Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2017.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
86 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
7 people listed on the 990; $50K paid to officers and key staff.
Leslie Brakefield’s $55K as Development is at the 45th percentile of top reported officer pay among 852 $100K–1M 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 · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Leslie Brakefield | $55,417 | $47,917 | $50,000 | $56,250 | $35,000 | $6,667 |
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
Revitalizes communities by providing housing, beautification, and family services to empower low-income individuals.
Questions for I58 INC
Your first name shows with your question. I58 INC answers here, for everyone.
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Home Repair Program
This program is designed to assist low-income homeowners in making needed repairs to their primary residence to address critical life, health and safety issues. This is done with several different funding sources such as, south carolina housing trust fund, hud older adult home modification funds, and duke weatherization funds.
Rental Housing Program
The purpose of this program is to provide affordable housing for individuals who have completed rehabilitation or recovery programs. Rent rates are typicallly lower than market rates and are often subsidized through other state housing urban and development programs.
Transitional Men's Housing Program
This program is designed to serve as a residence for certain men in the community. The transitional house itself features six bedrooms and three bathrooms. The house had been abandoned for over a decade and was previously encumbered by a restrictive covenant imposed by hud.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $5K | $123K |
| Land, buildings, equipmentLn 10c | $4K | $456K |
| Total assetsLn 16 | $349K | $684K |
| LiabilitiesLn 26 | $101K | $209K |
| Net assetsLn 32 | $248K | $476K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $50K | $40K | $8K | $2K |
| Other salaries and wagesLn 7 | $26K | $13K | $13K | |
| Payroll taxesLn 10 | $6K | $4K | $2K | $191 |
| Accounting feesLn 11c | $3K | $3K | ||
| Advertising and promotionLn 12 | $2K | $2K | ||
| Office expensesLn 13 | $10K | $10K | ||
| OccupancyLn 16 | $12K | $12K | ||
| TravelLn 17 | $1K | $1K | ||
| Conferences, conventions and meetingsLn 19 | $6K | $6K | ||
| InterestLn 20 | $7K | $7K | ||
| Depreciation, depletion and amortizationLn 22 | $6K | $6K | $159 | |
| InsuranceLn 23 | $3K | $3K | ||
| Other expenses (24a–d)Ln 24 | $308K | $304K | $4K | |
| All other expensesLn 24e | $2K | $555 | $2K | |
| Total functional expensesLn 25 | $443K | $380K | $60K | $3K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $778K | $662K | $116K | $681K | 990 PDF |
| FY2024 | $422K | $335K | $88K | $565K | 990 PDF |
| FY2023 Viewing | $590K | $443K | $147K | $476K | 990 PDF |
| FY2022 | $1.0M | $994K | $34K | $248K | 990 PDF |
| FY2021 | $736K | $568K | $167K | $214K | 990 PDF |
| FY2020 | $164K | $47K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $590,072 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, no flags
Part VIII · Statement of revenue $590,072 across 6 lines filed
Part IX · Statement of functional expenses $443,030 across 14 lines filed
Part X · Balance sheet $684,228 assets, 14 lines filed
Part XI · Reconciliation of net assets $475,596 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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