Genesis La Economic Growth Corporation
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$147.6M
+22.0% YoY
Annual Giving
$1.7M
+34.8% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$170K
+34.8% YoY
About Genesis La Economic Growth Corporation
Based on IRS filings
Genesis La Economic Growth Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $147.6M in total assets. In 2024, it awarded 10 grants totaling $1.7M. Net investment income was $7.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $147,645,020 | $121,034,291 | $107,833,235 |
| Revenue | $36,924,816 | $12,696,966 | $29,890,047 |
| Expenses | $6,966,862 | $5,688,271 | $18,976,298 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,983,980 | $5,246,976 | $2,818,746 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Coalition ($867,190), Restore Neighborhooods La ($275,166), Pacoima Beautiful ($262,299).
| Recipient | Purpose | Amount |
|---|---|---|
| COALITION FOR RESPONSIBLE COMMUNITY DEV LOS ANGELES, CA | SMALL BUSINESS GRANT | $42,859 |
| COMMUNITY COALITION LOS ANGELES, CA | SMALL BUSINESS GRANT | $867,190 |
| COMMUNITY PARTNERS LOS ANGELES, CA | SMALL BUSINESS GRANT | $42,000 |
| DEMAR MATTHEWSOFFTOP DESIGN LLC LOS ANGELES, CA | SMALL BUSINESS GRANT | $42,859 |
| LITTLE TOKYO SERVICE CENTER LOS ANGELES, CA | SMALL BUSINESS GRANT | $42,859 |
| PACOIMA BEAUTIFUL PACOIMA, CA | SMALL BUSINESS GRANT | $262,299 |
| TENEMOS QUE RECLAMAR Y UNIDOS SALVAR LA TIERRA-SOUTH LA LOS ANGELES, CA | SMALL BUSINESS GRANT | $45,859 |
| HOLOS COMMUNITIES NORTH HOLLYWOOD, CA | SMALL BUSINESS GRANT | $10,441 |
| RESTORE NEIGHBORHOOODS LA LOS ANGELES, CA | SMALL BUSINESS GRANT | $275,166 |
| MT AUBURN ASSOCIATES INC NORTH ANDOVER, MA | GRANT FUNDS USED FOR REIMBURSEMENT | $69,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEE KANON ALPERT | DIRECTOR | 1.8 | — |
| CINDY MISCIKOWSKI | DIRECTOR | 1.8 | — |
| RICHARD MAIRE | DIRECTOR-CHAIRMAN | 1.8 | — |
| DUTCH C ROSS III | DIRECTOR | 1.8 | — |
| PATTIE EHSAEI | DIRECTOR-SECRETARY | 1.8 | — |
| MARCIA CHOO | DIRECTOR | 1.8 | — |
| PAUL CHEN | DIRECTOR | 1.8 | — |
| STEPHEN ROLFE | DIRECTOR | 1.8 | — |
| LARA REGUS | DIRECTOR | 1.8 | — |
| ROBERT OEHLER | DIRECTOR | 1.8 | — |
| THOMAS J DESIMONE | PRESIDENT/CEO | 35.2 | $505,354 |
| JEMELLE DICIOCO | TREASURER, DIRECTOR OF FIN | 35.2 | $191,973 |
| JESSICA WAYBRIGHT | LEGAL COUNSEL | 35.2 | $185,142 |
| PAVLIN BUCHUKOV | DIRECTOR OF LENDING | 35.2 | $183,678 |
| ANTHONY SANTANA | SENIOR LOAN OFFICER | 35.2 | $119,163 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Genesis La Economic Growth Corporation?
Genesis La Economic Growth Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in LOS ANGELES, CA. It holds $147.6M in total assets as of 2024.
How large is Genesis La Economic Growth Corporation?
As of 2024, Genesis La Economic Growth Corporation holds $147.6M in total assets with $36.9M in annual revenue. It awarded 10 grants totaling $1.7M in 2024.
Where does Genesis La Economic Growth Corporation operate?
Genesis La Economic Growth Corporation has awarded grants in California, Massachusetts.
What size grants does Genesis La Economic Growth Corporation award?
In 2024, Genesis La Economic Growth Corporation awarded 10 grants totaling $1.7M — an average of about $170K per grant, based on its IRS Form 990 filings.
What is Genesis La Economic Growth Corporation's EIN?
Genesis La Economic Growth Corporation's EIN (Employer Identification Number) is 95-4712513. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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