Cornerstone Christian Center Of Homestead Florida Inc
- Assets
- $348.4k
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Cutler Bay, FL
- Founding
- 05/1984
- Data as of
- 12/2021
- EIN
- 59-2245357
Organization Overview
Cornerstone Christian Center Of Homestead Florida Inc is located in Cutler Bay, FL. The organization was established in 1984. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Cornerstone Christian Center Of Homestead Florida Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Christian Center Of Homestead Florida Inc 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 Christian Center Of Homestead Florida Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 58.1% each year . All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 57.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BRIDGE TO HOPE IS A FAITH-BASED COMMUNITY SERVICE ORGANIZATION THAT PROVIDES A COMPREHENSIVE SET OF PROGRAMS AND SERVICES DESIGNED TO BRIDGE THE GAP TO SELF-SUFFICIENCY AND EMPOWER ECONOMIC STABILITY FOR LOW TO MODERATE INCOME FAMILIES, AS WELL AS THOSE IN CRISIS. OUR GOAL IS TO RAISE THE STANDARD OF LIVING AND RESTORE DIGNITY AND HOPE TO THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVID-19 ASSISTANCE. WE PROVIDED ASSISTANCE WITH FOOD, PPE, CLEANING SUPPLIES, AND HOUSING TO INDIVIDUALS IN THE LOCAL AREA.
THE MAKE A HOUSE A HOME PROGRAM IMPROVES THE QUALITY OF LIFE FOR LOW TO MODERATE INCOME RESIDENTS BY PROVIDING NUTRITIOUS FOOD, HYGIENE PRODUCTS, CLOTHING, AND HOUSEHOLD ESSENTIALS. IN 2021 WE SERVED 117,708 PEOPLE THROUGH OUR SERVICES.
THE PROUD TO LEARN PROGRAM CREATES OPPORTUNITY THROUGH EDUCATIONAL SUPPORT IN A VARIETY OF COMPONENTS: LIFE COACHING, OFFICE SKILLS, AND CAREER EXPLORATIONS. LIFE COACHING INCLUDES RESUME CREATION, PROFESSIONAL HEADSHOTS, AND PARTICIPATION IN EXPERIENCES DESIGNED TO PREPARE THEM FOR THE BUSINESS WORLD. OFFICE SKILLS INCLUDE LEARNING THE LATEST TECHNOLOGY AND EXPERT TRAINING USING MICROSOFT OFFICE. CAREER EXPLORATIONS INCLUDE ROBOTICS AND INTRODUCTIONS TO CODING AND 3D ART. THIS PROGRAM IS ABOUT REDIRECTING THE FUTURE OF OUR AT-RISK YOUTH, GIVING THEM THE SKILLS THEY NEED FOR HIGHER-PAYING JOBS, HELPING THEM BUILD THEIR RESUMES AND BECOME EMPLOYABLE. BY CREATING A NEW PATH AWAY FROM PRISON AND TOWARD SUCCESS, WE BUILD STRONGER AND SAFER COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Tinsely Executive Director And President | OfficerTrustee | 40 | $18,500 |
Margarita Spencer Vice President Of Operations | OfficerTrustee | 1 | $0 |
Julie Tinsley Perez Vice President | OfficerTrustee | 1 | $0 |
Cassandre D Anglade ESQ Secretary | OfficerTrustee | 1 | $0 |
Raquel Hickey Board Member | Trustee | 1 | $0 |
Alicia Holden Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $457 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,225,674 |
| Noncash contributions included in lines 1a–1f | $2,852,093 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,236,431 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,500 |
| 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 | $3,241,114 |
| 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. | $18,500 |
| Compensation of current officers, directors, key employees. | $3,700 |
| Compensation to disqualified persons | $50,785 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,642 |
| Payroll taxes | $5,319 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,885 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,016 |
| Advertising and promotion | $946 |
| Office expenses | $5,205 |
| Information technology | $2,802 |
| Royalties | $0 |
| Occupancy | $65,058 |
| Travel | $387 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,122 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,500 |
| Insurance | $2,071 |
| All other expenses | $0 |
| Total functional expenses | $3,127,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $313,907 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $6,389 |
| Net Land, buildings, and equipment | $25,636 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,453 |
| Total assets | $348,385 |
| Accounts payable and accrued expenses | $9,620 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $25,136 |
| Other liabilities | $0 |
| Total liabilities | $34,756 |
| Net assets without donor restrictions | $279,629 |
| Net assets with donor restrictions | $34,000 |
| 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 | $348,385 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cornerstone Christian Center Of Homestead Florida Inc has recieved totaling $59,500.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $42,000 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $15,000 |
Molina Healthcare Charitable Foundation Wilmington, DE PURPOSE: TO PURCHASE HOLIDAY MEALS | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carrfour Supportive Housing Inc Miami, FL | $81,747,585 | $17,403,027 |
Southeast Alabama Community Action Partnership Inc Enterprise, AL | $872,465 | $5,704,500 |
Covenant House Georgia Inc Atlanta, GA | $22,755,199 | $6,304,494 |
Florida Apartment Association Inc Orlando, FL | $2,248,938 | $5,209,574 |
Cornerstone Christian Center Of Homestead Florida Inc Cutler Bay, FL | $348,385 | $3,241,114 |
Melvin J & Claire Levine Jewish Residential & Fmly Srvc Of Palm Be West Palm Beach, FL | $1,927,835 | $2,953,195 |
One Roof Birmingham, AL | $634,868 | $2,365,347 |
Pinellas Affordable Living Inc St Petersburg, FL | $23,875,454 | $1,660,928 |
Southwest Florida Affordablehousing Choice Foundation Inc Fort Myers, FL | $17,591,096 | $4,902,368 |
L Arche Jacksonville Inc Jacksonville, FL | $2,089,376 | $1,488,359 |
A M E Housing Agency Of Florida Inc Jacksonville, FL | $4,745,642 | $1,865,895 |
New Pilgrim Homes Inc Birmingham, AL | $4,030,690 | $1,672,643 |