EIN 31-1170803

Cornerstone Renter Equity

Name: Cornerstone Renter Equity financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Cincinnati

State

Ohio

Year formed

1986

Most recent tax filings

2023-12-01

NTEE code, primary

L80: Housing Support Services

Description

CSRE manages affordable housing and offers the Renter Equity program to low-income renters in Cincinnati's Over-the-Rhine community.

Also known as...

Cornerstone Corporation for Shared Equity

Total revenues

$889,138

2023

Total expenses

$1,061,804

2023

Total assets

$5,244,077

2023

Num. employees

2023

Program areas at Cornerstone Renter Equity

Affordable housing: csre owns and manages 25 units of affordable housing. Additionally, csre partners with preservation of affordable housing (poah) own another 50 units located in the over the rhine community of cincinnati, Ohio.

Renter Equity program: available to low-income renters in over-the-rhine. The program serves approximately 163 individuals annually. The program provides affordable housing residents to join an Equity earning club that provides members the opportunity to build Equity by investing in themselves and the community.

Who funds Cornerstone Renter Equity

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
United Way of Greater Cincinnati	2023-12	Program Operating Cost	$124,746
United Way of Greater Cincinnati	2023-12	Program Operating Cost	$124,746
The James J and Joan A Gardner Family Foundation	2023-12	Exempt Purpose of Organization	$50,000
...and 15 more grants received

Personnel at Cornerstone Renter Equity

Name	Title	Compensation	Date of data
Alisa Berry	Executive Director	$101,395	2024-11-21
Mary O'Connell	Development and Marketing Director		2024-11-21
Kevin Weartz	Business Manager		2024-11-21

Financials for Cornerstone Renter Equity

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$637,314	$913,462	-30.2%
Program services	$224,047	$221,799	1%
Investment income and dividends	$6,584	$0	999%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$-13,729	-100%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$21,193	$8,171	159.4%
Total revenues	$889,138	$1,129,703	-21.3%

Form 990s for Cornerstone Renter Equity

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-14	990	View PDF
2022-12	2023-10-03	990	View PDF
2021-12	2022-11-01	990	View PDF
2020-12	2021-10-26	990	View PDF
2019-12	2021-02-26	990	View PDF
...and 10 more Form 990s

Organizations like Cornerstone Renter Equity

Organization	Type	Location	Revenue
Neighborhood Housing Partnership of Greater Springfield	501(c)(3)	Springfield, OH	$1,028,183
Aaa Residential Resources	501(c)(3)	Nashville, TN	$269,539
San Juan Community Home Trust	501(c)(3)	Friday Harbor, WA	$933,323
Native Partnership for Housing	501(c)(3)	Gallup, NM	$1,016,487
Housing First Minnesota Foundation	501(c)(3)	Roseville, MN	$1,078,441
Near Northwest Neighborhood	501(c)(3)	South Bend, IN	$1,493,665
North-Missoula Community Development Corporation	501(c)(3)	Missoula, MT	$1,376,985
Hamilton County Area Neighborhood Development	501(c)(3)	Noblesville, IN	$3,490,624
The Heart of Camden	501(c)(3)	Camden, NJ	$838,334
Suncoast Housing Connections	501(c)(3)	Clearwater, FL	$941,129

Data update history

January 11, 2025

Received grants

Identified 7 new grant, including a grant for $124,746 from United Way of Greater Cincinnati

January 4, 2025

Posted financials

Added Form 990 for fiscal year 2023

November 22, 2024

Updated personnel

Identified 6 new personnel

October 19, 2024

Received grants

Identified 4 new grant, including a grant for $25,000 from TR Uw Jacob Schmidlapp #1

May 18, 2024

Received grants

Identified 9 new grant, including a grant for $75,000 from Rosenthal Family Foundation

Nonprofit Types

Housing and shelter organizationsCharities

Issues

Human servicesCommunity improvementHousing

Characteristics

Provides grantsState / local levelReceives government fundingManagement and technical assistanceProvides scholarshipsTax deductible donationsAccepts online donations

General information

Address: 1641 Vine St; Cincinnati, OH 45202
Metro area: Cincinnati, OH-KY-IN
County: Hamilton County, OH
Website URL: renterequity.org/
Phone: (513) 369-0114

IRS details

EIN: 31-1170803
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1986
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: L80: Housing Support Services
NAICS code, primary: 62422: Community Housing Services
Parent/child status: Independent

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Cornerstone Renter Equity

Program areas at Cornerstone Renter Equity

Who funds Cornerstone Renter Equity

Personnel at Cornerstone Renter Equity

Financials for Cornerstone Renter Equity

Form 990s for Cornerstone Renter Equity

Organizations like Cornerstone Renter Equity

Nonprofits

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