2025-03-31T21:03:04-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2023-07-01 363289363 THE CORNERSTONE FOUNDATION INC C/O LUTHERAN SOCIAL SERVICES OF ILLINOIS CORN 8476354600 1001 E TOUHY AVENUE 50 DES PLAINES IL 60018 LISA SROGA VP OF FINANCE/CFO 8476354600 2025-03-31 1 1 TROY MARINE CPA P00187863 4147775500 2025-03-31 2023 2025-03-06 01:10:19Z MARK A STUTRUD 1001 E TOUHY AVENUE 50 DES PLAINES IL 60018 5217429 0 9386 X WWW.LSSI.ORG X 1984 IL RESPONDING TO THE GOSPEL, THE CORNERSTONE FOUNDATION IS THE ENDOWMENT ENSURING THE MINISTRIES AND FUTURE OF LUTHERAN SOCIAL SERVICES OF ILLINOIS (LSSI). THE CORNERSTONE FOUNDATION IS RESPONSIBLE FOR DEVELOPING ACTIVE SUPPORT FOR THE SOCIAL SERVICES PROVIDED BY LSSI. 21 21 0 21 0 0 1384563 2444416 0 0 492761 793433 0 0 1877324 3237849 580386 849847 0 0 0 0 0 0 47283 107571 110145 687957 959992 1189367 2277857 24541629 29632259 458961 540926 24082668 29091333 X RESPONDING TO THE GOSPEL, THE CORNERSTONE FOUNDATION IS THE ENDOWMENT ENSURING THE MINISTRIES AND FUTURE OF LUTHERAN SOCIAL SERVICES OF ILLINOIS (LSSI). THE CORNERSTONE FOUNDATION IS RESPONSIBLE FOR DEVELOPING ACTIVE SUPPORT FOR THE SOCIAL SERVICES PROVIDED BY LSSI. LSSI TOUCHES THE LIVES OF TENS OF THOUSANDS OF PEOPLE EACH YEAR, SERVING PEOPLE OF ALL AGES, RACES, RELIGIOUS, AND ECONOMIC CIRCUMSTANCES. LSSI HAS MORE THAN 190 PROGRAMS AT MORE THAN 80 SITES IN THE STATE OF ILLINOIS. THESE PROGRAMS CARE FOR SENIOR ADULTS, STRENGTHEN FAMILIES, HELP CHILDREN AND ADULTS DURING TIMES OF CRISIS, AND ASSIST THOSE WHO HAVE CHALLENGES RELATED TO DEVELOPMENTAL DISABILITIES OR ADDICTION PROBLEMS. 0 0 849847 849847 LUTHERAN SOCIAL SERVICES OF ILLINOIS PROGRAM SERVICE GRANTS. 849847 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X X LUTHERAN SOCIAL SERVICES OF IL 8476354600 1001 EAST TOUHY AVE SUITE 50 DES PLAINES IL 60018 PR MICHEL CLARK CHAIRPERSON 0.40 X X 0 0 0 CAROL A POPLAWSKI VICE CHAIRPERSON 0.40 X X 0 0 0 MARY ANN SMITH SECRETARY 0.40 X X 0 0 0 THOMAS CUNNIFF TREASURER 0.40 X X 0 0 0 MARCIA A ANDERSON TRUSTEE 0.40 X 0 0 0 SUSAN BERNARDI TRUSTEE 0.40 X 0 0 0 STEPHEN BISHOP TRUSTEE 0.40 X 0 0 0 PR GREG BUSBOOM TRUSTEE 0.40 X 0 0 0 WILLIAM BILL S FLECK TRUSTEE 0.40 X 0 0 0 CONNIE FRANKENFELD TRUSTEE 0.40 X 0 0 0 PR JOHN FREIDHEIM TRUSTEE 0.40 X 0 0 0 SUSAN GILPIN TRUSTEE 0.40 X 0 0 0 RONALD KOK-ALBLAS TRUSTEE 0.40 X 0 0 0 NANCY NAGEL TRUSTEE 0.40 X 0 0 0 ROLAND PERSON TRUSTEE 0.40 X 0 0 0 CHARLES PRICE TRUSTEE 0.40 X 0 0 0 PR ART PUOTINEN TRUSTEE 0.40 X 0 0 0 JON A THEEKE JR TRUSTEE 0.40 X 0 0 0 MARK TOMAW TRUSTEE 0.40 X 0 0 0 BONALYNN WALLACH TRUSTEE 0.40 X 0 0 0 MARK A STUTRUD CEO 1.00 39.00 X 0 774576 56205 DAVID NOVAK VP OF ADVANCEMENT 1.00 39.00 X 0 198284 27148 LISA SROGA VP FINANCE/CFO 1.00 39.00 X 0 214933 7001 DAVID K WILDS DIR OF TREASURY SERVICES 1.00 39.00 X 0 0 0 0 1187793 90354 0 0 1 0 0 2444416 2444416 801852 801852 1971161 1979580 -8419 -8419 -8419 3237849 0 0 793433 849847 849847 24239 24239 14185 14185 6090 6090 42587 42587 245 245 199 199 16985 16985 1558 1558 4057 4057 959992 849847 62862 47283 203042 174339 22995752 29058589 1342835 399331 24541629 29632259 458961 540926 458961 540926 X 14856482 17095627 9226186 11995706 24082668 29091333 24541629 29632259 X 2277857 2789210 -58402 X X 0 1 X 1 0 X X 1 LUTHERAN SOCIAL SERVICES OF ILLINOIS 362584799 7 1 849847 0 1 849847 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7374238 2227298 414256 