Mainstream Housing Inc
- Assets
- $9.1m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 8
- Location
- Eugene, OR
- Founding
- 05/1995
- Data as of
- 12/2023
- EIN
- 93-1032897
Organization Overview
Mainstream Housing Inc is located in Eugene, OR. The organization was established in 1995. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Mainstream Housing Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mainstream Housing Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Mainstream Housing Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $2.1m during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE QUALITY AFFORDABLE HOUSING OPTIONS FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROPERTY MANAGEMENT OF GROUP HOMES/MULTI-FAMILY PROJECTS SERVING DEVELOPMENTALLY DISABLED ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaclyn Larue Executive Dir. | Officer | 40 | $105,640 |
Devon Orr Director | Trustee | 1 | $0 |
Cinda Gangle President | OfficerTrustee | 2 | $0 |
Mark Jenkins Director | Trustee | 1 | $0 |
Susan Kesey Treasurer | OfficerTrustee | 1 | $0 |
Gerald Stolp Vice President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Weme Construction Llc Bldg. Construction | 12/30/22 | $127,635 |
Ab Ferguson Construction Bldg. Construction | 12/30/22 | $182,550 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $982,978 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,491 |
| Noncash contributions included in lines 1a–1f | $91,296 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,117,469 |
| Total Program Service Revenue | $654,666 |
| Investment income | $1,819 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,773,954 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $106,380 |
| Compensation of current officers, directors, key employees. | $40,863 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $213,885 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,209 |
| Payroll taxes | $33,669 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,020 |
| Fees for services: Accounting | $20,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,854 |
| Advertising and promotion | $1,538 |
| Office expenses | $7,048 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,552 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $94,236 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $621,280 |
| Insurance | $63,283 |
| All other expenses | $117,873 |
| Total functional expenses | $2,054,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,017 |
| Savings and temporary cash investments | $32,221 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,690 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,376 |
| Net Land, buildings, and equipment | $8,379,569 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $17,963 |
| Other assets | $577,117 |
| Total assets | $9,071,953 |
| Accounts payable and accrued expenses | $42,154 |
| Grants payable | $0 |
| Deferred revenue | $22,251 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,282,718 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $363,080 |
| Total liabilities | $2,710,203 |
| Net assets without donor restrictions | $6,319,815 |
| Net assets with donor restrictions | $41,935 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,071,953 |