2025-11-17T12:54:20-06:00 2024-12-31 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990 2024-01-01 760380602 Avenue Community Development Corporation AVEN 7138648099 3517 Irvington Blvd Houston TX 77009 Karen Briggs Gwin CFO 7138648099 2025-11-17 1 0 Barbara Murphy P01386215 7134395739 2025-11-17 2024 2025-03-06 01:10:19Z Mary Lawler 3517 Irvington Blvd Houston TX 77009 43414010 0 X avenuecdc.org X 1991 TX To invest in people, homes and communities to advance opportunity for all Houstonians. 17 17 33 324 760 0 3134294 4493211 7733258 5663950 723690 5362806 -627140 -413670 10964102 15106297 756617 119668 0 0 4124918 3530244 0 0 495002 9025025 12824266 13906560 16474178 -2942458 -1367881 87241602 63652158 64405768 43628114 22835834 20024044 X The mission of Avenue Community Development Corporation ("Avenue") is to invest in people, homes and communities to advance opportunity for all Houstonians. Continued on Schedule O. Avenue's vision is for all Houstonians to 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 1 13892315 5194482 Affordable Housing: Expenditures relating to the purchase, development, and maintenance of affordable multifamily housing and single-family housing for people living with low to moderate incomes. This activity includes the rental and operation of Avenue's rental portfolio. Avenue Center, the organization's headquarters, also rents space to other nonprofits serving this vulnerable population. 637285 55518 Community Initiatives: Fosters resident engagement, leadership, and collaboration to strengthen neighborhoods. Activities include life-skills training, civic engagement, volunteerism, and advocacy for community improvements. By working with residents, government agencies, community organizations, and businesses, Avenue helps increase public safety, beautify neighborhoods, promote health and wellness, improve educational outcomes, and support local arts and culture. 440820 119668 Family Asset-Building and Other Programs: Promotes homeownership and financial stability through education and counseling. Services include homebuyer education classes, pre- and post-purchase counseling, foreclosure intervention, and matched savings opportunities. During 2024, Avenue provided homebuyer education to 775 households, supported 114 new homeowners, assisted 108 households in preserving their homes, and helped 28 clients access matched savings. 14970420 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 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 1 1 0 0 1 24 0 1 33 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 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 Michael Tate Barkley President 1.00 0.25 X X 0 0 0 Jamie Bryant Vice President 1.00 0.25 X X 0 0 0 Daniel Ortiz Vice President 1.00 0.25 X X 0 0 0 Donna Espadas Treasurer 1.00 0.25 X X 0 0 0 Viola Solomon Secretary 1.00 0.25 X X 0 0 0 Marie Arcos Director 0.25 0.25 X 0 0 0 Janis Brackett Director 0.25 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 Winnie Kwok Director 0.25 0.25 X 0 0 0 John Price Director 0.25 0.25 X 0 0 0 Meena Rupani Director 0.25 0.25 X 0 0 0 Jose Sanchez Director 0.25 0.25 X 0 0 0 Cassandra Silvernail 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 Mary Lawler CEO 39.00 1.00 X 158462 0 15217 Karen Briggs Gwin CFO 39.00 1.00 X 154685 0 12782 Miriam Camero VP Programs 39.00 1.00 X 108178 0 11806 Darla Berry VP Fund Development 39.00 1.00 X 112629 0 12152 Jason Holoubek Real Estate Development Director 39.00 1.00 X 109942 0 11835 David Barron Controller 39.00 1.00 X 120928 0 7153 764824 0 70945 6 0 1 0 Cole Klein 717 Texas Ave Houston TX 77002 Construction 2258405 Principal Infrastructure 27080 Mandell Rd Cleveland TX 77328 Construction 1701584 Box PreFab 5311 Clinton Dr Houston TX 77020 Construction 