Nonprofits›Cornerstone Renter Equity Inc

Cornerstone Renter Equity Inc

CINCINNATI, OH

Website

Total revenue

$1.1M

Total expenses

$1.2M

Net assets

$2.9M

Grants received

$1.7M

58 grants

EIN

311170803

Tax year

2024

Mission

Cornerstone manages renter equity (sm) housing for low-income households.

Programs

1 program

Renter equity program: renter equity program: available to low-income renters in select cincinnati neighborhoods. The program serves approximately 163 individuals annually. The program provides affordable housing residents the opportunity to join an equity savings and support program club that provides members the opportunity to earn a non-traditional savings account by investing in themselves and the community.

Expenses: $147K

Financials

FY 2024

Revenue

Contributions & grants$855K
Program service revenue$224K
Investment income$8K
Other revenue$4K
Total revenue$1.1M

Expenses

Grants paid$105K
Salaries & benefits$473K
Fundraising$61K
Other expenses$590K
Total expenses$1.2M
Total assets$5.1M
Net assets$2.9M

People

17 listed

NameRoleCompensation

ALISA BERRY

EXECUTIVE DIRECTOR

Board

$110K

40 hrs/wk

JOHN HANCOCK

TRUSTEE

Board

—

0.5 hrs/wk

KURT HIBBETT

TRUSTEE

Board

—

0.5 hrs/wk

JARROD HART

TRUSTEE

Board

—

0.5 hrs/wk

GINA REGAN

TRUSTEE

Board

—

0.5 hrs/wk

SHAQUNNA SARDIN

TRUSTEE

Board

—

0.5 hrs/wk

JOE SUNDERMAN

TRUSTEE

Board

—

0.5 hrs/wk

GLORIA SAMUEL

TRUSTEE

Board

—

0.5 hrs/wk

BERNICE COOPER

TRUSTEE

Board

—

0.5 hrs/wk

LAUREN MATUS

TRUSTEE

Board

—

0.5 hrs/wk

ABBY CREWS

TRUSTEE

Board

—

0.5 hrs/wk

ANDREW POLTORAK

TRUSTEE

Board

—

0.5 hrs/wk

JASON JONES

TRUSTEE

Board

—

0.5 hrs/wk

LARRY WILLIAMS

PRESIDENT

Board

—

5 hrs/wk

JONATHAN BENNIE

SECRETARY

Board

—

2 hrs/wk

BRENDON DUNIGAN

TREASURER

Board

—

2 hrs/wk

MAX KILB

TRUSTEE

Board

—

0.5 hrs/wk

Grants received

Showing 58 of 58

FromAmountPurposeYear
United Way of Greater Cincinnati
$164K
Supports UW Mission
2024
IMPACT 100 INC
$100K
EXPAND MEMBERSHIP AND COMMUNITY ENGAGEMENT FOR THEIR RENTER EQUITY CLUB THAT SUPPORTS LOW-INCOME FAMILIES IN IDENTIFYING PERSONAL AND FINANCIAL GOALS AND PROVIDES OPPORTUNITIES TO EARN MONEY FOR LONG-TERM SAVINGS.
2024
JOHN A SCHROTH FAMILY CHAR TR
$50K
GENERAL SUPPORT
2024
THE GREATER CINCINNATI FOUNDATION
$39K
PROGRAMATIC SUPPORT
2024
THE GREATER CINCINNATI FOUNDATION
$39K
PROGRAMATIC SUPPORT
2024
EDELWEISS FOUNDATION
$38K
GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT
2024
TRUST ESTATE OF GEORGE B RILEY
$15K
HOUSING PROGRAMS
2024
Murray and Agnes Seasongood
$8K
Civic Engagement
2024
THE AMATURO FAMILY FOUNDATION
$1K
LOW-INCOME FAMILY SUPPORT
2024
United Way of Greater Cincinnati
$125K
Program Operating Cost
2023
United Way of Greater Cincinnati
$125K
Program Operating Cost
2023
THE JAMES J AND JOAN A GARDNER
$50K
EXEMPT PURPOSE OF ORGANIZATION
2023
EDELWEISS FOUNDATION
$38K
GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT
2023
UNNEWEHR FAMILY FOUNDATION
$38K
GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT
2023
THE GREATER CINCINNATI FOUNDATION
$37K
PROGRAMATIC SUPPORT
2023
CAROL ANN AND RALPH V HAILE JR
$25K
RENTER EQUITY PROGRAM
2023
ROSENTHAL FAMILY FOUNDATION
$25K
UNRESTRICTED CONTRIBUTION
2023
TRUST ESTATE OF GEORGE B RILEY
$20K
HOUSING PROGRAMS
2023
THE THOMAS J EMERY MEMORIAL
$20K
CHARITABLE PURPOSES
2023
DONOR ADVISED CHARITABLE GIVING INC
$13K
PUBLIC, SOCIETAL BENEFIT
2023
Murray and Agnes Seasongood
$10K
AFFORDABLE HOUSING
2023
FIRST FINANCIAL FOUNDATION
$5K
RENTER EQUITY-FINANCIAL LITERACY
2023
THE RICHARD L AND FREDA K FLERLAGE
