Corvallis Neighborhood Housing Services Inc

Organization Overview

Corvallis Neighborhood Housing Services Inc, operating under the name Devnw, is located in Corvallis, OR. The organization was established in 1996. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Devnw employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Devnw 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 12/2021, Devnw generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $6.7m during the year ending 12/2021. While expenses have increased by 14.2% per year over the past 7 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.

Since 2019, Devnw has awarded 24 individual grants totaling $352,964. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DEVNW'S MISSION IS TO CREATE THRIVING, INCLUSIVE AND HEALTHY COMMUNITIES THROUGH AFFORDABLE HOUSING, FINANCIAL/ECONOMIC OPPORTUNITY, SMALL BUSINESS DEVELOPMENT AND POLICY CHANGE IN LANE, BENTON, LINN, POLK , LINCOLN, MARION, GRANT AND CLACKAMAS COUNTIES IN OREGON.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION, THROUGH GOVERNMENT GRANTS, PUBLIC SUPPORT, AND RENTAL INCOME, SUPPORTS THRIVING, INCLUSIVE AND HEALTHY COMMUNITIES THROUGH RENOVATION AND CONSTRUCTION OF AFFORDABLE HOUSING, FINANCIAL/ECONOMIC PROGRAMS, AND POLICY CHANGE FOR FAMILIES AND INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
Emily Reiman
CEO
$126,635
Erin Grimshaw
Director Of
$106,351
Corinne Carmody-Riley
CFO
$101,645
Miguel Arellano
President
$0
Al Coddington
Treasurer
$0
Chrystal Shearer
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gerding Builders
Construction
$1,780,497
Joy Construction
Construction
$223,480
Bergsund Delaney Architecture Plan
Architecture
$180,744
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,017,694
All other contributions, gifts, grants, and similar amounts not included above$1,936,612
Noncash contributions included in lines 1a–1f $165,234
Total Revenue from Contributions, Gifts, Grants & Similar$6,954,306
Total Program Service Revenue$2,962,286
Investment income $299,349
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,318,931
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,851,894

Grants Awarded

Over the last fiscal year, Corvallis Neighborhood Housing Services Inc has awarded $202,061 in support to 11 organizations.

Grant RecipientAmount

PARROT CREEK CHILD AND FAMILYSERVICES

Org PageRecipient Profile

Oregon City, OR

PURPOSE: PASS-THROUGH

$59,254

Clackamas, OR

PURPOSE: PASS-THROUGH

$39,901

Redmond, OR

PURPOSE: PASS-THROUGH

$25,800

ECUMENICAL MINISTRIES OF OREGON

Org PageRecipient Profile

Portland, OR

PURPOSE: PASS-THROUGH

$16,781

OREGON STATE UNIVERSITY

PURPOSE: HEALTH EQUITY

$12,000

STRENGTHENING RURAL FAMILIES

Org PageRecipient Profile

Philomath, OR

PURPOSE: HEALTH EQUITY

$11,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Corvallis Neighborhood Housing Services Inc has recieved totaling $209,998.

Awarding OrganizationAmount
Oregon Community Foundation

Portland, OR

PURPOSE: Housing

$108,500
Center For Disaster Philanthropy Inc

Washington, DC

PURPOSE: THIS GRANT WAS AWARDED FOR WILDFIRE RECOVERY IN OREGON TO PROVIDE DISASTER CASE MANAGEMENT AND DISASTER RECOVERY NAVIGATION SERVICES TO THOSE IMPACTED.

$75,000
Oregon Consumer Justice

Portland, OR

PURPOSE: CONSUMER ADVOCACY

$10,000
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$7,798
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$5,200
Umpqua Bank Charitable Foundation

Portland, OR

PURPOSE: INCREASING FINANCIAL WELLBEING IN OREGON REBUILDING SUPPORT FOR SMALL AND MICROENTERPRISE BUSINESSES

$3,500
View Grant Recipient Profile

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