Civic Intelligence

Renaissance Development Fund

990 • Fiscal year 2019 • EIN 38-3367429

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

Organization ProfileCSTONEALLIANCE.ORG
80 W Main StBenton Harbor, MI 49022

(269) 925-6100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.31x

Higher debt load relative to assets than 97% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

2.59x

Higher debt load relative to revenue than 88% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

43rd percentile

$223,788

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

1st percentile

-55%

Faster asset growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

593%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$28,671,588

Down $34,794,883 (-55%) from 2018

Net Assets

Up

-$8,993,088

Up $9,940,176 (+53%) from 2018

Liabilities

Down

$37,664,676

Down $44,735,059 (-54%) from 2018

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin95th percentile

Revenue

Up

$14,531,595

Up $12,433,585 (+593%) from 2018

Expenses

Up

$4,388,034

Up $72,025 (+1.7%) from 2018

Net Income

Up

$10,143,561

Up $12,361,560 (+557%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0-$50MAssets 2010: $68,596,991Liabilities 2010: $66,184,913Net Assets 2010: $2,412,0782010Assets 2011: $74,327,213Liabilities 2011: $77,928,052Net Assets 2011: -$3,600,8392011Assets 2012: $85,877,954Liabilities 2012: $88,243,868Net Assets 2012: -$2,365,9142012Assets 2013: $71,591,843Liabilities 2013: $76,039,633Net Assets 2013: -$4,447,7902013Assets 2014: $71,353,063Liabilities 2014: $74,750,691Net Assets 2014: -$3,397,6282014Assets 2015: $63,907,669Liabilities 2015: $71,887,676Net Assets 2015: -$7,980,0072015Assets 2016: $56,038,998Liabilities 2016: $63,706,957Net Assets 2016: -$7,667,9592016Assets 2017: $69,680,956Liabilities 2017: $86,185,605Net Assets 2017: -$16,504,6492017Assets 2018: $63,466,471Liabilities 2018: $82,399,735Net Assets 2018: -$18,933,2642018Assets 2019: $28,671,588Liabilities 2019: $37,664,676Net Assets 2019: -$8,993,0882019Assets 2020: $29,918,588Liabilities 2020: $35,250,859Net Assets 2020: -$5,332,2712020Assets 2021: $26,943,889Liabilities 2021: $32,965,079Net Assets 2021: -$6,021,1902021Assets 2022: $22,142,034Liabilities 2022: $32,345,602Net Assets 2022: -$10,203,5682022Assets 2023: $20,236,384Liabilities 2023: $29,543,621Net Assets 2023: -$9,307,2372023Assets 2024: $19,841,908Liabilities 2024: $27,897,571Net Assets 2024: -$8,055,6632024

Highlighted filing

2019

Assets$28,671,588
Liabilities$37,664,676
Net Assets-$8,993,088
Open 2019 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MExpenses 2010: $4,786,7772010Expenses 2011: $6,414,3652011Expenses 2012: $6,885,1132012Revenue 2013: $17,136,640Expenses 2013: $7,539,996Net Income 2013: $9,596,6442013Revenue 2014: $7,891,980Expenses 2014: $6,272,046Net Income 2014: $1,619,9342014Revenue 2015: $3,341,075Expenses 2015: $5,615,154Net Income 2015: -$2,274,0792015Revenue 2016: $836,254Expenses 2016: $1,913,647Net Income 2016: -$1,077,3932016Revenue 2017: $882,106Expenses 2017: $4,248,796Net Income 2017: -$3,366,6902017Revenue 2018: $2,098,010Expenses 2018: $4,316,009Net Income 2018: -$2,217,9992018Revenue 2019: $14,531,595Expenses 2019: $4,388,034Net Income 2019: $10,143,5612019Revenue 2020: $6,916,378Expenses 2020: $3,255,561Net Income 2020: $3,660,8172020Revenue 2021: $2,827,375Expenses 2021: $3,516,294Net Income 2021: -$688,9192021Revenue 2022: $2,743,175Expenses 2022: $2,820,695Net Income 2022: -$77,5202022Revenue 2023: $5,877,883Expenses 2023: $3,204,065Net Income 2023: $2,673,8182023Revenue 2024: $4,163,048Expenses 2024: $3,861,069Net Income 2024: $301,9792024

