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Cornerstone Village Inc

Northvale Village

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

EIN: 810631096 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

Overview

What is Cornerstone Village Inc?

Cornerstone Village Inc, a Texas-based nonprofit organization, was established to provide housing solutions for low-income elderly individuals. Specifically, it operates the Northvale Village, a 71-unit community situated in Houston, Texas. The corporation receives financial assistance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act, enabling it to offer affordable housing options to its target demographic. The mission of Cornerstone Village Inc is to enhance the living conditions and quality of life for its elderly residents, thereby contributing positively to their well-being.


Official website here: www.rhf.org

Is Cornerstone Village Inc legitimate?

Cornerstone Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Village 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: $0

For more financial information, click here


Official website here: www.rhf.org

What is the mission statement of Cornerstone Village Inc?

Cornerstone Village Inc, as a not-for-profit organization, was established with the primary goal of providing housing for low-income elderly individuals. It operates a 71-unit community known as Northvale Village in Houston, Texas. The corporation receives project rental assistance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act. The mission of Cornerstone Village Inc can be summarized as providing a shelter and supportive environment for the elderly, ensuring they have access to affordable housing. The organization's activities are centered around fulfilling this mission, providing a home and essential living facilities for this vulnerable group.


Official website here: www.rhf.org

Who is the CEO of Cornerstone Village Inc?

Stuart Hartman is the Principal Officer of Cornerstone Village Inc. The CEO's salary of Cornerstone Village Inc is $0 and their total compensation is $682,064.


Official website here: www.rhf.org

What is the revenue of Cornerstone Village Inc?

Cornerstone Village Inc's revenue in 2023 was $509,667.


Official website here: www.rhf.org

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

Here are 35 key members and their salaries (Cornerstone Village Inc's CEO's salary is $0 and their total compensation is $682,064):

    Hartman Stuart J (President/Ceo)
  • Compensation: $0
  • Related: $608,035
  • Other: $74,029

    • Amberg Robert R (Executive Vp Gen Counsel)
  • Compensation: $0
  • Related: $442,308
  • Other: $43,069

    • Rossello Frank Jr (Cfo And Vp Of Finance)
  • Compensation: $0
  • Related: $313,582
  • Other: $17,519

    • Battaglia Nada (Vp Human Resources)
  • Compensation: $0
  • Related: $235,353
  • Other: $42,526

    • Titus Stephanie L (Vp Philanthropy/Cso)
  • Compensation: $0
  • Related: $231,220
  • Other: $42,394

    • Magnone Vincent B (Vp Treasury & Invstmt Off)
  • Compensation: $0
  • Related: $239,282
  • Other: $29,102

    • Napierskie David W (Vp Health Care Operations)
  • Compensation: $0
  • Related: $242,812
  • Other: $11,672

    • Gilchrist Kevin Darrell (Vp Development Finance)
  • Compensation: $0
  • Related: $218,679
  • Other: $16,908

    • Fard Bobby J (Vp Acquis And Proj Dev)
  • Compensation: $0
  • Related: $214,343
  • Other: $15,930

    • Purcell Christopher J (Controller)
  • Compensation: $0
  • Related: $195,871
  • Other: $18,163

    • Clow John C (Vp Risk Management)
  • Compensation: $0
  • Related: $196,730
  • Other: $13,455

    • Silva Joanne L (Vp Occupancy & Tax Credit)
  • Compensation: $0
  • Related: $158,830
  • Other: $21,653

    • Plett Anders D (Vp Acquis And Proj Dev)
  • Compensation: $0
  • Related: $165,017
  • Other: $12,398

    • King Diane D (Compl And Privacy Officer)
  • Compensation: $0
  • Related: $161,559
  • Other: $15,584

    • Mickelson Lavonne R (Dir Of Afford Housing Ops)
  • Compensation: $0
  • Related: $162,871
  • Other: $13,914

    • Robinson Tina M (Director Of Acct Exempt)
  • Compensation: $0
  • Related: $161,428
  • Other: $13,535

    • Steckbeck Kent (Budget & Analytics Dir)
  • Compensation: $0
  • Related: $167,122
  • Other: $5,014

    • Webb Florence E (Development Pm - Sr)
  • Compensation: $0
  • Related: $156,800
  • Other: $12,888

    • Ragon Christy Ann (Vp Of Communications)
  • Compensation: $0
  • Related: $151,621
  • Other: $16,442

    • Phelps Lori Ann (Info Systems Director)
  • Compensation: $0
  • Related: $160,693
  • Other: $4,725

    • Ricano Peggy (Acct Manager Exempt)
  • Compensation: $0
  • Related: $147,683
  • Other: $14,966

    • Fox Buchan Laura L (Secretary & Director Of Corp Records)
  • Compensation: $0
  • Related: $150,563
  • Other: $9,786

    • Diaz Andres G (Constr Project Manager)
  • Compensation: $0
  • Related: $145,806
  • Other: $13,849

    • Young Seesee (Internal Audit Director)
  • Compensation: $0
  • Related: $147,762
  • Other: $5,391

    • Ingrao Salvatore A (Devel Accounting Dir)
  • Compensation: $0
  • Related: $148,565
  • Other: $4,498

    • Rivera Michael (Reg'L Manager Health Care)
  • Compensation: $0
  • Related: $149,091
  • Other: $3,501

    • Bunn Andrew (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Desaegher Norma N (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • East Raymond E (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bauman John (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Moyer David S (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hart Donald G (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pollock Jeffrey R (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sexton Darryl M (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • See Schedule Jo Salary (Disclosure - Pgs 34 & 38)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rhf.org

    Where can I find the form 990 for Cornerstone Village Inc?

    The Cornerstone Village Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.rhf.org

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

    Mission Statement of Cornerstone Village Inc

    Cornerstone Village Inc, a not-for-profit organization, was established in compliance with the state of Texas's not-for-profit statutes. Its primary mission is to manage and operate a residential community known as Northvale Village, which is situated in Houston, Texas. This community serves as a home for low-income elderly individuals, providing them with a secure living environment. Cornerstone Village Inc receives financial assistance in the form of Project Rental Assistance from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, which has been amended. The organization's mission is to ensure that elderly individuals with limited income have access to comfortable and affordable housing.

    Impact

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




    Wednesday, July 24, 2024

    Cornerstone Village Inc makes a significant impact by providing housing for low-income elderly persons through its 71-unit community known as Northvale Village in Houston, Texas. This initiative helps address the critical need for affordable housing for senior citizens, ensuring they have a safe and comfortable living environment. Additionally, by receiving project rental assistance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act, Cornerstone Village Inc is able to further support this vulnerable population. Overall, their work contributes to enhancing the quality of life for low-income elderly individuals in the 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 2023.

  • Investment Income: $128
  • Program Service Revenue: $202,323
  • Gross Receipts: $509,667

    • Assets and Liabilities:
  • Total Assets: $3,296,220
  • Total Liabilities: $4,913,768
  • Net Assets: -$1,617,548
  • Programs

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

    RENTAL INCOME

    Revenue

    $202,323

    Organization Details

    Founding Year

    2003

    Principal Officer

    Stuart Hartman

    Main Address

    911 N STUDEBAKER RD, LONG BEACH, CA, 908154900

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Cornerstone Village 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.