2025-08-29T09:26:19-05:00 2024-12-31 520982413 GROSS MENDELSOHN & ASSOCIATES PA 1801 PORTER STREET SUITE 500 BALTIMORE MD 21230 990 2024-01-01 920283902 CORNERSTONE FRANCISCAN MINISTRIES INC CORN 4105382830 PO BOX 5257 LUTHERVILLE MD 21094 AB JAY BOGGS JR CEO 4105382830 2025-08-29 1 0 JAMES E CRISP P00025401 4106855512 2025-08-29 2024 2025-03-06 01:10:19Z AB JAY BOGGS JR PO BOX 5257 LUTHERVILLE MD 21094 2484879 0 X CFMINS.ORG X 2022 MD INVESTING IN PEOPLE AND INSPIRING COMMUNITY. 7 7 22 0 0 0 6280303 2180699 137970 265453 13063 38727 0 0 6431336 2484879 5291429 1263549 0 0 836181 1256284 0 0 0 96109 187914 6223719 2707747 207617 -222868 2316635 1997492 613355 500541 1703280 1496951 INVESTING IN PEOPLE AND INSPIRING COMMUNITY. 0 0 2115907 1263549 CORNERSTONE HAS DEVELOPED AN INNOVATIVE FINANCIAL WELLNESS APPROACH TO SUPPORT THE WORK OF ITS CORE MINISTRIES. THROUGH ITS FAMILY SERVICES MINISTRY, CORNERSTONE WORKS DIRECTLY WITH INDIVIDUALS AND FAMILIES TO BUILD KEY LIFE SKILLS, SECURE ACCESS TO AND MAINTAIN AFFORDABLE HOUSING, AND MEET THEIR GOALS TOWARD A BETTER FUTURE 422835 265453 CORNERSTONE ALSO WORKS WITH FAITH-BASED ORGANIZATIONS PROVIDING ACCOUNTING, FINANCIAL, AND ADMINISTRATIVE SERVICES TO SUPPORT THEIR MISSION AND MINISTRIES. 2538742 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 105 0 1 22 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X FINANCE OFFICE 4105382830 2216 POT SPRING ROAD TIMONIUM MD 21093 REV DR KRISTOFER LINDH-PAYNE PRESIDENT 1.00 X X 0 0 0 STEVE MORGAN VICE-PRESIDENT 1.00 X X 0 0 0 KYLIE DELGADO TREASURER 1.00 X X 0 0 0 DAN MCCARTHY SECRETARY 1.00 X X 0 0 0 DIANNA MORGAN DIRECTOR 1.00 X 0 0 0 REV MONIQUE ELLISON DIRECTOR 1.00 X 0 0 0 ABBOGGS JR DIRECTOR, EX-OFFICIO, CEO/ 40.00 X X 170402 0 7899 JUDITH M WRIGHT DIRECTOR 1.00 X 0 0 0 JOSEPH M BENTZEN FINANCE DIRECTOR 40.00 X 103381 0 935 273783 0 8834 2 0 1 0 0 2047410 133289 2180699 SERVICE FEES 541610 242453 242453 ONBOARDING FEES 541610 23000 23000 265453 38727 38727 2484879 265453 0 38727 1263549 1263549 282177 253959 28218 832699 830928 1771 12988 12988 46955 44426 2529 81465 79259 2206 413 413 40194 40194 23951 23951 12000 12000 33636 33636 14568 13111 1457 2807 2807 TRANSITION EXPENSES 34197 34197 SERVICE EXPENSES 11031 11031 OTHER EXPENSES 8337 8337 TELEPHONE 5540 5540 1240 1240 2707747 2538742 169005 0 893350 541491 334839 278865 3860 33034 866322 1063895 257027 20691 20753 2316635 1997492 16656 39176 596699 461365 613355 500541 X 1703280 1496951 1703280 1496951 2316635 1997492 -222868 16539 0 X 0 1 X 1 1 1 X 1654896 6280303 2180699 10115898 1654896 6280303 2180699 10115898 10115898 13063 38727 51790 10167688 424423 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CERTIFICATES OF DEPOSIT 250000 F MONEY MARKET FUNDS 7027 F 257027 X 2501418 16539 16539 2484879 0 2484879 2707747 0 2707747 0 2707747 PART X, LINE 2: CORNERSTONE HAS NO LIABILITY FOR UNCERTAIN TAX POSITIONS. CORNERSTONE'S FEDERAL EXEMPT ORGANIZATION TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. 1 RENTAL ASSISTANCE FUNDED THROUGH GOVERNMENT GRANTS 206 1263549 PART I, LINE 2: CORNERSTONE DETERMINES THE ELIGIBILITY OF TENANTS WHO NEED RENTAL ASSISTANCE, REQUIRE SPECIFIC DOCUMENTATION, INCLUDING SIGNED LEASES, AND INCOME VERIFICATION. RENTAL ASSISTANCE PAYMENTS ARE PAID DIRECTLY TO THE RESPECTIVE LANDLORD. X X X X X X 0 0 0 0 0 0 0 0 0 ABBOGGS JR DIRECTOR, EX-OFFICIO, CEO/ 170402 0 0 0 0 0 6800 0 1099 0 178301 0 0 0 SCHEDULE J, PART I, LINE 3 THE BOARD OF DIRECTORS IS PROVIDED AN ANALYSIS OF SIMILAR NONPROFIT COMPENSATION FOR SIMILAR POSITIONS BASED ON A MARYLAND NONPROFIT COMPENSATION SURVEY. THE BOARD OF DIRECTORS REVIEWS THIS INFORMATION, DETERMINES THE APPROPRIATE ANNUAL SALARY AND PROVIDES FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED IN DETAIL BY THE CEO/CFO AND THEN FORWARDED TO THE FULL BOARD FOR REVIEW AND APPROVAL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C AT LEAST ONCE A YEAR, MANAGEMENT REQUESTS THAT ALL MEMBERS OF THE BOARD OF DIRECTORS AND ALL EMPLOYEES VERIFY THAT THEY ARE NOT AWARE OF ANY CONFLICTS OF INTEREST. IF A CONFLICT OR POTENTAL CONFLICT IS REPORTED, THE EXECUTIVE DIRECTOR AND SEVERAL MEMBERS OF THE BOARD WILL INVESTIGATE THE POTENTIAL CONFLICT TO DETERMINE WHAT NEEDS TO BE DONE TO MITIGATE A CONFLICT. IF IT INVOLVES A BOARD MEMBER AND THE CONFLICT CANNOT BE MITIGATED, THAT BOARD MEMBER WILL NOT BE PART OF ANY DISCUSSIONS RELATED TO THE MATTER, INCLUDING ABSTAINING FROM VOTING ON SUCH MATTERS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS IS PROVIDED AN ANALYSIS OF SIMILAR NONPROFIT COMPENSATION FOR SIMILAR POSITIONS BASED ON A MARYLAND NONPROFIT COMPENSATION SURVEY. THE BOARD OF DIRECTORS REVIEWS THIS INFORMATION, DETERMINES THE APPROPRIATE ANNUAL SALARY AND PROVIDES FINAL APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND POLICIES, ALONG WITH CERTAIN FINANCIAL INFORMATION, UPON WRITTEN REQUEST.