SQUAREONE VILLAGES

EIN: 460801991 501(c)(3) Housing & Shelter

EUGENE, OR

Total Revenue
$2,389,448
Total Expenses
$6,353,215
Total Assets
$13,616,671
Net Assets
$9,493,072
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
OR
Principal Officer
DAN BRYANT
Phone
5415250501
Tax Period
2023-01-01 to 2023-12-31

SQUAREONE VILLAGES, founded in 2012, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2023. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $6.4M exceeded revenue, resulting in a 166% operating deficit.

Mission

THE MISSION OF SQUAREONE VILLAGES IS TO CREATE DEMOCRATIC COMMUNITIES WITH HOMES THAT ARE PERMANENTLY AFFORDABLE AND ENVIRONMENTALLY SUSTAINABLE.

Program Service Accomplishments

Program 1
Expenses: $5,400,762 Revenue: $82,358

PERMANENTLY AFFORDABLE HOUSING: A PRIMARY PURPOSE OF SQUAREONE VILLAGES IS TO ACQUIRE AND HOLD LAND IN TRUST IN ORDER TO PROVIDE FOR PERMANENTLY AFFORDABLE HOUSING FOR PEOPLE WITH LOW-INCOMES WITH...

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PERMANENTLY AFFORDABLE HOUSING: A PRIMARY PURPOSE OF SQUAREONE VILLAGES IS TO ACQUIRE AND HOLD LAND IN TRUST IN ORDER TO PROVIDE FOR PERMANENTLY AFFORDABLE HOUSING FOR PEOPLE WITH LOW-INCOMES WITH THE OBJECTIVE OF FOREVER REMOVING THE LAND FROM THE SPECULATIVE MARKET. SQUAREONE DEVELOPS HOUSING ON THE LAND IN AN ENVIRONMENTALLY SENSITIVE AND SOCIALLY RESPONSIBLE MANNER. SQUAREONE SPECIALIZES IN DEVELOPING COOPERATIVE HOUSING THAT IS CONTROLLED BY THE RESIDENTS THROUGH DEMOCRATIC PROCESS. THIS INCLUDES LEASEHOLD HOUSING CO- OPS, WHERE THE CO-OP LEASES THE LAND AND HOUSING FROM SQUAREONE, AND LIMITED-EQUITY HOUSING CO-OPS, WHERE THE CO-OP OWNS THE HOUSING AND LEASES THE LAND FROM SQUAREONE. STAFF PROVIDES ONGOING TRAINING AND SUPPORT TO THE CO-OP'S MEMBERS AND BOARD IN OPERATIONS AND MANAGEMENT OF THE PROPERTY. EMERALD VILLAGE EUGENE (EVE) IS A 22-UNIT LEASEHOLD HOUSING COOPERATIVE LOCATED IN EUGENE, OREGON THAT OPENED IN 2018. IT CONSISTS OF 22 DETACHED TINY HOMES AND SHARED AMENITIES INCLUDING A BIKE SHELTER, TOOL SHED, COMMUNITY BUILDING WITH MEETING SPACE AND COOKING FACILITIES, GARDENS AND GREENHOUSE. TO QUALIFY FOR RESIDENCY AT EVE, HOUSEHOLDS MUST EARN 50% OF THE AREA MEDIAN INCOME OR UNDER. IN 2022, MONTHLY HOUSING COSTS AT EVE RANGED FROM 214-316, INCLUDING UTILITIES. COTTAGE VILLAGE COOPERATIVE (CVC) IS A 13-UNIT LEASEHOLD HOUSING COOPERATIVE LOCATED IN COTTAGE GROVE, OREGON THAT OPENED IN 2020. THE PROJECT WAS DEVELOPED BY SQUAREONE IN PARTNERSHIP WITH THE COTTAGE VILLAGE COALITION, A COMMITTEE OF LOCAL VOLUNTEERS PASSIONATE ABOUT ADDRESSING ISSUES OF HOUSING AND HOMELESSNESS IN THEIR RURAL COMMUNITY. IT CONSISTS OF 13 DETACHED TINY HOMES, AND A SHOP BUILDING THAT WAS CONVERTED INTO A COMMON HOUSE IN 2022 FOR RESIDENT MEETINGS AND GATHERINGS. TO QUALIFY FOR RESIDENCY AT CVC, HOUSEHOLDS MUST EARN 50% OF THE AREA MEDIAN INCOME OR UNDER. IN 2022, MONTHLY HOUSING COSTS AT CVC RANGED FROM 350-500, INCLUDING ALL UTILITIES EXCEPT ELECTRICAL. C STREET COOPERATIVE IS A 6-UNIT LIMITED-EQUITY HOUSING COOPERATIVE LOCATED IN SPRINGFIELD, OREGON THAT OPENED IN 2021. THE PROJECT WAS DEVELOPED BY SQUAREONE IN PARTNERSHIP WITH CULTIVATE, INC. IT CONSISTS OF 6 ONE-BEDROOM SUITES WITHIN 2 DWELLINGS UNITS ON A TYPICAL RESIDENTIAL LOT. TO QUALIFY FOR RESIDENCY AT C STREET, HOUSEHOLDS MUST EARN 80% OF THE AREA MEDIAN INCOME OR UNDER. IN 2022, MONTHLY HOUSING COSTS AT C STREET WERE 788, INCLUDING UTILITIES. PEACE VILLAGE COOPERATIVE (PVC) IS A 70-UNIT LIMITED-EQUITY HOUSING COOPERATIVE LOCATED IN EUGENE, OREGON THAT BEGAN CONSTRUCTION IN 2022. SQUAREONE PURCHASED THE 3.6-ACRE PROPERTY FROM PEACE PRESBYTERIAN CHURCH. IT CONSISTS OF 70 STUDIO, ONE-BEDROOM, AND TWO-BEDROOM DWELLINGS AND UTILIZES THE EXISTING BUILDINGS ON THE PROPERTY TO PROVIDE COMMON LAUNDRY, STORAGE, COOKING, AND GATHERING SPACE. TO QUALIFY FOR RESIDENCY AT PVC, HOUSEHOLDS MUST EARN 60% OF THE AREA MEDIAN INCOME OR UNDER. OCCUPANCY OPENED AT THE END OF 2023, AND MONTHLY HOUSING COSTS WILL BE 450-750, INCLUDING UTILITIES. PLANS ARE BEING DEVELOPED FOR A FIFTH CO-OP CALLED ROSA VILLAGE WITH CONSTRUCTION EXPECTED TO BEGIN IN THE FALL OF 2025.

