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← STEPPINGSTONE REALTY HOLDINGS INCORPORATED

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.

  • STEPPINGSTONE INC

    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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