Overview
What is Cornerstone Association Of Ministers?
The Cornerstone Association of Ministers is a nonprofit organization located at 103 Mount Haven Drive, Kerrville, Texas. Their primary mission is to conduct conferences, crusades, seminars, youth events, children's outreaches, and church meetings both in Peru and globally. Their goal is to uplift both believers and non-believers, inspiring them to reach their full potential in Christ. They strive to foster moral character and promote a deep relationship with God, rather than adhering to a rigid religious doctrine. Additionally, they aim to unite pastors and work together towards the expansion of God's kingdom. In Peru, there is a significant population of young people yearning for the healing love of Jesus, and the organization is dedicated to providing a safe and healthy Christian environment for them, ultimately seeking to keep them off the streets.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)
The Cornerstone Association of Ministers has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain operational aspects. The organization's overall score reflects a strong program expense ratio of 76.93%, showing that a significant portion of its expenses is directed towards its programs. However, the accountability and finance score of 60 raises concerns, particularly regarding board independence and governance practices.
One of the notable strengths of Cornerstone is the absence of material diversion of assets, which earned them full points in that category. However, their governance structure is lacking, with only 33% of board members being independent and incomplete governance policies, such as missing whistleblower and document retention policies. Additionally, the organization has not made key documents, including their tax form, easily accessible on their website.
While Cornerstone demonstrates commitment to its programs, the noted limitations in transparency and governance practices suggest that potential donors should assess these factors carefully. Enhancing board independence and improving policy documentation could significantly boost their rating and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Association Of Ministers legitimate?
Cornerstone Association Of Ministers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Association Of Ministers 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cornerstone Association Of Ministers?
The Cornerstone Association of Ministers aims to instill and develop moral character in the lives of those they are responsible for. They strive to model a deep, personal relationship with God, rather than adhering to a rigid religious practice. The association organizes various events, including conferences, crusades, seminars, youth events, children outreaches, and church meetings, both locally and globally. Their goal is to inspire both committed believers and the lost, using the Bible and prophetic teachings, to fulfill their potential in Christ. Furthermore, they work to unite pastors, sharing the same objective of advancing God's kingdom. The association recognizes the need to provide a healthy Christian environment for young people in Peru, many of whom are seeking the healing love of Jesus and are in need of being rescued from the streets.
Who is the CEO of Cornerstone Association Of Ministers?
Kenneth Savage is the Trustee of Cornerstone Association Of Ministers.
What is the revenue of Cornerstone Association Of Ministers?
Cornerstone Association Of Ministers's revenue in 2022 was $109,781.
Who are the executives of Cornerstone Association Of Ministers and what are their salaries?
There 250 volunteers at Cornerstone Association Of Ministers.
Here are 6 key members and their salaries:
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- Other: $12,000
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Where can I find the form 990 for Cornerstone Association Of Ministers?
Cornerstone Association Of Ministers's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cornerstone Association Of Ministers
The Cornerstone Association of Ministers aims to instill and foster moral character in the lives of those under their care. Their mission is to promote an intimate relationship with God, moving away from a rigid and lifeless religious practice. This nonprofit organization conducts conferences, crusades, seminars, youth events, children's outreaches, church meetings, and encourages both the faithful and the lost to become their complete potential in Christ. The Cornerstone Association of Ministers strives to unite pastors with a common goal of furthering God's kingdom. In Peru, there is a significant generation of young people longing for the healing love of Jesus. The Cornerstone Association of Ministers recognizes the urgency to guide these youth off the streets and into a nurturing Christian environment.
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Impact
October, 2024
Cornerstone Association of Ministers has a profound impact on communities, particularly in Peru and beyond, by fostering moral character and spiritual growth. The organization holds various events, such as conferences, seminars, and youth outreach programs, which serve as platforms for encouraging both believers and those seeking faith. Through its initiatives, it aims to guide individuals toward a deeper relationship with God, contrasting with traditional religious practices that may feel lifeless.
One of the key areas of focus is the younger generation, who often face challenges and temptations that can lead them astray. By providing a healthy Christian environment, Cornerstone seeks to keep youth off the streets, offering them support and the healing love of Jesus. The efforts to unite pastors and church leaders to work collaboratively enhance the mission of advancing God's kingdom, creating a collective impact that nurtures spiritual development and community resilience.
Ultimately, the association's work cultivates a sense of purpose and belonging, encouraging people to realize their potential in Christ and to emerge as morally grounded individuals within society. The message of hope and transformation resonates through their outreach, instilling a belief in a positive future grounded in faith.
This information is meant to be a general summary of Cornerstone Association Of Ministers. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $109,781
Assets and Liabilities:
- Total Assets: $222
- Total Liabilities: $0
- Net Assets: $222
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Organization Details
Founding Year
2003
Phone
(918) 906-5753Principal Officer
Kenneth Savage
Main Address
103 MOUNT HAVEN DR, KERRVILLE, TX, 78028
NTEE Category
Code: P33 - Human services
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