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Geneseo Development & Growth Inc

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

EIN: 363076287 ✦ Geneseo, IL ✦ Designated as a 501(c)(3)

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Overview

What is Geneseo Development & Growth Inc?

Geneseo Development & Growth Inc is a nonprofit organization dedicated to offering an affordable day care service in an area, accommodating around 200 students. The age range of the students spans from infants to school-aged children. The day care program includes providing nutritious meals such as breakfast, lunch, and snacks. Geneseo Development & Growth Inc prioritizes the health and well-being of its students, incorporating health education as a significant part of their curriculum. The organization's primary mission is to make high-quality day care accessible to families in need.


Official website here: www.growthincgeneseo.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Stars

Geneseo Development & Growth Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The charity's overall score is derived entirely from its Accountability & Finance metrics, which scored 84%. This score reflects strong governance features such as an entirely independent board and a favorable program expense ratio of 89.47%, indicating that a significant portion of funds is directed toward its programs.

Despite the strengths in governance and financial management, there are notable weaknesses in policy documentation. The organization lacks essential policies like a conflict of interest policy, whistleblower policy, and document retention and destruction policy. Additionally, the tax form is not posted on the nonprofit's website, which could limit transparency and public accessibility to financial information.

Overall, while Geneseo Development & Growth Inc demonstrates strong financial practices and governance structures, addressing the missing policies would enhance its accountability and transparency in the eyes of stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Geneseo Development & Growth Inc legitimate?

Geneseo Development & Growth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Geneseo Development & Growth 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: $657,373

For more financial information, click here


Official website here: www.growthincgeneseo.com

What is the mission statement of Geneseo Development & Growth Inc?

Geneseo Development & Growth Inc is committed to providing an affordable day care service, catering to around 200 students. This inclusive program offers care for infants, preschoolers, and school-aged children, providing them with meals throughout the day. The organization places a significant focus on health education and welfare, ensuring the overall well-being of the children under their care.


Official website here: www.growthincgeneseo.com

Who is the CEO of Geneseo Development & Growth Inc?

Tia Perez is the President of Geneseo Development & Growth Inc.


Official website here: www.growthincgeneseo.com

What is the revenue of Geneseo Development & Growth Inc?

Geneseo Development & Growth Inc's revenue in 2022 was $1,211,644.


Official website here: www.growthincgeneseo.com

Who are the executives of Geneseo Development & Growth Inc and what are their salaries?

The average compensation at Geneseo Development & Growth Inc during 2022 was $15,652. There are 42 employees and 7 volunteers at Geneseo Development & Growth Inc.


Here are 7 key members and their salaries:


Zachary Hutchinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Preston Jones (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Sefton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katelyn Turner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janella Springer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tia Perez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Mcbride (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.growthincgeneseo.com

Where can I find the form 990 for Geneseo Development & Growth Inc?

Geneseo Development & Growth Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.growthincgeneseo.com

Learn more at the official website: www.growthincgeneseo.com

Mission Statement of Geneseo Development & Growth Inc

Geneseo Development & Growth Inc is committed to providing an affordable day care solution in its operations. The nonprofit organization offers a comprehensive day care program catering to around 200 students, encompassing infants, preschoolers, and school-aged children. Beyond day care, Geneseo Development & Growth Inc ensures that children receive nutritious meals, including breakfast, lunch, and snacks.

One of the primary focuses of Geneseo Development & Growth Inc's day care program is health education and welfare. The organization recognizes the importance of equipping young minds with essential health knowledge from an early age, ensuring their overall well-being. This mission aligns with the organization's dedication to providing a nurturing and supportive environment where children can grow and thrive.

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Impact




October, 2024

Geneseo Development & Growth Inc significantly enhances the community by providing affordable day care services to approximately 200 students, catering to infants, preschoolers, and school-aged children. This program not only addresses the critical need for accessible child care but also offers nutritious meals, including breakfast, lunch, and snacks, ensuring that children receive proper nutrition throughout the day.

The organization places a strong emphasis on health education and welfare, fostering a holistic approach to early childhood development. By prioritizing health education, it empowers children and their families with knowledge that can lead to healthier lifestyle choices. This commitment not only supports the immediate needs of families but also contributes to the long-term well-being of the community by promoting healthier future generations.

In a broader sense, Geneseo Development & Growth Inc plays a vital role in enabling parents to pursue work or education, knowing their children are in a safe and nurturing environment. This support can lead to increased economic stability and a stronger community overall. The organization’s efforts create a foundation for lifelong learning and development, ensuring that children are well-prepared for their educational journeys ahead.




This information is meant to be a general summary of Geneseo Development & Growth 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.

Revenue
$1,211,644 (2022)
Expenses
$975,839 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$1,683
  • Program Service Revenue: $818,211
  • Gross Receipts: $1,215,076

Assets and Liabilities:

  • Total Assets: $722,320
  • Total Liabilities: $63,026
  • Net Assets: $659,294

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CHILD CARE FOOD PROGRAM

Revenue

$42,180

CHILD TUITION

Revenue

$776,031

Organization Details

Founding Year

1980

Principal Officer

Tia Perez

Main Address

541 E NORTH STREET PO BOX 172, GENESEO, IL, 61254

NTEE Category

Code: B22Z - Education

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