Public Charity

GENERATIONS CREDIT UNION

GENERATIONS CREDIT UNION, of Rockford, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.3M in revenue, $1.1M in expenses, $22.4M in total assets. 1 publicly reported grants to this organization, totaling roughly $5K, appear in IRS filings.

EIN: 362334218 Rockford, IL Latest filing: 2025
Total Revenue$1.3M
Total Expenses$1.1M
Total Assets$22.4M
Grant Records1
Funding Total$5K
Filing Years2021–2025

Mission

To provide to our members high quality full line of financial services, such as loans and savings accounts at the lowest cost and highest rate of return, delivered in a personal, friendly atmosphere.

Sample Grants Received

2024
Associated HealthCare Plan
$5,073

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

Board Member Christopher Dausman
Chairman of the Board Dale Hillers
Board Vice-Chairman Donald Fiedler
Board Member Ethan Watts
Board Member Gary Askegaard
Secretary Joanna Peterson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Associated HealthCare Plan
$5,073 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.3M $1.1M $22.4M
2024 $1.2M $1.1M $22.5M
2023 $989K $888K $22.0M
2022 $938K $836K $21.4M
2021 $1.1M $859K $21.3M

Between 2021 and 2025, reported annual revenue grew from $1.1M to $1.3M (+14%), with total assets most recently reported at $22.4M.

Interactive year-over-year charts and full filing details available with membership.

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