Avalon Nonprofit Housing Corp.

Interesting data from their 2019 990 filing

The non-profit's mission, as described in the filing, is “The mission of avalon nonprofit housing corporation is to develop, own, and/or manage permanent leased housing that is affordable to low-income people, including those with low wage employment or on fixed incomes. avalon nonprofit housing corporation is committed to the inclusion of persons with disabilities and special needs who are underserved in the housing market. in operating housing, avalon nonprofit housing corporation will utilize an enhanced management approach which maximizes problem solving with tenants, minimizes eviction, and ensures financial viability, property maintenance and safety. avalon nonprofit housing corporation will seek to develop housing in a variety of locations within the cities of ann arbor and ypsilanti, and more widely in washtenaw country in response to identified needs.”.

When describing its duties, they were characterized as: “The mission of avalon nonprofit housing corporation is to develop, own, and/or manage permanent leased housing that is affordable to low-income people, including those with low wage employment or on fixed incomes. avalon nonprofit housing corporation is committed to the inclusion of persons with disabilities and special needs who are underserved in the housing market. in operating housing, avalon nonprofit housing corporation will utilize an enhanced management approach which maximizes problem solving with tenants, minimizes eviction, and ensures financial viability, property maintenance and safety. avalon nonprofit housing corporation will seek to develop housing in a variety of locations within the cities of ann arbor and ypsilanti, and more widely in washtenaw country in response to identified needs.”.

• The non-profit has complied with legal regulations by reporting their state of operation as MI.
• The filing shows that the non-profit's address as of 2019 is 1327 JONES DRIVE SUITE 102, ANN ARBOR, MI, 48105.
• As of 2019, the non-profit has reported a total of 139 employees on their form.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are greater than $1,000,000.
• Revenue is greater than $1,000,000.
• Revenue less expenses is -$321,366.
• The compensation of the CEO of the organization is subject to review and approval by an independent body.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 12 independent voting members.
• The organization was formed in 1992.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule O.
• The organization pays $3,951,821 in salary, compensation, and benefits to its employees.
• The organization pays $176,179 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization has fundraising events.
• The organization's financial statements were reviewed by an accountant.