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Illinois · Nonprofit

GENESIS HOUSING DEVELOPMENT CORPORATION

GENESIS HOUSING DEVELOPMENT CORPORATION (Illinois) receives grants from 6 organizations whose IRS filings report $211,881 to it, the largest being The Chicago Community Trust ($111,000). 2 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2022
$0
Funders on record
6
Grants received
$212k
Net assets
$77k
2/6 repeat funderspeak grant-dependency 5%
01What it does

What Genesis Housing Development Corporation does

Mission

Genesis Housing Development Corporations mission is the re-neighboring for the communities on the near south side of Chicago through developing single and multi-family low to moderate income housing projects, and educating the public with respect to matters concerning home ownership and rentals.

As stated on its FY2024 Form 990.

Program

  1. Genesis Housing Development Corporations mission is the re-neighboring for the communities on the near south side of Chicago through developing single and multi-family low to moderate income housing projects, and educating the public with respect to matters concerning home ownership and rentals. Genesis HDC engages in housing development activities, which is the cornerstone of the Organization. The Housing Development Program offers rental and home ownership options to low income individuals.The Community Education and Empowerment program promotes wealth building through home ownership approach to community development. Genesis HDC offers home buying classes, counseling, and credit management services to local residents. Intervention and mediation services for mortgage holders are also offered. Genesis HDC is a United States Housing and Urban Development (HUD) certified counseling agency.Illinois Neighborhood Stabilization Program (NSP) is a neighborhood stabilization program designed to revive communities hardest hit by the current foreclosure crisis. Genesis HDC has targeted the Auburn-Gresham, Chatham, and Greater Grand Crossing neighborhoods as beneficiaries of their services.

The program described on its FY2024 Form 990.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.

100 = 20182018 Revenue 100 ($584k) Expenses 100 ($598k) Net assets -1508 ($-1157460)2019 Revenue 0 ($0) Net assets -783 ($-601157)2020 Revenue 0 ($0) Net assets 0 ($0)2022 Revenue 0 ($0) Expenses 0 ($0) Net assets 100 ($77k)
2018201920202022
Revenue (0)Expenses (0)Net assets (100)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $512k to $77k (−85%).

$512k
$77k
$77k
$77k
2018201920202022
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2022
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 67%. Grants only. Government contracts and fees sit inside program revenue.

0% of GENESIS HOUSING DEVELOPMENT CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (52% for the typical peer).

This organization
Typical peer · 3,628 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.

−$13k
’18
’19
’20
$0
’22
0.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Steeve Kidd

Executive director

Board chair

Robert Miller

Chairman

As listed on its FY2024 Form 990.

2018202220232024
Listed10555
Joined··+0+0
No longer listed··00
03Who funds it

Who funds it, year by year

2017 → 2021: the base held at 1 funder, grant income fell $66k → $5k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 55% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GENESIS HOUSING DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GENESIS HOUSING DEVELOPMENT CORPORATION leans on a few funders — its largest provides 52% of grant income and the top three 93%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

94% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GENESIS HOUSING DEVELOPMENT CORPORATION.

52%
largest funder
93%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 69% · 2020 68% · 2021 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

55% of GENESIS HOUSING DEVELOPMENT CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $96k that is directly attributable, 90% of it comes from Illinois funders.

IL
OH
MD

In-state vs out-of-state, by year

’19
’20
Illinois out of state home

Funder states come from each funder’s own filing. $116k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like GENESIS HOUSING DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

0% of spending goes to programs.

Program 0%Management 0%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for GENESIS HOUSING DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GENESIS HOUSING DEVELOPMENT CORPORATION?
GENESIS HOUSING DEVELOPMENT CORPORATION (Illinois) receives grants from 6 organizations whose IRS filings report $211,881 to it, the largest being The Chicago Community Trust ($111,000). 2 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does GENESIS HOUSING DEVELOPMENT CORPORATION have?
IRS filings report 6 organizations giving $211,881 in grants to GENESIS HOUSING DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
Who is the largest funder of GENESIS HOUSING DEVELOPMENT CORPORATION?
The Chicago Community Trust is the largest funder on record, with $111,000 in grants. The full list of funders is on this page.
How can an organization like GENESIS HOUSING DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Genesis Housing Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2018–2022), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing