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Cornerstone Corporation

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

EIN: 431108915 ✦ Saint louis, MO ✦ Designated as a 501(c)(3)

Overview

What is Cornerstone Corporation?

Cornerstone Corporation is a Christian Community Development Corporation situated in Saint Louis, Missouri, specifically at 6030 ETZEL. This nonprofit organization is dedicated to providing an equitable opportunity for quality, affordable housing to individuals who might otherwise be unable to secure such accommodations. Beyond offering housing solutions, Cornerstone empowers its community members to enhance their capacities, enabling them to pursue their life goals with dignity. The corporation also collaborates with the community, contributing to neighborhood development and fostering personal achievement in the West End neighborhood. With a modest workforce of two dedicated individuals, Cornerstone Corporation's mission is to instill hope and value in the community while promoting affordable housing and community development.


Official website here: www.cornerstonestl.org

Is Cornerstone Corporation legitimate?

Cornerstone Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Corporation 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: $92,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,510

For more financial information, click here


Official website here: www.cornerstonestl.org

What is the mission statement of Cornerstone Corporation?

Cornerstone Corporation, as a Christian Community Development Corporation, strives to offer an equal opportunity for affordable housing to individuals who might not otherwise have access to it. The organization operates with the goal of instilling hope and value within the community, contributing to its development and aiding residents in achieving their life goals with dignity. By collaborating with community members, Cornerstone Corporation seeks to enhance their capacity to achieve personal achievements.


Official website here: www.cornerstonestl.org

Who is the CEO of Cornerstone Corporation?

Jeremy Moore is the President of Cornerstone Corporation.


Official website here: www.cornerstonestl.org

What is the revenue of Cornerstone Corporation?

Cornerstone Corporation's revenue in 2022 was $957,441.


Official website here: www.cornerstonestl.org

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

The average compensation at Cornerstone Corporation during 2022 was $86,226. There are 2 employees at Cornerstone Corporation.

Here are 6 key members and their salaries:

    Jeremy Moore (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Lisa Potts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Savage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tonnie Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Treena Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cornerstonestl.org

    Where can I find the form 990 for Cornerstone Corporation?

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


    Official website here: www.cornerstonestl.org

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

    Mission Statement of Cornerstone Corporation

    Cornerstone Corporation, a Christian Community Development Corporation, is dedicated to providing an equal opportunity for quality, affordable housing to individuals who would otherwise be unable to secure such living arrangements. Beyond housing, the organization seeks to instill value and hope within the neighborhood it serves. Through its mission, Cornerstone Corporation strives to foster community development and encourage personal achievement, empowering residents to reach their life goals with dignity.

    Impact

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




    Saturday, July 20, 2024

    Cornerstone Corporation is making a profound impact in the Saint Louis community by providing equitable opportunities for quality, affordable housing to individuals who may not have access otherwise. Their focus on empowering community members to achieve their life goals with dignity and fostering collaboration within the community is truly transformative. Through their efforts, Cornerstone Corporation is not just addressing the housing needs but also nurturing personal growth and promoting community development in the West End neighborhood. Their work instills value and hope in the residents, ultimately leading to a more resilient and thriving community.





    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: $474,756
  • Program Service Revenue: $137,681
  • Gross Receipts: $957,441

    • Assets and Liabilities:
  • Total Assets: $1,292,829
  • Total Liabilities: $192,053
  • Net Assets: $1,100,776
  • Programs

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

    RENTAL HOUSING

    Revenue

    $137,681

    Organization Details

    Founding Year

    1976

    Principal Officer

    Jeremy Moore

    Main Address

    6030 ETZEL, Saint Louis, MO, 63112

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Cornerstone Corporation 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.