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EIN 56-2454734

The Cornerstone Bible College and Seminary

IRS 501(c) type
501(c)(3)
Num. employees
22
City
Vallejo
State
California
Year formed
2004
Most recent tax filings
2023-06-01
NTEE code, primary
B42: Undergraduate College (4-year)
Description
The Cornerstone Bible College and Seminary trains men and women for ministry in local churches through a Bachelor's Degree or Certificate of Accomplishment program, as well as offering a Master's Degree level of theological and pastoral training. The faculty is comprised of qualified local pastors who serve as adjunct faculty for the educational training. Program expenses are primarily related to paying one full time staff member. The college and seminary is located in Vallejo, CA.
Also known as...
Cornerstone Seminary
Total revenues
$294,463
2023
Total expenses
$250,313
2023
Total assets
$38,716
2023
Num. employees
22
2023

Program areas at The Cornerstone Bible College and Seminary

The largest component of program expenses is related to the payment of one full time staff member and the array of qualified local pastors that comprise the faculty. Pastors serve as adjunct faculty delivering segments of educational training commensurate with the master's degree achieved by each graduating student. Revenues are the sum of tuition paid by those students either on a full time of part time schedule.

Who funds The Cornerstone Bible College and Seminary

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation of Middle Tennessee (CFMT)For Undesignated Support on Behalf of Wilson and Jasmine Patton$25,000
AmazonSmile FoundationGeneral Support$191

Personnel at The Cornerstone Bible College and Seminary

NameTitleCompensation
Ryan RippeePresident and Chief Executive Officer$57,476
Todd BoltonDean of Students$73,557
Kevin SheaFinancial Administrator
Eileen LucasAdministrator$14,075

Financials for The Cornerstone Bible College and Seminary

RevenuesFYE 06/2023
Total grants, contributions, etc.$141,710
Program services$152,753
Investment income and dividends$0
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$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$294,463

Form 990s for The Cornerstone Bible College and Seminary

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-16990View PDF
2022-062022-11-15990View PDF
2021-062021-09-14990View PDF
2020-062021-02-19990View PDF
2019-062020-01-28990View PDF
...and 9 more Form 990s

Organizations like The Cornerstone Bible College and Seminary

OrganizationLocationRevenue
Northeast Ohio Bible CollegeEast Liverpool, OH$140,826
Northern California Bible CollegeCampbell, CA$243,298
Applied Life MinistriesHot Springs, AR$754,975
Indian Bible CollegeFlagstaff, AZ$1,316,804
Atlantic Union CollegeSouth Lancaster, MA$73,998
Pacific Bible CollegeMedford, OR$995,016
Universidad Cristiana Logos (UCL)Jacksonville, FL$449,048
Hill House MinistriesAustin, TX$288,778
College Ministries of VirginiaRichmond, VA$375,436
Southland Bible InstituteAshland, KY$413,201
Data update history
December 29, 2023
Posted financials
Added Form 990 for fiscal year 2023
December 29, 2023
Updated personnel
Identified 3 new personnel
November 28, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Community Foundation of Middle Tennessee (CFMT)
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 12, 2023
Received grants
Identified 1 new grant, including a grant for $9,000 from Chatlos Foundation
Nonprofit Types
SchoolsCharities
Issues
Education
Characteristics
ReligiousChristianPartially liquidatedTax deductible donations
General information
Address
710 Broadway St
Vallejo, CA 94590
Metro area
Vallejo, CA
County
Solano County, CA
Website URL
tcbs.org/ 
Phone
(707) 645-1043
IRS details
EIN
56-2454734
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
813110: Religious Organizations
Parent/child status
Independent
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