Cornerstone Credit Union League
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,733,061 | 8,125,154 | −392,093 | 26.3 | 46% |
| 2012 | 9,134,953 | 8,439,200 | 695,753 | 26.3 | 47% |
| 2013 | 9,555,723 | 8,870,313 | 685,410 | 29.5 | 46% |
| 2014 | 9,649,418 | 9,114,131 | 535,287 | 28.1 | 38% |
| 2015 | 9,823,145 | 9,226,018 | 597,127 | 28.6 | 38% |
| 2016 | 9,387,963 | 9,445,839 | −57,876 | 27.8 | 38% |
| 2017 | 9,753,871 | 10,642,020 | −888,149 | 23.7 | 33% |
| 2018 | 8,868,600 | 9,534,769 | −666,169 | 26.1 | 36% |
| 2019 | 9,679,394 | 9,211,729 | 467,665 | 27.6 | 38% |
| 2020 | 7,377,944 | 7,211,933 | 166,011 | 35.5 | 36% |
| 2021 | 7,406,645 | 6,519,358 | 887,287 | 43.4 | 34% |
| 2022 | 8,064,748 | 7,348,593 | 716,155 | 38.0 | 32% |
| 2023 | 10,938,683 | 10,274,855 | 663,828 | 37.7 | 28% |
In its most recent public year (2023), this organization brought in $663,828 more than it spent. Its reserves stood at about 37.7 months of spending, up from 26.3 in 2011. Staff pay was 28% of spending. $686,582 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 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 League'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