nonprofit logo

Genesis Homes Inc

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

EIN: 205473974 ✦ Greenville, SC ✦ Designated as a 501(c)(3)

Overview

What is Genesis Homes Inc?

Genesis Homes Inc, based in Greenville, South Carolina, is a dedicated nonprofit organization that focuses on revitalizing neighborhoods in low to moderate income areas within the Upstate region of South Carolina. They achieve this goal through various means, including the development of affordable housing options, both for home ownership and rental, as well as community development initiatives. Genesis Homes Inc also fosters public-private partnerships and encourages empowerment activities to further enhance the living conditions in these communities. With a team of three dedicated individuals, they are committed to improving the quality of life in their designated service area.


Official website here: www.genesishomessc.org/about_us

Is Genesis Homes Inc legitimate?

Genesis Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Homes 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.

Here are some key statistics you may want to consider:

Executive Compensation: $47,999
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,773

For more financial information, click here


Official website here: www.genesishomessc.org/about_us

What is the mission statement of Genesis Homes Inc?

Genesis Homes Inc is committed to revitalizing neighborhoods in low to moderate income areas. They achieve this by developing affordable housing options, both for home ownership and rentals, engaging in community development, fostering public-private partnerships, and promoting empowerment activities. Their mission is to facilitate improvements in these communities, contributing to a better living standard for its residents.


Official website here: www.genesishomessc.org/about_us

Who is the CEO of Genesis Homes Inc?

Tom Whitted is the Ceo of Genesis Homes Inc. The CEO's salary of Genesis Homes Inc is $48,000 and their total compensation is $48,000.


Official website here: www.genesishomessc.org/about_us

What is the revenue of Genesis Homes Inc?

Genesis Homes Inc's revenue in 2022 was $731,817.


Official website here: www.genesishomessc.org/about_us

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

The average compensation at Genesis Homes Inc during 2022 was $29,924. There are 3 employees at Genesis Homes Inc.

Here are 25 key members and their salaries (Genesis Homes Inc's CEO's salary is $48,000 and their total compensation is $48,000):

    Tom Whitted (Ceo)
  • Compensation: $48,000
  • Related: $0
  • Other: $0

    • Leif Busby (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bo Campbell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Will Childers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Vassallo (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chandra Dillard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yvonne Duckett (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Austin Goforth (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sallie Gold (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lacy Grimm (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandy Brown (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hayes Holliday (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Joye (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sylvia Palmer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dejr Bostick (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Robinson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adele Ryan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Shucker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Smith (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Smith (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gaye Sprague (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Traci Brookie (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Baxter Wynn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Coleman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karla Elrod (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.genesishomessc.org/about_us

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

    The Genesis Homes Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.genesishomessc.org/about_us

    Learn more at the official website: www.genesishomessc.org/about_us

    Mission Statement of Genesis Homes Inc

    Genesis Homes Inc is committed to fostering neighborhood revitalization efforts in low to moderate income areas within South Carolina's upstate region. This mission is accomplished through various strategies, primarily the development of affordable housing options, both for homeownership and rental purposes. Furthermore, Genesis Homes Inc engages in community development initiatives, public-private partnerships, and empowerment activities. These efforts aim to revitalize neighborhoods, ultimately improving the quality of life for the residents in these areas.

    Impact

    This information is meant to be a general summary of Genesis Homes Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Genesis Homes Inc's impact is felt deeply in the Upstate of South Carolina, particularly in Greenville. Through their focus on neighborhood revitalization in low to moderate-income areas, Genesis Homes is making a tangible difference by developing affordable housing options for both ownership and rental purposes. Their involvement in community development, fostering public-private partnerships, and empowerment activities further underscores their commitment to uplifting disadvantaged communities. Genesis Homes is actively working towards creating sustainable, positive change and opportunities for individuals and families in need of stable housing solutions.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $9,750
  • Program Service Revenue: $388,705
  • Gross Receipts: $797,155

    • Assets and Liabilities:
  • Total Assets: $10,521,720
  • Total Liabilities: $7,783,542
  • Net Assets: $2,738,178
  • Programs

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

    Rental Income

    Revenue

    $388,705

    Organization Details

    Founding Year

    2006

    Principal Officer

    Tom Whitted

    Main Address

    PO Box 5839, Greenville, SC, 29606

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Genesis Homes Inc 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.