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Nonprofiteer
← HUMANGOOD CORNERSTONE

Form 990 for tax year 2024

Filed by HUMANGOOD CORNERSTONE.

Totals

Total revenue
$3,390,000
Total expenses
$1,822,481
Contributions and grants received
$3,390,000
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$4,518,282
Total liabilities, end of year
$67,795
Net assets or fund balances, end of year
$4,450,487
Program services expenses (Part IX)
$1,196,595
Management and general expenses
$625,886
Fundraising expenses
$0
Program service expenses (Part III)
$1,196,595

Program services were 65.7% 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.

  • 1d · Related organizations

    $3,390,000

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $451,000 · management and general $451,000

  • 7 · Other salaries and wages

    total $1,331 · management and general $1,331

  • 9 · Other employee benefits

    total $52,638 · management and general $52,638

  • 10 · Payroll taxes

    total $29,414 · management and general $29,414

  • 11c · Fees: accounting

    total $9,112 · management and general $9,112

  • 11g · Fees: other

    total $179,023 · program services $105,783 · management and general $73,240

  • 13 · Office expenses

    total $8,695 · program services $8,695

  • 17 · Travel

    total $43,475 · program services $34,780 · management and general $8,695

  • 19 · Conferences, conventions and meetings

    total $1,015,090 · program services $1,015,090

  • 24a · Other expenses: SUPPLIES

    total $22,615 · program services $22,615

  • 24b · Other expenses: OTHER EXPENSES

    total $7,810 · program services $7,810

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $2,278 · program services $1,822 · management and general $456

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $160,622 · end of year $71,773

  • 9 · Prepaid expenses and deferred charges

    beginning of year $82,634 · end of year $18,901

  • 15 · Other assets

    beginning of year $4,198,956 · end of year $4,427,608

  • 17 · Accounts payable and accrued expenses

    beginning of year $220,465 · end of year $67,795

  • 25 · Other liabilities

    beginning of year $1,338,779 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $2,882,968 · end of year $4,450,487

Mission and programs · 2024

Mission

AT HUMANGOOD WE BELIEVE EVERYONE SHOULD HAVE THE OPPORTUNITY TO LIVE WITH ENTHUSIASM, CONFIDENCE AND SECURITY, REGARDLESS OF PHYSICAL, SOCIAL, OR ECONOMIC CIRCUMSTANCES. AND WHEN WE SAY EVERYONE, WE MEAN EVERYONE - INCLUDING YOU. CONTINUED ON SCHEDULE O.BECAUSE WE BELIEVE THIS, OUR MISSION IS TO INSPIRE YOUR BEST LIFE.WE DO THAT BY WORKING HAND-IN-HAND TO CREATE EXPERIENCES THAT MATTER TO YOU.

Activities or mission (Part I)

TO HELP OLDER ADULTS LIVE THEIR BEST LIVES POSSIBLE, HOWEVER THEY DEFINE IT.

  • HUMANGOOD CORNERSTONE WAS FORMED IN 1999 AND IS THE PARENT COMPANY FOR HUMANGOOD'S NON-CALIFORNIA AFFILLIATES. IT FACILITATES REDEVELOPMENT AND GROWTH AND PROVIDES A STRUCTURE FOR AFFILIATION WHILE PROTECTING THE CREDIT CAPACITY OF ITS AFFILIATES.

    Expenses $1,196,595

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Randall L Stamper

    CHAIR

    Total calculated
    $73,000
    From this org
    $73,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 17.2 related

  • Albert W Kelley

    VICE CHAIR

    Total calculated
    $63,000
    From this org
    $63,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 12.1 related

  • H Declan Brown

    SECRETARY

    Total calculated
    $63,000
    From this org
    $63,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 14.7 related

  • Judith Baker

    DIRECTOR

    Total calculated
    $63,000
    From this org
    $63,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 12.1 related

  • Rev Michelle Holmes

    DIRECTOR

    Total calculated
    $63,000
    From this org
    $63,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 12.7 related

  • William Battison

    DIRECTOR

    Total calculated
    $63,000
    From this org
    $63,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 11.1 related

  • Alan Griffith

    DIRECTOR

    Total calculated
    $63,000
    From this org
    $63,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 12.8 related

  • John H Cochrane III

    PRESIDENT/CHIEF EXECUTIVE OFFICER

    Total calculated
    $1,566,593
    From this org
    $0
    From related orgs
    $1,273,854
    Other
    $292,739
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $721,088 related
    Bonus
    $0 + $518,700 related
    Other
    $0 + $34,066 related
    Deferred
    $0 + $263,800 related
    Nontaxable benefits
    $0 + $28,939 related
    Filer's total
    $0 + $1,566,593 related

