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Cornerstone of Topeka Inc.

Cornerstone of Topeka Inc.

Topeka, KS 666044198
Tax ID48-1021157

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About this organization

Revenue

$1,493,071

Expenses

$969,609

Mission

All Cornerstone efforts are directed toward interrupting the cycle of homelessness, providing decent, safe, accessible and affordable housing of choice to moderate and low-income households, and revitalizing Topeka neighborhoods.

About

A combined transitional housing program (THP) and affordable housing program (AHP) currently are operated as one program by the organization. Transitional housing program (THP) - provides temporary housing (up to 6 months) to homeless persons and families with children in order to help them obtain permanent housing. Admission to the program is by referral from a shelter or social service agency. Selection criteria apply. The program is targeted to breaking the cycle of homelessness. Affordable housing program (AHP) - has an inventory of over 160 units of below-market rental housing. (See schedule O) All of the homes and apartments are rent-restricted, and available only to low-income households earning at or below 80% of area median income. Some units are further restricted to lower income, or for special needs such as homeless or disabled. While home ownership opportunities are no longer a primary activity of Cornerstone, the organization will consider purchase of its homes by qualified tenants.

Interesting data from their 2020 990 filing

The non-profit's mission, as described in the filing, is “All cornerstone efforts are directed toward interrupting the cycle of homelessness, providing decent, safe, accessible and affordable housing of choice to moderate and low-income households, and revitalizing topeka neighborhoods.”.

When describing its duties, they were characterized as: “All cornerstone efforts are directed toward interrupting the cycle of homelessness, providing decent, safe, accessible and affordable housing of choice to moderate and low-income households, and revitalizing topeka neighborhoods.”.

  • The non-profit has complied with legal regulations by reporting their state of operation as KS.
  • The filing shows that the non-profit's address as of 2020 is 1195 SW BUCHANAN ST NO 103, TOPEKA, KS, 666044198.
  • As of 2020, the non-profit has reported a total of 6 employees on their form.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $523,462.
  • The organization has 10 independent voting members.
  • The organization was formed in 1986.
  • The organization pays $350,880 in salary, compensation, and benefits to its employees.
  • The organization pays $20,202 in fundraising expenses.

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