Public Charity

CORNERSTONE ASSISTED LIVING INC

Based in ST LOUIS, MO, CORNERSTONE ASSISTED LIVING INC operates as a Public Charity. The organization reported $16.7M in revenue, $16.9M in expenses, $15.8M in total assets for fiscal year 2025. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $13K.

EIN: 481241079 ST LOUIS, MO Supportive Housing for Older Adults NTEE: P75 Latest filing: 2025
Total Revenue$16.7M
Total Expenses$16.9M
Total Assets$15.8M
Grant Records2
Funding Total$13K
Filing Years2021–2025

Mission

ROOTED IN THE LOVING MINISTRY OF JESUS AS HEALER, WE COMMIT OURSELVES TO SERVING ALL PERSONS WITH SPECIAL ATTENTION TO THOSE WHO ARE POOR AND VULNERABLE. OUR CATHOLIC HEALTH MINISTRY IS DEDICATED TO SPIRITUALLY-CENTERED, HOLISTIC CARE WHICH SUSTAINS AND IMPROVES THE HEALTH OF INDIVIDUALS AND COMMUNITIES. WE ARE ADVOCATES FOR A COMPASSIONATE AND JUST SOCIETY THROUGH OUR ACTIONS AND OUR WORDS.

Where $100 goes at Cornerstone Assisted Living Inc

How Cornerstone Assisted Living Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$76 Programs the work itself
$24 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $76 for programs

$76
The filing organization is a part of the ascension catholic health ministry
All program spending · Reported in the filing: 80 beds; 63 beds; 37 beds
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2023
GENERAL SUPPORT
$13,122

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

EXECUTIVE DIRECTOR Cynthia D Davenport
VP POST ACUTE & AT-HOME SERVICES & CEO/SECRETARY Erin Shadbolt
DIRECTOR/CHIEF MISSION INTEGRATION OFFICER Kenneth R Smoot
SENIOR VP, POST-ACUTE AND AT-HOME SERVICES/CHAIR Lisa Ann Musgrave Mha Bsn Rn
EXECUTIVE DIRECTOR (END 10/2024) Lisa K Smading
AVP OF FINANCE, ASCENSION LIVING (START 5/2025) Margaret Vaughan

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$13,122 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $16.7M $16.9M $15.8M
2024 $15.8M $16.0M $16.8M
2023 $13.8M $15.1M $17.0M
2022 $12.7M $14.1M $17.5M
2021 $11.5M $13.0M $18.9M

Between 2021 and 2025, reported annual revenue grew from $11.5M to $16.7M (+45%), with total assets most recently reported at $15.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CORNERSTONE ASSISTED LIVING INC

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