Highlighted filing

2019

Revenue$14,531,595
Expenses$4,388,034
Net Income$10,143,561
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$14,988,942
Mission and Program Overview

Mission

The organization, partnering with cornerstone alliance, engages in the development of economic growth for the cities of benton harbor and st. Joseph and the townships of benton, lincoln and royalton.

The renaissance development fund is engaged in the development and implementation of economic growth for the cities of benton harbor and st. Joseph and the townships of benton, lincoln and royalton.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,939,458$23,018,682▲ $79,224
Other Notes and Loans Receivable, Net$3,880,541$2,689,328▼ $1,191,213
Savings and Temporary Cash Investments$1,698,297$2,512,950▲ $814,653
Accounts Receivable$374,161$141,736▼ $232,425
Investments Other Securities$33,088$33,088→ $0
Prepaid Expenses and Deferred Charges-$3,912-
Total Assets$63,466,471$28,671,588▼ $34,794,883
Other Assets Total$34,540,926$271,892▼ $34,269,034
Liabilities
Mortgage Notes Payable Secured by Investment Property$45,465,131$36,722,375▼ $8,742,756
Accounts Payable and Accrued Expenses$3,745,668$585,264▼ $3,160,404
Other Liabilities$33,188,936$357,037▼ $32,831,899
Total Liabilities$82,399,735$37,664,676▼ $44,735,059
Net Assets / Fund Balance
Net Assets With Donor Restrictions$229,998$231,061▲ $1,063
Net Assets Without Donor Restrictions$-19,163,262$-9,224,149▲ $9,939,113
Total Net Assets Fund Balance$-18,933,264$-8,993,088▲ $9,940,176
Total Liabilities and Net Assets / Fund Balance$63,466,471$28,671,588▼ $34,794,883

Asset Categories

AssetBook ValueDepreciationBasis
Land$16,881,665-$16,881,665
Leasehold Improvements$1,657,581-$1,657,581
Buildings$4,479,436$109,407-
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeOtherTotal
Greg VaughnPresidentPT$118,471$118,471
Ronald GriesingerCFOPT$100,359$100,359

Board Members and Trustees

NameTitle
Jim TomczykVice President
Alan BerryDirector
David BlyDirector
Ken AnkliDirector
Stacey StephensDirector
Robert ClevelandSecretary
David SchafferTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Evergreen Development CompanyManagement Services400 RIVERVIEW DR, Benton Harbor, MI 49022$859,937
Revenue and Support

Revenue Composition

Contributions and Grants
$509,469
Program Service Revenue
$17,492
Investment Income
$298,554
Other Revenue
$13,706,080
All Other Contributions
$495,000
Change in Net Assets
$10,143,561

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$495,000Appraisal
Total Noncash Contributions1$495,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,387,974
Grants and Similar Amounts Paid$60
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$2,419,529--$2,419,529
Fees for Services Management-$874,672-$874,672
Fees for Services Other$152,684$133,768-$286,452
Advertising$182,133--$182,133
Occupancy$128,219$7,200-$135,419
Depreciation Depletion$116,740--$116,740
Fees for Services Accounting-$69,050-$69,050
Fees for Services Legal-$58,836-$58,836
Office Expenses$20,487$24,962-$45,449
Insurance$536$33,585-$34,121
All Other Expenses$3,453$409-$3,862
Other Expenses$2,085--$2,085
Travel$390--$390
Conferences and Meetings-$150-$150
Grants to Domestic Orgs$60--$60
Total Functional Expenses$3,185,402$1,202,632$0$4,388,034
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$194,326
Deferred Hv Development Costs$146,311
Escrow Deposits$14,000
Security Deposit - Rentals$2,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Both the president of the organization and the organization's accounting consultant review the draft 990. After their review, management of the organization emails a draft copy of the form 990 to all board members for their review prior to filing.”

