Cornerstone Church of Midwest City
How we got $1.9M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Cornerstone Church is a non-denominational congregation in Midwest City, OK, led by Pastors Ron and Carol McKey, serving Midwest City and the greater OKC metro with Sunday services, kids and student programs, and Connect Groups.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CORNERSTONE CHURCH OF MIDWEST CITY this business | $1.9M | — |
| SOLDIER CREEK BAPTIST CHURCH Midwest City · 41 employees | $3.8M | 0.8 mi |
| WORD AFLAME MINISTRIES INC Midwest City · 2 employees | $273K | 1.3 mi |
| COUNTRY ESTATES BAPTIST CHURCH Oklahoma City · 14 employees | $1.4M | 1.9 mi |
| FIRST CHRISTIAN CHURCH OF MIDWEST CITY, OKLAHOMA Oklahoma City · 20 employees | $2.8M | 2.2 mi |
| WORLDWIDE APOSTOLIC REGIME INC Midwest City · 4 employees | $830K | 2.3 mi |
| ST PHILIP NERI CATHOLIC CHURCH Oklahoma City · 29 employees | $5.0M | 2.3 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.3M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $606K |
Calibrated: revenue lowered to 57% of the industry-average estimate, to match what businesses in this industry actually report.
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $399K – $691K |
| Industry (NAICS) | Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- RMRon McKeyPastor · Company website · source
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $108K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cornerstone Church of Midwest City
Cornerstone Church of Midwest City is a churches & nonprofits company in Midwest City, Oklahoma, in business since 2016. Its estimated annual revenue is about $1.9M, with roughly $606K of EBITDA. It has about 10 employees.
Common questions
- Who owns Cornerstone Church of Midwest City?
- The owner of Cornerstone Church of Midwest City isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Cornerstone Church of Midwest City make?
- SeeBITDA estimates Cornerstone Church of Midwest City's annual revenue at about $1.9M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Cornerstone Church of Midwest City have?
- About 10, as reported on its PPP loan.
- When was Cornerstone Church of Midwest City founded?
- Cornerstone Church of Midwest City has been in business since 2016.