Overview
What is Avalon Nonprofit Housing Corporation?
Avalon Nonprofit Housing Corporation, operating as Avalon Housing Inc, is a dedicated organization based in Ann Arbor, Michigan. Their mission is to establish sustainable, secure, and inclusive supportive housing communities as a lasting solution to homelessness. To achieve this goal, they employ an extensive property management team that fosters positive relationships with tenants, offering eviction prevention plans for at-risk individuals. Their enhanced property management model includes regular inspections, flexible payment plans, community meetings, and close collaboration with their support services team. Their workforce includes 120 individuals, all committed to improving their communities and the lives of those they serve.
Official website here: www.avalonhousing.org
What are the reviews and ratings of this charity?
**Rating: 81% (Three-Star out of Four Star Rating) from Charity Navigator**
The Avalon Nonprofit Housing Corporation has received an 81% rating from Charity Navigator, indicating a solid performance primarily focused on Accountability and Finance. This score shows effective governance practices with a fully independent board and robust financial oversight mechanisms in place. However, it is important to note that historical ratings did not encompass aspects such as Leadership & Adaptability, Culture & Community, or Impact & Measurement, which could provide a more comprehensive view of the organization.
The organization has excelled in several accountability metrics, including having an entirely independent board and strict adherence to financial auditing standards. They demonstrate a commendable commitment to transparency with policies for conflicts of interest and whistleblowing effectively in place. However, the absence of available tax forms on their website is a noticeable limitation, which affected their accountability profile.
At this time, there are no user reviews from GreatNonprofits, so community feedback is not available to provide additional insights into the experiences of those served by the organization. Overall, while Avalon Nonprofit Housing Corporation shows strength in financial accountability, further information about their impact and community engagement is needed for a complete assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Avalon Nonprofit Housing Corporation legitimate?
Avalon Nonprofit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avalon Nonprofit Housing 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $127,545
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,458,111
For more financial information, click here
Official website here: www.avalonhousing.org
What is the mission statement of Avalon Nonprofit Housing Corporation?
Avalon Nonprofit Housing Corporation's mission is centered around constructing healthy, secure, and inclusive supportive housing communities as a long-term solution to homelessness. Their aim is to provide a stable living environment for individuals in need. The organization's property management team works to establish positive relationships with their tenants and devise eviction prevention plans for those at risk. Their enhanced property management model includes weekly inspections, flexible payment plans, community meetings, and close collaboration with their support services team.
Official website here: www.avalonhousing.org
Who is the CEO of Avalon Nonprofit Housing Corporation?
Aubrey Patino is the Trustee of Avalon Nonprofit Housing Corporation.
Official website here: www.avalonhousing.org
What is the revenue of Avalon Nonprofit Housing Corporation?
Avalon Nonprofit Housing Corporation's revenue in 2022 was $8,635,923.
Official website here: www.avalonhousing.org
Who are the executives of Avalon Nonprofit Housing Corporation and what are their salaries?
The average compensation at Avalon Nonprofit Housing Corporation during 2022 was $29,880. There are 120 employees and 85 volunteers at Avalon Nonprofit Housing Corporation.
Here are 15 key members and their salaries:
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- Compensation: $127,545
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- Compensation: $106,057
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- Other: $5,473
- Compensation: $101,298
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- Other: $72
Official website here: www.avalonhousing.org
Where can I find the form 990 for Avalon Nonprofit Housing Corporation?
Avalon Nonprofit Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.avalonhousing.org
Learn more at the official website: www.avalonhousing.org
Mission Statement of Avalon Nonprofit Housing Corporation
Avalon Nonprofit Housing Corporation is dedicated to constructing healthy, safe, and inclusive supportive housing communities as a long-term solution to homelessness. Their mission is to foster strong relationships with their tenants through their property management team, implementing strategies such as regular inspections, payment plans, and community meetings. Additionally, Avalon offers eviction prevention plans for tenants in distress, demonstrating their commitment to providing sustainable housing solutions.
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Impact
July, 2024
Avalon's impact can be seen in the tangible difference it makes in addressing homelessness through the creation of healthy, safe, and inclusive supportive housing communities. Their property management team goes beyond standard practices by building positive relationships with tenants and implementing eviction prevention plans for those at risk. This enhanced property management model includes weekly inspections, payment plans, community meetings, and close coordination with their support services team. Through these efforts, Avalon contributes significantly to providing a long-term solution to homelessness in Ann Arbor, MI.
This information is meant to be a general summary of Avalon Nonprofit Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: $858,230
- Program Service Revenue: $2,691,081
- Gross Receipts: $8,650,026
Assets and Liabilities:
- Total Assets: $20,179,026
- Total Liabilities: $14,461,582
- Net Assets: $5,717,444
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING SERVICES INCOME
Revenue
$1,447,496
RENTAL INCOME
Revenue
$829,614
MANAGEMENT INCOME
Revenue
$333,092
DEVELOPER FEES
Revenue
$80,879
Organization Details
Founding Year
1992
Phone
(734) 663-5858Principal Officer
Aubrey Patino
Main Address
1327 JONES DRIVE SUITE 102, ANN ARBOR, MI, 48105
Website
www.avalonhousing.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Avalon Nonprofit Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.