Nonprofit · EIN 36-3289363
CORNERSTONE FOUNDATION INC
Tax-exempt · DES PLAINES, IL 60018
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,640,173 | $1,339,645 | $300,528 | $32,201,550 | $792,873 | $31,408,677 |
| June 30, 2024 | 990 | $3,237,849 | $959,992 | $2,277,857 | $29,632,259 | $540,926 | $29,091,333 |
| June 30, 2023 | 990 | $1,877,324 | $687,957 | $1,189,367 | $24,541,629 | $458,961 | $24,082,668 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $234,658
- Program service revenue
- $0
- Investment income
- $1,405,515
- Net gain from sales of assets
- $512,611
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,200,039
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $25,014
- Accounting fees
- $10,739
- Travel
- $1,914
- Program services (functional)
- $1,200,039
- Management and general (functional)
- $81,537
- Fundraising (functional)
- $58,069
Balance sheet and other
- Total assets, start of year
- $29,632,259
- Total assets, end of year
- $32,201,550
- Total liabilities, end of year
- $792,873
- Net assets, end of year
- $31,408,677
- Publicly traded securities
- $31,772,381
- Net assets without donor restrictions
- $19,387,785
- Net assets with donor restrictions
- $12,020,892
- Gross receipts
- $6,571,813
- Employees
- 0
- Volunteers
- 21
- Year formed
- 1984
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK A STUTRUD | CEO Officer | 1 | $0 | $373,419 | $54,780 |
| DAVID NOVAK | VP OF ADVANCEMENT Officer | 1 | $0 | $211,285 | $23,951 |
| LISA SROGA | VP FINANCE/CFO Officer | 1 | $0 | $227,129 | $2,443 |
| PR MICHEL CLARK | CHAIRPERSON Trustee or director, Officer | 0.4 | $0 | $0 | $0 |
| CAROL A POPLAWSKI | VICE CHAIRPERSON Trustee or director, Officer | 0.4 | $0 | $0 | $0 |
| MARY ANN SMITH | SECRETARY Trustee or director, Officer | 0.4 | $0 | $0 | $0 |
| THOMAS CUNNIFF | TREASURER Trustee or director | 0.4 | $0 | $0 | $0 |
| MARCIA A ANDERSON | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| SUSAN BERNARDI | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| STEPHEN BISHOP | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| PR GREG BUSBOOM | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| WILLIAM BILL S FLECK | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| CONNIE FRANKENFELD | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| PR JOHN FREIDHEIM | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| SUSAN GILPIN | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONALD KOK-ALBLAS | TRUSTEE Trustee or director | 0.4 | $0 |
| NANCY NAGEL | TRUSTEE Trustee or director | 0.4 | $0 |
| ROLAND PERSON | TRUSTEE Trustee or director | 0.4 | $0 |
| CHARLES PRICE | TRUSTEE Trustee or director | 0.4 | $0 |
| PR ART PUOTINEN | TRUSTEE Trustee or director | 0.4 | $0 |
| JON A THEEKE JR | TRUSTEE Trustee or director | 0.4 | $0 |
| MARK TOMAW | TRUSTEE Trustee or director | 0.4 | $0 |
| BONALYNN WALLACH | TRUSTEE Trustee or director | 0.4 | $0 |
| DAVID K WILDS | DIR OF TREASURY SERVICES Officer | 1 | $0 |
990 for the year ended June 30, 2024: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK A STUTRUD | CEO Officer | 1 | $0 | $774,576 | $56,205 |
| DAVID NOVAK | VP OF ADVANCEMENT Officer | 1 | $0 | $198,284 | $27,148 |
| LISA SROGA | VP FINANCE/CFO Officer | 1 | $0 | $214,933 | $7,001 |
| PR MICHEL CLARK | CHAIRPERSON Trustee or director, Officer | 0.4 | $0 | $0 | $0 |
| CAROL A POPLAWSKI | VICE CHAIRPERSON Trustee or director, Officer | 0.4 | $0 | $0 | $0 |
| MARY ANN SMITH | SECRETARY Trustee or director, Officer | 0.4 | $0 | $0 | $0 |
| THOMAS CUNNIFF | TREASURER Trustee or director, Officer | 0.4 | $0 | $0 | $0 |
| MARCIA A ANDERSON | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| SUSAN BERNARDI | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| STEPHEN BISHOP | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| PR GREG BUSBOOM | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| WILLIAM BILL S FLECK | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| CONNIE FRANKENFELD | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| PR JOHN FREIDHEIM | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| SUSAN GILPIN | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| RONALD KOK-ALBLAS | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| NANCY NAGEL | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| ROLAND PERSON | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| CHARLES PRICE | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| PR ART PUOTINEN | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| JON A THEEKE JR | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| MARK TOMAW | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| BONALYNN WALLACH | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| DAVID K WILDS | DIR OF TREASURY SERVICES Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK A STUTRUD | CEO Officer | 1 | $0 | $758,395 | $63,277 |