$3K
TO ASSIST IN THEIR PROGRAMS WHICH PROVIDE INNOVATIVE OPPORTUNITIES THAT EMPOWER LOW-INCOME FAMILIES TO ACHIEVE FINANCIAL STABILITY AND ECONOMIC SELF-SUFFICIENCY.
2023
AL NEYER COMMUNITY FOUNDATION
$500
GENERAL PURPOSE
2023
KEITH AND DEBORAH WANDELL CHARITABLE
$200
UNRESTRICTED GRANT
2023
United Way of Greater Cincinnati
$116K
Program Operating Cost
2022
ROSENTHAL FAMILY FOUNDATION
$75K
UNRESTRICTED CONTRIBUTION
2022
THE JAMES J AND JOAN A GARDNER
$40K
EXEMPT PURPOSE OF ORGANIZATION
2022
Murray and Agnes Seasongood
$30K
CIVIC ENGAGEMENT
2022
JOHN A SCHROTH FAMILY CHAR TR
$30K
GENERAL SUPPORT
2022
TR UW JACOB SCHMIDLAPP #1
$25K
PROGRAM/PROJECT SUPPORT
2022
CAROL ANN AND RALPH V HAILE JR
$20K
GENERAL OPERATING SUPPORT
2022
TRUST ESTATE OF GEORGE B RILEY
$20K
HOUSING PROGRAMS
2022
THE GREATER CINCINNATI FOUNDATION
$6K
GENERAL PURPOSE
2022
DONOR ADVISED CHARITABLE GIVING INC
$6K
PUBLIC, SOCIETAL BENEFIT
2022
THE CINCINNATI WOMAN'S CLUB
$6K
SUPPORT THEIR 501(C)(3) MISSION
2022
THE RICHARD L AND FREDA K FLERLAGE
$3K
TO ASSIST IN THEIR PROGRAMS WHICH PROVIDE INNOVATIVE OPPORTUNITIES THAT EMPOWER LOW-INCOME FAMILIES TO ACHIEVE FINANCIAL STABILITY AND ECENOMIC SELF-SUFFICIENCY.
2022
United Way of Greater Cincinnati
$2K
Donor Designated General
2022
THE AMATURO FAMILY FOUNDATION
$1K
LOW-INCOME FAMILY SUPPORT
2022
TRUST ESTATE OF GEORGE B RILEY
$20K
HOUSING PROGRAMS
2021
Murray and Agnes Seasongood
$11K
COMMUNITY EQUITY
2021
United Way of Greater Cincinnati
$8K
Program Operating Cost
2021
FIRST FINANCIAL FOUNDATION
$5K
COORDINATION AND FACILITATION OF FINANCIAL LITERACY FOR LMI FAMILIES
2021
MARGE & CHARLES J SCHOTT FOUNDATION
$100K
GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT
2020
TRUST ESTATE OF GEORGE B RILEY
$40K
HOUSING PROGRAMS
2020
COMMUNITY FOUNDATION OF ST JOSEPH COUNTY INC
$30K
Restricted
2020
THE GREATER CINCINNATI FOUNDATION
$30K
GENERAL PURPOSE
2020
BETHESDA INC
$28K
TO BUILD THE CAPACITY AND INFRASTRUCTURE OF THIS ORGANIZATION TO OPERATE IN THE POST-COVID ENVIRONMENT BY PROVIDING THE RESOURCES TO ACQUIRE TOOLS, EDUCATION AND TECHNOLOGY.
2020
CAROL ANN AND RALPH V HAILE JR
$25K
GENERAL OPERATING SUPPORT
2020
ROSENTHAL FAMILY FOUNDATION
$20K
UNRESTRICTED CONTRIBUTION
2020
GEORGE & MARGARET MCLANE FOUNDATION
$10K
AFFORDABLE HOUSING
2020
United Way of Greater Cincinnati
$6K
Program Operating Cost
2020
FIRST FINANCIAL FOUNDATION
$5K
RENTER EQUITY MATCH SAVINGS PROGRAM PROVIDES MEMBERS THE OPPORTUNITY TO CREATE SAVINGS ACCOUNTS THAT ARE MATCHED TO INCENTIVIZE AND LEVERAGE THEIR ABILITY TO MAXIMIZE SAVINGS
2020
MUTUAL OF AMERICA FOUNDATION
$200
GENERAL OPERATING PURPOSE
2020
DONOR ADVISED CHARITABLE GIVING INC
$25K
PUBLIC, SOCIETAL BENEFIT
2018
CHARLES SCOTT RILEY III FOUNDATION
$2K
PROMOTE CHARITABLE PURPOSE
2018
ROBERT A & MARIAN K KENNEDY
$1K
PROMOTE CHARITABLE PURPOSE
2018
EVELYN W DUNN CHARITABLE TRUST
$1K
PROMOTE CHARITABLE PURPOSE
2018

Funded by

$1.7M from 28 funders · 58 grants · 2018–2024

United Way of Greater Cincinnati

$545K · 7 grants · 2020–2024

The Greater Cincinnati Foundation

$151K · 5 grants · 2020–2024

Rosenthal Family Foundation

$120K · 3 grants · 2020–2023

Trust Estate Of George B Riley

$115K · 5 grants · 2020–2024

Marge & Charles J Schott Foundation

$100K · 1 grant · 2020

Impact 100 Inc

$100K · 1 grant · 2024

The James J And Joan A Gardner

$90K · 2 grants · 2022–2023

John A Schroth Family Char Tr

$80K · 2 grants · 2022–2024

Details

EIN311170803
Subsection03
Ruling date1986-09
Formed1986
Employees6
Volunteers16
CORNERSTONE RENTER EQUITY INC — Mission, Financials & Grants Received | Grantivo