2025-10-07T17:21:06-04:00 2024-12-31 930819646 JONES & ROTH PC PO BOX 10086 EUGENE OR 97440 990 2024-01-01 931078543 METROPOLITAN AFFORDABLE HOUSING CORPORATION METR 5416831751 PO BOX 11923 EUGENE OR 97440 JEFFERY YODER TREASURER 5416831751 2025-10-02 true true KARI YOUNG P01325552 5416872320 2025-10-02 2024 2025-03-06 01:10:19Z CORNERSTONE COMMUNITY HOUSING DARCY PHILLIPS PO BOX 11923 EUGENE OR 97440 10013388 false X CORNERSTONECOMMUNITYHOUSING.ORG X 1991 OR PROVIDE QUALITY, AFFORDABLE HOUSING FOR PEOPLE LIVING ON LIMITED INCOMES, AND OFFER SERVICES THAT PROMOTE OPPORTUNITIES FOR PERSONAL GROWTH AND ECONOMIC INDEPENDENCE. 10 10 28 45 0 3970838 5345530 3719288 4274181 134511 153470 -16706 221565 7807931 9994746 0 0 1565016 1932887 0 159156 3300722 4168616 4865738 6101503 2942193 3893243 38014341 45183762 15931871 19124603 22082470 26059159 PROVIDE QUALITY, AFFORDABLE HOUSING FOR PEOPLE LIVING ON LIMITED INCOMES, AND OFFER SERVICES THAT PROMOTE OPPORTUNITIES FOR PERSONAL GROWTH AND ECONOMIC INDEPENDENCE. false false 3506000 3272136 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. 1626932 1002045 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. 236915 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. 5369847 true true false false false false false false false false true true false false true false false true false false false false false false true false false false false true false false false false false false false false true false false false true true false false false true 11 0 28 true false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true true true OR X DARCY PHILLIPS 5416831751 PO BOX 11923 EUGENE OR 97440 DARCY PHILLIPS EXECUTIVE DI 40.00 X 141969 0 16543 MICHELLE MARTIN CFO 40.00 X 120583 0 11008 MICHELLE CADY OPERATIONS D 40.00 X 111005 0 12080 PHIL FARRINGTON PRESIDENT 2.00 X X 0 0 0 CARL YEH VICE PRESIDE 2.00 X X 0 0 0 JEFFERY YODER TREASURER 2.00 X X 0 0 0 MARIO CONTE SECRETARY 2.00 X X 0 0 0 AMBER ALEXANDER BOARD MEMBER 1.00 X 0 0 0 HOLLY BICK BOARD MEMBER 1.00 X 0 0 0 JILLIAN DREWES BOARD MEMBER 1.00 X 0 0 0 SARAH MEANS BOARD MEMBER 1.00 X 0 0 0 ANDREA VOORHEES BOARD MEMBER 1.00 X 0 0 0 JULIE WEISMANN BOARD MEMBER 1.00 X 0 0 0 373557 39631 3 false true false 283 141576 4725379 478292 201063 5345530 RENTAL AND RELATED INCOME 531110 3048238 3048238 RESIDENTIAL SERVICES FEE 531110 1002045 1002045 SPONSOR LOAN INTEREST INCOME 531190 202512 202512 COMPANY ADMINISTRATIVE FEES 812900 21386 21386 4274181 153470 153470 141576 18642 -18642 OTHER REVENUE 900099 240207 240207 240207 9994746 4274181 393677 413187 252376 40468 120343 1225063 1023048 193017 8998 129694 104127 19321 6246 1962 772 1190 162981 132099 23389 7493 203669 203669 30622 102 30520 48919 48919 20548 13735 462 6351 254555 216925 29838 7792 1052283 997923 53470 890 576997 576997 1228728 1220988 7740 88725 70651 17363 711 RESIDENT SERVICES 264467 264467 CONTRACT SERVICES 114649 20810 93839 MISCELLANEOUS 104584 99081 5478 25 DEVELOPMENT EXPENSE 84454 84454 95416 87623 7486 307 6101503 5369847 572500 159156 476751 726303 2502618 3108658 229152 893788 2990019 3127716 74601 108965 37909317 5747250 28798403 32162067 2600591 4745142 261746 261746 80460 49377 38014341 45183762 362470 1179125 6479409 59971 8265735 16738062 824257 1147445 15931871 19124603 X 15520344 19416696 6562126 6642463 22082470 26059159 38014341 45183762 3893243 83446 X false true X true true true X 756179 1153964 828254 3970838 5345530 12054765 756179 1153964 828254 3970838 5345530 12054765 59178 11995587 14315 5174 7173 134328 153470 314460 67700 50987 630 3615 240207 363139 12732364 13097146 0.94210 0.93730 X PART II, LINE 10 OTHER REVENUE 148,519 DEVELOPER FEE INCOME 214,620 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2846434 2846434 25168627 4831885 20336742 1048389 634842 413547 309838 280523 29315 8536029 8536029 32162067 TREASURY BILLS 4745142 F 4745142 DEVELOPMENT CONSULTANT FEES PAYABLE 581242 REFUNDABLE ADVANCE 338779 TENANT SECURITY DEPOSITS 177027 OPERATING LEASE LIABILITY 50397 1147445 HOUSING HEROES 141576 141576 9899 1065 7678 141576 141576 9899 1065 7678 18642 -18642 X X X X X false false false false false false false false false DARCY PHILLIPS EXECUTIVE DIRECTOR 141969 9585 6958 158512 X 42555 FAIR MARKET VALUE X 7 158508 STATE ASSIGNED VALUES false false false FORM 990, PAGE 1, PART I, LINE 6 BOARD MEMBERS ARE VOLUNTEERS. OTHER VOLUNTEERS PROVIDE OFFICE/PROGRAM VOLUNTEER SERVICES. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE BOARD TREASURER FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD MEETS QUARTERLY AND IS AVAILABLE TO MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. AD HOC COMPLIANCE COMMITTEE IS AVAILABLE TO REVIEW ANY CASES AS NECESSARY. OUTSIDE LEGAL COUNCIL IS RETAINED IF NECESSARY TO ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEWS COMPARATIVE MARKET DATA FOR SALARY RANGES FOR THE EXECUTIVE DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 15B THE EXECUTIVE DIRECTOR REVIEWS COMPARATIVE MARKET DATA FOR SALARY RANGES FOR KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC REQUEST FROM THE ORGANIZATION. FINANCIAL INFORMATION IS ALSO AVAILABLE FROM THE OREGON DEPARTMENT OF JUSTICE. FORM 990 IS ALSO AVAILABLE FOR REVIEW ON-LINE. 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