2024-06-17T11:33:06-05:00 2023-12-31 640654714 ALEXANDER VAN LOON SLOAN LEVENS & FAVRE 9490 THREE RIVERS ROAD GULFPORT MS 39503 990 2023-01-01 640819423 CORNERSTONE FOUNDATION CORN 2282071811 9032 WOOLMARKET RD BILOXI MS 39532 WADE BISHOP CFO 2282071811 2024-06-17 1 WADE BISHOP 999009999 0 KIM MARMALICH CPA P01300767 2288630411 2024-06-17 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z WADE BISHOP 9032 WOOLMARKET RD BILOXI MS 39532 792196 0 X WWW.CRSTONE.ORG X 1992 MS BUILD A DIVERSE COMMUNITY OF CHRISTIAN BELIEVERS COOPERATING TO PROVIDE MEDICAL CARE, AND A CONSTANT, PRESENT, ON-GOING HEARING OF THE GOSPEL OF JESUS CHRIST TO THE PEOPLE OF THE NORTH COAST OF HONDURAS. 16 9 5 134 0 0 920633 790869 0 0 1760 1327 0 0 922393 792196 427678 317794 0 0 212252 200679 0 0 0 141889 172485 781819 690958 140574 101238 2226715 2315187 57549 44783 2169166 2270404 X THE CORNERSTONE FOUNDATION IS DEDICATED TO THE GLORY OF GOD AND THE FULFILLMENT OF THE GREAT COMMISSION THROUGH MINISTRY TO THE BODY, SOUL, AND SPIRIT OF THOSE IN NEED. WE WILL ANSWER THIS CALLING THROUGH SERVICES SUCH AS MEDICAL CARE, CHILD CARE, COMMUNITY DEVELOPMENT AND EDUCATION. 0 0 493650 317794 HOSPITAL LOMA DE LUZ CARED FOR APPROXIMATELY 27,396 PATIENTS OF MINIMAL RESOURCES OFFERING FULL-TIME MEDICAL CARE OF THE HIGHEST QUALITY IN AREAS OF FAMILY PRACTICE, PEDIATRICS, CARDIOLOGY, INTERNAL MEDICINE, SURGERY, AND MATERNAL CHILD HEALTH AND DENTISTRY. MEDICAL CLINICS WERE OPEN 5 DAYS PER WEEK. EMERGENCY ROOM AND IN-PATIENT SERVICES WERE OFFERED 24/7/365. PERFORMED NUMEROUS OPERATIONS OF ALL KINDS. 87070 ESCUELA EL CAMINO OFFERED CLASSES FOR FULL TIME STUDENTS INCLUDING GEOGRAPHY, ART, MUSIC AND READING. SUPPORT FOR ALL PUBLIC SCHOOLS IN THE AREA IN OBTAINING LIBRARIES, OFFERING SPECIAL PROGRAMS, AND HELPING CONSTRUCT/UPGRADE SCHOOLS. HELD WEEK LONG ANNUAL MISSIONARY KIDS CAMP FOR KIDS ALL OVER HONDURAS. 96 ONGOING HOUSING/CARE OF POOREST PATIENT FAMILIES AND PATIENTS FROM OTHER PARTS OF THE COUNTRY AT THE SANCTUARY CENTER AND CHILDRENS CENTER. 580816 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 9 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 16 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 1 0 MS X NICOLE LAIL 2282011811 9032 WOOLMARKET ROAD BILOXI MS 39532 RUTH BISHOP PERSONNEL 0.50 X 0 0 0 JERRY CAFFEY CONSTRUCTION 0.50 X 0 0 0 SALLY MAHONEY COMMUNICATIONS 2.00 X 0 0 0 LINDA KUYKENDALL CONFERENCES 2.00 X 0 0 0 ROSANNE MCKENNEY GRANT MANAGER 48.00 X 42982 0 9900 JILL COBLE RECORDER 6.00 X 0 0 0 JOE MAHONEY GENERAL ADVISOR 0.60 X 0 0 0 RICHARD REICHART GENERAL ADVISOR 2.00 X 0 0 0 JILL REICHART GENERAL ADVISOR 2.00 X 0 0 0 STEVE HYRSZCZUK GENERAL ADVISOR 2.00 X 0 0 0 ANDREA HYRSZCZUK GENERAL ADVISOR 2.00 X 0 0 0 WALLY BROWN GENERAL ADVISOR 2.00 X 0 0 0 TOMARA BROWN GENERAL ADVISOR 2.00 X 0 0 0 DR JEFF MCKENNEY PRESIDENT 66.00 X 42982 0 9900 BRUCE COBLE SECRETARY 6.00 X 0 0 0 DR WADE BISHOP TREASURER 4.00 X 0 0 0 85964 0 19800 0 0 0 0 0 790869 790869 1327 