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Cornerstone Ministries Inc

Cornerstone Ministries Inc

Mckinney, TX 75069
Tax ID41-2053259

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About this organization

Revenue

$1,349,431

Expenses

$1,063,967

Mission

The mission of Cornerstone Ministries is to empower adults with special needs to live the abundant life they were created for. Cornerstone Ranch is refreshingly different from many other group homes and day programs for adults with intellectual and developmental disabilities. Built on Christian values, our family-centered environment creates a safe place where independence thrives, character grows, and confidence is nurtured. The adults who make up this special needs community, known as "Ranchers", are given the opportunity to experience the abundant life they were created for. Ranchers do not spend their day in front of the television. Instead, they serve, exercise, worship, and work as productive and useful members of the community.

About

Cornerstone Ministries provides a community for adults with special needs including the developmentally delayed and adults with mild to moderate mental disabilities. Complete resident care is provided. The ministries offers residential programs and day programs. Participates can join in various activities and classes. Adults with special needs are uniquely equipped to impact the local community through service and enterprise.

Interesting data from their 2020 990 filing

The non-profit's mission is outlined in the filing as being “Cornerstone ministries provides a home where adults with special needs can experience abundant life. built on christian values, its family-centric environment creates a safe place where independence thrives, character grows, and confidence is nurtured.”.

When outlining its responsibilities, they were referred to as: “Cornerstone ministries provides a home for adults with special needs. built on christian values, the home provides a family-centric environment where independence thrives, character grows, and confidence is nurtured.”.

  • The state in which the non-profit operates has been officially reported as TX.
  • The filing reveals the non-profit's address in 2020 to be 3933 CR 317, McKinney, TX, 75069.
  • As per the non-profit's form for 2020, they have 0 employees on their payroll.
  • The non-profit has outstanding loans as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $285,464.
  • The CEO salary policy within the organization is subject to review and endorsement by an impartial party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 8 independent voting members.
  • The organization was formed in 2002.
  • 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 O.
  • The organization pays $599,689 in salary, compensation, and benefits to its employees.
  • The organization pays $118,422 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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