Cornerstone Residential Center No 8 Nfp
Cornerstone Residential Center No 8 Nfp is a 501(c)(3) organization based in Joliet, Illinois, registered in 2012, with -$38,316 in FY2024 revenue.
777 Joyce Road, Joliet, IL, 60436 EIN 45-4728065 Since 2012
Revenue (FY2024)
-$38K
▼ 44.5% vs prior year
Housing median: $408K
Expenses (FY2024)
$0
Net assets
-$194K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Cornerstone Residential Center No 8 Nfp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
—Financial health25% of the ratingNo headline financials
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. Not scored for Cornerstone Residential Center No 8 Nfp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Cornerstone Residential Center No 8 Nfp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cornerstone Residential Center No 8 Nfp: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 777 Joyce Road, Joliet, IL, 60436
- City
- Joliet
- State
- Illinois
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue declined from -$7,626 (FY2013) to -$38K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $742KNet assets -$194K
Operating margin
-100.0%
Spent more than it raised in the latest fiscal year.
Total assets
$548K
Total liabilities
$742K
Net assets
-$194K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$38,316▼44.5% | $0 | -$193,949▼24.6% | $548,140▼3.5% | 990 |
| 2023 | -$26,516▼39.7% | $0 | -$155,633▼20.5% | $567,962▼3.8% | 990 |
| 2022 | -$18,986▲0.4% | $0 | -$129,117▼17.2% | $590,263▼3.5% | 990 |
| 2021 | -$19,071▼0.6% | $0 | -$110,131▼20.9% | $611,719▼3.4% | 990 |
| 2020 | -$18,957▲17.6% | $0 | -$91,060▼26.3% | $633,052▼3.6% | 990 |
| 2019 | -$22,993▲12.3% | $0 | -$72,103▼46.8% | $656,836▼3.4% | 990 |
| 2018 | -$26,230▼28.2% | $0 | -$49,110▼115% | $679,908▼2.9% | 990 |
| 2017 | -$20,457▲21.2% | $0 | -$22,880▼844% | $700,363▼5.2% | 990 |
| 2016 | -$25,965▲17.1% | $0 | -$2,423▼110% | $738,738▼1.6% | 990 |
| 2015 | -$31,326▼13.9% | $0 | $23,542▼57.1% | $750,459▼3.0% | 990 |
| 2014 | -$27,509▼261% | $0 | $54,868▼33.4% | $773,926▼4.5% | 990 |
| 2013 | -$7,626 | $0 | $82,377▼8.5% | $810,286▲76.2% | 990 |
| 2012 | — | $0 | $90,003 | $459,835 | 990 |
| 2011 | — | $0 | $0 | $0 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Cornerstone Residential Center No 8 Nfp a legitimate nonprofit?
- Yes. Cornerstone Residential Center No 8 Nfp is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-4728065, based in Joliet, Illinois. Donations are tax-deductible.
- What is Cornerstone Residential Center No 8 Nfp's EIN?
- Cornerstone Residential Center No 8 Nfp's Employer Identification Number (EIN) is 45-4728065.
- How much revenue does Cornerstone Residential Center No 8 Nfp report?
- Cornerstone Residential Center No 8 Nfp reported -$38,316 in total revenue on its fiscal year 2024 IRS Form 990 filing.
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Data for Cornerstone Residential Center No 8 Nfp (EIN 45-4728065) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.