  • Daniel Ogus

    CHIEF OPERATING OFFICER

    Total calculated
    $1,147,903
    From this org
    $0
    From related orgs
    $963,841
    Other
    $184,062
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $563,190 related
    Bonus
    $0 + $371,280 related
    Other
    $0 + $29,371 related
    Deferred
    $0 + $163,800 related
    Nontaxable benefits
    $0 + $20,262 related
    Filer's total
    $0 + $1,147,903 related

  • Andrew McDonald

    CHIEF FINANCIAL OFFICER

    Total calculated
    $758,654
    From this org
    $0
    From related orgs
    $674,064
    Other
    $84,590
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $441,536 related
    Bonus
    $0 + $226,590 related
    Other
    $0 + $5,938 related
    Deferred
    $0 + $55,177 related
    Nontaxable benefits
    $0 + $29,413 related
    Filer's total
    $0 + $758,654 related

  • Bethany Ghassemi

    CHIEF LEGAL OFFICER

    Total calculated
    $659,066
    From this org
    $0
    From related orgs
    $587,562
    Other
    $71,504
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $374,729 related
    Bonus
    $0 + $193,830 related
    Other
    $0 + $19,003 related
    Deferred
    $0 + $64,384 related
    Nontaxable benefits
    $0 + $7,120 related
    Filer's total
    $0 + $659,066 related

  • Nick Lindberg

    CHIEF INFORMATION OFFICER

    Total calculated
    $417,053
    From this org
    $0
    From related orgs
    $413,070
    Other
    $3,983
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $286,828 related
    Bonus
    $0 + $116,424 related
    Other
    $0 + $9,818 related
    Deferred
    $0 + $892 related
    Nontaxable benefits
    $0 + $3,091 related
    Filer's total
    $0 + $417,053 related

  • James Park

    SVP CORPORATE COMMUNICATION

    Total calculated
    $305,685
    From this org
    $0
    From related orgs
    $271,164
    Other
    $34,521
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $195,222 related
    Bonus
    $0 + $73,427 related
    Other
    $0 + $2,515 related
    Deferred
    $0 + $12,298 related
    Nontaxable benefits
    $0 + $22,223 related
    Filer's total
    $0 + $305,685 related

  • Andrew Smith

    VP OF INNOVATION

    Total calculated
    $334,974
    From this org
    $0
    From related orgs
    $292,031
    Other
    $42,943
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,712 related
    Bonus
    $0 + $84,427 related
    Other
    $0 + $4,892 related
    Deferred
    $0 + $12,215 related
    Nontaxable benefits
    $0 + $30,728 related
    Filer's total
    $0 + $334,974 related

  • Anika Hartounian

    VP FINANCE

    Total calculated
    $430,662
    From this org
    $0
    From related orgs
    $385,639
    Other
    $45,023
    Hours/week
    0.4 + 38.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $261,583 related
    Bonus
    $0 + $122,687 related
    Other
    $0 + $1,369 related
    Deferred
    $0 + $13,066 related
    Nontaxable benefits
    $0 + $31,957 related
    Filer's total
    $0 + $430,662 related

  • Cynthia Salgado

    VP CORPORATE COMPLIANCE

    Total calculated
    $287,341
    From this org
    $0
    From related orgs
    $271,954
    Other
    $15,387
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $188,140 related
    Bonus
    $0 + $82,154 related
    Other
    $0 + $1,660 related
    Deferred
    $0 + $12,549 related
    Nontaxable benefits
    $0 + $2,838 related
    Filer's total
    $0 + $287,341 related

