Overview
What is Genesis Non-Profit Housing Corporation?
Genesis Non-Profit Housing Corporation, located at 851 Leonard St NW, Grand Rapids, MI, is a dedicated nonprofit organization. Their primary mission is to help individuals with physical and mental disabilities, as well as those facing age-related challenges, to reach their full potential. They accomplish this by providing high-quality housing and support services. With a team of 27 employees, Genesis Non-Profit Housing Corporation aims to enhance the lives of those in need, offering comprehensive assistance to maximize their potential.
Official website here: www.genesisnphc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Genesis Non-Profit Housing Corporation has achieved an 88% score, which reflects strong performance in accountability and finance. This score is entirely based on their accountability and finance metrics, demonstrating effective oversight and transparency in their financial practices. The organization boasts a fully independent board and high marks for their financial statements and program expense ratio, indicating a commitment to utilizing resources effectively towards their mission.
However, there are some areas where Genesis Non-Profit Housing Corporation can improve. They are noted to be missing key policies, including a whistleblower policy and a document retention and destruction policy, which could enhance their governance framework. Additionally, their tax form is not posted on their website as required, which could hinder transparency efforts.
Despite these limitations, the organization shows a solid commitment to its financial responsibilities, with a very low liabilities to assets ratio and an impressive program expense ratio of over 90%. This suggests that a significant portion of their funding is directed towards their programs, aligning with their mission to provide housing solutions.
This AI summary has been generated from information found on Charity Navigator.
Is Genesis Non-Profit Housing Corporation legitimate?
Genesis Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Non-Profit Housing Corporation 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: $113,097
Professional Fundraising Fees: $0
Other Salaries and Wages: $653,124
For more financial information, click here
Official website here: www.genesisnphc.org
What is the mission statement of Genesis Non-Profit Housing Corporation?
Genesis Non-Profit Housing Corporation's mission is centered around assisting individuals with disabilities and those facing age-related challenges. Their aim is to help these individuals maximize their potential by providing comprehensive housing and support services of high quality. This includes developing housing options for individuals with low and moderate income, who also have physical and mental disabilities. Their mission is carried out through the provision of necessary support services, aiming to enhance the lives of those they serve.
Official website here: www.genesisnphc.org
Who is the CEO of Genesis Non-Profit Housing Corporation?
John Wynbeek is the Director of Genesis Non-Profit Housing Corporation.
Official website here: www.genesisnphc.org
What is the revenue of Genesis Non-Profit Housing Corporation?
Genesis Non-Profit Housing Corporation's revenue in 2022 was $969,712.
Official website here: www.genesisnphc.org
Who are the executives of Genesis Non-Profit Housing Corporation and what are their salaries?
The average compensation at Genesis Non-Profit Housing Corporation during 2022 was $28,379. There are 27 employees and 12 volunteers at Genesis Non-Profit Housing Corporation.
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Official website here: www.genesisnphc.org
Where can I find the form 990 for Genesis Non-Profit Housing Corporation?
Genesis Non-Profit Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.genesisnphc.org
Learn more at the official website: www.genesisnphc.org
Mission Statement of Genesis Non-Profit Housing Corporation
Genesis Non-Profit Housing Corporation is committed to helping individuals with disabilities and those facing age-related challenges reach their full potential. They achieve this goal by providing comprehensive housing and support services. The organization's mission is to assist these individuals in maximizing their capabilities, ensuring they live with dignity and independence. Genesis Non-Profit Housing Corporation focuses on developing housing for people of low and moderate income who have physical and mental disabilities. This comprehensive approach ensures that the individuals they serve have access to high-quality housing and the necessary support services they require to lead fulfilling lives.
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Impact
July, 2024
Genesis Non-Profit Housing Corporation has a significant impact on the community by providing comprehensive housing and support services to individuals with disabilities and age-related challenges. Their focus on developing housing for low and moderate-income individuals with physical and mental disabilities contributes to improving the quality of life for vulnerable populations in Grand Rapids, MI. Through their mission to maximize the potential of their clients, Genesis Non-Profit Housing Corporation plays a crucial role in promoting inclusivity and access to housing for those in need.
This information is meant to be a general summary of Genesis Non-Profit Housing Corporation. 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: $92,601
- Program Service Revenue: $820,759
- Gross Receipts: $969,712
Assets and Liabilities:
- Total Assets: $7,716,488
- Total Liabilities: $144,630
- Net Assets: $7,571,858
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$782,559
RESIDENT SUPPORT SERVI
Revenue
$403,151
MAINTENANCE SERVICES
Revenue
$141,409
REAL ESTATE MGMT FEE I
Revenue
$21,590
FEES AND CONTRACTS FRO
Revenue
$9,280
Organization Details
Founding Year
1997
Phone
(616) 988-2897Principal Officer
John Wynbeek
Main Address
851 LEONARD ST NW, GRAND RAPIDS, MI, 495044147
Website
www.genesisnphc.orgNTEE Category
Code: L20 - Housing
If you are a representative of Genesis Non-Profit Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.