Delaware · Nonprofit
CORNERSTONE WEST COMMUNITY DEV CORP
CORNERSTONE WEST COMMUNITY DEV CORP (Delaware) receives grants from 15 organizations whose IRS filings report $2,087,728 to it, the largest being DELAWARE COMMUNITY FOUNDATION INC ($751,942). 5 of them have funded it in more than one year.
- Revenue FY2025
- $3.1M
- Funders on record
- 15
- Grants received
- $2.1M
- Net assets
- $2.3M
What Cornerstone West Community Dev Corp does
Mission
Cornerstone west cdc's mission is to build affordable housing to meet the needs of the new castle county residents and to serve as a proactive catalyst for community revitalization.
As stated on its FY2025 Form 990.
Programs
Community engagement & development - cornerstone west cdc is leading the revitalization activities on the west side of wilmington, including a 10 year plan to improve area parks, as well as create opportunities for youth within the city of wilmington.
$437,591 spentof which $98,999 as grants32% of program spendingEconomic development - cornerstone west cdc implements programs to support existing businesses, attract new businesses, and make the west side a destination. The type of work includes small business development, technical assistance, and commercial corridor improvement strategies. Cornerstone partners with local organizations to implement successful models from the west side of wilmington, in other parts of wilmington, and in the state.
$423,396 spentof which $234,298 as grants31% of program spendingHousing - cornerstone west cdc is an affordable housing developer building housing for first-time homebuyers and rental housing for special needs populations, including youth aging out of foster care. In addition, cornerstone's housing programs include rental housing for 6 families in new castle county and a homebuyer repair program, focusing primarily on seniors to help them age in place in the west side of wilmington.
$510,376 spentof which $157,631 as grants37% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,371,363.
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 2021 to 2022, from $3.7M to $4.5M (+24%).
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 36% · 2018 68% · 2019 129% · 2020 12% · 2021 8% · 2022 31% · 2023 45% · 2024 58% · 2025 63%. Grants only. Government contracts and fees sit inside program revenue.
79% of CORNERSTONE WEST COMMUNITY DEV CORP’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 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
Sarah Lester
President & CEO
Board chair
Alyssa Pietrobono
Chairperson
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 7 funders, grant income rose $30k → $335k.
2 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 38% 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: $206k from one payer (the payer shares this organization's board, largest West End Neighborhood House Inc). These are real filings, and they are not money CORNERSTONE WEST COMMUNITY DEV CORP raised.
From the IRS filings of CORNERSTONE WEST COMMUNITY DEV CORP’s funders (the co-funder graph). Top 14 of 15 funders by total. 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 WEST COMMUNITY DEV CORP leans on a few funders — its largest provides 36% of grant income and the top three 80%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
76% 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 WEST COMMUNITY DEV CORP.
Largest funder’s share by year: 2017 100% · 2018 93% · 2019 100% · 2020 44% · 2021 31% · 2022 41% · 2023 64% — 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
29% of CORNERSTONE WEST COMMUNITY DEV CORP's funders are still giving 3 years after their first grant; 33% 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
61% of CORNERSTONE WEST COMMUNITY DEV CORP's grant income comes from Delaware funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $802k arriving through sponsors registered in 2 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 WEST COMMUNITY DEV CORP runs a healthier operating margin than three-quarters of the 2,367 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 2,367 housing & shelter nonprofits $1M–$10M, FY2025
Government funding CORNERSTONE WEST COMMUNITY DEV CORP receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.7M on record.
- Department of Housing and Urban Development$1.6M
- Small Business Administration$1.1M
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 WEST COMMUNITY DEV CORP
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 Delaware
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
99%
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 1 related entity
- West End Neighborhood House Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for CORNERSTONE WEST COMMUNITY DEV CORP: 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 WEST COMMUNITY DEV CORP?
- CORNERSTONE WEST COMMUNITY DEV CORP (Delaware) receives grants from 15 organizations whose IRS filings report $2,087,728 to it, the largest being DELAWARE COMMUNITY FOUNDATION INC ($751,942). 5 of them have funded it in more than one year.
- How many funders does CORNERSTONE WEST COMMUNITY DEV CORP have?
- IRS filings report 15 organizations giving $2,087,728 in grants to CORNERSTONE WEST COMMUNITY DEV CORP, 5 of which have funded it in more than one year.
- Who is the largest funder of CORNERSTONE WEST COMMUNITY DEV CORP?
- DELAWARE COMMUNITY FOUNDATION INC is the largest funder on record, with $751,942 in grants. The full list of funders is on this page.
- How can an organization like CORNERSTONE WEST COMMUNITY DEV CORP find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Delaware. 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 FY2025 (financials across 2017–2025), and the filings of 15 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 22, 2026. What this page cannot tell you · view filing