2025-05-14T10:28:33-05:00 2024-06-30 540737372 PBMARES LLP 12150 MONUMENT DRIVE SUITE 350 FAIRFAX VA 22033 990 2023-07-01 541037615 CORNERSTONES INC CORN 5713239555 11150 SUNSET HILLS RD STE 210 RESTON VA 20190 KERRIE B WILSON CEO 5713239555 2025-05-14 1 0 EDWARD T YODER CPA P00239134 7033858577 2025-05-14 X 2023 2025-03-06 01:10:19Z KERRIE B WILSON 11150 SUNSET HILLS RD STE 210 RESTON VA 20190 14429691 0 X WWW.CORNERSTONESVA.ORG X 1970 VA TOGETHER WITH OUR COMMUNITY, CORNERSTONES PROMOTES STABILITY, EMPOWERMENT, AND HOPE THROUGH SUPPORT, ADVOCACY, AND COMMUNITY-BUILDING FOR INDIVIDUALS AND FAMILIES IN NEED. FOR OVER FIVE DECADES, CORNERSTONES HAS ADDRESSED CHALLENGES THAT THREATEN THE WELL-BEING AND PROSPERITY OF FAMILIES AND OUR REGION. CORNERSTONES OFFERS INNOVATIVE AND IMPACTFUL PROGRAMS THAT TOUCHED THE LIVES OF NEARLY 26,000 INDIVIDUALS AND FAMILIES IN FISCAL YEAR 2024, AND CONVENED PARTNERS TO ADVANCE OPPORTUNITIES FOR STABLE HOUSING, FOOD SECURITY AND RESOURCES THAT PROVIDE OPPORTUNITIES FOR EVERY FAMILY. 26 26 189 2289 0 0 13413918 12560791 1753101 1722122 59191 61442 79498 50376 15305708 14394731 0 0 0 0 7955801 8195860 0 0 1053350 8071686 7605697 16027487 15801557 -721779 -1406826 8981577 6685380 4080542 3144088 4901035 3541292 X TOGETHER WITH OUR COMMUNITY, CORNERSTONES PROMOTES STABILITY, EMPOWERMENT, AND HOPE THROUGH SUPPORT, ADVOCACY, AND COMMUNITY-BUILDING FOR INDIVIDUALS AND FAMILIES IN NEED. FOR OVER FIVE DECADES, CORNERSTONES HAS ADDRESSED CHALLENGES THAT THREATEN THE WELL-BEING AND PROSPERITY OF FAMILIES AND OUR REGION. CORNERSTONES OFFERS INNOVATIVE AND IMPACTFUL PROGRAMS THAT TOUCHED THE LIVES OF NEARLY 26,000 INDIVIDUALS AND FAMILIES IN FISCAL YEAR 2024, AND CONVENED PARTNERS TO ADVANCE OPPORTUNITIES FOR STABLE HOUSING, FOOD SECURITY AND RESOURCES THAT PROVIDE OPPORTUNITIES FOR EVERY FAMILY. 0 0 5413831 411420 FOR NEARLY 55 YEARS CORNERSTONES HAS PROVIDED SAFETY-NET AND COMPREHENSIVE HOUSING AND HUMAN SERVICES SUPPORTS TO HELP INDIVIDUALS AND FAMILIES GAIN STABILITY AND BUILD RESILIENCY AND OPPORTUNITY. CORNERSTONES' CORE PROGRAMS AND IMPACT ARE AS FOLLOWS: HOUSING SERVICES, INCLUDING THE EMBRY RUCKER COMMUNITY SHELTER (ERCS), SEASONAL AND OVERFLOW SHELTER AND HOMELESS SERVICES/RAPID RE-HOUSING PROGRAMS, AFFORDABLE RENTAL HOUSING, AND FORECLOSURE PREVENTION COUNSELING. OVER 1,100 UNIQUE INDIVIDUALS AND HOUSEHOLDS WERE SERVED THROUGH OUR HOMELESS SERVICE PROGRAMS. ERCS CASE MANAGERS HELPED 52 SINGLE GUESTS MOVE INTO PERMANENT HOUSING. ADDITIONALLY, 196 HOUSEHOLDS LIVING IN CORNERSTONES' AFFORDABLE RENTAL HOMES WORKED WITH CASE MANAGERS TO ACHIEVE GOALS THAT SUPPORT STABLE HOUSING. 