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Filing year 2023

Cornerstone University

Grand Rapids, Michigan·EIN 38-1443369·NTEE B430 · Education·501(c)(3)
Total revenue
$53.6M
Total assets
$105.2M
Total expenses
$55.3M
Reported officers
26
Mission

The University, including Cornerstone Theological Seminary, Asia Biblical Theological Seminary, and radio ministries, exists to empower men and women to excel as influencers in our world for Christ by offering a student focused learning community where Jesus Christ is central.

Executive compensation

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Michigan.

President
Above 90th percentile
$367k
$406k
VP Chief of Staff
Vice President
Median to 75th percentilevs Education peers nationwide
$220k
$243k
VP CFO
Median to 75th percentile
$192k
$212k
AVP Marketing
Highest Compensated Employee
25th percentile to median
$148k
$164k
VP for Academics
Vice President
Median to 75th percentilevs Education peers nationwide
$145k
$160k
VP of Advancement
Board Vice President
25th percentile to medianvs Education peers nationwide
$135k
$149k
Dean School of Ministry
Highest Compensated Employee
10th to 25th percentile
$132k
$145k
Sec Dir of Accreditation
Highest Compensated Employee
10th to 25th percentile
$130k
$144k
Seminary Faculty
Highest Compensated Employee
Below 10th percentile
$115k
$127k
VP Finance / CFO
25th percentile to median
$50k
$55k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Cornerstone University equaled 0.7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.7%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Cornerstone University

What does the Chief Executive Officer of Cornerstone University earn?

In 2023, the Chief Executive Officer of Cornerstone University received $367,204 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Cornerstone University compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2023 pay of the Chief Executive Officer at Cornerstone University falls in the top 10%. In 2023, the highest total compensation at Cornerstone University equaled 0.7% of the organization's total expenses. The median for education organizations is 7%.

What are Cornerstone University's revenue and expenses?

In 2023, Cornerstone University reported $53.6M in total revenue and $55.3M in total expenses on its IRS Form 990.

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