1327 792196 0 0 1327 317794 317794 85964 85964 73971 51789 22182 30813 21491 9322 9931 8293 1638 13630 13630 37243 36866 377 1992 1992 4730 4730 4886 4145 741 5349 5349 32088 32088 3454 3454 REPAIRS AND MAINTENANCE 31024 30190 834 PRINTING AND REPRODUCTI 15257 15257 OFFICER TRAVEL REIMBURS 8039 8039 BANK CHARGES 5626 4403 1223 9167 4624 4543 690958 580816 110142 0 277269 365400 364073 397826 1116063 142637 1005514 973426 326585 326585 253274 251950 2226715 2315187 45685 34567 11864 10216 57549 44783 X 2169166 2270404 2169166 2270404 2226715 2315187 101238 0 X 0 1 X 0 0 X 1010746 1090210 1171824 920633 790869 4984282 1010746 1090210 1171824 920633 790869 4984282 107275 4877007 4725 1909 1760 1327 9721 36692 36692 5030695 0.96940 0.96270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 318465 318465 704886 83383 621503 34353 33629 724 58359 25625 32734 973426 VACANT LAND - HONDURAS 326585 C 326585 CONSTRUCTION IN PROGRESS 251950 251950 PAYROLL LIABILITIES 10216 10216 X 792196 0 792196 0 792196 690958 0 690958 0 690958 PART X, LINE 2: THE FOUNDATION HAS IMPLEMENTED THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2021 THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 0 CENTRAL AMERICA AND THE CARIBBEAN 1 PROGRAM SERVICES BUILD A DIVERSE COMMUNITY OF CHRISTIAN BELIEVERS COOPERATING TO PROVIDE MEDICAL CARE, AND A CONSTANT, PRESENT, ON-GOING HEARING OF THE GOSPEL OF JESUS CHRIST TO THE PEOPLE OF THE NORTH COAST OF HONDURAS. 317794 1 0 0 0 1 0 317794 0 317794 CENTRAL AMERICA AND THE CARIBBEAN BUILD A DIVERSE COMMUNITY OF CHRISTIAN BELIEVERS COOPERATING TO PROVIDE MEDICAL CARE, AND A CONSTANT, PRESENT, ON-GOING HEARING OF THE GOSPEL OF JESUS CHRIST TO THE PEOPLE OF THE NORTH COAST OF HONDURAS. 317794 CASH PAYMENT, WIRE TRANSFER 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THERE ARE SEVEN MARRIED COUPLES ON THE BOARD: JEFF AND ROSANNE MCKENNEY, WADE AND RUTH BISHOP, JILL AND BRUCE COBLE, SALLY AND JOE MAHONEY, RICHARD & JILL REICHERT, STEVE & ANDREA HYRSZCZUK, AND WALLY AND TOMARA BROWN. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE INDEPENDENT AUDITING FIRM, ADMINISTATOR, FOLLOWED BY THE PRESIDENT AND TREASURER OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S ENFORCEMENT AND COMPLIANCE PROCESS IS EXPOUNDED UPON IN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15B THE BOARD OF DIRECTORS SETS THE COMPENSATION BASED ON THE SCOPE OF THE WORK EXPECTED AND RESEARCHING APPROPRIATE DATA OF COMPARABILITY OF OTHER SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL INFORMATION IS DISPLAYED ON THE MISSISSIPPI SECRETARY OF STATE'S WEBSITE. THE ORGANIZATION ALSO DISPLAYS THIS AND VARIOUS OTHER INFORMATION IN THEIR OFFICE. HOSPITAL LOMA DE LUZ AND ASOCIACION PIEDRA ANGULAR DE HONDURAS HOSPITAL HO 501(C)(3) 7 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 HOSPITAL LOMA DE LUZ AND ASOCIACION PIEDRA ANGULAR DE HONDURAS B 16071 CASH HOSPITAL LOMA DE LUZ AND ASOCIACION PIEDRA ANGULAR DE HONDURAS L 301723 CASH