10015792 5472164 1607840 294234 7374238 4226215 1565000 -306106 12945 5472164 3912078 81180 232957 4226215 19196562 384372 280272 15949128 3912078 0.83000 0.17000 0 0 0 LIABILITY FOR SPLIT INTEREST GIFT ARRANGEMENTS 540926 540926 X 6039201 2789210 113131 -58402 2843939 3195262 42587 42587 3237849 1030536 113131 113131 917405 42587 42587 959992 PART V, LINE 4: THE CORNERSTONE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 40 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. PART X, LINE 2: THE FOUNDATION HAS RECEIVED NOTIFICATION THAT IT QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF STATE LAW AND, ACCORDINGLY, ARE NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. TO ACCOUNT FOR ANY UNCERTAIN TAX POSITIONS, THE FOUNDATION DETERMINES WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FOUNDATION HAS CONCLUDED THERE ARE NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE-SPLIT INTEREST GIFT ARRANGEMENTS -58,402. 1 LUTHERAN SOCIAL SERVICES OF ILLINOIS 1001 EAST TOUHY AVE SUITE 50 DES PLAINES IL 60018 362584799 501(C)(3) 849847 0 SUPPORT OF SOCIAL SERVICES 1 0 PART I, LINE 2: THE CORNERSTONE FOUNDATION IS THE ENDOWMENT ENSURING THE MINISTRIES AND FUTURE OF LUTHERAN SOCIAL SERVICES OF ILLINOIS (LSSI). THE CORNERSTONE FOUNDATION BOARD IS RESPONSIBLE FOR DEVELOPING ACTIVE SUPPORT FOR THE SOCIAL SERVICES PROVIDED BY LSSI. THE FOUNDATION BOARD APPROVES THE DOLLAR AMOUNT OF DISTRIBUTIONS TO BE MADE FROM ENDOWMENT FUNDS IN SUPPORT OF LSSI'S PROGRAMS. REPORTS ARE PROVIDED TO THE FOUNDATION BOARD AND ARE REVIEWED AT ITS MEETINGS AS TO THE DOLLAR AMOUNTS DISTRIBUTED FROM EACH OF THE ENDOWMENT FUNDS AND WHAT PROGRAMS WERE THE RECIPIENTS OF THESE FUNDS. 0 1 0 0 0 0 0 0 0 MARK A STUTRUD CEO 0 310385 0 60000 0 404191 0 44979 0 11226 0 830781 0 400000 DAVID NOVAK VP OF ADVANCEMENT 0 180718 0 15000 0 2566 0 0 0 27148 0 225432 0 0 LISA SROGA VP FINANCE/CFO 0 194007 0 20000 0 926 0 0 0 7001 0 221934 0 0 PART I, LINE 3 ALL OFFICERS ARE EMPLOYEES OF LUTHERAN SOCIAL SERVICES OF ILLINOIS (LSSI), A RELATED ORGANIZATION. LSSI USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE CEO: COMPENSATION COMMITTEE; WRITTEN EMPLOYMENT CONTRACT; AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 4B MARK STUTRUD, CEO OF LSSI, IS ENTITLED TO BENEFITS UNDER A 457F PLAN MAINTAINED BY LSSI. DURING FY24, THE AMOUNT ACCRUED WAS $44,979 AND MARK RECEIVED A PAYOUT OF $400,000. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCIAL STATEMENTS ON WHICH THIS FORM 990 IS BASED WERE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AT ITS DECEMBER 2022 MEETING. A DRAFT OF THE FORM 990 WAS PROVIDED TO ALL TRUSTEES PRIOR TO BEING FILED. ANY CHANGES OR COMMENTS RESULTING FROM THEIR REVIEW ARE THEN REFLECTED IN THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE CORNERSTONE BOARD ARE REQUIRED TO DISCLOSE POSSIBLE CONFLICTS OF INTEREST ANNUALLY BY SIGNING THE CONFLICT OF INTEREST POLICY. ADDITIONALLY, THE ORGANIZATION USES A GROUP PURCHASING ORGANIZATION THAT MONITORS POSSIBLE CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE-SPLIT INTEREST GIFT ARRANGEMENTS -58,402. