Genco Charitable Corporation is located in Milpitas, CA. The organization was established in 1997. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genco Charitable Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Genco Charitable Corporation generated $13.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.4%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HELD THE ANNUAL GURPURAB FUNCTION (ANNUAL RELIGIOUS OCCASSION) AND SPENT A SUM OF $4,318THE ORGANIZATION ALSO HELD A CULTURAL FUNCTION TO SHOWCASE THE PUNJABI CULTURAL HERITAGE (ALSO AN ANNUAL EVENT) AND RAISED A SUM OF 33,340 FOR THE SAME VIA SALE OF TICKETS AND SPONSORSHIPS AND SPENT A SUM OF 25,392THE PUNJABI FESTIVAL OF LOHRI WAS INTRODUCED AND CELEBRATED THIS YEAR TO EXPOSE THE YOUTH AND THE MEMBERS TO AN IMPORTANT CULTURALLY SIGNIFICANT EVENT, THE ORGANIZATION RAISED $3,051 AND SPENT $2,772 ON THE SAMETHE ORGANIZATION PAID A SUM OF $12,987 TOWARDS VARIOUS CHARITIES AND CHARITABLE ORGANIZATIONS IN 2014
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gurtej Atwal President | 0 | $0 | |
Kuldeep Sidhu Treasurer | 0 | $0 | |
Khushminder Cheema Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $68,648 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$54,709 |
Other Revenue | $0 |
Total Revenue | $13,939 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $0 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,799 |
Other assets | $0 |
Total assets | $20,799 |
Total liabilities | $0 |
Net assets or fund balances | $20,799 |
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