AVALON NONPROFIT HOUSING CORPORATION

EIN: 383086920 501(c)(3) Housing & Shelter

ANN ARBOR, MI

Total Revenue
$12,039,827
Total Expenses
$11,189,490
Total Assets
$23,799,372
Net Assets
$6,193,978
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
MI
Principal Officer
AARON COOPER
Phone
7346635858
Tax Period
2024-01-01 to 2024-12-31

AVALON NONPROFIT HOUSING CORPORATION, founded in 1992, is a mid-sized nonprofit in the Housing & Shelter sector that reported $12.0M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $11.2M left a modest 7% surplus.

Mission

OUR MISSION IS TO BUILD HEALTHY, SAFE AND INCLUSIVE SUPPORTIVE HOUSING COMMUNITIES AS A LONG-TERM SOLUTION TO HOMELESSNESS.

Program Service Accomplishments

Program 1
Expenses: $2,465,838 Revenue: $1,216,918

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...

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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.

Program 2
Expenses: $6,980,404 Revenue: $2,239,869

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...

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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 INTERVENTION, SUBSTANCE ABUSE RECOVERY SUPPORT, AND MEDICAL CASE MANAGEMENT ASSISTANCE. 2. MILLER MANOR SERVICES: PROVIDES COMPREHENSIVE ON-SITE SERVICES TO ADULTS IN A LARGE SINGLE-SITE DEVELOPMENT OWNED AND MANAGED BY THE ANN ARBOR HOUSING COMMISSION. OUR DIVERSE STAFF AT MILLER MANOR MANAGE A FRONT DESK AREA ON A 24/7 BASIS, COORDINATE A FOOD PANTRY ON-SITE, PRACTICE HARM REDUCTION WITH TENANTS, PROVIDE TRANSPORTATION WHEN NEEDED, AND COORDINATE SUPPORT AND SOCIAL GROUPS - SUCH AS GROUP LUNCHES, ART GROUPS, AND 12-STEP MEETINGS - WITHIN THE BUILDING. ADDITIONALLY, A HOME HEALTH AIDE AND PHYSICIAN ARE AVAILABLE ON-SITE TO MILLER MANOR TENANTS TO SUPPORT IMPROVED HEALTH OUTCOMES. 3. 411 N. ASHLEY HOUSE SERVICES: PROVIDES COMPREHENSIVE ON-SITE SERVICES TO ADULTS WITH SIGNIFICANT PHYSICAL AND BEHAVIORAL HEALTH NEEDS. MEDICATION MANAGEMENT IS A CRITICAL COMPONENT TO SERVICES RECEIVED. OUR STAFF AT N. ASHLEY HOUSE ARE RESPONSIBLE FOR MANAGING THE AGENCY-WIDE EMERGENCY TELEPHONE LINE SO THAT AVALON TENANTS ALWAYS HAVE SOMEONE TO TURN TO. ADDITIONALLY, IN-HOME CHORE SUPPORT SERVICES AND MEAL SERVICES ARE OFFERED TO TENANTS. THE HOME IS STAFFED ON A 24/7 BASIS. 4. COMMUNITY BUILDING SERVICES: AVALON'S UNIQUE COMMUNITY BUILDING TEAM BELIEVES A SENSE OF COMMUNITY IS INTEGRAL TO HOUSING STABILITY. THIS TEAM CREATES AND OFFERS OPPORTUNITIES FOR TENANTS TO ENGAGE WITH THEIR NEIGHBORS AND OTHER COMMUNITY MEMBERS. THE COMMUNITY BUILDING TEAM HOSTS WEEKLY FOOD PANTRIES, PLANS ANNUAL EVENTS FOR TENANTS, AND SUPPORTS AND EMPOWERS OUR TENANT LEADERSHIP COUNCIL. COMMUNITY CENTERS ARE AVAILABLE TO TENANTS FOR HOMEWORK, COMPUTER AND INTERNET USAGE, COPYING/SCANNING/PRINTING, COMMUNITY GATHERINGS, AND MORE. 5. OUTREACH SERVICES: PROVIDES RAPID REHOUSING AND ASSERTIVE HOUSING-FIRST BASED COMMUNITY OUTREACH AND CASE MANAGEMENT TO INDIVIDUALS WHO EXPERIENCE CHRONIC HOMELESSNESS. THE TEAM'S MAIN OBJECTIVES ARE TO ASSIST CLIENTS IN THE PRIVATE LANDLORD MARKET WITH OBTAINING AND MAINTAINING HOUSING, HELP CLIENTS ACHIEVE MEDICAL AND FINANCIAL STABILITY, AND CONNECT CLIENTS WITH COMMUNITY RESOURCES. AVALON'S OUTREACH TEAM ALSO COLLABORATES WITH PARTNER ORGANIZATIONS TO HOUSE CHRONICALLY HOMELESS INDIVIDUALS.

Program 3
Expenses: $455,316 Revenue: $1,381,053

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...

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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.

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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 $7,103,290
Program Service Revenue $4,837,840
Investment Income $99,004
Other Revenue $-307
TOTAL REVENUE $12,039,827

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,977,616
Fundraising Expenses $245,417
Program Expenses $9,901,558
Other Expenses $4,211,874
TOTAL EXPENSES $11,189,490

Year-over-Year Comparison

2024 2023 Change
Revenue $12,039,827 $9,644,768 +0.2%
Expenses $11,189,490 $10,010,869 +0.1%
Net Income $850,337 $-366,101 -3.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
156
Volunteers
72

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
$173,591
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA KESSLER TRUSTEE 1.00
Director
$0 $0 $0
GARY BRUDER TREASURER 2.00
Director
$0 $0 $0
ALLAN NEWMAN TRUSTEE 1.00
Director
$0 $0 $0
JEREMY LAPEDIS PRESIDENT 4.00
Officer Director
$0 $0 $0
ALEX THOMAS TRUSTEE 1.00
Director
$0 $0 $0
AUBREY PATINO FORMER EXECU 40.00
Officer
$39,490 $410 $39,900
LINDA REXER SECRETARY 2.00
Officer Director
$0 $0 $0
KELLY MOORE TRUSTEE 1.00
Director
$0 $0 $0
RYAN HENYARD TRUSTEE 1.00
Director
$0 $0 $0
CRYSTAL CAMPBELL VICE PRESIDE 2.00
Officer Director
$0 $0 $0
MICHAEL GOULD DIRECTOR OF 40.00
Highest
$102,507 $5,408 $107,915
MOLLY SMITH DIRECTOR OF 40.00
Highest
$107,250 $8,125 $115,375
ASHLEY BLAKE TRUSTEE 1.00
Director
$0 $0 $0
GREG COPP TRUSTEE 1.00
Director
$0 $0 $0
WENDY CARTY-SAXON DIRECTOR OF 40.00
Highest
$112,764 $20,944 $133,708
AARON COOPER EXECUTIVE DI 40.00
Officer
$129,764 $3,927 $133,691
LEROY DAVIS TRUSTEE 1.00
Director
$0 $0 $0
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
2024 $12,039,827 $11,189,490 $23,799,372 $850,337
2023 $9,644,768 $10,010,869 $19,543,148 $-366,101
2022 $8,635,923 $7,908,866 $20,179,026 $727,057
2021 $8,949,626 $7,255,891 $16,713,275 $1,693,735
2020 $7,416,492 $6,376,002 $14,490,415 $1,040,490
2019 $7,051,981 $6,542,627 $10,873,006 $509,354
2018 $6,034,875 $6,356,241 $11,603,523 $-321,366
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