Overview
What is Cornerstone Child Care Center?
Cornerstone Child Care Center Dba Cornerstone Children's Learning Center, a ministry of LaSalle Street Church, is a nonprofit organization located at 1111 N Wells St 200, Chicago, IL 60610. Their primary mission is to offer top-notch, affordable education and care to a diverse community, while also supporting and partnering with families and teachers. They believe in being an expression of God's kingdom within the Cornerstone Center. The organization, with a team of one dedicated individual, strives to make a positive impact in the lives of children and families in the area.
Official website here: www.cornerstonechildrenslearningcenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
Cornerstone Child Care Center, operating as Cornerstone Children's Learning Center, has achieved a commendable 81% rating, which reflects a strong focus on accountability and finance. This rating is based entirely on its accountability measures, indicating that the organization is effectively managing its financial practices and resources.
The organization demonstrates solid governance with a fully independent board, scoring the maximum points for both board independence and size. Additionally, it reports no material diversion of assets, and it follows best practices by having essential policies such as conflict of interest and whistleblower policies in place. The high program expense ratio of 85.36% suggests that a significant portion of its funds is directed towards its programs, which is a positive indicator for supporters.
However, while the accountability and financial practices are strong, the rating does not provide insights into the effectiveness of the programs themselves or the impact they have on the community. This aspect may be an area for potential improvement or further transparency for stakeholders interested in the broader outcomes of their initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Child Care Center legitimate?
Cornerstone Child Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Child Care Center 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: $72,658
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cornerstonechildrenslearningcenter.com
What is the mission statement of Cornerstone Child Care Center?
The Cornerstone Children's Learning Center, a ministry affiliated with Lasalle Street Church, strives to fulfill its mission by offering top-tier, affordable education and care. It reaches out to a diverse community, establishing connections and support networks for both families and teachers. The center is motivated by its calling to serve as an embodiment of God's kingdom within its center. This commitment to excellence in education, outreach, and support is at the heart of its mission.
Official website here: www.cornerstonechildrenslearningcenter.com
Who is the CEO of Cornerstone Child Care Center?
Cari Christoff is the Executive Director of Cornerstone Child Care Center.
Official website here: www.cornerstonechildrenslearningcenter.com
What is the revenue of Cornerstone Child Care Center?
Cornerstone Child Care Center's revenue in 2023 was $1,693,627.
Official website here: www.cornerstonechildrenslearningcenter.com
Who are the executives of Cornerstone Child Care Center and what are their salaries?
The average compensation at Cornerstone Child Care Center during 2023 was $72,658. There is 1 employee and 10 volunteers at Cornerstone Child Care Center.
Here are 9 key members and their salaries:
- Compensation: $46,720
- Related: $0
- Other: $6,606
- Compensation: $25,938
- Related: $0
- Other: $565
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cornerstonechildrenslearningcenter.com
Where can I find the form 990 for Cornerstone Child Care Center?
Cornerstone Child Care Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cornerstonechildrenslearningcenter.com
Learn more at the official website: www.cornerstonechildrenslearningcenter.com
Mission Statement of Cornerstone Child Care Center
Cornerstone Children's Learning Center, as a ministry of LaSalle Street Church, strives to fulfill its mission by offering top-notch, affordable education and care to a diverse community. This nonprofit organization is driven by its conviction to serve as an expression of God's kingdom within its center. By reaching out to various communities and collaborating with families and teachers, Cornerstone Children's Learning Center seeks to make a significant impact in the lives of children under its care. The center's commitment to providing quality education and care, coupled with its dedication to fostering a supportive environment, sets it apart as a beacon of hope and nurturing for families in need.
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Impact
October, 2024
Cornerstone Child Care Center has a significant impact by providing high-quality, affordable education and care to children in Chicago. Its commitment to reaching out to a diverse community ensures that families from various backgrounds have access to essential educational resources and support. By fostering partnerships with families and teachers, the center contributes to a collaborative environment that nurtures children's growth and development.
Additionally, Cornerstone acts as a community hub, promoting an inclusive atmosphere where children can thrive emotionally and socially. The center's dedication to being an expression of a supportive community reflects its mission to empower families, enhance educational experiences, and cultivate a sense of belonging among children and parents alike. This holistic approach not only enriches the lives of the children but also strengthens the fabric of the surrounding community.
This information is meant to be a general summary of Cornerstone Child Care Center. 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 2023.
- Investment Income: $217
- Program Service Revenue: $1,539,544
- Gross Receipts: $1,693,627
Assets and Liabilities:
- Total Assets: $661,693
- Total Liabilities: $126,239
- Net Assets: $535,454
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$1,539,544
Organization Details
Founding Year
1998
Phone
(312) 573-8900Principal Officer
Cari Christoff
Main Address
1111 N WELLS ST 200, CHICAGO, IL, 60610
NTEE Category
Code: L80 - Housing
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