First Step Housing

Arts & culture organization based in Sacramento, CA. 208 employees. Exempt under §501(c)(3).

MissionFIRST STEP COMMUNITIES WILL CREATE INTERIM HOUSING AND EMERGENCY SHELTER FOR PEOPLE EXPERIENCING HOMELESSNESS. HERE THEY WILL LIVE IN SAFETY AND DIGNITY, RECEIVE THE SERVICES THEY REQUIRE, AND TAKE A FIRST-STEP AWAY FROM HOMELESSNESS TOWARD SELF-SUFFICIENCY AND PERMANENT HOUSING.

Financial snapshot · TY 2024

$8.0M
Total revenue
$8.0M
Total expenses
$2.9M
Net assets

Financial health · TY 2024

44
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
10
1.8 months of expenses
Program efficiency
100
89.8% spent on programs
Revenue diversity
1
Mix of program fees, grants & contributions

Leadership compensation

Stephen Watters
CHIEF EXECUTIVE OFFICER
$134,703
24th percentile vs. peers
Joseph Pacheco
EXECUTIVE DIRECTOR
$99,830
24th percentile vs. peers

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First Step Housing Executive Compensation | 990 Data | DoubleNine