Form 990 for tax year 2024
Filed by STEPPINGSTONE REALTY HOLDINGS INCORPORATED.
Totals
- Total revenue
- $490,800
- Total expenses
- $389,940
- Contributions and grants received
- $28,131
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $22,827
- Other revenue
- $439,842
- Total assets, end of year
- $5,301,685
- Total liabilities, end of year
- $3,436,814
- Net assets or fund balances, end of year
- $1,864,871
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $389,940
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$28,131
-
3 · Investment income
total $22,827 · excluded $22,827
-
6a · Gross rents
real property $439,842
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $439,842
-
6d · Net rental income or loss
total $439,842 · related or exempt $439,842
Functional expenses
Part IX, the statement of functional expenses.
-
20 · Interest
total $65,959 · management and general $65,959
-
22 · Depreciation, depletion and amortization
total $323,981 · management and general $323,981
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $829,564 · end of year $852,391
-
10a · Land, buildings and equipment: cost or other basis
$8,267,658
-
10b · Land, buildings and equipment: accumulated depreciation
$3,818,364
-
10c · Land, buildings and equipment, net
beginning of year $4,715,475 · end of year $4,449,294
-
23 · Secured mortgages and notes payable
beginning of year $3,530,240 · end of year $3,436,814
-
27 · Net assets without donor restrictions
beginning of year $2,014,799 · end of year $1,864,871
Mission and programs · 2024
Mission
TO TAKE AND HOLD TITLE TO REAL PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO AN ORGANIZATION WHICH IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE.
Activities or mission (Part I)
HOLD TITLE TO REAL ESTATE OF 501(C)(3) CORPORATION
-
THE SOLE PURPOSE OF THIS CORPORATION IS TO HOLD THE TITLE TO REAL ESTATE LEASED TO STEPPINGSTONE, INC, A 501(C)(3) ORGANIZATION.
As filed on the 2024 return.
Listed in Part VII
-
KATHLEEN SCHEDLER-CLARK
EXECUTIVE DIRECTOR/CLERK
- Total calculated
- $0
- Hours/week
- 0.1 + 40 related
-
THOMAS PASTERNAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.25 related
-
DANIEL ABRAHAM
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.1 + 2 related
-
MICHELLE MARCOS
TREASURER
- Total calculated
- $0
- Hours/week
- 0.1 + 1 related
-
DEIDRE FOUNTAIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.25 related
-
DELFINA LARANJO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.25 related
-
JOANN BENTLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.25 related
-
GREG CLARKIN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.1 + 1 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- FROM 990, SCHEDULE J, PART II
- ALL COMPENSATED INDIVIDUALS WERE COMPENSATED BY A RELATED ORGANIZATION, STEPPINGSTONE, INC., WHILE THEY SERVED AS OFFICERS OR KEY EMPLOYEES DURING THE FISCAL YEAR. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · CHEMICAL ADDICTION REHABILITATION · MA · controlled entity
Directly controlled by STEPPINSTONE REALTY HOLDINGS INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202640149349301424
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