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New Genesis Inc

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

EIN: 841291505 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is New Genesis Inc?

New Genesis Inc, based in Denver, Colorado, is a nonprofit organization that offers temporary shelter and meals to working homeless individuals, primarily men. Their mission involves helping these individuals overcome substance abuse, improve employability, and accumulate savings, ultimately enabling them to qualify for low-income public housing. With a team of 11 employees, New Genesis provides housing, food, and essential social services to support their clients in their journey towards self-sufficiency. Their services extend to both men and women, aiming to foster sobriety, secure employment, and establish financial stability.


Official website here: www.newgenesis.org

Is New Genesis Inc legitimate?

New Genesis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Genesis 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: $71,241
Professional Fundraising Fees: $0
Other Salaries and Wages: $161,676

For more financial information, click here


Official website here: www.newgenesis.org

What is the mission statement of New Genesis Inc?

New Genesis Inc is committed to assisting men, women, and families in their journey towards self-sufficiency. Their mission is achieved through the provision of housing, food, and social services. The blueprint for this transformation involves promoting sobriety, securing stable employment, and fostering savings. By addressing substance abuse and enhancing employability, New Genesis aims to help individuals build the financial stability necessary to qualify for affordable housing. Throughout 2022, they served 950 working homeless individuals in Denver, offering case management services to support their journey towards self-sufficiency.


Official website here: www.newgenesis.org

Who is the CEO of New Genesis Inc?

Joyce Coville is the President of New Genesis Inc. The CEO's salary of New Genesis Inc is $71,241 and their total compensation is $71,241.


Official website here: www.newgenesis.org

What is the revenue of New Genesis Inc?

New Genesis Inc's revenue in 2022 was $483,350.


Official website here: www.newgenesis.org

Who are the executives of New Genesis Inc and what are their salaries?

The average compensation at New Genesis Inc during 2022 was $21,174. There are 11 employees and 50 volunteers at New Genesis Inc.


Here are 4 key members and their salaries (New Genesis Inc's CEO's salary is $71,241 and their total compensation is $71,241):


Tammie Carroll (Ceo)
  • Compensation: $71,241
  • Related: $0
  • Other: $0
Mark Meyer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Coville (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Hegestedt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newgenesis.org

Where can I find the form 990 for New Genesis Inc?

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


Official website here: www.newgenesis.org

Learn more at the official website: www.newgenesis.org

Mission Statement of New Genesis Inc

New Genesis Inc, a nonprofit organization, is committed to assisting men, women, and families in their pursuit of self-sufficiency. Their mission is two-fold: firstly, they provide temporary housing and meals; secondly, they offer social services to help individuals overcome substance abuse, stabilize their employment, and build personal savings. This blueprint is designed to empower them, ultimately enabling them to qualify for low-income public housing. During 2022, New Genesis served 950 individuals in Denver, CO, demonstrating their impact and dedication to their cause.

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Impact




July, 2024

New Genesis Inc's impact is significant in providing housing, food, and social services to men, women, and families striving to become self-sufficient. Through its programs, New Genesis helps individuals achieve sobriety, stable employment, and build personal savings necessary for long-term stability. In 2022, the organization served 950 individuals in Denver, CO, offering temporary shelter, meals, and case management services to eliminate substance abuse and improve employability. New Genesis plays a crucial role in supporting the working homeless population and facilitating their journey towards self-sufficiency.




This information is meant to be a general summary of New Genesis 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
$483,350 (2022)
Expenses
$735,130 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9
  • Program Service Revenue: $291,034
  • Gross Receipts: $483,350

Assets and Liabilities:

  • Total Assets: $94,559
  • Total Liabilities: $194,350
  • Net Assets: -$99,791

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Programs

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

Client paid rents & fees

Revenue

$291,034

Organization Details

Founding Year

1995

Principal Officer

Joyce Coville

Main Address

1680 Sherman Street, Denver, CO, 80203

NTEE Category

Code: L410 - Housing

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