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EIN 63-1088214

MLK Avenue Redevelopment Corporation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Mobile
State
Alabama
Year formed
1993
Most recent tax filings
2022-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
MLK Avenue Redevelopment Corporation engages in community redevelopment with a mission to enrich the MLK community and its residents. The board and executive director determine other programs, which work alongside the affordable homes program. As part of this initiative, MLK purchases vacant lots and dilapidated structures to construct new affordable homes for sale to qualifying low to moderate income persons through the chdo grant program. Additionally, MLK facilitates a lease program.
Total revenues
$29,911
2022
Total expenses
$168,805
2022
Total assets
$1,037,064
2022
Num. employees
1
2022

Program areas at MLK Avenue Redevelopment Corporation

MLK buys vacant lots and dilapidated structures, which are demolished, and constructs new affordable homes for sale to qualifying low to moderate income persons under the chdo grant program. No homes were sold during the year. MLK also facilitates a lease purchase program where applicants can rent homes renovated by the organization to establish credit to eventually purchase the home.
MLK provides other programs on an as needed basis. This is determined by the board and executive director. These programs work in conjunction with the affordable homes program in an effort to enrich the MLK community and its residents. At times, MLK participates in a program named financial education which targets individuals and teaches them basic financial management techniques. This program did not take place in the current year.

Personnel at MLK Avenue Redevelopment Corporation

NameTitleCompensation
Daphne PierceExecutive Director$90,000
Samantha SandersVice Chairman$0
Christopher LeeAdvisory Board$0
Darrell RandleChdo Board Chairman / Chairman / Secretary and Treasurer$0
Carlos GantSecretary | Treasurer / Secretary and Treasurer / Vice Chairman / Advisory Board$0
...and 4 more key personnel

Financials for MLK Avenue Redevelopment Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$29,911
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$29,911

Form 990s for MLK Avenue Redevelopment Corporation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-10-25990View PDF
2020-122021-11-12990View PDF
2019-122021-04-02990View PDF
2018-122020-02-04990View PDF
2017-122018-11-15990View PDF
...and 8 more Form 990s

Organizations like MLK Avenue Redevelopment Corporation

OrganizationLocationRevenue
Roosevelt County Community Development CenterPortales, NM$125,593
Mainstreet of FremontFremont, NE$59,396
Rifle Economic Development CorporationRifle, CO$102,665
Skyway Marina DistrictSaint Petersburg, FL$95,782
Barre 2000 and BeyondBarre, VT$141,533
Corktown Community Development FundDetroit, MI$14,310
Norfolk Innovation CorridorNorfolk, VA$106,324
Little Kanawha Area Development CorporationElizabeth, WV$67,204
Columbus Empowerment CorporationColumbus, OH$118,826
San Antonio Community Development CorporationOakland, CA$85,716
Data update history
May 30, 2023
Updated personnel
Identified 1 new personnel
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
April 30, 2021
Posted financials
Added Form 990 for fiscal year 2018
May 19, 2020
Updated personnel
Identified 1 new personnel
November 7, 2018
Posted financials
Added Form 990 for fiscal year 2017
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donations
General information
Address
PO Box 2204
Mobile, AL 36652
Metro area
Mobile, AL
County
Mobile County, AL
Website URL
mlkarc.com/ 
Phone
(251) 432-3073
IRS details
EIN
63-1088214
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1993
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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