Public Charity

GENERATIONS COLLEGE INC

GENERATIONS COLLEGE INC, of CHICAGO, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $6.1M in revenue, $6.8M in expenses, $5.7M in total assets.

EIN: 362581098 CHICAGO, IL Undergraduate Colleges NTEE: B42 Latest filing: 2025
Total Revenue$6.1M
Total Expenses$6.8M
Total Assets$5.7M
Grant Records0
Filing Years2021–2025

Mission

GENERATIONS COLLEGE IS A PRIVATE, NONPROFIT INSTITUTION WHOSE MISSION IS TO PROVIDE A TRANSFORMATIVE EDUCATIONAL EXPERIENCE TO ITS DIVERSE STUDENT BODY IN AN ENVIRONMENT THAT PROMOTES LEARNING AND ENCOURAGES, EMPOWERS, AND NURTURES THE WELL-BEING OF THE WHOLE PERSON. OUR COMPREHENSIVE ACADEMIC PROGRAMS CHALLENGE STUDENTS TO EXCEL IN THEIR ACADEMIC AND CAREER PURSUITS AND PREPARE STUDENTS TO BE LIFELONG LEARNERS AND RESPONSIBLE CITIZENS IN A GLOBAL SOCIETY.

Where $100 goes at Generations College Inc

How Generations College Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$76 Programs the work itself
$24 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $76 for programs

$76
Instructional, academic support, and student services
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Bernard J Toussaint
DIRECTOR David Knight
CHANCELLOR Dr Grace Alexis
DEAN OF FINANCE AND OPERATIONS (9/24 - 12/24) Hector Ferrer
DEAN OF ADMISSIONS Joe Painter
PRESIDENT (THRU 7/24) Matt Gawenda

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $6.1M $6.8M $5.7M
2024 $5.8M $6.1M $5.7M
2023 $5.3M $5.5M $6.9M
2022 $6.4M $5.4M $4.6M
2021 $4.4M $4.1M $4.3M

Between 2021 and 2025, reported annual revenue grew from $4.4M to $6.1M (+38%), with total assets most recently reported at $5.7M.

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

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