Cornerstone Franciscan Ministries Inc

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

EIN: 920283902 ✦ Lutherville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Cornerstone Franciscan Ministries Inc?

Cornerstone Franciscan Ministries Inc is a nonprofit organization that engages in financial services, specifically catering to faith-based organizations. Their mission revolves around investing in individuals and fostering community growth. By providing financial support, they aim to empower these faith-based organizations, contributing to their overall success and impact in their respective communities.


Official website here: www.cfmins.org

Is Cornerstone Franciscan Ministries Inc legitimate?

Cornerstone Franciscan Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Franciscan Ministries Inc 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


Official website here: www.cfmins.org

What is the mission statement of Cornerstone Franciscan Ministries Inc?

Cornerstone Franciscan Ministries Inc's mission is centered around investing in people and fostering community development. They accomplish this by providing financial services to faith-based organizations. This approach allows the organization to contribute to the betterment of individuals and communities, ultimately inspiring a sense of unity and growth. By offering financial support to religious institutions, Cornerstone Franciscan Ministries aim to empower these organizations and the people they serve, thereby enhancing their capacity to make a positive impact in their communities.


Official website here: www.cfmins.org

Who is the CEO of Cornerstone Franciscan Ministries Inc?

Ab Jay Boggs Jr is the Principal Officer of Cornerstone Franciscan Ministries Inc.


Official website here: www.cfmins.org

What is the revenue of Cornerstone Franciscan Ministries Inc?

Cornerstone Franciscan Ministries Inc's revenue in 2022 was $1,675,896.


Official website here: www.cfmins.org

Who are the executives of Cornerstone Franciscan Ministries Inc and what are their salaries?

There 6 volunteers at Cornerstone Franciscan Ministries Inc.


Here are 7 key members and their salaries:


Rev Dr Kristofer Lindh-Payne (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Morgan (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kylie Delgado (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Mccarthy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dianna Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Monique Ellison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abboggs Jr (Director, Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cfmins.org

Where can I find the form 990 for Cornerstone Franciscan Ministries Inc?

Cornerstone Franciscan Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cfmins.org

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

Mission Statement of Cornerstone Franciscan Ministries Inc

Cornerstone Franciscan Ministries is a nonprofit organization dedicated to making a significant impact by investing in people and fostering a sense of community. Their mission is to provide financial services specifically for faith-based organizations. By doing so, Cornerstone Franciscan Ministries aims to empower these organizations, enabling them to focus on their core missions and make a positive difference in their communities. The nonprofit's approach to financial services is more than just transactional; it's about building relationships and supporting faith-based organizations in their mission to serve others. By investing in people and inspiring community, Cornerstone Franciscan Ministries is helping to create a ripple effect of positive change, one organization at a time.

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Impact




July, 2024

Cornerstone Franciscan Ministries Inc's impact lies in its dedication to investing in people and inspiring community through financial services for faith-based organizations. By providing these essential financial services, the organization enables these faith-based entities to further their missions and positively impact their communities. Through this support, Cornerstone Franciscan Ministries plays a significant role in fostering the growth and sustainability of religious organizations, ultimately contributing to the enrichment of the communities they serve.




This information is meant to be a general summary of Cornerstone Franciscan Ministries Inc. 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
$1,675,896 (2022)
Expenses
$1,282 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $21,000
  • Gross Receipts: $1,675,896

Assets and Liabilities:

  • Total Assets: $4,735,203
  • Total Liabilities: $3,060,589
  • Net Assets: $1,674,614

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Programs

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

SERVICE FEES

Revenue

$21,000

Organization Details

Founding Year

2022

Principal Officer

Ab Jay Boggs Jr

Main Address

PO BOX 5257, LUTHERVILLE, MD, 21094

NTEE Category

Code: X02 - Religion related

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