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Cornerstone Assisted Living Of Plymouth Inc

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

EIN: 412013927 ✦ Edina, MN ✦ Designated as a 501(c)(3)

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Overview

What is Cornerstone Assisted Living Of Plymouth Inc?

Cornerstone Assisted Living of Plymouth Inc is a nonprofit organization situated in Edina, Minnesota. Established with the primary purpose of providing care, housing, and community services for the elderly, it operates an assisted living facility with 86 units. Their mission is deeply rooted in Christ's love, aiming to promote a fulfilling life for older adults. They employ a team of 118 individuals to ensure the delivery of healthcare, housing, and community services to their elderly residents.


Official website here: www.cassialife.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% - Four-Star out of Four Stars

Cornerstone Assisted Living of Plymouth Inc has earned a solid Four-Star rating from Charity Navigator, indicating a strong commitment to financial accountability and transparency. The high score is primarily derived from a single beacon score focused entirely on Accountability & Finance, reflecting the organization’s effective governance and sound financial practices.

The nonprofit demonstrates exemplary governance with a fully independent board, achieving maximum points in board independence and financial oversight. It adheres to rigorous standards, having established policies for conflict of interest, whistleblower protection, and document retention. Furthermore, the organization has a commendable program expense ratio of 84.93%, which shows that a significant portion of its resources is directed toward its core mission.

While the data presented highlights numerous strengths, detailed insights into program impact or beneficiary feedback are not available, which could provide a fuller picture of the organization's effectiveness in serving its community. Overall, Cornerstone Assisted Living of Plymouth Inc stands out for its financial health and governance practices.


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

Is Cornerstone Assisted Living Of Plymouth Inc legitimate?

Cornerstone Assisted Living Of Plymouth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Assisted Living Of Plymouth 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,210,433

For more financial information, click here


Official website here: www.cassialife.org

What is the mission statement of Cornerstone Assisted Living Of Plymouth Inc?

The mission of Cornerstone Assisted Living Of Plymouth Inc, as stated, is centered around enhancing the quality of life for older adults. This is achieved in the spirit of love reminiscent of Christ. Their primary objectives include providing healthcare, housing, and community services, with the goal of fostering a fulfilling existence for the elderly population.


Official website here: www.cassialife.org

Who is the CEO of Cornerstone Assisted Living Of Plymouth Inc?

Robert Dahl is the President/Ceo of Cornerstone Assisted Living Of Plymouth Inc. The CEO's salary of Cornerstone Assisted Living Of Plymouth Inc is $0 and their total compensation is $689,884.


Official website here: www.cassialife.org

What is the revenue of Cornerstone Assisted Living Of Plymouth Inc?

Cornerstone Assisted Living Of Plymouth Inc's revenue in 2022 was $5,249,498.


Official website here: www.cassialife.org

Who are the executives of Cornerstone Assisted Living Of Plymouth Inc and what are their salaries?

The average compensation at Cornerstone Assisted Living Of Plymouth Inc during 2022 was $18,732. There are 118 employees and 18 volunteers at Cornerstone Assisted Living Of Plymouth Inc.


Here are 11 key members and their salaries (Cornerstone Assisted Living Of Plymouth Inc's CEO's salary is $0 and their total compensation is $689,884):


Robert Dahl (President/Ceo)
  • Compensation: $0
  • Related: $602,456
  • Other: $87,428
Kathy Youngquist (Chief Financial Officer)
  • Compensation: $0
  • Related: $462,088
  • Other: $70,621
Kathy Kopp (Chief Strategic Officer)
  • Compensation: $0
  • Related: $320,482
  • Other: $76,596
Matthew Kern (Chief Operating Officer)
  • Compensation: $0
  • Related: $317,298
  • Other: $72,793
Sharon Wilson (Chief Clinical And Compliance Officer)
  • Compensation: $0
  • Related: $245,326
  • Other: $42,846
Angela Brown (Chief Human Resource Officer)
  • Compensation: $0
  • Related: $234,321
  • Other: $44,974
Stann Leff (Chairperson & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Nuss (Vice Chairperson & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Anderson (Secretary/Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doctor Guy Tangedahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Weber Daniels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cassialife.org

Where can I find the form 990 for Cornerstone Assisted Living Of Plymouth Inc?

Cornerstone Assisted Living Of Plymouth Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cassialife.org

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

Mission Statement of Cornerstone Assisted Living Of Plymouth Inc

Cornerstone Assisted Living of Plymouth Inc is dedicated to enriching the lives of older adults, drawing inspiration from the teachings of Christ's love. Their mission is to foster a sense of fulfillment and well-being among the elderly population, ensuring they live their golden years to the fullest. The organization offers a range of health care, housing, and community services tailored to meet the unique needs of older adults, promoting their overall well-being and quality of life.

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Impact




July, 2024

Cornerstone Assisted Living Of Plymouth Inc's impact lies in providing essential health care, housing, and community services for the elderly in the Plymouth, Minnesota area. By operating an assisted living facility with 86 units, this organization is dedicated to fostering a fullness of life for older adults in the spirit of Christ's love. Their commitment to offering a supportive and enriching environment for the elderly contributes significantly to the well-being and quality of life of the seniors they serve.




This information is meant to be a general summary of Cornerstone Assisted Living Of Plymouth 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
$5,249,498 (2022)
Expenses
$4,643,690 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $90,879
  • Program Service Revenue: $5,148,067
  • Gross Receipts: $5,532,495

Assets and Liabilities:

  • Total Assets: $9,744,765
  • Total Liabilities: $304,312
  • Net Assets: $9,440,453

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Programs

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

ASSISTED LIVING REVENUE

Revenue

$5,148,067

Organization Details

Founding Year

2001

Principal Officer

Robert Dahl

Main Address

7171 OHMS LANE, EDINA, MN, 55439

NTEE Category

Code: L22 - Housing

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