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Cornerstone College Of Virginia

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

EIN: 237044656 ✦ Fredericksburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is Cornerstone College Of Virginia?

Cornerstone College of Virginia is a nonprofit institution situated somewhere unspecified, dedicated to the education of students interested in theology. The college offers credit-based associate, bachelor, Master's, and Doctoral degrees in religious education. The primary mission of Cornerstone College is to educate students in Bible studies, fostering a deep understanding of religious education at various levels.


Official website here: www.cornerstonecollege.org

Is Cornerstone College Of Virginia legitimate?

Cornerstone College Of Virginia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone College Of Virginia 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: $100,523
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cornerstonecollege.org

What is the mission statement of Cornerstone College Of Virginia?

The mission of Cornerstone College of Virginia, as stated, is centered around educating students in the field of theology. Specifically, the institution focuses on providing credit-based learning opportunities towards associate and bachelor's degrees in theology, as well as advanced degrees such as Master's and Doctorates in religious education. This educational pursuit is aimed at equipping students with a solid foundation in theological studies.


Official website here: www.cornerstonecollege.org

Who is the CEO of Cornerstone College Of Virginia?

Julie M Wallace is the Chair of Cornerstone College Of Virginia.


Official website here: www.cornerstonecollege.org

What is the revenue of Cornerstone College Of Virginia?

Cornerstone College Of Virginia's revenue in 2023 was $141,620.


Official website here: www.cornerstonecollege.org

Who are the executives of Cornerstone College Of Virginia and what are their salaries?

The average compensation at Cornerstone College Of Virginia during 2023 was $8,377. There are 12 employees and 32 volunteers at Cornerstone College Of Virginia.


Here are 8 key members and their salaries:


Dr Richard Barnett (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Joseph Holmes (Board Member)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Dr Chris Vanbuskirk (Treasurer)
  • Compensation: $22,721
  • Related: $0
  • Other: $0
Dr Fritz Raymond (Board Member)
  • Compensation: $2,100
  • Related: $0
  • Other: $0
Dr Sanja Hudson (Board Member)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Julie Wallace (President)
  • Compensation: $73,702
  • Related: $0
  • Other: $0
Christopher Voeglin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Prescott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cornerstonecollege.org

Where can I find the form 990 for Cornerstone College Of Virginia?

Cornerstone College Of Virginia's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cornerstonecollege.org

Learn more at the official website: www.cornerstonecollege.org

Mission Statement of Cornerstone College Of Virginia

Cornerstone College of Virginia, as a nonprofit institution, is dedicated to educating students in the field of theology. Their primary mission is to provide credit-based learning opportunities, leading to associate and bachelor degrees in theology, as well as advanced degrees such as Masters and Doctorates in religious education. The college's focus is on biblical studies, aiming to equip its students with a solid foundation in theological knowledge.

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Impact




October, 2024

Cornerstone College of Virginia significantly impacts the community by providing specialized theological education. Through its programs, the college equips students with the knowledge and skills necessary for various roles in religious education and ministry. Offering associate and bachelor's degrees in theology, along with master's and doctoral degrees in religious education, the college fosters a deep understanding of biblical principles and prepares graduates for meaningful careers in spiritual leadership, teaching, and community service.

Located in Fredericksburg, VA, Cornerstone College of Virginia serves as a beacon for those seeking to enhance their theological knowledge while earning accredited degrees. By focusing on education that combines academic rigor with spiritual development, the institution empowers students to fulfill their calling and contribute positively to their communities and beyond. The college’s commitment to teaching future leaders in religious education cultivates a vibrant network of informed believers dedicated to making a difference in their congregations and society as a whole.




This information is meant to be a general summary of Cornerstone College Of Virginia. 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
$141,620 (2023)
Expenses
$489,928 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$1,622
  • Program Service Revenue: $62,754
  • Gross Receipts: $141,620

Assets and Liabilities:

  • Total Assets: $420,126
  • Total Liabilities: $487,496
  • Net Assets: -$67,370

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Programs

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

Tuition

Revenue

$62,754

Organization Details

Founding Year

1969

Principal Officer

Julie M Wallace

Main Address

PO Box 507, Fredericksburg, VA, 22404

NTEE Category

Code: B58Z - Education

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