3667000 45167 FOOD, FINANCIAL, AND URGENT ASSISTANCE, INCLUDING OUR FREE FROM HUNGER FOOD RESCUE CENTER (FOOD HUB), A FOOD PANTRY, EMERGENCY FINANCIAL ASSISTANCE AND EVICTION PREVENTION. IN ITS FIRST FULL YEAR OF OPERATION THROUGH FY24, THE FOOD HUB RESCUED OR SOURCED MORE THAN 508,000 LBS. OF FOOD AND DISTRIBUTED NEARLY 416,000 LBS. OF FOOD, THE EQUIVALENT OF 346,674 MEALS, THROUGH OUR PANTRY PROVIDERS. 1765273 1146830 AFFORDABLE CHILDCARE AND YOUTH SERVICES, INCLUDING LAUREL LEARNING CENTER, BEFORE AND AFTER SCHOOL-CARE AND YOUTH ENRICHMENT PROGRAMS. LAUREL OFFERS AGE-APPROPRIATE DEVELOPMENTAL SCREENING, SCHOOL READINESS, PRE- AND AFTERSCHOOL ACADEMIC ENRICHMENT, AND FULL-DAY SUMMER RECREATIONAL AND CULTURAL PROGRAMS FOR NEARLY 100 STUDENTS. CORNERSTONES OFFERS OUT-OF-SCHOOL TIME PROGRAMS FOR AT-RISK SCHOOL-AGE YOUTH, PROVIDING THEM WITH TUTORING TO HELP IMPROVE MATH AND READING FLUENCY, CAREER EDUCATION, SERVICE-LEARNING, AND ENRICHMENT ACTIVITIES. 2056103 194557 COMMUNITY AND FAMILY STRENGTHENING, INCLUDING OUR OPPORTUNITY NEIGHBORHOOD (ON) INITIATIVES IN RESTON AND HERNDON, COMMUNITY CONNECTED SITES, AND NEIGHBORHOOD RESOURCE CENTERS TACKLE INEQUALITIES FACED BY CHILDREN AND YOUTH IN DISADVANTAGED AREAS. ON INITIATIVES INVOLVE COLLABORATION WITH COMMUNITY LEADERS, NONPROFITS, AND VOLUNTEERS TO IMPROVE CONNECTIONS BETWEEN SCHOOLS, NEIGHBORHOODS, AND COMMUNITY SERVICES. 2056103 194557 12902207 1 0 0 1 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 86 0 1 189 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X X X KERRIE WILSON 5713239555 11150 SUNSET HILLS RD STE 210 RESTON VA 20190 MS ROBERTA GOSLING CHAIR 1.00 X X 0 0 0 MS TRACEY WHITE VICE CHAIR 1.00 X X 0 0 0 MR JOSEPH BELLMAN SECRETARY 1.00 X X 0 0 0 MR JOE KOSZAREK TREASURER 1.00 X X 0 0 0 MR LAWRENCE SCHWARTZ CPA MBA CVA IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 MR HUGO A AGUAS MPA DIRECTOR 1.00 X 0 0 0 MS DEBRA ALLEN DIRECTOR 1.00 X 0 0 0 MS KAREN COURTNEY DIRECTOR 1.00 X 0 0 0 MR STEVE ALLOY DIRECTOR 1.00 X 0 0 0 MR BRIAN FUNAKI DIRECTOR 1.00 X 0 0 0 MR DANNY GARDNER DIRECTOR 1.00 X 0 0 0 MS CAROLYN HAMM DIRECTOR 1.00 X 0 0 0 MS AMY JOYCE DIRECTOR 1.00 X 0 0 0 MR CRAIG B KENDALL CPA DIRECTOR 1.00 X 0 0 0 MR ANDREW LACHER DIRECTOR 1.00 X 0 0 0 MR KEN PLUM DIRECTOR 1.00 X 0 0 0 MS MONIQUE SHARPE DIRECTOR 1.00 X 0 0 0 MS SARA