Cornerstone University

Education organization based in Grand Rapids, MI. 1,117 employees. Exempt under §501(c)(3).

MissionThe University, including Cornerstone Theological Seminary, Asia Biblical Theological Seminary, and radio ministries, exists to empower men and women to excel as influencers in our world for Christ by offering a student focused learning community where Jesus Christ is central.

Financial snapshot · TY 2024

$47.2M
Total revenue
$48.2M
Total expenses
$106.6M
Net assets

Financial health · TY 2024

64
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
71
12.8 months of expenses
Program efficiency
65
76% spent on programs
Revenue diversity
46
Mix of program fees, grants & contributions

Leadership compensation

$381,329
72th percentile vs. peers
Heidi Cece
VP Chief of Staff
$250,796
77th percentile vs. peers
$250,582
71th percentile vs. peers
Scott Stewart
Controller & Advancement Officer
$208,253
71th percentile vs. peers
Donald King
VP for Strategic Initiatives
$207,847
77th percentile vs. peers

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