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Nonprofit · EIN 45-0262160

STEER INC

Tax-exempt · BISMARCK, ND 58502

Financials

$2.5M$2.2M2023$2.9M$2.5M2024
Revenue Expenses · by fiscal year end
Financials of STEER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,851,438$2,540,783$310,655$7,942,671$71,632$7,871,039
June 30, 2024990$2,514,974$2,184,632$330,342$7,397,198$114,011$7,283,187
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$517,937
Membership dues
$33,749
Program service revenue
$143,949
Investment income
$346,793
Net rental income
$10,000
Net gain from sales of assets
$63,547
Net income from fundraising events
$11,936
Net income from sales of inventory
$1,820,502
Other revenue
$1,842,759

Expenses

Grants and similar amounts paid
$1,761,385
Compensation of officers, directors and key employees
$191,816
Other salaries and wages
$211,584
Salaries, compensation and benefits (total)
$482,180
Professional fundraising fees
$0
Accounting fees
$20,117
Occupancy
$45,864
Travel
$3,843
Depreciation
$565
Program services (functional)
$2,043,344
Management and general (functional)
$277,783
Fundraising (functional)
$219,656

Balance sheet and other

Total assets, start of year
$7,397,198
Total assets, end of year
$7,942,671
Total liabilities, end of year
$71,632
Net assets, end of year
$7,871,039
Land, buildings and equipment
$105,327
Publicly traded securities
$3,853,873
Net assets without donor restrictions
$6,835,974
Net assets with donor restrictions
$1,035,065
Gross receipts
$3,068,967
Employees
9
Volunteers
400
Year formed
1976
State of legal domicile
ND

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KEITH KOST TERM 123124EXECUTIVE DIRECTOR/CEO
Officer
40$106,919$18,193
IVAN FRIESEN TERM 53125ACTING EXECUTIVE DIRECTOR
Officer
40$78,275$18,541
KARN LAMONCONTROLLER
Officer
40$56,525$8,721
RANDY HAUCKDIRECTOR (CHAIR)
Trustee or director, Officer
1$0$0
ROD ZIMMERMANDIRECTOR (VICE CHAIR)
Trustee or director, Officer
1$0$0
BRUCE SCHAUERDIRECTOR (TREASURER)
Trustee or director, Officer
1$0$0
DOUG SCHELHAASDIRECTOR (SECRETARY)
Trustee or director, Officer
1$0$0
RAMON BARNESDIRECTOR
Trustee or director
1$0$0
KRIS BOGARDIRECTOR
Trustee or director
1$0$0
KURTIS COUNTESSDIRECTOR
Trustee or director
1$0$0
JUSTIN DECKERTDIRECTOR
Trustee or director
1$0$0
JERROD MACDONALDDIRECTOR
Trustee or director
1$0$0
BRENT PETERSENDIRECTOR
Trustee or director
1$0$0
JIM SAILERDIRECTOR
Trustee or director
1$0$0
ARLYN SCHERBENSKEDIRECTOR
Trustee or director
1$0$0
3 more people on this return
NameTitleHours / weekCompensation
JEFF SLEEPDIRECTOR
Trustee or director
1$0
IAN ZIMMERMANDIRECTOR
Trustee or director
1$0
BEAU BENDIGODIRECTOR (TERM 4/2025)
Trustee or director
1$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
KEITH KOST TERM 123124EXECUTIVE DIRECTOR/CEO
Officer
40$110,206$18,088
IVAN FRIESEN EFF 111623ACTING EXECUTIVE DIRECTOR
Officer
40$71,555$16,824
KARN LAMONCONTROLLER
Officer
40$60,927$8,182
BRUCE BRUNNERDIRECTOR (CHAIR)
Trustee or director, Officer
1$0$0
RANDY HAUCKDIRECTOR (VICE CHAIR)
Trustee or director, Officer
1$0$0
BRUCE SCHAUERDIRECTOR (SECRETARY)
Trustee or director, Officer
1$0$0
DOUG SCHELHAASDIRECTOR (TREASURER)
Trustee or director, Officer
1$0$0
KRIS BOGARDIRECTOR
Trustee or director
1$0$0
KURTIS COUNTESSDIRECTOR
Trustee or director
1$0$0
JUSTIN DECKERTDIRECTOR
Trustee or director
1$0$0
JERROD MACDONALDDIRECTOR
Trustee or director
1$0$0
AARON MAHINDIRECTOR
Trustee or director
1$0$0
PAUL MARRS DEC 2102024DIRECTOR
Trustee or director
1$0$0
DONOVAN NELSONDIRECTOR
Trustee or director
1$0$0
BRENT PETERSENDIRECTOR
Trustee or director
1$0$0
JIM SAILERDIRECTOR
Trustee or director
1$0$0
ARLYN SCHERBENSKEDIRECTOR
Trustee or director
1$0$0
IAN ZIMMERMANDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 1236, BISMARCK, ND 58502-1236
Principal officer (990 for 2024)
BEAU BENDIGO, PO BOX 1236, BISMARCK, ND 58502
Signed the 990
BEAU BENDIGO, EXECUTIVE DIRECTOR
Phone
(701) 258-4911
Return prepared by
BRADY MARTZ PLLC

Mission

THE PURPOSE OF THIS ORGANIZATION SHALL BE TO ADVANCE THE WORK OF THE LORD JESUS CHRIST ON EARTH BY RAISING MONEY TO HELP EXISTING MISSIONARY SOCIETIES GET THE GOSPEL TO THE ENDS OF THE EARTH IN THE SHORTEST POSSIBLE TIME BY MEANS AND METHODS AS SET FORTH IN THE ARTICLES.

990 for the year ended June 30, 2025

Program accomplishments

  • 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. THE PROFITS FROM THESE PROJECTS ARE THEN USED TO SUPPORT THEIR CHOSEN MISSIONARIES OR MISSION PROJECTS WITHIN STEER'S MEMBER ORGANIZATIONS. 3) APPROVED MEMBER ORGANIZATIONS PARTNER WITH STEER TO RECEIVE LONG-TERM FINANCIAL SUPPORT, ENABLING THEM TO CONTINUE PROCLAIMING THE GOSPEL OF JESUS CHRIST GLOBALLY. FOR THESE ORGANIZATIONS AND THEIR MISSIONARIES, STEER SERVES AS A WONDERFUL CHANNEL FOR RECEIVING PRAYER AND FINANCIAL BACKING, EMBODYING A SPIRIT OF PARTNERSHIP THROUGHOUT THE BODY OF CHRIST.
    Expenses $2,043,344 · grants $1,761,385 · revenue $2,038,319

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
45-0262160
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1962
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,942,671
Income (IRS master file)
$3,068,967

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,851,438$2,540,783$7,942,671IRS
990June 2024$2,514,974$2,184,632$7,397,198IRS
990June 2023$2,013,738$1,824,369$6,881,534IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––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 45-0262160).

Questions about STEER INC

What is the EIN of STEER INC?
The employer identification number (EIN) of STEER INC is 45-0262160.
Is STEER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
Are donations to STEER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STEER INC 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 STEER INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did STEER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of STEER INC?
The 990 for the year ended June 30, 2025 names BEAU BENDIGO.
Who are the officers and directors of STEER INC?
The 990 for the year ended June 30, 2025 lists 18 people; 3 received compensation from the organization, the highest $106,919 (KEITH KOST TERM 123124, EXECUTIVE DIRECTOR/CEO).
How much revenue does STEER INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,851,438, expenses of $2,540,783 and total assets of $7,942,671 at year end.

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