Genesis La Economic Growth Corporation
Genesis La Economic Growth Corporation
Want to make a donation using Daffy?
Lower your income taxes with a charitable deduction this year when you donate to this non-profit via Daffy.
Do you work for Genesis La Economic Growth Corporation? Learn more here.
About this organization
Mission
Genesis LA delivers financial solutions that advance economic and social opportunities in underserved communities.
About
The organization assisted in combating community deterioration by implementing, supporting or contributing to the support of programs, projects and activities of public nature designed to stimulate, foster, coordinate, plan, improve and encourage economic development thereby ameliorating conditions of poverty, dependency, chronic unemployment and under-employment, rising community tensions, and social and economic disparity in areas of poverty and areas impacted by natural and unnatural disasters.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “The primary purpose of the organization shall be to combat community deterioration by assisting, implmenting, supporting or contributing to the support of programs, projects and activities of public nature designed to stimulate economic development.”.
When referring to its actions, they were outlined as: “Provide loans, investments and technical assistance to projects serving low income communities.”.
- The non-profit has complied with legal obligations by reporting their state of operation as CA.
- The non-profit's address in 2020 is noted in the filing as 801 SOUTH GRAND AVENUE 775, LOS ANGELES, CA, 90017.
- The non-profit's form for 2020 reports a total of 8 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $2,821,686.
- The organization has 10 independent voting members.
- The organization was formed in 1998.
- The organization pays $1,488,266 in salary, compensation, and benefits to its employees.
- The organization pays $47,372 in fundraising expenses.
Additional Non-Profits in the area
By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.