NonprofitsGenesis La Economic Growth Corporation

Community Improvement & Capacity Building

Genesis La Economic Growth Corporation

LOS ANGELES, CA

Total revenue

$36.9M

Total expenses

$7.0M

Net assets

$89.4M

Grants received

$32.1M

35 grants

EIN

954712513

Tax year

2024

Mission

Provide loans, investments and technical assistance to projects serving low income communities.

Financials

FY 2024

Revenue

Contributions & grants$26.5M
Program service revenue$3.4M
Investment income$7.0M
Other revenue
Total revenue$36.9M

Expenses

Grants paid$1.7M
Salaries & benefits$2.9M
Fundraising$55K
Other expenses$2.3M
Total expenses$7.0M
Total assets$147.6M
Net assets$89.4M

People

15 listed

NameRoleCompensation

THOMAS J DESIMONE

PRESIDENT/CEO

Board

$505K

35.2 hrs/wk

JEMELLE DICIOCO

TREASURER, DIRECTOR OF FIN

Board

$192K

35.2 hrs/wk

MARCIA CHOO

DIRECTOR

Board

1.8 hrs/wk

PAUL CHEN

DIRECTOR

Board

1.8 hrs/wk

LEE KANON ALPERT

DIRECTOR

Board

1.8 hrs/wk

LARA REGUS

DIRECTOR

Board

1.8 hrs/wk

ROBERT OEHLER

DIRECTOR

Board

1.8 hrs/wk

STEPHEN ROLFE

DIRECTOR

Board

1.8 hrs/wk

CINDY MISCIKOWSKI

DIRECTOR

Board

1.8 hrs/wk

RICHARD MAIRE

DIRECTOR-CHAIRMAN

Board

1.8 hrs/wk

DUTCH C ROSS III

DIRECTOR

Board

1.8 hrs/wk

PATTIE EHSAEI

DIRECTOR-SECRETARY

Board

1.8 hrs/wk

JESSICA WAYBRIGHT

LEGAL COUNSEL

Staff

$185K

35.2 hrs/wk

PAVLIN BUCHUKOV

DIRECTOR OF LENDING

Staff

$184K

35.2 hrs/wk

ANTHONY SANTANA

SENIOR LOAN OFFICER

Staff

$119K

35.2 hrs/wk

Grants received

Showing 35 of 35

FromAmountPurposeYear
$1.1M
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$629K
TRANSFORMING COMMUNITIES FOR IMPROVED HEALTH AND ECONOMIC JUSTICE
2024
$10M
General support for programs, operations and other charitable purposes
2023
$1.3M
TRANSFORMING COMMUNITIES FOR IMPROVED HEALTH AND ECONOMIC JUSTICE: TO PROVIDE SUPPORT FOR BUILDING CAPACITY AMONG ORGANIZATIONS WORKING TOWARDS COMMUNITY OWNERSHIP FOR IMPROVED HEALTH AND ECONOMIC JUSTICE IN LOS ANGELES.
2023
$400K
Community Development
2023
$300K
CALCORE - BUILDING CAPACITY FOR COMMUNITY HEALTH AND OWNERSHIP: TO EXPAND ORGANIZATIONAL CAPACITY OF BLACK, INDIGENOUS AND PEOPLE OF COLOR-LED COMMUNITY DEVELOPMENT CORPORATIONS AND COMMUNITY LAND TRUSTS IN CALIFORNIA WORKING TO IMPROVE THE HEALTH, WEALTH AND POWER OF BLACK, INDIGENOUS AND PEOPLE OF COLOR FAMILIES AND COMMUNITIES.
2023
$1.3M
TRANSFORMING COMMUNITIES FOR IMPROVED HEALTH AND ECONOMIC JUSTICE: TO PROVIDE SUPPORT FOR BUILDING CAPACITY AMONG ORGANIZATIONS WORKING TOWARDS COMMUNITY OWNERSHIP FOR IMPROVED HEALTH AND ECONOMIC JUSTICE IN LOS ANGELES.
2022
$500K
CONNECTING CAPITAL & COMMUNITY (3C) INITIATIVE
2022
$65K
TO DEVELOP FINANCING MODELS FOR AFFORDABLE AND PERMANENT HOUSING FOR TRANSITION-AGE FOSTER YOUTH
2022
$25K
SUPPORT THE CREATION OF A TRANSITIONAL AGE YOUTH HOUSING FINANCIAL MODEL
