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Cornerstone Center For Economic Opportunity

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

EIN: 842683167 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is Cornerstone Center For Economic Opportunity?

The Cornerstone Center for Economic Opportunity is a nonprofit organization situated in South Dallas. Its primary mission is to uplift the community by collaborating with its members to establish local businesses and create employment opportunities. The center tackles various challenges, such as spiritual, social, economic, and addiction issues. In 2022, its focus shifted towards empowering adults dealing with difficulties through respectful training, with the ultimate goal of helping them launch small businesses.


Official website here: www.cceodallas.org

Is Cornerstone Center For Economic Opportunity legitimate?

Cornerstone Center For Economic Opportunity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Center For Economic Opportunity submitted a form 990EZ, 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.


Official website here: www.cceodallas.org

What is the mission statement of Cornerstone Center For Economic Opportunity?

The Cornerstone Center for Economic Opportunity endeavors to empower communities, specifically focusing on South Dallas. It accomplishes this by collaborating with local residents to establish businesses within the area, thereby creating employment opportunities. The center's mission extends beyond economic growth, addressing various challenges such as spiritual, social, and addiction issues. In 2022, the center placed a significant emphasis on empowering adults dealing with challenges, offering them dignified training to help them launch their own small businesses.


Official website here: www.cceodallas.org

Who is the CEO of Cornerstone Center For Economic Opportunity?

Unavailable


Official website here: www.cceodallas.org

What is the revenue of Cornerstone Center For Economic Opportunity?

Cornerstone Center For Economic Opportunity's revenue in 2022 was $144,250.


Official website here: www.cceodallas.org

Who are the executives of Cornerstone Center For Economic Opportunity and what are their salaries?


Here are 7 key members and their salaries:


Andrew J Wileman (Director/Chairm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher L Simmons Sr (Director/Sec)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Greg Lamb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thana Hickman-Simmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Lincoln (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherian Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cceodallas.org

Where can I find the form 990EZ for Cornerstone Center For Economic Opportunity?

Cornerstone Center For Economic Opportunity's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.cceodallas.org

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

Mission Statement of Cornerstone Center For Economic Opportunity

The Cornerstone Center for Economic Opportunity is an organization that aims to empower the South Dallas community by collaborating with its members to establish businesses that cater to the area and create employment opportunities. This nonprofit tackles a variety of challenges, including spiritual, social, economic, and addiction issues. In 2022, the Cornerstone Center focused on empowering adults who are dealing with various difficulties by offering dignified training, with the goal of assisting them in launching their own small businesses.

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Impact




October, 2024

Cornerstone Center for Economic Opportunity significantly impacts the South Dallas community by empowering residents to build and sustain their own businesses, thereby creating employment opportunities within the area. By addressing multifaceted challenges—including spiritual, social, economic, and issues related to addiction—Cornerstone fosters a holistic approach to community development.

In 2022, the center concentrated on equipping adults facing various hardships with dignified training, facilitating their journey towards entrepreneurship. This focus not only aids individuals in launching small businesses but also strengthens the local economy and enhances community cohesion. The initiative promotes self-sufficiency and resilience, transforming challenges into opportunities and encouraging a culture of empowerment and support among community members.




This information is meant to be a general summary of Cornerstone Center For Economic Opportunity. 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
$144,250 (2022)
Expenses
$128,867 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $144,250

Assets and Liabilities:

  • Total Assets: $137,200
  • Total Liabilities: $0
  • Net Assets: $137,200

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Organization Details

Main Address

2224 TREMONT AVE, FORT WORTH, TX, 76107

NTEE Category

Code: S99 - Community improvement

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