2024-05-30T12:29:56-04:00 2023-12-31 383658083 CRAFT WANINGER NOBLE & COMPANY PLLC 1018 IVAL JAMES BLVD STE B RICHMOND KY 40475 990 2023-01-01 611656588 NEXT STEP NETWORK INC NEXT 5026941979 1287 ROYAL AVENUE LOUISVILLE KY 40204 STACEY EPPERSON PRESIDENT & FOUNDER 5029929416 2024-05-23 STACEY EPPERSON XXX-XX-XXXX false P JARED NOBLE P00322012 8596234027 2024-05-30 2023 2023-04-26 12:10:37Z STACEY EPPERSON 1287 ROYAL AVENUE LOUISVILLE KY 40204 1058582 false X WWW.NEXTSTEPUS.ORG X 2011 DE PUTTING SUSTAINABLE HOMEOWNERSHIP WITHIN REACH OF EVERYONE, WHILE TRANSFORMING THE MANUFACTURED HOUSING INDUSTRY THROUGH CONSUMER EDUCATION, AFFORDABILITY AND ENERGY-EFFICIENCY. 12 12 7 0 872755 635742 351756 376119 0 14776 46721 1239287 1058582 14535 0 644811 736093 0 73389 223962 234084 868773 984712 370514 73870 1952736 1862455 463662 299511 1489074 1562944 X PUTTING SUSTAINABLE HOMEOWNERSHIP WITHIN REACH OF EVERYONE, WHILE TRANSFORMING THE MANUFACTURED HOUSING INDUSTRY THROUGH CONSUMER EDUCATION, AFFORDABILITY AND ENERGY-EFFICIENCY. false false 861442 14535 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. 861442 true false false false false false false false false false true false false false true false true true false false false false false false false false false true false true false false false false false false false false false false false false true false false false false true 6 0 false 7 true false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true false false KY X X BILLIE WELLS 5026941979 1287 ROYAL AVENUE LOUISVILLE KY 40204 STACEY EPPERSON PRESIDENT & 40.00 X X 154465 0 19000 BILLIE WELLS FINANCE DIRE 40.00 X 93450 0 0 JAY ARNEJA SECRETARY 2.00 X X 0 0 0 DEBORAH CAMPBELL BOARD MEMBER 2.00 X 0 0 0 SARAH KACKAR BOARD MEMBER 2.00 X 0 0 0 ADONIS LOGAN BOARD MEMBER 2.00 X 0 0 0 CLEMENTE MOJICA CHAIRPERSON 2.00 X X 0 0 0 BARRY NOFFSINGER TREASURER 2.00 X X 0 0 0 DOUG RYAN BOARD MEMBER 2.00 X 0 0 0 HALE SHAW VICE-CHAIRPE 2.00 X X 0 0 0 LANAELLE SMITH BOARD MEMBER 2.00 X 0 0 0 LOWELL UNGAR BOARD MEMBER 2.00 X 0 0 0 LAUREN WILLIAMS BOARD MEMBER 2.00 X 0 0 0 DR ALICE YOUNG BOARD MEMBER 2.00 X 0 0 0 247915 19000 1 false true false 635742 635742 GOVERNMENT SPONSORED ENTITY 230000 272869 272869 CONTRACT REVENUES 230000 103250 103250 376119 OTHER REVENUES 230000 46721 46721 46721 1058582 422840 X 14535 14535 324519 285310 10820 28389 350761 308382 11694 30685 29099 25583 970 2546 31714 27883 1057 2774 534 534 12100 9173 1245 1682 131280 126270 1230 3780 3637 3337 128 172 1623 708 915 26569 16944 7159 2466 34026 33743 283 3860 3386 474 1978 1978 8994 8994 TELEPHONE & INTERNET 4521 3457 452 612 MISCELLANEOUS 3890 2681 1209 DUES & SUBSCRIPTIONS 1072 50 1022 984712 861442 49881 73389 1648486 1556041 300000 300220 1602 1927 2300 17316 15024 2323 2292 1952736 1862455 59918 64793 403744 234718 463662 299511 X 1422687 1487944 66387 75000 1489074 1562944 1952736 1862455 73870 X false true X true false X 1888405 984951 828873 872755 635742 5210726 1888405 984951 828873 872755 635742 5210726 5210726 72372 74450 89453 105276 153131 494682 5705408 3645485 0.91330 0.92570 X PART II, LINE 10 MANFACTURER COMMISSIONS 19,405 OTHER INCOME 137,276 CONTRACT REVENUES 