Totals
- Total revenue
- $14,394,731
- Total expenses
- $15,801,557
- Contributions and grants received
- $12,560,791
- Grants paid
- $0
- Program service revenue
- $1,722,122
- Investment income
- $61,442
- Other revenue
- $50,376
- Total assets, end of year
- $6,685,380
- Total liabilities, end of year
- $3,144,088
- Net assets or fund balances, end of year
- $3,541,292
- Program services expenses (Part IX)
- $12,902,207
- Management and general expenses
- $1,846,000
- Fundraising expenses
- $1,053,350
- Program service expenses (Part III)
- $12,902,207
Program services were 81.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$61,650
-
1e · Government grants (contributions)
$8,286,048
-
1f · All other contributions, gifts and grants
$4,213,093
-
1g · Noncash contributions included above
$1,987,733
-
2a · Program service revenue: TUITION - DAY CARE CENTER
total $1,146,830 · related or exempt $1,146,830
-
2b · Program service revenue: MANAGMENT FEE
total $411,420 · related or exempt $411,420
-
2c · Program service revenue: SUBCONTRACTOR
total $163,872 · related or exempt $163,872
-
3 · Investment income
total $62,327 · excluded $62,327
-
7a · Gross sales of assets other than inventory
securities $874
-
7b · Less cost or other basis and sales expenses
securities $1,759
-
7c · Gain or loss
securities -$885
-
7d · Net gain or loss
total -$885 · excluded -$885
-
8a · Fundraising events: gross income
$7,725
-
8a · Fundraising events: contributions included on line 1c
$61,650
-
8b · Fundraising events: direct expenses
$33,201
-
8c · Net income from fundraising events
total -$25,476 · excluded -$25,476
-
11a · Other revenue: MISCELLANEOUS
total $75,852 · related or exempt $75,852
-
11e · Other revenue, total
$75,852
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $346,434 · program services $281,939 · management and general $56,758 · fundraising $7,737
-
7 · Other salaries and wages
total $6,541,977 · program services $5,324,034 · management and general $1,071,495 · fundraising $146,448
-
8 · Pension plan contributions
total $147,438 · program services $120,029 · management and general $24,392 · fundraising $3,017
-
9 · Other employee benefits
total $631,247 · program services $513,899 · management and general $104,433 · fundraising $12,915
-
10 · Payroll taxes
total $528,764 · program services $429,897 · management and general $86,941 · fundraising $11,926
-
11a · Fees: management
total $1,090,801 · program services $129,616 · management and general $255,066 · fundraising $706,119
-
11g · Fees: other
total $39,028 · program services $12,510 · management and general $26,518
-
13 · Office expenses
total $124,118 · program services $103,809 · management and general $19,100 · fundraising $1,209
-
14 · Information technology
total $379,897 · program services $240,321 · management and general $81,935 · fundraising $57,641
-
16 · Occupancy
total $590,263 · program services $581,380 · management and general $2,125 · fundraising $6,758
-
17 · Travel
total $31,027 · program services $22,619 · management and general $7,299 · fundraising $1,109
-
19 · Conferences, conventions and meetings
total $35,365 · program services $23,394 · management and general $11,896 · fundraising $75
-
20 · Interest
total $29,932 · program services $5,643 · management and general $4,453 · fundraising $19,836
-
22 · Depreciation, depletion and amortization
total $155,049 · program services $143,789 · management and general $9,953 · fundraising $1,307
-
23 · Insurance
total $74,819 · program services $45,752 · management and general $26,564 · fundraising $2,503
-
24a · Other expenses: DIRECT ASSISTANCE
total $2,378,137 · program services $2,377,888 · management and general $249
-
24b · Other expenses: GIFTS IN KIND
total $1,859,263 · program services $1,847,443 · fundraising $11,820
-
24c · Other expenses: PROGRAM EXPENSE - GENER
total $565,741 · program services $558,660 · management and general $6,602 · fundraising $479
-
24d · Other expenses: TELECOMMUNICATIONS
total $90,382 · program services $72,136 · management and general $15,616 · fundraising $2,630
