Generations Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411381175 ✦ Luverne, MN ✦ Designated as a 501(c)(3)

Overview

What is Generations Inc?

Generations Inc is a nonprofit organization located in Luverne, Minnesota. Their primary mission is to create opportunities for intergenerational connections by providing facilities and resources for social gatherings for senior citizens. This includes offering assistance, entertainment, and companionship, ultimately fostering friendships across various age groups. The organization's purpose is to enrich the lives of senior citizens by encouraging social interaction and fostering connections with younger generations.


Is Generations Inc legitimate?

Generations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Generations Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Generations Inc?
Who is the CEO of Generations Inc?
What is the revenue of Generations Inc?
Who are the executives of Generations Inc and what are their salaries?
Where can I find the form 990 for Generations Inc?

Mission Statement of Generations Inc

Generations Inc, a nonprofit organization, is dedicated to providing facilities and resources that facilitate social gatherings for senior citizens. The primary objective of Generations Inc is to encourage interaction, offer assistance, provide entertainment, and foster friendships among individuals of various generations. By offering these resources, Generations Inc aims to create an environment that allows senior citizens to build relationships beyond their own age group.

Impact

This information is meant to be a general summary of Generations Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Generations Inc's impact lies in fostering intergenerational connections and social interactions among senior citizens. By providing facilities and resources for social gatherings, the organization encourages meetings, offers assistance, entertainment, and companionship, and facilitates the development of friendships across various age groups. Through these initiatives, Generations Inc plays a vital role in nurturing relationships and combating social isolation among seniors in the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24,776
  • Program Service Revenue: $27,068
  • Gross Receipts: $471,412

    • Assets and Liabilities:
  • Total Assets: $1,449,355
  • Total Liabilities: $201,499
  • Net Assets: $1,247,856
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EVENT CENTER

    Revenue

    $16,868

    HOUSE

    Revenue

    $10,200

    Organization Details

    Founding Year

    2020

    Principal Officer

    George A Bonnema

    Main Address

    105 S ESTEY, LUVERNE, MN, 561561839

    NTEE Category

    Code: P81 - Human services

    If you are a representative of Generations Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.