Daffy

Cornerstone Alliance

Cornerstone Alliance

Benton Harbor, MI 49022
Tax ID38-2772476

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About this organization

Revenue

$2,860,400

Expenses

$3,609,907

Mission

see schedule O

About

Cornerstone Alliance is an economic development organization (EDO) engaged in activities to improve the economic performance of Michigan's Great Southwest. The 2018-2020 strategic plan is focused on five initiatives: generate leads and new businesses; retain and expand the existing business base; focus on entrepreneurship and innovation; build a strong economic development team; and grow the resources and capacity of the organization.

Interesting data from their 2020 990 filing

The filing reveals the mission of the non-profit as “See schedule o”.

When detailing its functions, they were listed as: “See schedule o”.

  • According to the law, the state where the non-profit operates has been reported as MI.
  • The filing specifies that the non-profit's address in 2020 was 80 W MAIN ST, BENTON HARBOR, MI, 49022.
  • As of 2020, the non-profit's form shows they have a total of 13 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$749,507.
  • The organization has 20 independent voting members.
  • The organization was formed in 1988.
  • The organization pays $1,115,513 in salary, compensation, and benefits to its employees.
  • The organization pays $172,003 in fundraising expenses.

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