Avondale Development Coroporation
Improves neighborhood quality of life through real estate development and community engagement. For fiscal year 2024 it reported $869K in revenue, $846K in expenses, and $279K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Cincinnati, OH
- Website
- www.growavondale.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
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.
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…
Special beautification project for Art Mural at the South Avondale Sch
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Russell Hairston’s $110K as Executive Director is at the 78th percentile of top reported officer pay among 1711 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Russell Hairston | — | $122,226 | $110,062 | $100,473 | $99,825 |
| Russell Hairston | $110,062 | — | — | — | — |
| Derek McCain | — | $109,280 | — | — | — |
| Aisha Txillah | $82,567 | — | — | — | — |
| Patrick Cartier | — | $76,532 | $49,239 | $47,460 | $48,560 |
| Maria Collins | — | — | $22,221 | $47,460 | $62,690 |
| Patrick Cartier | $57,427 | — | — | — | — |
| April Gallelli | — | — | $44,231 | $50,417 | $50,436 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 55% | — | — |
| Overhead ratio | 45% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -4% | — | — |
| Legal fee ratio | 0.8% | — | — |
| Accounting fee ratio | 9% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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