Overview
What is Cornerstones Career Learning Center?
The Cornerstones Career Learning Center, located in Huron, South Dakota, is a nonprofit organization dedicated to empowering economically disadvantaged individuals and dislocated workers. Through their mission, they provide comprehensive job search skills training, job retention support, and educational resources. Their primary objective is to help individuals overcome significant employment barriers, ultimately placing them in productive roles within the community. With a team of 29 dedicated professionals, they offer a range of services to facilitate this transformation, contributing positively to the local workforce and the community at large.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
Cornerstones Career Learning Center has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 86%. This rating is largely based on a strong performance in Accountability & Finance, where the organization scored 86%. Such a score suggests that the nonprofit is effectively managing its resources and maintaining transparency in its financial operations.
The organization displays notable strengths, including a fully independent board with 100% of its members being independent, which enhances governance and oversight. Additionally, Cornerstones has demonstrated prudent financial management, with no material diversion of assets and a low liabilities-to-assets ratio of 11.06%. The organization allocates a significant portion of its budget to program expenses, with a program expense ratio of 87.07%, indicating a commitment to its mission.
While the nonprofit showcases robust financial accountability and governance practices, potential donors and stakeholders may want to consider the broader impact and effectiveness of its programs, which are not detailed in the rating summary. Overall, Cornerstones Career Learning Center appears to be a well-managed organization focused on its charitable goals.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstones Career Learning Center legitimate?
Cornerstones Career Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstones Career Learning 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: $68,872
Professional Fundraising Fees: $0
Other Salaries and Wages: $499,101
For more financial information, click here
What is the mission statement of Cornerstones Career Learning Center?
The Cornerstones Career Learning Center's mission is centered around aiding in the employment of individuals who face substantial obstacles. By providing them with necessary job search skills, retention strategies, and educational training, the center aims to place these individuals in productive employment. This organization focuses on assisting economically disadvantaged individuals, displaced workers, and others, with the ultimate goal of enhancing their livelihoods.
Who is the CEO of Cornerstones Career Learning Center?
Unavailable
What is the revenue of Cornerstones Career Learning Center?
Cornerstones Career Learning Center's revenue in 2023 was $922,287.
Who are the executives of Cornerstones Career Learning Center and what are their salaries?
The average compensation at Cornerstones Career Learning Center during 2023 was $19,585. There are 29 employees at Cornerstones Career Learning Center.
Here are 15 key members and their salaries:
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Where can I find the form 990 for Cornerstones Career Learning Center?
Cornerstones Career Learning Center's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cornerstones Career Learning Center
Cornerstones Career Learning Center is dedicated to aiding in the employment journey of individuals who face significant barriers. Their mission, in essence, revolves around providing the necessary training and placement services to help these individuals secure productive employment. The center takes a comprehensive approach, offering job search skills, retention techniques, and educational programs to economically disadvantaged individuals, dislocated workers, and others in need. By doing so, Cornerstones Career Learning Center aims to empower these individuals and contribute to their overall employment success.
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Impact
July, 2024
Cornerstones Career Learning Center has a profound impact on individuals with significant barriers to employment by providing them with job search skills, job retention skills, and educational training. Through their services, economically disadvantaged individuals, dislocated workers, and others facing challenges in finding work are equipped with the necessary tools to secure productive employment opportunities. The center's mission to train and place individuals in jobs not only benefits the individuals themselves but also contributes to the overall economic well-being of the community.
This information is meant to be a general summary of Cornerstones Career Learning 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: $10
- Program Service Revenue: $127,905
- Gross Receipts: $922,287
Assets and Liabilities:
- Total Assets: $373,292
- Total Liabilities: $41,295
- Net Assets: $331,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Additional Services
Revenue
$97,478
Job Development
Revenue
$30,427
Organization Details
Founding Year
1994
Phone
(605) 353-7175Main Address
33 3rd Street SE 202, Huron, SD, 57350
NTEE Category
Code: J200 - Employment
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