Overview
What is Cornerstone Renter Equity Inc?
Cornerstone Renter Equity Inc, a community-focused nonprofit based in Cincinnati, Ohio, primarily manages 25 units of affordable housing within its own organization. In addition, it collaborates with Preservation of Affordable Housing (POAH) for another 50 units situated in the Over-the-Rhine neighborhood of Cincinnati. The nonprofit's mission is to provide a tailored, family-centric approach to asset accumulation and personal growth through its innovative Renter Equity program. This program offers low-income renters an exclusive opportunity to build equity, an asset they typically struggle to access. With a dedicated workforce of six individuals, Cornerstone Renter Equity Inc aims to improve living conditions and promote financial stability within its community.
Official website here: www.csequity.org
Is Cornerstone Renter Equity Inc legitimate?
Cornerstone Renter Equity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Renter Equity Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $121,566
Professional Fundraising Fees: $0
Other Salaries and Wages: $246,989
For more financial information, click here
Official website here: www.csequity.org
What is the mission statement of Cornerstone Renter Equity Inc?
Cornerstone Renter Equity Inc., as a community-oriented partner, provides a customized and family-centered approach to asset building and personal growth for low-income households. They accomplish this through an innovative program called Renter Equity. This program offers a unique opportunity for low-income renters to accumulate an asset they have historically been unable to access: equity. By participating in the Renter Equity program, individuals can work towards building a personal asset, contributing to their overall financial stability and personal growth.
Official website here: www.csequity.org
Who is the CEO of Cornerstone Renter Equity Inc?
Larry Williams is the President of Cornerstone Renter Equity Inc.
Official website here: www.csequity.org
What is the revenue of Cornerstone Renter Equity Inc?
Cornerstone Renter Equity Inc's revenue in 2022 was $1,129,703.
Official website here: www.csequity.org
Who are the executives of Cornerstone Renter Equity Inc and what are their salaries?
The average compensation at Cornerstone Renter Equity Inc during 2022 was $61,426. There are 6 employees and 13 volunteers at Cornerstone Renter Equity Inc.
Here are 14 key members and their salaries:
- Alisa Berry (Executive Director)
- Larry Williams (President) [Trustee/Director]
- Gloria Samuel (Vice President) [Trustee/Director]
- Jonathan Bennie (Secretary) [Trustee/Director]
- Brendon Dunigan (Treasurer) [Trustee/Director]
- Bernice Cooper (Trustee)
- Max Kilb (Trustee)
- John Hancock (Trustee)
- Kurt Hibbett (Trustee)
- Deb Kelley (Trustee)
- Kurt Billups (Trustee)
- Robert Maly (Trustee)
- Brian Smyth (Trustee)
- Joe Sunderman (Trustee)
Official website here: www.csequity.org
Where can I find the form 990 for Cornerstone Renter Equity Inc?
The Cornerstone Renter Equity Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.csequity.org
Learn more at the official website: www.csequity.org
Mission Statement of Cornerstone Renter Equity Inc
Cornerstone Renter Equity Inc, a community-focused organization, offers a unique approach to empowering low-income households through its Renter Equity program. This mission is centered around providing a customized, family-oriented strategy for asset building and personal growth. The Renter Equity program permits low-income renters to accumulate an asset they previously found challenging to access: equity. By participating in this innovative program, individuals can build a valuable asset, enhancing their financial stability and future prospects.
Impact
This information is meant to be a general summary of Cornerstone Renter Equity Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Cornerstone Renter Equity Inc's impact is significant in providing affordable housing solutions for low-income households through its Renter Equity program. The organization owns and manages 25 units of affordable housing and partners with Preservation of Affordable Housing (POAH) on an additional 50 units in Cincinnati, Ohio. By offering a customized and family-centered approach to asset building and personal growth, the Renter Equity program enables low-income renters to accumulate equity, a valuable asset that they may not have had access to previously. This innovative program helps to empower individuals and families by providing them with a pathway to financial stability and self-sufficiency.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING
Revenue
$196,225
MANAGEMENT FEES
Revenue
$25,574
Organization Details
Founding Year
1986
Phone
(513) 369-0114
Principal Officer
Larry Williams
Main Address
1641 VINE ST, CINCINNATI, OH, 45202
Website
www.csequity.org
NTEE Category
Code: L80 - Housing
If you are a representative of Cornerstone Renter Equity Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.