Cornerstone Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,158,310 | 6,382,778 | −224,468 | 20.6 | 29% |
| 2012 | 5,933,557 | 5,968,772 | −35,215 | 21.8 | 32% |
| 2013 | 6,044,528 | 6,085,769 | −41,241 | 21.5 | 33% |
| 2014 | 5,915,018 | 5,895,271 | 19,747 | 22.1 | 31% |
| 2015 | 5,996,689 | 5,717,317 | 279,372 | 23.6 | 35% |
| 2016 | 6,577,030 | 6,501,643 | 75,387 | 20.8 | 33% |
| 2017 | 6,542,916 | 6,602,353 | −59,437 | 20.6 | 33% |
| 2018 | 6,479,141 | 5,996,146 | 482,995 | 23.9 | 34% |
| 2019 | 6,338,472 | 5,811,169 | 527,303 | 25.7 | 37% |
| 2020 | 5,424,795 | 5,423,678 | 1,117 | 27.3 | 38% |
| 2021 | 5,518,746 | 5,070,418 | 448,328 | 30.4 | 40% |
| 2022 | 6,965,510 | 5,613,826 | 1,351,684 | 30.4 | 38% |
| 2023 | 7,921,070 | 7,368,293 | 552,777 | 23.9 | 31% |
In its most recent public year (2023), this organization brought in $552,777 more than it spent. Its reserves stood at about 23.9 months of spending, up from 20.6 in 2011. Staff pay was 31% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Cornerstone Credit Union's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works