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First Step Shelter Inc

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

EIN: 813976095 ✦ Daytona beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is First Step Shelter Inc?

First Step Shelter Inc is a dedicated nonprofit organization based in Volusia County, Florida. Their primary mission is to establish, manage, and operate a homeless assistance service program, offering shelter and support to individuals in need. Since 2018, they have been actively working towards this goal, with the construction of their facility completed in November 2019. Their aim is to provide a safe and nurturing environment for those who have lost their homes, helping them rebuild their lives with essential resources and support.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating.

First Step Shelter Inc has received a two-star rating from Charity Navigator, reflecting a moderate level of accountability and financial management. While the organization demonstrates strong program expense efficiency, with 92.6% of its expenses directed towards programs, it falls short in governance practices, indicated by a lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections.

The organization has a solid financial audit score, signifying effective oversight of its financial processes. However, the absence of an independent board and several critical policies impacts its overall accountability rating, suggesting potential areas for improvement in governance. The absence of key documents on its website, including tax forms, further highlights a transparency issue that may concern potential donors and stakeholders.

In summary, while First Step Shelter Inc shows promise in program delivery and financial oversight, it needs to enhance its governance practices and transparency to improve its rating and build trust within the community.


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

Is First Step Shelter Inc legitimate?

First Step Shelter Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Step Shelter 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: $90,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $442,416

For more financial information, click here

What is the mission statement of First Step Shelter Inc?

The mission of First Step Shelter Inc. is centered around developing, managing, and operating a homeless assistance service program. This program provides shelter and support to individuals in need. The organization's primary goal is to establish and run this program effectively, aiming to provide a safe and supportive environment for those experiencing homelessness. Construction of the shelter commenced in 2018 and was completed in November 2019. The overarching aim of First Step Shelter Inc. is to contribute to the betterment of those in vulnerable situations by offering essential services and a pathway towards stability.

Who is the CEO of First Step Shelter Inc?

Victoria Fahlberg is the Executive Director of First Step Shelter Inc.

What is the revenue of First Step Shelter Inc?

First Step Shelter Inc's revenue in 2022 was $2,386,374.

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

The average compensation at First Step Shelter Inc during 2022 was $17,759. There are 30 employees at First Step Shelter Inc.


Here are 8 key members and their salaries:


Victoria Fahlberg (Executive Director)
  • Compensation: $90,350
  • Related: $0
  • Other: $0
Joan Campanaro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Selby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Tramont (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Milano (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Henry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roseann Tormatore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Panaggio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for First Step Shelter Inc?

First Step Shelter Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of First Step Shelter Inc

First Step Shelter Inc is committed to the mission of creating, managing, and operating a homeless assistance service program and shelter. This organization's primary objective is to provide a safe and supportive environment for individuals in need, specifically those experiencing homelessness in Volusia County, Florida. The corporation's endeavors involve the development, management, and operation of this program, aiming to offer essential services to this vulnerable population. In 2018, construction of the shelter began, and it was completed in November 2019, marking First Step Shelter Inc's dedication to its mission of assisting the homeless community in Volusia County.

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Impact




July, 2024

First Step Shelter Inc's impact is focused on providing crucial support and services to the homeless population in Volusia County, Florida. By operating the First Step Shelter Program, this organization is addressing the immediate needs of individuals experiencing homelessness in the community. The completion of the shelter in 2019 signifies their commitment to offering a safe and supportive environment for those in need. Through their mission to develop, manage, and operate a homeless assistance service program, First Step Shelter Inc is making a tangible difference in the lives of individuals facing housing insecurity in Daytona Beach and the surrounding areas.




This information is meant to be a general summary of First Step Shelter 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
$2,386,374 (2022)
Expenses
$2,412,921 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $323
  • Gross Receipts: $2,386,374

Assets and Liabilities:

  • Total Assets: $1,818,940
  • Total Liabilities: $329,293
  • Net Assets: $1,489,647

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Organization Details

Founding Year

2016

Principal Officer

Victoria Fahlberg

Main Address

3889 WEST INTERNATIONAL SPEEDWAY, DAYTONA BEACH, FL, 32124

NTEE Category

Code: L41 - Housing

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