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Cornerstone Assistance Network Housing Development Corporation

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

EIN: 262720162 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is Cornerstone Assistance Network Housing Development Corporation?

Cornerstone Assistance Network Housing Development Corporation is a nonprofit organization that specializes in creating affordable housing in Fort Worth. They have successfully completed two such housing units through the HUD HOME Investment Partnership program, with the aim of continuing this initiative. The organization's mission revolves around constructing and providing affordable homes to the community, contributing to the housing needs of the area.

Is Cornerstone Assistance Network Housing Development Corporation legitimate?

Cornerstone Assistance Network Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Assistance Network Housing Development Corporation submitted a form 990EZ, 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.

What is the mission statement of Cornerstone Assistance Network Housing Development Corporation?

Cornerstone Assistance Network Housing Development Corporation is dedicated to the construction of affordable housing in various projects. Specifically, it carries out this mission by participating in the HUD HOME Investment Partnership program, constructing and completing two affordable homes as part of its initiatives. The organization's work primarily focuses on building more affordable housing units under this program.

Who is the CEO of Cornerstone Assistance Network Housing Development Corporation?

Sultan Cole is the Vice-President of Cornerstone Assistance Network Housing Development Corporation.

What is the revenue of Cornerstone Assistance Network Housing Development Corporation?

Cornerstone Assistance Network Housing Development Corporation's revenue in 2022 was $0.

Who are the executives of Cornerstone Assistance Network Housing Development Corporation and what are their salaries?


Here are 7 key members and their salaries:


Michael Cooke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Doyle (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sultan Cole (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Crane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Callins (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Mcnabney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Posey (Exec. Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Cornerstone Assistance Network Housing Development Corporation?

Cornerstone Assistance Network Housing Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Cornerstone Assistance Network Housing Development Corporation

Cornerstone Assistance Network Housing Development Corporation is dedicated to the development of affordable housing in various communities. Their mission is apparent in their active participation in constructing and completing two affordable homes through the HUD HOME Investment Partnership program. This program is a significant part of their initiatives, as it allows them to expand the availability of affordable housing options in the community. By constructing homes under this program, Cornerstone Assistance Network Housing Development Corporation is contributing to the betterment of living conditions for individuals and families who may otherwise struggle to afford housing. Their work in this area is essential in promoting equitable housing opportunities and fostering a sense of community.

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Impact




October, 2024

Cornerstone Assistance Network Housing Development Corporation has a significant impact on the Fort Worth area by addressing the critical need for affordable housing. Through the construction of affordable homes under the HUD HOME Investment Partnership program, it actively contributes to enhancing community stability and providing residents with safe, decent living conditions. By completing projects that increase the availability of affordable housing, the organization supports individuals and families in achieving greater economic stability and improving their quality of life. Overall, its efforts help to foster a stronger, more sustainable community in Fort Worth.




This information is meant to be a general summary of Cornerstone Assistance Network Housing Development Corporation. 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
$0 (2022)
Expenses
$500 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $147,499
    • Net Assets: -$147,499

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    Organization Details

    Principal Officer

    Sultan Cole

    Main Address

    3500 Noble Ave, Fort Worth, TX, 76111

    NTEE Category

    Code: L20 - Housing

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