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

k.fleck@nextstepus.org
Mission Statement info

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

Founded info
2010
Total Employees info
13
Total Volunteers info
Not reported
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.
Targeted Clients info
  • Disabled
  • Economically Disadvantaged
  • Family Services & Support
  • First-Time Homebuyers
  • General Public
  • Homeless
  • Individuals Seeking Credit/Financial Counseling
  • Rural Residents
  • Senior Citizens
  • Veterans/Service Members
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
Primary Focus info
Affordable Housing and Related Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
100%
Percent LMI Served info
CRA Certification info
Approved
Date Last Certified info
1/1/2020


Current Status info
Active
CRA Story info
Next Step Network, Inc. is a national nonprofit housing intermediary that works to promote and expand the use of factory-built housing as a viable solution to address the national housing gap and affordability crisis. Our organization mobilizes a national network of mission-driven nonprofits, leaders in the manufactured housing industry, and lending institutions serving home buyers and homeowners in their communities. Next Step’s system – Manufactured Housing Done Right – connects responsible financing, comprehensive homebuyer education and delivery of high-quality, ENERGY STAR® manufactured homes at scale, creating a model that brings more value to homeowners.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
SMARTMH PROGRAM
Next Step's SmartMH Program connects educated homebuyers with financial institutions and manufactured home retailers to increase access to affordable, energy-efficient manufacture homes with fair financing.
CRA Category info
Affordable Housing
Program Recipient info
Manufactured Home Buyers
Program Footprint info
National
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.
CRA Category info
Affordable Housing
Program Recipient info
Manufactured Home Buyers
Program Footprint info
National
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.
CRA Category info
Affordable Housing
Program Recipient info
Next Step Network Members
Program Footprint info
National
TRAINING AND TECHNICAL ASSISTANCE FOR MEMBERS
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.
CRA Category info
Affordable Housing
Program Recipient info
Next Step Network Members
Program Footprint info
National
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
$1.5M
Revenue
$1.5M
Assets
$1.5M
Exempt Ruling Date info
2012-08
Deductibility Status info
Deductible
Tax Filing Year info
2018
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
States Where Tax Return is Filed info
KY
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 Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
4350 BROWNSBORO RD STE 110
Louisville, KY 40207
Jefferson County
FIPS Geocoded Address info
31140
MSA/CBSA info
21
State info
111
County info
0100.01
Tract info
Upper
Income Level info
Core-Based Statistical Area info
Louisville/Jefferson County, KY-IN
Combined Statistical Area info
Louisville/Jefferson County--Elizabethtown--Bardstown, KY-IN
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info
Designated Distressed Census Tract info
Underserved Census Tract info
Service Area info
  Next Step Network:
  • National
SmartMH Program:
  • National
Headquarters:
  • Louisville, Kentucky

Market Data

Census Tract County
0100.01 Jefferson County
Population
Total Population 4,422 767,154
Total Households 2,054 310,318
Income
Median Family Income (Census*) $102,169 $54,357
Median Family Income (2019 FFIEC) $70,800 N/A
Tract Income Percentage 157.26% N/A
Below Poverty Level 4.3% 14.8%
Unemployment Level 3.4% 5.9%
Housing
Total Housing Units 2,126 343,432
Total Owner-Occupied Units 90.5% 61.7%
Total Renter-Occupied Units 6.2% 38.3%
Total Vacant Units 3.4% 8.8%
* Census tract income based on 2019 Census estimated data; County income based on 2018 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

12
Total Voting Members
in Governing Body
info
12
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Stacey Epperson
President & Founder
(502) 992-9416
Principal Officer info
Stacey Epperson
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower 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

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax 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 www.learncra.com.