338,001 17316 15024 2292 2292 CONTRACT LIABILITY 234718 234718 1058582 1058582 1058582 984712 984712 984712 false KENTUCKY MOUNTAIN HOUSING PO BOX 729 MANCHESTER KY 40962 610865223 14535 HOME OWNERSHIP false false false false false false false false false STACEY EPPERSON PRESIDENT & FOUNDER 154465 19000 173465 FORM 990, PAGE 2, PART III, LINE 4A 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. FORM 990, PAGE 6, PART VI, LINE 11B NEXT STEP NETWORK ENGAGES ITS AUDITING FIRM TO PREPARE THE IRS FORM 990, USING INFORMATION GATHERED FROM THE ANNUAL AUDIT AS WELL AS SUPPLEMENTAL INFORMATION PROVIDED BY NEXT STEP NETWORK'S STAFF. UPON COMPLETION, THE PRESIDENT & FOUNDER REVIEWS THE DRAFT AND MAKES AMENDMENTS AND/OR CORRECTIONS AS NEEDED. IF NECESSARY, THE DRAFT FORM IS THEN PASSED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS. THIS COMMITTEE REVIEWS THE FORM AND MAKES AMENDMENTS AND/OR CORRECTIONS AS NEEDED. THE COMMITTEE APPROVES THE FINAL DRAFT OF THE FORM, AND SUBMITS IT TO THE PRESIDENT & FOUNDER FOR SIGNATURE. A COPY OF THE FORM IS DISTRIBUTED TO THE FULL BOARD, AND MEMBERS ARE AFFORDED THE OPPORTUNITY TO POSE QUESTIONS ABOUT THE FORM. FORM 990, PAGE 6, PART VI, LINE 12C EACH YEAR, OFFICERS, DIRECTORS, AND EMPLOYEES RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY AND, ON THE FORM ATTACHED, INDICATE WHETHER OR NOT THEY BELIEVE THEY HAVE A CONFLICT AND, IF SO, WHAT THEY BELIEVE THE NATURE OF THAT CONFLICT TO BE. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS EACH STATEMENT AND TAKES ACTION TO INVESTIGATE AND, IF NECESSARY, RESOLVE THE CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS PERFORMS A REVIEW OF THE PRESIDENT & FOUNDER'S COMPENSATION PERIODICALLY. THE EXECUTIVE COMMITTEE CHARGES THE HUMAN RESOURCE COMMITTEE TO RESEARCH EXECUTE OFFICER COMPENSATION LEVELS FOR ORGANIZATIONS SIMILAR IN SIZE, REVENUE, AND MISSION - BOTH AT THE LOCAL AND NATIONAL LEVEL. THE HUMAN RESOURCES COMMITTEE PERFORMS THIS RESEARCH, COMPILES THE INFORMATION, AND SUBMITS IT TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE REVIEWS THE INFORMATION, SETS THE LEVEL OF COMPENSATION, AND REPORTS TO THE BOARD OF DIRECTORS. THE RESEARCH AND THE PROCESSES ARE DOCUMENTED AT THE TIME THAT THEY ARE PERFORMED; THE PROCESS TAKES APPROXIMATELY TWO MONTHS TO COMPLETE. AS THE ORGANIZATION DOES NOT FINANCIALLY COMPENSATE OTHER BOARD MEMBERS, AND HAS NO KEY EMPLOYEES, A PROCESS FOR DETERMINING A COMPENSATION FOR OFFICERS OR STAFF IS NOT NECESSARY. FORM 990, PAGE 6, PART VI, LINE 19 NEXT STEP NETWORK MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. REQUEST CAN BE MADE VIA DIRECT MAIL, EMAIL, TELEPHONE, OR IN PERSON. IF A REQUEST IS MADE BY DIRECT MAIL, EMAIL OR TELEPHONE, A COPY OF THE REQUESTED DOCUMENT IS FORWARDED TO THE INDIVIDUAL THAT REQUESTED THE INFORMATION. IF A REQUEST IS MADE IN PERSON, A COPY IS MADE AVAILABLE TO THE INDIVIDUAL FOR THEIR INSPECTION. IF THE INDIVIDUAL(S) WISHES TO RETAIN A COPY OF THIS INFORMATION, A COPY IS PROVIDED. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES 0 1,230 0 CONSULTANTS 126,270 0 3,780 TOTAL 126,270 1,230 3,780 NEXT STEP HOMES LLC 1278 ROYAL AVENUE LOUISVILLE KY 40204 465134633 HOUSING DE N/A