Genesis Development Corporation in Madison, Wisconsin (WI)

Table of contents:

Organization representatives - add corrected or new information about Genesis Development Corporation »

Non-representatives - add comments about Genesis Development Corporation»

Genesis Development Corporation
Employer Identification Number (EIN)391919663
Name of OrganizationGenesis Development Corporation
In Care of NameDr Richard Harris
Address313 W Beltline Highway, Madison, WI 53713-2679
SubsectionCharitable Organization
Ruling Date04/1999
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2007
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,806,616
Amount of Income$424,783
Form 990 Revenue Amount$-221,088
National Taxonomy of Exempt Entities (NTEE)Mental Health, Crisis Intervention: Alcohol, Drug and Substance Abuse, Dependency Prevention and Treatment


Non-representatives - add comments:


CAPTCHA

Your IP address 23.20.211.153 will be logged.

Amount of income in 2007: $424,783
This organization: 

 $424,783
Other organizations performing similar types of work: 

 $120,147

Assets in 2007: $2,806,616
Genesis Development Corporation: 

 $2,806,616
Other organizations performing similar types of work: 

 $40,600

Expenses in 2002: $401,849
Genesis Development Corporation: 

 $401,849
Other organizations performing similar types of work: 

 $194,616

Income to expenses ratio in 2002: 1.2
Genesis Development Corporation: 

 1.2
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2002: 98.4%
This organization: 

 98.4%
Other organizations performing similar types of work: 

 94.3%

Number of employees in 2002: 10
This organization: 

 10
Other organizations performing similar types of work: 

 55

Employees paid over $50,000 in 2002: 0.0%
Genesis Development Corporation: 

 0.0%
Other organizations performing similar types of work: 

 33.3%

Grants share in income in 2002: 178.6%
This organization: 

 178.6%
Other organizations performing similar types of work: 

 73.3%

Financial snapshot ($)

Revenue for 2002

Assets at end of 2002

Expenses for 2002

Functional Expenses for 2002 ($)

Income-Producing Activities for 2002

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2002
Total revenue$487,860
Contributions, gifts, grants, and similar amounts received$871,552
Contributions to donor advised funds
Direct public support$129,379
Indirect public support$16,944
Government contributions (grants)$725,229
Program service revenue including government fees and contracts$268
Membership dues and assessments$0
Interest on savings and temporary cash investments$4,281
Dividends and interest from securities$0
Net rental income or (loss)$-390,473
Gross rents$113,911
Less: rental expenses$504,384
Other investment income$0
Gain or (loss) from sales of assets other than inventory$0
Gross amount from sales of assets other than inventory$0
Less: cost or other basis and sales expenses$0
Net income or (loss) from special events and activities$0
Gross revenue$0
Less: direct expenses other than fundraising expenses$0
Gross profit or (loss) from sales of inventory$0
Gross sales of inventory, less returns and allowances$0
Less: cost of goods sold$0
Other revenue$2,232
Total expenses$401,849
Program services$395,614
Management and general$6,235
Fundraising$0
Payments to affiliates$0
Net assets or fund balances at end of year$59,600
Excess or (deficit) for the year$86,011
Net assets or fund balances at beginning of year$-26,411
Other changes in net assets or fund balances$0
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$401,849$395,614$6,235$0
Grants paid from donor advised funds
Other grants and allocations$0
Specific assistance to individuals$18,641
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$242,959$242,959$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$37,733$37,733$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$20,763$20,763$0$0
Telephone$6,012$6,012$0$0
Postage and shipping$0$0$0$0
Occupancy$33,959$33,959$0$0
Equipment rental and maintenance$2,154$2,154$0$0
Printing and publications$0$0$0$0
Travel$2,893$2,893$0$0
Conferences, conventions, and meetings$288$288$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$1,172$1,172$0$0
Other expenses not covered above$35,275$29,040$6,235$0
Balance Sheets
2002
Total assets$3,246,201
Cash - non-interest-bearing$131,953
Savings and temporary cash investments$0
Accounts receivable less allowance for doubtful accounts$8,193
Pledges receivable less allowance for doubtful accounts$11,684
Grants receivable$2,774
Receivables from current and former officers, directors, trustees, and key employees$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0
Inventories for sale or use$0
Prepaid expenses and deferred charges$0
Investments - publicly-traded securities
Investments - other securities$0
Investments - land, buildings, and equipment less accumulated depreciation$0
Investments - other$0
Land, buildings, and equipment less accumulated depreciation$3,091,597
Other assets, including program-related investments$0
Total liabilities$3,186,601
Accounts payable and accrued expenses$352,763
Grants payable$0
Deferred revenue$0
Loans from officers, directors, trustees, and key employees$0
Tax-exempt bond liabilities$0
Mortgages and other notes payable$2,833,838
Other liabilities$0
Total liabilities and net assets/fund balances$3,246,201
Total net assets or fund balances$59,600
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2002
Total revenue$487,860
Total revenue, gains, and other support per audited financial statements$992,244
Other expenses$504,384
Net unrealized gains on investments$0
Donated services and use of facilities$0
Recoveries of prior year grants$0
Other$504,384
Other revenue$0
Investment expenses$0
Other$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2002
Total expenses$401,849
Total expenses and losses per audited financial statements$906,233
Other revenue$504,384
Donated services and use of facilities$0
Prior year adjustments$0
Losses$0
Other$504,384
Other expenses$0
Investment expenses$0
Other$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 200610
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$0$-383,692
Program service revenue
Program service revenue 1000000$000$0$268
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$4,281
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$-390,473
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$2,232
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
2001
Total$575,980
Gifts, grants, and contributions received$575,980
Membership fees received$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0
Net income from unrelated business activities not included above$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0
Other income$0
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Genesis Development Corporation to others? (optional)
  