Program 2
Expenses: $292,185 Revenue: $72,459

SAFE, NON-CONGREGATE SHELTERS: SQUAREONE VILLAGES PARTNERED WITH THE CITY OF EUGENE AND LANE COUNTY TO PROVIDE SAFE, NON-CONGREGATE SHELTER FOR INDIVIDUALS AND FAMILIES THAT WERE EXPERIENCING...

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SAFE, NON-CONGREGATE SHELTERS: SQUAREONE VILLAGES PARTNERED WITH THE CITY OF EUGENE AND LANE COUNTY TO PROVIDE SAFE, NON-CONGREGATE SHELTER FOR INDIVIDUALS AND FAMILIES THAT WERE EXPERIENCING HOMELESSNESS. OPPORTUNITY VILLAGE EUGENE (OVE) OPENED IN 2013 AND PROVIDED AN ALTERNATIVE SHELTER OPTION OF 30 DETACHED UNITS FOR ADULTS EXPERIENCING HOMELESSNESS. IN 2023 THE ORIGINAL SITE FOR OVE ON CITY-OWNED LAND WAS CLOSED AND OVE 2.0 WAS OPENED ON LAND PURCHASED BY SQUAREONE VILLAGES. OVE 2.0 CONSISTS OF 40 DETACHED SLEEPING SHELTERS AND SHARED COMMON FACILITIES INCLUDING BATHROOMS, SHOWERS, LAUNDRY FACILITIES, COOKING FACILITIES, AND A YURT WITH MEETING SPACE AND COMPUTERS FOR COMMUNITY USE. OVE 2.0 OFFERS A FIRST STEP FOR PEOPLE EXPERIENCING HOMELESSNESS WHERE THEY CAN STABILIZE THEIR LIVES AND ACCESS COMMUNITY SERVICES AS THEY WORK TOWARD SECURING HOUSING. A PART-TIME HOUSING NAVIGATOR ASSISTS CLIENTS WITH OBTAINING IDENTIFICATION DOCUMENTS, ENROLLING IN THE OREGON HEALTH PLAN, CONDUCTING HOUSING SEARCHES, AND ADVOCATING WITH LANDLORDS AND PROPERTY MANAGERS, WITH THE GOAL OF SECURING PERMANENT HOUSING. SOV PROVIDES DIRECT FINANCIAL ASSISTANCE TO OVE RESIDENTS TO ASSIST IN PAYING RENTAL APPLICATION FEES, SECURITY DEPOSITS, AND OTHER MOVE-IN EXPENSES.