Form 990, Part VI, Section B, Line 15

“Compensation of the organization's officers is determined by the related organization from which they are compensated. The related organization's process is as follows: compensation for the president/ceo is reviewed and approved by the compensation committee. Compensation committee uses comparable data to review president/ceo compensation. The compensation for the remaining officers and key employees is reviewed and approved by the president/ceo. The most recent year for this evaluation was 2019.”

Form 990, Part VI, Section C, Line 19

“A copy of the organization's governing documents, conflict of interest policy, and financial statements are available upon request at the renaissance development office.”

Filing and Contact Details

Filer

Filer Name
Renaissance Development Fund
EIN
38-3367429
Phone
2699256100
Address
80 W MAIN ST, BENTON HARBOR, MI 49022

Signing Officer

Name
Rob Cleveland
Title
Secretary
Phone
2699256100
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory Vaughn
Formed
1997
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Plante & Moran Pllc
Address
750 TRADE CENTRE WAY STE 300, PORTAGE, MI 49002
Preparer
Lynne M Huismann
Phone
2695674500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Impairment/adjustment of fair value -90,836. Impairment of property held for sale -112,549.”

FORM 990, PART XII, LINE 2C:

“The audit oversight and selection processes have not changed from the prior year.”

Raw XML AppendixShowing 400 of 583 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt033585
IRS990/InsuranceGrp/ProgramServicesAmt0536
IRS990/InsuranceGrp/TotalAmt034121
IRS990/InterestGrp/ProgramServicesAmt02419529
IRS990/InterestGrp/TotalAmt02419529
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0171736
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt033088
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt033088
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt023018682
IRS990/LandBldgEquipCostOrOtherBssAmt023128089
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt042159
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt010818
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0250000
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0260818
IRS990/MissionDesc0THE ORGANIZATION, PARTNERING WITH CORNERSTONE ALLIANCE, ENGAGES IN THE DEVELOPMENT OF ECONOMIC GROWTH FOR THE CITIES OF BENTON HARBOR AND ST. JOSEPH AND THE TOWNSHIPS OF BENTON, LINCOLN AND ROYALTON.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt045465131
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt036722375
IRS990/NetAssetsOrFundBalancesBOYAmt0-18933264
IRS990/NetAssetsOrFundBalancesEOYAmt0-8993088
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0126818
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0126818
IRS990/NetIncomeOrLossGrp/ExclusionAmt0118288
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0118288
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt026400
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt026400
IRS990/NetUnrelatedBusTxblIncmAmt0-490
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-19163262
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-9224149
IRS990/NoncashContributionsAmt0495000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt07200
IRS990/OccupancyGrp/ProgramServicesAmt0128219
IRS990/OccupancyGrp/TotalAmt0135419
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt024962
IRS990/OfficeExpensesGrp/ProgramServicesAmt020487
IRS990/OfficeExpensesGrp/TotalAmt045449
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt034540926
IRS990/OtherAssetsTotalGrp/EOYAmt0271892
IRS990/OtherChangesInNetAssetsAmt0-203385
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3LICENSES & PERMITS
IRS990/OtherExpensesGrp/ProgramServicesAmt086250
IRS990/OtherExpensesGrp/ProgramServicesAmt169506
IRS990/OtherExpensesGrp/ProgramServicesAmt23330
IRS990/OtherExpensesGrp/ProgramServicesAmt32085
IRS990/OtherExpensesGrp/TotalAmt086250
IRS990/OtherExpensesGrp/TotalAmt169506
IRS990/OtherExpensesGrp/TotalAmt23330
IRS990/OtherExpensesGrp/TotalAmt32085
IRS990/OtherLiabilitiesGrp/BOYAmt033188936
IRS990/OtherLiabilitiesGrp/EOYAmt0357037
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2236000
IRS990/OtherRevenueMiscGrp/Desc0DEBT FORGIVENESS
IRS990/OtherRevenueMiscGrp/Desc1MBT INCOME
IRS990/OtherRevenueMiscGrp/Desc2TIF REIMBURSEMENT INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt010846100
IRS990/OtherRevenueMiscGrp/ExclusionAmt11289811
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01164663
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010846100
