Cornerstone West Community Dev Corp logo

Cornerstone West Community Dev Corp

WILMINGTON, DE EIN: 51-0387484 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.6M

+0.0% YoY

Revenue

$1.3M

+13.6% YoY

Net Investment Income

Expenses

$1.6M

-6.3% YoY

About Cornerstone West Community Dev Corp

Based on IRS filings

Cornerstone West Community Dev Corp is a nonprofit organization focused on Housing & Shelter, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.6M in total assets.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

DoverWilmington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$468K$936K$1M$2M20202021202220232024
Metric202420232022
Total Assets$4,649,354$4,648,927$4,545,055
Revenue$1,340,622$1,179,736$1,403,158
Expenses$1,596,122$1,702,663$1,662,471
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K3 grants20203 grants20212 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

4 open opportunities from Cornerstone West Community Dev Corp

Show all 4 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

SARAH LESTERPRESIDENT & CEO$85KPAUL F CALISTRO JRDIRECTOR$19K

From 2024 filing

NameTitleHoursCompensation
SARAH LESTERPRESIDENT & CEO40$84,884
JOE WESTCOTTCHAIRPERSON1
ALYSSA PIETROBONOVICE CHAIRPERSON1
PAUL F CALISTRO JRDIRECTOR10$18,528
JOSHUA J NOVAKDIRECTOR1
DAVID KIMDIRECTOR1
DA'SHON JONESDIRECTOR1
DAMALI THOMASDIRECTOR1
ANDREW DISABATINODIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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