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Cornerstone University

Cornerstone University

Grand Rapids, MI 49525
Tax ID38-1443369

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About this organization

Revenue

$54,068,050

Expenses

$51,532,223

Mission

Cornerstone University exists to empower men and women to excel as influencers in our world for Christ by offering a student-focused learning community where Jesus Christ is central.

About

Academic instruction and academic support make up the educational expenses. The university has over 270 full- and part-time staff and faculty. We have over 2100 students on a 130-acre campus as well as off-site locations in Kalamazoo and Lansing.

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “The university, including grand rapids theological seminary, asia biblical theological seminary, and radio ministries, exists to empower men and women to excel as influencers in our world for christ by offering a student-focused learning community where jesus christ is central.”.

When explaining its duties, they were described as: “Cornerstone university exists to empower men and women to excel as influencers in our world for christ by offering a student-focused learning community where jesus christ is central.”.

  • The state in which the non-profit is authorized to operate legally is MI.
  • According to the filing, the address of the non-profit for the year 2020 is 1001 E Beltline NE, Grand Rapids, MI, 49525.
  • The non-profit has reported 1350 employees on their form for the year 2020.
  • Does not operate a hospital.
  • Operates a school.
  • Collects art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $2,535,827.
  • The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 18 independent voting members.
  • The organization has a professional fund raiser.
  • The organization was formed in 1941.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $22,040,257 in salary, compensation, and benefits to its employees.
  • The organization pays $1,155,298 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization grants to a related person.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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