1107784 Whitestone Construction 17530 TX 249 Access Rd Houston TX 77064 Construction 323000 Tempo 911 Maryland Dr Irving TX 75601 HVAC services 184897 5 119593 1708013 2665605 4493211 Rental revenue 531110 5566668 5566668 Education, other revenue 531390 55518 55518 Management income 531310 41764 41764 5663950 192550 192550 31428673 26258417 5170256 5170256 5170256 4575 119593 40346 -35771 -35771 1595000 2008950 -413950 -413950 NMTC revenue 900099 35291 35291 Cell tower rental 900002 760 760 36051 15106297 5250000 760 5362326 100918 100918 18750 18750 341148 238182 76914 26052 2732330 1983446 434852 314032 52762 36945 6929 8888 170050 127659 13724 28667 233954 163202 42408 28344 270591 270591 22047 22047 223597 84498 139099 32579 32579 834721 802851 31870 24484 7005 17479 213983 166669 31846 15468 272146 201819 46904 23423 848888 848888 2958763 2859493 99270 1558527 1486320 72207 793279 784269 9010 Program expenses 3571836 3571836 Repairs and maintenance 1044727 1043101 1626 Special Projects 112406 112406 Fundraising expenses 32649 32649 9043 6946 2097 16474178 14970420 1008756 495002 4810166 3663216 2159784 3627051 381358 639573 7818495 125513 20075181 3216817 4003729 644214 145582 31502161 11100827 42769609 20401334 3419543 1487286 3878780 79050 380099 27167380 87241602 63652158 3328869 2067357 108797 98027 60927198 35889149 40904 1750000 0 3823581 64405768 43628114 X 21544433 18732643 1291401 1291401 22835834 20024044 87241602 63652158 X -1367881 -1443909 X 0 1 X 1 1 1 X 7202793 3737651 3536999 3134294 4493211 22104948 7202793 3737651 3536999 3134294 4493211 22104948 2578401 19526547 209606 157470 170121 89841 192550 819588 168737 130849 197668 139061 760 637075 23561611 40850847 0.82870 0.85000 X 0.96560 0.01260 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4110039 4110039 26210917 10250099 15960818 1181205 850728 330477 20401334 NMTC notes receivable 3528769 F DPA loans 300941 F Build Aid loans 49070 F 3878780 Guaranty fee 161777 Due from affiliates 27005603 27167380 Deposits 115672 Due to affiliates 3707909 3823581 19238364 7105162 7105162 12133202 2973095 2973095 15106297 20101134 6600051 6600051 13501083 2973095 2973095 16474178 Part XI, Line 2d - Other Adjustments: Affiliate revenues 7,105,162. Part XI, Line 4b - Other Adjustments: Intercompany eliminations 2,973,095. Part XII, Line 2d - Other Adjustments: Affiliate expenses 6,600,051. Part XII, Line 4b - Other Adjustments: Intercompany eliminations 2,973,095. Art on the Avenue 124168 119593 4575 16311 550 23485 124168 119593 4575 16311 550 23485 40346 -35771 1 Legacy Community Health Services 1415 California St Houston TX 77006 760009637 501(c)(3) 7000 0 Healthy food access Wesley Community Center 1410 Lee St Houston TX 77009 741132578 501(c)(3) 30500 0 Food pantry MD Anderson Family YMCA 705 Cavalcade Houston TX 77009 741109737 501(c)(3) 23918 0 Food distribution Julia Hester House 2020 Solo St Houston TX 77020 741714283 501(c)(3) 10000 0 T4T program Magnolia Park Arts & Community 7515 Avenue J Houston TX 77012 853506874 501(c)(3) 10000 0 T4T program 5 Assistance - Guaranteed Income program 5 12500 Assistance - Money for Credit program 25 6250 Part I, Line 2: Avenue passes through funds to various community entities to assist with effective community support. 