Civic Intelligence

Genesis Homes Inc.

990 • Fiscal year 2023 • EIN 20-5473974

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 26, 2024

Organization Profilewww.genesishomessc.org/about_us
PO Box 5839Greenville, SC 29606

(864) 735-8083

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.80x

Higher debt load relative to assets than 87% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

13.49x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

58th percentile

7.2%

Higher net margin than 58% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

16th percentile

$48,000

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

86th percentile

34%

Faster asset growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

66th percentile

15%

Faster revenue growth than 66% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$14,113,783

Up $3,592,063 (+34%) from 2022

Net Assets

Up

$2,798,712

Up $60,534 (+2.2%) from 2022

Liabilities

Up

$11,315,071

Up $3,531,529 (+45%) from 2022

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin58th percentile

Revenue

Up

$838,769

Up $106,952 (+15%) from 2022

Expenses

Up

$778,235

Up $108,545 (+16%) from 2022

Net Income

Down

$60,534

Down $1,593 (-2.6%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $1,022,947Liabilities 2010: $282,777Net Assets 2010: $740,1702010Assets 2011: $2,764,341Liabilities 2011: $551,845Net Assets 2011: $2,212,4962011Assets 2012: $3,149,546Liabilities 2012: $564,612Net Assets 2012: $2,584,9342012Assets 2013: $3,152,978Liabilities 2013: $555,284Net Assets 2013: $2,597,6942013Assets 2014: $4,254,904Liabilities 2014: $1,247,870Net Assets 2014: $3,007,0342014Assets 2015: $4,744,763Liabilities 2015: $1,075,263Net Assets 2015: $3,669,5002015Assets 2016: $5,824,558Liabilities 2016: $1,592,489Net Assets 2016: $4,232,0692016Assets 2017: $5,920,563Liabilities 2017: $1,308,482Net Assets 2017: $4,612,0812017Assets 2018: $6,823,132Liabilities 2018: $1,512,279Net Assets 2018: $5,310,8532018Assets 2019: $7,085,136Liabilities 2019: $1,566,038Net Assets 2019: $5,519,0982019Assets 2020: $7,393,132Liabilities 2020: $1,558,123Net Assets 2020: $5,835,0092020Assets 2021: $8,742,813Liabilities 2021: $6,066,762Net Assets 2021: $2,676,0512021Assets 2022: $10,521,720Liabilities 2022: $7,783,542Net Assets 2022: $2,738,1782022Assets 2023: $14,113,783Liabilities 2023: $11,315,071Net Assets 2023: $2,798,7122023Assets 2024: $14,541,261Liabilities 2024: $11,587,064Net Assets 2024: $2,954,1972024

Highlighted filing

2023

Assets$14,113,783
Liabilities$11,315,071
Net Assets$2,798,712
Open 2023 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0Expenses 2010: $103,5002010Revenue 2011: $1,440,379Expenses 2011: $441,445Net Income 2011: $998,9342011Revenue 2012: $618,619Expenses 2012: $246,181Net Income 2012: $372,4382012Revenue 2013: $251,131Expenses 2013: $238,371Net Income 2013: $12,7602013Revenue 2014: $1,028,155Expenses 2014: $618,815Net Income 2014: $409,3402014Revenue 2015: $1,240,125Expenses 2015: $577,659Net Income 2015: $662,4662015Revenue 2016: $979,167Expenses 2016: $416,598Net Income 2016: $562,5692016Revenue 2017: $857,373Expenses 2017: $477,361Net Income 2017: $380,0122017Revenue 2018: $1,236,062Expenses 2018: $537,290Net Income 2018: $698,7722018Revenue 2019: $800,180Expenses 2019: $591,935Net Income 2019: $208,2452019Revenue 2020: $898,438Expenses 2020: $582,527Net Income 2020: $315,9112020Revenue 2021: $634,287Expenses 2021: $611,527Net Income 2021: $22,7602021Revenue 2022: $731,817Expenses 2022: $669,690Net Income 2022: $62,1272022Revenue 2023: $838,769Expenses 2023: $778,235Net Income 2023: $60,5342023Revenue 2024: $1,184,112Expenses 2024: $1,028,627Net Income 2024: $155,4852024

Highlighted filing

2023

Revenue$838,769
Expenses$778,235
Net Income$60,534
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 26, 2024
Return Version
2023v5.1
Gross Receipts
$838,769
Mission and Program Overview

