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
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Metropolitan Affordable Housing Corporation has achieved an impressive 96% rating from Charity Navigator, indicating a high level of accountability and financial health. The organization boasts a perfect score in several key areas, including independent board membership and financial oversight, which reflects strong governance practices. Their program expense ratio of 85.91% demonstrates a commitment to allocating funds directly towards their mission.
The organization excels in creating a positive culture and community engagement, receiving a perfect score in this category as well. Feedback collection and usage are integral aspects of their operations, ensuring that they listen to and act upon the needs of the community they serve. This responsiveness indicates a well-rounded approach to nonprofit management.
While the data highlights substantial strengths in governance and program delivery, the overall focus remains on their financial practices and community involvement. There are no noted limitations in the data, suggesting that Metropolitan Affordable Housing Corporation operates with a high degree of transparency and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Metropolitan Affordable Housing Corporation?
100% of 15 reviewers on Facebook recommend the Metropolitan Affordable Housing Corporation. Here is a summary of their reviews:
Many individuals express strong satisfaction with their living conditions, describing their homes as great and the community as welcoming. Residents find value in the various classes and activities available, which contribute positively to their lifestyle. Additionally, the support provided through programs like Food for Lane County is highly appreciated.
The dedicated resident service staff, particularly Guinevere, Casey, and Daiva, are frequently mentioned for their kindness and encouragement, further enhancing the positive experience in the community. Overall, the nonprofit is seen as effectively delivering on its promises and maintaining a supportive environment for its residents.
This AI summary has been generated from reviews found on Facebook.
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.
Heare 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:
- Compensation: $115,790
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- Other: $1,742
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- Other: $7,296
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Official website here: www.cornerstonecommunityhousing.org
Where can I find the form 990 for Metropolitan Affordable Housing Corporation?
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.
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Impact
July, 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.
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.
Financials
This financial information is from Propublica.
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
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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
Phone
(541) 683-1751Principal Officer
Darcy Phillips
Main Address
PO BOX 11923, EUGENE, OR, 97440
NTEE Category
Code: Z99Z - Unknown
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