2024-11-11T14:28:10-05:00 2023-12-31 631027959 Brenda J Morrison CPA PC 704 Ward Ave NE Huntsville AL 35801 990 2023-01-01 275159255 THE CORNERSTONE INITIATIVE CORN P O BOX 391 Huntsville AL 35804 DEBORAH AKERS CPA 2566945393 2024-11-11 true true Brenda J Morrison CPA P01233817 2565331113 2024-11-11 2023 2024-10-15 13:58:12Z 319236 false X www.cornerstone-al.com X 2011 AL The CornerStone Initiative is a faith-based nonprofit organization committed to encouraging and equipping men and women in Madison County, Alabama as they navigate a pathway out ofpoverty to a place of sustainable self-sufficiency. 8 8 4 0 0 212291 291310 0 0 4329 27926 216620 319236 0 0 164932 184392 0 0 62622 59505 227554 243897 -10934 75339 180170 256575 7285 8351 172885 248224 X The CornerStone Initiative is a faith-based nonprofit organization committed to encouraging and equipping men and women in Madison County, Alabama as they navigate a pathway out ofpoverty to a place of sustainable self-sufficiency. false false 243897 The CornerStone Initiative is a faith-based nonprofit organizatuion committed to encouraging and equippingmen and women in Madison County, Alabama as they navigate a pathway out of poverty to a place of sustainable self-sufficiency. SEE SCHEDULE O 243897 true true false false false false false false false false true false false false true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 2 0 true 4 true false false false false false false false false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true false false true true false X DEBBI AKERS 2566945393 PO BOX 391 Huntsville AL 35804 X BRANDON CARRIN DIRECTOR 0.00 0.00 X 0 0 0 KATIE HERR DIRECTOR 0.00 0.00 X 0 0 0 BILL NASH SPIRITUAL DIRECTOR 0.00 0.00 X 0 0 0 JANE DANIEL DIRECTOR 0.00 0.00 X 0 0 0 DOCQUINN TAYLOR VICE PRESIDENT 0.00 0.00 X X 0 0 0 TERRY BOYD BOARD PRESIDENT 0.00 0.00 X X 0 0 0 CALEB FICKEN TREASURER 0.00 0.00 X X 0 0 0 ELIZABETH JACOBUS SECRETARY 0.00 0.00 X X 0 0 0 0 0 0 0 false false false 36506 254804 291310 36506 ERC REFUND 611710 22110 22110 MISCELLANEOUS 611710 5783 5783 AMAZON SMILES 611710 33 33 27926 319236 27926 0 0 171288 171288 13104 13104 3758 3758 10265 10265 4525 4525 8672 8672 4992 4992 1572 1572 BRIDGE FUND 2413 2413 NEIGHBORHOOD PROGRAMS 595 595 HOSPITALITY FOOD 6367 6367 OUTSIDE CONTRACT SERVICES 7034 7034 9312 9312 243897 243897 0 0 180170 256575 4594 4594 180170 256575 7285 8351 7285 8351 X 172885 248224 172885 248224 180170 256575 75339 0 X false false false X 185246 219363 197348 212291 291310 1105558 10868 5964 4283 27926 49041 196114 225327 197348 216574 319236 1154599 1154599 277 187 112 576 277 187 112 576 196391 225514 197460 216574 319236 1155175 0.99950 0.99940 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4594 4594 PAYROLL TAXES 5324 CREDIT CARD PAYABLE 2396 ACCRUED EXPENSES 631 8351 CORNHOLE 19192 19192 FALL DINNER 17314 17314 36506 36506 36506 Officer directors etc family relationship Part VI line 2 NONE Form 990 governing body review Part VI line 11 LINE 11B - ORGANIZATIONS PROCESS TO REVIEW FORM 990THE FORM 990 DOCUMENT IS REVIEWED BY EXECUTIVE DIRECTOR AND AND TREASURER PRIOR TO FILING Conflict of interest policy compliance Part VI line 12c ALL CONRERSTONE BOARD OF DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO SIGN THE CORNERSTONE BOARD OF DIRECTORS AGREEMENT, CONFLICT OF INTEREST POLICY AND THE CORNERTONE BOARD OF DIRECTORS AFFIRMATION OF COMPLIANCE & DISCLOSURE STATEMENTS ANNUALLY.I HAVE RECEIVED AND CAREFULLY READ THE CONFLICT OF INTEREST SECTION OF THE BYLAWS OF THE CORNERSTONE INITIATIVE, AND HAVE CONSIDERED NOT ONLY THE LITERAL EXPRESSION OF THE POLICY, BUT ALSO ITS INTENT. BY SIGNING THIS AFFIRMATION OF COMPLIANCE, I HEREBY AFFIRM THAT I UNDERSTAND AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. I FURTHER UNDERSTAND THAT CSI IS A CHARITABLE ORGANIZATION AND THAT CONFLICTS OF INTEREST CAN ENDANGER ITS FEDERAL TAX-EXEMPTION. CEO executive director top management comp Part VI line 15a THE BOARD OF DIRECTORS USES SALARY SURVEYS FROM LOCAL AND NATIONAL SALARY DATA TO DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR. Other officer or key employee compensation Part VI line 15b SEE 15A Governing documents etc available to public Part VI line 19 ALL GOVERNING DOCUMENTS FOR THE CORNERSTONE INITIATIVE ARE CONTAINED IN ALL BOARD DIRECTORS MANUALS. THE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST VIA EMAIL RO BY MAKING AN APPOINTMENT TO READ THE HARD COPIES ON FILE AT OFFICE OF THE CORNERSTONE INITIATIVE. Explanation of other changes in net assets or fund balances Part XI line 9 TAX EXEMPT PPP LOAN PROCEEDS $33790 Part III response or note to any other line in Part III LINE 4D - ALL OTHER ACCOMPLISHMENTSTHE CORNERSTONE INITIATIVE IS A FAITH-BASED NONPROFIT ORGANIZATION COMMITTED TO ENCOURAGING AND EQUIPPING MEN ANDWOMEN IN MADISON COUNTY, ALABAMA AS THEY NAVIGATE A PATHWAY OUT OF POVERTY TO A PLACE OF SUSTAINABLE SELF-SUFFICIENCY.* EDUCATION - FINANCIAL LITERACY (FAITH AND FINANCES)* EDUCATION - LEARNING POD (SUPPLEMENTARY TUTORING DURING COVID FOR COMMUNITY CHILDREN)* EMPLOYMENT - WORK READINESS AND TRAINING/MENTORING (JOBS FOR LIFE)* ENRICHMENT - NEIGHBORHOOD IMPROVEMENTS AND COMMUNITY GARDEN General explanation attachment FORM 990, PART 1, LINE 6:TYPE OF VOLUNTEER SERVICES1. EVENT PLANNING2. OFFICE & CLERICAL SUPPORT3. COMMUNICATIONS - FLIER DISTRIBUTION4. RENOVATION OF OFFICE (PHYSICAL LABOR)5. SMALL GROUP STUDY PARTICIPANTS6. MENTORS7. NEIGHBORHOOD CLEAN-UP AND BEAUTIFICATION8. CLASS FACILITATORS / TEACHERS9. MEALS / HOSPITALITY