Birthstone Corporation

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

EIN: 853849308 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Birthstone Corporation?

Birthstone Corporation is a compassionate nonprofit organization based in St. Louis, Missouri. Established in March 2022, they have expanded their mission by purchasing a second home and accepting their second resident into their program in June of the same year. Their primary objective is to provide financial aid and support to single mothers who choose to carry their unplanned or unexpected pregnancies to term and raise their children. The Birthstone Resident Program offers an individual family home, along with personalized life coaching and additional assistance to help each resident achieve their personal and professional goals. By doing so, Birthstone Corporation aims to empower these mothers and their families, providing them with a safe and supportive environment to thrive. With a small team of dedicated individuals, Birthstone Corporation continues to make a significant impact in the lives of single mothers and their children.


Official website here: www.birthstonestl.org

Is Birthstone Corporation legitimate?

Birthstone Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Birthstone Corporation 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: $24,856
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.birthstonestl.org

What is the mission statement of Birthstone Corporation?

Birthstone Corporation's mission is centered around offering support to single mothers who choose to carry an unexpected or unplanned pregnancy to term and raise their children. The organization achieves this through its Birthstone Resident Program, which provides financial aid and other necessary assistance. The program offers a family home for each resident, coupled with personalized life coaching and other forms of support. By doing so, Birthstone aims to help these women identify and achieve their life goals in terms of life skills and employment. The program recently expanded, accepting its second resident in June 2022, following the acquisition of a second home in Kirkwood, MO.


Official website here: www.birthstonestl.org

Who is the CEO of Birthstone Corporation?

Richard Peters is the President of Birthstone Corporation.


Official website here: www.birthstonestl.org

What is the revenue of Birthstone Corporation?

Birthstone Corporation's revenue in 2022 was $345,145.


Official website here: www.birthstonestl.org

Who are the executives of Birthstone Corporation and what are their salaries?

The average compensation at Birthstone Corporation during 2022 was $24,856. There is 1 employee and 50 volunteers at Birthstone Corporation.


Here are 5 key members and their salaries:


Richard Peters (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Peters (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Shaffer (Assistant Treasurer)
  • Compensation: $24,856
  • Related: $0
  • Other: $0
Lawrence Bommarito (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Westbrook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.birthstonestl.org

Where can I find the form 990 for Birthstone Corporation?

Birthstone Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.birthstonestl.org

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

Mission Statement of Birthstone Corporation

Birthstone Corporation, a charitable organization, is dedicated to aiding single mothers who encounter an unplanned or unintended pregnancy and decide to carry their babies to term and raise them. The nonprofit's primary mission is to provide these mothers with financial relief and additional support through the Birthstone Resident Program. This program offers an individual family home, personalized life coaching, and various other assistance to each resident.

The Birthstone Resident Program is designed to empower and support these mothers, helping them to identify and achieve their goals in life skills and employment. The program provides each resident with a weekly life coaching session and other necessary assistance. This holistic approach allows the mothers to focus on their personal growth and development, ultimately bettering their lives and the lives of their children.

By offering a safe and supportive environment, Birthstone Corporation enables these single mothers to navigate the challenges of raising a child on their own. The organization's mission is not just about providing a roof over their heads but also about empowering these mothers to become self-sufficient and build a better future for themselves and their families.

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Impact




October, 2024

Birthstone Corporation significantly impacts the lives of single mothers facing unplanned or unintended pregnancies by offering vital financial relief and comprehensive support. Through the Birthstone Resident Program, the organization provides a safe, nurturing environment where women can choose to carry their babies to term and successfully parent them.

Since expanding to a second home in Kirkwood, MO, Birthstone has welcomed more residents, creating opportunities for personalized life coaching and mentorship. Each resident benefits from weekly interactions with a trained life coach, focusing on essential life skills and employment readiness. This tailored support fosters personal growth and empowerment, helping mothers build sustainable, independent futures for themselves and their families.

By alleviating housing costs and offering resources designed to address both immediate and long-term challenges, Birthstone Corporation plays a crucial role in transforming lives, ensuring that mothers not only navigate their current circumstances but thrive in their journeys ahead. The organization fosters a community of support and resilience, making a lasting difference in St. Louis and beyond.




This information is meant to be a general summary of Birthstone Corporation. 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
$345,145 (2022)
Expenses
$114,885 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16,146
  • Gross Receipts: $345,145

Assets and Liabilities:

  • Total Assets: $1,205,306
  • Total Liabilities: $8,223
  • Net Assets: $1,197,083

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Organization Details

Founding Year

2020

Principal Officer

Richard Peters

Main Address

619 N CLAY AVE, ST LOUIS, MO, 63122

NTEE Category

Code: P20 - Human services

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