Cornerstone Asian Church
Charitable organization · Mississauga, Ontario · BN 842869265RR0001 · Christianity · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($360,083) as filed with the CRA.
Cornerstone Asian Church is a charitable organization based in Mississauga, Ontario, classified by the CRA under christianity. In its fiscal year ending December 31, 2024, it reported $348K in revenue and $360K in expenditures.
Its funding that year was roughly 93% from donations, 7% from other charities. In 2024, 3 other registered charities reported granting it a combined $6,097.
Compared with 14,125 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 35% of peers. Its highest-paid positions fell in the $40,000–79,999 range (2 positions in that band). The charity reported 2 permanent full-time positions.
It reported gifts to 1 qualified donee totalling $100 in 2024, the largest being $100 to The Voice of the Martyrs Inc.. Its filed list of directors and trustees shows 7 names.
In its own words
We hold weekly worship services and sunday school for children. We provide pastoral care and midweek ministries for men women and children. Home bible study groups are also arranged. We produce and broadcast television series for guidance for which phone inquiries are received and appropriate support provided.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $348K | $360K | $292K | — | $100 | $4,816 |
| 2023 | $340K | $355K | $283K | — | — | $0 |
| 2022 | $280K | $315K | $241K | — | — | $26K |
| 2021 | $306K | $279K | $225K | — | — | $60K |
| 2020 | — | $264K | $225K | — | — | $33K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $100 to 1 qualified donee:
Received $6,097 from 3 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9992 positions
- Permanent full-time positions2
- Total compensation, all staff$209K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Peter Paul (president/pastor); Sunil Parshad (board member); Michael Bashir (board member); Pervez Pervez (board member); Haroon Shahid (board member); Zafar Iqbal (treasurer); Paul Jemima (board member).
As listed on its 2024 return.
Check the source
Every figure on this page is from Cornerstone Asian Church’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 842869265RR0001), or read how we compute the receipt.