GenesisHOPE

Name

GenesisHOPE

Legal name

Genesis Harbor of Opportunities Promoting Excellence

Website

https://genesishope.org

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Detroit

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Individual Donations and Charitable Contributions: Individual donations from supporters, including one-time and recurring monthly gifts through SustainingHOPE Club. Donations support programs advancing health equity for households earning less than 80% of area median income.
2. Foundation and Corporate Grants: Grants from foundations including Kresge ($2.1 million for vaccination efforts), Ford Foundation, McGregor Fund, Michigan Health Endowment Fund, Enterprise Community Partners, and others supporting specific programs and organizational capacity.
3. Special Events Revenue: Annual gala and dinner dance party events generating ticket sales and sponsorship revenue. Gala tickets priced at $125 with corporate sponsorship tiers ranging from $1,500 (Bronze) to $10,000 (Platinum).
4. Affordable Housing Development Financing: Low-Income Housing Tax Credits (LIHTC), City of Detroit HOME funds, Project Vouchers, and other government grants for housing development. The Preston Townhomes (31 units) and Mack Place Apartments (29 units) are co-developed with Cinnaire Solutions.
5. In-Kind Contributions: Volunteer time, donated goods (food boxes, PPE/masks), and pro-bono services from supporters and partners.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

GenesisHOPE is a Detroit-based 501(c)(3) nonprofit organization that delivers integrated community development services to residents of Detroit's east side. Its core offerings include affordable housing, food access programs, health and wellness programming, and youth development services delivered through neighborhood-based community sites.

Product overview

GenesisHOPE is a multi-service community development organization offering a portfolio of interconnected programs under three pillars: Good Food (food access and nutrition education), Good Health (community health worker services, senior wellness, youth development), and Good Homes (affordable housing development). Key offerings include the WeCARE Resource Center providing direct services, FRESHRx prescription nutrition program, WeCARE Home Repair for housing stability, Southeastern Cooking Club for youth nutrition education, and affordable housing developments (The Preston Townhomes and Mack Place Apartments). The organization also runs youth development programs (Young Sprouts, summer internships), senior wellness services, and community events like the annual Resource Fair. All programs are designed to advance health equity for residents of Islandview and surrounding Detroit neighborhoods earning below 80% of area median income.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Housing Program

Quantifiable outcome

• Served over 1,300 people and distributed 4,200+ food boxes in 2020 alone
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and supporting.

• Cinnaire SolutionscoreStrategic or Co-development PartnerCo-development partnership for affordable housing. GenesisHOPE and Cinnaire Solutions are co-developing 61 homes for families with low-moderate and average area incomes. Phase I is The Preston Townhomes (31 units) and Phase II is Mack Place Apartments (29 units). Cinnaire Solutions provides development expertise and financing for the projects.
• Michigan Fitness FoundationcoreStrategic or Co-development PartnerPartnership with Michigan Fitness Foundation (MFF) to promote healthy living and healthier habits across Detroit's east side. MFF provides the Michigan Harvest of the Month program and SNAP Education funding. GenesisHOPE and MFF are committed to partnering with schools and families.
• Genesis Lutheran ChurchcoreStrategic or Co-development PartnerLong-standing partner hosting the Adopt A Family food drive and community programs. Located at 7200 Mack Ave. Church provides volunteers, space, and support for holiday food baskets serving 75+ families annually.
• Southeastern High SchoolcoreStrategic or Co-development PartnerPartnership with Southeastern High School for the Healthy Cooking Club, an after-school program teaching nutrition, cooking skills, and kitchen safety. Programs include The Learning Kitchen (evidence-based curriculum) and Teen Battle Chef.
• Detroit Association of Black Actors (DAAA)supportingOthersCommunity organization recognized as a supporter of GenesisHOPE's health equity initiatives.
• United for ALICEsupportingOthersResearch organization that provides data on ALICE (Asset Limited, Income Constrained, Employed) households. GenesisHOPE uses their data (e.g., 39% of Wayne County residents below ALICE Threshold in 2017) to inform programming and advocacy.
• Robert Wood Johnson FoundationsupportingOthersThe nation's largest philanthropy dedicated solely to health. RWJF has adopted a shared definition of health equity that GenesisHOPE also uses, along with the American Public Health Association.

Scale indicators15 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Southwest Detroit Economic Development Association (SWEDA): Detroit-based community development nonprofit delivering housing, economic development, and resident services in a specific Detroit neighborhood. Directly comparable mission and integrated service model.
• Vanguard Community Development Corporation: Detroit-based nonprofit CDC focused on affordable housing, workforce development, and community stabilization in Detroit neighborhoods. Highly comparable service mix and place-based footprint to GenesisHOPE.
• Cinnaire Solutions: Michigan-based CDFI and GenesisHOPE's co-development partner on the Preston Townhomes and Mack Place Apartments. Operates the same affordable-housing/community-development mission in Michigan, making it the closest peer in both product and geography.
• Habitat for Humanity Detroit: Detroit affiliate of Habitat for Humanity building affordable homes for low-income households in Detroit. Overlaps on housing development for sub-80% AMI households and community volunteer-driven delivery.
• Pennrose: Private developer of affordable and mixed-income housing using LIHTC and similar financing structures; directly comparable to GenesisHOPE on the affordable-housing development pillar, though for-profit.
• United Community Housing Coalition: Detroit-based nonprofit focused on preventing homelessness and developing affordable housing for low-income residents. Comparable geography and housing-plus-services mission.

Broad incumbents

• Local Initiatives Support Corporation (LISC): National community development financial institution supporting CDCs, affordable housing, and health equity initiatives nationwide with a major Detroit presence. Same category at much larger scale.
• Enterprise Community Partners: National nonprofit that finances and develops affordable housing and partners with CDOs nationally; explicitly named as a GenesisHOPE funder/partner. Much larger scale but operates in the same community-development category.
• Capital Impact Partners: National CDFI providing financing and technical assistance to place-based revitalization efforts, including Detroit. Named GenesisHOPE partner; broader portfolio but directly comparable mission.

Regional players

• BRIDGE Housing: California-based nonprofit affordable housing developer with integrated resident services. Comparable integrated model (housing + services + community development), but operates on the West Coast rather than Detroit.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/GenesisHOPE1
• LinkedInlinkedin.com/company/genesishope

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GenesisHOPE