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Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).
Supports mission societies financially to spread the Gospel globally. For fiscal year 2024 it reported $2.9M in revenue, $2.5M in expenses, and $7.9M in net assets.Pt I
- Founded
- 1976
- Type
- Religious organization · Religion
- Location
- Bismarck, ND
- Website
- www.steerinc.org
- Filings
- 4 on file (2021–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Keith Kost Term 123124’s $107K as Executive Director/CEO is at the 55th percentile of top reported officer pay among 1636 $1–10M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Keith Kost | — | — | $111,452 | $102,595 | $99,095 |
| Keith Kost Term 123124 | $106,919 | $110,206 | — | — | — |
| Ivan Friesen Term 53125 | $78,275 | — | — | — | — |
| Ivan Friesen Eff 111623 | — | $71,555 | — | — | — |
| Kathleen Jorgenson | — | — | — | — | $67,025 |
| Kathleen Jorgenson Term 123121 | — | — | — | $64,121 | — |
| Karn Lamon | $56,525 | $60,927 | $53,817 | — | — |
| Karn Lamon Eff 102821 | — | — | — | $9,029 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Steer Has One Program
A 3-WAY stewardship PROGRAM.1) by investing in the legacy fund, donors leverage agricultural production to generate annual returns that help fund global mission ENDEAVORS.2) farmers and ranchers sign up to receive legacy funds, which they use to purchase livestock or plant crops.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 80% | — | — |
| Overhead ratio | 11% | — | — |
| Fundraising cost ratio | 42% | — | — |
| Revenue growth | 13% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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