Efforts are now made towards encouraging companies to respond to environmental and social issues in their host communities. This research evaluates the impact of Corporate Social Responsibility (CSR) on stakeholders of Rubber Research Institute in Gashua-Nigeria. The paper is anchored on the Stakeholder Theory as propounded by Freeman. The data for the study was sourced through primary and secondary means. The study revealed that, the Institute provided corporate activities for the host community in the areas of staff and farmers training. The institute has however failed to extend its services to the area of providing education and health facilities for the host community. The study concluded that, the institutes CSR has helped to enhance healthy relationship between the host communities. The study therefore, recommends amongst other things that more corporate activities especially in the area of educational and health facilities should be provided to the host communities.