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Cornerstone Credit Union Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Operated a donor-advised fund
Organization maintained a donor-advised fund or similar account through which donors could direct the distribution or investment of funds. Details are reported on Schedule D.

Summary charts: organization finances over time

Revenue
$1.65M (2023)

Expenses
$1.51M (2023)

Total Assets
$2.93M (2023)

Total Liabilities
$182k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,652,357
Expenses
$1,514,949
Net Income
$137,408
Net Assets
$2,748,377
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,056,508
63.9%
Program Services $30,482
1.8%
Investment Income $131,911
8.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $427,165
25.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,291
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $174,954
11.5%
Professional Fundraising Fees $0
Other Salaries and Wages $191,321
12.6%
Assets/Debt
Total Assets $2,930,825
Total Liabilities $182,448
Net Assets $2,748,377
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Courtney Moran (Executive Director Fnd) $140,468 $0 $34,485
Caroline Willard (President/Ceo Ccul) $0 $765,465 $101,381
Shoaib Salamat (Svp/Cfo Ccul) $0 $177,227 $37,297
Shelli Mc Coy (Chair) $0 $0 $0
Mary Beth Spuck (Vice Chair) $0 $0 $0
Michael Dougherty (Secretary) $0 $0 $0
Evan Wilson (Treasurer) $0 $0 $0
Ashley Bautista (Trustee) $0 $0 $0
Jason Berridge (Trustee) $0 $0 $0
Kanika Boutte (Trustee) $0 $0 $0
Karyn Davis (Trustee) $0 $0 $0
Lori Crutchley (Trustee) $0 $0 $0
Sara Freeman (Trustee) $0 $0 $0
Pam Garrett (Trustee) $0 $0 $0
Stephen Lark (Trustee) $0 $0 $0
Tammy Mc Nair (Trustee) $0 $0 $0
Craig Rohden (Trustee) $0 $0 $0
Erik Shaw (Trustee) $0 $0 $0
Gina Wilson (Trustee) $0 $0 $0
Dale Hansard (Trustee) $0 $0 $0
Dave Willis (Trustee/Past Foundation Chair) $0 $0 $0
Tina Buttchen (Trustee) $0 $0 $0
Ruby Alvarez (De Society Representative) $0 $0 $0
Melissa Burleson (Friends Of The Foundation Rep) $0 $0 $0
Sarah Hall (Friends Of The Foundation Rep) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,281,131
Expenses
$1,131,957
Net Income
$149,174
Net Assets
$1,709,399
Notable Sources of Revenue Percent of Total Revenue
Contributions $890,348
69.5%
Program Services $124,324
9.7%
Investment Income $105,369
8.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $131,073
10.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,017
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $170,539
15.1%
Professional Fundraising Fees $0
Other Salaries and Wages $275,440
24.3%
Assets/Debt
Total Assets $1,796,111
Total Liabilities $86,712
Net Assets $1,709,399
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Courtney Moran (Executive Director Fnd) $145,605 $0 $24,935
Caroline Willard (President/Ceo Ccul) $0 $727,128 $25,117
Shoaib Salamat (Vp/Cfo Ccul) $0 $168,727 $26,851
Dave Willis (Chairman) $0 $0 $0
Shelli Mc Coy (Vice Chair) $0 $0 $0
Mary Beth Spuck (Treasurer) $0 $0 $0
Stephen Lark (Secretary) $0 $0 $0
Karyn Davis (Trustee) $0 $0 $0
Crystal Long (Trustee) $0 $0 $0
Russell Vest (Trustee) $0 $0 $0
Becky Whitted (Trustee) $0 $0 $0
Debbie Gatlin (Trustee) $0 $0 $0
Andy Reed (Trustee) $0 $0 $0
Brent Rempe (Trustee) $0 $0 $0
Jason Berridge (Trustee) $0 $0 $0
Craig Rohden (Trustee) $0 $0 $0
Kanika Boutte (Trustee) $0 $0 $0
Pam Garrett (Trustee) $0 $0 $0
Tammy Passafiume (Trustee) $0 $0 $0
Gina Wilson (Trustee) $0 $0 $0
Art Hornell (Trustee) $0 $0 $0
Bruce Fox (Trustee) $0 $0 $0
Micheal Walls (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,218,542
Expenses
$1,289,390
Net Income
-$70,848
Net Assets
$1,560,225
Notable Sources of Revenue Percent of Total Revenue
Contributions $987,593
81.0%
Program Services $93,386
7.7%
Investment Income $137,217
11.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $346
0.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $162,260
12.6%
Professional Fundraising Fees $0
Other Salaries and Wages $273,862
21.2%
Assets/Debt
Total Assets $1,678,127
Total Liabilities $117,902
Net Assets $1,560,225
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Courtney Moran (Executive Director Fnd) $126,014 $0 $36,246
Dave Willis (Chairman) $0 $0 $0
Shelli Mccoy (Vice Chairman) $0 $0 $0
Mary Beth Spuck (Treasurer) $0 $0 $0
Stephen Lark (Secretary) $0 $0 $0
Karyn Davis (Trustee) $0 $0 $0
Crystal Long (Trustee) $0 $0 $0
Russell Vest (Trustee) $0 $0 $0
Becky Whitted (Trustee) $0 $0 $0
Debbie Gatlin (Trustee) $0 $0 $0
Andy Reed (Trustee) $0 $0 $0
Brent Rempe (Trustee) $0 $0 $0
Jason Berridge (Trustee) $0 $0 $0
Craig Rohden (Trustee) $0 $0 $0
Kanika Boutte (Trustee) $0 $0 $0
Pam Garrett (Trustee) $0 $0 $0
Tammy Passafiume (Trustee) $0 $0 $0
Gina Wilson (Trustee) $0 $0 $0
Art Hornell (Trustee) $0 $0 $0
Bruce Fox (Trustee) $0 $0 $0
Michael Walls (Trustee) $0 $0 $0
Caroline Willard (President/Ceo Ccul) $0 $731,577 $29,684
Karen Hart Left In April 2021 (Svp Finance And Administration Ccul) $0 $167,321 $9,781
Shoaib Salamat (Executive Vp/Cfo Ccul) $0 $111,104 $25,746

