Metropolitan Affordable Housing Corporation

Cornerstone Community Housing

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 931078543 ✦ Eugene, OR ✦ Designated as a 501(c)(3)

Overview

What is Metropolitan Affordable Housing Corporation?

Metropolitan Affordable Housing Corporation, doing business as Cornerstone Community Housing, is a nonprofit organization situated in Eugene, Oregon. Their primary focus is providing safe and affordable housing for families living on limited incomes. By delivering services directly to their clients, they strive to promote personal growth and economic independence. Their mission goes beyond offering a basic necessity, viewing housing as a vital component in creating a pathway out of poverty. With a dedicated workforce of 20 individuals, Cornerstone Community Housing aims to significantly impact low-income households by offering more than just a place to live.


Official website here: www.cornerstonecommunityhousing.org

Is Metropolitan Affordable Housing Corporation legitimate?

Metropolitan Affordable Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Affordable Housing Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $210,299
Professional Fundraising Fees: $0
Other Salaries and Wages: $584,098

For more financial information, click here


Official website here: www.cornerstonecommunityhousing.org

What is the mission statement of Metropolitan Affordable Housing Corporation?

Metropolitan Affordable Housing Corporation, often referred to as Cornerstone Community Housing, is committed to providing high-quality, affordable housing for individuals living on limited incomes. Their mission extends beyond just housing, offering services that foster opportunities for personal growth and economic independence. By delivering their services directly to the individuals they serve, they aim to make a significant impact on low-income households. Cornerstone believes that a dignified, affordable living space is more than a basic need; it serves as a crucial step towards breaking the cycle of poverty. Their mission is to build and maintain affordable housing, offering a pathway for residents to enhance their lives and achieve financial independence.


Official website here: www.cornerstonecommunityhousing.org

Who is the CEO of Metropolitan Affordable Housing Corporation?

Darcy Phillips is the Executive Di of Metropolitan Affordable Housing Corporation.


Official website here: www.cornerstonecommunityhousing.org

What is the revenue of Metropolitan Affordable Housing Corporation?

Metropolitan Affordable Housing Corporation's revenue in 2022 was $2,391,383.


Official website here: www.cornerstonecommunityhousing.org

Who are the executives of Metropolitan Affordable Housing Corporation and what are their salaries?

The average compensation at Metropolitan Affordable Housing Corporation during 2022 was $39,720. There are 20 employees and 25 volunteers at Metropolitan Affordable Housing Corporation.

Here are 15 key members and their salaries:

    Darcy Phillips (Executive Di)
  • Compensation: $115,790
  • Related: $0
  • Other: $1,742

    • Michelle Cady (Operations D)
  • Compensation: $85,471
  • Related: $0
  • Other: $7,296

    • Vicki Gray (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Larson (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • B Dean Huber (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amber Alexander (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holly Bick (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Steck (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Voorhees (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Farrington (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mario Conte (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Yeh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Walsh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yareli Moreno (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jillian Drewes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cornerstonecommunityhousing.org

    Where can I find the form 990 for Metropolitan Affordable Housing Corporation?

    The Metropolitan Affordable Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cornerstonecommunityhousing.org

    Learn more at the official website: www.cornerstonecommunityhousing.org

    Mission Statement of Metropolitan Affordable Housing Corporation

    Metropolitan Affordable Housing Corporation, often referred to as Cornerstone Community Housing, is dedicated to providing quality, affordable housing for individuals living on limited incomes. Their mission goes beyond just providing a place to live; it also includes offering services that foster opportunities for personal growth and economic independence. By delivering these services directly to their clients, Metropolitan Affordable Housing Corporation aims to significantly impact low-income households, viewing a dignified, affordable residence as more than a basic necessity. It serves as a crucial component in providing a pathway out of poverty.

    Impact

    This information is meant to be a general summary of Metropolitan Affordable Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Metropolitan Affordable Housing Corporation, operating as Cornerstone Community Housing, plays a crucial role in providing safe and affordable housing for low-income families. By focusing on property operations and management, this organization ensures that individuals living on limited incomes have access to dignified living spaces that serve as a pathway out of poverty. Through their services that promote personal growth and economic independence, Metropolitan Affordable Housing Corporation positively impacts the lives of those in need by offering not just shelter, but also opportunities for advancement and stability.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-308,125
  • Program Service Revenue: $1,892,833
  • Gross Receipts: $2,729,090

    • Assets and Liabilities:
  • Total Assets: $29,369,753
  • Total Liabilities: $6,878,222
  • Net Assets: $22,491,531
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL AND RELATED INCOME

    Revenue

    $940,828

    SPONSOR LOAN INTEREST INCOME

    Revenue

    $469,649

    RESIDENTIAL SERVICES FEE

    Revenue

    $351,764

    DEVELOPMENT FEES

    Revenue

    $80,959

    COMPANY ADMINISTRATIVE FEES

    Revenue

    $49,633

    Organization Details

    Founding Year

    1991

    Principal Officer

    Darcy Phillips

    Main Address

    PO BOX 11923, EUGENE, OR, 97440

    NTEE Category

    Code: Z99Z - Unknown

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