Mission

Genesis homes seeks to facilitate neighborhood revitalization efforts in low to moderate income areas in the upstate of south carolina through development of affordable housing(home ownership and rental), community development, public/private partnerships and empowermnt activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,373,311$12,580,996▲ $3,207,685
Cash and Non-Interest-Bearing Accounts$703,771$1,130,689▲ $426,918
Pledges and Grants Receivable$414,929$364,133▼ $50,796
Accounts Receivable$1,953$0▼ $1,953
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$10,521,720$14,113,783▲ $3,592,063
Other Assets Total$27,756$37,965▲ $10,209
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,442,944$10,906,635▲ $3,463,691
Accounts Payable and Accrued Expenses$324,092$391,912▲ $67,820
Other Liabilities$16,506$16,524▲ $18
Total Liabilities$7,783,542$11,315,071▲ $3,531,529
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,738,178$2,798,712▲ $60,534
Total Net Assets Fund Balance$2,738,178$2,798,712▲ $60,534
Total Liabilities and Net Assets / Fund Balance$10,521,720$14,113,783▲ $3,592,063

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,361,369$1,845,514$13,206,883
Land$1,213,294-$1,213,294
Leasehold Improvements$6,333$6,046$12,379
Compensation and Service Providers
Top Officer Pay16th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tom WhittedCEOFT$48,000$48,000

Board Members and Trustees

NameTitle
Gaye SpragueChair
Adele RyanBoard Member
Austin GoforthBoard Member
Baxter WynnBoard Member
Dejr BostickBoard Member
Donna ColemanBoard Member
Frank SmithBoard Member
Hayes HollidayBoard Member
Karla ElrodBoard Member
Lacy GrimmBoard Member
Leif BusbyBoard Member
Mamie WatkinsBoard Member
Rick JoyeBoard Member
Sallie GoldBoard Member
Sylvia PalmerBoard Member
Traci BrookieBoard Member
Will ChildersBoard Member
Yvonne DuckettBoard Member
Alana BellSecretary
Sandy BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,046
Program Service Revenue
$803,730
Investment Income
$26,973
Other Revenue
$1,020
All Other Contributions
$7,046
Change in Net Assets
$60,534

Audited Revenue Reconciliation

Revenue per Audited Statements
$838,769
Total Revenue per Audited Statements
$838,769
Total Revenue per Form 990
$838,769
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$682,595
Salaries, Compensation, and Employee Benefits$95,640
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$290,795--$290,795
Interest$68,308--$68,308
Fees for Services Other$21,684$31,801-$53,485
Current Officers, Directors, Trustees, and Key Employees$40,800$7,200-$48,000
Other Salaries and Wages$34,718$6,126-$40,844
Insurance$32,018$6,999-$39,017
Payroll Taxes$5,776$1,020-$6,796
All Other Expenses$300$2,126-$2,426
Other Expenses$43,715$1,978-$1,978
Office Expenses-$1,551-$1,551
Information Technology-$640-$640
Total Functional Expenses$718,794$59,441$0$778,235

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$778,235
Total Expenses per Audited Statements$778,235
Total Expenses per Form 990$778,235
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred/Restricted Income$9,950
Tenant Security deposits and emergency f$6,574
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 was prepared by an independent accounting firm and then given to the chairman of the board for approval. It was then reviewed and approved by the entire board.”

Form 990, Part VI, Section B, Line 12C

“Board members are responsible for making conflict of interests known and recusing themselves from any discussion and/or vote when a potential conflict exists.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Genesis Homes Inc
EIN
20-5473974
Phone
8647358083
Address
PO Box 5839, Greenville, SC 29606

Signing Officer

Name
Tom Whitted
Title
CEO
Signed
2024-09-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Whitted
Formed
2006
Legal Domicile
Sc
Voting Board Members
20
Independent Board Members
20
Employees
3

Preparer

Firm
The Hobbs Group PA
Address
1704 Laurel Street, Columbia, SC 29201
Preparer
Will Stevens CPA
Phone
8037990555
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 1C - Reportable Payments

“The organization had no reportable payments to a vendor requiring compliance with backup withholding rules, nor did they provide any reportable gaming, gambling, or winnings to a prize winner.”

Financial Statement Notes

Part X : FIN48 Footnote

“The organization has received a determination letter from the Internal Revenue Service (IRS) indicating it is a tax-exempt Organization under section 501(c)(3) of the Internal Revenue Code and is subject to federal income tax only on unrelated business income. Management is not aware of any transactions which would jeopardize their tax-exempt status.Accounting principles generally accepted in the United States of America requires management to evaluate tax positions taken by the Organization and to recognize a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed the tax positions taken by the Organization and has concluded that as of December 31, 2023 and 2022, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) of disclosure in the financial statements. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. U.S. state jurisdictions have statues of limitations that generally range from three to five years.”

Raw XML AppendixShowing 400 of 553 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0324092
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0391912
IRS990/AccountsReceivableGrp/BOYAmt01953
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0GENESIS HOMES SEEKS TO FACILITATE NEIGHBORHOOD REVITALIZATION EFFORTS IN LOW TO MODERATE INCOME AREAS IN THE UPSTATE OF SOUTH CAROLINA THROUGH DEVELOPMENT OF AFFORDABLE HOUSING(HOME OWNERSHIP AND RENTAL), COMMUNITY DEVELOPMENT, PUBLIC/PRIVATE PARTNERSHIPS AND EMPOWERMNT ACTIVITIES.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt07046
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02126
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0300
IRS990/AllOtherExpensesGrp/TotalAmt02426
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Sandy Brown
IRS990/BooksInCareOfDetail/PhoneNum08649793975
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0133 Winding River Drive
IRS990/BooksInCareOfDetail/USAddress/CityNm0Anderson
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029625
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0703771
IRS990/CashNonInterestBearingGrp/EOYAmt01130689
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt07200
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt040800
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt048000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07046
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt026973
IRS990/CYOtherExpensesAmt0682595
IRS990/CYOtherRevenueAmt01020
IRS990/CYProgramServiceRevenueAmt0803730
IRS990/CYRevenuesLessExpensesAmt060534
IRS990/CYSalariesCompEmpBnftPaidAmt095640
IRS990/CYTotalExpensesAmt0778235
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0838769
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0290795
IRS990/DepreciationDepletionGrp/TotalAmt0290795
IRS990/Desc0GENESIS HOMES SEEKS TO FACILITATE NEIGHBORHOOD REVITALIZATION EFFORTS IN LOW TO MODERATE INCOME AREAS IN THE UPSTATE OF SOUTH CAROLINA THROUGH DEVELOPMENT OF AFFORDABLE HOUSING(HOME OWNERSHIP AND RENTAL), COMMUNITY DEVELOPMENT, PUBLIC/PRIVATE PARTNERSHIPS AND EMPOWERMNT ACTIVITIES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0718794
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt031801
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt021684
IRS990/FeesForServicesOtherGrp/TotalAmt053485
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt180.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt190.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt200.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/PersonNm0Tom Whitted
IRS990/Form990PartVIISectionAGrp/PersonNm1Leif Busby
IRS990/Form990PartVIISectionAGrp/PersonNm2Mamie Watkins
IRS990/Form990PartVIISectionAGrp/PersonNm3Will Childers
IRS990/Form990PartVIISectionAGrp/PersonNm4Alana Bell
IRS990/Form990PartVIISectionAGrp/PersonNm5Yvonne Duckett
IRS990/Form990PartVIISectionAGrp/PersonNm6Austin Goforth
IRS990/Form990PartVIISectionAGrp/PersonNm7Sallie Gold
IRS990/Form990PartVIISectionAGrp/PersonNm8Lacy Grimm
IRS990/Form990PartVIISectionAGrp/PersonNm9Sandy Brown
IRS990/Form990PartVIISectionAGrp/PersonNm10Hayes Holliday
IRS990/Form990PartVIISectionAGrp/PersonNm11Rick Joye
IRS990/Form990PartVIISectionAGrp/PersonNm12Sylvia Palmer
IRS990/Form990PartVIISectionAGrp/PersonNm13Dejr Bostick
IRS990/Form990PartVIISectionAGrp/PersonNm14Adele Ryan
IRS990/Form990PartVIISectionAGrp/PersonNm15Frank Smith
IRS990/Form990PartVIISectionAGrp/PersonNm16Gaye Sprague
IRS990/Form990PartVIISectionAGrp/PersonNm17Traci Brookie
IRS990/Form990PartVIISectionAGrp/PersonNm18Baxter Wynn
IRS990/Form990PartVIISectionAGrp/PersonNm19Donna Coleman
IRS990/Form990PartVIISectionAGrp/PersonNm20Karla Elrod
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt048000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0838769
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0640
IRS990/InformationTechnologyGrp/TotalAmt0640
IRS990/InsuranceGrp/ManagementAndGeneralAmt06999
IRS990/InsuranceGrp/ProgramServicesAmt032018
IRS990/InsuranceGrp/TotalAmt039017
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt068308
IRS990/InterestGrp/TotalAmt068308
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt026973
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt026973
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01851560
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09373311
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012580996
IRS990/LandBldgEquipCostOrOtherBssAmt014432556
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0GENESIS HOMES SEEKS TO FACILITATE NEIGHBORHOOD REVITALIZATION EFFORTS IN LOW TO MODERATE INCOME AREAS IN THE UPSTATE OF SOUTH CAROLINA THROUGH DEVELOPMENT OF AFFORDABLE HOUSING(HOME OWNERSHIP AND RENTAL), COMMUNITY DEVELOPMENT, PUBLIC/PRIVATE PARTNERSHIPS AND EMPOWERMNT ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07442944
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010906635
IRS990/NetAssetsOrFundBalancesBOYAmt02738178
IRS990/NetAssetsOrFundBalancesEOYAmt02798712
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02738178
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02798712
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01551
IRS990/OfficeExpensesGrp/TotalAmt01551
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt027756
IRS990/OtherAssetsTotalGrp/EOYAmt037965
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Rental Management
IRS990/OtherExpensesGrp/Desc1Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc2Management Fees
IRS990/OtherExpensesGrp/Desc3Meals and Entertainment
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01978
IRS990/OtherExpensesGrp/ProgramServicesAmt0111374
IRS990/OtherExpensesGrp/ProgramServicesAmt169306
IRS990/OtherExpensesGrp/ProgramServicesAmt243715
IRS990/OtherExpensesGrp/TotalAmt0111374
IRS990/OtherExpensesGrp/TotalAmt169306
IRS990/OtherExpensesGrp/TotalAmt243715
IRS990/OtherExpensesGrp/TotalAmt31978
IRS990/OtherLiabilitiesGrp/BOYAmt016506
IRS990/OtherLiabilitiesGrp/EOYAmt016524
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01020
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01020
IRS990/OtherRevenueTotalAmt01020
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06126
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt034718
IRS990/OtherSalariesAndWagesGrp/TotalAmt040844
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01020
IRS990/PayrollTaxesGrp/ProgramServicesAmt05776
IRS990/PayrollTaxesGrp/TotalAmt06796
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0414929
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0364133
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Tom Whitted
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Amortization of Forgivabl
IRS990/ProgramServiceRevenueGrp/Desc1Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0311372
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1492358
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0311372
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1492358
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt097585
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt09750
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0573051
IRS990/PYOtherRevenueAmt0235777
IRS990/PYProgramServiceRevenueAmt0388705
IRS990/PYRevenuesLessExpensesAmt062127
IRS990/PYSalariesCompEmpBnftPaidAmt096639
IRS990/PYTotalExpensesAmt0669690
IRS990/PYTotalRevenueAmt0731817
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt060534
IRS990/RegularMonitoringEnfrcInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,113,783
Liabilities
$11,315,071
Net assets
$2,798,712
Revenue
$838,769
Expenses
$778,235
Net income
$60,534
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.5$11.6$2.95$1.18$1.03$0.16
2023Detailed filing. Detailed filing data is available for this year.$14.1$11.3$2.80$0.84$0.78$0.06
2022Detailed filing. Detailed filing data is available for this year.$10.5$7.78$2.74$0.73$0.67$0.06
2021Detailed filing. Detailed filing data is available for this year.$8.74$6.07$2.68$0.63$0.61$0.02
2020Detailed filing. Detailed filing data is available for this year.$7.39$1.56$5.84$0.90$0.58$0.32
2019Detailed filing. Detailed filing data is available for this year.$7.09$1.57$5.52$0.80$0.59$0.21
2018Summary only. Only limited summary data is available for this year.$6.82$1.51$5.31$1.24$0.54$0.70
2017Summary only. Only limited summary data is available for this year.$5.92$1.31$4.61$0.86$0.48$0.38
2016Summary only. Only limited summary data is available for this year.$5.82$1.59$4.23$0.98$0.42$0.56
2015Summary only. Only limited summary data is available for this year.$4.74$1.08$3.67$1.24$0.58$0.66
2014Summary only. Only limited summary data is available for this year.$4.25$1.25$3.01$1.03$0.62$0.41
2013Summary only. Only limited summary data is available for this year.$3.15$0.56$2.60$0.25$0.24$0.01
2012Summary only. Only limited summary data is available for this year.$3.15$0.56$2.58$0.62$0.25$0.37
2011Summary only. Only limited summary data is available for this year.$2.76$0.55$2.21$1.44$0.44$1.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.28$0.74$0.10