Maple Avenue Economic Development Corporation Of Dallas

Organization Overview

Maple Avenue Economic Development Corporation Of Dallas is located in Dallas, TX. The organization was established in 1983. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maple Avenue Economic Development Corporation Of Dallas is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Maple Avenue Economic Development Corporation Of Dallas generated $3.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FOSTER, SUPPORT, ACQUIRE, CONSTRUCT, REHABILITATE AND OPERATE QUALIFIED AFFORDABLE HOUSING FOR LOW-INCOME PERSONS AND FAMILIES AND THE ELDERLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE LIMITED INCOME FAMILIES WITH A HOUSING SITUATION THAT IS AFFORDABLE AND CONDUCIVE TO RAISING A FAMILY.


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Board, Officers & Key Employees

Name (title)Compensation
John Avila
Secretary-Treasurer
$0
Ray Quintanilla
President
$0
Ricardo Medrano
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sanchez Group Llc
Consulting
$131,581
Dunn Sheehan Llp
Legal
$169,192
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,299,462
Investment income $499
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,299,961

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