Nonprofit · EIN 59-2915060
CORNERSTONE HOSPICE FOUNDATION INC
Tax-exempt · TAVARES, FL 32778
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,332,192 | $1,911,051 | $421,141 | $10,176,634 | $1,144,954 | $9,031,680 |
| December 31, 2023 | 990 | $3,327,692 | $2,640,263 | $687,429 | $10,538,959 | $2,613,057 | $7,925,902 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,814,329
- of which government grants
- $56,000
- Program service revenue
- $0
- Investment income
- $558,994
- Net gain from sales of assets
- $274,235
- Net income from fundraising events
- -$41,131
- Other revenue
- -$41,131
Expenses
- Grants and similar amounts paid
- $1,000,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,720
- Accounting fees
- $4,511
- Travel
- $5,850
- Depreciation
- $4,525
- Program services (functional)
- $1,851,051
- Management and general (functional)
- $60,000
Balance sheet and other
- Total assets, start of year
- $10,538,959
- Total assets, end of year
- $10,176,634
- Total liabilities, end of year
- $1,144,954
- Net assets, end of year
- $9,031,680
- Land, buildings and equipment
- $83,682
- Publicly traded securities
- $9,605,525
- Net assets without donor restrictions
- $2,590,742
- Net assets with donor restrictions
- $6,440,938
- Gross receipts
- $5,616,202
- Employees
- 0
- Volunteers
- 58
- Year formed
- 1988
- State of legal domicile
- FL
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Adam Kamus | Chair Trustee or director, Officer | 2 | $0 |
| Gregory Collier | Secretary Trustee or director, Officer | 2 | $0 |
| Heath Nailos | Immediate Past Chair Trustee or director, Officer | 2 | $0 |
| Kyle Clapper | VICE CHAIR & Treasurer Trustee or director, Officer | 1 | $0 |
| Beth Hunt | DIRECTOR Trustee or director | 1 | $0 |
| Lynn Walker Wright | DIRECTOR Trustee or director | 1 | $0 |
| Reba Mazak | DIRECTOR Trustee or director | 1 | $0 |
| Rich Barry | Director Trustee or director | 1 | $0 |
| Trey Dyer | DIRECTOR Trustee or director | 1 | $0 |
| TODD A WEBB | CHIEF FINANCIAL OFFICER Officer | 2 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Adam Kamus | Vice Chair Trustee or director, Officer | 2 | $0 |
| Heath Nailos | Chair Trustee or director, Officer | 2 | $0 |
| Jim Purvis | Treasurer (Through 12/2023) Trustee or director, Officer | 2 | $0 |
| ROBERT C FROSS | Secretary (Through 9/2023) Trustee or director, Officer | 1 | $0 |
| Beth Hunt | DIRECTOR Trustee or director | 1 | $0 |
| Josann Newell | DIRECTOR Trustee or director | 1 | $0 |
| Kathryn Koch | DIRECTOR (Through 4/2023) Trustee or director | 1 | $0 |
| Kyle Clapper | DIRECTOR Trustee or director | 1 | $0 |
| Lynn Walker Wright | DIRECTOR Trustee or director | 1 | $0 |
| Reba Mazak | DIRECTOR Trustee or director | 1 | $0 |
| Rich Barry | Director Trustee or director | 1 | $0 |
| Scott Gerken | Immediate past Chair Trustee or director | 2 | $0 |
| Trey Dyer | DIRECTOR Trustee or director | 1 | $0 |
| CHARLES O LEE | CHIEF ADMINISTRATIVE OFFICER (THROUGH 6/2023) Officer | 2 | $0 |
| Todd A Webb | CHIEF FINANCIAL OFFICER Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2445 LANE PARK RD, TAVARES, FL 32778-9648
- In care of
- % THOMAS GRIMMER
- Principal officer (990 for 2024)
- Todd Webb, 12470 Telecom Drive Suite 301, Temple Terrace, FL 33637
- Signed the 990
- Todd Webb, CFO
- Phone
- (352) 742-6819
- Return prepared by
- CROWE LLP
Mission
The mission of the Cornerstone Hospice Foundation is to provide the critical resources both financial and in-kind to encourage and promote the delivery of exceptional, post-acute care to those in need irrespective of personal capacity.
Program accomplishments
- Cornerstone Hospice Foundation Inc. is a not for profit organization that was formed to provide financial support to Cornerstone Hospice & Palliative Care, Inc. The organization accepts donations from the public and the net proceeds of these various activities flow to COR to support its end-of-life hospice services.Expenses $1,851,051 · grants $1,000,000
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-2915060
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P740)
- Assets (IRS master file)
- $10,176,634
- Income (IRS master file)
- $5,616,202
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,332,192 | $1,911,051 | $10,176,634 | XML |
| 990 | December 2023 | $3,327,692 | $2,640,263 | $10,538,959 | XML |
| 990 | December 2022 | $961,785 | $1,511,006 | $13,105,079 | IRS |
| 990 | September 2022 | $3,740,202 | $6,881,695 | $12,064,961 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 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 59-2915060).
Questions about CORNERSTONE HOSPICE FOUNDATION INC
- What is the EIN of CORNERSTONE HOSPICE FOUNDATION INC?
- The employer identification number (EIN) of CORNERSTONE HOSPICE FOUNDATION INC is 59-2915060.
- Is CORNERSTONE HOSPICE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to CORNERSTONE HOSPICE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORNERSTONE HOSPICE 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 HOSPICE FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CORNERSTONE HOSPICE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CORNERSTONE HOSPICE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Todd Webb.
- Who are the officers and directors of CORNERSTONE HOSPICE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does CORNERSTONE HOSPICE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,332,192, expenses of $1,911,051 and total assets of $10,176,634 at year end.
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