Add photo of Genesis Development Corporation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Sweepstakes

Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!



Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):


Recently Added Reviews
Nehemiah Community Development Corporation in Madison, WI
*****
Childrens Vision International Inc, C-O Ann Thicke in Bangor, WI
**•
Jfs Housing Inc in Milwaukee, WI
*****
Childrens Advisory Network in Centennial, CO
*****
Day By Day Community Outreach Inc in Farmingdale, NY
*
Trenton Evergreen Cemetery Association Inc in Barneveld, NY
*****
Helping Hearts Equine Rescue, Helping Hearts Equine Rescue Inc in Perrineville, NJ
*****
Soul Winners Odc Ministries in Commerce, CA
****
Inmates In Transition Inc in Cleveland Heights, OH
Adopt-A-Dog Inc in Liberty, IN
*
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Community Solutions Inc4 Griffin Rd N, Windsor, CT 06095-1511CT2000-11$33,234,005
2Delmarva Foundation For Medical Care Inc9240 Centreville Rd, Easton, MD 21601-7012MD1993-12$29,284,040
3Rincon Family Services3809 W Grand Ave, Chicago, IL 60651-2004IL1978-12$3,216,709
4Guthrie Same Day Surgery Center Inc1 Guthrie Sq, Sayre, PA 18840-1625PA2005-01$3,136,284
5Genesis Development Corporation313 W Beltline Highway, Madison, WI 53713-2679WI1999-04$424,783
6Smoky Mountain Area Rescue Ministries IncPO BOX 5968, Sevierville, TN 37864-5968TN2004-05$327,397
7Carlsbad Community Anti Drug Gang Coalition Inc1312 W Riverside Dr, Carlsbad, NM 88220-4033NM2004-12$288,585
8Equest4704 Woods Dr, Etna, CA 96027-9519CA2004-11$276,901
9Fessenden Supportive Housing Inc236 Warburton Ave, Yonkers, NY 10701-2226NY2001-10$138,529
10Ministry Of Reconciliation1271 Belleview St, Morgan City, LA 70380-5351LA2007-03$109,042
11Eisenhower Center Inc4425 W Woolworth Ave, Milwaukee, WI 53218-1412WI1964-02$1,708,297
12Arbor Place Inc320 21st St N, Menomonie, WI 54751-2228WI1977-08$1,092,952
13Hope Street Ministries Inc2522 W Capital Drive, Milwaukee, WI 53206-1455WI2005-10$297,910
14Charles E Kubly Fund Inc833 E Lake Forest Ave, Milwaukee, WI 53217-5377WI2004-05$239,823
15Community Institute For Family Resources Inc7945 N 76th St, Milwaukee, WI 53223-3947WI1999-07$228,118
16Ashland Area Council On Alcoholism And Drug Abuse Inc502 Main St W Ste 305, Ashland, WI 54806-1579WI1982-03$227,952
17Genesis Social Services Corporation313 W Beltline Hwy, Madison, WI 53713-2679WI2007-06$140,876
18Aaron J Meyer Foundation Inc5 Eastbourne Cir, Madison, WI 53717-1094WI2007-01$44,896
19Celebrate Recovery North Shore Inc4480 N Woodburn St, Shorewood, WI 53211-1553WI2007-08$12,211
20New Partnerships For Women Inc7739 Hillcrest Ave, Middleton, WI 53562-3615WI2004-08$5,000
Number of organizations performing similar types of work
Alaska7
Alabama52
Arkansas27
Arizona40
California373
Colorado25
Connecticut21
District of Columbia14
Delaware3
Florida146
Georgia109
Hawaii11
Iowa19
Idaho17
Illinois73
Indiana50
Kansas14
Kentucky35
Louisiana42
Massachusetts29
Maryland53
Maine13
Michigan86
Minnesota34
Missouri41
Mississippi14
Montana7
North Carolina75
North Dakota3
Nebraska9
New Hampshire14
New Jersey37
New Mexico17
Nevada29
New York73
Ohio82
Oklahoma16
Oregon31
Pennsylvania76
Rhode Island2
South Carolina27
South Dakota3
Tennessee62
Texas155
Utah10
Virginia31
Vermont11
Washington44
Wisconsin25
West Virginia14
Wyoming8
International12
Total2,221

faqs.org is not associated with, endorsed by, or sponsored by Genesis Development Corporation and has no official or unofficial affiliation with Genesis Development Corporation