Cornerstone Of Grace

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

EIN: 843775046 ✦ Watertown, WI ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Cornerstone Of Grace?

Cornerstone of Grace is a nonprofit organization situated in Watertown, Wisconsin. Their primary mission is to aid and support women in need, offering a faith-based approach to their journey of restoration. They provide essential services, such as counseling, social work, and cooking classes, to assist these women in rebuilding their lives. In 2022, the organization successfully supported 28 mothers and their children, offering them necessary items like food, clothing, and medical services, through both financial aid and in-kind donations from the community. Cornerstone of Grace's dedicated team of two employees works tirelessly to ensure that these women have the resources and support they need to regain their footing.


Official website here: www.cornerstoneofgrace.org

Is Cornerstone Of Grace legitimate?

Cornerstone Of Grace is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Of Grace 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: $77,982
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cornerstoneofgrace.org

What is the mission statement of Cornerstone Of Grace?

Cornerstone of Grace's mission is centered around providing assistance to women in need. Their services encompass more than just housing; they offer structure and support, enabling women to rebuild their lives. This support includes counseling, social work, and skill-building sessions like cooking classes. Furthermore, Cornerstone of Grace incorporates a faith-based approach, working in tandem with the women and their faith, as they navigate their journeys towards self-improvement. In 2022, the organization supported 28 mothers and their children, receiving in-kind donations from the community to augment their living conditions. These donations ranged from clothes and bedding to food, ensuring the basic needs of the participants were met. Medical services, including ongoing counseling, were also covered by the organization.


Official website here: www.cornerstoneofgrace.org

Who is the CEO of Cornerstone Of Grace?

Rachel Haberkorn is the Director of Cornerstone Of Grace.


Official website here: www.cornerstoneofgrace.org

What is the revenue of Cornerstone Of Grace?

Cornerstone Of Grace's revenue in 2022 was $220,734.


Official website here: www.cornerstoneofgrace.org

Who are the executives of Cornerstone Of Grace and what are their salaries?

The average compensation at Cornerstone Of Grace during 2022 was $38,991. There are 2 employees and 68 volunteers at Cornerstone Of Grace.


Here are 7 key members and their salaries:


Michele Altman (Director)
  • Compensation: $58,633
  • Related: $0
  • Other: $0
Nancy Zimmerman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Haberkorn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Walker (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Mcfarland (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Sharkozy (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Oberbrunner (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cornerstoneofgrace.org

Where can I find the form 990 for Cornerstone Of Grace?

Cornerstone Of Grace's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cornerstoneofgrace.org

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

Mission Statement of Cornerstone Of Grace

Cornerstone Of Grace, a nonprofit organization, is dedicated to assisting women in need. Its mission encompasses providing housing and necessary services to these women. The organization employs a faith-based approach, working alongside participants as they rebuild their lives. This involves offering structured support, counseling, social work services, and even cooking classes. The faith-based aspect of their approach aims to provide spiritual guidance and companionship throughout theprocess. In 2022, Cornerstone Of Grace successfully supported 28 mothers and their children, receiving in-kind donations from the community to further aid these women and their families. The organization also assists in obtaining essentials such as food, medication, clothing, and covers ongoing medical services, including counseling with licensed therapists.

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 Of Grace significantly impacts the lives of women in need and their children by providing essential housing and supportive services. In 2022, the organization aided 28 mothers and their children, addressing their needs through a comprehensive program that emphasizes both practical and emotional support.

Through in-kind donations from the community, participants received necessary items such as clothing, bedding, and food, which helped alleviate immediate hardships. The organization goes beyond basic needs by offering counseling, social work, and even cooking classes, all within a structured environment that promotes rebuilding lives.

Moreover, Cornerstone Of Grace adopts a faith-based approach, walking alongside participants on their journey to stability and self-sufficiency. This holistic model not only assists women in obtaining food, prescribed medications, and medical care, but also empowers them with the skills and support needed to thrive. The collective effort of the community and the organization creates a nurturing environment where women can regain control of their lives and uplift their families.




This information is meant to be a general summary of Cornerstone Of Grace. 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
$220,734 (2022)
Expenses
$176,108 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $113
  • Program Service Revenue: $30,855
  • Gross Receipts: $221,677

Assets and Liabilities:

  • Total Assets: $157,875
  • Total Liabilities: $5,581
  • Net Assets: $152,294

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

Program Income

Revenue

$30,855

Organization Details

Founding Year

2020

Principal Officer

Rachel Haberkorn

Main Address

217 N 5th Street, Watertown, WI, 53094

NTEE Category

Code: P20 - Human services

If you are a representative of Cornerstone Of Grace 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.