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Filing year 2023

THE CORNERSTONE INITIATIVE

Huntsville, Alabama·EIN 27-5159255·NTEE S47 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$319k
Total assets
$257k
Total expenses
$244k
Reported officers
8
Mission

The CornerStone Initiative is a faith-based nonprofit organization committed to encouraging and equipping men and women in Madison County, Alabama as they navigate a pathway out ofpoverty to a place of sustainable self-sufficiency.

Reported officers (all unpaid)

No paid executives reported in 2023. THE CORNERSTONE INITIATIVE reported 8 unpaid officers and board members on its 990.

Director
Director
Spiritual Director
Director
Vice President
Board President
Treasurer
Secretary

Funded by

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

Sector benchmark

What Community Improvement & Capacity Building executives earn in Alabama

THE CORNERSTONE INITIATIVE reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Alabama earns a median of $59,750.

25th percentile
$37k
Median
$59,750
75th percentile
$96k
90th percentile
$137k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 112 organizations across 112 filings (2021 – 2024).

See full Community Improvement & Capacity Building pay data for Alabama
FAQ

Common questions about THE CORNERSTONE INITIATIVE

What are THE CORNERSTONE INITIATIVE's revenue and expenses?

In 2023, THE CORNERSTONE INITIATIVE reported $319k in total revenue and $244k in total expenses on its IRS Form 990.

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