| DAVID NOVAK | VP OF ADVANCEMENT Officer | 1 | $0 | $179,222 | $26,101 |
| LISA SROGA | VP FINANCE/CFO Officer | 1 | $0 | $199,395 | $3,353 |
| DOTTIE GARRITY EXEC DIR | STRATEGIC INFORMATION (TERM. 09/2022) Officer | 1 | $0 | $120,681 | $7,992 |
| DAVID K WILDS | DIR OF TREASURY SERVICES Officer | 1 | $0 | $0 | $0 |
| PR MICHEL CLARK | CHAIRPERSON Trustee or director, Officer | 0.4 | $0 | $0 | $0 |
| CAROL A POPLAWSKI | VICE CHAIRPERSON Trustee or director, Officer | 0.4 | $0 | $0 | $0 |
| MARY ANN SMITH | SECRETARY Trustee or director, Officer | 0.4 | $0 | $0 | $0 |
| THOMAS CUNNIFF | TREASURER Trustee or director, Officer | 0.4 | $0 | $0 | $0 |
| MARCIA A ANDERSON | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| SUSAN BERNARDI | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| STEPHEN BISHOP | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| PR GREG BUSBOOM | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| WILLIAM BILL S FLECK | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| CONNIE FRANKENFELD | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| PR JOHN FREIDHEIM | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| SUSAN GILPIN | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| RONALD KOK-ALBLAS | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| NANCY NAGEL | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| ROLAND PERSON | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| CHARLES PRICE | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| PR ART PUOTINEN | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| JON A THEEKE JR | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| MARK TOMAW | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| BONALYNN WALLACH | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1001 E TOUHY AVE STE 50, DES PLAINES, IL 60018-5817
- In care of
- % LSSI
- Principal officer (990 for 2024)
- MARK A STUTRUD, 1001 E TOUHY AVENUE 50, DES PLAINES, IL 60018
- Signed the 990
- LISA SROGA, VP OF FINANCE/CFO
- Phone
- (847) 635-4600
- Website
- WWW.LSSI.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
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.
Program accomplishments
- LUTHERAN SOCIAL SERVICES OF ILLINOIS PROGRAM SERVICE GRANTS.Expenses $1,200,039 · grants $1,200,039
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3289363
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P200)
- Group exemption
- 9386: EVANGELICAL LUTHERAN CHURCH IN AMERICA
- Assets (IRS master file)
- $32,201,550
- Income (IRS master file)
- $6,571,813
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,640,173 | $1,339,645 | $32,201,550 | XML |
| 990 | June 2024 | $3,237,849 | $959,992 | $29,632,259 | XML |
| 990 | June 2023 | $1,877,324 | $687,957 | $24,541,629 | XML |
| 990 | June 2022 | $2,125,942 | $630,305 | $21,575,495 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3289363).
Questions about CORNERSTONE FOUNDATION INC
- What is the EIN of CORNERSTONE FOUNDATION INC?
- The employer identification number (EIN) of CORNERSTONE FOUNDATION INC is 36-3289363.
- Is CORNERSTONE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Which annual return does CORNERSTONE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CORNERSTONE FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CORNERSTONE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CORNERSTONE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names MARK A STUTRUD.
- Who are the officers and directors of CORNERSTONE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 24 people; 0 received compensation from the organization.
- How much revenue does CORNERSTONE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,640,173, expenses of $1,339,645 and total assets of $32,201,550 at year end.
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