Overview

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Est.

1986

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CORNERSTONE RENTER EQUITY INC is a nonprofit focused on managing Renter Equity (SM) housing for low-income households, with a 2024 operating budget and total revenue of $1.1M. Key funders include United Way of Greater Cincinnati, MARGE & CHARLES J SCHOTT FOUNDATION, and ROSENTHAL FAMILY FOUNDATION, indicating support from multiple major philanthropic partners.

Mission Statement

CORNERSTONE MANAGES RENTER EQUITY (SM) HOUSING FOR LOW-INCOME HOUSEHOLDS.
Revenues
$1.1M
Expenses
$1.2M
Net Income:
-$78.2K
Assets
$5.1M
Liabilities
$2.2M
Net Assets:
+$2.9M
Operating Budget
$1.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
14
Median grant size
$15K
Largest grant received
$164.1K
A
Alisa Berry
Board Member
K
Kurt Hibbett
Board Member
J
Jonathan Bennie
Board Member
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  • 42 funders
  • 50 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is CORNERSTONE RENTER EQUITY INC’s budget?
In 2024, CORNERSTONE RENTER EQUITY INC reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
Where does CORNERSTONE RENTER EQUITY INC operate?
CORNERSTONE RENTER EQUITY INC is headquartered in Cincinnati, OH.
Who funded CORNERSTONE RENTER EQUITY INC recently?
In 2024, CORNERSTONE RENTER EQUITY INC received grants from United Way of Greater Cincinnati, IMPACT 100 INC, and JOHN A SCHROTH FAMILY CHAR TR. More information on this organization’s funders is available to registered users.
What is the largest grant CORNERSTONE RENTER EQUITY INC received in 2024?
The largest grant to CORNERSTONE RENTER EQUITY INC in 2024 exceeds $164 thousand.
What is CORNERSTONE RENTER EQUITY INC’s reliance on government grants?
CORNERSTONE RENTER EQUITY INC relied on government grants for more than 5% of their total revenue in 2024.