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

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
FIRST CLASS TRAVEL IS AVAILABLE TO EXECUTIVE TEAM MEMBERS OF THE ORGANIZATION. TRAVEL FOR COMPANIONS IS AVAILABLE FOR EXECUTIVE TEAM MEMBERS. A COST REIMBURSEMENT BENEFIT OF $60/MONTH IS AVAILABLE TO CERTAIN EXECUTIVE TEAM MEMBERS FOR MONTHLY GYM MEMBERSHIP DUES.
PART I, LINE 3
COMPENSATION OF THE CEO IS DETERMINED BY HUMANGOOD USING THE FOLLOWING METHODS: COMPENSATION COMMITTEE, COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY/STUDY AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE.
PART I, LINE 4B
SELECT KEY EXECUTIVES ARE ALLOWED TO PARTICIPATE IN AN IRC 457(F) PLAN, WHEREBY (SUBJECT TO PLAN AMENDMENT) THE PLAN WILL FUND REGULAR CONTRIBUTIONS AND EARN A RETURN EQUAL TO THE CONSUMER PRICE INDEX RATE PLUS 2.5 PERCENT WITH A CAP OF 6.0 PERCENT. IN ACCORDANCE WITH IRS REQUIREMENTS, WHILE THERE IS A RISK OF FORFEITURE, THE CURRENT YEAR'S UNVESTED CONTRIBUTION TO THE 457F PLAN IS REPORTED IN PART II, COLUMN C.
PART I, LINE 7
INCENTIVE COMPENSATION: EXECUTIVE DIRECTORS, REGIONAL MANAGERS AND SENIOR MANAGEMENT ARE ELIGIBLE FOR INCENTIVE COMPENSATION. IN THE CALENDAR YEAR PRECEDING THE INCENTIVE COMPENSATION, GOALS ARE SET FOR EACH INDIVIDUAL THAT ALIGN WITH THE STRATEGIC AND OPERATIONAL OBJECTIVES OF THE ORGANIZATION. THE GOALS OF THE CEO AND EXECUTIVE TEAM ARE REVIEWED BY THE COMPENSATION COMMITTEE AND BOARD. BEFORE ANY PAYMENT IS MADE, THE INCENTIVE COMPENSATION POOL MUST BE FUNDED BY (A) EXCEEDING BUDGETED NET CASH PRODUCTION ARISING FROM THE SUM OF OPERATIONAL PERFORMANCE AND NET TURNOVER ENTRANCE FEES, SUBJECT TO A CAP; AND (B) MEETING OR EXCEEDING BUDGETED OPERATING MARGIN BY A PREDETERMINED AMOUNT. IF THE INCENTIVE POOL IS PARTIALLY FUNDED, THE PARTIAL PERCENTAGE IS APPLIED TO THE POTENTIAL PAYMENT FOR EACH TEAM MEMBER'S ATTAINED GOALS. THE ATTAINMENT OF THE GOALS OF THE CEO AND EXECUTIVE TEAM ARE REVIEWED BY THE COMPENSATION COMMITTEE AND BOARD PRIOR TO PAYMENT. FOR OTHER TEAM MEMBERS, THE ATTAINMENT OF EACH INCENTIVE GOAL IS ASSESSED BY THE INCENTIVE-ELIGIBLE TEAM MEMBER'S SUPERVISOR AND ULTIMATELY REVIEWED BY THE CEO PRIOR TO PAYMENT.

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.

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • 333 MONTEREY ROAD LP

    LOW-INCOME SENIOR HOUSING · CA

  • ANDRES DUARTE TERRACE II LP

    LOW-INCOME SENIOR HOUSING · CA

  • APS VENICE LP

    LOW-INCOME SENIOR HOUSING · CA

  • BAY VISTA PARTNERS LLLP

    AFFORDABLE HOUSING · WA

  • BENSALEM SENIOR APARTMENTS LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • CANTERBURY VILLAGE LP

    LOW-INCOME SENIOR HOUSING · CA

  • CANTRELL PLACE LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • CASA DE LA PALOMA LLC

    LOW-INCOME SENIOR HOUSING · CA

  • CASA DE LA PALOMA LP

    LOW-INCOME SENIOR HOUSING · CA

  • CASTLE ARGYLE LP

    LOW-INCOME SENIOR HOUSING · CA

  • CLARK TERRACE LP

    LOW-INCOME SENIOR HOUSING · CA

  • COVENANT MANOR LLC

    LOW-INCOME SENIOR HOUSING · CA

  • COVENANT MANOR LP

    LOW-INCOME SENIOR HOUSING · CA

  • ETHIOPIAN VILLAGE GP LLC

    LOW-INCOME SENIOR HOUSING · CA

  • ETHIOPIAN VILLAGE LLLP

    LOW-INCOME SENIOR HOUSING · CA

  • FD HAYNES APARTMENTS GP LLC

    LOW-INCOME SENIOR HOUSING · CA

  • FD HAYNES APARTMENTS LP

    LOW-INCOME SENIOR HOUSING · CA

  • FILIPINO COMMUNITY VILLAGE LLLP

    LOW-INCOME SENIOR HOUSING · CA

  • HARBOR VIEW MANOR GP LLC

    AFFORDABLE HOUSING · CA

  • HARBOR VIEW MANOR LLLP

    AFFORDABLE HOUSING · WA

  • JANNEY STREET APARTMENTS LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • JUDSON TERRACE HOMES SENIOR HOUSING LP

