Nonprofit · EIN 81-3858015
I58 INC
Tax-exempt · CHESTER, SC 29706
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $778,134 | $661,825 | $116,309 | $1,031,586 | $350,384 | $681,202 |
| December 31, 2024 | 990 | $422,466 | $334,869 | $87,597 | $853,101 | $288,208 | $564,893 |
| December 31, 2023 | 990 | $590,072 | $443,030 | $147,042 | $684,228 | $208,632 | $475,596 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $641,000
- of which government grants
- $176,875
- Program service revenue
- $137,134
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $55,417
- Other salaries and wages
- $18,333
- Salaries, compensation and benefits (total)
- $79,392
- Professional fundraising fees
- $0
- Accounting fees
- $1,000
- Travel
- $1,975
- Depreciation
- $27,939
- Program services (functional)
- $646,362
- Management and general (functional)
- $15,463
Balance sheet and other
- Total assets, start of year
- $853,101
- Total assets, end of year
- $1,031,586
- Total liabilities, end of year
- $350,384
- Net assets, end of year
- $681,202
- Land, buildings and equipment
- $750,636
- Net assets without donor restrictions
- $562,338
- Net assets with donor restrictions
- $118,864
- Gross receipts
- $778,134
- Employees
- 2
- Volunteers
- 22
- Year formed
- 2016
- State of legal domicile
- SC
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LESLIE BRAKEFIELD | DEVELOPMENT Officer | 45 | $55,417 |
| KEVIN TAYLOR | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JEFFREY COMMADORE | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| KELLI JOHNSON | SECRETARY Trustee or director, Officer | 2 | $0 |
| ANITA MCKINNEY | TREASURER Trustee or director, Officer | 3 | $0 |
| WYLIE FREDERICK | DIRECTOR Trustee or director | 1 | $0 |
| ELOISE MCCREE | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM RICE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LESLIE BRAKEFIELD | DEVELOPMENT Officer | 40 | $47,917 |
| KEVIN TAYLOR | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JEFFREY COMMADORE | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| KELLI JOHNSON | SECRETARY Trustee or director, Officer | 2 | $0 |
| ANITA MCKINNEY | TREASURER Trustee or director, Officer | 3 | $0 |
| WYLIE FREDERICK | DIRECTOR Trustee or director | 1 | $0 |
| ELOISE MCCREE | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM RICE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LESLIE BRAKEFIELD | DEVELOPMENT Officer | 40 | $50,000 |
| KEVIN TAYLOR | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JEFFREY COMMADORE | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| ANITA MCKINNEY | TREASURER Trustee or director, Officer | 3 | $0 |
| WYLIE FREDERICK | DIRECTOR Trustee or director | 1 | $0 |
| ELOISE MCCREE | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM RICE | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 297 CENTER STREET, CHESTER, SC 29706-1371
- Principal officer (990 for 2025)
- KEVIN TAYLOR, 297 CENTER STREET, CHESTER, SC 29706
- Signed the 990
- LESLIE BRAKEFIELD, DEVELOPMENT DIRECTOR
- Phone
- (803) 377-9527
- Website
- HTTPS://I58HELPS.ORG
- Return prepared by
- BURKETT BURKETT & BURKETT CPAS PA
Mission
TO EMPOWER LOWER TO MODERATE INCOME INDIVIDUALS THROUGH COMMUNITY REVITALIZATION INITIATIVES SUCH AS HOUSING, NEIGHBORHOOD BEAUTIFICATION, AND FAMILY SERVICES.
