Nonprofit · EIN 20-0058463
CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC
Also known as SAVAGE MINISTRIES
Tax-exempt · KERRVILLE, TX 78028
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $202,695 | $202,761 | -$66 | $89 | $0 | $89 |
| December 31, 2023 | 990 | $101,798 | $101,865 | -$67 | $155 | $0 | $155 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $202,695
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $12,000
- Salaries, compensation and benefits (total)
- $12,000
- Professional fundraising fees
- $0
- Occupancy
- $6,105
- Program services (functional)
- $202,606
- Management and general (functional)
- $155
Balance sheet and other
- Total assets, start of year
- $155
- Total assets, end of year
- $89
- Total liabilities, end of year
- $0
- Net assets, end of year
- $89
- Net assets without donor restrictions
- $89
- Gross receipts
- $202,695
- Employees
- 0
- Volunteers
- 200
- Year formed
- 2003
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Joel Savage | Vice President Officer | 10 | $0 | $12,000 |
| Greg Wolter | Trustee Trustee or director | 1 | $0 | $0 |
| Gail Savage | Trustee Trustee or director | 1 | $0 | $0 |
| Maria Garcia Ramos | Secretary Treasurer Officer | 10 | $0 | $0 |
| David McLendon | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOEL SAVAGE | VICE PRESIDENT Officer | 10 | $0 | $12,000 |
| GREG WOLTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GAIL SAVAGE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KENNETH SAVAGE | PRESIDENT Officer | 2 | $0 | $0 |
| MARIA GARCIA RAMOS | SECRATARY/TREASURER Officer | 10 | $0 | $0 |
| DAVID MCLENDON | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 103 MOUNT HAVEN DR, KERRVILLE, TX 78028-8132
- In care of
- % RAY MCMULLEN
- Principal officer (990 for 2024)
- Kenneth Savage, 103 MOUNT HAVEN DR, KERRVILLE, TX 78028
- Signed the 990
- Joel Savage, Secretary
- Phone
- (830) 377-8144
- Website
- www.savageministries.com
Mission
Our goal is to instill and develop moral character in the lives of those we have charge over. We are attempting to model intimacy with Father God not some dead religion.
Program accomplishments
- To organize conferences crusades seminars youth events childrens outreaches and church meetings in Peru and globally. Our aim is to inspire believers and non-believers alike through biblical teachings and prophecy to fulfill their potential in Christ. We strive to foster collaboration among pastors to advance Gods kingdom. In Peru a generation of youth seeks the transformative love of Jesus. Urgently we address the imperative to guide young people away from the streets into nurturing Christian settings.Expenses $202,606 · grants $55,000 · revenue $202,695
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0058463
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P33)
- Assets (IRS master file)
- $89
- Income (IRS master file)
- $202,695
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $202,695 | $202,761 | $89 | XML |
| 990 | December 2023 | $101,798 | $101,865 | $155 | XML |
| 990 | December 2022 | $109,781 | $110,059 | $222 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0058463).
Questions about CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC
- What is the EIN of CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC?
- The employer identification number (EIN) of CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC is 20-0058463.
- Is CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC?
- The 990 for the year ended December 31, 2024 names Kenneth Savage.
- Who are the officers and directors of CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $202,695, expenses of $202,761 and total assets of $89 at year end.
Other nonprofits in KERRVILLE
- PATHWAYS YOUTH & FAMILY SERVICES INC EIN 74-2631080 · last filed 990 for 2025
- DIVINITY FAMILY SERVICES INC EIN 27-0451535 · last filed 990 for 2025
- K STAR INC EIN 74-2659161 · last filed 990 for 2025
- HILL COUNTRY COUNCIL ON ALCOHOL & DRUG ABUSE INC EIN 74-2607737 · last filed 990 for 2025
- LIGHT ON THE HILL AT MOUNT WESLEY EIN 83-3263624 · last filed 990 for 2025
- A CHILDS PLACE LEARNING CENTER INC EIN 31-1772736 · last filed 990 for 2024
- KERR COUNTY AREA CHRISTIAN ASSISTANCE MINISTRY EIN 74-2468109 · last filed 990 for 2025
- DOYLE SCHOOL COMMUNITY CENTER EIN 20-0266181 · last filed 990 for 2025