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Nonprofit · EIN 81-3004556

GENERATION WEST VIRGINIA INC

Tax-exempt · BECKLEY, WV 25801

Financials

$4.4M$3.5M2023$4.5M$4.5M2024
Revenue Expenses · by fiscal year end
Financials of GENERATION WEST VIRGINIA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,493,963$4,480,146$13,817$2,056,443$888,095$1,168,348
December 31, 2023990$4,357,834$3,478,196$879,638$2,024,936$870,405$1,154,531
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,399,084
of which government grants
$3,914,385
Program service revenue
$84,420
Investment income
$0
Net income from fundraising events
-$14,352
Other revenue
$10,459

Expenses

Grants and similar amounts paid
$2,472,362
Compensation of officers, directors and key employees
$187,800
Other salaries and wages
$771,815
Salaries, compensation and benefits (total)
$1,177,678
Professional fundraising fees
$0
Accounting fees
$24,000
Occupancy
$10,799
Travel
$128,195
Program services (functional)
$4,363,869
Management and general (functional)
$108,099
Fundraising (functional)
$8,178

Balance sheet and other

Total assets, start of year
$2,024,936
Total assets, end of year
$2,056,443
Total liabilities, end of year
$888,095
Net assets, end of year
$1,168,348
Net assets without donor restrictions
$394,249
Net assets with donor restrictions
$774,099
Gross receipts
$4,520,235
Employees
19
Volunteers
0
Year formed
2016
State of legal domicile
WV

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ALEXANDRIA WELDEXECUTIVE DIRECTOR
Officer
40$90,000$8,368
CANDICE HOLCOMBCHIEF FINANCIAL OFFICER
Officer
40$81,200$8,232
ANNA ADKINSBOARD MEMBER
Trustee or director
1$0$0
JADE IRVINGBOARD MEMBER
Trustee or director
1$0$0
CHRISTINA DALTONBOARD MEMBER
Trustee or director
1$0$0
JAY WILLIAMSTREASURER/VICE CHAIR
Trustee or director, Officer
1$0$0
CANDACE NELSONCHAIR
Trustee or director, Officer
1$0$0
ZACH TREISTERBOARD MEMBER
Trustee or director
1$0$0
KELLY CECILSECRETARY
Trustee or director, Officer
1$0$0
BRIAN DAYTONBOARD MEMBER
Trustee or director
1$0$0
JESS RINEBOARD MEMBER
Trustee or director
1$0$0
VALERIE PIKOBOARD MEMBER
Trustee or director
1$0$0
DURAND WARRENBOARD MEMBER
Trustee or director
1$0$0
BENJAMIN ASHLEYBOARD MEMBER
Trustee or director
1$0$0
SHELLY HUSSELLBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
ALEXANDRIA WELDEXECUTIVE DIRECTOR
Officer
40$85,558$6,807
CANDICE HOLCOMBCHIEF FINANCIAL OFFICER
Officer
40$65,744$6,807
ANNA ADKINSCHAIR
Trustee or director, Officer
1$0$0
JADE IRVINGBOARD MEMBER
Trustee or director
1$0$0
CHRISTINA DALTONBOARD MEMBER
Trustee or director
1$0$0
JAY WILLIAMSTREASURER
Trustee or director, Officer
1$0$0
MONIKA ECKARDPAST CHAIR
Trustee or director, Officer
1$0$0
CANDACE NELSONVICE CHAIR/SECRETARY
Trustee or director, Officer
1$0$0
ANEESH SOMPALLIBOARD MEMBER
Trustee or director
1$0$0
ZACH TREISTERBOARD MEMBER
Trustee or director
1$0$0
KELLY CECILBOARD MEMBER
Trustee or director
1$0$0
BRIAN DAYTONBOARD MEMBER
Trustee or director
1$0$0
DANIELLE WALTZBOARD MEMBER
Trustee or director
1$0$0
JESS RINEBOARD MEMBER
Trustee or director
1$0$0
VALERIE PIKOBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
608 S OAKWOOD AVE, BECKLEY, WV 25801-5928
In care of
% ASHLEY RYAN ALFORD
Mailing address (990-N for 2016)
426-A Shrewsbury Street, Charleston WV 25301
Principal officer (990 for 2024)
ALEX WELD, 608 S OAKWOOD AVENUE, BECKLEY, WV 25801
Principal officer (990-N for 2016)
Kate Reed, 426-A Shrewsbury Street, Charleston WV 25301
Signed the 990
ALEX WELD, EXECUTIVE DIRECTOR
Phone
(304) 804-6767
Return prepared by
HERMAN & CORMANY CPA

Mission

GENERATION WV IS THE STATEWIDE ORGANIZATION DEDICATED TO ATTRACTING, RETAINING, AND ADVANCING YOUNG TALENT IN THE MOUNTAIN STATE. GENERATION WEST VIRGINIA EQUIPS YOUNG WEST VIRGINIANS WITH KEY SKILLS AND CAREER OPPORTUNITIES, ENSURING THEIR ABILITY TO THRIVE IN THE MOUNTAIN STATE.

990 for the year ended December 31, 2024

Program accomplishments

  • GENERATION WEST VIRGINIA ATTRACTS, RETAINS, AND ADVANCES YOUNG PEOPLE IN WEST VIRGINIA THROUGH WORKFORCE AND ECONOMIC DEVELOPMENT PROGRAMS, AS WELL AS THROUGH BROADER INITIATIVES THAT HELP MAKE WEST VIRGINIA A BETTER PLACE TO LIVE AND WORK.
    Expenses $4,363,869 · grants $2,472,362 · revenue $109,231

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-3004556
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,056,443
Income (IRS master file)
$4,520,235

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,493,963$4,480,146$2,056,443XML
990December 2023$4,357,834$3,478,196$2,024,936XML
990December 2022$1,305,425$1,188,841$910,304IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2016
Officer: Kate Reed
December 31, 2016≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-3004556).

Questions about GENERATION WEST VIRGINIA INC

What is the EIN of GENERATION WEST VIRGINIA INC?
The employer identification number (EIN) of GENERATION WEST VIRGINIA INC is 81-3004556.
Is GENERATION WEST VIRGINIA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to GENERATION WEST VIRGINIA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GENERATION WEST VIRGINIA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GENERATION WEST VIRGINIA INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GENERATION WEST VIRGINIA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GENERATION WEST VIRGINIA INC?
The 990 for the year ended December 31, 2024 names ALEX WELD.
Who are the officers and directors of GENERATION WEST VIRGINIA INC?
The 990 for the year ended December 31, 2024 lists 15 people; 2 received compensation from the organization, the highest $90,000 (ALEXANDRIA WELD, EXECUTIVE DIRECTOR).
How much revenue does GENERATION WEST VIRGINIA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,493,963, expenses of $4,480,146 and total assets of $2,056,443 at year end.

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