Cornerstone Community Development Corporation Nfp

Organization Overview

Cornerstone Community Development Corporation Nfp, operating under the name Ford Heights Community Development Organization, is located in Ford Heights, IL. The organization was established in 1968. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ford Heights Community Development Organization 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 06/2020, Ford Heights Community Development Organization generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $1.2m during the year ending 06/2020. While expenses have increased by 10.6% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE QUALITY OF LIFE FOR THE UNDERPRIVILEGED AND TO ASSIST OTHERS IN TIMES OF CRISIS EMPHASIZING EMERGENCY, SUPPORTIVE, AND EDUCATIONAL SERVICES

Describe the Organization's Program Activity:

Part 3 - Line 4a

GENERALLY TO OFFER PROGRAMS TO IMPROVE THE QUALITY OF LIFE FOR THOSE IN THE COMMUNITY.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,603,069
Investment income $20
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,603,089

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Cornerstone Community Development Corporation Nfp has recieved totaling $423,758.

Awarding OrganizationAmount
United Way Of Metropolitan Chicago Inc

Chicago, IL

PURPOSE: PROGRAM SUPPORT

$175,154
South Suburban Pads

Chicago Heights, IL

PURPOSE: HUD COORDINATION OF CARE SUPPORTIVE HOUSING PROGRAM, INCLUDING LEASING, SUPPORTIVE SERVICES, OPERATIONS AND ADMINISTRATION UNDER SOUTHLAND PSH AWARD.

$98,770
Greater Chicago Food Depository

Chicago, IL

PURPOSE: DISTRIBUTE TO THE HUNGRY

$68,107
Greater Chicago Food Depository

Chicago, IL

PURPOSE: DISTRIBUTE TO THE HUNGRY

$41,229
Alliance To End Homelessness In Suburban Cook County

Hillside, IL

PURPOSE: GENERAL ASSISTANCE

$40,498
View Grant Recipient Profile

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