Cornerstone Credit Union
Freeport, Illinois
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,921,070↑14% | $7,368,293↑31% | $142,504,905↓2% | — |
| 2022 | $6,965,510↑26% | $5,613,826↑11% | $145,441,779↓1% | — |
| 2021 | $5,518,746↑2% | $5,070,418↓7% | $146,270,936↑8% | — |
| 2020 | $5,424,795↓14% | $5,423,678↓7% | $135,102,332↑12% | — |
| 2019 | $6,338,472↓2% | $5,811,169↓3% | $120,430,604↑4% | — |
| 2018 | $6,479,141↓1% | $5,996,146↓9% | $116,104,761↑5% | — |
| 2017 | $6,542,916↓1% | $6,602,353↑2% | $110,715,450↑1% | — |
| 2016 | $6,577,030↑10% | $6,501,643↑14% | $109,534,868↑5% | — |
| 2015 | $5,996,689↑1% | $5,717,317↓3% | $103,949,783↑4% | — |
| 2014 | $5,915,018↓2% | $5,895,271↓3% | $100,386,570↓2% | — |
| 2013 | $6,044,528↑2% | $6,085,769↑2% | $102,466,561↑2% | — |
| 2012 | $5,933,557↓4% | $5,968,772↓6% | $100,157,681↑1% | — |
| 2011 | $6,158,310 | $6,382,778 | $98,891,703 | — |
Frequently Asked Questions
What does Cornerstone Credit Union do?▼
Cornerstone Credit Union is a public & societal benefit nonprofit organization based in Illinois. It is classified under NTEE code W61 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Cornerstone Credit Union financially healthy?▼
Based on our 9-metric Financial Health Score model, Cornerstone Credit Union has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Cornerstone Credit Union generate?▼
Cornerstone Credit Union reports $9.4M in annual revenue and holds $163.6M in total assets, based on IRS filings.
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