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Cornerstone Senior Communities Of Remsen

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200782978 ✦ Sutherland, IA ✦ Designated as a 501(c)(3)

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Overview

What is Cornerstone Senior Communities Of Remsen?

Cornerstone Senior Communities of Remsen is a nonprofit organization situated in Sutherland, Iowa. Their primary mission is to enhance the lives of senior citizens, catering to those who wish to maintain an independent lifestyle and those who require assistance due to illness or infirmity. This is achieved through the provision of retirement housing and nursing care. With a workforce of 97 dedicated individuals, they strive to create an environment that allows senior citizens to live with dignity and independence, while ensuring proper care for those requiring additional support.


Official website here: www.happysiesta.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating 93% - Four-Star out of Four Star Rating

Cornerstone Senior Communities of Remsen has achieved a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The rating is primarily based on its robust financial practices, which are essential for maintaining donor trust and ensuring responsible management of resources. The organization demonstrates a commitment to transparency, with all board members being independent and compliant with conflict of interest policies.

The nonprofit excels in key financial metrics, including a program expense ratio of 82.33%, indicating that a substantial portion of its funds directly supports its mission. Additionally, the organization has no reported material diversions of assets, underscoring its integrity in financial dealings. The presence of a thoroughly audited financial oversight committee further enhances its credibility.

However, there is a slight area of concern regarding the liabilities to assets ratio, which stands at 53.94%. While this figure is not alarming, it does suggest that the organization carries a significant amount of liabilities in relation to its assets. Overall, Cornerstone Senior Communities of Remsen showcases a strong financial health and governance structure, making it a reliable choice for donors seeking to support a mission-driven organization.


This AI summary has been generated from information found on Charity Navigator.

Is Cornerstone Senior Communities Of Remsen legitimate?

Cornerstone Senior Communities Of Remsen is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Senior Communities Of Remsen 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: $52,431
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,191,981

For more financial information, click here


Official website here: www.happysiesta.com/

What is the mission statement of Cornerstone Senior Communities Of Remsen?

Cornerstone Senior Communities, in their mission, aim to offer retirement housing and nursing care to senior citizens. Their goal is to enhance the quality of life for senior citizens who wish to maintain an independent lifestyle, as well as those who, due to illness or infirmity, cannot do so independently. The community strives to provide a supportive environment that caters to the needs of senior citizens, ensuring they receive the care they require.


Official website here: www.happysiesta.com/

Who is the CEO of Cornerstone Senior Communities Of Remsen?

Mark Cody is the Executive Di of Cornerstone Senior Communities Of Remsen.


Official website here: www.happysiesta.com/

What is the revenue of Cornerstone Senior Communities Of Remsen?

Cornerstone Senior Communities Of Remsen's revenue in 2022 was $4,862,966.


Official website here: www.happysiesta.com/

Who are the executives of Cornerstone Senior Communities Of Remsen and what are their salaries?

The average compensation at Cornerstone Senior Communities Of Remsen during 2022 was $23,138. There are 97 employees and 11 volunteers at Cornerstone Senior Communities Of Remsen.


Here are 7 key members and their salaries:


Mark Cody (Executive Di)
  • Compensation: $52,431
  • Related: $0
  • Other: $0
Cheryl Cronin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Draper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peg Heidesch (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Schultz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Sievers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Steele (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.happysiesta.com/

Where can I find the form 990 for Cornerstone Senior Communities Of Remsen?

Cornerstone Senior Communities Of Remsen's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.happysiesta.com/

Learn more at the official website: www.happysiesta.com/

Mission Statement of Cornerstone Senior Communities Of Remsen

Cornerstone Senior Communities Of Remsen, as a nonprofit organization, is dedicated to providing retirement housing and nursing care to senior citizens. Their mission is to enrich the quality of life for senior citizens who wish to maintain an independent lifestyle, as well as those senior citizens who, due to illness or infirmity, cannot do so on their own. The organization strives to create a supportive environment where senior citizens can age gracefully, maintaining their dignity and independence as much as possible. By offering a combination of retirement housing and nursing care, Cornerstone Senior Communities Of Remsen aims to cater to the diverse needs of senior citizens, ensuring they receive the care and assistance they require to live comfortably and with peace of mind.

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Impact




August, 2024

Cornerstone Senior Communities Of Remsen is dedicated to enriching the quality of life of senior citizens in Sutherland, IA. By providing retirement housing and nursing care, they support seniors who wish to maintain an independent lifestyle as well as those who, due to illness or infirmity, require more assistance. Their impact lies in ensuring that senior citizens have access to the care and support they need to live comfortably and with dignity in their later years.




This information is meant to be a general summary of Cornerstone Senior Communities Of Remsen. 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.

Revenue
$4,862,966 (2022)
Expenses
$5,056,704 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$675
  • Program Service Revenue: $4,813,688
  • Gross Receipts: $4,869,359

Assets and Liabilities:

  • Total Assets: $3,678,285
  • Total Liabilities: $1,984,231
  • Net Assets: $1,694,054

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REV.-RELATED

Revenue

$4,813,688

Organization Details

Founding Year

2004

Principal Officer

Mark Cody

Main Address

409 ASH STREET RM/STE 15, SUTHERLAND, IA, 51058

NTEE Category

Code: P75 - Human services

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