Program accomplishments
- HOME REPAIR PROGRAM - THIS PROGRAM IS DESIGNED TO ASSIST LOW-INCOME HOMEOWNERS IN MAKING NEEDED REPAIRS TO THEIR PRIMARY RESIDENCE TO ADDRESS CRITICAL LIFE, HEALTH AND SAFETY ISSUES. THIS IS DONE WITH SEVERAL DIFFERENT FUNDING SOURCES SUCH AS, SOUTH CAROLINA HOUSING TRUST FUND, HUD OLDER ADULT HOME MODIFICATION FUNDS, AND DUKE WEATHERIZATION FUNDS. EACH FUNDING SOURCE HAS DIFFERENT APPLICATION PROCESSES AND WAITING LIST.Expenses $418,894
- RENTAL HOUSING PROGRAM - THE PURPOSE OF THIS PROGRAM IS TO PROVIDE AFFORDABLE HOUSING FOR INDIVIDUALS WHO HAVE COMPLETED REHABILITATION OR RECOVERY PROGRAMS. RENT RATES ARE TYPICALLLY LOWER THAN MARKET RATES AND ARE OFTEN SUBSIDIZED THROUGH OTHER STATE HOUSING URBAN AND DEVELOPMENT PROGRAMS. I58 UNDERSTANDS THIS CAN BE CRUCIAL FOR THEIR SUCCESSFUL TRANSITION TO INDEPENDENT LIVING. BY OFFERING SUPPORT THROUGH THIS PROGRAM, I58 IS HELPING TO ENSURE THAT THESE INDIVIDUALS HAVE A STABLE ENVIRONMENT AS THEY CONTINUE THEIR JOURNEY TOWARDS SELF-SUFFICIENCY. IT IS A WAY TO EMPOWER THOSE INDIVIDUALS TO REBUILD THEIR LIVES AND THRIVE AFTER OVERCOMING CHALLENGES.Expenses $176,600 · revenue $137,134
- TRANSITIONAL MEN'S HOUSING PROGRAM - THIS PROGRAM IS DESIGNED TO SERVE AS A RESIDENCE FOR CERTAIN MEN IN THE COMMUNITY. THE TRANSITIONAL HOUSE ITSELF FEATURES SIX BEDROOMS AND THREE BATHROOMS. THE HOUSE HAD BEEN ABANDONED FOR OVER A DECADE AND WAS PREVIOUSLY ENCUMBERED BY A RESTRICTIVE COVENANT IMPOSED BY HUD. IT NOW PROVIDES A SAFE AND SECURE ENVIRONMENT FOR MEN WHO HAVE SUCCESSFULLY COMPLETED A 90-DAY REHABILITATION PROGRAM AND WISHES TO CONTINUE THEIR JOURNEY OF RECOVERY. I58 OFFERS COMPREHENSIVE SUPPORT SERVICES, INCLUDING ASSISTANCE IN JOB PLACEMENT AND CREDIT BUILDING, ENABLING THESE INDIVIDUALS TO BECOME CONTRIBUTING MEMBERS OF OUR COMMUNITY IN AS LITTLE AS 18 MONTHS AND EMPOWERING THEM TO ACHIEVE INDEPENDENT LIVING. THE RESIDENTS OF THE HOUSE CONTRIBUTE 80 PER WEEK, WHICH GOES TOWARDS COVERING THE COST ASSOCIATED WITH THE MORTGAGE, UTILITIES, INSURANCE, AND MAINTENANCE OF THE PROPERTY.Expenses $50,568
- THROUGH I58'S HOMEOWNERSHIP PROGRAM, A PIVOTAL PARTNERSHIP WAS FORGED WITH YORK TECHNICAL COLLEGE IN ROCK HILL, SC, ENABLING I58 TO CONSTRUCT 900 SQ. FT., 2-BEDROOM / 2-BATHROOM HOMES. THESE HOMES ARE METICULOUSLY CONSTRUCTED ON CAMPUS IN ROCK HILL, SC, AND THEN TRANSPORTED TO A LOT IN CHESTER COUNTY, SC, THAT WAS EITHER PURCHASED OR DONATED TO I58. THROUGH A PARTNERSHIP WITH THE CITY OF CHESTER, THE CITY HAS DONATED LOTS TO I58. THIS COLLABORATION NOT ONLY PROVIDED STUDENTS WITH VALUABLE HANDS-ON EXPERIENCE IN THE DIFFERENT AREAS OF CONSTRUCTION BUT ALSO SIGNIFICANTLY REDUCES I58'S CONSTRUCTION COSTS. WITH THE REDUCTION OF THE CONSTRUCTION COST, THIS ALLOWS I58 TO PROVIDE A FORGIVABLE SECOND MORTGAGE TO MAKE THE BORROWING AMOUNT LESS FOR THE HOMEOWNER FROM A FINANCIAL INSTITUTION. THE FORGIVABLE SECOND MORTGAGE IS USUALLY 10 - 15% DISCOUNT OF THE ASKING