-
24e · All other expenses
total $161,875 · program services $67,449 · management and general $34,605 · fundraising $59,821
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $11,811 · end of year $11,723
-
2 · Savings and temporary cash investments
beginning of year $2,623,801 · end of year $893,648
-
3 · Pledges and grants receivable
beginning of year $2,107,112 · end of year $1,314,813
-
4 · Accounts receivable
beginning of year $291,875 · end of year $225,692
-
7 · Other notes and loans receivable
beginning of year $584,167 · end of year $594,167
-
8 · Inventories for sale or use
beginning of year $5,371 · end of year $4,114
-
9 · Prepaid expenses and deferred charges
beginning of year $457,887 · end of year $96,438
-
10a · Land, buildings and equipment: cost or other basis
$2,776,983
-
10b · Land, buildings and equipment: accumulated depreciation
$1,266,418
-
10c · Land, buildings and equipment, net
beginning of year $268,942 · end of year $1,510,565
-
11 · Investments: publicly traded securities
beginning of year $358,351 · end of year $399,236
-
15 · Other assets
beginning of year $2,272,260 · end of year $1,634,984
-
17 · Accounts payable and accrued expenses
beginning of year $1,295,959 · end of year $983,191
-
19 · Deferred revenue
beginning of year $796,035 · end of year $476,619
-
25 · Other liabilities
beginning of year $1,988,548 · end of year $1,684,278
-
27 · Net assets without donor restrictions
beginning of year $4,331,860 · end of year $3,157,246
-
28 · Net assets with donor restrictions
beginning of year $569,175 · end of year $384,046
Mission and programs · 2023
Mission
TOGETHER WITH OUR COMMUNITY, CORNERSTONES PROMOTES STABILITY, EMPOWERMENT, AND HOPE THROUGH SUPPORT, ADVOCACY, AND COMMUNITY-BUILDING FOR INDIVIDUALS AND FAMILIES IN NEED. FOR OVER FIVE DECADES, CORNERSTONES HAS ADDRESSED CHALLENGES THAT THREATEN THE WELL-BEING AND PROSPERITY OF FAMILIES AND OUR REGION. CORNERSTONES OFFERS INNOVATIVE AND IMPACTFUL PROGRAMS THAT TOUCHED THE LIVES OF NEARLY 26,000 INDIVIDUALS AND FAMILIES IN FISCAL YEAR 2024, AND CONVENED PARTNERS TO ADVANCE OPPORTUNITIES FOR STABLE HOUSING, FOOD SECURITY AND RESOURCES THAT PROVIDE OPPORTUNITIES FOR EVERY FAMILY.
-
FOR NEARLY 55 YEARS CORNERSTONES HAS PROVIDED SAFETY-NET AND COMPREHENSIVE HOUSING AND HUMAN SERVICES SUPPORTS TO HELP INDIVIDUALS AND FAMILIES GAIN STABILITY AND BUILD RESILIENCY AND OPPORTUNITY. CORNERSTONES' CORE PROGRAMS AND IMPACT ARE AS FOLLOWS: HOUSING SERVICES, INCLUDING THE EMBRY RUCKER COMMUNITY SHELTER (ERCS), SEASONAL AND OVERFLOW SHELTER AND HOMELESS SERVICES/RAPID RE-HOUSING PROGRAMS, AFFORDABLE RENTAL HOUSING, AND FORECLOSURE PREVENTION COUNSELING. OVER 1,100 UNIQUE INDIVIDUALS AND HOUSEHOLDS WERE SERVED THROUGH OUR HOMELESS SERVICE PROGRAMS. ERCS CASE MANAGERS HELPED 52 SINGLE GUESTS MOVE INTO PERMANENT HOUSING. ADDITIONALLY, 196 HOUSEHOLDS LIVING IN CORNERSTONES' AFFORDABLE RENTAL HOMES WORKED WITH CASE MANAGERS TO ACHIEVE GOALS THAT SUPPORT STABLE HOUSING.
Expenses $5,413,831 · Revenue $411,420
-
FOOD, FINANCIAL, AND URGENT ASSISTANCE, INCLUDING OUR FREE FROM HUNGER FOOD RESCUE CENTER (FOOD HUB), A FOOD PANTRY, EMERGENCY FINANCIAL ASSISTANCE AND EVICTION PREVENTION. IN ITS FIRST FULL YEAR OF OPERATION THROUGH FY24, THE FOOD HUB RESCUED OR SOURCED MORE THAN 508,000 LBS. OF FOOD AND DISTRIBUTED NEARLY 416,000 LBS. OF FOOD, THE EQUIVALENT OF 346,674 MEALS, THROUGH OUR PANTRY PROVIDERS.
Expenses $3,667,000 · Revenue $45,167
-
AFFORDABLE CHILDCARE AND YOUTH SERVICES, INCLUDING LAUREL LEARNING CENTER, BEFORE AND AFTER SCHOOL-CARE AND YOUTH ENRICHMENT PROGRAMS. LAUREL OFFERS AGE-APPROPRIATE DEVELOPMENTAL SCREENING, SCHOOL READINESS, PRE- AND AFTERSCHOOL ACADEMIC ENRICHMENT, AND FULL-DAY SUMMER RECREATIONAL AND CULTURAL PROGRAMS FOR NEARLY 100 STUDENTS. CORNERSTONES OFFERS OUT-OF-SCHOOL TIME PROGRAMS FOR AT-RISK SCHOOL-AGE YOUTH, PROVIDING THEM WITH TUTORING TO HELP IMPROVE MATH AND READING FLUENCY, CAREER EDUCATION, SERVICE-LEARNING, AND ENRICHMENT ACTIVITIES.
