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First Step Apartments Inc

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

EIN: 710773527 ✦ Little rock, AR ✦ Designated as a 501(c)(3)

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Overview

What is First Step Apartments Inc?

First Step Apartments Inc is a nonprofit organization located in Little Rock, Arkansas, specifically at 8101 Interstate 30 Suite A, 72209. Their primary mission is to provide low-income housing opportunities for individuals with disabilities, adhering to the guidelines set by the U.S. Department of Housing and Urban Development. This commitment extends to the city of Helena, Arkansas. The organization's activities are centered around this objective, aiming to create a supportive environment for individuals with disabilities in need of housing.

Is First Step Apartments Inc legitimate?

First Step Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Step Apartments 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,508

For more financial information, click here

What is the mission statement of First Step Apartments Inc?

First Step Apartments Inc is committed to providing low-income housing for individuals with disabilities, adhering to the guidelines set by the U.S. Department of Housing and Urban Development. Their mission is centered around ensuring that individuals with disabilities have access to suitable housing, thereby contributing to their well-being and quality of life. The organization's activities are geared towards accommodating the housing needs of these individuals, thereby promoting their integration into society. By providing housing in accordance with the U.S. Department of Housing and Urban Development's guidelines, First Step Apartments Inc is making a significant contribution towards enhancing the living conditions of individuals with disabilities.

Who is the CEO of First Step Apartments Inc?

C Carl Schultz is the Treasurer of First Step Apartments Inc.

What is the revenue of First Step Apartments Inc?

First Step Apartments Inc's revenue in 2023 was $188,649.

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


Here are 3 key members and their salaries:


Jeffrey Owens (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Carl Schultz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Wheeler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for First Step Apartments Inc?

First Step Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of First Step Apartments Inc

First Step Apartments Inc, as a nonprofit organization, is committed to providing low-income housing opportunities for individuals with disabilities. In line with the guidelines set by the U.S. Department of Housing and Urban Development, this mission is carried out meticulously. The organization's primary goal is to create an inclusive living environment that caters to the unique needs of individuals with disabilities, ensuring they have access to safe and affordable housing. By adhering to this mission, First Step Apartments Inc contributes significantly to the community, providing a essential support system for individuals who may face challenges in securing suitable housing otherwise.

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Impact




October, 2024

First Step Apartments Inc plays a crucial role in enhancing the quality of life for individuals with disabilities in Helena, Arkansas, by providing low-income housing that meets their needs. By adhering to the standards set by the U.S. Department of Housing and Urban Development, the organization ensures that accessible and affordable housing options are available, allowing residents to live independently and with dignity. This initiative not only addresses the pressing issue of housing insecurity among persons with disabilities but also fosters a sense of community and support, helping to break down barriers and promote inclusion. Overall, First Step Apartments Inc significantly contributes to improving the socio-economic conditions of vulnerable populations in the region.




This information is meant to be a general summary of First Step Apartments 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
$188,649 (2023)
Expenses
$204,745 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $242
  • Program Service Revenue: $188,407
  • Gross Receipts: $188,649

Assets and Liabilities:

  • Total Assets: $605,694
  • Total Liabilities: $27,232
  • Net Assets: $578,462

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Programs

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

NET RENTAL REVENUE

Revenue

$186,364

TENANT CHARGES

Revenue

$1,178

LAUNDRY AND VENDING REVENUE

Revenue

$865

Organization Details

Founding Year

1995

Principal Officer

C Carl Schultz

Main Address

8101 INTERSTATE 30 SUITE A, LITTLE ROCK, AR, 72209

NTEE Category

Code: P75 - Human services

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