Public Charity

AVALON SECOND NONPROFIT HOUSING CORPORATION

Based in ANN ARBOR, MI, AVALON SECOND NONPROFIT HOUSING CORPORATION operates as a Public Charity. The organization reported $667K in revenue, $852K in expenses, $6.2M in total assets for fiscal year 2024.

EIN: 141977260 ANN ARBOR, MI Latest filing: 2024
Total Revenue$667K
Total Expenses$852K
Total Assets$6.2M
Grant Records0
Filing Years2020–2024

Mission

THE MISSION OF AVALON SECOND 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 IN FIXED INCOMES. AVALON SECOND NONPROFIT HOUSING CORPORATION BELIEVES THAT HOUSING IS A HUMAN RIGHT. AVALON SECOND NONPROFIT HOUSING CORPORATION CONTRACTS FOR SUPPORTIVE SERVICES FOR ADULTS AND CHILDREN LIVING IN SUPPORTIVE HOUSING WITH THE GOALS OF HELPING THEM MAINTAIN HOUSING STABILITY, INCREASE SELF- DETERMINATION AND BUILD COMMUNITY. AVALON SECOND NONPROFIT HOUSING CORPORATION SEEKS TO DEVELOP SUPPORTIVE HOUSING IN A VARIETY OF LOCATIONS WITHIN WASHTENAW COUNTY AND OUTLYING AREAS IN RESPONSE TO IDENTIFIED NEEDS AND OPPORTUNITIES.

Officers & Directors

TREASURER Gary Bruder
PRESIDENT Jeremy Lapedis
SECRETARY Linda Rexer

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $667K $852K $6.2M
2023 $657K $704K $6.4M
2022 $619K $666K $6.2M
2021 $555K $576K $6.3M
2020 $610K $556K $6.2M

Between 2020 and 2024, reported annual revenue grew from $610K to $667K (+9%), with total assets most recently reported at $6.2M.

Interactive year-over-year charts and full filing details available with membership.

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