Cornerstone Baptist Church Inc
Charitable organization · Carbonear, Newfoundland and Labrador · BN 886642198RR0001 · Christianity · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($44,558) as filed with the CRA.
Cornerstone Baptist Church Inc is a charitable organization based in Carbonear, Newfoundland and Labrador, classified by the CRA under christianity. In its fiscal year ending December 31, 2024, it reported $61K in revenue and $45K in expenditures.
Its funding that year was roughly 100% from donations. In 2020, 8 other registered charities reported granting it a combined $13K.
Compared with 13,471 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 78% of peers. The charity reported 1 permanent full-time position.
Revenue has grown substantially over its filings on record here, from $40K in 2020 to $61K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Sunday school children. Worship services from 10am to 11:30am. Kids corner & teens summer camp. Teen & family camp. Fall fest. Ladies meeting. Various outreach ministries to our communities. Annual pastor's fellowship & anniversary services.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $61K | $45K | $45K | — | — | — |
| 2023 | $41K | $56K | $56K | — | — | $220K |
| 2022 | $46K | $54K | $54K | — | — | $219K |
| 2021 | $31K | — | — | — | — | $228K |
| 2020 | $40K | — | — | — | — | $219K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2020
Received $13K from 8 charities:
- Golden Plains Baptist Church Inc$2,769
- Victory Baptist Church of Langley British Columbia Canada$2,525
- Vaughan Baptist Church$2,050
- Faithway Baptist Church$1,875
- The Trustees of the Fundamental Baptist Church of Lancaster$1,350
- Victory Baptist Church$1,225
- Lighthouse Baptist Church$500
- Bethany Independent Baptist Church Inc.$400
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Permanent full-time positions1
- Total compensation, all staff$15K
Schedule 3 of its 2020 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2022)
Mathaniel Minion (pastor); Jeff Jacobs (trustee); David Martin (treasurer).
As listed on its 2022 return.
Check the source
Every figure on this page is from Cornerstone Baptist Church Inc’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 886642198RR0001), or read how we compute the receipt.