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The Genesis Foundation

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

EIN: 203076391 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is The Genesis Foundation?

The Genesis Foundation is a charitable organization situated in Colorado Springs, Colorado. Its primary purpose is to aid and facilitate the operations of Christian Community Foundation, doing business as WaterStone, and other public charities. By managing donations, this foundation bolsters the initiatives of these entities, as they all share a common goal of furthering WaterStone's objectives. The Genesis Foundation's role is instrumental in ensuring the continued support and growth of these charitable endeavors.

Is The Genesis Foundation legitimate?

The Genesis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Genesis Foundation 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: $0

For more financial information, click here

What is the mission statement of The Genesis Foundation?

The Genesis Foundation is established with the primary objective of supporting the purpose of Christian Community Foundation, also known as WaterStone. The foundation's role involves receiving and managing charitable contributions, which are then channeled towards ministries that align with WaterStone's objectives. The mission of The Genesis Foundation, therefore, is to aid and reinforce the initiatives of Christian Community Foundation DBA WaterStone, as well as other public charities, in their pursuit of furthering WaterStone's goals.

Who is the CEO of The Genesis Foundation?

Laura Davis is the President of The Genesis Foundation.

What is the revenue of The Genesis Foundation?

The Genesis Foundation's revenue in 2022 was $31,011.

Who are the executives of The Genesis Foundation and what are their salaries?


Here are 6 key members and their salaries:


Chris Start (Treasurer)
  • Compensation: $0
  • Related: $213,808
  • Other: $47,018
John Mulder (Assistant Treas)
  • Compensation: $0
  • Related: $196,104
  • Other: $6,612
Beverly Deyling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Davis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Kiesewetter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Genesis Foundation?

The Genesis Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Genesis Foundation

The Genesis Foundation, as outlined, is established with a mission to support the objectives of Christian Community Foundation, doing business as WaterStone. This foundation operates under the mandate to aid and manage charitable contributions, ultimately bolstering the endeavors of organizations that align with WaterStone's purposes. By fulfilling this role, The Genesis Foundation plays a crucial part in sustaining and amplifying the impact of these public charities.

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Impact




October, 2024

The Genesis Foundation plays a vital role in enhancing the impact of the Christian Community Foundation, known as WaterStone, by facilitating and managing charitable contributions. Through its support, the foundation strengthens various public charities that align with WaterStone’s mission, fostering a collaborative environment where ministries can thrive.

By providing financial resources and strategic guidance, The Genesis Foundation empowers organizations to further their objectives in the community, thereby enriching the lives of individuals and families served by these ministries. Its efforts contribute to the broader goal of advancing religious and charitable work, making a significant difference within Colorado Springs and beyond.




This information is meant to be a general summary of The Genesis Foundation. 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.

Revenue
$31,011 (2022)
Expenses
$599,684 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $31,011
  • Gross Receipts: $31,011

Assets and Liabilities:

  • Total Assets: $3,012,468
  • Total Liabilities: $0
  • Net Assets: $3,012,468

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Organization Details

Founding Year

2007

Principal Officer

Laura Davis

Main Address

10807 New Allegiance Drive 240, Colorado Springs, CO, 80921

NTEE Category

Code: X11 - Religion related

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