Overview
What is Genesis Housing Services?
Genesis Housing Services, based in Yakima, Washington, is a nonprofit organization that specializes in providing affordable housing solutions for agricultural workers and their families. The organization develops, owns, and manages several quality housing developments, ensuring they cater to the needs of farm workers and low-income individuals and families. To further support its residents, Catholic Charities Housing Services assigns a support services staff person who organizes regular meetings, offers referrals to community social services, and arranges educational training opportunities. Genesis Housing Services' mission is to cater to the physical, social, and psychological needs of low-income individuals, promoting their health, security, happiness, and overall well-being in their long-term living.
Official website here: www.catholiccharitiescw.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Genesis Housing Services has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization scored exceptionally well in all areas, particularly in accountability, with an impressive 100% program expense ratio and a fundraising efficiency ratio of zero, indicating no fundraising costs. This high rating underscores the efficiency and transparency of the nonprofit's operations.
The organization boasts an independent board with 87% of its members being independent, which enhances governance oversight. It has implemented various policies, including conflict of interest and whistleblower policies, along with a strong audit and oversight committee, which further emphasizes its dedication to ethical management practices. The absence of any material diversion of assets and loans to/from officers is a testament to its robust financial integrity.
However, while the organization's high accountability and finance score is commendable, the focus on these metrics may not address other potential areas such as program impact and community feedback. Nevertheless, the financial health, independence of governance, and adherence to best practices in transparency position Genesis Housing Services as a reliable choice for donors looking to contribute to housing solutions.
This AI summary has been generated from information found on Charity Navigator.
Is Genesis Housing Services legitimate?
Genesis Housing Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Housing Services 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,513
For more financial information, click here
Official website here: www.catholiccharitiescw.org
What is the mission statement of Genesis Housing Services?
Genesis Housing Services is committed to providing low-income individuals and their families with housing facilities and services that cater to their physical, social, and psychological needs. The aim is to promote their health, security, happiness, and usefulness in longer living. The organization specializes in developing, owning, and managing affordable quality housing developments, primarily serving farm workers and low-income individuals and families. Genesis Housing Services also provides additional support services to its residents, including scheduling regular meetings, offering referrals to community social services, and arranging for educational training opportunities.
Official website here: www.catholiccharitiescw.org
Who is the CEO of Genesis Housing Services?
Bryan Ketcham is the Director of Genesis Housing Services.
Official website here: www.catholiccharitiescw.org
What is the revenue of Genesis Housing Services?
Genesis Housing Services's revenue in 2022 was $2,778,536.
Official website here: www.catholiccharitiescw.org
Who are the executives of Genesis Housing Services and what are their salaries?
There 5 volunteers at Genesis Housing Services.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $271,170
- Other: $28,181
- Compensation: $0
- Related: $220,886
- Other: $28,024
- Compensation: $0
- Related: $143,675
- Other: $36,157
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.catholiccharitiescw.org
Where can I find the form 990 for Genesis Housing Services?
Genesis Housing Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.catholiccharitiescw.org
Learn more at the official website: www.catholiccharitiescw.org
Mission Statement of Genesis Housing Services
Genesis Housing Services, a nonprofit organization, is dedicated to providing housing facilities and services tailored to meet the physical, social, and psychological needs of low- and moderate-income individuals. Their mission is to promote the health, security, happiness, and usefulness of these individuals, enabling them to live longer, more fulfilling lives. By offering affordable housing, Genesis Housing Services aims to create an environment that supports and uplifts its residents, ensuring their well-being and overall quality of life. To further aid their residents, the organization provides a support services staff person who schedules regular meetings, arranges for referrals to community social services, and facilitates educational training opportunities, ensuring that their residents have the resources and support necessary to thrive.
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Impact
August, 2024
Genesis Housing Services helps low and moderate-income individuals and families by providing them with affordable housing facilities and services tailored to meet their physical, social, and psychological needs. By doing so, Genesis Housing Services promotes the health, security, happiness, and overall well-being of those in need of affordable housing solutions. Their Gonzaga Townhomes development specifically offers 25 units of affordable housing to agricultural workers and their families in Yakima, WA. Through their various affordable housing projects, Genesis Housing Services makes a positive impact on the lives of farm workers and low-income individuals, ensuring they have a safe and stable place to call home.
This information is meant to be a general summary of Genesis Housing Services. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $75,656
- Program Service Revenue: $288,627
- Gross Receipts: $2,778,536
Assets and Liabilities:
- Total Assets: $11,330,677
- Total Liabilities: $4,365,843
- Net Assets: $6,964,834
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$224,861
MANAGEMENT FEES
Revenue
$61,136
TENANT FEES
Revenue
$2,630
Organization Details
Founding Year
2004
Phone
(509) 853-2800Principal Officer
Bryan Ketcham
Main Address
5301 TIETON DR STE G, YAKIMA, WA, 98908
Website
www.catholiccharitiescw.orgNTEE Category
Code: L20 - Housing
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