LEONARD DIRECTOR 1.00 X 0 0 0 MR WILL METTS DIRECTOR 1.00 X 0 0 0 REV DR DANIEL PARK DIRECTOR 1.00 X 0 0 0 MR JOHN PERSIL CPA CFE DIRECTOR 1.00 X 0 0 0 MS JUDITH POLIZZOTTI DIRECTOR 1.00 X 0 0 0 MS GILLIAN SESCOE DIRECTOR 1.00 X 0 0 0 REV STEPHEN SMITH-COBBS DIRECTOR 1.00 X 0 0 0 MR ROY STEVENS DIRECTOR 1.00 X 0 0 0 MR ROBERT VAN HOECKE DIRECTOR 1.00 X 0 0 0 MS KERRIE B WILSON CHIEF EXECUTIVE OFFICER 30.00 20.00 X 187629 0 8399 MS HOLLY MICOZZI CHIEF FINANCIAL & OPERATING OFFICER 40.00 X 129510 0 1139 MS JULIE LYNN HIELEN EVP, HUMAN RESOURCES 40.00 X 102151 0 11788 MR THEODORE LEWIS EVP, BUSINESS & COMMUNITY IMPACT 40.00 X 116967 0 1251 MS MAURA WILLIAMS EVP, HOUSING & COMMUNITY PROGRAMS 40.00 X 107455 0 14787 MS MEREDITH HOVAN VP, RESOURCE DEVELOPMENT 40.00 X 120989 0 7657 MS MARGARET ANNE LARA MANAGING DIRECTOR, STRATEGIC PROJECTS 40.00 X 105264 0 11897 869965 0 56918 9 0 1 0 ORR GROUP INC 3000 K ST NW STE 280 WASHINGTON DC 20007 INDIVIDUAL/MAJOR GIFT 532968 1 61650 8286048 4213093 1987733 12560791 TUITION - DAY CARE CENTER 624100 1146830 1146830 MANAGMENT FEE 541610 411420 411420 SUBCONTRACTOR 541610 163872 163872 1722122 62327 62327 874 1759 -885 -885 -885 7725 61650 33201 -25476 -25476 MISCELLANEOUS 900099 75852 75852 75852 14394731 1797974 0 35966 346434 281939 56758 7737 6541977 5324034 1071495 146448 147438 120029 24392 3017 631247 513899 104433 12915 528764 429897 86941 11926 1090801 129616 255066 706119 39028 12510 26518 124118 103809 19100 1209 379897 240321 81935 57641 590263 581380 2125 6758 31027 22619 7299 1109 35365 23394 11896 75 29932 5643 4453 19836 155049 143789 9953 1307 74819 45752 26564 2503 DIRECT ASSISTANCE 2378137 2377888 249 GIFTS IN KIND 1859263 1847443 11820 PROGRAM EXPENSE - GENER 565741 558660 6602 479 TELECOMMUNICATIONS 90382 72136 15616 2630 161875 67449 34605 59821 15801557 12902207 1846000 1053350 11811 11723 2623801 893648 2107112 1314813 291875 225692 584167 594167 5371 4114 457887 96438 2776983 1266418 268942 1510565 358351 399236 2272260 1634984 8981577 6685380 1295959 983191 796035 476619 1988548 1684278 4080542 3144088 X 4331860 3157246 569175 384046 4901035 3541292 8981577 6685380 -1406826 47083 0 X 0 1 X 1 1 1 X 8585058 13931337 16892657 13413918 12560791 65383761 912076 929515 754248 837848 940147 4373834 9497134 14860852 17646905 14251766 13500938 69757595 69757595 26679 24435 21321 49867 62327 184629 60010 44809 69200 79498 75852 329369 70271593 0.99270 0.99300 X 0 0 0 0 0 0 0 1 60537 3758 4456 59839 0 351018 