Nonprofit · EIN 87-2093674
GENESIS HOUSING FOUNDATION INC
Tax-exempt · BROOKLYN, NY 11204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $1,974,788 | $1,779,392 | $195,396 | $189,515,409 | $197,461,378 | -$7,945,969 |
| July 31, 2024 | 990 | -$1,482,956 | $147,821 | -$1,630,777 | $183,634,808 | $191,776,173 | -$8,141,365 |
| July 31, 2023 | 990 | -$5,224,294 | $215,921 | -$5,440,215 | $169,457,481 | $175,968,069 | -$6,510,588 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $24,401
- Net rental income
- $1,950,387
- Other revenue
- $1,950,387
Expenses
- Grants and similar amounts paid
- $1,752,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $27,392
- Program services (functional)
- $1,779,392
Balance sheet and other
- Total assets, start of year
- $183,634,808
- Total assets, end of year
- $189,515,409
- Total liabilities, end of year
- $197,461,378
- Net assets, end of year
- -$7,945,969
- Land, buildings and equipment
- $172,071,563
- Gross receipts
- $38,947,146
- Employees
- 0
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL WOLF | President Trustee or director | 3 | $0 |
| WILLY BEER | Vice President Trustee or director, Officer | 1 | $0 |
| SCHAUL NEUMANN | Secretary Trustee or director, Officer | 3 | $0 |
| JOSHUA BRAUN | Secretary Trustee or director, Officer | 2 | $0 |
| JOSH OSTREICHER | Treasurer Trustee or director, Officer | 3 | $0 |
| ROBERT WOLF | Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended July 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL WOLF | President Trustee or director | 3 | $0 |
| WILLY BEER | Vice President Trustee or director, Officer | 1 | $0 |
| SCHAUL NEUMANN | Secretary Trustee or director, Officer | 3 | $0 |
| JOSHUA BRAUN | Secretary Trustee or director, Officer | 2 | $0 |
| JOSH OSTREICHER | Treasurer Trustee or director, Officer | 3 | $0 |
| ROBERT WOLF | Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended July 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL WOLF | President Trustee or director | 3 | $0 |
| WILLY BEER | Vice President Trustee or director, Officer | 1 | $0 |
| SCHAUL NEUMANN | Secretary Trustee or director, Officer | 3 | $0 |
| JOSHUA BRAUN | Secretary Trustee or director, Officer | 2 | $0 |
| JOSH OSTREICHER | Treasurer Trustee or director, Officer | 3 | $0 |
| ROBERT WOLF | Treasurer Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4706 18TH AVENUE, BROOKLYN, NY 11204-1356
- In care of
- % JOSH OSTREICHER
- Signed the 990
- MICHAEL WOLF, President
- Phone
- (718) 972-7878
- Return prepared by
- MAYER RISPLER & COCPAS PC
Mission
TO PROVIDE SAFE, DECENT AND AFFORDABLE HOUSING FOR THE POOR, DISTRESSED AND UNDERPRIVELAGED
Program accomplishments
- TO PROVIDE SAFE, DECENT AND AFFORDABLE HOUSING FOR THE POOR, DISTRESSED AND UNDERPRIVELAGEDExpenses $1,779,392 · grants $1,752,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 87-2093674
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $189,515,409
- Income (IRS master file)
- $38,947,146
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $1,974,788 | $1,779,392 | $189,515,409 | XML |
| 990 | July 2024 | -$1,482,956 | $147,821 | $183,634,808 | XML |
| 990 | July 2023 | -$5,224,294 | $215,921 | $169,457,481 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-2093674).
Questions about GENESIS HOUSING FOUNDATION INC
- What is the EIN of GENESIS HOUSING FOUNDATION INC?
- The employer identification number (EIN) of GENESIS HOUSING FOUNDATION INC is 87-2093674.
- Is GENESIS HOUSING FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to GENESIS HOUSING FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GENESIS HOUSING FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GENESIS HOUSING FOUNDATION INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GENESIS HOUSING FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who are the officers and directors of GENESIS HOUSING FOUNDATION INC?
- The 990 for the year ended July 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does GENESIS HOUSING FOUNDATION INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $1,974,788, expenses of $1,779,392 and total assets of $189,515,409 at year end.
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