Cornerstone Restoration

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

EIN: 352700737 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Cornerstone Restoration?

Cornerstone Restoration is a nonprofit organization situated in Austin, Texas, with a ZIP code of 78749. Known for gathering volunteers, their mission is to extend care to individuals who are often overlooked, such as orphans, widows, and the oppressed. They dedicate their activities to constructing or repairing homes, schools, and places of worship for those in need. With a small yet dedicated workforce of 4 employees, Cornerstone Restoration continues to make a significant impact in their community.


Official website here: www.cornerstonerestoration.org

Is Cornerstone Restoration legitimate?

Cornerstone Restoration is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Restoration 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: $138,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,917

For more financial information, click here


Official website here: www.cornerstonerestoration.org

What is the mission statement of Cornerstone Restoration?

Cornerstone Restoration's mission is centered around constructing or repairing homes, schools, and places of worship for individuals in need. The organization's efforts are driven by the belief to care for the less fortunate, as exhorted in various religious teachings, specifically referencing the orphan, the widow, and the oppressed. The organization mobilizes volunteers and connects them with these individuals in need, aiming to improve their living conditions and contribute positively to their lives.


Official website here: www.cornerstonerestoration.org

Who is the CEO of Cornerstone Restoration?

Brian Albrecht is the Executive Director of Cornerstone Restoration.


Official website here: www.cornerstonerestoration.org

What is the revenue of Cornerstone Restoration?

Cornerstone Restoration's revenue in 2022 was $333,131.


Official website here: www.cornerstonerestoration.org

Who are the executives of Cornerstone Restoration and what are their salaries?

The average compensation at Cornerstone Restoration during 2022 was $47,933. There are 4 employees and 200 volunteers at Cornerstone Restoration.


Here are 4 key members and their salaries:


Ellery Buchanan (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Morelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Rudzitis (Director)
  • Compensation: $70,000
  • Related: $0
  • Other: $0
Brian Albrecht (Executive Director)
  • Compensation: $68,815
  • Related: $0
  • Other: $0


Official website here: www.cornerstonerestoration.org

Where can I find the form 990 for Cornerstone Restoration?

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


Official website here: www.cornerstonerestoration.org

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

Mission Statement of Cornerstone Restoration

Cornerstone Restoration, a nonprofit organization, is dedicated to constructing or repairing homes, schools, and places of worship for individuals in need. This mission is rooted in the belief that it is our moral obligation to care for the orphan, the widow, and the oppressed, as instructed by God. The organization strives to connect volunteers with those in need, channeling their efforts towards making a tangible impact in people's lives. By repairing and building structures, Cornerstone Restoration contributes to the betterment of communities, providing essential living spaces and educational facilities for those who require them most.

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Impact




October, 2024

Cornerstone Restoration has a profound impact on the Austin community by constructing or repairing homes, schools, and places of worship for those in need. By gathering volunteers, the organization actively connects them with individuals and families who, due to various hardships, require support. This outreach particularly focuses on vulnerable populations, including orphans, widows, and the oppressed, facilitating much-needed repairs and improvements to essential structures.

Through these efforts, Cornerstone Restoration not only enhances living conditions but also fosters a sense of community by encouraging volunteerism and collaboration. The organization plays a critical role in uplifting those facing challenging circumstances, ensuring that everyone has access to safe, functional spaces where they can thrive and find support. The mission directly contributes to community improvement, making a lasting difference in the lives of many in Austin, Texas.




This information is meant to be a general summary of Cornerstone Restoration. 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
$333,131 (2022)
Expenses
$358,224 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $333,131

Assets and Liabilities:

  • Total Assets: $115,473
  • Total Liabilities: $1,825
  • Net Assets: $113,648

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Organization Details

Founding Year

2020

Principal Officer

Brian Albrecht

Main Address

4301 W William Cannon Dr, Austin, TX, 78749

NTEE Category

Code: S20 - Community improvement

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