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Nonprofit · EIN 41-0874998

STEP INC

Tax-exempt · FAIRMONT, MN 56031

Financials

$2.9M$2.6M2023$3.3M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of STEP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,251,750$3,911,459-$659,709$2,272,087$401,846$1,870,241
December 31, 2023990$2,917,042$2,584,790$332,252$2,657,646$217,277$2,440,369
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$446,144
of which government grants
$431,240
Program service revenue
$2,765,488
Investment income
$39,120
Other revenue
$998

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$96,698
Other salaries and wages
$2,688,307
Salaries, compensation and benefits (total)
$3,057,033
Professional fundraising fees
$0
Accounting fees
$75,584
Occupancy
$133,511
Travel
$26,102
Program services (functional)
$2,793,431
Management and general (functional)
$1,118,028

Balance sheet and other

Total assets, start of year
$2,657,646
Total assets, end of year
$2,272,087
Total liabilities, end of year
$401,846
Net assets, end of year
$1,870,241
Land, buildings and equipment
$1,079,480
Net assets without donor restrictions
$1,863,551
Net assets with donor restrictions
$6,690
Gross receipts
$3,251,750
Employees
236
Volunteers
9
Year formed
1970
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
HEIDI SMITHEXECUTIVE DIRECTOR
Officer
45$89,250$7,448
NED KOPPENCHAIRPERSON
Trustee or director, Officer
2$0$0
BILL BUSSEVICE CHAIR
Trustee or director, Officer
1$0$0
KIM SOKOLOSKITREASURER
Trustee or director, Officer
2$0$0
MARLENE HANSONSECRETARY
Trustee or director, Officer
1$0$0
TERESA DAVISONDIRECTOR
Trustee or director
1$0$0
DAWN FULLERTONDIRECTOR
Trustee or director
1$0$0
MARK HERNESDIRECTOR
Trustee or director
1$0$0
TONY ROSENERDIRECTOR
Trustee or director
1$0$0
JULIE WELLSDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
SUE EISENMENGEREXECUTIVE DIRECTOR - PART YEAR
Officer
40$71,557$2,949
HEIDI SMITHEXECUTIVE DIRECTOR
Officer
45$49,020$1,305
NED KOPPENCHAIRPERSON
Trustee or director, Officer
2$0$0
BILL BUSSEVICE CHAIR
Trustee or director, Officer
1$0$0
MARLENE HANSONSECRETARY
Trustee or director, Officer
1$0$0
BOB ENGMANTREASURER
Trustee or director, Officer
2$0$0
TERESA DAVISONDIRECTOR
Trustee or director
1$0$0
DAWN FULLERTONDIRECTOR
Trustee or director
1$0$0
MARK HERNESDIRECTOR
Trustee or director
1$0$0
TONY ROSENERDIRECTOR
Trustee or director
1$0$0
JIM SIMSERDIRECTOR
Trustee or director
1$0$0
BETH SWITRASDIRECTOR
Trustee or director
1$0$0
JULIE WELLSDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
5 DOWNTOWN PLZ, FAIRMONT, MN 56031-1702
Principal officer (990 for 2024)
NED KOPPEN, 5 DOWNTOWN PLAZA 105, FAIRMONT, MN 56031
Signed the 990
NED KOPPEN, BOARD CHAIRPERSON
Phone
(507) 238-4341
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO ENABLE PEOPLE WITH DISABILITIES TO LIVE AND WORK TOGETHER WITH OTHERS IN OUR COMMUNITIES. STEP PROVIDES SUPPORT, TRAINING AND EMPLOYMENT TO PEOPLE WITH DISABILITIES IN OUR LOCAL COMMUNITIES AND IN OUR SERVICES SITES.

990 for the year ended December 31, 2024

Program accomplishments

  • IN 2024, STEP, INC. PROVIDED SUPPORT, TRAINING, AND EMPLOYMENT SERVICES TO OVER 120 INDIVIDUALS WITH DISABILITIES AT OUR 3 SERVICE LOCATIONS AND IN COMMUNITY LOCATIONS THROUGHOUT 3 COUNTIES IN SOUTHERN MINNESOTA. THROUGHOUT THIS YEAR, STEP HAS CONTINUED TO DEVELOP MORE INDIVIDUALIZED EMPLOYMENT SERVICES, INCLUDING MOVING INDIVIDUALS INTO COMPETITIVE, INTEGRATED EMPLOYMENT SETTINGS. STEP HAS WORKED WITH OVER 35 LOCAL EMPLOYERS TO PROVIDE A VARIETY OF WORK OPTIONS FOR ADULTS WITH COGNITIVE AND PHYSICAL DISABILITIES. BESIDES A VARIETY OF SEATED WORK AT OUR OFFICES, COMMUNITY-BASED WORK OPPORTUNITIES HAVE ALSO INCLUDED ASSISTING DIETARY, LAUNDRY AND HOUSEKEEPING DUTIES AT SEVERAL LONG TERM CARE FACILITIES IN THE AREA, BREAKFAST HOST WORK AT A LOCAL HOTEL, GREENS AND FACILITY MAINTENANCE AT LOCAL GOLF COURSES AND MULTIPLE COMMERCIAL CLEANING CREWS. IN ADDITION TO WORK, STEP STAFF PROVIDED INDIVIDUALS WITH THE OPPORTUNITY TO UTILIZE THEIR COMMUNITIES FOR OTHER ASPECTS OF DAILY LIFE AND TO PARTICIPATE IN LEISURE AND RECREATIONAL TIME IN THE COMMUNITY AND AT OUR LOCATIONS. STEP CONTINUES TO GROW, ESPECIALLY IN THE AREA OF COMPETITIVE, INTEGRATED EMPLOYMENT, AND HAS A WAITING LIST OF INDIVIDUALS SEEKING A VARIETY OF SERVICES FROM STEP, INC.
    Expenses $2,793,431 · revenue $2,766,486

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
41-0874998
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
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,272,087
Income (IRS master file)
$3,251,750

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,251,750$3,911,459$2,272,087XML
990December 2023$2,917,042$2,584,790$2,657,646XML
990December 2022$2,435,765$2,253,122$2,287,771IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 41-0874998).

Questions about STEP INC

What is the EIN of STEP INC?
The employer identification number (EIN) of STEP INC is 41-0874998.
Is STEP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to STEP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STEP 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 STEP INC 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 STEP INC 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 STEP INC?
The 990 for the year ended December 31, 2024 names NED KOPPEN.
Who are the officers and directors of STEP INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $89,250 (HEIDI SMITH, EXECUTIVE DIRECTOR).
How much revenue does STEP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,251,750, expenses of $3,911,459 and total assets of $2,272,087 at year end.

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