Cornerstone of Hope Inc.
Cornerstone of Hope Inc.
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About this organization
Mission
Cornerstone of Hope, Inc. exists to improve the quality of life for working-class families, veterans, and senior citizens in the low to middle-income bracket who wish to improve their lives and the lives of their children through better nutrition, safer living conditions, and affordable housing.
About
New home construction - Cornerstone of Hope helps families who do not qualify for a conventional mortgage and are in need of a helping hand to reach their goal of home ownership. Homes are sold at no-interest on 30-year mortgages to the family after they have completed their sweat equity hours. Homes are approximately 1,100 square feet in size with three bedrooms, one bathroom, kitchen, living room and dining areas. Families learn how to maintain and care for their home. Homeowners are set up to succeed with payments that include real estate taxes, insurance and principal at or below 30% of their monthly take home pay. It is our goal to start building a home in 2020.
Interesting data from their 2020 990 filing
According to the filing documents, the non-profit's mission is defined as “Cornerstone of hope, inc. exists to improve the quality of life for working-class families, veterans, and senior citizens in the low to middle-income bracket who wish to improve their lives and the lives of their children through better nutrition, safer living conditions, and affordable housing.”.
When referring to its tasks, they were referred to as: “Cornerstone of hope, inc. exists to improve the quality of life for working-class families, veterans, and senior citizens in the low to middle-income bracket who wish to improve their lives and the lives of their children through better nutrition, safer living conditions, and affordable housing.”.
- The non-profit's state of operation has been legally reported as WI.
- According to the latest filing, the non-profit's address in 2020 is 320 E MILWAUKEE ST NO 110, JANESVILLE, WI, 535453065.
- The total number of employees reported by the non-profit on their form for 2020 is 3.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$41,212.
- The organization has 5 independent voting members.
- The organization was formed in 2013.
- The organization pays $123,146 in salary, compensation, and benefits to its employees.
- The organization pays $20,844 in fundraising expenses.
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