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First Story

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911755886 ✦ Bend, OR ✦ Designated as a 501(c)(3)

Overview

What is First Story?

First Story is a nonprofit organization situated in Bend, Oregon. Their primary mission is to provide affordable housing solutions for lower-income families, defined as those below 80% of the area median income. They accomplish this by offering 30-year, interest-free, and no-down-payment home loans. Furthermore, First Story extends financial aid to low-income individuals, those in need, and at-risk youth. Additionally, they offer support for housing/shelter services, hunger relief, emergency aid, and aid to other organizations that align with their mission. Their efforts aim to uplift and empower the community by addressing various socio-economic challenges.


Official website here: www.firststory.org

Is First Story legitimate?

First Story is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Story submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.firststory.org

What is the mission statement of First Story?

First Story's mission is centered around providing affordable housing solutions to lower-income families, defined as those earning below 80% of the area median income. They accomplish this by offering 30-year, zero-interest, and zero-down home loans. Beyond housing, First Story also extends financial aid to low-income individuals, persons in need, and at-risk youth. Additionally, they provide funding for various social services such as housing/shelter services, hunger relief, emergency aid, and support to organizations aligned with their mission.


Official website here: www.firststory.org

Who is the CEO of First Story?

Claire Duncan is the Executive Director of First Story.


Official website here: www.firststory.org

What is the revenue of First Story?

First Story's revenue in 2022 was $4,453,023.


Official website here: www.firststory.org

Who are the executives of First Story and what are their salaries?

Here are 13 key members and their salaries:

    George Slape (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Levi Means (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Murphy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Knopp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hayden Watson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Knox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mathew Robinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Stewart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Alvstad (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caleb Anderson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alicia Moore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claire Duncan (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.firststory.org

    Where can I find the form 990 for First Story?

    The First Story’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.firststory.org

    Learn more at the official website: www.firststory.org

    Mission Statement of First Story

    First Story, a nonprofit organization, is dedicated to providing affordable housing solutions for lower-income families. Defined as individuals and families earning below 80% of the area median income, these families are the primary recipients of First Story's assistance. The organization offers a unique opportunity with a 30-year, zero-interest and zero-down home loan. In addition to housing support, First Story extends financial aid to low-income individuals, persons in need, and at-risk youth. The organization also supports various organizations aligned with its mission, providing funds for housing/shelter services, hunger relief, emergency aid, and other relevant initiatives. By doing so, First Story aims to contribute to the betterment of communities and the lives of numerous individuals in need.

    Impact

    This information is meant to be a general summary of First Story. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    First Story's impact is substantial as it provides quality affordable housing through a 30-year, zero-interest, and zero-down home loan to lower-income families. In addition, it offers financial support to low-income individuals, persons in need, and at-risk youth. The organization also provides funding for housing/shelter services, hunger relief, emergency aid, and support to other organizations aligned with its mission. This comprehensive approach positively impacts the community by improving housing stability, alleviating hunger, and supporting vulnerable populations.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $70,021
  • Program Service Revenue: $2,166,954
  • Gross Receipts: $5,872,347

    • Assets and Liabilities:
  • Total Assets: $19,966,948
  • Total Liabilities: $36,956
  • Net Assets: $19,929,992
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OTHER REAL ESTATE ACT

    Revenue

    $2,166,954

    Organization Details

    Founding Year

    1998

    Principal Officer

    Claire Duncan

    Main Address

    963 SW Simpsone Ave 110, Bend, OR, 97702

    NTEE Category

    Code: L20 - Housing

    If you are a representative of First Story and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.