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Cornerstone Support Services Inc

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

EIN: 262359268 ✦ Providence forge, VA ✦ Designated as a 501(c)(3)

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Overview

What is Cornerstone Support Services Inc?

Cornerstone Support Services Inc, located in Providence Forge, Virginia, is a nonprofit organization dedicated to supporting individuals with developmental disabilities. Their mission revolves around facilitating residential care, empowering these individuals to make personal choices and exercise their autonomy. With a team of 116 employees, they strive to create an environment that encourages growth and independence for those they serve. Their work is focused on providing essential resources and fostering a sense of self-determination.


Official website here: www.cornerstonesupportservices.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 66%, Two-Star out of Four Star rating.

Cornerstone Support Services Inc has received a Two-Star rating, indicating that while the organization demonstrates some financial accountability, there are significant concerns regarding its governance structure. Notably, the charity has 0% independent board members, which raises questions about its oversight and decision-making processes. Although it has a solid program expense ratio of 78.26%, indicating a commitment to its mission, the absence of independent oversight may pose risks to its operational integrity.

The organization has implemented various policies, including a conflict of interest and whistleblower policy, which are positive indicators of its commitment to ethical practices. However, the lack of financial statements and the missing tax form on its website detracts from its transparency. This lack of accessible financial documentation can make it challenging for stakeholders to assess the charity’s overall financial health and accountability.

In summary, while Cornerstone Support Services Inc shows strengths in program spending and policy implementation, the absence of independent board members and financial transparency issues are notable limitations that potential donors and supporters may want to consider.


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

Is Cornerstone Support Services Inc legitimate?

Cornerstone Support Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Support Services Inc 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: $207,974
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,567,144

For more financial information, click here


Official website here: www.cornerstonesupportservices.com

What is the mission statement of Cornerstone Support Services Inc?

Cornerstone Support Services Inc is dedicated to providing residential support services for individuals with developmental disabilities. Their mission is centered around fostering opportunities for these individuals to make personal choices, ensuring their independence and autonomy in decision-making processes. The organization's main focus is to enhance the lives of these individuals by offering supportive living environments that cater to their unique needs and aspirations.


Official website here: www.cornerstonesupportservices.com

Who is the CEO of Cornerstone Support Services Inc?

Alcy R Cave Iii is the President, Secretary of Cornerstone Support Services Inc.


Official website here: www.cornerstonesupportservices.com

What is the revenue of Cornerstone Support Services Inc?

Cornerstone Support Services Inc's revenue in 2022 was $3,920,333.


Official website here: www.cornerstonesupportservices.com

Who are the executives of Cornerstone Support Services Inc and what are their salaries?

The average compensation at Cornerstone Support Services Inc during 2022 was $15,303. There are 116 employees at Cornerstone Support Services Inc.


Here are 2 key members and their salaries:


Alcy R Cave Iii (President, Secretary)
  • Compensation: $103,985
  • Related: $0
  • Other: $0
Elizabeth L Cave (Vice President, Treasurer)
  • Compensation: $103,989
  • Related: $0
  • Other: $0


Official website here: www.cornerstonesupportservices.com

Where can I find the form 990 for Cornerstone Support Services Inc?

Cornerstone Support Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cornerstonesupportservices.com

Learn more at the official website: www.cornerstonesupportservices.com

Mission Statement of Cornerstone Support Services Inc

Cornerstone Support Services Inc is committed to providing residential support services for individuals with developmental disabilities. Their mission is centered around fostering opportunities for these individuals to make personal choices, ensuring their independence and self-determination are at the forefront of their living experience. By focusing on personal choices, Cornerstone Support Services Inc aims to empower the individuals they serve, enabling them to lead fulfilling and independent lives.

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Impact




October, 2024

Cornerstone Support Services Inc significantly impacts the lives of individuals with developmental disabilities by providing comprehensive residential support services. By prioritizing personal choices, the organization empowers individuals to exercise their autonomy and make decisions that shape their daily lives. This focus on choice enhances their quality of life, fosters independence, and promotes personal growth. Based in Providence Forge, VA, Cornerstone creates an environment where residents feel supported and valued, helping them navigate challenges while encouraging self-determination. Through these efforts, the organization not only improves individual well-being but also enriches the community by advocating for inclusivity and respect for diversity.




This information is meant to be a general summary of Cornerstone Support Services Inc. 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
$3,920,333 (2022)
Expenses
$3,706,028 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17,149
  • Program Service Revenue: $3,381,598
  • Gross Receipts: $3,937,384

Assets and Liabilities:

  • Total Assets: $1,749,824
  • Total Liabilities: $849,672
  • Net Assets: $900,152

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Programs

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

RESIDENTIAL CARE

Revenue

$3,381,598

Organization Details

Founding Year

2008

Principal Officer

Alcy R Cave Iii

Main Address

8921 POCAHONTAS TRAIL, PROVIDENCE FORGE, VA, 23140

NTEE Category

Code: E60 - Health

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