NEXT STEP NETWORK INC

Louisville, KY | Jefferson County
Affordable Housing

Overview

NEXT STEP NETWORK INC
61-1656588
4350 BROWNSBORO RD STE 110
Louisville, KY 40207
Jefferson County
(502) 694-1976

info@nextstepus.org
Mission Statement info

PUTTING HOMEOWNERSHIP WITHIN REACH, AND TRANSFORMING THE MANUFACTURED HOUSING INDUSTRY THROUGH CONSUMER EDUCATION, AFFORDABILITY & ENERGY-EFFICIENCY.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
2010
Total Employees info
9
Total Volunteers info
10
Nonprofit Classification (NTEE Code) info
L20

L - Housing, Shelter

Housing Development, Construction & Management

Organizations that build, rehabilitate, manage and/or provide rental housing for low-income individuals and families, older adults and people with disabilities; or which make purchasable housing available to low or moderate income families by offering lower priced housing and/or affordable payment plans, by arranging for interest or mortgage subsidies or by involving eventual owners in the construction process (sweat equity). Use this code for organizations that provide housing services for a wide range of individuals or for those that offer housing options for low income tenants that are not specified below.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services
Targeted Clients info
  • Disabled
  • Economically Disadvantaged
  • Families
  • First-Time Homebuyers
  • General Public
  • Homeless
  • People Needing Credit Counseling
  • Rural Residents
  • Senior Citizens
  • Veterans
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
100%
Percent LMI Served info
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
TRAINING AND TECHNICAL ASSISTANCE FOR HUD COUNSELORS AND DEVELOPERS
Next Step Network members include nonprofit housing organizations, manufactured housing retailers, housing developers and lending institutions dedicated to advancing our system of Manufactured Housing Done Right®. Next Step provides the expertise, tools and resources to our members so they can incorporate factory-built housing to enhance their mission and business initiatives.
Targeted Clients info
  • Disabled
  • Economically Disadvantaged
  • Families
  • First-Time Homebuyers
  • Homeless
  • People needing Credit Counseling
  • Military
  • Minority Individuals
  • Nonprofits
  • Rural Residents
  • Senior Citizens
  • Women
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
AFFORDABLE HOUSING DEVELOPMENT
Partnering with nonprofit organizations and leaders in the factory-built housing space, Next Step facilitates home development projects across the country, leveraging our expertise to increase stock of – and home buyer access to – affordable, energy-efficient and sustainable housing in communities.
Targeted Clients info
  • First-Time Homebuyers
  • Homeless
  • Nonprofits
  • Veterans
  • Women
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
POLICY AND ADVOCACY
Through local, state and national coalitions, Next Step advocates for policies that advance the use of factory-built housing as an affordable housing solution, and improves access to tools, resources and education for prospective home buyers and homeowners.
Targeted Clients info
  • Families
  • First-Time Homebuyers
  • Homeless
  • People needing Credit Counseling
  • Men
  • Minority Individuals
  • Native Americans
  • Nonprofits
  • Rural Residents
  • Senior Citizens
  • Veterans
  • Women
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$1.2M
Revenue
$1.2M
Assets
$2M

IRS Business Master File Details info

As of Oct 2023
Exempt Ruling Date info
2012-08
Deductibility Status info
Deductible
Last Tax Filing info
2022
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of Nov 2023
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-12
Tax period ending in
2021-12
Tax period ending in
2020-12
Tax period ending in
2019-12
Tax period ending in
2018-12
Tax period ending in
2017-12
Tax period ending in
2016-12

Nonprofit Location

Physical Address info
4350 BROWNSBORO RD STE 110
Louisville, KY 40207
Jefferson County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
31140
MSA/MD info
21
State info
111
County info
0100.01
Tract info
Upper
Income Level info
Core-Based Statistical Area info
31140 - Louisville/Jefferson County, KY-IN
Combined Statistical Area info
350 - Louisville/Jefferson County--Elizabethtown--Bardstown, KY-IN
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 8.97%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • CA - All Counties
  • CO - All Counties
  • KY - All Counties
  • MI - All Counties
  • MS - All Counties
  • NC - All Counties
  • OH - All Counties
  • SC - All Counties
  • TN - All Counties
  • VA - All Counties & Cities
  • WA - All Counties

Market Data

Census Tract County
0100.01 Jefferson County
Population
Total Population 4,717 779,232
Total Households 2,025 327,211
Income
Median Family Income (Census*) $111,740 $66,296
Median Family Income (2023 FFIEC est.) $89,300 $89,300
Tract Income Percentage 144.02% N/A
Below Poverty Level 5.2% 14.1%
Unemployment Level 2.6% 5.1%
Housing
Total Housing Units 2,126 356,155
Total Owner-Occupied Units 86.5% 61.8%
Total Renter-Occupied Units 8.7% 38.2%
Total Vacant Units 4.8% 7.2%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

13
Total Voting Members
in Governing Body
info
13
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Stacey Epperson
(502) 992-9416
Principal Officer info
Stacey Epperson
findCRA Profile Owner
Ashley Evans
Director of Program Operations
a.evans@nextstepus.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.