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Nonprofit · EIN 47-1881370

CORNERSTONE OF HOPE INC

Tax-exempt · PADUCAH, KY 42003

Financials

$2.3M$2.2M2023$2.5M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of CORNERSTONE OF HOPE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,492,522$2,412,525$79,997$1,278,495$296,955$981,540
June 30, 2024990$2,273,548$2,155,945$117,603$1,199,024$297,481$901,543
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$491
Program service revenue
$2,454,226
Investment income
$23,805
Net rental income
$14,000
Other revenue
$14,000

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$82,078
Other salaries and wages
$1,830,697
Salaries, compensation and benefits (total)
$2,275,922
Professional fundraising fees
$0
Legal fees
$4,400
Accounting fees
$19,885
Occupancy
$19,044
Travel
$768
Depreciation
$8,452
Program services (functional)
$2,298,801
Management and general (functional)
$113,724

Balance sheet and other

Total assets, start of year
$1,199,024
Total assets, end of year
$1,278,495
Total liabilities, end of year
$296,955
Net assets, end of year
$981,540
Land, buildings and equipment
$340,000
Gross receipts
$2,492,522
Employees
76
Volunteers
0
Year formed
2014
State of legal domicile
KY

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
LILIA RIVERAEXECUTIVE DIRECTOR
Trustee or director, Officer
40$82,078
AUDREY BACHUSSCHAIRMAN
Trustee or director, Officer
1$0
TOSHA BONDSTREASURER
Trustee or director, Officer
1$0
ANGELA YEISLEYSECRETARY
Trustee or director, Officer
1$0
SONIA OSMANDIRECTOR
Trustee or director, Officer
1$0
WENDY BAXTERDIRECTOR
Trustee or director, Officer
1$0
DAVID MORSEDIRECTOR
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
LILIA RIVERAEXECUTIVE DIRECTOR
Trustee or director, Officer
40$77,081
JARED HOLTDIRECTOR
Trustee or director, Officer
1$0
AUDREY BACHUSSCHAIRMAN
Trustee or director, Officer
1$0
KC PASCHALDIRECTOR
Trustee or director, Officer
1$0
ANGELA YEISLEYDIRECTOR
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
433 ADAMS ST, PADUCAH, KY 42003-1538
Mailing address (990-N for 2014)
3240 Lone Oak Road Box 158, Paducah KY 42003
Principal officer (990 for 2024)
LILIA RIVERA, PO BOX 8265, PADUCAH, KY 42002
Principal officer (990-N for 2014)
David Riley, 615 Krebs Station Road, Paducah KY 42003
Signed the 990
LILIA RIVERA, EXECUTIVE DIRECTOR
Phone
(270) 933-1292
Return prepared by
CLAYTON BYRD & MEEKS LLP

Mission

TO PROVIDE ADMINISTRATIVE, FUNDRAISING & STAFFING SERVICES TO NON-PROFIT CORPORATIONS

990 for the year ended June 30, 2025

Program accomplishments

  • STAFFING SERVICES FOR NON-PROFIT CORPORATIONS
    Expenses $2,298,801 · revenue $2,454,226

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
47-1881370
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P12)
Assets (IRS master file)
$1,278,495
Income (IRS master file)
$2,492,522

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,492,522$2,412,525$1,278,495XML
990June 2024$2,273,548$2,155,945$1,199,024XML
990June 2023$2,159,541$2,030,107$852,376IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990-N for 2014
Officer: David Riley
June 30, 2015≤ $50,000 receipts––e-Postcard

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 47-1881370).

Questions about CORNERSTONE OF HOPE INC

What is the EIN of CORNERSTONE OF HOPE INC?
The employer identification number (EIN) of CORNERSTONE OF HOPE INC is 47-1881370.
Is CORNERSTONE OF HOPE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to CORNERSTONE OF HOPE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CORNERSTONE OF HOPE 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 OF HOPE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CORNERSTONE OF HOPE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CORNERSTONE OF HOPE INC?
The 990 for the year ended June 30, 2025 names LILIA RIVERA.
Who are the officers and directors of CORNERSTONE OF HOPE INC?
The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $82,078 (LILIA RIVERA, EXECUTIVE DIRECTOR).
How much revenue does CORNERSTONE OF HOPE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,492,522, expenses of $2,412,525 and total assets of $1,278,495 at year end.

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