2025-10-16T00:12:50Z 2024-12-31 990 2024-01-01 752623357 CORNERSTONE COMMUNITY DEVELOPMENT CORPORATION INC CORN 2144265468 1819 MARTIN LUTHER KING JR BLVD DALLAS TX 75215 Chris L Simmons President 2144265468 2025-10-15 2024 2025-03-06 01:10:19Z X Chris L Simmons 1819 MARTIN LUTHER KING JR BLVD 1819 Martin Luther King Jr Blvd DALLAS TX 75215 1500000 false X www.cornerstonedallas.org X 1996 TX CCDC offers a wide range of services and development programs. Major ones include: Social Services: A community kitchen serving ~13,000 meals/month to people experiencing homelessness. A clothing closet & shower facility (showers, clean clothes) for homeless and indigent people. A laundromat service including both a permanent facility and a mobile unit. Community Development / Housing: Real estate acquisition, stabilization, and redevelopment: owning properties, targeting vacant lots, developing affordable and mixed-use housing, etc. ccdcdallas.org Education & Youth Enrichment: After-school programs to help children who are disadvantaged academically. Summer programs (Summer Plus), enrichment, tutoring, camps. 11 0 0 2500 0 0 732000 1500000 0 0 0 0 0 0 732000 1500000 0 0 0 0 97354 75851 0 0 0 624000 1424149 721354 1500000 10646 0 4447981 4756730 4447981 4756730 0 0 To improve the quality of life for residents in the South Dallas / Fair Park community by providing programs and services that help people break out of the cycle of poverty and empower them to become contributing members of their neighborhood. false false 750000 0 0 Community Development/Housing Real estate acquisition, stabilization, and redevelopment: owning properties, targeting vacant lots, developing affordable and mixed-use housing, etc. 450000 0 0 Social Services: A community kitchen serving ~13,000 meals/month to people experiencing homelessness. A clothing closet & shower facility (showers, clean clothes) for homeless and indigent people. A laundromat service including both a permanent facility and a mobile unit. 175000 0 0 Education & Youth Enrichment: After-school programs to help children who are disadvantaged academically. ccdcdallas.org Summer programs (Summer Plus), enrichment, tutoring, camps 1375000 true true false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true X 0 0 false 0 false false false false false false false false false false false false false false false false 0 0 0 0 false 0 false 0 0 false false false false false X 11 0 false false false false false false false true true false false true true true true true true true true false false TX X Kelin Porter 2144265468 1819 MARTIN LUTHER KING JR BLVD DALLAS TX 75215 Chris L Simmons President 15.00 40.00 X 0 0 0 Charles Jones Vice Presdient 10.00 40.00 X 0 0 0 Sheila Henry Director 5.00 40.00 X 0 0 0 William Hood Treasurer 15.00 40.00 X 0 0 0 Charlotte Runnels Secretary 10.00 40.00 X 0 0 0 Gerald Davis Key Employee 15.00 X 28012 0 0 Christina Hood Director 10.00 40.00 X 0 0 0 Kelin Porter Housing Coordinator 40.00 40.00 X 0 0 0 Lonnie Mitchell Director 5.00 40.00 X 40839 0 0 Barbara Biddle Admin 15.00 40.00 X 7000 0 0 75851 0 0 0 false false false 0 0 0 0 0 0 1500000 0 1500000 None 0 1500000 0 0 0 0 0 0 0 0 0 0 0 58266 58266 0 0 0 0 0 0 0 0 17585 17585 0 0 0 0 0 0 0 0 0 0 0 0 5000 5000 15000 15000 12500 12500 0 0 0 0 0 0 0 0 8800 8800 0 0 0 0 0 0 75000 75000 Community Development/Housing 650000 650000 Social Services 482849 482849 After School/Summer 175000 175000 1500000 1500000 0 0 77981 81000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4675730 4370000 4675730 0 0 0 0 0 0 0 0 0 0 4447981 4756730 4447981 4756730 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4447981 4756730 77981 69500 0 0 X 0 0 0 0 0 4447981 4756730 0 X false false false false false X 0 534981 683360 525000 732000 1500000 3975341 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 534981 683360 525000 732000 1500000 3975341 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3975341 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 534981 683360 525000 732000 1500000 3975341 1.00000 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1155710 1155710 3520020 3520020 4675730 Part V, Line 14b N/A Part V, Line 3b N/A Part VI, Line 11b Prior to filing, the Form 990 is prepared with the organizations Executive Director and Finance Committee. A draft copy of the return is provided to the Board of Directors