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Oregon · Nonprofit

METROPOLITAN AFFORDABLE HOUSING CORPORATION

METROPOLITAN AFFORDABLE HOUSING CORPORATION (Oregon) receives grants from 19 organizations whose IRS filings report $1,566,125 to it, the largest being UNITED WAY OF LANE COUNTY ($571,728). 13 of them have funded it in more than one year.

Revenue FY2024
$10.0M
Funders on record
19
Grants received
$1.6M
Net assets
$26M
13/19 repeat funderspeak grant-dependency 13%
01What it does

What Metropolitan Affordable Housing Corporation does

Mission

Provide quality, affordable housing for people living on limited incomes, and offer services that promote opportunities for personal growth and economic independence.

As stated on its FY2024 Form 990.

Programs

  1. 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.

    $3,506,000 spent$3,272,136 earned by the program
    65% of program spending
  2. 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.

    $1,626,932 spent$1,002,045 earned by the program
    30% of program spending
  3. 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.

    $236,915 spent
    4% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,369,847.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.7M) Expenses 100 ($2.2M) Net assets 100 ($17M)2018 Revenue 123 ($3.3M) Expenses 65 ($1.5M) Net assets 111 ($19M)2019 Revenue 67 ($1.8M) Expenses 67 ($1.5M) Net assets 118 ($20M)2020 Revenue 89 ($2.4M) Expenses 83 ($1.9M) Net assets 125 ($22M)2021 Revenue 102 ($2.7M) Expenses 83 ($1.9M) Net assets 130 ($22M)2022 Revenue 89 ($2.4M) Expenses 103 ($2.3M) Net assets 130 ($22M)2023 Revenue 292 ($7.8M) Expenses 217 ($4.9M) Net assets 128 ($22M)2024 Revenue 373 ($10.0M) Expenses 272 ($6.1M) Net assets 150 ($26M)
'17'18'19'20'21'22'23'24
Revenue (373)Expenses (272)Net assets (150)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $29M to $38M (+29%).

$24M
$21M
$22M
$25M
$26M
$29M
$38M
$45M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 14% · 2018 5% · 2019 4% · 2020 13% · 2021 15% · 2022 4% · 2023 44% · 2024 47%. Grants only. Government contracts and fees sit inside program revenue.

53% of METROPOLITAN AFFORDABLE HOUSING CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (72% for the typical peer).

This organization
Typical peer · 636 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$436k
’17
$1.8M
’18
$277k
’19
$512k
’20
$864k
’21
$85k
’22
$2.9M
’23
$3.9M
’24
7.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed1412161313151713
Joined·+4+5+1+1+5+3+1
No longer listed·6141315
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 8 funders, grant income fell $196k → $74k.

4 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of METROPOLITAN AFFORDABLE HOUSING CORPORATION’s funders (the co-funder graph). Top 18 of 19 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

METROPOLITAN AFFORDABLE HOUSING CORPORATION leans on a few funders — its largest provides 37% of grant income and the top three 66%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

72% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund METROPOLITAN AFFORDABLE HOUSING CORPORATION.

37%
largest funder
66%
top three
~5
effective funders

Largest funder’s share by year: 2017 52% · 2018 62% · 2019 42% · 2020 67% · 2021 63% · 2022 44% · 2023 40% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of METROPOLITAN AFFORDABLE HOUSING CORPORATION's funders are still giving 3 years after their first grant; 68% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

88% of METROPOLITAN AFFORDABLE HOUSING CORPORATION's grant income comes from Oregon funders.

WA
OR
MD
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Oregon out of state home

Funder states come from each funder’s own filing. $268k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

METROPOLITAN AFFORDABLE HOUSING CORPORATION runs a healthier operating margin than three-quarters of the 611 unclassified nonprofits its size.

Operating margin39% · top quartile
Months of reserve7.5mo · above the median
Revenue growth (annualized)21% · top quartile

this organization peer median middle 50% of peers· 611 unclassified nonprofits $1M–$10M, FY2024

Government funding METROPOLITAN AFFORDABLE HOUSING CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.2M on record.

State$3.2M
21
22
23
24
Top programs
  • DISTRIBUTION TO NON-GOVERNMENTS$1.9M
  • DISTRIBUTION TO NON-PROFIT ORG$1.1M
  • OTHER DISTRIBUTION TO TAXABLE SUBRECIP$127k
  • PAYMENTS TO NON-GOVERNMENTS$98k
  • OTHER SPECIAL PAYMENTS$25k
  • AGENCY PROGRAM RELATED SERVICES$2k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like METROPOLITAN AFFORDABLE HOUSING CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Oregon

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 9%Fundraising 3%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

94%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

OR

Part of a family of 11 related entities

  • College Corner LLC · disregarded
  • Oak Leaf Village LLC · disregarded
  • Delta Court LLC · disregarded
  • Green Leaf Village LLC · disregarded
  • Apple Orchard Village LP · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for METROPOLITAN AFFORDABLE HOUSING CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds METROPOLITAN AFFORDABLE HOUSING CORPORATION?
METROPOLITAN AFFORDABLE HOUSING CORPORATION (Oregon) receives grants from 19 organizations whose IRS filings report $1,566,125 to it, the largest being UNITED WAY OF LANE COUNTY ($571,728). 13 of them have funded it in more than one year.
How many funders does METROPOLITAN AFFORDABLE HOUSING CORPORATION have?
IRS filings report 19 organizations giving $1,566,125 in grants to METROPOLITAN AFFORDABLE HOUSING CORPORATION, 13 of which have funded it in more than one year.
Who is the largest funder of METROPOLITAN AFFORDABLE HOUSING CORPORATION?
UNITED WAY OF LANE COUNTY is the largest funder on record, with $571,728 in grants. The full list of funders is on this page.
How can an organization like METROPOLITAN AFFORDABLE HOUSING CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Oregon. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Metropolitan Affordable Housing →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 19 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing