GENESIS HOUSING DEVELOPMENT CORPORATION
7735 S VERNON AVE, CHICAGO, IL 60619

Total Revenue
$584,320
Total Expenses
$597,509
Net Assets
$-1,157,460

Organizations Filed Purposes: 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.

GHDC had a variety of programs, including Community Education Programs that provided counseling, advise, and financial support for homebuyers, as well as homeowners that are in danger of losing their homes to foreclosure or nonpayment of mortgage. There is also a Real Estate Development Program that buys foreclosed single family houses or two flats and rehabs them and either sells them to low income individuals or rents them to section 8 low income individuals. Finally, GHDC has Illinois DCEO Weatherization and REAT Programs, which helps low income homeowners to properly weatherize their homes to save on gas and electricity and helps defray the repair and/or replacement costs of furnances, heaters, and air conditioners.

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.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Steeve KiddEXECUTIVE DIRECTOR40$82,654
Abraham LacyExecutive Dir.40$10,000
Phil SnordenBD MBR-20175$0
Eric ThompsonBD MBR-20175$0
Dexter WatsonBD MBR-20155$0
Damon PerryBD MBR-20155$0
Gwen ShawBD MBR & TRSR5$0
Jimmy AkintondeBD MBR & SCTRY5$0
Torrence MooreVICE PRSDNT-155$0
Robert MillerChairman5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013299349301211_public.xml