AVENUES REAL ESTATE HOLDING COMPANY

EIN: 333384237 501(c)(3) Human Services

MINNEAPOLIS, MN

Total Revenue
N/A
Total Expenses
$45,969
Total Assets
$17,388,541
Net Assets
$14,531
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2025
Legal Domicile
MN
Principal Officer
KATHERINE MEERSE
Phone
6128442002
Tax Period
2024-07-01 to 2025-06-30

Mission

AVENUES REAL ESTATE HOLDING COMPANY WAS CREATED BY AVENUES FOR YOUTH TO FINANCE THE CONSTRUCTION OF A NEW SHELTER (THE PROJECT). THE PROJECT WILL BE A NEW 3 STORY HOMELESS SHELTER, CONTAINING 20 TRANSITIONAL BEDS, 4 FIRST-STEP APARTMENTS, A COMMERCIAL KITCHEN, AND STAFF OFFICES, AND IS EXPECTED TO BE COMPLETED IN THE FISCAL YEAR ENDING JUNE 30, 2026. THE PROJECT IS DESIGNED TO BETTER MEET THE SHORT-TERM HOUSING NEEDS OF SHELTER GUESTS THROUGH COMPREHENSIVE ON-SITE SERVICES, WITH HOPES THAT GUESTS ACHIEVE INCREASED STABILITY AND BETTER HOUSING OUTCOMES AS A RESULT.

Program Service Accomplishments

Program 1
Expenses: $45,957

AVENUES REAL ESTATE HOLDING COMPANY WAS CREATED BY AVENUES FOR YOUTH TO FINANCE THE CONSTRUCTION OF A NEW SHELTER (THE PROJECT). THE PROJECT WILL BE A NEW 3 STORY HOMELESS SHELTER, CONTAINING 20...

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AVENUES REAL ESTATE HOLDING COMPANY WAS CREATED BY AVENUES FOR YOUTH TO FINANCE THE CONSTRUCTION OF A NEW SHELTER (THE PROJECT). THE PROJECT WILL BE A NEW 3 STORY HOMELESS SHELTER, CONTAINING 20 TRANSITIONAL BEDS, 4 FIRST-STEP APARTMENTS, A COMMERCIAL KITCHEN, AND STAFF OFFICES, AND IS EXPECTED TO BE COMPLETED IN THE FISCAL YEAR ENDING JUNE 30, 2026. THE PROJECT IS DESIGNED TO BETTER MEET THE SHORT-TERM HOUSING NEEDS OF SHELTER GUESTS THROUGH COMPREHENSIVE ON-SITE SERVICES, WITH HOPES THAT GUESTS ACHIEVE INCREASED STABILITY AND BETTER HOUSING OUTCOMES AS A RESULT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,957
Other Expenses $45,969
TOTAL EXPENSES $45,969

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $45,969 N/A N/A
Net Income N/A N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
3
Employees
N/A
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$158,132
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KOJO BAAFI CHAIR 1.00
Officer Director
$0 $0 $0
NICHOLAS MINDERMAN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN SAUNDERS SECRETARY 1.00
Officer Director
$0 $0 $0
HALEY WIGHTMAN TREASURER 1.00
Officer
$0 $0 $0
KATHERINE MEERSE PRESIDENT 1.00
Officer
$0 $13,649 $158,132
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data $45,969 $17,388,541 No data
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