Nonprofit · EIN 59-3131199
GRAND AVENUE ECONOMIC COMMUNITY DEVELOPMENT CORP
Tax-exempt · ORLANDO, FL 32808
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,052,800 | $8,170,780 | -$1,117,980 | $16,118,457 | $6,914,766 | $9,203,691 |
| December 31, 2023 | 990 | $8,057,507 | $8,077,242 | -$19,735 | $17,453,498 | $7,131,827 | $10,321,671 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,610,660
- of which government grants
- $2,548,393
- Program service revenue
- $4,381,631
- Investment income
- $60,509
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $2,083,911
- Salaries, compensation and benefits (total)
- $2,083,911
- Professional fundraising fees
- $0
- Accounting fees
- $77,918
- Occupancy
- $2,222,177
- Depreciation
- $1,604,452
- Program services (functional)
- $7,327,526
- Management and general (functional)
- $825,217
- Fundraising (functional)
- $18,037
Balance sheet and other
- Total assets, start of year
- $17,453,498
- Total assets, end of year
- $16,118,457
- Total liabilities, end of year
- $6,914,766
- Net assets, end of year
- $9,203,691
- Land, buildings and equipment
- $12,953,604
- Net assets without donor restrictions
- $9,203,691
- Gross receipts
- $7,052,800
- Employees
- 0
- Year formed
- 1992
- State of legal domicile
- FL
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 |
|---|---|---|---|
| Helaine Blum | President EmeritusCo-FounderCFO Officer | 20 | $119,662 |
| Carl Falconer | PresidentCEO Officer | 40 | $92,731 |
| Jann Rigell | Chairperson Trustee or director | 0.5 | $0 |
| Ladd Fassett | Director Trustee or director | 0.5 | $0 |
| Tom Hodges | Treasurer Trustee or director | 0.5 | $0 |
| Laura Whitfield | Director Trustee or director | 0.5 | $0 |
| Velvet Greene | Director Trustee or director | 0.5 | $0 |
| Michelle Howard | Secretary Trustee or director | 0.5 | $0 |
| Kevin Poole | Director Trustee or director | 0.5 | $0 |
| Larri Thatcher | Vice Chair Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Helaine Blum | CFOPresident EmeritusCo-Fou Officer | 40 | $123,187 |
| Babette Allen | Former PresidentCEO Former | 40 | $99,084 |
| Velvet Greene | Director Trustee or director | 0.5 | $0 |
| Laura Whitfield | Director Trustee or director | 0.5 | $0 |
| Kevin Poole | Director Trustee or director | 0.5 | $0 |
| Michelle Howard | Director Trustee or director | 0.5 | $0 |
| Norweida Maxwell | Secretary Trustee or director | 0.5 | $0 |
| Jann Rigell | Chairperson Trustee or director | 0.5 | $0 |
| Larri Thatcher | Director Trustee or director | 2 | $0 |
| Tom Hodges | Treasurer Trustee or director | 0.5 | $0 |
| Ladd Fassett | Director Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 3200 W COLONIAL DR, ORLANDO, FL 32808-8023
- In care of
- % HELAINE BLUM
- Signed the 990
- HELAINE BLUM, President EmeritusCo-FounderCFO
- Phone
- (407) 294-0123
- Website
- www.grandave.org
- Return prepared by
- LF Harris & Associates
Mission
Serving the homeless population and low income persons to provide affordable living and economic opportunities
Program accomplishments
- Supportive Housing - In 2024, Pathlight Home served approximately 700 individuals, with residents receiving case management services through one of Pathlight Homes supportive housing programs. Residents served include African American (57%) White (28%) Unknown (12%),Asian (2%) and Other(1%). By gender Male(46%) Female (41%) and unknown 13%). The average length of stay is 3.1 years. Since moving in to Pathlight Home, residents have improved their housing situations, safety, parenting skills, and management of their disabilities.Expenses $6,830,193
- The Drop in Center provides meals, social services and peer counseling for very low income and homeless persons with serious mental illness.200 persons were served during 2024.Expenses $318,266
- Training/Economic Opportunities - Pathlight Home serves individuals with barriers to employment through their programs, Pathlight Home Resource Center. Pathlight Kitchen culinary program offers 12-week basic culinary training including a food handler management certification, and ServSafe, and dining room and table service skills. 85% of Pathlight Kitchen culinary program participants obtained or maintained employment 6 months after the program, compared to only 12% who were employed prior to the program. During 2024 there were 170 participants in these training classes. Pathlight Employment Program - Employment counseling was offered to over 700 persons by our trained employment counselors. We also provided computers for job seekers to apply online and to search for jobs. We also provided classes in resume building, interviewing and job searching.Expenses $179,067
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
- 59-3131199
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20Z)
- Assets (IRS master file)
- $16,118,457
- Income (IRS master file)
- $7,052,800
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,052,800 | $8,170,780 | $16,118,457 | XML |
| 990 | December 2023 | $8,057,507 | $8,077,242 | $17,453,498 | XML |
| 990 | December 2022 | $9,149,222 | $7,497,120 | $17,064,348 | 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 59-3131199).
Questions about GRAND AVENUE ECONOMIC COMMUNITY DEVELOPMENT CORP
- What is the EIN of GRAND AVENUE ECONOMIC COMMUNITY DEVELOPMENT CORP?
- The employer identification number (EIN) of GRAND AVENUE ECONOMIC COMMUNITY DEVELOPMENT CORP is 59-3131199.
- Is GRAND AVENUE ECONOMIC COMMUNITY DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to GRAND AVENUE ECONOMIC COMMUNITY DEVELOPMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRAND AVENUE ECONOMIC COMMUNITY DEVELOPMENT CORP 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 GRAND AVENUE ECONOMIC COMMUNITY DEVELOPMENT CORP 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 GRAND AVENUE ECONOMIC COMMUNITY DEVELOPMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of GRAND AVENUE ECONOMIC COMMUNITY DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $119,662 (Helaine Blum, President EmeritusCo-FounderCFO).
- How much revenue does GRAND AVENUE ECONOMIC COMMUNITY DEVELOPMENT CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,052,800, expenses of $8,170,780 and total assets of $16,118,457 at year end.
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All nonprofits in ORLANDO · Florida · Community improvement and capacity building