Overview
What is Cornerstone Rescue Mission?
Cornerstone Rescue Mission is a nonprofit organization situated in Rapid City, South Dakota. Its primary purpose is to offer support to the homeless community, providing essential necessities such as meals, shelter, clothing, and household items. During the COVID-19 pandemic, they aided 153 individuals in finding permanent housing and 40 with emergency housing. The organization's mission includes offering spiritual guidance, social service referrals, and assistance. Additionally, they run a Community Transition Program (CTP) aimed at helping parolees reintegrate into society, providing case management, shelter, transportation, employment search assistance, and housing search assistance. (120 words)
Official website here: www.cornerstonemission.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating
Cornerstone Rescue Mission has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is derived solely from their Accountability & Finance score, which is also a perfect 100%. This score reflects the organization's commitment to transparency, governance, and responsible financial management.
The organization exhibits strong governance practices, with 90% of its board members being independent. Additionally, the absence of material diversion of assets and the presence of essential policies, such as conflict of interest and whistleblower protections, further enhance its credibility. The charity effectively manages its resources, as evidenced by a remarkable program expense ratio of 94.30%, ensuring that most funds are directed towards its mission.
While the data highlights numerous strengths, particularly in financial efficiency and governance, it is important for potential donors to continue monitoring the organization's performance and impact in the community. Overall, Cornerstone Rescue Mission stands out as a well-managed nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Rescue Mission legitimate?
Cornerstone Rescue Mission is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Rescue Mission 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: $94,619
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,000,649
For more financial information, click here
Official website here: www.cornerstonemission.org
What is the mission statement of Cornerstone Rescue Mission?
The Cornerstone Rescue Mission's primary objective is to offer shelter, meals, clothing, and various social services to individuals experiencing homelessness. This includes providing spiritual guidance through the gospel. The organization offers referrals to other relevant services to aid in their recovery. During the course of a year, they served around 119,745 meals and provided overnight lodging for an average of 99 individuals each night. Additionally, they distributed clothing and household items to over 250 clients, and assisted in securing permanent housing for 153 individuals and emergency housing for 40 during the COVID-19 pandemic. The Cornerstone Rescue Mission also operates a Community Transition Program (CTP) specifically designed to help parolees readjust to society. This program provides case management, shelter, food, transportation assistance, employment search assistance, and housing search assistance to those enrolled.
Official website here: www.cornerstonemission.org
Who is the CEO of Cornerstone Rescue Mission?
Lysa Allison is the Executive Director of Cornerstone Rescue Mission.
Official website here: www.cornerstonemission.org
What is the revenue of Cornerstone Rescue Mission?
Cornerstone Rescue Mission's revenue in 2022 was $4,748,059.
Official website here: www.cornerstonemission.org
Who are the executives of Cornerstone Rescue Mission and what are their salaries?
The average compensation at Cornerstone Rescue Mission during 2022 was $22,290. There are 94 employees and 650 volunteers at Cornerstone Rescue Mission.
Here are 10 key members and their salaries:
- Compensation: $84,318
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- Other: $10,300
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.cornerstonemission.org
Where can I find the form 990 for Cornerstone Rescue Mission?
Cornerstone Rescue Mission's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cornerstonemission.org
Learn more at the official website: www.cornerstonemission.org
Mission Statement of Cornerstone Rescue Mission
Cornerstone Rescue Mission, a nonprofit organization, is committed to aiding the homeless population. Its mission encompasses providing essential resources such as shelter, meals, clothing, and gospel teachings. Additionally, the mission extends to offering social service referrals and various types of benevolent assistance to those in need. During its operations, Cornerstone Rescue Mission served approximately 119,745 meals and provided 36,200 nights of lodging to an average of 99 individuals per night. The organization also distributed clothing and household items to over 250 clients. Beyond these basic necessities, Cornerstone Rescue Mission went further in its efforts to help, providing permanent housing to 153 clients and emergency housing (hotels) to 40 clients during the COVID-19 pandemic.
In addition to its primary mission, Cornerstone Rescue Mission also operates a Community Transition Program (CTP) for parolees. This program aims to assist individuals in reintegrating into society post-release from prison. Services provided by the CTP include case management, shelter, food, transportation, employment search assistance, and housing search assistance. The CTP program offered 13,300 nights of lodging, accommodating an average of 36 individuals per night. By offering these comprehensive services, Cornerstone Rescue Mission works tirelessly to support those in their community who are most in need.
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Impact
October, 2024
Cornerstone Rescue Mission significantly impacts the community by providing essential services to those experiencing homelessness and other vulnerable populations. In a recent year, the organization served approximately 119,745 meals, averaging 328 meals daily, and offered around 36,200 nights of lodging to approximately 99 individuals each night. This support is crucial for sustaining those in need.
Beyond immediate needs, Cornerstone provides clothing and household items to over 250 clients and various forms of benevolent assistance. During the COVID-19 pandemic, the organization responded swiftly, helping 153 clients secure permanent housing and providing emergency accommodations for 40 individuals through hotel stays.
The Community Transition Program (CTP) focuses on supporting individuals re-entering society after incarceration. This initiative includes case management, housing search assistance, and employment support, facilitating a smoother transition for parolees. In a year, CTP provided 13,300 nights of lodging for an average of 36 individuals nightly.
Overall, Cornerstone Rescue Mission plays a vital role in promoting stability, dignity, and hope for its clients, making a profound difference in Rapid City, SD.
This information is meant to be a general summary of Cornerstone Rescue Mission. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13,450
- Program Service Revenue: $152,346
- Gross Receipts: $5,458,145
Assets and Liabilities:
- Total Assets: $9,355,272
- Total Liabilities: $365,302
- Net Assets: $8,989,970
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR SHARE PROGRAM
Revenue
$97,187
VENDING REVENUE
Revenue
$1,448
Organization Details
Founding Year
1985
Phone
(605) 718-8712Principal Officer
Lysa Allison
Main Address
PO BOX 2188, RAPID CITY, SD, 577092188
Website
www.cornerstonemission.orgNTEE Category
Code: P20 - Human services
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