Humangood Cornerstone

Organization Overview

Humangood Cornerstone is located in Pleasanton, CA. The organization was established in 2004. According to its NTEE Classification (L02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Humangood Cornerstone generated $12.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 33.7% each year . All expenses for the organization totaled $8.7m during the year ending 12/2019. While expenses have increased by 28.8% per year over the past 5 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP OLDER ADULTS LIVE THEIR BEST LIVES POSSIBLE, HOWEVER THEY DEFINE IT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HUMANGOOD CORNERSTONE IS THE PARENT COMPANY OF HUMANGOOD ARIZONA DBA TERRACES OF PHOENIX ("HUMANGOOD ARIZONA"), HUMANGOOD NEVADA DBA LAS VENTANAS ("HUMANGOOD NEVADA"), HUMANGOOD IDAHO DBA TERRACES OF BOISE ("HUMANGOOD IDAHO"), HUMANGOOD WASHINGTON DBA JUDSON PARK ("HUMANGOOD WASHINGTON"). HUMANGOOD CORNERSTONE WAS FORMED IN 1999 TO FACILITATE REDEVELOPMENT AND GROWTH AND PROVIDE A STRUCTURE FOR AFFILIATION WHILE PROTECTING THE CREDIT CAPACITY OF ITS AFFILIATES. AS PIONEERING LEADERS IN THE SENIOR LIVING INDUSTRY, HUMANGOOD CORNERSTONE AND AFFILIATES HAVE LED THE INDUSTRY IN HELPING FORM THE LIFE PLAN COMMUNITY (FORMERLY CONTINUING CARE RETIREMENT COMMUNITY) CONCEPT. HUMANGOOD CORNERSTONE'S LIFE PLAN COMMUNITY AFFILIATES ARE WELL-ESTABLISHED AND RESPECTED NON-PROFIT PROVIDERS OF RESIDENTIAL AND NURSING CARE FOR THE ELDERLY. THEIR FOUNDERS CONTRIBUTED SIGNIFICANTLY TO THE FORMATION OF STATE AND NATIONAL STANDARDS AND INDUSTRY TRADE GROUPS. TODAY, THE CALIFORNIA BASED COMPANY IS KEEPING PACE WITH A RAPIDLY CHANGING SENIOR LIVING MARKET THROUGH EXTENSIVE COMMUNITY RENOVATIONS TO REMAIN COMPETITIVE WITH OTHER OPTIONS FOR SENIORS, TO RESPOND TO RESIDENT INPUT AND TO CONTINUE TO SERVE AN EVER-INCREASING NUMBER OF SENIORS CONSISTENT WITH CORPORATE AND BOARD OBJECTIVES.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Miller
VP Innovation & Experience
$224,211
Randall L Stamper
Chair
$73,250
H Declan Brown
Secretary
$62,417
Judith Baker
Director
$60,917
Albert W Kelley
Vice Chair
$60,417
William Battison
Director
$58,917

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Netsmart Technologies
It Services
$153,808
Intervision Systems Llc
Strategic It Solution Services
$556,213
Key Events
Event Services
$223,449
Hanson Bridgett Llp
Legal Services
$150,936
Michael Simmons Property Dev Inc
Consulting Services
$116,988
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$8,151,497
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,151,497
Total Program Service Revenue$4,770,657
Investment income $0
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 $12,922,154

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Humangood Cornerstone has recieved totaling $8,151,497.

Awarding OrganizationAmount
Humangood Norcal

Pleasanton, CA

PURPOSE: CAPITAL CONTRIBUTIONS

$4,890,898
Humangood Socal

Glendale, CA

PURPOSE: CAPITAL CONTRIBUTIONS

$3,260,599
View Grant Recipient Profile

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