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Cornerstone Residential Center No 2 Nfp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204707872 ✦ Joliet, IL ✦ Designated as a 501(c)(3)

Overview

What is Cornerstone Residential Center No 2 Nfp?

Cornerstone Residential Center No 2 Nfp is a nonprofit organization based in Joliet, Illinois, specifically located at 777 Joyce Road. The primary mission of this organization is to provide housing for eligible, low-income individuals with disabilities. It was incorporated with the specific aim of acquiring and operating a federally subsidized housing development in Joliet, Illinois. The organization's goal is to offer a safe and supportive living environment for those in need, contributing to the betterment of their lives. Despite not having detailed information about the scope of their activities or the extent of their reach, it is clear that Cornerstone Residential Center No 2 Nfp is dedicated to making a difference in the lives of people with disabilities by providing them with affordable housing.


Is Cornerstone Residential Center No 2 Nfp legitimate?

Cornerstone Residential Center No 2 Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Residential Center No 2 Nfp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Cornerstone Residential Center No 2 Nfp?
Who is the CEO of Cornerstone Residential Center No 2 Nfp?
What is the revenue of Cornerstone Residential Center No 2 Nfp?
Who are the executives of Cornerstone Residential Center No 2 Nfp and what are their salaries?
Where can I find the form 990 for Cornerstone Residential Center No 2 Nfp?

Mission Statement of Cornerstone Residential Center No 2 Nfp

Cornerstone Residential Center No 2 Nfp, a nonprofit organization, was established with a singular purpose: to provide housing for low-income individuals with disabilities. This mission led to the construction of a residence in an undisclosed location, where eligible tenants can call home. The organization's primary focus is on acquiring and operating a federally subsidized housing development, ensuring that those in need have access to safe, affordable housing. By offering this essential service, Cornerstone Residential Center No 2 Nfp is making a significant contribution to the well-being of its community members with disabilities, providing them with a place to live with dignity and comfort.

Impact

This information is meant to be a general summary of Cornerstone Residential Center No 2 Nfp. Please take the time to review official sources before making any decisions based upon the content provided here.




Tuesday, June 18, 2024

Cornerstone Residential Center No 2 Nfp provides crucial housing support to low-income individuals with disabilities in Joliet, Illinois. By successfully building and operating a residence specifically designed for this population, the organization has significantly impacted the community. It has enabled vulnerable individuals to access safe and affordable housing, thereby promoting their well-being and stability. In addition to addressing the housing needs of this marginalized group, Cornerstone Residential Center No 2 Nfp also plays a vital role in supporting mental health and overall quality of life for its residents.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12
  • Program Service Revenue: $0
  • Gross Receipts: $58,048

    • Assets and Liabilities:
  • Total Assets: $455,761
  • Total Liabilities: $594,934
  • Net Assets: -$139,173
  • Organization Details

    Founding Year

    2006

    Principal Officer

    Benjamin T Stortz

    Main Address

    777 JOYCE ROAD, JOLIET, IL, 60436

    NTEE Category

    Code: F33 - Mental health

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