How Much Did Cornerstone Community Outreach Raise?
Funding & Key Investors

Cornerstone Community Outreach (CCO) has successfully secured a significant capital injection, bringing its cumulative financial backing to $836K. This latest infusion of resources, totaling $486K, represents a major strategic investment aimed at bolstering the organization's capacity to address homelessness in Illinois. By leveraging these funds, CCO continues to solidify its position as a critical infrastructure provider for vulnerable populations, ensuring that its long-standing mission of providing shelter and supportive services remains resilient in an evolving economic landscape.

What is Cornerstone Community Outreach?

Cornerstone Community Outreach
OrganizationsNon-Profit & Charitable Organizations

Based in Illinois, Cornerstone Community Outreach operates as a specialized nonprofit entity dedicated to the mitigation of homelessness through comprehensive support systems. With a legacy spanning over 35 years, the organization provides essential services including 24/7 emergency shelter, nutritional support via food pantries, and resource distribution. CCO distinguishes itself through a high-touch case management model, which facilitates the transition of families and individuals from temporary housing to permanent residential stability. The organization functions as a vital community hub, integrating volunteerism and philanthropic support to maintain its operational continuity and service delivery standards.

How much funding has Cornerstone Community Outreach raised?

Cornerstone Community Outreach has raised a total of $836K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$486K

Debt (2020): $350K with participation from PPP

Debt (2021): $486K led by PPP

Key Investors in Cornerstone Community Outreach

PPP

Public-Private Partnership

What's next for Cornerstone Community Outreach?

With the recent influx of capital, Cornerstone Community Outreach is positioned to scale its operational footprint and enhance its case management capabilities. The strategic deployment of these funds will likely focus on optimizing shelter efficiency and expanding the reach of its supportive services to meet rising demand. As the organization navigates its current lifecycle stage, the focus remains on long-term sustainability and the refinement of its transition-to-housing programs. By strengthening its financial foundation, CCO is better equipped to implement data-driven interventions that address the root causes of housing instability, ultimately fostering greater community resilience and long-term social impact.

See full Cornerstone Community Outreach company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Organizations industry

Non-Profit & Charitable OrganizationsOrganizations
Non-Profit & Charitable OrganizationsOrganizations
Membership OrganizationsOrganizationsConsumer ServicesNon-Profit & Charitable OrganizationsChildcareFitness & Dance FacilitiesHospitality
Non-Profit & Charitable OrganizationsOrganizations

Frequently Asked Questions Regarding Cornerstone Community Outreach Financial Insights

What are the most recent funding rounds that Cornerstone Community Outreach has completed, and what were the funding rounds?
Cornerstone Community Outreach has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Cornerstone Community Outreach has raised to date?
Cornerstone Community Outreach has raised a total of $836K in funding to date.
How many funding rounds has Cornerstone Community Outreach completed?
Cornerstone Community Outreach has completed 2 funding rounds.
How much funding did Cornerstone Community Outreach raise in its most recent funding round?
Cornerstone Community Outreach raised $486K in its most recent funding round.
Who are the lead investors in Cornerstone Community Outreach's latest funding round?
The lead investor in Cornerstone Community Outreach's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cornerstone Community Outreach's history?
The largest funding round in Cornerstone Community Outreach's history was $486K.
See more information about Cornerstone Community Outreach