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Cornerstone Montgomery

Rockville, MD · EIN 52-0937199 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Cornerstone Montgomery reported $34.8 million in revenue and $35.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.76 went to program services, $20.39 to management and general costs and $0.85 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 88.9% of the total. The highest compensation it reported for one person was $342,617 (CHIEF MEDICAL OFFICER). 13 people received more than $100,000 in reportable compensation. Revenue rose 33% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $35M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $35M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
78.8%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
20.4%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.9%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
10.2%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
2.6%3.8%
Program service revenue share
Part VIII 2g ÷ 12
88.9%58.9%
Highest reported compensation
Part VII-A, columns D–F
$342,617$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.98%1.38%
People paid over $100,000
Part VII, line 2
136
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
6.96.8
Independent voting board members
Part VI 1a–1b
22 of 22100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$14M expenses · 50.0% of program spending · grants $390K · revenue $19M

Intensive and specialty services:residential rehabilitation program provides community support, general housing, and intensive housing services. The program is organized to assist people to live as independently as possible through the provision of training, supervision, and assistance in the skills of community living. The program provides evidence-based practices such as dbt (dialectical behavioral therapy), itcod (integrated treatment of co-occurring disorders), and imr (illness management and recovery). Staffing is available at the different sites ranging from drop-in to 24 hours per day.…

$9.1M expenses · 33.1% of program spending · revenue $9.4M

Community services:vocational programs provide vocational services to the supported employment teams and the employment focus clusters. The range of vocational services provided includes vocational assessment and planning services, supported employment job search and coaching services, work adjustment training, job placement, and employee support services.transition age youth services (tay) are provided under the umbrella of the vocational programs. The career transition program provides a unique combination of mental health, career/vocational and educational resources to assist students and…

$4.7M expenses · 16.9% of program spending · revenue $2.1M

Clinic and medical services:clinic provides psychiatric therapy and medication services. The program is organized to provide continuity and integrated care. It offers individual and group treatment modalities. The program uses evidence base practice interventions such as family psychoeducation and itcod. In addition, the individual therapy, group therapy, and medication services are available to anyone in the community in need of such services.health homes program is a part of a state-based effort to improve the health of individuals with chronic health conditions. It supports a broader…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF MEDICAL OFFICER
Key employee, 40.00 hrs/week
$305,061$0$37,556$342,617
PSYCHIATRIST
Highest compensated employee, 40.00 hrs/week
$320,610$0$19,236$339,846
CHIEF EXECUTIVE OFFICER
Officer, 40.00 hrs/week
$242,683$0$27,509$270,192
NURSE PRACTITIONER
Highest compensated employee, 40.00 hrs/week
$185,805$0$20,143$205,948
PSYCHIATRIST
Highest compensated employee, 40.00 hrs/week
$190,389$0$0$190,389
CFO & TREASURER
Officer, 40.00 hrs/week
$149,727$0$26,168$175,895
NURSE PRACTITIONER
Highest compensated employee, 40.00 hrs/week
$174,510$0$0$174,510
PSYCHIATRIST
Highest compensated employee, 40.00 hrs/week
$134,560$0$20,752$155,312

13 people received more than $100,000 in reportable compensation from Cornerstone Montgomery (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.0M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$35M$35M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$35M$35M78.8%$20M$342,617
FY2024 ⓘ$32M$35M77.1%$22M$328,745
FY2023 ⓘ$34M$31M77.0%$25M$265,140
FY2022 ⓘ$27M$27M79.7%$21M$272,857
FY2021 ⓘ$33M$26M79.8%$22M$280,481
FY2020 ⓘ$26M$25M82.3%$15M$283,228

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b22 · 22 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5565
  • Volunteers Part I, line 623

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
D&M QUALITY PAINTINGLLC
Construction material and services
$210,105
BRIGHTCLEAN CORPORATION
Cleaning services
$121,458
FASPSYCHLLC
Remote psychiatric care
$101,553

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Cornerstone Montgomery totaling $3,462 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Cornerstone Montgomery's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Cornerstone Montgomery, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in Maryland

Questions people ask

How much of Cornerstone Montgomery's spending goes to programs?

In the fiscal year ending June 30, 2025, Cornerstone Montgomery reported that 78.8% of its $35.0 million in expenses went to program services, 20.4% to management and general and 0.9% to fundraising (Form 990, Part IX).

How much does Cornerstone Montgomery pay its top executive?

The largest total compensation Cornerstone Montgomery reported for one person in the fiscal year ending June 30, 2025 was $342,617, for the role of CHIEF MEDICAL OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Cornerstone Montgomery get its money?

Of $34.8 million in revenue in the fiscal year ending June 30, 2025, 10.2% came from contributions and grants (including 2.6% from government grants) and 88.9% from program service revenue (Form 990, Part VIII).

Is Cornerstone Montgomery a registered charity?

The IRS lists EIN 52-0937199 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611349349305701 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521329349302282 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349306446 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311289349302456 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349302309 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120989349300837 · read the filing

All filings for EIN 52-0937199: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.