2022
$25K
GENERAL SUPPORT
2022
$25K
TAY Housing Impact Project
2022
$25K
TO RESEARCH AND OUTLINE HOUSING MODELS FOR TRANSITION AGE YOUTH
2022
$10K
GENERAL SUPPORT
2022
$7.9M
HOUSING
2021
$450K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2021
$300K
CALCORE - BUILDING CAPACITY FOR COMMUNITY HEALTH AND OWNERSHIP: TO EXPAND ORGANIZATIONAL CAPACITY OF BLACK, INDIGENOUS AND PEOPLE OF COLOR-LED COMMUNITY DEVELOPMENT CORPORATIONS AND COMMUNITY LAND TRUSTS IN CALIFORNIA WORKING TO IMPROVE THE HEALTH, WEALTH AND POWER OF BLACK, INDIGENOUS AND PEOPLE OF COLOR FAMILIES AND COMMUNITIES.
2021
$300K
CALCORE - BUILDING CAPACITY FOR COMMUNITY HEALTH AND OWNERSHIP: TO EXPAND ORGANIZATIONAL CAPACITY OF BLACK, INDIGENOUS AND PEOPLE OF COLOR-LED COMMUNITY DEVELOPMENT CORPORATIONS AND COMMUNITY LAND TRUSTS IN CALIFORNIA WORKING TO IMPROVE THE HEALTH, WEALTH AND POWER OF BLACK, INDIGENOUS AND PEOPLE OF COLOR FAMILIES AND COMMUNITIES.
2021
$250K
JOB TRAINING AFFORDABLE HOUSING
2021
$500
HONORARIUM FOR GENESIS LA'S PARTICIPATION IN WEINGART FOUNDATION'S RETREAT
2021
$5M
GENERAL OPERATING SUPPORT
2020
$200K
SPARCC GRANT
2020
$25K
ECONOMIC OPPORTUNITY
2020
$500K
HOUSING
2019
$200K
ADVANCING HEALTH EQUITY THROUGH COMMUNITY DEVELOPMENT: TO SUPPORT A COLLABORATIVE EFFORT TO ALIGN CAPITAL DEPLOYMENT, INVESTMENT PRACTICES AND COMMUNITY DEVELOPMENT SYSTEMS WITH COMMUNITY NEEDS AND VISION TO IMPROVE HEALTH OUTCOMES AND PROTECT AGAINST DISPLACEMENT IN HISTORICALLY LOW-INCOME COMMUNITIES IN LOS ANGELES COUNTY.
2019
$500K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2018
$200K
ADVANCING HEALTH EQUITY THROUGH COMMUNITY DEVELOPMENT: TO SUPPORT A COLLABORATIVE EFFORT TO ALIGN CAPITAL DEPLOYMENT, INVESTMENT PRACTICES AND COMMUNITY DEVELOPMENT SYSTEMS WITH COMMUNITY NEEDS AND VISION TO IMPROVE HEALTH OUTCOMES AND PROTECT AGAINST DISPLACEMENT IN HISTORICALLY LOW-INCOME COMMUNITIES IN LOS ANGELES COUNTY.
2018
$76K
IMPROVING HEALTH THROUGH COMMUNITY DEVELOPMENT AND FINANCE CAPACITY BUILDING: TO SUPPORT EFFORTS TO ALIGN CAPITAL DEPLOYMENT WITH COMMUNITY NEEDS AND VISION IN ORDER TO IMPROVE HEALTH OUTCOMES AND PROTECT AGAINST DISPLACEMENT IN HISTORICALLY LOW-INCOME COMMUNITIES IN LOS ANGELES COUNTY.
2017

Funded by

$32.1M from 18 funders · 35 grants · 2017–2024

The Chicago Community Trust

$15M · 2 grants · 2020–2023

United Way Inc

$8.4M · 2 grants · 2019–2021

The California Endowment

$4.6M · 9 grants · 2017–2024

Jpmorgan Chase Foundation

$2.1M · 3 grants · 2018–2024

California Community Foundation

$460K · 5 grants · 2019–2023

Silicon Valley Community Foundation

$400K · 1 grant · 2023

Enterprise Community Partners Inc

$250K · 1 grant · 2021

Details

EIN954712513
NTEE codeS31
Subsection03
Ruling date1999-09
Formed1998
Employees15
Volunteers0
GENESIS LA ECONOMIC GROWTH CORPORATION — Mission, Financials & Grants Received | Grantivo