Public Charity

FIRST STEP APARTMENTS INC

FIRST STEP APARTMENTS INC, of MALVERN, AR, is a Public Charity tracked in Imperigo's IRS 990 database. The 2026 filing shows $295K in revenue, $263K in expenses, $679K in total assets.

EIN: 710773527 MALVERN, AR Supportive Housing for Older Adults NTEE: P75 Latest filing: 2026
Total Revenue$295K
Total Expenses$263K
Total Assets$679K
Grant Records0
Filing Years2022–2026

Mission

PROVIDE LOW-INCOME HOUSING TO PERSONS WITH DISABILITIES LOCATED IN HELENA, ARKANSAS IN ACCOURDANCE WITH U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

Where $100 goes at First Step Apartments Inc

How First Step Apartments Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$84 Programs the work itself
$16 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $84 for programs

$84
Provide low-income housing to persons with disabilities located in helena, arkansas in accourdance with u.S
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT C Carl Schultz
SECRETARY Cynthia Wheeler
TREASURER Jeffrey Owens

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2026 $295K $263K $679K
2025 $252K $283K $603K
2024 $218K $228K $596K
2023 $189K $205K $606K
2022 $171K $200K $630K

Between 2022 and 2026, reported annual revenue grew from $171K to $295K (+73%), with total assets most recently reported at $679K.

Interactive year-over-year charts and full filing details available with membership.

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