Cornerstone Of Hope Inc, operating under the name Cornerstone of Hope, is located in Independence, OH. The organization was established in 2004. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Cornerstone of Hope employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone of Hope is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cornerstone of Hope generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CORNERSTONE OF HOPE (THE ORGANIZATION) WAS INCORPORATED IN 2003 AS A NON-PROFIT ORGANIZATION, FOR THE PURPOSE OF PROVIDING SUPPORT, EDUCATION, AND HOPE FOR THE GRIEVING.
Describe the Organization's Program Activity:
SUPPORT GROUPS - OUR SUPPORT GROUPS CONSIST OF WEEKLY, MONTHLY, AND SPECIALTY SUPPORT GROUPS AS FOLLOWS: WEEKLY SUPPORT GROUPS (PHASE #1): PHASE ONE OF THE SUPPORT GROUPS IS A CLOSED 8-10 WEEK EDUCATIONAL AND INTERACTIVE PROGRAM THAT IS LED BY A LICENSED CLINICIAN OR QUALIFIED PROFESSIONAL. IN THIS PHASE, TELLING YOUR PERSONAL STORY, SHARING YOUR LOVED ONES LIFE, AND EXPRESSING ANY FEELINGS TO THE GROUP IS ENCOURAGED. THESE GROUPS ARE SEPARATED BY AGE OF THE PARTICIPANT AND BY TYPE OF LOSS. WE OFFER THE FOLLOWING SUPPORT GROUPS BY TYPE OF LOSS: SUICIDE, MURDER, ACCIDENTAL OVERDOSE, MILITARY, YOUNG WIDOWS, LOSS OF SPOUSE, LOSS OF ADULT CHILD, NEO-NATAL OR EARLY INFANT LOSS, LOSS OF CHILD, COMPLICATED GRIEF AND TRAUMATIC DEATH. WE CONTINUALLY OFFER MORE SPECIFIC GROUPS BASED UPON THE NEEDS OF THE COMMUNITY. MONTHLY SUPPORT GROUPS (PHASE #2): PHASE TWO OF THE SUPPORT GROUP PROCESS IS A PROFESSIONALLY LED MONTHLY SUPPORT GROUP WHERE NEW MEMBERS MEET FOR AN ONGOING PERIOD OF TIME, BASED ON THEIR NEEDS. USUAL TOPICS ARE DEALING WITH UPCOMING HOLIDAYS OR SPECIAL ANNIVERSARY DATES, COPING WITH GETTING BACK TO WORK, LONELINESS, OR THE STRESS OF RAISING A FAMILY. WE HAVE ALSO ADDED A FAMILY WORKSHOP SERIES THAT USES CREATIVE AND EXPRESSIVE ARTS TO EFFECTIVELY PROCESS THEIR GRIEF AND MEMORIALIZE THEIR LOVED ONE. SPECIALTY GROUPS (WEEKLY/PHASE #2): MOVIE SUPPORT GROUP, BIBLE STUDY GROUPS, PHOTO THERAPY GROUPS AND OTHER WEEKLY SERIES GRIEF SUPPORT GROUPS ARE OFFERED QUARTERLY TO ALLOW PARTICIPANTS TO EXPERIENCE OTHER METHODS AND LEARNING STYLES TO BE ABLE TO COPE WITH THEIR GRIEF. PARTICIPANTS NEED TO HAVE COMPLETED A PHASE 1 GROUP PRIOR TO JOINING A PHASE 2 GROUP. AS WITH MOST OF OUR GROUPS, PHASE 2 GROUPS UTILIZE THE EXPRESSIVE ARTS AS INTERVENTIONS. IN ALL PHASES, INDIVIDUALS RECEIVE EMPATHY FROM OTHERS WHO HAVE SUFFERED SIMILAR LIFE CHANGING EVENTS. THE GROUP MEMBERS FORM NEW AND LASTING FRIENDSHIPS AS THEY ARE NOW ACCEPTED FOR THE PERSON THEY ARE NOW, NOT WHO THEY USED TO BE. IN ADDITION TO GROUPS, CORNERSTONE OF HOPE OFFERS INDIVIDUAL GRIEF COUNSELING WITH A MASTERS PREPARED CLINICIAN. FOR CLIENTS EXPERIENCING A TRAUMATIC LOSS, EMDR IS THE MODALITY OF CHOICE. EMDR IS A PROVEN INTERVENTION THAT RE-TRAINS THE BRAIN TO PROCESS TRAUMA WITH MUCH