Overview

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Est.

1939

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Cornerstone Credit Union, a community-focused financial cooperative, is dedicated to providing quality and differentiated services to its member-owners. With an operating budget of $6.7 million and total revenue of $9.4 million for the filing year 2024, the organization emphasizes fiscal stability through responsible leadership and growth. More information can be found on their website at www.cornerstonecu.org.

Mission Statement

CORNERSTONE CREDIT UNION IS A COMMUNITY-FOCUSED FINANCIAL COOPERATIVE COMMITTED TO PROVIDING QUALITY, DIFFERENTIATED SERVICES TO ITS MEMBER-OWNERS. OUR PROFESSIONAL STAFF AND VOLUNTEERS WILL ENSURE FISCAL STABILITY THROUGH RESPONSIBLE LEADERSHIP AND GROWTH.
Revenues
$9.4M
Expenses
$8.7M
Net Income:
+$774.2K
Assets
$163.6M
Liabilities
$148M
Net Assets:
+$15.6M
Operating Budget
$6.7M
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
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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G
Gail Clore
Board Member
V
Valerie Rothermel-Nelson
Board Member
C
Christine Klipping
Board Member

Frequently Asked Questions

What is CORNERSTONE CREDIT UNION’s budget?
In 2024, CORNERSTONE CREDIT UNION reported an annual operating budget of around $6.7 million. More detailed financial information is available to registered users.
What causes does CORNERSTONE CREDIT UNION support?
CORNERSTONE CREDIT UNION supports work in Credit unions.
Where does CORNERSTONE CREDIT UNION operate?
CORNERSTONE CREDIT UNION is headquartered in Freeport, IL.