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OF THE CORNERSTONE FOUNDATION IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION AND RECOMMNEDATION OF THE INDEPENDENT ACCOUNTANT TO THE BOARD FOR ITS APPROVAL ON BEHALF OF THE ORGANIZATION. LUTHERAN SOCIAL SERVICES OF ILLINOIS 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 362584799 SOCIAL SERVICES IL 501(C)(3) LINE 7 N/A 0 MATINS INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 364376713 SOCIAL SERVICES IL 501(C)(3) LINE 12A, I LUTHERAN SOCIAL SERVICES OF IL 0 FORSBERG CHRISTIAN RETIREMENT CENTER INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 363396547 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 ASSISI HOMES - DOWNER PLACE INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 364083919 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 AURORA SENIOR HOUSING INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 364274216 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 BATAVIA COUNCIL ON AGING INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 363084946 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 DEKALB HOUSING FOR THE HANDICAPPED INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 363077011 HOUSING FOR THE HANDICAPPED IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 FREEPORT SENIOR HOUSING INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 363774949 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 FREEPORT SENIOR HOUSING II INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 364401036 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 NORTHWEST CHICAGO GROUP HOMES INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 363693249 HOUSING FOR THE MENTALLY ILL IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 OUR SAVIOR'S SENIOR HOUSING INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 363868008 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 ROCHELLE SENIOR HOUSING INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 363936045 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 SALEM VILLAGE III INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 363736904 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 SPRING RIDGE HOUSING FOR SENIORS INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 050536005 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 TABOR LUTHERAN SENIOR HOUSING INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 363868007 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 VICTORIAN WOODS SENIOR LIVING INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 050536002 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 VESPER MANAGEMENT CORPORATION 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 363396543 SOCIAL SERVICES IL 501(C)(3) LINE 12A, I LUTHERAN SOCIAL SERVICES OF IL 0 ROLLING MEADOWS SENIOR LIVING INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 061825461 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 DEER CREEK MANOR INC (NFP) 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 205849983 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 LUTHER CENTER INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 262564449 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 FOX HILL SENIOR HOUSING INC 1001 E TOUHY AVENUE SUITE 50 DES PLAINES IL 60018 273372031 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 LSSI ROCKFORD PROPERTY INC 1001 E TOUHY AVE SUITE 50 DES PLAINES IL 60018 362903955 HOUSING IL N/A C 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 LUTHERAN SOCIAL SERVICES OF ILLINOIS (GRANTS & TRANSFERS TO LSSI) B 849847 FMV LUTHERAN SOCIAL SERVICES OF ILLINOIS (REIMBURSEMENT OF EXPS PAID TO LSSI) P 223277 FMV