Cornerstone United Methodist Church
How we got $2.8M
Based on its 27 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Cornerstone United Methodist Church is a church in Oklahoma City that invites people to join its worship services and small groups. It offers programs and a Sunday morning worship service at 10:45am.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CORNERSTONE UNITED METHODIST CHURCH this business | $2.8M | — |
| NORTHWEST BAPTIST CHURCH Oklahoma City · 6 employees | $668K | 0.3 mi |
| CRESTWOOD VINEYARD CHURCH Oklahoma City · 6 employees | $595K | 0.8 mi |
| THE BAPTIST CONVENTION OF THE STATE OF OKLAHOMA Oklahoma City · 153 employees | $39.0M | 0.9 mi |
| CATHEDRAL OF HOPE OKLAHOMA CITY Oklahoma City · 2 employees | $146K | 1.1 mi |
| THE PARISH CHURCH Oklahoma City · 4 employees | $561K | 1.2 mi |
| OKLAHOMA JAIL & PRISON MINISTRIES Oklahoma City · 16 employees | $261K | 1.2 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.3M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $829K |
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 | $1.8M – $3.2M |
| EBITDA range | $545K – $945K |
| Industry (NAICS) | Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110) |
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
“On Pentecost in 2013, two long-standing United Methodist churches (May Avenue and Ridgecrest) merged to become Cornerstone.”
Leadership
Advisors
- BankingMidFirst BankPPP / 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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $83K | 27 |
| 2/3/2021 | second | $83K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cornerstone United Methodist Church
Cornerstone United Methodist Church is a churches & nonprofits company in Oklahoma City, Oklahoma, in business since 2013. Its estimated annual revenue is about $2.8M, with roughly $829K of EBITDA. It has about 27 employees.
Common questions
- Who owns Cornerstone United Methodist Church?
- The owner of Cornerstone United Methodist Church 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 United Methodist Church make?
- SeeBITDA estimates Cornerstone United Methodist Church's annual revenue at about $2.8M (likely between $1.8M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Cornerstone United Methodist Church have?
- About 27, as reported on its PPP loan.
- When was Cornerstone United Methodist Church founded?
- Cornerstone United Methodist Church has been in business since 2013.