Cornerstone Residential Center No 9 Nfp
Cornerstone Residential Center No 9 Nfp is a 501(c)(3) organization based in Joliet, Illinois, registered in 2012, with -$40,224 in FY2024 revenue.
777 Joyce Road, Joliet, IL, 60436 EIN 45-4728098 Since 2012
Revenue (FY2024)
-$40K
▼ 57.8% vs prior year
Housing median: $408K
Expenses (FY2024)
$0
Net assets
-$189K
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 9 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 9 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 9 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 9 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 -$18K (FY2013) to -$40K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $750KNet assets -$189K
Operating margin
-100.0%
Spent more than it raised in the latest fiscal year.
Total assets
$561K
Total liabilities
$750K
Net assets
-$189K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$40,224▼57.8% | $0 | -$188,786▼27.1% | $561,032▼2.2% | 990 |
| 2023 | -$25,492▼35.5% | $0 | -$148,562▼20.7% | $573,523▼4.9% | 990 |
| 2022 | -$18,818▲20.5% | $0 | -$123,070▼18.1% | $602,873▼4.1% | 990 |
| 2021 | -$23,660▼9.3% | $0 | -$104,252▼29.4% | $628,498▼3.2% | 990 |
| 2020 | -$21,652▼1.2% | $0 | -$80,592▼36.7% | $649,579▼1.0% | 990 |
| 2019 | -$21,400▲17.4% | $0 | -$58,940▼57.0% | $656,208▼3.2% | 990 |
| 2018 | -$25,900▼33.5% | $0 | -$37,540▼223% | $677,934▼3.4% | 990 |
| 2017 | -$19,404▲13.5% | $0 | -$11,640▼250% | $701,664▼3.3% | 990 |
| 2016 | -$22,439▼2.1% | $0 | $7,764▼74.3% | $725,482▼3.3% | 990 |
| 2015 | -$21,967▲19.6% | $0 | $30,203▼42.1% | $750,334▼2.7% | 990 |
| 2014 | -$27,322▼54.5% | $0 | $52,170▼34.4% | $770,997▼4.7% | 990 |
| 2013 | -$17,687 | $0 | $79,492▼18.2% | $808,808▲124% | 990 |
| 2012 | — | $0 | $97,179 | $361,510 | 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 9 Nfp a legitimate nonprofit?
- Yes. Cornerstone Residential Center No 9 Nfp is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-4728098, based in Joliet, Illinois. Donations are tax-deductible.
- What is Cornerstone Residential Center No 9 Nfp's EIN?
- Cornerstone Residential Center No 9 Nfp's Employer Identification Number (EIN) is 45-4728098.
- How much revenue does Cornerstone Residential Center No 9 Nfp report?
- Cornerstone Residential Center No 9 Nfp reported -$40,224 in total revenue on its fiscal year 2024 IRS Form 990 filing.
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Data for Cornerstone Residential Center No 9 Nfp (EIN 45-4728098) 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.