Overview
What is Genesis Development?
Genesis Development is a nonprofit organization that, as per the provided information, has ceased operations and filed for bankruptcy on June 11, 2021. The organization's primary mission or activity remains undisclosed in the provided data. However, it's important to note that the bankruptcy filing marks a significant change in its operations and financial status.
Is Genesis Development legitimate?
Genesis Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Development 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
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What is the mission statement of Genesis Development?
Genesis Development, a formerly active nonprofit organization, ceased its operations and filed for bankruptcy on June 11, 2021. Unfortunately, there is no available information regarding its mission statement before its closure. Consequently, I'm unable to provide a summary of its mission at this time.
Who is the CEO of Genesis Development?
Donald F Neiman is the Bankruptcy Trustee of Genesis Development.
What is the revenue of Genesis Development?
Genesis Development's revenue in 2023 was $2,704,561.
Who are the executives of Genesis Development and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Genesis Development?
Genesis Development's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Genesis Development
Genesis Development, a once active nonprofit organization, ceased its operations and filed for bankruptcy on June 11, 2021. Initially, the organization had a mission, although the specifics are not provided in the given information. However, it's clear that Genesis Development, in its operational phase, was a nonprofit entity that at some point in its history, encountered financial challenges leading to its bankruptcy filing.
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Impact
October, 2024
Genesis Development's impact was centered around providing employment opportunities and support for individuals in the Des Moines area. Prior to its cessation of operations, the organization aimed to create job opportunities, helping people gain skills and achieve economic independence. Its mission contributed to the local economy and the lives of those it served, focusing on enhancing employability and providing valuable resources. However, the organization filed for bankruptcy on June 11, 2021, signaling the end of its operational capacity and reducing the availability of its services in the community. The termination of Genesis Development highlights the challenges faced by organizations in sustaining their missions, which can have lasting implications for the individuals who benefitted from its support.
This information is meant to be a general summary of Genesis Development. 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 2023.
- Gross Receipts: $2,704,561
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1973
Phone
(515) 246-5877Principal Officer
Donald F Neiman
Main Address
801 GRAND AVE 3700, DES MOINES, IA, 50309
NTEE Category
Code: J300 - Employment
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