Program 3
Expenses: $267,034 Revenue: $177,162

SLEEPING POD CONSTRUCTION: IN MID-2022, SQUAREONE ENTERED INTO AN AGREEMENT FOR 1 WITH ST. VINCENT DE PAUL TO LEASE A SHOP FOR TWO YEARS TO BUILD "SLEEPING PODS" FOR USE AT OVE 2.0 AND OTHER...

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SLEEPING POD CONSTRUCTION: IN MID-2022, SQUAREONE ENTERED INTO AN AGREEMENT FOR 1 WITH ST. VINCENT DE PAUL TO LEASE A SHOP FOR TWO YEARS TO BUILD "SLEEPING PODS" FOR USE AT OVE 2.0 AND OTHER LOCATIONS IN EUGENE. THESE SLEEPING PODS ARE 96 SQUARE FEET WITH A 4-FOOT PORCH USING 2X4 FRAMING AND A SHED ROOF. THEY ARE A SIGNIFICANT UPGRADE FROM THE "BUNGALOWS" USED AT THE ORIGINAL SITE AND THE PALLET SHELTERS PROVIDED BY LANE COUNTY FOR USE AT THE PREVIOUS "SAFE SLEEP SITE" AT THE SAME LOCATION. THE PODS COME WITH A CERAMIC WALL HEATER, LIGHTING, A BUILT-IN BUNK AND SHELVING. SQUAREONE'S CONSTRUCTION STAFF ALSO BEGAN WORKING WITH CONSTRUCTION TRADE PROGRAMS AT FIVE HIGH SCHOOLS TO BUILD SLEEPING PODS FOR OVE 2.0. THE PLAN IS TO BUILD 40 PODS FOR OVE 2.0 IN ADDITION TO TWO BATHHOUSES AND A LAUNDRY FACILITY COMPLETED IN THE 2022 -23.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,926,421
Program Service Revenue $331,979
Investment Income $97,145
Other Revenue $33,903
TOTAL REVENUE $2,389,448

Expense Breakdown

Grants Paid $5,294,250
Salaries & Benefits $582,999
Fundraising Expenses $115,515
Program Expenses $5,959,981
Other Expenses $475,966
TOTAL EXPENSES $6,353,215

Year-over-Year Comparison

2023 2022 Change
Revenue $2,389,448 $8,873,482 -0.7%
Expenses $6,353,215 $1,015,139 +5.3%
Net Income $-3,963,767 $7,858,343 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
22
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$199,078
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN BRYANT EXECUTIVE DI 40.00
Officer
$102,965 $21,186 $124,151
MARY BELL DIRECTOR OF 40.00
Officer
$65,580 $8,069 $73,649
STEPHANIE DETWILER DIRECTOR OF 40.00
Officer
$1,278 $0 $1,278
ISAAC JUDD BOARD PRESID 1.00
Officer Director
$0 $0 $0
KITTY PIERCY PAST PRESIDE 1.00
Officer Director
$0 $0 $0
ROBERT MELNICK VICE PRESIDE 1.00
Officer Director
$0 $0 $0
AISLINN BLACKSTONE SECRETARY 1.00
Officer Director
$0 $0 $0
SHARON SCHUMAN PHD TREASURER 1.00
Officer Director
$0 $0 $0
WESLEY LUCAS DIRECTOR 1.00
Director
$0 $0 $0
MINALEE SAKS DIRECTOR 1.00
Director
$0 $0 $0
TERRA BELLE DIRECTOR 1.00
Director
$0 $0 $0
BOBBY DURHAM DIRECTOR 1.00
Director
$0 $0 $0
SUSAN SOONKEUM COX DIRECTOR 1.00
Director
$0 $0 $0
THUY NGUYEN DIRECTOR 1.00
Director
$0 $0 $0
ANN MATRANGA DIRECTOR 1.00
Director
$0 $0 $0
MING LAI DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,389,448 $6,353,215 $13,616,671 $-3,963,767
2022 $8,873,482 $1,015,139 $14,661,574 $7,858,343
2021 $2,114,058 $903,449 $5,184,818 $1,210,609
2020 $1,923,649 $638,714 $3,973,635 $1,284,935
2019 $954,045 $539,329 $2,596,066 $414,716
2018 $1,095,342 $393,215 $2,174,131 $702,127
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