PRICE. ONCE THE HOUSE IS APPRAISED, THE ASKING PRICE IS THEN SET. AS LONG AS THE HOMEOWNER PAYS THEIR NOTE TO THE FINANCIAL INSTITUTION WHICH HOLDS THE FIRST MORTGAGE, THEY NEVER OWE I58 ANYTHING. THE GOAL IS TO KEEP THE MARKET VALUE OF THE COMMUNITY STABLE AND PROVIDE AFFORDABLE HOUSING AT THE SAME TIME. THEREFORE, BY GIVING THE NEW HOMEOWNER THE FORGIVABLE SECOND MORTGAGE, THIS ALLOWS THE HOMEOWNER TO COME OUT ON TOP WITH EQUITY IN THE HOME FROM DAY ONE. WHILE THE HOUSE IS UNDER CONSTRUCTION BY I58'S PARTNER, I58 IS WORKING WITH POTENTIAL CLIENTS TO HELP THEM REPAIR AND/OR ESTABLISH THEIR CREDIT, LEARN HOW TO WORK WITHIN A BUDGET AND INSTILL THE IMPORTANCE OF MAINTENANCE WITHIN THE HOUSE TO MAINTAIN THE STABILITY OF THE HOUSE. THE GOAL IS FOR THE CLIENT TO SUCCEED IN THEIR NEW JOURNEY AS HOMEOWNERS.Expenses $300
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-3858015
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L40)
- Assets (IRS master file)
- $1,031,586
- Income (IRS master file)
- $778,134
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $778,134 | $661,825 | $1,031,586 | XML |
| 990 | December 2024 | $422,466 | $334,869 | $853,101 | IRS |
| 990 | December 2023 | $590,072 | $443,030 | $684,228 | XML |
| 990 | December 2022 | $1,028,497 | $994,290 | $348,889 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 81-3858015).
Questions about I58 INC
- What is the EIN of I58 INC?
- The employer identification number (EIN) of I58 INC is 81-3858015.
- Is I58 INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to I58 INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does I58 INC 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 I58 INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did I58 INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of I58 INC?
- The 990 for the year ended December 31, 2025 names KEVIN TAYLOR.
- Who are the officers and directors of I58 INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $55,417 (LESLIE BRAKEFIELD, DEVELOPMENT).
- How much revenue does I58 INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $778,134, expenses of $661,825 and total assets of $1,031,586 at year end.
Other nonprofits in CHESTER
- CITIZENS UNITED FOR REDEVELOPMENT AND ECONOMIC STABILITY OF CHESTER EIN 82-3853419 · last filed 990-EZ for 2025
- ALPHA OMEGA HOMES INCORPORATED EIN 20-3284161 · last filed 990-EZ for 2024
- ACADEMY FOR TEACHING & LEARNING OF THE CHESTER COUNTY SCHOOL DISRICT EIN 13-4302352 · last filed 990 for 2025
- CHESTER FACILITIES CORPORATION EIN 45-4977308 · last filed 990 for 2025
- CHESTER HEALTHCARE FOUNDATION EIN 25-1913269 · last filed 990 for 2025
- CHESTER COUNTY COMMISSION ON ALCOHOL AND DRUG ABUSE EIN 57-0610928 · last filed 990 for 2025
- SENIOR SERVICES INC OF CHESTER COUNTY EIN 57-0571243 · last filed 990 for 2025
- HORIZONS CHRISTIAN ACADEMY EIN 57-1102644 · last filed 990 for 2025
All nonprofits in CHESTER · South Carolina · Housing and shelter