for their review and comment. Board members are given the opportunity to ask questions and request clarifications regarding the contents of the return. After review and approval by the Board, the Form 990 is finalized and submitted to the Internal Revenue Service. A copy of the final return is maintained in the organizations records and made available to the public upon request. Part VI, Line 12c Cornerstone Community Development Corporation, Inc. (CCDC) ensures regular and consistent compliance with its Conflict of Interest Policy through several ongoing practices. Each board member and key staff person is required to complete and sign an annual Conflict of Interest Disclosure Form, affirming their understanding of and adherence to the policy. At the beginning of each fiscal year and prior to any major board decision or contract approval, the Board reviews these disclosures to identify potential conflicts. Any potential or actual conflicts are reviewed by the Executive Committee, which determines appropriate actions in accordance with the policy. In addition, the policy is reviewed periodically to ensure it remains current with best nonprofit governance practices. Meeting minutes document all conflict-of-interest disclosures and any actions taken to address them. By maintaining these regular reviews, documentation, and oversight, CCDC demonstrates accountability and enforces consistent compliance with its Conflict of Interest Policy. Part VI, Line 15a Yes. The process for determining compensation for the Executive Director and other key officers of Cornerstone Community Development Corporation, Inc. includes review and approval by independent members of the Board of Directors who have no conflict of interest with respect to the compensation arrangement. The Board or its designated Compensation Committee uses comparability data from similar nonprofit organizations in the Dallas area to ensure that compensation is fair and reasonable. This information may include published salary surveys, nonprofit compensation studies, or data obtained from peer organizations. All deliberations and decisions regarding compensation are documented contemporaneously in the meeting minutes, noting the members present, the data reviewed, and the final determination. This process ensures transparency, accountability, and compliance with IRS guidelines for setting reasonable compensation. Part VI, Line 15b Yes. The compensation of other officers and key employees is reviewed and approved by independent members of the Board of Directors or its Executive Committee. The process includes consideration of comparability data from similar nonprofit organizations to ensure compensation is reasonable and aligned with market standards. All discussions and decisions are documented contemporaneously in the official meeting minutes, reflecting the information reviewed and the actions taken. This procedure ensures fairness, transparency, and compliance with applicable IRS requirements. Part VI, Line 19 Cornerstone Community Development Corporation, Inc. (CCDC) makes its governing documents, Conflict of Interest Policy, and financial statements available to the public upon request. Copies may be obtained by contacting the organizations administrative office at Cornerstone Baptist Church, 1819 Martin Luther King Jr. Blvd., Dallas, TX 75215, or by email or written request. Additionally, CCDCs Form 990 and other key financial information are available to the public through the IRS and reputable nonprofit information websites such as GuideStar (Candid). This ensures transparency and accessibility to donors, partners, and members of the community. Cornerstone Community Development Corporation, Inc. requested an extension to complete and file its Form 990 for the 2024 tax year in order to ensure the accuracy and completeness of all financial information. The organization experienced delays in receiving final financial statements, year-end reports from key program and partners. Additionally, the finance team has been focused on managing several major community projects and grant-funded initiatives, which required additional time to reconcile and document expenditures properly. The extension allows Cornerstone CDC to provide a thorough and accurate filing that fully reflects the organizations financial activities and maintains compliance with IRS reporting standards.