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Cornerstone University

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

EIN: 381443369 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

Overview

What is Cornerstone University?

Cornerstone University is a nonprofit institution located in Grand Rapids, Michigan, with a campus spanning 120 acres and an online presence. With over 1200 employees, including full- and part-time staff and faculty, the university provides academic instruction and support to nearly 2000 students. Its mission is to empower individuals to make a significant impact in the world by offering a Christ-centered learning environment that focuses on students' growth and development. The university comprises Cornerstone Theological Seminary, Asia Biblical Theological Seminary, and radio ministries, all dedicated to fostering spiritual and intellectual growth.


Official website here: www.cornerstone.edu

Is Cornerstone University legitimate?

Cornerstone University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone University 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: $1,009,606
Professional Fundraising Fees: $17,994
Other Salaries and Wages: $16,418,199

For more financial information, click here


Official website here: www.cornerstone.edu

What is the mission statement of Cornerstone University?

Cornerstone University is dedicated to empowering students to succeed as influential figures in the world, with a focus on Christ. The institution, comprised of Cornerstone Theological Seminary, Asia Biblical Theological Seminary, and radio ministries, offers a student-centered learning environment where Jesus Christ takes center stage. Across its academic programs, Cornerstone University strives to foster the growth of its students, enabling them to make a positive impact on their communities and beyond. Through its academic offerings and support, the university nurtures the next generation of leaders, instilling in them the values and skills necessary to excel.


Official website here: www.cornerstone.edu

Who is the CEO of Cornerstone University?

Gerson Moreno-Riano is the Principal Officer of Cornerstone University.


Official website here: www.cornerstone.edu

What is the revenue of Cornerstone University?

Cornerstone University's revenue in 2023 was $53,411,196.


Official website here: www.cornerstone.edu

Who are the executives of Cornerstone University and what are their salaries?

The average compensation at Cornerstone University during 2023 was $14,112. There are 1,235 employees and 170 volunteers at Cornerstone University.

Here are 28 key members and their salaries:

    Dr Gerson Moreno-Riano (President) [Trustee/Director]
  • Compensation: $332,681
  • Related: $0
  • Other: $25,213

    • Heidi Cece (Vp Chief Of Staff)
  • Compensation: $166,056
  • Related: $0
  • Other: $8,207

    • John Verberkmoes (Exec Dir Of Accreditation)
  • Compensation: $131,165
  • Related: $0
  • Other: $15,536

    • Scott Stewart (Vp Cfo)
  • Compensation: $126,778
  • Related: $0
  • Other: $15,252

    • Robert Sack (Vp Of Advancement)
  • Compensation: $114,725
  • Related: $0
  • Other: $16,754

    • Emilie Azkoul (Vp Of Hr)
  • Compensation: $111,201
  • Related: $0
  • Other: $19,469

    • Jonathan Marko (Associate Vice President For Academics)
  • Compensation: $110,166
  • Related: $0
  • Other: $4,175

    • Maria Mccormick (Nursing Faculty)
  • Compensation: $112,686
  • Related: $0
  • Other: $978

    • Nicole Mcdonald (Psycology Faculty)
  • Compensation: $103,468
  • Related: $0
  • Other: $2,802

    • Bradford Sample (Vp For Academics)
  • Compensation: $72,486
  • Related: $0
  • Other: $785

    • Carole Bos (Trustee, Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Hawks (Trustee, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Albert Meredith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Pray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Busch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Lee Zuidema (Trustee, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Koole (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Cook (Trustee - Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Drew Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee June (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Wielhouwer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julian Guzman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Campbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathan Vriesman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Bernd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Baker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrina Mosley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cornerstone.edu

    Where can I find the form 990 for Cornerstone University?

    The Cornerstone University’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.cornerstone.edu

    Learn more at the official website: www.cornerstone.edu

    Mission Statement of Cornerstone University

    Cornerstone University, a renowned educational institution, is dedicated to empowering men and women to thrive as influential figures in the world for Christ. By establishing a student-centered learning community where Jesus Christ takes center stage, the university seeks to foster academic excellence and spiritual growth.

    The university encompasses Cornerstone Theological Seminary, Asia Biblical Theological Seminary, and radio ministries. Together, these components aim to develop individuals into impactful leaders who can make a difference in their communities and beyond. The university's academic offerings, including instruction and support, form the nucleus of its educational expenses. With over 270 full- and part-time staff and faculty, Cornerstone University provides a nurturing environment for its nearly 2000 students, both on campus and online.

    Impact

    This information is meant to be a general summary of Cornerstone University. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cornerstone University empowers men and women to excel as influencers in the world for Christ through its student-focused learning community where Jesus Christ is central. With over 270 full- and part-time staff and faculty, the university serves just under 2000 students on a 120-acre campus and through online programs. Its impact is felt through academic instruction, support, and a mission to equip individuals to make a difference in the world for Christ.





    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 2023.

  • Investment Income: $165,277
  • Program Service Revenue: $46,579,760
  • Gross Receipts: $55,397,515

    • Assets and Liabilities:
  • Total Assets: $104,686,388
  • Total Liabilities: $6,919,386
  • Net Assets: $97,767,002
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Tuition fee revenue

    Revenue

    $37,839,077

    Organized activity revenue

    Revenue

    $480,386

    Auxiliary revenue

    Revenue

    $7,694,345

    Organization Details

    Founding Year

    1941

    Principal Officer

    Gerson Moreno-Riano

    Main Address

    1001 E Beltline NE, Grand Rapids, MI, 49525

    NTEE Category

    Code: B30 - Education

    If you are a representative of Cornerstone University and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.