LESS NEGATIVE SIDE EFFECTS, AND ENABLES CLIENTS TO THEN BEGIN THE GRIEF PROCESS. CORNERSTONE OF HOPE OFFERS SEVERAL MEMORIAL PROGRAMS THROUGHOUT THE YEAR. IN JUNE, WE HAVE A BUTTERFLY RELEASE PROGRAM WHERE PARTICIPANTS RELEASE A BUTTERFLY IN HONOR OF THEIR LOVED ONE. OCTOBER 15TH IS NATIONAL INFANT LOSS DAY AND WE COMMEMORATE THE BABIES BY LIGHTING A CANDLE IN THEIR MEMORY. IN DECEMBER, WE HAVE OUR CHRISTMAS CANDLE LIGHTING PROGRAM, WHERE WE HONOR OUR LOVED ONES WITH A MEMORIAL PROGRAM, AND A CANDLE WITH THEIR LOVED ONES' PHOTO ON IT. CORNERSTONE OF HOPE RESPONDS TO COMMUNITY RESPONSE CALLS IN BUSINESSES AND SCHOOLS WHEN THERE IS A DEATH IN THE COMMUNITY. OUR TRAINED RESPONDERS PROVIDE HOPE AND SUPPORT IN THE MOST TRAGIC OF CIRCUMSTANCES. LASTLY, WE HAVE SEVERAL EDUCATIONAL PROGRAMS EACH MONTH, PROVIDING CONTINUING EDUCATION CREDITS TO LICENSED PROFESSIONALS (SOCIAL WORKERS, COUNSELORS, NURSES, FUNERAL DIRECTORS, ETC). GRIEF RELATED TOPICS ARE PRESENTED FOR PROFESSIONALS IN THE COMMUNITY.
CAMPS - CORNERSTONE OFFERS SEVERAL CAMPS FOR GRIEVING CHILDREN AND TEENS, AS FOLLOWS: CAMP ERIN: CAMP ERIN IS A FREE WEEKEND CAMP FOR GRIEVING CHILDREN AND TEENS AGES 8-17. THE GOAL OF THE CAMP IS TO PROVIDE OUR BEREAVED YOUTH THE OPPORTUNITY TO CULTIVATE NEW FRIENDSHIPS WITH PEERS WHO ARE STRUGGLING WITH A SIMILAR JOURNEY IN LIFE AND LIFE AFTER THE DEATH OF A LOVED ONE. THE CAMPERS LEARN POSITIVE COPING SKILLS AND HOW TO USE THEIR UNIQUE STRENGTHS TO ULTIMATELY TRANSFORM THEIR PAIN INTO A LIFE OF PURPOSE. CAMP CORNERSTONE: CAMP CORNERSTONE IS A FREE WEEK LONG CAMP FOR GRIEVING CHILDREN AND TEENS AGES 6-14. SOMETIMES GRIEVING CHILDREN FEEL LIKE THEY ARE SO ALONE IN THEIR GRIEF, THAT IS, UNTIL THEY GATHER WITH THEIR PEERS WHO ARE ALSO GRIEVING. CAMP CORNERSTONE PROVIDES A BALANCE OF SOCIAL ACTIVITY, MEMORY BUILDING, EDUCATION, AND REFLECTION ON THEIR GRIEF EXPERIENCE SO THAT POSITIVE DECISION MAKING CAN BE MADE IN THE FUTURE WHEN THE STRESS OF GRIEF CAN BE OVERWHELMING. CAMP HEROES: CAMP HEROES IS A FREE WEEK LONG CAMP FOR GRIEVING CHILDREN AND TEENS AGES 8-17 WHO LIVE IN THE INNER CITY OF CLEVELAND. THIS GROUP IS INTENDED FOR CHILDREN TO BOND WITH THEIR PEERS IN THEIR NEIGHBORHOODS SO THEY HAVE TRUSTED AND HEALTHY FRIENDS TO COPE WITH THEIR GRIEF. THIS PARTICULAR CAMP ALSO INCLUDES VARIOUS TEAM BUILDING ACTIVITIES SO THE YOUTH LEARN POSITIVE COPING SKILLS. WE TEACH THEM THE IMPORTANCE OF EXPRESSING THEIR EMOTIONS AND NEGATIVE IMPACT OF DRUGS, VIOLENCE, AND GANGS. CAMP MEMORY: CAMP MEMORY IS A DAY CAMP HELD AT CORNERSTONE OF HOPE IN COLUMBUS, OHIO, FOR CHILDREN WHO HAVE EXPERIENCED THE LOSS OF A LOVED ONE. THE CAMP TAKES PLACE OVER THE COURSE OF THREE DAYS AND IS SPECIFICALLY DESIGNED FOR CHILDREN WHO ARE BETWEEN AGES 6-13. CAMP MEMORY UTILIZES A VARIETY OF THERAPEUTIC PLAY, ART, AND WRITING ACTIVITIES THAT HELP CHILDREN SHARE THEIR GRIEF EXPERIENCES IN FUN AND CREATIVE WAYS.
