Overview
What is Cornerstone Residential Center No 8 Nfp?
Cornerstone Residential Center No 8 Nfp is a nonprofit organization established in Joliet, Illinois. Their primary mission is to provide housing for eligible, low-income individuals with disabilities. They have successfully constructed a residence to cater to this demographic, operating under federal subsidies. This housing development is intended to offer a secure and supportive living environment for those in need. The organization's activities are centered around acquiring and managing this property, ensuring its tenants have access to suitable and affordable housing.
Is Cornerstone Residential Center No 8 Nfp legitimate?
Cornerstone Residential Center No 8 Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Residential Center No 8 Nfp 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: $0
For more financial information, click here
What is the mission statement of Cornerstone Residential Center No 8 Nfp?
The Cornerstone Residential Center No 8 Nfp was established with the sole purpose of acquiring and operating a federally subsidized housing development. This development is intended for low-income individuals with disabilities. The organization's mission is centered around providing suitable housing for this specific group of individuals, ensuring they have a place to call home. The Cornerstone Residential Center has successfully constructed a residence in this regard, offering a sanctuary for eligible low-income individuals with disabilities.
Who is the CEO of Cornerstone Residential Center No 8 Nfp?
Benjamin T Stortz is the Immediate Past Chairperson of Cornerstone Residential Center No 8 Nfp.
What is the revenue of Cornerstone Residential Center No 8 Nfp?
Cornerstone Residential Center No 8 Nfp's revenue in 2022 was -$19,071.
Who are the executives of Cornerstone Residential Center No 8 Nfp and what are their salaries?
There 7 volunteers at Cornerstone Residential Center No 8 Nfp.
Here are 8 key members and their salaries:
- 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
- Compensation: $0
- Related: $228,830
- Other: $0
Where can I find the form 990 for Cornerstone Residential Center No 8 Nfp?
Cornerstone Residential Center No 8 Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cornerstone Residential Center No 8 Nfp
Cornerstone Residential Center No 8 Nfp was established with a specific purpose in mind: to acquire and operate a federally subsidized housing development. The organization's target demographic are low-income individuals with disabilities, who are in need of a suitable living space. In line with this mission, Cornerstone Residential Center No 8 Nfp has successfully constructed a residence in Joliet, Illinois, specifically designed for these individuals. The center aims to provide them with a safe and comfortable living environment, fostering their independence and well-being.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Cornerstone Residential Center No 8 Nfp plays a vital role in addressing the housing needs of eligible low-income individuals with disabilities in Joliet, Illinois. By successfully constructing a residence specifically designed for this demographic, the organization provides stable, affordable housing that fosters independence and community integration for its tenants.
This initiative not only offers a safe haven for low-income persons with disabilities but also contributes to the broader social fabric by promoting inclusivity and accessibility in housing. As a federally subsidized development, the center ensures that residents have access to necessary resources without the burden of excessive financial strain. Ultimately, Cornerstone Residential Center No 8 Nfp enhances the quality of life for its residents, empowering them to thrive within their community.
This information is meant to be a general summary of Cornerstone Residential Center No 8 Nfp. 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: $7
- Gross Receipts: $55,089
Assets and Liabilities:
- Total Assets: $611,719
- Total Liabilities: $721,850
- Net Assets: -$110,131
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2012
Phone
(815) 727-6666Principal Officer
Benjamin T Stortz
Main Address
777 JOYCE ROAD, JOLIET, IL, 60436
NTEE Category
Code: L20 - Housing
If you are a representative of Cornerstone Residential Center No 8 Nfp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.