Genesis Community Development Corp

Organization Overview

Genesis Community Development Corp is located in Jackson, TN. The organization was established in 2007. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genesis Community Development Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Genesis Community Development Corp generated $50.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $50.8k during the year ending 06/2022. While expenses have increased by 8.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE THE IMPROVEMENT OF THE PHYSICAL, ECONOMIC, OR SOCIAL ENVIRONMENT OF WEST TENNESSEE BY ADRESSING ONE OR MORE CRITICAL PROBLEMS OF THE AREA, WITH PARTICULAR ATTENTION TO THE NEEDS OF LOW OR MODERATE INCOME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PASS THROUGH FUNDING FROM THE CITY COMMUNITY DEVELOPMENT PROGRAM TO LOCAL BOYS & GIRLS CLUB AND SOUTHWEST COMMUNITY DEVELOPMENT PROGRAM


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Board, Officers & Key Employees

Name (title)Compensation
Mark C Reid
Treasurer
$0
Lovell C Hayes
President
$0
Michael Brooks
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $50,000
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$50,000
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $50,000

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