    AFFORDABLE HOUSING · CA

  • MAKEMIE COURT LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • MAPLE HOUSE LLC

    LOW-INCOME SENIOR HOUSING · PA

  • MAPLE VILLAGE APARTMENTS LP

    LOW-INCOME SENIOR HOUSING · PA

  • MARY FIELD SENIOR APARTMENTS LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • MILLER AVENUE SENIOR HOUSING LP

    AFFORDABLE HOUSING · CA

  • MONTGOMERY HOUSING LLLP

    AFFORDABLE HOUSING · WA

  • MORGAN HILL SENIOR HOUSING LP

    LOW-INCOME SENIOR HOUSING · CA

  • MT RUBIDOUX MANOR LLC

    AFFORDABLE HOUSING · CA

  • MT RUBIDOUX MANOR LP

    AFFORDABLE HOUSING · CA

  • NORTHAVEN THREE MANAGER LLC

    LOW-INCOME SENIOR HOUSING · CA

  • NORTHAVEN THREE NORTHGATE LIMITED PARTNERSHIP

    LOW-INCOME SENIOR HOUSING · CA

  • OLIVE PLAZA SENIOR HOUSING LP

    LOW-INCOME SENIOR HOUSING · OR

  • PACIFIC MEADOWS SENIOR HOUSING LP

    AFFORDABLE HOUSING · CA

  • PALMER HOUSE LP

    LOW-INCOME SENIOR HOUSING · CA

  • PARK PASEO LP

    LOW-INCOME SENIOR HOUSING · CA

  • PHV HEALTHCARE FUND I LP

    INVESTMENT · CA

  • RIVERSIDE SENIOR APARTMENTS LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • ROTARY GARDENS LP

    AFFORDABLE HOUSING · CA

  • ROTARY GARDENS LLC

    AFFORDABLE HOUSING · CA

  • ROTARY MILLER AVENUE LLC

    AFFORDABLE HOUSING · CA

  • ROTARY PLAZA ASSOCIATES LLC

    AFFORDABLE HOUSING · CA

  • ROTARY PLAZA LP

    AFFORDABLE HOUSING · CA

  • ROYAL VISTA TERRACE APTS LLC

    LOW-INCOME SENIOR HOUSING · CA

  • ROYAL VISTA TERRACE APTS LP

    LOW-INCOME SENIOR HOUSING · CA

  • SUN TOWER PARTNERS LLLP

    AFFORDABLE HOUSING · CA

  • SUNNYVALE LIFE LLC

    AFFORDABLE HOUSING · CA

  • SUNNYVALE LIFE LP

    AFFORDABLE HOUSING · CA

  • SYCAMORE TERRACE UPLAND LP

    LOW-INCOME SENIOR HOUSING · CA

  • TAHOE SENIOR HOUSING II LP

    AFFORDABLE HOUSING · CA

  • THREE RIVERS SENIOR HOUSING LLLP

    AFFORDABLE HOUSING · WA

  • TOWER PARK LLC

    AFFORDABLE HOUSING · CA

  • TOWER PARK LP

    AFFORDABLE HOUSING · CA

  • VALLEY VISTA SENIOR HOUSING LP

    AFFORDABLE HOUSING · CA

  • VISTA SENIOR HOUSING LP

    LOW-INCOME SENIOR HOUSING · CA

  • WESTMINSTER COURT LP

    LOW-INCOME SENIOR HOUSING · CA

  • WITHERSPOON SENIOR APARTMENTS LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • WYNNEFIELD PLACE LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • WYNNEFIELD SENIOR HOUSING LLC

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • WYNNEFIELD HOUSING CORPORATION

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • WITHERSPOON HOUSING INC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • SUN TOWER GP LLC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · CA

  • PRESBYHOUSING INC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • PRESBY RIVERSIDE HOUSING INC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • PRESBY HOMES DEVELOPMENT CORP

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • PENINSULA COMM HOUSING DEVELOPMENT CORP

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · CA

  • PACIFIC MEADOWS SENIOR LLC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · CA

  • OLIVE PLAZA SENIOR HOUSING GP LLC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · OR

  • MAKEMIE HOUSING INC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • JUDSON TERRACE HOMES GP LLC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · CA

  • JANNEY HOUSING LLC

    C · AFFORDABLE HOUSING · PA · 100% owned

  • HUMANGOOD PROPERTIES

    C · PROPERTY HOLDING COMPANY · CA · 100% owned · controlled entity

    Directly controlled by HUMANGOOD CORNERSTONE

  • FILIPINO COMMUNITY VILLAGE GP LLC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · WA

  • CANTRELL HOUSING INC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202513189349301726

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