Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2012.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
83 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
16 people listed on the 990; $291K paid to officers and key staff.
Stacey Epperson’s $189K as President & is at the 84th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Stacey Epperson | $188,513 | $154,465 | $136,270 | $146,989 | $124,960 |
| Chris Nicely | — | — | — | — | $145,459 |
| Billie Wells | $96,115 | $93,450 | $90,798 | $94,596 | — |
| Tom Seel | — | — | — | — | $20,205 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Helps people afford sustainable homes and improves manufactured housing through education and efficiency.
Questions for Next Step Network INC
Your first name shows with your question. Next Step Network INC answers here, for everyone.
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Next step network, inc. Is a national, nonprofit housing intermediary that works to promote expanded use of factory-built housing as a viable solution to address housing affordability. Our organization mobilizes a national network of mission-driven nonprofits, leaders in the manufactured housing industry and lending institutions serving…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.6M | $1.1M |
| Land, buildings, equipmentLn 10c | $3K | $2K |
| Total assetsLn 16 | $1.9M | $1.7M |
| LiabilitiesLn 26 | $519K | $215K |
| Net assetsLn 32 | $1.4M | $1.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $291K | $266K | $25K | |
| Other salaries and wagesLn 7 | $350K | $268K | $41K | $41K |
| Other employee benefitsLn 9 | $214K | $184K | $15K | $15K |
| Payroll taxesLn 10 | $81K | $70K | $6K | $5K |
| Legal feesLn 11b | $4K | $1K | $3K | |
| Accounting feesLn 11c | $12K | $9K | $2K | $1K |
| Other fees for servicesLn 11g | $95K | $88K | $5K | $2K |
| Advertising and promotionLn 12 | $11K | $11K | $477 | $240 |
| Office expensesLn 13 | $1K | $851 | $289 | |
| Information technologyLn 14 | $29K | $19K | $7K | $3K |
| OccupancyLn 16 | $968 | $695 | $165 | $108 |
| TravelLn 17 | $12K | $11K | $948 | |
| Conferences, conventions and meetingsLn 19 | $1K | $1K | $135 | |
| InterestLn 20 | $5K | $4K | $966 | $629 |
| Depreciation, depletion and amortizationLn 22 | $1K | $1K | ||
| InsuranceLn 23 | $9K | $642 | $8K | |
| Other expenses (24a–d)Ln 24 | $15K | $4K | $11K | $817 |
| Total functional expensesLn 25 | $1.1M | $936K | $102K | $95K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $1.1M | $1.1M | $57K | $1.6M | 990 PDF |
| FY2023 | $1.1M | $985K | $74K | $1.6M | 990 PDF |
| FY2022 | $1.2M | $869K | $371K | $1.5M | 990 PDF |
| FY2021 | $918K | $1.0M | −$83K | $1.1M | 990 PDF |
| FY2020 Viewing | $1.2M | $1.1M | $76K | $1.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $1,209,201 revenue, 12 lines filed
Part VI · Governance 12 of 12 board members independent, no flags
Part VIII · Statement of revenue $1,209,201 across 5 lines filed
Part IX · Statement of functional expenses $1,133,547 across 17 lines filed
Part X · Balance sheet $1,665,487 assets, 13 lines filed
Part XI · Reconciliation of net assets $1,450,732 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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