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Corvallis Neighborhood Housing Services

Also known as Devnw

Springfield, OR · EIN 93-1057296 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Corvallis Neighborhood Housing Services reported $26.5 million in revenue and $12.1 million in expenses for calendar year 2024. Of every $100 it spent, $78.81 went to program services, $21.18 to management and general costs and $0.01 to fundraising. Its largest source of revenue was contributions and grants: 80.6% of the total. Government grants made up 52.0%. The highest compensation it reported for one person was $159,281 (CHIEF EXECUTIVE OFFICER). 9 people received more than $100,000 in reportable compensation. Revenue rose 308% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $26M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
78.8%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
21.2%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
80.6%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
52.0%1.0%
Program service revenue share
Part VIII 2g ÷ 12
16.5%66.2%
Highest reported compensation
Part VII-A, columns D–F
$159,281$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.31%1.57%
People paid over $100,000
Part VII, line 2
95
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
60.410.0
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$9.6M expenses · 100.0% of program spending · grants $3.1M · revenue $4.4M

The organization, through government grants, public support, and rental income, supports thriving, inclusive and healthy communities through renovation, development, construction, and operation of affordable housing, resident services and eviction prevention for residents of low income housing, financial/economic programs (including financial literacy classes and coaching, matched savings programs, and first time homebuyer programs), and policy change to support greater opportunity for low/moderate families and individuals

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 40.00 hrs/week
$147,529$0$11,752$159,281
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$134,184$0$11,777$145,961
DIR. OF CONSTRUCTION MGMT, NBC
Highest compensated employee, 0.00 hrs/week
$136,030$0$7,311$143,341
CHIEF CULTURE OFFICER
Highest compensated employee, 40.00 hrs/week
$121,768$0$10,330$132,098
CONSTRUCTION SUPERINTENDANT, NBC
Highest compensated employee, 0.00 hrs/week
$119,030$0$7,311$126,341
DIRECTOR OF DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$121,149$0$3,170$124,319
ASSET MANAGEMENT DIRECTOR
Highest compensated employee, 40.00 hrs/week
$109,042$0$7,311$116,353

9 people received more than $100,000 in reportable compensation from Corvallis Neighborhood Housing Services (Part VII, line 2). Compensation of current officers, directors and key employees totaled $305K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$26M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$26M$12M78.8%$61M$159,281
2023 ⓘ$20M$15M91.0%$46M$162,524
2022 ⓘ$11M$9.6M92.3%$41M$144,141
2021 ⓘ$8.9M$6.7M90.7%$39M$140,869
2020 ⓘ$11M$5.8M90.6%$34M$132,671
2019 ⓘ$6.5M$5.8M90.4%$28M$134,951

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5102
  • Volunteers Part I, line 644

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
CASCADE MANAGEMENT INC
Property management
$227,930
MEDESTO MERIWETHER KINGWOOD CONSTRUCTION
Construction
$100,110

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Corvallis Neighborhood Housing Services totaling $73,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Corvallis Neighborhood Housing Services's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Corvallis Neighborhood Housing Services, you can publish a response that is linked from this page.

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Questions people ask

How much of Corvallis Neighborhood Housing Services's spending goes to programs?

In calendar year 2024, Corvallis Neighborhood Housing Services reported that 78.8% of its $12.1 million in expenses went to program services, 21.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Corvallis Neighborhood Housing Services pay its top executive?

The largest total compensation Corvallis Neighborhood Housing Services reported for one person in calendar year 2024 was $159,281, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Corvallis Neighborhood Housing Services get its money?

Of $26.5 million in revenue in calendar year 2024, 80.6% came from contributions and grants (including 52.0% from government grants) and 16.5% from program service revenue (Form 990, Part VIII).

Is Corvallis Neighborhood Housing Services a registered charity?

The IRS lists EIN 93-1057296 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513219349310561 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423129349304512 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323189349314482 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223199349311467 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103199349305695 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013169349306116 · read the filing

All filings for EIN 93-1057296: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.