Skip to main content

Nonprofit · EIN 83-0382839

NEXT STEP HOUSING CORPORATION

Tax-exempt · CAMBRIDGE, MA 02140

Financials

$151K$167K2023$232K$249K2024
Revenue Expenses · by fiscal year end
Financials of NEXT STEP HOUSING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$231,770$249,171-$17,401$913,337$853,430$59,907
December 31, 2023990$151,453$166,587-$15,134$1,232,177$1,154,869$77,308
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$439,900
of which government grants
$185,470
Program service revenue
$12,670
Investment income
-$252,773
Net gain from sales of assets
-$254,430
Other revenue
$31,973

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$299
Occupancy
$117,527
Depreciation
$83,767
Program services (functional)
$245,981
Management and general (functional)
$3,190

Balance sheet and other

Total assets, start of year
$1,232,177
Total assets, end of year
$913,337
Total liabilities, end of year
$853,430
Net assets, end of year
$59,907
Land, buildings and equipment
$791,957
Net assets without donor restrictions
$59,907
Gross receipts
$486,200
Employees
0
Volunteers
3
Year formed
2003
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
CARL NAGY-KOECHLINEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0$178,596$27,139
LISA DRAPKINCLERK
Trustee or director, Officer
1$0$0$0
MICHAEL KUHNTREASURER
Trustee or director, Officer
1$0$0$0
PETER MUNKENBECKPRESIDENT
Trustee or director, Officer
1$0$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CARL NAGY-KOECHLINDIRECTOR
Trustee or director
1$0$172,710$37,555
PETER MUNKENBECKPRESIDENT/DIRECTOR
Trustee or director, Officer
1$0$0$0
MICHAEL KUHNTREASURER/DIRECTOR
Trustee or director, Officer
1$0$0$0
LISA DRAPKINDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
430 RINDGE AVE STE 301, CAMBRIDGE, MA 02140-2088
In care of
% JUST A START
Principal officer (990 for 2024)
CARL NAGY-KOECHLIN, 430 RINDGE AVENUE 301, CAMBRIDGE, MA 02140
Signed the 990
CARL NAGY-KOECHLIN, EXECUTIVE DIRECTOR
Phone
(617) 494-0444
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

TO CONSTRUCT, MANAGE, OPERATE, MAINTAIN AND DEAL IN ALL RESPECTS WITH THE MULTI-FAMILY, LOW-INCOME AND TRANSITIONAL HOUSING DEVELOPMENT KNOWN AS NEXT STEPS TRANSITIONAL, AN AFFORDABLE HOUSING DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • TO CONSTRUCT, MANAGE, OPERATE, AND MAINTAIN AND DEAL IN ALL RESPECTS WITH THE MULTI-FAMILY, LOW-INCOME AND TRANSITIONAL HOUSING DEVELOPMENT KNOWN AS NEXT STEP TRANSITIONAL, AN AFFORDABLE HOUSING DEVELOPMENT. CREATION AND OPERATION OF AFFORDABLE TRANSITIONAL AND PERMANENT RENTAL HOUSING.
    Expenses $245,981 · revenue $44,643

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-0382839
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$913,337
Income (IRS master file)
$486,200

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$231,770$249,171$913,337XML
990December 2023$151,453$166,587$1,232,177XML
990December 2022$102,949$149,912$1,264,399IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-0382839).

Questions about NEXT STEP HOUSING CORPORATION

What is the EIN of NEXT STEP HOUSING CORPORATION?
The employer identification number (EIN) of NEXT STEP HOUSING CORPORATION is 83-0382839.
Is NEXT STEP HOUSING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to NEXT STEP HOUSING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEXT STEP HOUSING CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEXT STEP HOUSING CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEXT STEP HOUSING CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NEXT STEP HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 names CARL NAGY-KOECHLIN.
Who are the officers and directors of NEXT STEP HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does NEXT STEP HOUSING CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $231,770, expenses of $249,171 and total assets of $913,337 at year end.

Other nonprofits in CAMBRIDGE

All nonprofits in CAMBRIDGE · Massachusetts · Housing and shelter