GENESIS HOUSING DEVELOPMENT CORPORATION

EIN: 300406723 501(c)(3) Housing & Shelter

ROCHESTER, NY

Total Revenue
$39,920
Total Expenses
$23,548
Total Assets
$2,601,551
Net Assets
$2,598,240
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NY
Principal Officer
MAGGIE BRINGEWATT
Phone
5854241400
Tax Period
2023-01-01 to 2023-12-31

GENESIS HOUSING DEVELOPMENT CORPORATION, founded in 2013, is a micro nonprofit in the Housing & Shelter sector that reported $40K in total revenue in fiscal year 2023. The organization ran a surplus of $16K, a strong 41% operating margin.

Mission

THE COMPANY'S CHARITABLE PURPOSE IS TO ASSIST THE POOR AND DISTRESSED, SPECIFICALLY WITH THEIR NEED FOR AFFORDABLE, SAFE, CLEAN AND SANITARY HOUSING

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $24,000
Program Service Revenue $3,000
Investment Income $12,720
Other Revenue $200
TOTAL REVENUE $39,920

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $16,148
Other Expenses $8,548
TOTAL EXPENSES $23,548

Year-over-Year Comparison

2023 2022 Change
Revenue $39,920 N/A N/A
Expenses $23,548 N/A N/A
Net Income $16,372 $0 N/A
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAYTON CLOEN SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
GEORGE PARKER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MAGGIE BRINGEWATT PRESIDENT 1.00
Officer Director
$0 $0 $0
THEODORA FINN DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $39,920 $23,548 $2,601,551 $16,372
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GENESIS HOUSING DEVELOPMENT CORPORATION with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.