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Avalon Nonprofit Housing Corporation

Also known as Avalon Housing Inc.

Ann Arbor, MI · EIN 38-3086920 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Avalon Nonprofit Housing Corporation reported $12.0 million in revenue and $11.2 million in expenses for calendar year 2024. Of every $100 it spent, $88.49 went to program services, $9.32 to management and general costs and $2.19 to fundraising. Its largest source of revenue was contributions and grants: 59.0% of the total. Government grants made up 48.2%. The highest compensation it reported for one person was $133,708 (DIRECTOR OF). 4 people received more than $100,000 in reportable compensation. Revenue rose 71% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $11M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $12M

Other revenue was negative: −$307. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
88.5%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
9.3%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
2.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
59.0%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
48.2%1.0%
Program service revenue share
Part VIII 2g ÷ 12
40.2%66.2%
Highest reported compensation
Part VII-A, columns D–F
$133,708$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.19%1.57%
People paid over $100,000
Part VII, line 2
45
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
6.610.0
Independent voting board members
Part VI 1a–1b
12 of 12100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$2.5M expenses · 24.9% of program spending · revenue $1.2M

Avalon's property management team works to support tenants by building positive relationships and creating eviction prevention plans for at-risk tenants. Examples of our enhanced property management model include weekly inspections, payment plans, community meetings and close coordination with our support services team

$7.0M expenses · 70.5% of program spending · revenue $2.2M

1. Supportive services: provides case management and support coordination catered to adults and families who have experienced or are currently experiencing homelessness through housing stabilization, goal planning, systems advocacy, and crisis intervention for people living on avalon properties, in addition to providing housing alternatives with affordable housing partners and in the private landlord market. These teams travel across the county on a daily basis to meet clients in their homes in order to provide individualized care that includes housing stabilization, goal planning, crisis…

$455K expenses · 4.6% of program spending · revenue $1.4M

As a nonprofit real estate developer, avalon develops, renovates, owns and manages units of supportive housing scattered across various sites in washtenaw county. Avalon properties are financed with a complex mix of non-traditional sources, including low income housing tax credits, federal grants and rent subsidies, to reduce debt and guarantee permanent affordability

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR OF
Highest compensated employee, 40.00 hrs/week
$112,764$0$20,944$133,708
EXECUTIVE DI
Officer, 40.00 hrs/week
$129,764$0$3,927$133,691
DIRECTOR OF
Highest compensated employee, 40.00 hrs/week
$107,250$0$8,125$115,375
DIRECTOR OF
Highest compensated employee, 40.00 hrs/week
$102,507$0$5,408$107,915
FORMER EXECU
Officer, 40.00 hrs/week
$39,490$0$410$39,900

4 people received more than $100,000 in reportable compensation from Avalon Nonprofit Housing Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $169K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$12M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$12M$11M88.5%$6.2M$133,708
2023 ⓘ$9.6M$10M88.4%$5.5M$162,389
2022 ⓘ$8.6M$7.9M88.4%$5.7M$127,617
2021 ⓘ$8.9M$7.3M89.6%$5.0M$114,567
2020 ⓘ$7.4M$6.4M88.7%$3.3M$113,368
2019 ⓘ$7.1M$6.5M89.0%$1.6M$98,511

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5156
  • Volunteers Part I, line 672

Private foundation grants it received

4 private foundations reported grants to Avalon Nonprofit Housing Corporation totaling $12,299 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Avalon Nonprofit Housing Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Avalon Nonprofit Housing Corporation, you can publish a response that is linked from this page.

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Questions people ask

How much of Avalon Nonprofit Housing Corporation's spending goes to programs?

In calendar year 2024, Avalon Nonprofit Housing Corporation reported that 88.5% of its $11.2 million in expenses went to program services, 9.3% to management and general and 2.2% to fundraising (Form 990, Part IX).

How much does Avalon Nonprofit Housing Corporation pay its top executive?

The largest total compensation Avalon Nonprofit Housing Corporation reported for one person in calendar year 2024 was $133,708, for the role of DIRECTOR OF (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Avalon Nonprofit Housing Corporation get its money?

Of $12.0 million in revenue in calendar year 2024, 59.0% came from contributions and grants (including 48.2% from government grants) and 40.2% from program service revenue (Form 990, Part VIII).

Is Avalon Nonprofit Housing Corporation a registered charity?

The IRS lists EIN 38-3086920 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202522259349301402 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202422079349301387 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202302869349300020 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202232729349300513 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202102319349301020 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202012939349300956 · read the filing

All filings for EIN 38-3086920: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.