nonprofit logo

Next Step Network Inc

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

EIN: 611656588 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

Overview

What is Next Step Network Inc?

Next Step Network Inc is a nonprofit organization situated in Louisville, Kentucky, dedicated to making sustainable homeownership accessible to all. Their mission involves transforming the manufactured housing industry by promoting consumer education, affordability, and energy efficiency. The organization operates through a social enterprise model, consisting of a nonprofit arm (Next Step Network) and a subsidiary (Next Step Homes). The nonprofit focuses on education, training, and advocacy, while Next Step Homes facilitates the purchase and sale of energy-efficient homes. By addressing issues such as lower-cost home access, energy efficiency, and long-term equity, Next Step Network aims to break cycles of poverty. In 2021, the organization participated in the DELA Programme, a global accelerator for socially driven initiatives, which influenced their five-year strategic plan to expand their impact nationwide. Additionally, Next Step Network joined the Underserved Mortgage Markets Coalition to better serve traditionally underserved housing markets, including manufactured housing.


Official website here: www.nextstepus.org

Is Next Step Network Inc legitimate?

Next Step Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Next Step Network 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: $298,007
Professional Fundraising Fees: $0
Other Salaries and Wages: $276,437

For more financial information, click here


Official website here: www.nextstepus.org

What is the mission statement of Next Step Network Inc?

Next Step Network Inc's mission is focused on making sustainable homeownership accessible to everyone while revolutionizing the manufactured housing industry. This is achieved through consumer education, affordability, and energy efficiency. The organization operates through a social enterprise model, consisting of a non-profit entity emphasizing education, training, and advocacy, and a subsidiary facilitating home purchases and sales. Next Step Network collaborates with private businesses to create more value for homebuyers, reducing construction costs, increasing production efficiency, and boosting long-term home appreciation. They also aid low-income homebuyers with educational resources and mortgage loan access. The Next Step Homes brand promises the highest quality and energy-efficiency standards available today. Their objectives include increasing home accessibility for those priced out of the market, reducing overall home ownership costs with Energy Star+ efficiency, and boosting equity and resale value to break intergenerational cycles of poverty.


Official website here: www.nextstepus.org

Who is the CEO of Next Step Network Inc?

Stacey Epperson is the President & of Next Step Network Inc.


Official website here: www.nextstepus.org

What is the revenue of Next Step Network Inc?

Next Step Network Inc's revenue in 2022 was $1,239,287.


Official website here: www.nextstepus.org

Who are the executives of Next Step Network Inc and what are their salaries?

The average compensation at Next Step Network Inc during 2022 was $71,806. There are 8 employees at Next Step Network Inc.

Here are 15 key members and their salaries:

    Stacey Epperson (President &) [Trustee/Director]
  • Compensation: $136,270
  • Related: $0
  • Other: $17,000

    • Billie Wells (Finance Dire)
  • Compensation: $90,798
  • Related: $0
  • Other: $0

    • Damon Allen (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

    • Clemente Mojica (Vice-Chairpe) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Noffsinger (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Billiemarie Lubiano Robinson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

    • Kim Vermeer (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.nextstepus.org

    Where can I find the form 990 for Next Step Network Inc?

    The Next Step Network Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nextstepus.org

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

    Mission Statement of Next Step Network Inc

    Next Step Network Inc, a nonprofit organization, is dedicated to making sustainable homeownership a reality for everyone, while revolutionizing the manufactured housing industry. They achieve this through consumer education, affordability, and energy-efficiency. The mission of Next Step Network Inc is to make sustainable homeownership accessible to all, while simultaneously transforming the manufactured housing industry.

    The organization operates on a social enterprise model, which includes a nonprofit arm focused on education, training, and advocacy, and a subsidiary that facilitates the purchase and sale of homes from manufacturers. This collaboration between social enterprise and private business aims to provide more value to homebuyers than one actor could alone. For over a decade, Next Step Network Inc has trained nonprofit organizations and mission-driven entities on the Manufactured Housing Done Right model, enabling them to reduce construction costs, increase production efficiencies, and increase the long-term appreciation of their homes.

    In addition to educating low-income homebuyers, Next Step Network Inc ensures that their homes meet the highest quality and energy-efficiency standards available today through their brand, Next Step Homes. This triple approach aims to address three main issues for homebuyers: increasing access to a lower-cost home for those locked out of the market, reducing the overall operating cost of homeownership through energy-star+ efficiency, and increasing equity and resale value, helping to break intergenerational cycles of poverty. In 2021, Next Step Network Inc completed participation in the DELA Programme, a global accelerator for scaling socially driven initiatives, which further informed their five-year strategic plan to expand their impact in communities nationwide.

    Impact

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




    Saturday, July 20, 2024

    Next Step Network Inc's impact is far-reaching and significant. By focusing on putting sustainable homeownership within reach of everyone and transforming the manufactured housing industry through consumer education, affordability, and energy-efficiency, they are addressing key challenges in the housing sector. Their social enterprise model, which combines education, training, advocacy, and home sales, creates value for homebuyers and manufacturers alike.

    Through their efforts, Next Step Network Inc has trained organizations and entities on the "manufactured housing done right" model, leading to reduced construction costs, increased production efficiencies, and higher long-term appreciation of homes. They also support low-income homebuyers with education and access to quality mortgage loans, improving financial inclusion and stability for these individuals.

    By prioritizing high-quality and energy-efficient homes, Next Step Homes is providing solutions to key issues faced by homebuyers, such as increased access to affordable housing, lower operating costs through energy-efficient features, and higher equity and resale value. This not only benefits individual homebuyers but also helps break intergenerational cycles of poverty by creating opportunities for wealth accumulation and stability.

    Additionally, Next Step Network Inc's participation in programs like the DELA Programme and joining the Underserved Mortgage Markets Coalition demonstrate their commitment to scaling their impact and collaborating with other organizations to better serve traditionally underserved housing markets, including manufactured housing. Through these initiatives, Next Step is actively working towards creating systemic change and expanding their influence to communities nationwide.





    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: $0
  • Program Service Revenue: $351,756
  • Gross Receipts: $1,239,287

    • Assets and Liabilities:
  • Total Assets: $1,952,736
  • Total Liabilities: $463,662
  • Net Assets: $1,489,074
  • Programs

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

    GOVERNMENT SPONSORED ENTITY

    Revenue

    $261,256

    CONTRACT REVENUES

    Revenue

    $88,000

    MANUFACTURER COMMISSIONS

    Revenue

    $2,500

    Organization Details

    Founding Year

    2011

    Principal Officer

    Stacey Epperson

    Main Address

    1287 ROYAL AVENUE, LOUISVILLE, KY, 40204

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Next Step Network 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.