Cornerstone of Topeka Inc

Topeka, KS   |  HTTP://CORNERSTONEOFTOPEKA.ORG

Mission

ALL CORNERSTONE EFFORTS ARE DIRECTED TOWARD INTERRUPTING THE CYCLE OF HOMELESSNESS, PROVIDING DECENT, SAFE, ACCESSIBLE AND AFFORDABLE HOUSING OF CHOICE TO MODERATE AND LOW-INCOME HOUSEHOLDS, AND REVITALIZING TOPEKA NEIGHBORHOODS.

Ruling year info

1987

Principal Officer

CHRISTOPHER PALMER

Main address

1195 SW Buchanan St Ste 103

Topeka, KS 66604 United States

EIN

48-1021157

NTEE code info

Housing Development, Construction, Management (L20)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

What we aim to solve

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Our programs

SOURCE: IRS Form 990

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

A COMBINED TRANSITIONAL HOUSING PROGRAM (THP) AND AFFORDABLE HOUSING PROGRAM (AHP) CURRENTLY ARE OPERATED AS ONE PROGRAM BY THE ORGANIZATION.TRANSITIONAL HOUSING PROGRAM (THP) - PROVIDES TEMPORARY HOUSING (UP TO 6 MONTHS) TO HOMELESS PERSONS AND FAMILIES WITH CHILDREN IN ORDER TO HELP THEM OBTAIN PERMANENT HOUSING. ADMISSION TO THE PROGRAM IS BY REFERRAL FROM A SHELTER OR SOCIAL SERVICE AGENCY. SELECTION CRITERIA APPLY. THE PROGRAM IS TARGETED TO BREAKING THE CYCLE OF HOMELESSNESS.AFFORDABLE HOUSING PROGRAM (AHP) - HAS AN INVENTORY OF OVER 160 UNITS OF BELOW-MARKET RENTAL HOUSING. (SEE SCHEDULE O) ALL OF THE HOMES AND APARTMENTS ARE RENT-RESTRICTED, AND AVAILABLE ONLY TO LOW-INCOME HOUSEHOLDS EARNING AT OR BELOW 80% OF AREA MEDIAN INCOME. SOME UNITS ARE FURTHER RESTRICTED TO LOWER INCOME, OR FOR SPECIAL NEEDS SUCH AS HOMELESS OR DISABLED. WHILE HOME OWNERSHIP OPPORTUNITIES ARE NO LONGER A PRIMARY ACTIVITY OF CORNERSTONE, THE ORGANIZATION WILL CONSIDER PURCHASE OF ITS HOMES BY QUALIFIED TENANTS.

Expenses
$954,122
Revenue
$926,614

Where we work

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Financials

Cornerstone of Topeka Inc
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Operations

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This organization has no recorded board members.