Nonprofit · EIN 92-1414854
STEORTS PROPERTIES
Also known as CITY RETREAT MEMPHIS
Tax-exempt · MEMPHIS, TN 38112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $0 | $59,931 | -$59,931 | $600,109 | $370,000 | $230,109 |
| December 31, 2024 | 990 | $90,000 | $60,000 | $30,000 | $17,254 | $0 | $17,254 |
| January 31, 2024 | 990-EZ | $10,000 | $9,910 | $90 | $90 | $0 | $90 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $20,560
- Travel
- $868
- Program services (functional)
- $24,202
- Management and general (functional)
- $35,729
Balance sheet and other
- Total assets, start of year
- $17,254
- Total assets, end of year
- $600,109
- Total liabilities, end of year
- $370,000
- Net assets, end of year
- $230,109
- Land, buildings and equipment
- $550,000
- Net assets without donor restrictions
- $14,334
- Net assets with donor restrictions
- $215,775
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 50
- Year formed
- 2023
- State of legal domicile
- TN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joy Steorts | Secretary Trustee or director, Key employee | 30 | $0 |
| Samantha Jones | Board Chair Institutional trustee | 4 | $0 |
| Ashley Smith | Board Member Institutional trustee | 2 | $0 |
| Ken Steorts | President Institutional trustee | 20 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joy Steorts | Secretary Trustee or director, Key employee | 30 | $0 |
| Samantha Jones | Board Chair Trustee or director | 2 | $0 |
| Ashley Smith | Board Member Trustee or director | 2 | $0 |
| Ken Steorts | President Institutional trustee | 20 | $0 |
990-EZ for the year ended January 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ken Steorts | President | 10 | $0 |
| Joy Steorts | Secretary | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 2524 AVERY AVE, MEMPHIS, TN 38112-4806
- In care of
- % STEORTS PROPERTIES
- Principal officer (990 for 2025)
- Ken Steorts, 1333 Carr Avenue, Memphis, TN 38104
- Signed the 990
- Ken Steorts, President
- Phone
- (901) 210-5363
- Website
- www.cityretreatmemphis.org
Mission
Provide retreat space and spiritual direction services to individuals and groups in the Memphis area and beyond.
Program accomplishments
- The organization developed three buildings on the Avery property from neglected to clean and ready for construction. Phase 1 underway with construction of Building 1.Expenses $24,202 · grants $43,418 · revenue $67,733
- City Retreat launched with a Launch Team in the Summer of 2024 with a goal of $500,000 to begin construction. We raised our first $100,000.0
- City Retreat Memphis powered Buildings temporarily and removed large concrete areas in preparation for tiny homes and got approvals and drawings started for the retreat center.0
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 92-1414854
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W99)
- Assets (IRS master file)
- $600,109
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $0 | $59,931 | $600,109 | XML |
| 990 | December 2024 | $90,000 | $60,000 | $17,254 | XML |
| 990-EZ | January 2024 | $10,000 | $9,910 | $90 | 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 92-1414854).
Questions about STEORTS PROPERTIES
- What is the EIN of STEORTS PROPERTIES?
- The employer identification number (EIN) of STEORTS PROPERTIES is 92-1414854.
- Is STEORTS PROPERTIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to STEORTS PROPERTIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does STEORTS PROPERTIES 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 STEORTS PROPERTIES due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STEORTS PROPERTIES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of STEORTS PROPERTIES?
- The 990 for the year ended December 31, 2025 names Ken Steorts.
- Who are the officers and directors of STEORTS PROPERTIES?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does STEORTS PROPERTIES have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $0, expenses of $59,931 and total assets of $600,109 at year end.
Other nonprofits in MEMPHIS
- CITY LEADERSHIP EIN 46-4337862 · last filed 990 for 2025
- BLIGHT AUTHORITY OF MEMPHIS INC EIN 81-2000933 · last filed 990 for 2025
- MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC EIN 45-3699291 · last filed 990 for 2025
- MEMPHIS MEDICAL SOCIETY INC EIN 62-0292105 · last filed 990 for 2025
- ELMWOOD CEMETERY OF MEMPHIS FOUNDATION INC EIN 45-3250676 · last filed 990-EZ for 2025
- FRIENDS OF CITY BEAUTIFUL EIN 62-1031173 · last filed 990-N for 2024
- OPPORTUNITY TENNESSEE EIN 99-0994619 · last filed 990 for 2025
- JUICE ORANGE MOUND EIN 81-5335752 · last filed 990-EZ for 2024
All nonprofits in MEMPHIS · Tennessee · Public and societal benefit