EIN 93-1078543

Cornerstone Community Housing

IRS 501(c) type
501(c)(3)
Num. employees
28
City
State
Year formed
1991
Most recent tax filings
2023-12-01
Description
Cornerstone Community Housing is committed to building quality, affordable housing for people living on limited incomes and offering services that promote opportunities for personal growth and economic independence.
Also known as...
Metropolitan Affordable Housing Corporation
Total revenues
$7,807,931
2023
Total expenses
$4,865,738
2023
Total assets
$38,014,341
2023
Num. employees
28
2023

Program areas at Cornerstone Community Housing

Property operations and management: Metropolitan Affordable Housing Corporation d.b.a. Cornerstone Community Housing (Cornerstone) is dedicated to developing Affordable Housing communities that provide safe, stable, and supportive environments for residents. By combining Housing development with comprehensive resident services, Cornerstone not only addresses the immediate Housing needs but also promotes long-term stability and growth for the residents we serve.
Housing development: our development program focuses on creating high- quality, sustainable, and inclusive Housing solutions for individuals and families with low to moderate incomes. We achieve this through strategic partnerships, innovative financing, and a commitment to excellence in design and construction. We are dedicated to expanding our reach and enhancing the quality of life for the communities we serve, ensuring access to safe, Affordable, and supportive Housing.
Resident services: Cornerstone provides comprehensive support to enhance the well-being and stability of the residents we serve. We offer a variety of resident services designed to address the unique needs of our diverse population, which includes families, seniors, veterans, and individuals overcoming challenges such as domestic violence and substance abuse recovery. Our services include financial education, job training, health and wellness programs, youth activities, and food distribution. Households served represent largely diverse cultures that include african american, hispanic, american indian, asian, and multi-racial backgrounds.

Who funds Cornerstone Community Housing

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Oregon Community FoundationHousing$37,950
Enterprise Community PartnersCapacity Building$29,458
Crabby Beach FoundationTo Fulfill Organization's Charitable Purpose.$25,000
...and 4 more grants received

Personnel at Cornerstone Community Housing

NameTitleCompensation
Michelle MartinChief Financial Officer$115,453
Darcy PhillipsExecutive Director$134,788
Jeffery YoderTreasurer Eff 4 and 23$0
Vicki GrayVice President$0
Amber AlexanderSecretary$0
...and 5 more key personnel

Financials for Cornerstone Community Housing

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,970,838
Program services$3,719,288
Investment income and dividends$134,328
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$183
Net income from fundraising events$-20,321
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,615
Total revenues$7,807,931

Form 990s for Cornerstone Community Housing

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-16990View PDF
2022-122023-11-09990View PDF
2021-122022-08-18990View PDF
2020-122021-11-09990View PDF
2019-122020-12-16990View PDF
...and 10 more Form 990s
Data update history
December 3, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 1 new personnel
October 15, 2024
Updated personnel
Identified 1 new personnel
August 25, 2024
Received grants
Identified 1 new grant, including a grant for $29,458 from Enterprise Community Partners
July 20, 2024
Received grants
Identified 2 new grant, including a grant for $6,048 from United Way of Lane County
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
Fundraising eventsReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
PO Box 11923
Eugene, OR 97440
Metro area
Eugene-Springfield, OR
County
Lane County, OR
Website URL
cornerstonecommunityhousing.org/ 
Phone
(541) 683-1751
Facebook page
CornerstoneCommunityHousing 
Twitter profile
@cchlane 
IRS details
EIN
93-1078543
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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