Overview
What is Generations Inc?
Generations Inc is a nonprofit organization situated in Memphis, Tennessee. Its primary role involves providing support and benefits to Meritan Inc and Apelah Inc. This assistance is largely facilitated through fundraising activities, as well as serving as a management agent for their employees and properties. In essence, Generations Inc operates to enhance the operations of these two organizations, offering exclusive fundraising and management services to ensure their smooth functioning.
Official website here: www.meritan.org
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.
Heare are some key statistics you may want to consider:
Executive Compensation: $943,341
Professional Fundraising Fees: $0
Other Salaries and Wages: $685,737
For more financial information, click here
Official website here: www.meritan.org
What is the mission statement of Generations Inc?
Generations Inc is an organization that primarily supports and benefits Meritan Inc and Apelah Inc. It accomplishes this through various fundraising activities and also serves as a management agent for their employees and property. The organization's role is to provide exclusive fundraising and management services to these two companies. While Generations Inc does not have a publicly stated mission statement, its activities can be inferred to be centered around supporting and enhancing the operations of Meritan Inc and Apelah Inc.
Official website here: www.meritan.org
What is the revenue of Generations Inc?
Generations Inc's revenue in 2024 was $2,814,527.
Official website here: www.meritan.org
Who are the executives of Generations Inc and what are their salaries?
The average compensation at Generations Inc during 2024 was $85,741. There are 19 employees and 6 volunteers at Generations Inc.
Here are 10 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $333,269
- Related: $0
- Other: $0
- Compensation: $233,728
- Related: $0
- Other: $7,092
- Compensation: $179,301
- Related: $0
- Other: $7,092
- Compensation: $175,767
- Related: $0
- Other: $7,092
Official website here: www.meritan.org
Where can I find the form 990 for Generations Inc?
Generations Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.meritan.org
Learn more at the official website: www.meritan.org
Mission Statement of Generations Inc
Generations Inc, a nonprofit organization, has a mission to support and benefit Meritan Inc and Apelah Inc. It achieves this by engaging in fundraising activities and serving as a management agent for their employees and property. Essentially, Generations Inc plays a crucial role in enhancing the operations and resources of these two companies, offering its unique services exclusively for their benefit. The organization operates with a focus on raising funds and providing effective management solutions, thereby contributing to the success and growth of Meritan Inc and Apelah Inc.
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Impact
October, 2024
Generations Inc plays a vital role in supporting the missions of Meritan Inc and Apelah Inc through targeted fundraising and management services. By acting as a management agent, it ensures that the employees and property associated with these organizations are well-coordinated and effectively managed. This support allows Meritan Inc and Apelah Inc to focus on their core programs that provide essential human services to the community.
Based in Memphis, TN, Generations Inc enhances the operational efficiency of both organizations, enabling them to better serve their clients. Through strategic fundraising initiatives, it secures the necessary resources to foster growth and sustainability, ensuring that vital programs can continue to reach those in need. Overall, Generations Inc significantly strengthens the capacity and impact of Meritan Inc and Apelah Inc, amplifying their ability to deliver meaningful services to the community.
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.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Program Service Revenue: $2,793,424
- Gross Receipts: $2,814,527
Assets and Liabilities:
- Total Assets: $2,763,475
- Total Liabilities: $966,341
- Net Assets: $1,797,134
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT SERVICES
Revenue
$2,615,955
RENTAL INCOME
Revenue
$177,469
Organization Details
Founding Year
1994
Principal Officer
Melanie Keller
Website
www.meritan.orgNTEE Category
Code: P120 - Human services
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