EIN 61-1656588

Next Step Network

IRS 501(c) type
501(c)(3)
Num. employees
8
Year formed
2011
Most recent tax filings
2022-12-01
Description
Next Step Network transforms the manufactured housing industry by educating consumers, making homeownership sustainable and affordable, and promoting energy efficiency. As a social enterprise model, our parent nonprofit focuses on putting homeownership within reach of everyone.
Total revenues
$1,239,287
2022
Total expenses
$868,773
2022
Total assets
$1,952,736
2022
Num. employees
8
2022

Program areas at Next Step Network

Next Step's mission is to put sustainable homeownership within everyone's reach while transforming the manufactured housing industry through consumer education, energy efficiency, and affordability. Our social enterprise model comprises a parent nonprofit (Next Step Network), dedicated to education, training, and advocacy, and a subsidiary (Next Step homes) that facilitates the purchase and sale of homes from manufacturers and earns revenue from manufacturers, developers, etc. Next Step is a collaboration between social enterprise and private business that creates more value for the homebuyer than one actor alone. For more than a decade, Next Step has trained nonprofit organizations and mission-driven entities on the manufactured housing done right model, which allows them to reduce their construction costs, increase their production efficiencies, and increase their homes' long-term appreciation. They also support low-income homebuyers with education and access to quality mortgage loans. The Next Step homes' brand promises the industry's highest quality and energy-efficiency standard available today. We solve these three problems for our homebuyers: 1) increase access to a lower-cost home for homeowners locked out of the market, 2) lower the overall operating cost of homeownership through energy star+ efficiencies, 3) increase equity and resale value, providing a tool to break intergenerational cycles of poverty. In 2021, Next Step completed participation in the dela programme, a global accelerator to offer a space for scaling socially driven initiatives co- created by ashoka and ikea social entrepreneurship. The systems change principles taught as a part of this engagement informed our new five-year strategic plan to scale our impact in communities nationwide. Additionally, Next Step joined the underserved mortgage markets coalition - a coalition of housing advocacy organizations dedicated to better serving traditionally underserved housing markets, including manufactured housing.

Who funds Next Step Network

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Inclusive Capital Partners FoundationGeneral & Unrestricted$100,000
AmazonSmile FoundationGeneral Support$78

Personnel at Next Step Network

NameTitleCompensation
Tom SeelChief Financial Officer$20,205
Kelly FleckVice President of Homeownership
Stacey EppersonPresident and Founder$136,270
Billie WellsFinance Director$90,798
Ashley EvansDirector of Program Operations
...and 7 more key personnel

Financials for Next Step Network

RevenuesFYE 12/2022
Total grants, contributions, etc.$872,755
Program services$351,756
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$14,776
Total revenues$1,239,287

Form 990s for Next Step Network

Fiscal year endingDate received by IRSFormPDF link
2022-122023-07-28990View PDF
2021-122022-05-13990View PDF
2020-122021-05-24990View PDF
2019-122020-10-15990View PDF
2018-122019-10-29990View PDF
...and 6 more Form 990s
Data update history
October 9, 2023
Updated personnel
Identified 3 new personnel
October 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 22, 2023
Received grants
Identified 1 new grant, including a grant for $100,000 from Inclusive Capital Partners Foundation
May 20, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Family service centersHousing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
Tax deductible donations
General information
Address
1287 Royal Ave
Louisville, KY 40204
Metro area
Louisville/Jefferson County, KY-IN
Website URL
nextstepus.org/ 
Phone
(502) 694-1979
IRS details
EIN
61-1656588
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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