CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: CORNERSTONE ASSOCIATION OF MINISTERS AND EDUCATORS INC (EIN 20-0058463)
Tax period: 2015-01-01 to 2015-12-31
Filed: 2016-08-04
IRS object ID: 201632179349300813
Schema version: 2015v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-08-04T07:40:59-07:00	ReturnTs
Tax Period End	2015-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DP FINANCIAL & TAX	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	8282 S MEMORIAL DR STE 102	AddressLine1Txt
City	TULSA	CityNm
State Abbreviation	OK	StateAbbreviationCd
ZIP	741334311	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2015-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	200058463	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CORNERSTONE ASSOCIATION OF MINISTERS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CORN	BusinessNameControlTxt
Phone	9189065753	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	103 MOUNT HAVEN DR	AddressLine1Txt
City	KERRVILLE	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78028	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOEL SAVAGE	PersonNm
Person Title	SECRETARY	PersonTitleTxt
Phone	9189065753	PhoneNum
Signature	2016-05-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	TAMMY L SWEARENGIN EA	PreparerPersonNm
Phone	9183927879	PhoneNum
Preparation	2016-08-04	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2016-12-15 16:53:06Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	KENNETH SAVAGE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	103 MT HAVEN DR	AddressLine1Txt
City	KERRVILLE	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78028	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$70,124	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2003	FormationYr
Legal Domicile State	TX	LegalDomicileStateCd
Activity Or Mission	OUR GOAL IS TO INSTILL AND DEVELOP MORAL CHARACTER IN THE LIVES OF THOSE WE HAVE CHARGE OVER. WE ARE ATTEMPTING TO MODEL INTIMACY WITH FATHER GOD, NOT SOME DEAD RELIGION FULL OF MAN'S TRADITIONS. CHRISTIAN VIRTUE IS THE GOAL.	ActivityOrMissionDesc
Voting Members Governing Body	5	VotingMembersGoverningBodyCnt
Voting Members Independent	1	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	75	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$63,853	PYContributionsGrantsAmt
CY Contributions Grants	$70,124	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$16,703	PYInvestmentIncomeAmt
CY Investment Income	$0	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$80,556	PYTotalRevenueAmt
CY Total Revenue	$70,124	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$22,739	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$20,768	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$41,932	PYOtherExpensesAmt
CY Other Expenses	$49,356	CYOtherExpensesAmt
PY Total Expenses	$64,671	PYTotalExpensesAmt
CY Total Expenses	$70,124	CYTotalExpensesAmt
PY Revenues Less Expenses	$15,885	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$0	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,455	TotalAssetsBOYAmt
Total Assets EOY	$2,677	TotalAssetsEOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,455	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,677	NetAssetsOrFundBalancesEOYAmt
Mission	OUR GOAL IS TO INSTILL AND DEVELOP	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$70,124	ExpenseAmt
Revenue	$70,124	RevenueAmt
Desc	TO HOLD CONFERENCES, CRUSADES, SEMINARS, YOUTH EVENTS, CHILDREN OUTREACHES AND CHURCH MEETINGS IN PERU AND THROUGHOUT THE WORLD; ENCOURAGING BOTH THE SAINTS AND THE LOST, THROUGH THE BIBLE AND THE PROPHETIC, TO BECOME ALL THEY WERE CREATED TO BE IN CHRIST. WE WORK TO UNITE PASTORS TO ACCOMPLISH THE SAME GOALS IN FURTHERING GOD'S KINGDOM. PERU HAS A WHOE GENERATION OF YOUNG PEOPLE WHO ARE DESPERATE FOR THE HEALING LOVE OF JESUS. THE NEED TO GET THE YOUTH OFF OF THE STREETS AND INTO A HEALTHY CHRISTIAN ENVIRONMENT IS CRITICAL.	Desc
Total Program Service Expenses	$70,124	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	false	TempOrPermanentEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	5	GoverningBodyVotingMembersCnt
Independent Voting Member	1	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	false	RegularMonitoringEnfrcInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	OK	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	KENNETH SAVAGE	PersonNm
Phone	9189065753	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	103 MT HAVEN DR	AddressLine1Txt
City	KERRVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	78028	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
GREG WALTER
TRUSTEE	1.00	Yes (X)	$0	$0	$0
GAIL SAVAGE
VICE PRESIDENT	1.00		$0	$0	$0	Yes (X)
KENNETH SAVAGE
PRESIDENT	2.00		$0	$0	$0	Yes (X)
LYNDSAY HIGHTOWER
TRUSTEE	1.00	Yes (X)	$0	$0	$0
JOEL SAVAGE
SECRATARY/TREASURER	1.00		$20,768	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$20,768	TotalReportableCompFromOrgAmt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
All Other Contributions	$70,124	AllOtherContributionsAmt
Total Contributions	$70,124	TotalContributionsAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$70,124	TotalRevenueColumnAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$20,768	TotalAmt
Program Services	$20,768	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	MISSIONS	Desc
Total	$49,356	TotalAmt
Program Services	$49,356	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$70,124	TotalAmt
Program Services	$70,124	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,455	BOYAmt
EOY	$2,677	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,455	BOYAmt
EOY	$2,677	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$2,455	BOYAmt
EOY	$2,677	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,455	BOYAmt
EOY	$2,677	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,455	BOYAmt
EOY	$2,677	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$0	ReconcilationRevenueExpnssAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind
Public Support Total170	$0	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY170	0	PublicSupportCY170Pct

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$48,467	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$38,690	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$44,774	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$63,853	CurrentTaxYearMinus1YearAmt
Current Tax Year	$70,124	CurrentTaxYearAmt
Total	$265,908	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,131,005	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,121,841	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$20,892	CurrentTaxYearMinus2YearsAmt
Total	$2,273,738	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,179,472	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,160,531	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$65,666	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$63,853	CurrentTaxYearMinus1YearAmt
Current Tax Year	$70,124	CurrentTaxYearAmt
Total	$2,539,646	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$2,539,646	PublicSupportTotal509Amt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,277	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,027	CurrentTaxYearMinus3YearsAmt
Total	$3,304	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Total	$2,542,950	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.99870	PublicSupportCY509Pct
Public Support PY509	0.99780	PublicSupportPY509Pct
Investment Income CY	0	InvestmentIncomeCYPct
Investment Income PY	0.00000	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Pt III Ln 12	FormAndLineReferenceDesc
Explanation	Other Income Part III, Line 12 Description: REFUNDS, REIMBURSEMENTS, OTHER 2011: 2277. 2012: 1027. 2013: 0. 2014: 0.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Pt VI, Line 11b	THE PRESIDENT REVIEWS FORM 990 AND ANY QUESTIONS ARE ANSWERED BY THE SECRETARY.
Pt VI, Line 19	IF A REQUEST IS MADE FOR A COPY OF FORM 990, IT IS SENT TO THE INDIVIDUAL OR ORGANIZATION.
Pt VI, Line 8a	THE BOARD DOCUMENTS DECISIONS MADE DURING MEETINGS.
Pt VI, Line 2	KENNETH & GAYLE SAVAGE ARE MARRIED. LYNDSAY HIGHTOWER IS KENNETH SAVAGE'S DAUGHTER. JOEL SAVAGE IS KENNETH SAVAGE'S SON.