Overview
What is Cornerstone Community Development Corporation?
Cornerstone Community Development Corporation, operating under the name Building Futures with Women and Children, is a nonprofit organization based in San Leandro, California. Their primary mission is to combat homelessness and domestic violence, focusing particularly on women and children. They achieve this through various housing programs, such as Bessie Coleman Court, a 52-unit supportive housing community for survivors of domestic violence. Residents at Bessie Coleman Court receive case management and access to a range of services, including support groups, community gatherings, and life skills training. In addition to Bessie Coleman Court, Building Futures also provides rapid rehousing subsidies and wraparound services to literally homeless families. The Housing Community Support Program assists chronically homeless individuals with housing by offering tenancy support services, such as assistance with goal planning, budgeting, and maintenance of services. Building Futures served 1,125 people (627 households) in FY2020-21. The organization's total employee count is 107.
Official website here: www.bfwc.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 99% (Four-Star out of Four Stars )**ar Rating)**
Cornerstone Community Development Corporation has achieved an impressive Four-Star rating on Charity Navigator, reflecting its strong commitment to accountability and financial health, scoring a perfect 100% in Accountability & Finance. This level of performance indicates that the organization effectively manages its resources, with responsible governance and transparent practices, highlighted by an independent board and thorough auditing processes.
The organization excels in its program expenses, allocating around 90% of its budget directly to its mission-related activities. This large focus on programmatic spending suggests a strong dedication to serving the community and maximizing the impact of its initiatives. Additional strengths include a well-structured governance approach with established policies to manage conflicts of interest and ensure the protection of assets, demonstrating a high level of operational integrity.
While the rating reflects a robust culture and community engagement score of 89%, there is no specific data available for the organization's impact and measurement efforts. This could indicate a potential area for improvement, as establishing clear metrics for assessing program effectiveness can enhance accountability and further promote community trust. User feedback from GreatNonprofits was not accessible, which limits insights into firsthand experiences with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Community Development Corporation legitimate?
Cornerstone Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Community Development 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: $150,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,363,709
For more financial information, click here
Official website here: www.bfwc.org
What is the mission statement of Cornerstone Community Development Corporation?
The Cornerstone Community Development Corporation is dedicated to ending homelessness and domestic violence among women and children. They achieve this mission through various housing programs, such as Bessie Coleman Court, a 52-unit supportive housing community for survivors of domestic violence. Residents at Bessie Coleman Court receive case management and access to a range of services, including support groups, community gatherings, clothing, household items, and life skills training. Beyond Bessie Coleman Court, the organization offers rapid rehousing subsidies and wraparound services to literally homeless families, as well as tenant support services for chronically homeless individuals, including assistance with goal planning, budgeting, and mental health services. In the fiscal year 2020-21, Cornerstone Community Development Corporation's housing programs served 1,125 individuals (627 households).
Official website here: www.bfwc.org
Who is the CEO of Cornerstone Community Development Corporation?
Elizabeth Varela is the Secretary of Cornerstone Community Development Corporation.
Official website here: www.bfwc.org
What is the revenue of Cornerstone Community Development Corporation?
Cornerstone Community Development Corporation's revenue in 2022 was $9,715,504.
Official website here: www.bfwc.org
Who are the executives of Cornerstone Community Development Corporation and what are their salaries?
The average compensation at Cornerstone Community Development Corporation during 2022 was $32,838. There are 107 employees and 160 volunteers at Cornerstone Community Development Corporation.
Here are 12 key members and their salaries:
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- Compensation: $143,000
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- Other: $35,700
- Compensation: $105,000
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- Other: $26,200
Official website here: www.bfwc.org
Where can I find the form 990 for Cornerstone Community Development Corporation?
Cornerstone Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bfwc.org
Learn more at the official website: www.bfwc.org
Mission Statement of Cornerstone Community Development Corporation
Cornerstone Community Development Corporation is dedicated to addressing the challenges of homelessness and domestic violence in women and children. Their mission is to bring an end to these issues, offering a comprehensive approach that goes beyond providing temporary housing solutions.
The organization's efforts are centered around housing programs, with one of their primary initiatives being Bessie Coleman Court, a 52-unit supportive housing community for survivors of domestic violence who have previously experienced chronic homelessness. Residents at Bessie Coleman Court receive a range of services, including case management, support groups, community gatherings, access to clothing and household items, and life skills training.
Beyond Bessie Coleman Court, Cornerstone Community Development Corporation also provides rapid rehousing subsidies and wraparound services to literally homeless families, ensuring that they can secure and maintain stable housing. The Housing Community Support Program also plays a crucial role, offering tenancy support services to chronically homeless individuals. This includes assistance with goal planning, budgeting, connection to and maintenance of services, relationships with landlords, transportation, self-advocacy, and access to mental health services, benefits, income, and healthcare. In the fiscal year 2020-21, Cornerstone Community Development Corporation's housing programs served 1,125 people (627 households).
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Impact
July, 2024
Cornerstone Community Development Corporation's impact is significant in the fight against homelessness and domestic violence. Through their housing programs such as Bessie Coleman Court, a 52-unit permanent supportive housing community for formerly chronically homeless survivors of domestic violence, they provide vital support to those in need. Residents at Bessie Coleman Court receive case management, access to various services, support groups, community gatherings, clothing, household items, and life skills training.
Additionally, Building Futures, which is run by Cornerstone Community Development Corporation, offers rapid rehousing subsidies and wraparound services to homeless families. Their Housing Community Support Program helps chronically homeless individuals with tenancy support services including goal planning, budgeting, connection to services, relationships with landlords, transportation, self-advocacy, and access to mental health services, benefits, income, and healthcare.
In the fiscal year 2020-21 alone, Cornerstone Community Development Corporation's housing programs served 1,125 people from 627 households. Through their work, they are making a tangible difference in the lives of women and children facing homelessness and domestic violence in San Leandro, California.
This information is meant to be a general summary of Cornerstone Community Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $8,372,012
- Gross Receipts: $9,723,350
Assets and Liabilities:
- Total Assets: $4,175,110
- Total Liabilities: $1,216,524
- Net Assets: $2,958,586
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT CONTRACTS
Revenue
$8,263,766
OTHER PROGRAM REVENUE
Revenue
$61,382
FORGIVENESS OF DEBT
Revenue
$24,873
IHN REVENUE
Revenue
$21,991
Organization Details
Founding Year
1986
Phone
(510) 357-0205Principal Officer
Elizabeth Varela
Main Address
1840 FAIRWAY DRIVE, SAN LEANDRO, CA, 94577
Website
www.bfwc.orgNTEE Category
Code: P43 - Human services
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