138817 138817 SUPPORTIVE SERVICES 236000 86591 86591 86100 86100 9809630 170121 170121 291596 102693 188903 188903 265000 278449 -13449 -13449 INVESTMENT IN PARTNERSHIP 531390 24829 24829 CELL TOWER RENTAL 531110 8765 8765 33594 13725798 9821010 8765 359024 3645000 3645000 24710 24710 999407 686502 208602 104303 2541688 1745909 530516 265263 94654 65018 19757 9879 350405 240696 73139 36570 319581 219523 66705 33353 142669 98001 29779 14889 37152 25520 7755 3877 63035 43299 13157 6579 562072 386092 117319 58661 21381 14687 4463 2231 357202 245365 74558 37279 369433 253767 77111 38555 3605734 3511964 62513 31257 20204 13878 4217 2109 27829 5606 21371 852 1385988 1385988 1578571 1497984 66745 13842 442920 442920 SPECIAL PROJECTS 265170 265170 LOSS ON INTEREST RATE S 35777 35777 LOSS ON WRITE-OFF OF LO 32794 32794 16923376 14886170 1377707 659499 5416452 5344653 5615823 673192 361436 980681 6639828 7845331 19542020 18200049 2573517 3142908 487242 687042 53576233 8714255 39426840 44861978 3419823 772832 927973 94350 353128 431591 81189118 86609571 5004548 3163042 2467503 531193 44998450 57875690 597615 35777 53068116 61605702 X 27237556 24008869 883446 995000 28121002 25003869 81189118 86609571 X -3197578 80445 X 0 1 X 1 1 1 X 7096328 10059220 7202793 3737651 3536999 31632991 3336186 12320148 2780662 3619334 4660284 26716614 2834214 3502009 3866529 5000635 5439175 20642562 13266728 25881377 13849984 12357620 13636458 78992167 0 0 0 78992167 332362 376720 209606 157470 170121 1246279 332362 376720 209606 157470 170121 1246279 148791 153349 1557459 8509 8765 1876873 13747881 26411446 15617049 12523599 13815344 82115319 0.96200 0.95920 0.01520 0.01630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 0 0 0 PART II-B, LINE 1: LOBBYING ACTIVITIES INCLUDES DUES PAID TO OTHER ORGANIZATIONS THAT DO LOBBYING. SCHEDULE C PART IV OTHER INFORMATION AVENUE HAS CONTACTED LEGISLATURES CONCERNING PENDING LEGISLATIVE ACTIONS IMPACTING AVENUE'S MISSION. 1042395 1042395 9060491 9060491 43272825 7854011 35418814 1242917 860244 382673 44861978 14106524 381142 381142 13725382 416 416 13725798 17223657 381188 381188 16842469 80907 80907 16923376 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF HOUSES SOLD 278,449. FUND RAISING EXPENSES 102,693. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT - BOOK TO TAX DIFFERENCE 416. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF HOUSES SOLD 278,449. FUND RAISING EXPENSES 102,693. OFFICE EXPENSES - BOOK TO TAX DIFFERENCE 46. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION - BOOK TO TAX DIFFERENCE 80,907. 291596 291596 15678 1700 85315 291596 291596 15678 1700 85315 102693 188903 1 NEIGHBORWORKS AMERICA WACO 922 FRANKLIN WACO TX 76701 742681649 501(C)(3) 3645000 0 CASH VALUE HOMEOWNERSHIP PROMOTION HOMEOWNERSHIP PROMOTION 693 24710 CASH VALUE PART I, LINE 2: GRANTS TO ORGANIZATIONS ARE OVERSEEN BY A DESIGNATED AVENUE STAFF MEMBER WHO REVIEWS THE IMPLEMENTATION OF THE GRANT AND ENSURES PROPER DOCUMENTATION IS SUBMITTED. GRANTS TO INDIVIDUALS ARE ADMINISTERED BY AVENUE STAFF MEMBERS WHO REVIEW ELIGIBILITY, OVERSEE EXPENDITURES AND DOCUMENT THE USE OF THE FUNDS. 0 0 0 0 0 0 0 0 0 MARY LAWLER CEO 204638 0 0 0 0 0 0 0 34175 0 238813 0 0 0 ALAN MAYNIE VP, ASSET MANAGEMENT 102685 0 0 0 0 0 0 0 14036 0 116721 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE TAXPAYER DELEGATED THE MANAGEMENT OF APARTMENT PROJECTS OWNED BY THEIR SINGLE MEMBER LIMITED LIABILITY COMPANIES TO CERTAIN MANAGEMENT COMPANIES. FORM 990, PART VI, SECTION B, LINE 11B BOARD OF DIRECTORS AND OFFICERS ARE GIVEN HARD COPIES OR A PDF COPY OF THE FORM 990 FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS & KEY EMPLOYEES ARE REQUIRED TO SIGN A FORM ANNUALLY INDICATING THE UNDERSTANDING AND ACCEPTANCE OF AVENUE'S CODE OF CONDUCT AND CONFLICT OF INTEREST POLICY. THE STATEMENTS ARE FILED IN AVENUE'S OFFICE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES IS DETERMINED BY HE BOARD OF DIRECTORS. THE BOARD TAKES INTO CONSIDERATION THE ESPONSIBILITIES AND RISKS ASSOCIATED WITH THE POSITION AS WELL AS ERFORMANCE. LOCAL COMPENSATION TRENDS WITHIN THE NON-PROFIT INDUSTRY ARE EVIWED AS PART OF THE PROCESS. FORM 990, PART VI, SECTION C, LINE 18 AVENUE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND TAX RETURNS AVAILABLE VIA PDF FILE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 AVENUE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND TAX RETURNS AVAILABLE VIA PDF FILE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BOOK TO TAX DIFFERENCE 80,445. 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