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 $737K in revenue, $784K in expenses, $6.8M in total assets for fiscal year 2025.

EIN: 141977260 ANN ARBOR, MI Housing Development, Construction & Management NTEE: L20 Latest filing: 2025

Total Revenue$737K

Total Expenses$784K

Total Assets$6.8M

Grant Records0

Filing Years2021–2025

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.

Where $100 goes at Avalon Second Nonprofit Housing Corporation

How Avalon Second Nonprofit Housing Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$97 Programs the work itself

$3 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$97

Organization develops, renovates and manages low-income housing units

All program spending

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Jeff Wojcik

PRESIDENT Jeremy Lapedis

SECRETARY Linda Rexer

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2025	$737K	$784K	$6.8M
2024	$667K	$852K	$6.2M
2023	$657K	$704K	$6.4M
2022	$619K	$666K	$6.2M
2021	$555K	$576K	$6.3M

Between 2021 and 2025, reported annual revenue grew from $555K to $737K (+33%), with total assets most recently reported at $6.8M.

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

See the full picture for AVALON SECOND NONPROFIT HOUSING CORPORATION

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