Michigan · Nonprofit
CORNERSTONE ALLIANCE
CORNERSTONE ALLIANCE (Michigan) receives grants from 13 organizations whose IRS filings report $2,693,536 to it, the largest being FETTIG FAMILY FOUNDATION ($1,165,500). 9 of them have funded it in more than one year.
- Revenue FY2024
- $3.7M
- Funders on record
- 13
- Grants received
- $2.7M
- Net assets
- $5.7M
What Cornerstone Alliance does
Mission
Cornerstone Alliance delivers customer-focused economic development solutions through partnerships that grow employment opportunities, increase the tax base and add to the economic vibrancy of michigan's great southwest.
As stated on its FY2024 Form 990.
Program
Cornerstone Alliance is an economic development organization (edo) engaged in activities to improve the economic performance of michigan's great southwest. The 2022-2024 strategic plan is focused on four initiatives: economic growth, physical development, community leadership and organizational development.
$2,951,392 spentof which $54,898 as grants$198,573 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $2,951,392.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $11M to $7.7M (−30%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 6% · 2018 35% · 2019 10% · 2020 24% · 2021 19% · 2022 15% · 2023 5% · 2024 37%. Grants only. Government contracts and fees sit inside program revenue.
91% of CORNERSTONE ALLIANCE’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Robert Cleveland
President/CEO - part year
Board chair
John Janick
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 10 funders, grant income rose $167k → $346k.
5 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $12M from 3 payers (the payer shares this organization's board, largest Whirlpool Foundation). These are real filings, and they are not money CORNERSTONE ALLIANCE raised.
From the IRS filings of CORNERSTONE ALLIANCE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CORNERSTONE ALLIANCE leans on a few funders — its largest provides 43% of grant income and the top three 82%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
28% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CORNERSTONE ALLIANCE.
Largest funder’s share by year: 2017 48% · 2018 91% · 2019 53% · 2020 49% · 2021 52% · 2022 34% · 2023 43% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
71% of CORNERSTONE ALLIANCE's funders are still giving 3 years after their first grant; 69% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
95% of CORNERSTONE ALLIANCE's grant income comes from Michigan funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $654k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CORNERSTONE ALLIANCE is better cushioned than half of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding CORNERSTONE ALLIANCE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.6M on record.
- Small Business Administration$2.1M
- Department of Agriculture$226k
- Department of Housing and Urban Development$200k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like CORNERSTONE ALLIANCE
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Michigan
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Public support
43%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 4 related entities
- Renaissance Development Land Company LLC · disregarded
- Cornerstone Sand Creek Development Co LLC · disregarded
- Renaissance Development Fund · exempt
- Cornerstone Public Asset Fund Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for CORNERSTONE ALLIANCE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CORNERSTONE ALLIANCE?
- CORNERSTONE ALLIANCE (Michigan) receives grants from 13 organizations whose IRS filings report $2,693,536 to it, the largest being FETTIG FAMILY FOUNDATION ($1,165,500). 9 of them have funded it in more than one year.
- How many funders does CORNERSTONE ALLIANCE have?
- IRS filings report 13 organizations giving $2,693,536 in grants to CORNERSTONE ALLIANCE, 9 of which have funded it in more than one year.
- Who is the largest funder of CORNERSTONE ALLIANCE?
- FETTIG FAMILY FOUNDATION is the largest funder on record, with $1,165,500 in grants. The full list of funders is on this page.
- How can an organization like CORNERSTONE ALLIANCE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing