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Cornerstone Assistance Network Inc

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

EIN: 752417646 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

Overview

What is Cornerstone Assistance Network Inc?

Cornerstone Assistance Network Inc is a compassionate nonprofit organization situated in Fort Worth, Texas. They operate with a team of 48 dedicated individuals, providing essential services to homeless individuals, single parents, and low-income families. Their mission is to help these communities access the resources they need for food, shelter, clothing, employment, childcare, transportation, and financial and medical assistance. Through strategic outreach, Cornerstone Assists engages individuals in need and empowers them to improve their circumstances, offering a vital lifeline for those facing challenges.


Official website here: www.canetwork.org

Is Cornerstone Assistance Network Inc legitimate?

Cornerstone Assistance Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Assistance Network 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: $126,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,782,159

For more financial information, click here


Official website here: www.canetwork.org

What is the mission statement of Cornerstone Assistance Network Inc?

Cornerstone Assistance Network Inc is dedicated to helping homeless individuals, single parents, and low-income families by providing essential assistance. They offer services to help these groups gain access to food, shelter, clothing, employment, childcare, transportation, and financial and medical assistance. Through their outreach programs, they engage individuals in need and guide them towards available resources. Their mission is to make a tangible difference in the lives of those who are struggling, enabling them to overcome their immediate crises and work towards a brighter future.


Official website here: www.canetwork.org

Who is the CEO of Cornerstone Assistance Network Inc?

Mike J Doyle is the Board Member of Cornerstone Assistance Network Inc.


Official website here: www.canetwork.org

What is the revenue of Cornerstone Assistance Network Inc?

Cornerstone Assistance Network Inc's revenue in 2022 was $12,729,429.


Official website here: www.canetwork.org

Who are the executives of Cornerstone Assistance Network Inc and what are their salaries?

The average compensation at Cornerstone Assistance Network Inc during 2022 was $39,757. There are 48 employees and 98 volunteers at Cornerstone Assistance Network Inc.

Here are 14 key members and their salaries:

    Mike Doyle (Exec Director)
  • Compensation: $126,200
  • Related: $0
  • Other: $0

    • Mark Barfield (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Biser (Vice Chair-Bd Of Dir) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael T Cooke (Chairman Bd Of Dir) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Max Falls (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Haefeli (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Hall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Hurlburt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Maze (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danny Roberts (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Stamps (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Jones (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Mccarty (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Wood (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.canetwork.org

    Where can I find the form 990 for Cornerstone Assistance Network Inc?

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


    Official website here: www.canetwork.org

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

    Mission Statement of Cornerstone Assistance Network Inc

    Cornerstone Assistance Network Inc, a dedicated nonprofit organization, works tirelessly to help homeless individuals, single parents, and low-income families access essential services. By providing food, shelter, clothing, employment, childcare, transportation, and financial and medical assistance, this organization aims to uplift those in need and improve their living conditions.

    Through its outreach programs, Cornerstone Assistance Network Inc reaches out to homeless people, engaging them in strategies to access the services available to them. The organization's mission is multifaceted, addressing the most pressing needs of its clients. In doing so, it provides a safety net for those who are struggling, enabling them to focus on rebuilding their lives with dignity and self-sufficiency.

    Cornerstone Assistance Network Inc is more than just a service provider; it is a beacon of hope for the most vulnerable members of society. By addressing the root causes of homelessness and poverty, the organization empowers its clients to break free from the cycle of need and build a brighter future for themselves and their families.

    Impact

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




    Thursday, August 15, 2024

    Cornerstone Assistance Network Inc's impact is significant in Fort Worth, Texas. The organization plays a crucial role in assisting homeless individuals, single parents, and low-income families in accessing essential resources such as food, shelter, clothing, employment, childcare, transportation, and financial and medical assistance. Through their outreach programs and services, they engage with homeless individuals to help them access the support and services available to improve their circumstances. Overall, Cornerstone Assistance Network Inc's work has a direct and positive impact on the lives of those in need in the Fort Worth community, providing them with the necessary resources for a better quality of life.





    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: $141,257
  • Program Service Revenue: $343,884
  • Gross Receipts: $12,802,740

    • Assets and Liabilities:
  • Total Assets: $9,474,993
  • Total Liabilities: $88,035
  • Net Assets: $9,386,958
  • Programs

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

    Thrift store sales

    Revenue

    $258,454

    Medical Clinic

    Revenue

    $34,194

    Creation cafe

    Revenue

    $51,236

    Organization Details

    Founding Year

    1992

    Principal Officer

    Mike J Doyle

    Main Address

    3500 Noble Ave, Fort Worth, TX, 76111

    NTEE Category

    Code: P600 - Human services

    If you are a representative of Cornerstone Assistance Network 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.