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Cornerstone Public Asset Fund Inc

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

EIN: 464405437 ✦ Benton harbor, MI ✦ Designated as a 501(c)(3)

Overview

What is Cornerstone Public Asset Fund Inc?

Cornerstone Public Asset Fund Inc is a non-profit organization that works in collaboration with local communities and municipalities to foster economic growth. They function as a supporting entity to Cornerstone Alliance, a public charity, and their primary mission revolves around the development and implementation of economic development projects. By partnering with local communities, they aim to create sustainable growth and improve the overall well-being of the areas they serve.


Is Cornerstone Public Asset Fund Inc legitimate?

Cornerstone Public Asset Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Public Asset Fund Inc 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: $1,174,272

For more financial information, click here


What is the mission statement of Cornerstone Public Asset Fund Inc?
Who is the CEO of Cornerstone Public Asset Fund Inc?
What is the revenue of Cornerstone Public Asset Fund Inc?
Who are the executives of Cornerstone Public Asset Fund Inc and what are their salaries?
Where can I find the form 990 for Cornerstone Public Asset Fund Inc?

Mission Statement of Cornerstone Public Asset Fund Inc

The Cornerstone Public Asset Fund Inc is dedicated to fostering economic growth in collaboration with local communities and municipalities. This organization acts as a supporting entity to Cornerstone Alliance, a public charity. Their mission is centered around partnering with communities and municipalities to stimulate economic growth. They function as a supportive organization, contributing to the charitable efforts of Cornerstone Alliance.

Impact

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




Tuesday, June 18, 2024

Cornerstone Public Asset Fund Inc's impact lies in its dedication to fostering economic growth in collaboration with local communities and municipalities. By serving as a supporting organization to Cornerstone Alliance, a public charity, this entity plays a vital role in the development and execution of initiatives aimed at enhancing the economic landscape of Benton Harbor. Through its commitment to economic growth, Cornerstone Public Asset Fund Inc contributes to the prosperity and sustainability of the local environment, ultimately creating a more thriving and resilient 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: $5,474
  • Program Service Revenue: $2,602,924
  • Gross Receipts: $8,261,672

    • Assets and Liabilities:
  • Total Assets: $25,339,428
  • Total Liabilities: $1,681,744
  • Net Assets: $23,657,684
  • Programs

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

    PUBLIC GOLF COURSE

    Revenue

    $2,602,924

    Organization Details

    Founding Year

    2013

    Principal Officer

    Christopher J Cook

    Main Address

    80 W MAIN ST, BENTON HARBOR, MI, 49022

    NTEE Category

    Code: C30 - Environment

    If you are a representative of Cornerstone Public Asset Fund Inc 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.