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,083,758
Expenses
$1,207,059
Net Income
-$123,301
Net Assets
$1,631,073
Notable Sources of Revenue Percent of Total Revenue
Contributions $927,699
85.6%
Program Services $0
Investment Income $156,059
14.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $450,537
37.3%
Assets/Debt
Total Assets $1,729,429
Total Liabilities $98,356
Net Assets $1,631,073
Compensation
Key Employees and Officers Compensation Related Other
Art Hornell (Chairman) $0 $0 $0
Becky Whitted (Trustee) $0 $0 $0
Brent Rempe (Advisory Trustee) $0 $0 $0
Courtney Moran (Executive Director) $0 $0 $0
Crystal Long (Trustee) $0 $0 $0
David Dykes (Advisory Trustee) $0 $0 $0
Debbie Gatlin (Trustee) $0 $0 $0
Donna Neal (Vice Chairman) $0 $0 $0
Emily Moreno (Trustee) $0 $0 $0
Phil Dysinger (Trustee) $0 $0 $0
Staci Zale (Trustee) $0 $0 $0
Andy Reed (Trustee) $0 $0 $0
James Boyd (Standing Trustee) $0 $0 $0
Rick Powell (Advisory Trustee) $0 $0 $0
Phillip Crocker (Advisory Trustee) $0 $0 $0
Shelli Mccoy (Secretary) $0 $0 $0
Lisa Wyman (Trustee) $0 $0 $0
Dave Willis (Treasurer) $0 $0 $0
Angie Lutes (Trustee) $0 $0 $0
Marina Garcia (Trustee) $0 $0 $0
Bruce Fox (Advisory Trustee) $0 $0 $0
Tammy Passafiume (Standing Trustee) $0 $0 $0
Pam Garrett (Trustee) $0 $0 $0
Kanika Boutte (Trustee) $0 $0 $0
Stephen Lark (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,049,845
Expenses
$1,281,110
Net Income
-$231,265
Net Assets
$1,754,374
Notable Sources of Revenue Percent of Total Revenue
Contributions $896,444
85.4%
Program Services $0
Investment Income $153,401
14.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $442,814
34.6%
Assets/Debt
Total Assets $1,872,544
Total Liabilities $118,170
Net Assets $1,754,374
Compensation
Key Employees and Officers Compensation Related Other
Art Hornell (Chairman) $0 $0 $0
Becky Whitted (Trustee) $0 $0 $0
Brent Rempe (Advisory Trustee) $0 $0 $0
Courtney Moran (Executive Director) $0 $0 $0
Crystal Long (Trustee) $0 $0 $0
David Dykes (Advisory Trustee) $0 $0 $0
Debbie Gatlin (Trustee) $0 $0 $0
Donna Neal (Vice Chairman) $0 $0 $0
Emily Moreno (Trustee) $0 $0 $0
Phil Dysinger (Trustee) $0 $0 $0
Staci Zale (Trustee) $0 $0 $0
Andy Reed (Trustee) $0 $0 $0
James Boyd (Standing Trustee) $0 $0 $0
Rick Powell (Advisory Trustee) $0 $0 $0
Phillip Crocker (Advisory Trustee) $0 $0 $0
Shelli Mccoy (Secretary) $0 $0 $0
Lisa Wyman (Trustee) $0 $0 $0
Dave Willis (Treasurer) $0 $0 $0
Angie Lutes (Trustee) $0 $0 $0
Marina Garcia (Trustee) $0 $0 $0
Bruce Fox (Advisory Trustee) $0 $0 $0
Tammy Passafiume (Standing Trustee) $0 $0 $0
Pam Garrett (Trustee) $0 $0 $0
Kanika Boutte (Trustee) $0 $0 $0
Stephen Lark (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,086,303
Expenses
$1,018,443
Net Income
$67,860
Net Assets
$1,985,387
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,011,018
93.1%
Program Services $0
Investment Income $113,770
10.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$38,485
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $12,988
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $154,352
15.2%
Assets/Debt
Total Assets $2,096,363
Total Liabilities $110,976
Net Assets $1,985,387

