Cornerstone Community EIN 26-2056154 Form 990 (PDF) Claim this org

Cornerstone Community FY2023 filing

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Offers a welcoming home and community space for individuals with developmental disabilities. For fiscal year 2023 it reported $358K in revenue, $361K in expenses, and $935K in net assets.Pt I

Founded
2008
Type
Public charity (501(c)(3)) · Housing
Location
Leavenworth, WA
Website
www.uvmend.org
Filings
6 on file (2020–2023)
Revenue
$358KFY2023
Expenses
$361K
Net assets
$935K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  26-2056154 Public charity (501(c)(3)) Leavenworth, WA Founded 2008
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers a welcoming home and community space for individuals with developmental disabilities.
Leadership
Kaylin Bettinger · President/Tr
Money in and out
$358K revenue, $361K expenses
Bottom line
100% program efficiency
Where the money goes · FY2023
Total revenue
$358K
Pt VIII · Ln 12
Total expenses
$361K
Pt IX · Ln 25
Net assets
$935K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$3K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
8.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-0.9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$358K
FY2023▲ +10%
Expenses
$361K
FY2023▲ +10%
Total assets
$942K
FY2023-0.4%
Total liabilities
$7K
FY2023▼ -5%
Total revenue
$358K
Pt VIII · Ln 12
Total expenses
$361K
Pt IX · Ln 25
Net assets
$935K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$3K
Total assetsPt X · Ln 16$942K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCornerstone Community
EINHdr · item D26-2056154
Principal addressHdr · item CLeavenworth, WA
WebsiteHdr · item Jwww.uvmend.org
Year of formationHdr · item L2008
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L21)
Ruling yearIRS BMFJul 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Tr
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Member at La
$0Pt VII · Sec A
Member at La
$0Pt VII · Sec A
Member at La
$0Pt VII · Sec A
Member at La
$0Pt VII · Sec A
See Cornerstone Community executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $361K of program spending, described in the organization's own filed words · FY2023.
01

To provide elderly persons or handicapped persons with housing facilities and services specially designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living.

$361Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$355K · 99%
Investment income$3K · 1%
Program service revenue99%$355K
Investment income1%$3K
Total revenueLn 12$358K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$361K
Total functional expensesLn 25$361K

Balance Sheet

Part X · end of year
CashLn 1$252K
Total assetsLn 16$942K
Total liabilitiesLn 26$7K
Total net assetsLn 32$935K
Months of cash on handcomputed8.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $252K · Operating expenses/yr $361K
8.4 months
Where the money goes
Program services
Program services $361K · Total expenses $361K
100%
Management & General
Management & general $0 · Total expenses $361K
0%
Fundraising
Fundraising $0 · Total expenses $361K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $358K
0%
Government reliance
Government grants — · Total revenue $358K
Earned-income share
Program service revenue $355K · Total revenue $358K
99%
Investment reliance
Investment income $3K · Total revenue $358K
+0.9%
Program self-sufficiency
Program service revenue $355K · Total expenses $361K
98%
Growth & trend
Revenue growth (YoY)
This year $358K · Prior year $326K
+10%
Net-asset trend (YoY)
End of year $935K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $358K · Expenses $361K
-0.9%
Liabilities-to-Assets
Total liabilities — · Total assets $942K
Net-asset ratio
Net assets $935K · Total assets $942K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $942K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kaylin Bettinger · Reported title PRESIDENT/TR · Highest reported compensation $0 · Total expenses $361K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $229K · Total expenses $361K
63%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Revenue growth 10%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$410K revenue · ⤓ 990 PDF
FY2024$389K revenue · ⤓ 990 PDF
FY2023$358K revenue · viewing · ⤓ 990 PDF
FY2022$326K revenue · ⤓ 990 PDF
FY2021$331K revenue · ⤓ 990 PDF
FY2020$312K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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