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Genesis Residential

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

EIN: 465609714 ✦ Gadsden, AL ✦ Designated as a 501(c)(3)

Overview

What is Genesis Residential?

Genesis Residential is a nonprofit organization situated in Gadsden, Alabama. Their primary mission is to offer residential care for adults struggling with intellectual disabilities in the northeastern part of the state. With a dedicated team of 70 employees, Genesis Residential provides a supportive and nurturing environment to help these individuals lead fulfilling lives. They strive to ensure that their residents have access to necessary resources and care, contributing positively to their well-being and overall development.


Is Genesis Residential legitimate?

Genesis Residential is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Residential 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $924,269

For more financial information, click here


What is the mission statement of Genesis Residential?
Who is the CEO of Genesis Residential?
What is the revenue of Genesis Residential?
Who are the executives of Genesis Residential and what are their salaries?
Where can I find the form 990 for Genesis Residential?

Mission Statement of Genesis Residential

Genesis Residential, a nonprofit organization, is dedicated to providing residential habilitation for adults with intellectual disabilities in Northeast Alabama. Their mission is centered around creating an environment that caters to the unique needs of these individuals, aiming to enhance their overall quality of life. By offering residential services, Genesis Residential enables adults with intellectual disabilities to live as independently as possible, fostering their personal growth and development. The organization's primary focus is on providing a supportive living space that allows individuals to learn essential life skills, build meaningful relationships, and actively participate in their communities. Genesis Residential's mission is a testament to its commitment to empowering adults with intellectual disabilities, enabling them to lead fulfilling lives with dignity and respect.

Impact

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




Saturday, July 20, 2024

Genesis Residential's impact is significant in providing residential habilitation for adults with intellectual disabilities in Northeast Alabama. By offering specialized care and support services, Genesis Residential plays a crucial role in enhancing the quality of life for individuals with intellectual disabilities in the region. Their mission to provide a safe and nurturing environment for these individuals underscores their commitment to promoting independence and well-being. Through their dedicated efforts, Genesis Residential positively contributes to the lives of those they serve, fostering a sense of belonging and empowerment within the community.





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 2023.

  • Investment Income: $4,478
  • Program Service Revenue: $1,944,846
  • Gross Receipts: $1,952,354

    • Assets and Liabilities:
  • Total Assets: $1,196,079
  • Total Liabilities: $99,003
  • Net Assets: $1,097,076
  • Programs

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

    BILLING INCOME

    Revenue

    $1,748,101

    ROOM AND BOARD

    Revenue

    $192,966

    ADMINISTRATIVE INCOME

    Revenue

    $3,779

    Organization Details

    Founding Year

    2014

    Principal Officer

    Kathy West

    Main Address

    PO BOX 1457, GADSDEN, AL, 35902

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Genesis Residential 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.