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GENESIS HOUSING DEVELOPMENT CORPORATION

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Public IRS 990 nonprofit record

GENESIS HOUSING DEVELOPMENT CORPORATION

EIN 36-4150441 · Low-Income & Subsidized Rental Housing (L21)

What they do

Genesis Housing Development Corporations Mission is The Re-neighboring for The Communities On The Near South Side of Chicago Through Developing Single and Multi-family Low to Moderate Income Housing Projects, and Educating The Public With Respect to Matters Concerning Home Ownership and Rentals. Genesis HDC Engages In Housing Development Activities, Which is The Cornerstone of The Organization. The Housing Development Program Offers Rental and Home Ownership Options to Low Income Individuals.The Community Education and Empowerment Program Promotes Wealth Building Through Home Ownership Approach to Community Development. Genesis HDC Offers Home Buying Classes, Counseling, and Credit Management Services to Local Residents. Intervention and Mediation Services for Mortgage Holders Are Also Offered. Genesis HDC is A United States Housing and Urban Development (HUD) Certified Counseling Agency.Illinois Neighborhood Stabilization Program (NSP) is A Neighborhood Stabilization Program Designed

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $77.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.99%of revenue went to mission work77.2% of expenses · Program services
23.26%of revenue went to management and office costs22.8% of expenses

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$584,320
Mission workProgram services$461,56878.99% of revenue77.2% of expenses
ManagementOffice and general costs$135,94123.26% of revenue22.8% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$597,509102.26% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

See all reported dollar amounts
Assets$76,768
Contributions$22,500
Mission work (program services)$461,568
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (5)

ABRAHAM LACYEXECUTIVE DIR.

GWEN SHAWBD MBR & TRSR

JIMMY AKINTONDEBD MBR & SCTRY

ROBERT MILLERCHAIRMAN

STEEVE KIDDEXECUTIVE DIRECTOR

About this charity

Recognized since
January 1997
Location
837 W 115TH ST, CHICAGO, IL 60643-4618
County
Cook
In care of
ABRAHAM LACY
Primary officer
ABRAHAM LACY, INTERIM EXE DTR

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
January 1, 2020
Return type
990EZ
Tax preparer
RAGLAND ARNOLD BUCHANAN MORRIS & ASSOCI
NTEE classification
Low-Income & Subsidized Rental Housing (L21)
IRS tax category
Low-Income & Subsidized Rental Housing

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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