Cornerstones Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 789,641 | 764,748 | 24,893 | 22.9 | 0% |
| 2013 | 841,217 | 870,354 | −29,137 | 19.7 | 0% |
| 2014 | 965,805 | 847,428 | 118,377 | 21.9 | 0% |
| 2015 | 925,721 | 942,195 | −16,474 | 19.5 | 0% |
| 2016 | 906,320 | 1,009,195 | −102,875 | 17.5 | 0% |
| 2017 | 1,043,584 | 1,133,075 | −89,491 | 14.6 | 0% |
| 2018 | 1,072,312 | 1,138,520 | −66,208 | 13.9 | 0% |
| 2019 | 1,077,342 | 1,213,461 | −136,119 | 11.7 | 0% |
| 2020 | 1,057,971 | 1,133,311 | −75,340 | 11.7 | 0% |
| 2021 | 1,362,990 | 1,171,725 | 191,265 | 13.3 | 0% |
| 2022 | 1,074,592 | 1,225,017 | −150,425 | 11.2 | 0% |
| 2023 | 1,067,653 | 1,434,349 | −366,696 | 6.5 | 0% |
In its most recent public year (2023), this organization spent $366,696 more than it brought in. Its reserves stood at about 6.5 months of spending, down from 22.9 in 2012. Staff pay was 0% 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
Cornerstones Housing Corporation'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