Cornerstone Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 55,977 | 77,186 | −21,209 | 77.4 | 0% |
| 2012 | 53,118 | 71,697 | −18,579 | 80.2 | 0% |
| 2013 | 89,304 | 65,975 | 23,329 | 91.4 | 0% |
| 2014 | 57,898 | 95,165 | −37,267 | 58.7 | 0% |
| 2015 | 64,327 | 71,037 | −6,710 | 77.5 | 0% |
| 2016 | 60,030 | 79,209 | −19,179 | 66.6 | 0% |
| 2017 | 72,750 | 79,774 | −7,024 | 65.1 | 0% |
| 2018 | 72,898 | 84,400 | −11,502 | 59.9 | 0% |
| 2019 | 69,884 | 86,978 | −17,094 | 55.7 | 0% |
| 2020 | 63,924 | 90,591 | −26,667 | 50.0 | 0% |
| 2021 | 69,184 | 90,106 | −20,922 | 47.5 | 0% |
| 2022 | 78,957 | 97,385 | −18,428 | 41.6 | 0% |
| 2023 | 80,712 | 106,023 | −25,311 | 35.4 | 0% |
| 2024 | 90,096 | 111,411 | −21,315 | 31.4 | 0% |
In its most recent public year (2024), this organization spent $21,315 more than it brought in. Its reserves stood at about 31.4 months of spending, down from 77.4 in 2011. Staff pay was 0% of spending. $676,400 of its net assets are donor-restricted.
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 2024. 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 Apartments Inc's IRS filings as a feed — one entry per filing year, through 2024. 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