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11289811
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21164663
IRS990/OtherRevenueTotalAmt013561392
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03880541
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02689328
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03912
IRS990/PrincipalOfficerNm0GREGORY VAUGHN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM LOAN INTEREST AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017492
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017492
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt031372
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt073296
IRS990/PYOtherExpensesAmt04316009
IRS990/PYOtherRevenueAmt01980256
IRS990/PYProgramServiceRevenueAmt013086
IRS990/PYRevenuesLessExpensesAmt0-2217999
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04316009
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02098010
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt010143561
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt026400
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01182155
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01698297
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02512950
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SINCE ITS INCEPTION, RENAISSANCE DEVELOPMENT FUND HAS WORKED CLOSELY WITH CORNERSTONE ALLIANCE TO FULFILL THEIR STRONGLY-ALIGNED MISSIONS. RENAISSANCE DEVELOPMENT FUND'S OPERATIONS ARE WHOLLY DEPENDENT ON CORNERSTONE ALLIANCE. SPECIFICALLY, THE ENTITY DOES NOT HAVE ITS OWN EMPLOYEES - ALL TASKS ARE COMPLETED BY EMPLOYEES OF THE SUPPORTED ORGANIZATION. ADDITIONALLY, THE ORGANIZATIONS SHARE COMMON DAY-TO-DAY MANAGEMENT, AS THE SAME OFFICERS SUPERVISE/OPERATE EACH ENTITY. THE PURPOSES OF BOTH ORGANIZATIONS ARE ALIGNED IN THE ARTICLES OF INCORPORATION, AND THE INTENT FOR RENAISSANCE DEVELOPMENT FUND TO BE A SUPPORTING ORGANIZATION TO CORNERSTONE ALLIANCE IS CLEAR WITHIN THESE ARTICLES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION C, LINE 1:
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0382772476
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CORNERSTONE ALLIANCE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04479436
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0109407
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04588843
IRS990ScheduleD/LandGrp/BookValueAmt016881665
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt016881665
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01657581
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01657581
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0194326
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1146311
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt314000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED HV DEVELOPMENT COSTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSIT - RENTALS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ESCROW DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt023018682
IRS990ScheduleD/TotalLiabilityAmt0357037
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt012000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0192728
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09250

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,671,588
Liabilities
$37,664,676
Net assets
-$8,993,088
Revenue
$14,531,595
Expenses
$4,388,034
Net income
$10,143,561
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.8$27.9$8.06$4.16$3.86$0.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$29.5$9.31$5.88$3.20$2.67
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.1$32.3$10.2$2.74$2.82$0.08
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$26.9$33.0$6.02$2.83$3.52$0.69
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.9$35.3$5.33$6.92$3.26$3.66
2019Detailed filing. Detailed filing data is available for this year.$28.7$37.7$8.99$14.5$4.39$10.1
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.5$82.4$18.9$2.10$4.32$2.22
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.7$86.2$16.5$0.88$4.25$3.37
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.0$63.7$7.67$0.84$1.91$1.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.9$71.9$7.98$3.34$5.62$2.27
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$71.4$74.8$3.40$7.89$6.27$1.62
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$71.6$76.0$4.45$17.1$7.54$9.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.9$88.2$2.37$6.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.3$77.9$3.60$6.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.6$66.2$2.41$4.79