Squareone Villages
Squareone Villages
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About this organization
Mission
THE MISSION OF SQUAREONE VILLAGES IS TO CREATE SELF-MANAGED COMMUNITIES OF LOW-COST TINY HOUSES FOR PEOPLE IN NEED OF HOUSING. SQUAREONE SERVES THOSE WHO ARE VERY TO EXTREMELY LOW INCOME, WHO HAVE NOT OR INADEQUATE HOUSING.
About
EMERALD VILLAGE EUGENE (EVE), IS A PERMANENT AFFORDABLE HOUSING PROJECT THAT WILL CONTAIN 22-HOUSES FOR PEOPLE WITH VERY LOW INCOMES. THIS PROJECT IS AN INNOVATIVE RESPONSE TO THE LACK OF AFFORDABLE HOUSING IN OUR COMMUNITY. CONSTRUCTION BEGAN IN SUMMER 2017 AND COMPLETION IS ANTICIPATED IN 2019. WHEN COMPLETE, EVE WILL HOUSE 27-32 PEOPLE, ALL OF WHOM HAVE VERY LOW OR EXTREMELY LOW INCOMES. THE RESIDENTS WILL FORM A SELF-MANAGED RESIDENTIAL CO-OP THAT WILL LEASE THE FACILITIES FROM SQUAREONE VILLAGES (SOV). CURRENTLY, A 6-PERSON VOLUNTEER INTERIM BOARD OF DIRECTORS MANAGES EVE. RENTS ARE RANGING FROM 250 TO 350 PER MONTH BASED ON HOUSE SIZE, INCLUDING UTILITIES -- EXTREMELY AFFORDABLE EVEN FOR A RESIDENT WHOSE SOLE INCOME IS SOCIAL SECURITY OR DISABILITY INCOME. IN ADDITION, DUE TO THE CO-OP MEMBERSHIP, EACH RESIDENT WILL ACCRUE AN ASSET OF UP TO 1,500 WITH 50 OF THEIR MONTHLY RENT TO BE ACCRUED FOR THE FIRST 30 MONTHS, WHICH THEY WILL SELL BACK TO SOV UPON LEAVING EVE. ONCE THE MEMBERSHIP IS PAID, THE MONTHLY RENT WILL BE REDUCED FOR 50. RESIDENTS MUST RESIDE AT EVE FOR ONE YEAR BEFORE THEIR MEMBERSHIP IS FULLY VESTED. AT END OF 2018, 17 HOMES ARE COMPLETE AND OCCUPIED, WITH FIVE REMAINING TO COMPLETE IN 2019.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “The mission of squareone villages is to create self-managed communities of low-cost tiny houses for people in need of housing. squareone serves those who are very to extremely low income, who have not or inadequate housing.”.
When referring to its actions, they were outlined as: “The mission of squareone villages is to create self-managed communities of low-cost tiny houses for people in need of housing. squareone serves those who are very to extremely low income, who have not or inadequate housing.”.
- The non-profit has complied with legal obligations by reporting their state of operation as OR.
- The non-profit's address in 2020 is noted in the filing as 15 N POLK ST, EUGENE, OR, 97402.
- The non-profit's form for 2020 reports a total of 8 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Provides credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $702,127.
- The CEO compensation package within the organization is not established through a review and approval by a neutral party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 8 independent voting members.
- The organization was formed in 2012.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $186,711 in salary, compensation, and benefits to its employees.
- The organization pays $22,074 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization has grants to organizations.