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 who review eligibility, oversee expenditures and document the use of funds. X X X 0 0 0 0 0 0 0 0 0 Mary Lawler CEO 158462 0 0 0 0 0 6406 0 8811 0 173679 0 0 0 Karen Briggs Gwin CFO 154685 0 0 0 0 0 4000 0 8782 0 167467 0 0 0 Form 990, Part III, line 3 Avenue decided to exit the NOAH initiative during the year. Form 990, Part VI, Section B, line 11b Directors and Officers are given electronic or hard copies of Form 990 for review before filing with the IRS. Form 990, Part VI, Section B, line 12c Officers, Directors, and Key Employees are required to annually sign a form indicating they understand and accept Avenue's Code of Conduct and Conflict of Interest Policy. The statements are kept in Avenue's office. Form 990, Part VI, Section B, line 15 Compensation of the Officers and Key Employees is determined by the Board of Directors. The Board takes into consideration the responsibilities and risks associated with the position as well as the individual's performance. Local compensation trends within the nonprofit industry are reviewed as part of this process. Form 990, Part VI, Section C, line 19 Electronic copies of these documents are made available to the public upon request. Form 990, Part XI, line 9: Audit adjustment to net assets -1,443,909. Avenue 2505 Washington LLC 3517 Irvington Blvd Houston TX 77009 814688343 Affordable housing TX 1003110 1610137 Avenue CDC Avenue Jeff Davis LLC 3517 Irvington Blvd Houston TX 77009 134207868 Affordable housing TX 390302 43053 Avenue CDC Avenue Station GP LLC 3517 Irvington Blvd Houston TX 77009 472413595 Affordable housing TX 790178 57 Avenue CDC Avenue Center Association LLC 3517 Irvington Blvd Houston TX 77009 883801970 Affordable housing TX 334061 674730 Avenue CDC Avenue Gale Winds LLC 3517 Irvington Blvd Houston TX 77009 850542703 Affordable housing TX 210748 100766 Avenue CDC Avenue Fulton & James LLC 3517 Irvington Blvd Houston TX 77009 872974526 Affordable housing TX 4175 554665 Avenue CDC Avenue Redwood Heights LLC 3517 Irvington Blvd Houston TX 77009 364559457 Affordable housing TX 690591 0 Avenue CDC Avenue Las Brisas Apartments LLC 3517 Irvington Blvd Houston TX 77009 455091888 Affordable housing TX 183514 0 Avenue CDC Avenue Oak Arbor II LLC 3517 Irvington Blvd Houston TX 77009 823334520 Affordable housing TX 1107883 0 Avenue CDC Avenue Casita NOAH 1 LLC 3517 Irvington Blvd Houston TX 77009 863487420 Affordable housing TX 2185038 0 Avenue CDC Avenue Mangum Oaks Apartments LLC 3517 Irvington Blvd Houston TX 77009 882292352 Affordable housing TX 141740 0 Avenue CDC Avenue Leeland Street Apartments LLC 3517 Irvington Blvd Houston TX 77009 883161419 Affordable housing TX 45507 0 Avenue CDC Avenue Development LLC 3517 Irvington Blvd Houston TX 77009 455146999 Affordable housing TX 0 Avenue CDC Avenue Community Capital LLC 3517 Irvington Blvd Houston TX 77009 832788681 Affordable housing TX 0 Avenue CDC Avenue on 34th Development LLC 3517 Irvington Blvd Houston TX 77009 850761908 Affordable housing TX 0 Avenue CDC Avenue Station Development LLC 3517 Irvington Blvd Houston TX 77009 472425082 Affordable housing TX 0 Avenue CDC Avenue Terraces Development LLC 3517 Irvington Blvd Houston TX 77009 472009747 Affordable housing TX 0 Avenue CDC Irvington Development LLC 3517 Irvington Blvd Houston TX 77009 271963406 Affordable housing TX 0 Avenue CDC Realty by Avenue LLC 3517 Irvington Blvd Houston TX 77009 822344646 Affordable housing TX 0 Avenue CDC Avenue Property Management LLC 3517 Irvington Blvd Houston TX 77009 852781784 Affordable housing TX 0 Avenue CDC Fulton Gardens Corporation 3517 Irvington Blvd Houston TX 77009 264518833 Sec. 202 housing TX 501(c)(3) Line 10 Avenue CDC 1 Fulton Gardens II Corporation 3517 Irvington Blvd Houston TX 77009 460610939 Sec. 202 housing TX 501(c)(3) Line 10 Avenue CDC 1 Irvington Court GP LLC 3517 Irvington Blvd Houston TX 77009 271034686 Affordable housing TX Avenue CDC C -50 25832 1.00000 1 Avenue Terraces GP LLC 3517 Irvington Blvd Houston TX 77009 471877779 Affordable housing TX Avenue CDC C -12 -7 1.00000 1 Avenue on 34th GP LLC 3517 Irvington Blvd Houston TX 77009 850737133 Affordable housing TX Avenue CDC C -1052161 -1052159 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0