Nonprofit · EIN 82-5335397
CORNERSTONE FH CHARITABLE FOUNDATION
Tax-exempt · CORNWALL, NY 12518
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,431,460 | $981,826 | $449,634 | $17,702,758 | $1,900 | $17,700,858 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $255,867
- Program service revenue
- $0
- Investment income
- $1,207,282
- Net gain from sales of assets
- $944,882
- Net income from fundraising events
- -$31,689
- Other revenue
- -$31,689
Expenses
- Grants and similar amounts paid
- $798,425
- Other salaries and wages
- $90,400
- Salaries, compensation and benefits (total)
- $109,384
- Professional fundraising fees
- $0
- Legal fees
- $28
- Accounting fees
- $17,625
- Program services (functional)
- $930,670
- Management and general (functional)
- $51,156
Balance sheet and other
- Total assets, start of year
- $16,569,234
- Total assets, end of year
- $17,702,758
- Total liabilities, end of year
- $1,900
- Net assets, end of year
- $17,700,858
- Publicly traded securities
- $15,656,915
- Net assets without donor restrictions
- $17,700,858
- Gross receipts
- $7,336,781
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2018
- State of legal domicile
- NY
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID JOLLY | CHAIR/PRESIDENT & CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 1 | $0 | $408,101 | $114,222 |
| AMY BOLOGNESE | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $209,220 | $40,110 |
| SAQIB ALTAF | DIRECTOR Trustee or director | 1 | $0 | $182,932 | $53,401 |
| MICHAEL LIMPEROPULOS | SECRETARY Trustee or director, Officer | 1 | $0 | $159,126 | $21,950 |
| LAUREN NARU | DIRECTOR Trustee or director | 17.5 | $0 | $114,836 | $14,065 |
| AMY ANSEHL DNP FNP-BC | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ARETHA L THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BILL FIORAVANTI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHERYL ROSS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DOMINIC CORDISCO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LISA SOMMERS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAUL ERNENWEIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REV NELSON MCALLISTER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WAYNE DAY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2570 ROUTE 9W 10, CORNWALL, NY 12518-0000
- In care of
- % PATRICK MURPHY
- Mailing address (990-N for 2020)
- 2570 ROUTE 9W SUITE 10, CORNWALL NY 12518
- Principal officer (990 for 2024)
- DAVID JOLLY, 2570 ROUTE 9W 10, CORNWALL, NY 12518
- Principal officer (990-N for 2020)
- LINDA S MULLER, 2570 ROUTE 9W SUITE 10, CORNWALL NY 12518
- Signed the 990
- DAVID JOLLY, PRESIDENT & CHIEF EXECUTIVE OFFICER
- Phone
- (845) 220-3100
- Return prepared by
- BONADIO & CO LLP
Mission
TO SUPPORT OF CORNERSTONE FAMILY HEALTHCARE'S MISSION AS A FREESTANDING DIAGNOSTIC AND TREATMENT CENTER LICENSED UNDER ARTICLE 28 OF THE NEW YORK STATE PUBLIC HEALTH LAW WHICH PROVIDES A BROAD RANGE OF HEALTH SERVICES TO A LARGELY UNDERSERVED POPULATION.
Program accomplishments
- TO SUPPORT CORNERSTONE FAMILY HEALTHCARE'S MISSION TO PROVIDE A WIDE RANGE OF HEALTH SERVICES TO A LARGELY MEDICALLY UNDERSERVED POPULATION.Expenses $930,670 · grants $798,425
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
- 82-5335397
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P12)
- Assets (IRS master file)
- $17,702,758
- Income (IRS master file)
- $7,336,781
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $676,924 | $113,709 | $16,669,234 | IRS |
| 990 | December 2022 | $314,465 | $93,988 | $14,211,422 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: LINDA S MULLER | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about CORNERSTONE FH CHARITABLE FOUNDATION
- What is the EIN of CORNERSTONE FH CHARITABLE FOUNDATION?
- The employer identification number (EIN) of CORNERSTONE FH CHARITABLE FOUNDATION is 82-5335397.
- Is CORNERSTONE FH CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to CORNERSTONE FH CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORNERSTONE FH CHARITABLE FOUNDATION 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 FH CHARITABLE FOUNDATION 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 FH CHARITABLE FOUNDATION 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 FH CHARITABLE FOUNDATION?
- The 990 for the year ended December 31, 2024 names DAVID JOLLY.
- Who are the officers and directors of CORNERSTONE FH CHARITABLE FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does CORNERSTONE FH CHARITABLE FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,431,460, expenses of $981,826 and total assets of $17,702,758 at year end.
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