Nonprofit · EIN 45-2412695
AVONDALE DEVELOPMENT CORPORATION
Tax-exempt · CINCINNATI, OH 45229
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $869,429 | $845,836 | $23,593 | $775,322 | $496,216 | $279,106 |
| December 31, 2023 | 990 (amended) | $906,019 | $1,500,446 | -$594,427 | $1,280,591 | $1,031,145 | $249,446 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,118,145
- of which government grants
- $740,449
- Program service revenue
- $137,764
- Investment income
- $21
- Other revenue
- -$386,501
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $110,062
- Other salaries and wages
- $232,011
- Salaries, compensation and benefits (total)
- $421,933
- Professional fundraising fees
- $0
- Legal fees
- $6,655
- Accounting fees
- $77,070
- Occupancy
- $25,291
- Travel
- $2,850
- Depreciation
- $2,942
- Program services (functional)
- $461,019
- Management and general (functional)
- $384,817
Balance sheet and other
- Total assets, start of year
- $1,280,591
- Total assets, end of year
- $775,322
- Total liabilities, end of year
- $496,216
- Net assets, end of year
- $279,106
- Land, buildings and equipment
- $43,956
- Net assets without donor restrictions
- $123,935
- Net assets with donor restrictions
- $155,171
- Gross receipts
- $869,429
- Employees
- 6
- Volunteers
- 13
- Year formed
- 2011
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSSELL HAIRSTON | Executive Director Key employee | 40 | $110,062 |
| AISHA TXILLAH | Director of Real Estat Key employee | 40 | $82,567 |
| PATRICK CARTIER | Diector of Operations Key employee | 40 | $57,427 |
| TONY MOORE | Trustee Trustee or director | 1 | $0 |
| ANTOINETTE SELVEY MADDOX | Trustee Trustee or director | 1 | $0 |
| MORAG ADLON | Trustee Trustee or director | 1 | $0 |
| HENRY BROWN | Trustee Trustee or director | 1 | $0 |
| ROYCE SUTTON | Chairman Trustee or director | 1 | $0 |
| BROOKE RAPP | Trustee Trustee or director | 1 | $0 |
| VANESSA SMEDLEY | Trustee Trustee or director | 1 | $0 |
| VINCE TERRY | Vice President Trustee or director | 1 | $0 |
| MARK FISCHER | Trustee Trustee or director | 1 | $0 |
| BELINDA WALLACE | Trustee Trustee or director | 1 | $0 |
| ROSEMARY OGLESBY | Trustee Trustee or director | 1 | $0 |
| SANDRA JONES-MITCHELL | Trustee Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RASHEDA CROMWELL | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Russell Hairston | Executive Dir. Trustee or director | 40 | $122,226 |
| Derek McCain | – | 40 | $109,280 |
| Patrick Cartier | Manager Communications outreach | 40 | $76,532 |
| Mark Fisher | Trustee Trustee or director | 1 | $0 |
| Belinda Tubbs-Wallace | Trustee Trustee or director | 1 | $0 |
| Morag Adlon | Trustee Trustee or director | 1 | $0 |
| Antoinette Selvey-Maddox | Trustee Trustee or director | 1 | $0 |
| Tony Moore | Trustee Trustee or director | 2 | $0 |
| Tamara Lang | Trustee Trustee or director | 1 | $0 |
| Rosemary Oglesby | Trustee Trustee or director | 0 | $0 |
| Brian Groemminger | Trustee Trustee or director | 0 | $0 |
| Dean Owen Thompson | Trustee Trustee or director | 0 | $0 |
| Henry Brown | Trustee Officer | 4 | $0 |
| Royce Sutton | Chairman Officer | 1 | $0 |
| Markiea Carter | Treasurer Officer | 1 | $0 |
| Vincent 0 Terry | Vice President Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3635 READING RD STE 200, CINCINNATI, OH 45229-2399
- In care of
- % RUSSELL HAIRSTON
- Principal officer (990 for 2024)
- Russell Hairston, 3635 Reading Road Ste 200, Cincinnati, OH 45229
- Signed the 990
- RUSSELL HAIRSTON, Executive Director
- Website
- www.growavondale.org
- Return prepared by
- THE NET'S EFFECT COMPANY LLC
Mission
See Schedule O
Program accomplishments
- Real Estate Development to address the need for new housing units, the rehabilitation of existing housing units, and developing economic opportunities for residents, and minority and women-owned businesses.Expenses $306,578
- Community Engagement to develop effective methods of outreach and communication with Avondale residens in a way that invites them to be part of redevelopment initiatives by using various forms of messaging to connect and engage with owners, renters, and busineses through community engagement forums, print and electromic media forms of communication.Expenses $133,902
- Special beautification project for Art Mural at the South Avondale SchExpenses $20,539
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-2412695
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $775,322
- Income (IRS master file)
- $869,429
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $869,429 | $845,836 | $775,322 | XML |
| 990 | December 2023 | $906,019 | $1,500,446 | $1,280,591 | XML |
| 990 | December 2022 | $1,212,306 | $668,905 | $4,023,756 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2412695).
Questions about AVONDALE DEVELOPMENT CORPORATION
- What is the EIN of AVONDALE DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of AVONDALE DEVELOPMENT CORPORATION is 45-2412695.
- Is AVONDALE DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to AVONDALE DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AVONDALE DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AVONDALE DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AVONDALE DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AVONDALE DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names Russell Hairston.
- Who are the officers and directors of AVONDALE DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 16 people; 3 received compensation from the organization, the highest $110,062 (RUSSELL HAIRSTON, Executive Director).
- How much revenue does AVONDALE DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $869,429, expenses of $845,836 and total assets of $775,322 at year end.
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