Overview
What is Genesis Housing Inc?
Genesis Housing Inc, situated in Oregon, Wisconsin, is a nonprofit organization devoted to providing affordable housing solutions for the elderly and disabled. They operate 56 apartment units, securing financial assistance from the USDA Rural Development for rent. Their mission is to empower this vulnerable population by offering affordable housing, thereby enhancing their quality of life.
Is Genesis Housing Inc legitimate?
Genesis Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Genesis Housing Inc 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: $38,343
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What is the mission statement of Genesis Housing Inc?
Genesis Housing Inc is committed to providing affordable housing for the elderly and disabled. They accomplish this mission by obtaining rent assistance from the USDA Rural Development. The organization manages 56 apartment units specifically designed for individuals with low income. Their primary goal is to ensure that these vulnerable groups have a place to call home, enhancing their livelihood and quality of life. Genesis Housing Inc's efforts contribute to a more inclusive and supportive community for the elderly and disabled population.
Who is the CEO of Genesis Housing Inc?
Tim Olson is the President of Genesis Housing Inc.
What is the revenue of Genesis Housing Inc?
Genesis Housing Inc's revenue in 2022 was $558,539.
Who are the executives of Genesis Housing Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Genesis Housing Inc?
Genesis Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Genesis Housing Inc
Genesis Housing Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for the elderly and disabled. Utilizing rent assistance from the USDA Rural Development, Genesis Housing Inc operates 56 apartment units, offering a secure living environment for individuals who may be financially challenged. The mission of Genesis Housing Inc is to ensure that these vulnerable communities have access to safe, low-cost housing, thereby improving their quality of life. By leveraging government funding, Genesis Housing Inc is able to fulfill its mission, offering a vital service to those who need it most.
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Impact
October, 2024
Genesis Housing Inc delivers significant impact by providing affordable housing solutions specifically for the elderly and disabled populations. By operating 56 apartment units, the organization addresses critical housing needs for low-income individuals in Oregon, Wisconsin. Utilizing rent assistance from USDA Rural Development, Genesis Housing ensures that this vulnerable demographic has access to safe and reliable living environments, which is essential for their well-being and quality of life. This approach not only alleviates financial burdens but also fosters a sense of community and stability for residents, enhancing their overall quality of life.
This information is meant to be a general summary of Genesis Housing Inc. 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: $435
- Program Service Revenue: $426,155
- Gross Receipts: $558,539
Assets and Liabilities:
- Total Assets: $1,361,597
- Total Liabilities: $802,016
- Net Assets: $559,581
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$417,214
LAUNDRY INCOME
Revenue
$4,745
MISC INCOME
Revenue
$4,196
Organization Details
Founding Year
1971
Phone
(608) 835-8600Principal Officer
Tim Olson
Main Address
230 S OAK ST, OREGON, WI, 53575
NTEE Category
Code: L21 - Housing
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