Steiger International Ltd
- Assets
- $1.8m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 32
- Location
- Eden Prairie, MN
- Founding
- 08/1987
- Data as of
- 12/2023
- EIN
- 36-3517418
Organization Overview
Steiger International Ltd is located in Eden Prairie, MN. The organization was established in 1987. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Steiger International Ltd employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steiger International Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Steiger International Ltd generated $3.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $3.4m during the year ending 12/2023. While expenses have increased by 13.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WORLDWIDE MISSION ORGANIZATION THAT REACHES AND DISCIPLES THE GLOBAL YOUTH CULTURE FOR CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEIGER RAISES UP MISSIONARIES AND EQUIPS THE LOCAL CHURCH TO PROCLAIM THE MESSAGE OF JESUS IN THE LANGUAGE OF THE GLOBAL YOUTH CULTURE AND ESTABLISHES LONG-TERM PRESENCE IN CITIES THROUGH ONGOING OUTREACH, DISCIPLESHIP AND LOCAL CHURCH PARTNERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hastie Chairman | OfficerTrustee | 5 | $0 |
Mark Phillips Treasurer/secretary | OfficerTrustee | 4 | $0 |
Jodi Pierce Director/ministry Leader | Trustee | 30 | $0 |
Scott Hillstrom Director | Trustee | 2 | $0 |
Sandro Baggio Director | Trustee | 2 | $0 |
Richard Payne Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,290,446 |
| Noncash contributions included in lines 1a–1f | $81,055 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,290,446 |
| Total Program Service Revenue | $0 |
| Investment income | $12,698 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$33,299 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,278,785 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $542,751 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $78,259 |
| Compensation of current officers, directors, key employees. | $3,913 |
| Compensation to disqualified persons | $210,870 |
| Other salaries and wages | $1,285,518 |
| Pension plan accruals and contributions | $50 |
| Other employee benefits | $0 |
| Payroll taxes | $61,463 |
| Fees for services: Management | $107,936 |
| Fees for services: Legal | $9,221 |
| Fees for services: Accounting | $25,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,156 |
| Advertising and promotion | $23,337 |
| Office expenses | $177,871 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $74,023 |
| Travel | $271,341 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $145,155 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,451 |
| Insurance | $16,506 |
| All other expenses | $71,662 |
| Total functional expenses | $3,409,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $528,511 |
| Savings and temporary cash investments | $601,703 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,282 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $320,638 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,535 |
| Net Land, buildings, and equipment | $103,112 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $222,169 |
| Other assets | $3,278 |
| Total assets | $1,817,228 |
| Accounts payable and accrued expenses | $31,287 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $228,510 |
| Total liabilities | $259,797 |
| Net assets without donor restrictions | $883,992 |
| Net assets with donor restrictions | $673,439 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,817,228 |