50219 13186 388051 327632 109535 35278 121427 351018 303973 70822 -47163 327632 239362 150 69230 1741 3028 303973 260872 250 -11884 5994 3882 239362 0.81830 0.18170 0 0 2776983 1266418 1510565 1510565 DUE FROM RELATED PARTIES 32650 OPERATING LEASE RIGHT OF USE ASSETS, NET 1602334 1634984 OPERATING LEASE LIABILITIES 1684278 1684278 X PART IV, LINE 1B: THE ORGANIZATION WAS A TRUSTEE ON ACCOUNTS HELD ON BEHALF OF OUR CLIENTS AT UNITED BANK. EACH TRUST ACCOUNT HAS ITS OWN EIN. THE TRUSTS ARE SET UP PRIMARILY FOR OUR CLIENTS TO BUILD ASSETS AND SAVINGS TO ENTER INTO A LEASE, PURCHASE A HOME OR PURSUE OTHER ACTIVITIES THAT ADVANCE FAMILY SELF-SUFFICIENCY PART V, LINE 4: THE EO MANAGES ENDOWMENT FUNDS. ONE FUND IS CONTROLLED BY THE BOARD OF DIRECTORS AND INTENDED TO USE FOR MISSION INVESTMENTS. THE OTHER PROVIDES TUITION SCHOLARSHIPS FOR FAMILIES UNABLE TO AFFORD FULL TUITION AT LAUREL LEARNING CENTER OR OTHER CHILDCARE/CHILD DEVELOPMENT PROGRAMS. PART X, LINE 2: CS AND CHS ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT OF ANY UNRELATED BUSINESS INCOME. RIHC IS A LIMITED PARTNERSHIP WHICH PASSES ITS NET EARNINGS OR LOSSES TO ITS PARTNERS. RIHC'S RENTAL INCOME ACTIVITY TO LOW-INCOME INDIVIDUALS IS CONSIDERED TO BE DIRECTLY RELATED TO THE ORGANIZATION'S EXEMPT PURPOSE; THEREFORE, THIS INCOME IS EXEMPT FROM UNRELATED BUSINESS INCOME TAX. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2024. CS AND CHC FILE FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ANNUALLY WITH THE UNITED STATES DEPARTMENT OF THE TREASURY. RIHC FILES FORM 1065, RETURN OF PARTNERSHIP INCOME. SUCH RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. X X X 1 ORR GROUP INC 3000 K ST NW STE E 280 WASHINGTON VA 20007 INDIVIDUAL/MAJOR GIFT FUNDRASING; CORPORATE RELATIONS SERVIC 0 1429053 674375 754678 1429053 674375 754678 CORNERSTONES OF OUR COMMUNITY 69375 61650 7725 5577 20440 4779 2405 69375 61650 7725 5577 20440 4779 2405 33201 -25476 X X X X 0 0 0 0 0 0 0 0 0 MS KERRIE B WILSON CHIEF EXECUTIVE OFFICER 187629 0 0 0 0 0 7645 0 754 0 196028 0 0 0 X 276003 COMPARABLE SELLING PRICE X 11 128620 FACE VALUE/SELLING PRICE X 2444 1335161 COST/SELLING X OTHER 172 108149 COMPARABLE SELLING P X GIFT CARDS 211 107854 FACE VALUE/SELLING P X TOILETRIES 112 28897 COMPARABLE SELLING P X TOYS AND OTHER 15 3049 COMPARABLE SELLING P 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXEMPT ORGANIZATION'S (EO'S) FINANCE COMMITTEE REVIEWS THE FINANCIAL STATEMENTS AND DRAFT TAX RETURN IN ADVANCE