THE CORNERSTONE FOUNDATION INC C/O LUTHERAN SOCIAL SERVICES OF ILLINOIS Charity Report

Public IRS 990 nonprofit record

THE CORNERSTONE FOUNDATION INC C/O LUTHERAN SOCIAL SERVICES OF ILLINOIS

EIN 36-3289363 · Human Services (P200)

What they do

RESPONDING to THE GOSPEL, THE CORNERSTONE FOUNDATION is THE ENDOWMENT ENSURING THE MINISTRIES and FUTURE of LUTHERAN SOCIAL SERVICES of ILLINOIS (LSSI). THE CORNERSTONE FOUNDATION is RESPONSIBLE for DEVELOPING ACTIVE SUPPORT for THE SOCIAL SERVICES PROVIDED BY LSSI. LSSI TOUCHES THE LIVES of TENS of THOUSANDS of PEOPLE EACH YEAR, SERVING PEOPLE of ALL AGES, RACES, RELIGIOUS, and ECONOMIC CIRCUMSTANCES. LSSI HAS MORE THAN 190 PROGRAMS AT MORE THAN 80 SITES IN THE STATE of ILLINOIS. THESE PROGRAMS CARE for SENIOR ADULTS, STRENGTHEN FAMILIES, HELP CHILDREN and ADULTS DURING TIMES of CRISIS, and ASSIST THOSE WHO HAVE CHALLENGES RELATED to DEVELOPMENTAL DISABILITIES or ADDICTION PROBLEMS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

73.17%of revenue went to mission work89.6% of expenses · Program services

3.54%of revenue went to fundraising4.3% of expenses

$81.68spent for every $100 of revenueRevenue covered expenses this year.

4.97%of revenue went to management and office costs6.1% of expenses

$24.04in assets for every $1 spent this yearSome assets cannot be spent right away.

14.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $54,780 for MARK A STUTRUD (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,640,173

Mission workProgram services$1,200,03973.17% of revenue89.6% of expenses

ManagementOffice and general costs$81,5374.97% of revenue6.1% of expenses

FundraisingAsking for donations$58,0693.54% of revenue4.3% of expenses

Revenue left after expensesReported annual surplus$300,52818.32% of revenueShown in gray on the chart

Total expenses$1,339,64581.68% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.6% mission · 6.1% management · 4.3% fundraisingTotal expenses: 81.68% of revenue

2023Expense mix: 88.5% mission · 6.5% management · 4.9% fundraisingTotal expenses: 29.65% of revenue

2022Expense mix: 84.4% mission · 10.2% management · 5.4% fundraisingTotal expenses: 36.65% of revenue

2021Expense mix: 88.6% mission · 4.5% management · 6.9% fundraisingTotal expenses: 29.65% of revenue

2020Expense mix: 80.6% mission · 6.4% management · 13.0% fundraisingTotal expenses: 60.17% of revenue

2019Expense mix: 87.8% mission · 3.8% management · 8.4% fundraisingTotal expenses: 161.31% of revenue

2018Expense mix: 93.8% mission · 0.4% management · 5.8% fundraisingTotal expenses: 116.53% of revenue

2017Expense mix: 88.9% mission · 11.1% management · 0.0% fundraisingTotal expenses: 290.69% of revenue

Money in and money out

Revenue$1,640,173

Expenses$1,339,645

Annual surplus $300,528 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,200,039 · 89.6% of expenses

Management and office costs$81,537 · 6.1% of expenses

Fundraising$58,069 · 4.3% of expenses

See all reported dollar amounts

Revenue$1,640,173

Expenses$1,339,645

Assets$32,201,550

Income$6,571,813

Contributions$234,658

Mission work (program services)$1,200,039

Fundraising$58,069

Grants given$6,771,997

Average grant$677,200

Management and general$81,537

Stocks and bonds$31,772,381

Accounting fees$10,739

Investing fees$45,540

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARK A STUTRUDCEO · 1 hrs/week $54,780Base · Other $54,780

DAVID NOVAKVP OF ADVANCEMENT · 1 hrs/week $23,951Base · Other $23,951

LISA SROGAVP FINANCE/CFO · 1 hrs/week $2,443Base · Other $2,443

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

MARK A STUTRUDCEO

DAVID NOVAKVP OF ADVANCEMENT

LISA SROGAVP FINANCE/CFO

NANCY NAGELTRUSTEE

WILLIAM BILL S FLECKTRUSTEE

THOMAS CUNNIFFTREASURER

SUSAN GILPINTRUSTEE

SUSAN BERNARDITRUSTEE

STEPHEN BISHOPTRUSTEE

RONALD KOK-ALBLASTRUSTEE

ROLAND PERSONTRUSTEE

PR MICHEL CLARKCHAIRPERSON

PR JOHN FREIDHEIMTRUSTEE

PR GREG BUSBOOMTRUSTEE

PR ART PUOTINENTRUSTEE

BONALYNN WALLACHTRUSTEE

MARY ANN SMITHSECRETARY

MARK TOMAWTRUSTEE

MARCIA A ANDERSONTRUSTEE

JON A THEEKE JRTRUSTEE

DAVID K WILDSDIR OF TREASURY SERVICES

CONNIE FRANKENFELDTRUSTEE

CHARLES PRICETRUSTEE

CAROL A POPLAWSKIVICE CHAIRPERSON

About this charity

Recognized since: January 1988
Location: 1001 E TOUHY AVE STE 50, DES PLAINES, IL 60018-5817
County: Cook
In care of: % LSSI
Primary officer: LISA SROGA, VP OF FINANCE/CFO

How to reach them

WebsiteVisit the charity’s website Phone(847) 635-4600

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Human Services (P200)
Grant-giving organization: Yes