EDUCATION - CORNERSTONE OFFERS SEMINARS OF GRIEF TOPICS AND RELATED SUBJECTS TO THE COMMUNITY (PRIMARILY THE PROFESSIONAL COMMUNITY), WHO NEED TO MAINTAIN THEIR CAREER STATUS AND LICENSURE BY THE RECEIPT OF REQUIRED EDUCATIONAL CREDITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Tripodi Founder/ceo | Officer | 60 | $113,715 |
Christi Tripodi Founder | OfficerTrustee | 10 | $0 |
Judith Matsko Secretary | OfficerTrustee | 4 | $0 |
Tom Futey Chairperson | OfficerTrustee | 2 | $0 |
Jamie Vilcheck Treasurer | OfficerTrustee | 2 | $0 |
Casey Rasata Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $160,525 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,176,754 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,337,279 |
Total Program Service Revenue | $578,022 |
Investment income | $77,818 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $869,722 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,866,660 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $113,716 |
Compensation of current officers, directors, key employees. | $13,169 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $847,172 |
Pension plan accruals and contributions | $19,086 |
Other employee benefits | $51,276 |
Payroll taxes | $81,570 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $107,637 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $78,093 |
Travel | $57,345 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,254 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $74,431 |
Insurance | $30,668 |
All other expenses | $48,414 |
Total functional expenses | $2,157,901 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,287,247 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $113,215 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $11,435 |
Net Land, buildings, and equipment | $2,299,717 |
Investments—publicly traded securities | $1,452,690 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,164,304 |
Accounts payable and accrued expenses | $82,841 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $94,888 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $177,729 |
Net assets without donor restrictions | $4,711,010 |
Net assets with donor restrictions | $1,275,565 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,164,304 |
Over the last fiscal year, we have identified 3 grants that Cornerstone Of Hope Inc has recieved totaling $18,500.
Awarding Organization | Amount |
---|---|
Luciano Family Foundation Independence, OH PURPOSE: GENERAL | $7,500 |
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $6,000 |
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Ten Thousand Villages Akron, PA | $14,547,846 | $9,360,200 |
The Epilepsy Center Of Northwest Ohio Maumee, OH | $5,131,114 | $4,749,696 |
Local Media Foundation Lake City, MI | $3,508,085 | $2,006,681 |
Cornerstone Of Hope Inc Independence, OH | $6,164,304 | $3,866,660 |
Nueva Luz Urban Resource Center Cleveland, OH | $677,191 | $2,093,824 |
Concordia Tele Caregivers Cabot, PA | $692,330 | $2,060,738 |
Human Services Center Corporation Turtle Creek, PA | $9,665,367 | $2,664,804 |
Cil Cares Scranton, PA | $643,461 | $1,158,820 |
Pa Women Work An Affiliate Of The National Network For Womens Pittsburgh, PA | $680,841 | $1,397,650 |
Family Interventions Inc Crawfordsville, IN | $325,054 | $1,158,179 |
Africentric Personal Development Shop Columbus, OH | $721,294 | $1,389,295 |
Common Market Philadelphia Inc Philadelphia, PA | $17,381,652 | $3,063,615 |