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,902,685
Expenses
$2,997,876
Net Income
-$95,191
Net Assets
$1,917,528
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,818,848
97.1%
Program Services $0
Investment Income $133,782
4.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$49,945
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,487
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $84,300
2.8%
Assets/Debt
Total Assets $2,943,428
Total Liabilities $1,025,900
Net Assets $1,917,528

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$764,577
Expenses
$834,336
Net Income
-$69,759
Net Assets
$2,012,719
Notable Sources of Revenue Percent of Total Revenue
Contributions $643,503
84.2%
Program Services $0
Investment Income $30,415
4.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$15,464
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $106,123
13.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $62,881
7.5%
Assets/Debt
Total Assets $2,071,064
Total Liabilities $58,345
Net Assets $2,012,719

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$824,088
Expenses
$805,326
Net Income
$18,762
Net Assets
$2,146,961
Notable Sources of Revenue Percent of Total Revenue
Contributions $671,893
81.5%
Program Services $0
Investment Income $31,534
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $18,332
2.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $102,329
12.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $64,217
8.0%
Assets/Debt
Total Assets $2,264,528
Total Liabilities $117,567
Net Assets $2,146,961

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$763,980
Expenses
$678,388
Net Income
$85,592
Net Assets
$2,110,030
Notable Sources of Revenue Percent of Total Revenue
Contributions $806,678
> 100%
Program Services $0
Investment Income $25,943
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$68,641
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $70,958
10.5%
Assets/Debt
Total Assets $2,211,030
Total Liabilities $101,000
Net Assets $2,110,030

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$663,818
Expenses
$684,341
Net Income
-$20,523
Net Assets
$2,024,438
Notable Sources of Revenue Percent of Total Revenue
Contributions $643,226
96.9%
Program Services $0
Investment Income $26,703
4.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$6,111
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $61,522
9.0%
Assets/Debt
Total Assets $2,121,245
Total Liabilities $96,807
Net Assets $2,024,438

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$579,323
Expenses
$630,606
Net Income
-$51,283
Net Assets
$1,671,254
Notable Sources of Revenue Percent of Total Revenue
Contributions $600,462
> 100%
Program Services $0
Investment Income $1,857
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$22,996
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $70,422
11.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,810,676
Total Liabilities $139,422
Net Assets $1,671,254

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$666,134
Expenses
$573,574
Net Income
$92,560
Net Assets
$1,722,537
Notable Sources of Revenue Percent of Total Revenue
Contributions $694,209
> 100%
Program Services $0
Investment Income $1,827
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$29,902
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $62,352
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,800,924
Total Liabilities $78,387
Net Assets $1,722,537

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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