Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2016.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
6 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
9 people listed on the 990.
Jeans Mobley’s $57K as Executive Director is at the 8th percentile of top reported officer pay among 2036 $1–10M housing 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 · 3 named individuals · Part VII
| Name | FY2024 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Jeans Mobley | $56,600 | — | — | — |
| Barbara Ziegler | — | $29,250 | $32,000 | $22,655 |
| Beth Rodriguez | $11,100 | — | — | — |
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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Builds affordable homes and apartments for low-income individuals and families.
Questions for Stepping Stone Communities INC
Your first name shows with your question. Stepping Stone Communities INC answers here, for everyone.
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Currently our only program is to build an 80-UNIT apartmentbuilding for adults with and without developmental DISABILITIES.COST of living in this building is targeted to be 80% or less ofcurrent market costs. As of december 27, 2023 groundbreaking and foundatin is completed and buildingg is 50% complete.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.3M | $816K |
| Land, buildings, equipmentLn 10c | $903K | $923K |
| Total assetsLn 16 | $7.9M | $15.9M |
| LiabilitiesLn 26 | $5.6M | $13.2M |
| Net assetsLn 32 | $2.3M | $2.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $149K | $149K | ||
| Legal feesLn 11b | $15K | $15K | ||
| Accounting feesLn 11c | $6K | $6K | ||
| Other fees for servicesLn 11g | $7 | $7 | ||
| Advertising and promotionLn 12 | $15K | $15K | ||
| Office expensesLn 13 | $13K | $12K | $108 | |
| InterestLn 20 | $50K | $50K | ||
| InsuranceLn 23 | $2K | $2K | ||
| Other expenses (24a–d)Ln 24 | $5K | $2K | $3K | |
| All other expensesLn 24e | $16K | $16K | $154 | |
| Total functional expensesLn 25 | $270K | $16K | $237K | $17K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $2.0M | $1.6M | $443K | $3.1M | 990 PDF |
| FY2023 Viewing | $657K | $270K | $387K | $2.7M | 990 PDF |
| FY2022 | $914K | $80K | $833K | $2.3M | 990 PDF |
| FY2021 | $1.7M | $488K | $1.2M | $1.4M | 990 PDF |
| FY2020 | $366K | $330K | $36K | $204K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $657,152 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, 2 to look at
Part VIII · Statement of revenue $657,152 across 7 lines filed
Part IX · Statement of functional expenses $270,468 across 10 lines filed
Part X · Balance sheet $15,868,498 assets, 12 lines filed
Part XI · Reconciliation of net assets $2,654,451 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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