2025-11-10T13:07:31-06:00 2024-12-31 310800053 CLARK SCHAEFER HACKETT & CO 1 EAST 4TH STREET CINCINNATI OH 45202 990 2024-01-01 311170803 CORNERSTONE RENTER EQUITY INC CORN 5133690114 1537 RACE ST STE 201 CINCINNATI OH 45202 LARRY WILLIAMS PRESIDENT 8133690114 2025-11-10 1 0 ANNAMARIE B REILLY P00431897 5132413111 2025-11-10 2024 2025-03-06 01:10:19Z X LARRY WILLIAMS 1537 RACE ST STE 201 CINCINNATI OH 45202 1090404 0 X CSEQUITY.ORG X 1986 OH CORNERSTONE MANAGES RENTER EQUITY (SM) HOUSING FOR LOW-INCOME HOUSEHOLDS. 16 16 6 16 0 0 637314 854677 224047 223910 6584 8179 21193 3638 889138 1090404 30295 105129 0 0 463389 473229 0 0 60926 568120 590242 1061804 1168600 -172666 -78196 5244077 5061638 2260567 2156324 2983510 2905314 X CORNERSTONE RENTER EQUITY (CSRE) IS A COMMUNITY-ORIENTED PARTNER PROVIDING A CUSTOMIZED, FAMILY CENTERED APPROACH TO ASSET BUILDING AND PERSONAL GROWTH THROUGH AN INNOVATIVE PROGRAM CALLED RENTER EQUITY. THE RENTER EQUITY PROGRAM PROVIDES A UNIQUE OPPORTUNITY FOR LOW- INCOME RENTERS TO ACCUMULATE AN ASSET THEY HAVE TRADITIONALLY BEEN UNABLE TO ACCESS- EQUITY. 0 0 831082 105129 227548 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. 146661 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. 977743 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 5 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X ALISA BERRY 5133690114 1537 RACE ST STE 201 CINCINNATI OH 45202 BERNICE COOPER TRUSTEE 0.50 X 0 0 0 JOHN HANCOCK TRUSTEE 0.50 X 0 0 0 KURT HIBBETT TRUSTEE 0.50 X 0 0 0 JARROD HART TRUSTEE 0.50 X 0 0 0 GINA REGAN TRUSTEE 0.50 X 0 0 0 SHAQUNNA SARDIN TRUSTEE 0.50 X 0 0 0 JOE SUNDERMAN TRUSTEE 0.50 X 0 0 0 GLORIA SAMUEL TRUSTEE 0.50 X 0 0 0 MAX KILB TRUSTEE 0.50 X 0 0 0 LAUREN MATUS TRUSTEE 0.50 X 0 0 0 ABBY CREWS TRUSTEE 0.50 X 0 0 0 ANDREW POLTORAK TRUSTEE 0.50 X 0 0 0 JASON JONES TRUSTEE 0.50 X 0 0 0 LARRY WILLIAMS PRESIDENT 5.00 X X 0 0 0 JONATHAN BENNIE SECRETARY 2.00 X X 0 0 0 BRENDON DUNIGAN TREASURER 2.00 X X 0 0 0 ALISA BERRY EXECUTIVE DIRECTOR 40.00 X 109630 0 15486 109630 0 15486 1 0 0 0 0 333745 88768 432164 854677 LOW INCOME HOUSING 531390 198587 198587 MANAGEMENT FEES 541610 25323 25323 223910 8179 8179 OTHER INCOME 541900 3638 3638 3638 1090404 227548 0 8179 105129 105129 125116 100093 18767 6256 270490 207911 13307 49272 7120 7120 40319 40319 30184 23626 2401 4157 235 235 18500 18500 6829 3812 3017 6053 6053 15777 3000 12777 10200 10200 22645 22645 6624 6624 15376 15376 181044 174122 6922 2786 2786 PROPERTY MANAGEMENT EXP 160944 160944 RENTER EQUITY 80838 80838 RESIDENT PROGRAM EXPENS 38189 38189 OTHER COSTS 14809 14809 9393 2220 5932 1241 1168600 977743 129931 60926 149349 81963 314680 271470 220833 345526 15231 21669 364948 360628 40225 40845 4603035 2278941 2500896 2324094 1600001 1600001 37914 15442 5244077 5061638 55455 47990 2090071 1981148 115041 127186 2260567 2156324 X 2762677 2448635 220833 456679 2983510 2905314 5244077 5061638 -78196 0 X X 0 1 X 1 0 X 686965 903094 913462 637314 854677 3995512 686965 903094 913462 637314 854677 3995512 892993 3102519 59 4 6584 8179 14826 2580 3939 8171 14690 4025028 1127708 0.77080 0.68820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 70360 70360 4454473 2226725 2227748 78202 52216 25986 2324094 INVESTMENT IN PARTNERSHIP 1600001 C 1600001 RENTER EQUITY PAYABLE 111745 TENANT DEPOSITS 15441 127186 X 1090404 0 1090404 0 1090404 1168600 0 1168600 0 1168600 PART X, LINE 2: THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION RECOGNIZED NO INTEREST OR PENALTIES IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. IF THE SITUATION AROSE IN WHICH THE ORGANIZATION WOULD HAVE INTEREST TO RECOGNIZE, IT WOULD RECOGNIZE THIS AS INTEREST EXPENSE, AND PENALTIES WOULD BE RECOGNIZED IN OTHER EXPENSES. THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEEN CONTACTED BY ANY REGULATORY AGENCY. BASED ON THE EVALUATION OF THE ORGANIZATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. 1 RENT, UTILITY, TUITION, AND FOOD ASSISTANCE 37 105129 PART I, LINE 2: GRANT FUNDS ARE PAID DIRECTLY TO 3RD PARTIES SUCH AS LANDLORDS AND UTILITY COMPANIES ON BEHALF OF NEEDY INDIVIDUALS, THUS THE INTENDED USE OF GRANT FUNDS IS ALWAYS SATISIFIED. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THE FINAL VERSION IS REVIEWED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE INSTRUCTED TO DISCLOSE ANY CONFLICT OF INTEREST SITUATIONS BEFORE BEING APPROVED TO BE ON THE BOARD AND ARE REMINDED ANNUALLY TO DISCLOSE ANY SITUATION THAT WOULD BE A CONFLICT OF INTEREST ISSUE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD PRESIDENT IN CONSULTATION WITH OTHER BOARD MEMBERS AND IN COMPARISON TO THE COMPENSATION OF OTHER EXECUTIVE DIRECTORS OF SIMILAR NONPROFIT ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE ALL DOCUMENTS REQUIRED BY LAW. RACE REPUBLIC & GREEN LLC 1537 RACE ST STE 201 CINCINNATI OH 45202 208301076 OH 311501 2334297 CORNERSTONE RENTER EQUITY INC 33 GREEN LLC 1537 RACE ST STE 201 CINCINNATI OH 45202 273318562 OH 0 0 CORNERSTONE RENTER EQUITY INC CORNERSTONE SHARED EQUITY DEVELOPMENT LLC 1537 RACE ST STE 201 CINCINNATI OH 45202 311170803 OH 0 0 CORNERSTONE RENTER EQUITY INC ABINGTON RACE AND PLEASANT LLC 2170 GILBERT AVENUE SUITE 300 CINCINNATI OH 45206 811008145 REAL ESTATE OH N/A 0 1 ARP CSE ASSOCIATES LLC 1537 RACE ST STE 201 CINCINNATI OH 45202 811040786 REAL ESTATE OH CORNERSTONE RENTER EQUITY INC C -319 2377000 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ABINGTON RACE AND PLEASANT LLC D 360628 CASH