EIN 84-3775046

Cornerstone of Grace

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Watertown
Year formed
2020
Most recent tax filings
2023-12-01
Description
Cornerstone of Grace provides housing and services to women in need through a faith based approach where they walk alongside participants with God. They offer counseling, social work, and cooking classes to provide structure and support for women in restarting their lives. In 2022, they supported 28 mothers and their children through the program with the help of in-kind donations from the community such as clothes, bedding, and food. The organization is located in Watertown, WI.
Total revenues
$329,196
2023
Total expenses
$341,622
2023
Total assets
$143,623
2023
Num. employees
3
2023

Program areas at Cornerstone of Grace

Cornerstone of Grace supported a total of 9 women and 18 children through its program in 2023. In-kind donations such as clothes, bedding, and food, were received from the community to support these participants in tangible ways. The organization provided the program participants with support in obtaining basic necessities including food, prescribed meds, clothing for themselves and children, and covered ongoing medical services needed including counseling with licensed therapists. Our program expanded to include a life skills curriculum and Financial Peace training as well. We doubled our impact in 2023 by expanding to 2 homes in Watertown, with the ability to serve 6 families at a time.

Who funds Cornerstone of Grace

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Watertown Community Health Foundation (WRMC)Board Gift 2022, Eickstaedt Lane Housing, Wi Nonprofit Summit - CG$41,437
The William and Cathy Kwapil FoundationFamily Sponsorship$32,400
National Christian Foundation / Natl Christian Charitable FDN IncGrowth$11,000
...and 4 more grants received

Personnel at Cornerstone of Grace

NameTitleCompensation
Casey HushonExecutive Director at Hope...
Michele AltmanFounder and Director$63,592
Jeffrey FingerPast Treasurer$0

Financials for Cornerstone of Grace

RevenuesFYE 12/2023
Total grants, contributions, etc.$290,762
Program services$37,354
Investment income and dividends$96
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$964
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$20
Total revenues$329,196

Form 990s for Cornerstone of Grace

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-09990View PDF
2022-122023-05-15990View PDF
2021-122022-05-01990EZView PDF
2020-122022-04-12990EZView PDF
Data update history
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $41,437 from Greater Watertown Community Health Foundation (WRMC)
August 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 9, 2024
Updated personnel
Identified 6 new personnel
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $20,800 from Mars Family Foundation
December 30, 2023
Received grants
Identified 1 new grant, including a grant for $4,000 from Widen Family Foundation
Nonprofit Types
Human service organizationsFamily service centersCharities
Issues
Human services
Characteristics
Partially liquidatedFundraising eventsState / local levelTax deductible donationsAccepts online donations
General information
Address
217 N 5th St
Watertown, WI 53094
County
Jefferson County, WI
Website URL
cornerstoneofgrace.org/ 
Phone
(920) 285-8378
IRS details
EIN
84-3775046
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P20: Human Service Organizations
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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