Cornerstone Assistance Network of North Central Texas
Donations deductibleRevenue
$653k
year to 31 December 2024
Expenses
$699k
year to 31 December 2024
Total assets
$249k
$45k liabilities
Net assets
$204k
assets less liabilities
Directors and trustees
5
5.8 years on average
Staff
23
employees, year to 31 December 2024
Chair observed
≥6 yrs
David Simpson
Left since last filing
0
no seats appear to have opened
Cornerstone Assistance Network of North Central Texas' network
5 people4 organisationsi5 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (4) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| David Simpson Chair | Chairman | 2018 | 8 yrs |
| Heather Lothes | Company secretary | 2024 | 2 yrs |
| Jennifer Lutes | Founder & Exec Director | 2018 | 8 yrs |
| Kerry Carothers | Treasurer | 2019 | 7 yrs |
| Sue Kim | Board Member | 2024 | 2 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Heather Lothes | Secretary | 2 | $0 | ||
| Sue Kim | Board Member | 2 | $0 | ||
| Jennifer Lutes | Founder & Exec Director | 40 | $0 | ||
| Kerry Carothers | Treasurer | 2 | $0 | ||
| David Simpson | Chairman | 2 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Cornerstone Assistance Network of North Central Texas
- EIN
- 272535979
- Address
- Po Box 53, Prosper, TX, 75078-4400
- State
- Texas
- Mission
- To provide financial assistance, clothing. furniture, skills and support to those in need in our local area. (as filed on the Form 990)
- Activity (NTEE)
- P20 Human services
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Human Services
- Size band
- 4 (IRS master file code)
- Formed
- 2010
- Principal officer
- Jennifer Lutes (as named on the Form 990)
- IRS ruling date
- 1 August 2010
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsDavid Simpson
≥8years on the filingsJennifer Lutes
≥7years on the filingsKerry Carothers
≥2years on the filingsHeather Lothes
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $249k
- Total liabilities
- $45k
- Net assets or fund balances
- $204k
- Contributions and grants received
- $359k
- Program service revenue
- $0
- Employees
- 23
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $653k | $699k | Deficit $46k |
As filed on the IRS Form 990. US dollars.