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Nonprofit · EIN 41-1709346

STAIRSTEP FOUNDATION

Tax-exempt · MINNEAPOLIS, MN 55411

Financials

$911K$879K2023$2.8M$2M2024
Revenue Expenses · by fiscal year end
Financials of STAIRSTEP FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,759,475$2,000,200$759,275$1,094,053$132,568$961,485
December 31, 2023990$911,334$878,896$32,438$729,196$157,587$571,609
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,750,634
of which government grants
$1,834,244
Program service revenue
$0
Investment income
$8,841
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$111,850
Other salaries and wages
$88,125
Salaries, compensation and benefits (total)
$213,745
Professional fundraising fees
$0
Accounting fees
$17,937
Occupancy
$41,717
Depreciation
$44,578
Program services (functional)
$1,937,244
Management and general (functional)
$56,728
Fundraising (functional)
$6,228

Balance sheet and other

Total assets, start of year
$729,196
Total assets, end of year
$1,094,053
Total liabilities, end of year
$132,568
Net assets, end of year
$961,485
Land, buildings and equipment
$68,780
Net assets without donor restrictions
$961,485
Gross receipts
$2,759,475
Employees
2
Volunteers
100
Year formed
1992
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Alfred Babinton-JohnsonPresident and CEO
Officer
40$91,875$23,725
Wilhemenia BucknerBoard Member
Trustee or director
2$0$0
James ThomasBoard Member
Trustee or director
2$0$0
Mahmoud El-KatiBoard Member
Trustee or director
2$0$0
Keith ElziaBoard Chair
Trustee or director, Officer
2$0$0
David JohnsonTreasurer
Trustee or director, Officer
2$0$0
Linda SloanSecretary
Trustee or director, Officer
2$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
Alfred Babinton-JohnsonPresident and CEO
Officer
40$102,176$11,419
Wilhemenia BucknerBoard Member
Trustee or director
2$0$0
James ThomasBoard Member
Trustee or director
2$0$0
Mahmoud El-KatiBoard Member
Trustee or director
2$0$0
Keith ElziaBoard Chair
Trustee or director, Officer
2$0$0
David JohnsonTreasurer
Trustee or director, Officer
2$0$0
Linda SloanSecretary
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
2115 PLYMOUTH AVE N, MINNEAPOLIS, MN 55411-3750
Principal officer (990 for 2024)
Alfred Babington-Johnson, 2115 Plymouth Avenue North, 1st Floor, Minneapolis, MN 55411
Signed the 990
Alfred Babington-Johnson, President/CEO
Phone
(612) 521-3110

Mission

The Organization's purpose is to reinforce community values, create community building models and to facilitate community building activities by and with others.

990 for the year ended December 31, 2024

Program accomplishments

  • Stairstep Foundation convenes and facilitates His Works United (HWU). HWU is the largest ecumenical collaboration of African American Churches in the state of Minnesota. The church network brings practical services outside the walls of the churches to the spaces and places of community need. There is a Balm - deploys health site coordinators into the church network to promote healthy lifestyles and appropriate prevention activities (screenings, vaccinations, exercise, etc.).
    Expenses $1,937,244 · revenue $1,834,244

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1709346
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P99Z)
Assets (IRS master file)
$1,094,053
Income (IRS master file)
$2,759,475

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,759,475$2,000,200$1,094,053XML
990December 2023$911,334$878,896$729,196XML
990December 2022$1,527,721$1,488,541$653,209IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1709346).

Questions about STAIRSTEP FOUNDATION

What is the EIN of STAIRSTEP FOUNDATION?
The employer identification number (EIN) of STAIRSTEP FOUNDATION is 41-1709346.
Is STAIRSTEP FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to STAIRSTEP FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STAIRSTEP FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of STAIRSTEP FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did STAIRSTEP FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of STAIRSTEP FOUNDATION?
The 990 for the year ended December 31, 2024 names Alfred Babington-Johnson.
Who are the officers and directors of STAIRSTEP FOUNDATION?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $91,875 (Alfred Babinton-Johnson, President and CEO).
How much revenue does STAIRSTEP FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,759,475, expenses of $2,000,200 and total assets of $1,094,053 at year end.

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