Expenses $1,765,273 · Revenue $1,146,830
-
COMMUNITY AND FAMILY STRENGTHENING, INCLUDING OUR OPPORTUNITY NEIGHBORHOOD (ON) INITIATIVES IN RESTON AND HERNDON, COMMUNITY CONNECTED SITES, AND NEIGHBORHOOD RESOURCE CENTERS TACKLE INEQUALITIES FACED BY CHILDREN AND YOUTH IN DISADVANTAGED AREAS. ON INITIATIVES INVOLVE COLLABORATION WITH COMMUNITY LEADERS, NONPROFITS, AND VOLUNTEERS TO IMPROVE CONNECTIONS BETWEEN SCHOOLS, NEIGHBORHOODS, AND COMMUNITY SERVICES.
Expenses $2,056,103 · Revenue $194,557
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ms Roberta GoslingMS ROBERTA GOSLING
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Ms Tracey WhiteMS TRACEY WHITE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Joseph BellmanMR JOSEPH BELLMAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Mr Joe KoszarekMR JOE KOSZAREK
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mr Lawrence Schwartz CPA MBA CvaMR LAWRENCE SCHWARTZ CPA MBA CVA
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Hugo A Aguas MpaMR HUGO A AGUAS MPA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ms Debra AllenMS DEBRA ALLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ms Karen CourtneyMS KAREN COURTNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Steve AlloyMR STEVE ALLOY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Brian FunakiMR BRIAN FUNAKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Danny GardnerMR DANNY GARDNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ms Carolyn HammMS CAROLYN HAMM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ms Amy JoyceMS AMY JOYCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Craig B Kendall CPAMR CRAIG B KENDALL CPA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Andrew LacherMR ANDREW LACHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Ken PlumMR KEN PLUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ms Monique SharpeMS MONIQUE SHARPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ms Sara LeonardMS SARA LEONARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Will MettsMR WILL METTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rev Dr Daniel ParkREV DR DANIEL PARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mr John Persil CPA CfeMR JOHN PERSIL CPA CFE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ms Judith PolizzottiMS JUDITH POLIZZOTTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ms Gillian SescoeMS GILLIAN SESCOE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rev Stephen Smith-CobbsREV STEPHEN SMITH-COBBS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Roy StevensMR ROY STEVENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Robert Van HoeckeMR ROBERT VAN HOECKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ms Kerrie B WilsonMS KERRIE B WILSON
CHIEF EXECUTIVE OFFICER
- Total calculated
- $196,028
- From this org
- $187,629
- From related orgs
- $0
- Other
- $8,399
- Hours/week
- 30 + 20 related
Schedule J breakdown matched by us
- Base
- $187,629
- Bonus
- $0
- Other
- $0
- Deferred
- $7,645
- Nontaxable benefits
- $754
- Filer's total
- $196,028
-
Ms Holly MicozziMS HOLLY MICOZZI
CHIEF FINANCIAL & OPERATING OFFICER
- Total calculated
- $130,649
- From this org
- $129,510
- From related orgs
- $0
- Other
- $1,139
- Hours/week
- 40
-
Ms Julie Lynn HielenMS JULIE LYNN HIELEN
EVP, HUMAN RESOURCES
- Total calculated
- $113,939
- From this org
- $102,151
- From related orgs
- $0
- Other
- $11,788
- Hours/week
- 40
-
Mr Theodore LewisMR THEODORE LEWIS
EVP, BUSINESS & COMMUNITY IMPACT
- Total calculated
- $118,218
- From this org
- $116,967
- From related orgs
- $0
- Other
- $1,251
- Hours/week
- 40
-
Ms Maura WilliamsMS MAURA WILLIAMS
EVP, HOUSING & COMMUNITY PROGRAMS
- Total calculated
- $122,242
- From this org
- $107,455
- From related orgs
- $0
- Other
- $14,787
- Hours/week
- 40
-
Ms Meredith HovanMS MEREDITH HOVAN
VP, RESOURCE DEVELOPMENT
- Total calculated
- $128,646
- From this org
- $120,989
- From related orgs
- $0
- Other
- $7,657
- Hours/week
- 40
-
Ms Margaret Anne LaraMS MARGARET ANNE LARA
MANAGING DIRECTOR, STRATEGIC PROJECTS
- Total calculated
- $117,161
- From this org
- $105,264
- From related orgs
- $0
- Other
- $11,897
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CORNERSTONES HOUSING CORPORATION (CHC)
501(C)(3) · EO PROVIDES MANAGEMENT AND ADMINISTRATIVE SERVICES FOR CHC · VA · controlled entity
Directly controlled by CORNERSTONES INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
CORNERSTONES NORTH POINT LLC
OWNS RIHC PARTNERS, LP · VA
Directly controlled by CORNERSTONES INC
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
RIHC PARTNERS LP
RELATED · PROVIDE AFFORDABLE HOUSING · VA · 99% owned · share of income $42,070 · share of assets $1,726,529
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531349349303978
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.