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Stepping Stones Of Rockford Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362693681 ✦ Rockford, IL ✦ Designated as a 501(c)(3)

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Overview

What is Stepping Stones Of Rockford Inc?

Stepping Stones Of Rockford Inc, located at 706 North Main Street, Rockford, IL, is a dedicated nonprofit organization. Its primary mission is to offer housing and rehabilitation services tailored to the recovery needs of adults struggling with mental illness. With a workforce of 165 individuals, the organization is committed to providing residential rehabilitation, aiming to empower mentally and emotionally disabled adults towards a more stable and fulfilling life. This community-focused nonprofit operates within the state of Illinois, contributing to the well-being of its residents.


Official website here: www.steppingstonesrockford.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)**

Stepping Stones of Rockford Inc has achieved a notable Four-Star rating from Charity Navigator, primarily based on its impressive accountability and finance score of 96%. This rating underscores the organization’s commitment to transparency and responsible management of funds. High marks were particularly noted for its independent board composition and robust financial practices, reinforcing the charity’s reliability from a governance perspective.

The charity demonstrates a strong program expense ratio, allocating over 81% of its resources toward its programs, which indicates effective use of donations to drive impact. It adheres to numerous best practices, such as maintaining a conflict of interest policy and a whistleblower policy, pointing to a well-structured organization that prioritizes ethical practices. However, its score does not encompass aspects related to impact measurement, culture, and leadership, suggesting opportunities for development in these areas.

Not Available.


This AI summary has been generated from information found on Charity Navigator.

Is Stepping Stones Of Rockford Inc legitimate?

Stepping Stones Of Rockford Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stepping Stones Of Rockford Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $312,317
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,653,845

For more financial information, click here


Official website here: www.steppingstonesrockford.org

What is the mission statement of Stepping Stones Of Rockford Inc?

Stepping Stones Of Rockford Inc is dedicated to providing residential rehabilitation services for mentally and emotionally disabled adults. The organization's mission is to cater to the recovery needs of these adults, offering them housing and rehabilitation services. Their objective is to help these individuals regain their independence and improve their quality of life. The organization's activities focus on providing a supportive environment and personalized care to enable the adults to lead fulfilling lives.


Official website here: www.steppingstonesrockford.org

Who is the CEO of Stepping Stones Of Rockford Inc?

Susan Schroeder is the President of Stepping Stones Of Rockford Inc. The CEO's salary of Stepping Stones Of Rockford Inc is $179,373 and their total compensation is $194,337.


Official website here: www.steppingstonesrockford.org

What is the revenue of Stepping Stones Of Rockford Inc?

Stepping Stones Of Rockford Inc's revenue in 2022 was $8,362,302.


Official website here: www.steppingstonesrockford.org

Who are the executives of Stepping Stones Of Rockford Inc and what are their salaries?

The average compensation at Stepping Stones Of Rockford Inc during 2022 was $30,098. There are 165 employees and 9 volunteers at Stepping Stones Of Rockford Inc.


Here are 11 key members and their salaries (Stepping Stones Of Rockford Inc's CEO's salary is $179,373 and their total compensation is $194,337):


Joe Clinton Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Cushard (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Gaumond (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Kane (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Imogene Rowland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Capone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Stockman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Magnuson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Ricotta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Schroeder (Ceo)
  • Compensation: $179,373
  • Related: $0
  • Other: $14,964
Candice O'Brien (Director Of Finance)
  • Compensation: $89,285
  • Related: $0
  • Other: $9,889


Official website here: www.steppingstonesrockford.org

Where can I find the form 990 for Stepping Stones Of Rockford Inc?

Stepping Stones Of Rockford Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.steppingstonesrockford.org

Learn more at the official website: www.steppingstonesrockford.org

Mission Statement of Stepping Stones Of Rockford Inc

Stepping Stones Of Rockford Inc is dedicated to providing residential rehabilitation services for mentally and emotionally disabled adults. Their mission is to offer housing and rehabilitation facilities that cater to the recovery needs of these individuals. The organization aims to create an environment that supports their clients in their journey towards recovery and independence. By providing comprehensive rehabilitation services, Stepping Stones Of Rockford Inc seeks to empower adults with mental illness and help them lead fulfilling lives.

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Impact




October, 2024

Stepping Stones of Rockford Inc significantly enhances the lives of adults facing mental and emotional challenges by providing essential housing and rehabilitation services tailored to their recovery needs. Located in Rockford, Illinois, the organization creates a supportive environment that fosters personal growth and stability for its residents. By addressing both the immediate and long-term needs of individuals with mental illnesses, Stepping Stones empowers them to reclaim their independence and improve their overall quality of life. Their dedicated approach not only aids in individual recovery but also contributes to strengthening the community by promoting mental wellness and social inclusion.




This information is meant to be a general summary of Stepping Stones Of Rockford Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,362,302 (2022)
Expenses
$8,490,235 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,027
  • Program Service Revenue: $4,394,934
  • Gross Receipts: $8,362,302

Assets and Liabilities:

  • Total Assets: $5,948,902
  • Total Liabilities: $1,823,662
  • Net Assets: $4,125,240

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MCO REVENUE

Revenue

$2,164,829

MEDICAID REVENUE

Revenue

$1,569,883

CLIENT/FAMILY PAYMENTS

Revenue

$533,705

TENANT ASSISTANCE

Revenue

$126,517

Organization Details

Founding Year

1969

Principal Officer

Susan Schroeder

Main Address

706 NORTH MAIN STREET, ROCKFORD, IL, 611036904

NTEE Category

Code: P700 - Human services

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