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Cornerstone Assisted Living Inc

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

EIN: 481241079 ✦ St louis, MO ✦ Designated as a 501(c)(3)

Overview

What is Cornerstone Assisted Living Inc?

Cornerstone Assisted Living Inc, inspired by the healing mission of the Catholic Church, is a nonprofit organization based in St. Louis, Missouri. Rooted in the Catholic tradition of caring, CAL is committed to maximizing the dignity and independence of the elderly residents they serve. As part of Ascension Living, the organization continually develops and adopts new best practices in care. With a skilled nursing facility and two campuses, CAL offers assisted living and memory care. In 2022, the skilled nursing facility had an average occupancy of 59%, or 73.5%, and the assisted living campus had an average occupancy of 55%, or 86.9%. In FY2022, the organization provided 11,154 days of care to the poor. CAL serves the Wichita area and surrounding counties, including Sedgwick, Reno, Kingman, and Harvey. The organization is recognized for its commitment to serving all persons, with special attention to those who are poor and vulnerable. CAL is part of the Ascension Catholic Health Ministry, dedicated to spiritually-centered, holistic care that sustains and improves the health of individuals and communities. In the ongoing challenges of the COVID-19 global pandemic, the filing organization served in support of Ascension's commitment to care for patients and communities and support caregivers and other associates.


Official website here: www.see schedule o

Is Cornerstone Assisted Living Inc legitimate?

Cornerstone Assisted Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Assisted Living 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: $4,978,863

For more financial information, click here


Official website here: www.see schedule o

What is the mission statement of Cornerstone Assisted Living Inc?

Rooted in the compassionate ministry of Jesus as a healer, Cornerstone Assisted Living Inc is committed to serving all individuals, with a special focus on those who are economically disadvantaged and vulnerable. Their mission is grounded in spiritually-centered, holistic care, aimed at sustaining and enhancing the health of individuals and communities. This mission extends beyond their residents, with Cornerstone Assisted Living Inc advocating for a more compassionate and just society through their actions and words. They prioritize the wellbeing of their residents, providing a quality living environment that supports their general health.


Official website here: www.see schedule o

What is the revenue of Cornerstone Assisted Living Inc?

Cornerstone Assisted Living Inc's revenue in 2022 was $12,656,172.


Official website here: www.see schedule o

Who are the executives of Cornerstone Assisted Living Inc and what are their salaries?

The average compensation at Cornerstone Assisted Living Inc during 2022 was $20,659. There are 241 employees and 7 volunteers at Cornerstone Assisted Living Inc.

Here are 9 key members and their salaries (Cornerstone Assisted Living Inc's CEO's salary is $0 and their total compensation is $783,239):

    Daniel Stricker (President & Ceo, Ascension Living)
  • Compensation: $0
  • Related: $740,692
  • Other: $42,547

    • Michael Robert Gordon (Cfo, Ascension Living)
  • Compensation: $0
  • Related: $429,009
  • Other: $40,484

    • Robyn R Chadwick (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $406,130
  • Other: $41,425

    • Joy M Scott (Director)
  • Compensation: $0
  • Related: $401,516
  • Other: $44,249

    • Mary G Trupiano (Former Officer (End 6/2019))
  • Compensation: $0
  • Related: $250,212
  • Other: $0

    • Jarrod L Hayes (Executive Director)
  • Compensation: $107,283
  • Related: $0
  • Other: $25,527

    • John Womack Md (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zandi Smart Rn (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Brull Dvm Do (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.see schedule o

    Where can I find the form 990 for Cornerstone Assisted Living Inc?

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


    Official website here: www.see schedule o

    Learn more at the official website: www.see schedule o

    Mission Statement of Cornerstone Assisted Living Inc

    Cornerstone Assisted Living Inc, rooted in the loving ministry of Jesus as Healer, is dedicated to serving all persons, with special attention to those who are poor and vulnerable. This Catholic health ministry is committed to providing spiritually-centered, holistic care that sustains and improves the health of individuals and communities. The organization advocates for a compassionate and just society through their actions and words.

    At the heart of Cornerstone Assisted Living Inc's mission is the provision of quality residential retirement living that promotes the general health of their residents. Their care is grounded in the values of compassion, respect, and dignity, ensuring that every individual receives the care they deserve. The organization's commitment to serving the poor and vulnerable is not just a statement, but a lived reality, as they strive to make a positive impact on the lives of those they serve.

    Cornerstone Assisted Living Inc's approach to care is holistic, addressing not just the physical needs of their residents, but also their emotional, social, and spiritual well-being. This commitment to comprehensive care is an integral part of their Catholic health ministry, which seeks to address the whole person and improve the health of both individuals and communities. Through their advocacy efforts, they aim to create a society where compassion and justice are prioritized, ensuring that all members of the community have access to the care and support they need to thrive.

    Impact

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




    Thursday, August 15, 2024

    Cornerstone Assisted Living Inc's impact is significant in providing quality residential retirement living that promotes the general health of their residents. Inspired by the healing mission of the Catholic Church, Cornerstone Assisted Living, Inc. maximizes the dignity and independence of the residents they serve. Rooted in the Catholic tradition of caring, as a corporate member of Ascension Living, their community continually develops and adopts new best practices in care to enhance the experience of residents, program participants, and patients.

    With a skilled nursing facility and two campuses providing assisted living and memory care, Cornerstone Assisted Living Inc serves people in the Wichita area and surrounding counties, including Sedgwick, Reno, Kingman, and Harvey. As a charitable organization, they recognize that not all persons served possess the ability to purchase essential services.

    In fiscal year 2022, Cornerstone Assisted Living Inc provided a total of 6,163 days of care to Medicaid recipients and 4,646 days to Medicare recipients. Despite being reimbursed approximately $760,589 less than their costs for Medicaid residents, they have continued to prioritize the well-being of those they serve.

    Furthermore, with a commitment to spiritually-centered, holistic care that sustains and improves the health of individuals and communities, Cornerstone Assisted Living Inc contributes to advocating for a compassionate and just society. Through their actions and words, they embody the mission of serving all persons with special attention to those who are poor and vulnerable, making a positive impact on the lives of many.





    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: $-369,852
  • Program Service Revenue: $12,463,692
  • Gross Receipts: $12,286,279

    • Assets and Liabilities:
  • Total Assets: $17,469,508
  • Total Liabilities: $15,888,428
  • Net Assets: $1,581,080
  • Programs

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

    SKILLED NURSING REVENUE

    Revenue

    $7,385,100

    ASSISTED LIVING REVENUE

    Revenue

    $3,287,829

    MEMORY CARE

    Revenue

    $1,790,043

    Organization Details

    Founding Year

    2001

    Main Address

    C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998

    NTEE Category

    Code: P750 - Human services

    If you are a representative of Cornerstone Assisted Living 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.