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Cornerstone Alliance

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

EIN: 382772476 ✦ Benton harbor, MI ✦ Designated as a 501(c)(3)

Overview

What is Cornerstone Alliance?

Cornerstone Alliance is an economic development organization situated in Benton Harbor, Michigan. Their primary mission is to enhance the economic prosperity of Michigan's southwest region. The organization has a strategic plan for 2018-2020, focusing on five key areas: attracting new businesses, retaining and expanding existing ones, fostering entrepreneurship, nurturing talent, and enhancing the region's image. To achieve these objectives, they engage in activities such as generating business leads, supporting existing businesses, promoting startups, and improving the region's perception.


Official website here: www.cstonealliance.org

Is Cornerstone Alliance legitimate?

Cornerstone Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Alliance 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: $406,491
Professional Fundraising Fees: $0
Other Salaries and Wages: $568,060

For more financial information, click here


Official website here: www.cstonealliance.org

What is the mission statement of Cornerstone Alliance?

Cornerstone Alliance, an economic development organization, is committed to enhancing the economic performance of a specific region. Their mission is primarily focused on five key areas: attracting new businesses and generating leads, retaining and expanding existing businesses, promoting entrepreneurship and startup companies, nurturing talent, and improving the region's perception. Their strategic plan for 2018-2020 aims to achieve these objectives.


Official website here: www.cstonealliance.org

Who is the CEO of Cornerstone Alliance?

Rob Cleveland is the Chair of Cornerstone Alliance. The CEO's salary of Cornerstone Alliance is $262,776 and their total compensation is $275,625.


Official website here: www.cstonealliance.org

What is the revenue of Cornerstone Alliance?

Cornerstone Alliance's revenue in 2022 was $3,194,171.


Official website here: www.cstonealliance.org

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

The average compensation at Cornerstone Alliance during 2022 was $81,213. There are 12 employees and 20 volunteers at Cornerstone Alliance.

Here are 30 key members and their salaries (Cornerstone Alliance's CEO's salary is $262,776 and their total compensation is $275,625):

    Robert Cleveland (President/Ceo)
  • Compensation: $262,776
  • Related: $0
  • Other: $12,849

    • Christina Frank (Vp Of Extrnal Affairs)
  • Compensation: $128,083
  • Related: $0
  • Other: $2,782

    • John Janick (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Todman (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Von Dorpowski (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria Ender (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Geik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelley Klug (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Mcfarland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Norma Tirado-Kellenberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Villa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Whah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Klyn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natalie Baggio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Drews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Dyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Goos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vail Harding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julio Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Obren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Werme (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Dissette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Saleeby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Gebbie (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Hanley (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Noel (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry O'Rourke (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Garey (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cstonealliance.org

    Where can I find the form 990 for Cornerstone Alliance?

    The Cornerstone Alliance’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cstonealliance.org

    Learn more at the official website: www.cstonealliance.org

    Mission Statement of Cornerstone Alliance

    Cornerstone Alliance, an economic development organization, is committed to enhancing the economic performance of Michigan's southwest region. Their mission is twofold: firstly, they strive to attract new businesses and generate leads in the area. Secondly, they focus on retaining, expanding, and supporting existing businesses within their scope. Additionally, they encourage entrepreneurship and the growth of startup companies to further boost the local economy. Furthermore, Cornerstone Alliance is dedicated to nurturing talent in the region, recognizing its significance in fostering a thriving business environment. Lastly, they aim to improve the overall perception of the region, working towards a positive and attractive image for potential investors and entrepreneurs.

    Impact

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




    Saturday, July 20, 2024

    Cornerstone Alliance has a significant impact on the economic performance of Michigan's great southwest region. Through their strategic initiatives focused on generating leads for new businesses, retaining and supporting existing businesses, promoting entrepreneurship, growing talent, and improving the region's perception, Cornerstone Alliance plays a crucial role in driving economic development and community improvement in Benton Harbor and beyond. Their efforts contribute to job creation, business growth, and overall economic prosperity in the region.





    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: $-18,080
  • Program Service Revenue: $252,882
  • Gross Receipts: $3,226,346

    • Assets and Liabilities:
  • Total Assets: $8,999,885
  • Total Liabilities: $2,947,317
  • Net Assets: $6,052,568
  • Programs

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

    PROGRAM RENTAL INCOME

    Revenue

    $122,340

    OTHER PROGRAM INCOME

    Revenue

    $62,190

    PARTNERSHIP INCOME

    Revenue

    $41,144

    REIMBURSEMENTS FOR PRO

    Revenue

    $27,208

    Organization Details

    Founding Year

    1988

    Principal Officer

    Rob Cleveland

    Main Address

    80 W MAIN ST, BENTON HARBOR, MI, 49022

    NTEE Category

    Code: S300 - Community improvement

    If you are a representative of Cornerstone Alliance 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.