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Stability First Inc

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

EIN: 474429844 ✦ Martinsville, IN ✦ Designated as a 501(c)(3)

Overview

What is Stability First Inc?

Stability First Inc, located in Martinsville, Indiana, is a nonprofit organization dedicated to aiding individuals and families struggling with poverty. Their mission is to equip those in need with the necessary tools to transition from poverty towards stability and prosperity. By assessing the current community services and identifying gaps, they have focused on providing temporary housing and support to primarily low-income individuals. These services include shelter for homeless women without dependent children and transitional housing for men who have overcome the issues leading to their homelessness. With a small team of 13 employees, Stability First Inc is committed to making a significant impact in their community.


Official website here: www.stabilit-first.com

Is Stability First Inc legitimate?

Stability First Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stability First 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.

Here are some key statistics you may want to consider:

Executive Compensation: $279,527
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.stabilit-first.com

What is the mission statement of Stability First Inc?

Stability First Inc is committed to addressing poverty issues by providing assistance and education. Their primary focus is on offering temporary housing and services to low-income individuals and families. The organization aims to help those trapped in poverty, equipping them with the necessary tools to work towards stability and prosperity. By reviewing the current community services and identifying gaps, Stability First Inc has filled the need for shelter for homeless women without dependent children and transitional housing for men who have successfully overcome the issues leading to their homelessness.


Official website here: www.stabilit-first.com

Who is the CEO of Stability First Inc?

Nathan Janssen is the Vice President of Stability First Inc.


Official website here: www.stabilit-first.com

What is the revenue of Stability First Inc?

Stability First Inc's revenue in 2022 was $497,046.


Official website here: www.stabilit-first.com

Who are the executives of Stability First Inc and what are their salaries?

The average compensation at Stability First Inc during 2022 was $21,502. There are 13 employees at Stability First Inc.

Here are 14 key members and their salaries:

    Luke Helmer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Mock (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Mock (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Bowling (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Clements (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Messmer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tricia Mcelroy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Ellen Bucci (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Moore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathan Janssen (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Moore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Moore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leisa English (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Willard (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.stabilit-first.com

    Where can I find the form 990 for Stability First Inc?

    The Stability First Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.stabilit-first.com

    Learn more at the official website: www.stabilit-first.com

    Mission Statement of Stability First Inc

    Stability First Inc, a nonprofit organization, is committed to providing assistance and education to address poverty issues. Their primary mission is to offer temporary housing and services to primarily low-income individuals and families. The goal is to help those trapped in poverty, equipping them with the necessary tools to work towards stability and prosperity.

    Upon evaluating the current community services and needs, Stability First Inc identified gaps in community services. These gaps included the lack of shelter for homeless women without dependent children in their care and the need for transitional housing for men who have successfully overcome the issues that led to their homelessness. By addressing these gaps, Stability First Inc aims to provide a comprehensive solution to poverty, offering a pathway towards stability and self-sufficiency for those in need.

    Impact

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




    Wednesday, July 24, 2024

    Stability First Inc's impact is profound in the community of Martinsville, IN. By providing temporary housing and services to primarily low-income individuals and families, this organization is instrumental in helping those trapped in poverty. Their mission to equip individuals with the tools to work towards stability and prosperity addresses crucial gaps in community services, such as shelter for homeless women without dependent children and transitional housing for men who have overcome homelessness. Through their focused efforts, Stability First Inc is making a tangible difference in the lives of those in need by offering a pathway out of poverty and towards a more secure future.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $6,962
  • Program Service Revenue: $17,267
  • Gross Receipts: $497,046

    • Assets and Liabilities:
  • Total Assets: $777,659
  • Total Liabilities: $81,614
  • Net Assets: $696,045
  • Programs

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

    MAGDALEN HOUSE DONATION

    Revenue

    $17,267

    Organization Details

    Founding Year

    2015

    Principal Officer

    Nathan Janssen

    Main Address

    PO BOX 1452, MARTINSVILLE, IN, 46151

    NTEE Category

    Code: L41 - Housing

    If you are a representative of Stability First Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.