Cornerstone Building Foundation
- Assets
- $19.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 03/2000
- Data as of
- 12/2023
- EIN
- 86-0964247
Organization Overview
Cornerstone Building Foundation is located in Tucson, AZ. The organization was established in 2000. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Building Foundation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Cornerstone Building Foundation generated $85.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $94.2k during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION PRESENTS CORNERSTONE AWARDS FOR SEVERAL AREAS OF THE DESIGN/CONSTRUCTION INDUSTRY IN TUCSON, AND AWARDS SCHOLARSHIPS IN ARCHITECTURE AND CONSTRUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Becherer AIA Director | 0.5 | $0 | |
Randall D Harris Pe Director | 0.5 | $0 | |
Gregory Markling Fcsi President | 0.5 | $0 | |
Leigh-Anne Harrison Vice-President | 0.5 | $0 | |
Fernando Galvez Pe Treasurer | 0.5 | $0 | |
Brent Davis Hon AIA Executive Director | 0.5 | $6,732 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $48,285 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $36,750 |
| Other Revenue | $0 |
| Total Revenue | $85,035 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,732 |
| Professional fees and other payments to independent contractors | $34,898 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $98 |
| Other expenses | $31,428 |
| Total expenses | $94,176 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,582 |
| Other assets | $0 |
| Total assets | $19,582 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,582 |