OF FILING. MANAGEMENT WILL ANSWER ALL QUESTIONS AND PROVIDE SUPPORTING DOCUMENTATION AS REQUESTED. THE BOARD OF DIRECTORS WILL RECEIVE A COPY OF THE DRAFT TAX RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS AND EMPLOYEES ARE REQUIRED TO ABIDE BY THE AGENCY'S CONFLICT OF INTEREST POLICY. BOARD MEMBERS REFRAIN FROM VOTING WHERE THERE IS A PERCEIVED OR ACTUAL CONFLICT OF INTEREST. BOARD MEMBERS ARE REQUIRED TO REPORT CONFLICTS OF INTEREST WHEN ISSUES ARE BEFORE THE BOARD. CEO REVIEWS THE CONFLICT STATEMENTS REGULARLY. FORM 990, PART VI, SECTION B, LINE 15A ON A CONSISTENT BASIS, THE CHAIRPERSON OF THE BOARD APPOINTS A TASK FORCE OR MEMBERS OF THE BOARD TO FACILITATE THE CEO PERFORMANCE REVIEW. IF PERFORMANCE OR MARKET CONDITIONS WARRANT A CHANGE IN COMPENSATION, THE CHAIRPERSON OR DESIGNEE WORKS WITH HUMAN RESOURCES TO GATHER INFORMATION TO GUIDE THE DECISION. INFORMATION USED INCLUDES MARKET-BASED COMPENSATION SURVEY DATA FOR THE REGION AND, WHEN AVAILABLE, INFORMATION FROM NONPROFITS OF COMPARABLE SIZE AND COMPLEXITY. UPON COMPLETION OF THE EVALUATION, THE CHAIRPERSON OR DESIGNEE PRESENTS A REPORT ON PERFORMANCE AND COMPENSATION TO THE BOARD OF DIRECTORS. THE MEETING MAY BE HELD IN EXECUTIVE SESSION. IF APPROVED BY A SIMPLE MAJORITY OF THE BOARD MEMBERS PRESENT, THE BOARD CHAIR COMPLETES A PERSONNEL ACTION FORM WHICH IS THE FORMAL RECORD OF THE ACTION. THE EXECUTIVE COMMITTEE WILL OVERSEE A COMPARISON OF COMPENSATION AWARDED AND REPORTED ON THE AGENCY'S 990 FORM ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 EO MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND TAX RETURN UPON REQUEST. EO'S TAX RETURN IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. CORNERSTONES NORTH POINT LLC 11150 SUNSET HILLS RD STE 210 RESTON VA 20190 471754767 OWNS RIHC PARTNERS, LP VA CORNERSTONES INC CORNERSTONES HOUSING CORPORATION (CHC) 11150 SUNSET HILLS RD STE 210 RESTON VA 20190 541714395 EO PROVIDES MANAGEMENT AND ADMINISTRATIVE SERVICES FOR CHC VA 501(C)(3) LINE 7 CORNERSTONES INC 1 RIHC PARTNERS LP 11150 SUNSET HILLS ROAD SUITE 210 RESTON VA 201905360 311459170 PROVIDE AFFORDABLE HOUSING VA RELATED 42070 1726529 0 0 0.99000 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 CORNERSTONES HOUSING CORPORATION L 346800 BASED ON MANAGEMENT AGREEMENT CORNERSTONES HOUSING CORPORATION Q 6292 ACTUAL EXPENSES RIHC PARTNERS LP D 500000 PROMISSORY NOTE RIHC PARTNERS LP L 64620 BASED ON MANAGEMENT AGREEMENT RIHC PARTNERS LP A 10000 ACCRUED LOAN INTEREST