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Genesis Lifecare Corp

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

EIN: 812041419 ✦ Longmeadow, MA ✦ Designated as a 501(c)(3)

Overview

What is Genesis Lifecare Corp?

Genesis Lifecare Corp is a nonprofit organization situated in Longmeadow, Massachusetts, with a specific focus on providing subsidized housing for low-income elderly tenants. The primary objective of this organization, as stated in the information, is to cater to the needs of independent senior citizens, offering them comfort, security, and conveniences typically found in apartment communities. The organization operates under the guidelines of the U.S. Department of Housing and Urban Development (HUD), ensuring that it meets the unique requirements of its target demographic.


Official website here: www.jgslifecare.org/services/genesis-lifecare

Is Genesis Lifecare Corp legitimate?

Genesis Lifecare Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Lifecare Corp 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: $0

For more financial information, click here


Official website here: www.jgslifecare.org/services/genesis-lifecare

What is the mission statement of Genesis Lifecare Corp?

Genesis Lifecare Corp, as subsidized housing under HUD, is committed to serving the needs of independent senior citizens. It provides them with the comfort, security, and conveniences typically found in apartment communities. The primary mission of Genesis Lifecare Corp is to operate housing facilities for low-income elderly tenants on a non-profit basis, aiming to cater to their specific requirements. It strives to create a living environment that caters to the needs of senior citizens, offering them a sense of independence and community.


Official website here: www.jgslifecare.org/services/genesis-lifecare

Who is the CEO of Genesis Lifecare Corp?

Stephen Krevalin is the President of Genesis Lifecare Corp. The CEO's salary of Genesis Lifecare Corp is $0 and their total compensation is $0.


Official website here: www.jgslifecare.org/services/genesis-lifecare

What is the revenue of Genesis Lifecare Corp?

Genesis Lifecare Corp's revenue in 2022 was $1,593,430.


Official website here: www.jgslifecare.org/services/genesis-lifecare

Who are the executives of Genesis Lifecare Corp and what are their salaries?

Here are 8 key members and their salaries (Genesis Lifecare Corp's CEO's salary is $0 and their total compensation is $0):

    Adam Berman (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Berman (Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Krevalin (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Foster (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Chase (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Rappaport (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Hirshberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Baevsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.jgslifecare.org/services/genesis-lifecare

    Where can I find the form 990 for Genesis Lifecare Corp?

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


    Official website here: www.jgslifecare.org/services/genesis-lifecare

    Learn more at the official website: www.jgslifecare.org/services/genesis-lifecare

    Mission Statement of Genesis Lifecare Corp

    Genesis Lifecare Corp, a subsidized housing organization under the HUD, is dedicated to catering to the needs of independent seniors. This nonprofit entity aims to provide these seniors with the comfort, security, and conveniences they seek in an apartment community. The primary mission of Genesis Lifecare Corp is to operate housing for low-income elderly tenants on a nonprofit basis. By doing so, it strives to offer a living environment that meets the unique needs and preferences of senior individuals, ensuring they can enjoy their golden years with a sense of independence and peace of mind.

    Impact

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




    Saturday, July 20, 2024

    Genesis Lifecare Corp's impact is significant in providing subsidized housing for low-income elderly tenants who seek comfort, security, and convenience in Longmeadow, MA. By operating on a Genesis Lifecare Corp basis, this organization plays a crucial role in meeting the housing needs of independent seniors in the community. Their mission to offer affordable and supportive housing options for elderly individuals contributes to enhancing their quality of life and overall well-being. This initiative helps in ensuring that seniors have access to safe and stable housing, promoting dignity and independence in their later years.





    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: $715
  • Program Service Revenue: $1,591,819
  • Gross Receipts: $1,593,430

    • Assets and Liabilities:
  • Total Assets: $4,606,121
  • Total Liabilities: $8,479,237
  • Net Assets: -$3,873,116
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,591,819

    Organization Details

    Founding Year

    2016

    Principal Officer

    Stephen Krevalin

    Main Address

    832 CONVERSE STREET, LONGMEADOW, MA, 01106

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Genesis Lifecare Corp 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.