Nonprofit · EIN 82-1449889
GENERATION US
Tax-exempt · AUGUSTA, ME 04330
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,278,740 | $1,907,347 | $1,371,393 | $6,676,502 | $297,863 | $6,378,639 |
| June 30, 2024 | 990 | $3,034,025 | $1,876,744 | $1,157,281 | $4,987,396 | $152,847 | $4,834,549 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,699,354
- Program service revenue
- $579,386
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,069,329
- Other salaries and wages
- $202,370
- Salaries, compensation and benefits (total)
- $1,566,651
- Professional fundraising fees
- $0
- Legal fees
- $348
- Travel
- $6,896
- Depreciation
- $1,225
- Program services (functional)
- $579,855
- Management and general (functional)
- $1,190,522
- Fundraising (functional)
- $136,970
Balance sheet and other
- Total assets, start of year
- $4,987,396
- Total assets, end of year
- $6,676,502
- Total liabilities, end of year
- $297,863
- Net assets, end of year
- $6,378,639
- Land, buildings and equipment
- $2,756
- Net assets without donor restrictions
- $6,378,639
- Gross receipts
- $3,278,740
- Employees
- 10
- Volunteers
- 0
- Year formed
- 2016
- State of legal domicile
- ME
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Craig Larrabee | President & CEO Trustee or director, Officer | 40 | $354,906 | $53,291 |
| Kimberley Lipp | Executive Vice President Officer | 40 | $319,581 | $43,536 |
| Greg Johnson | VP - Finance & Administrat Officer | 40 | $223,478 | $22,617 |
| Charity West | VP - Innovation and Develo Highest-paid employee | 40 | $171,364 | $14,551 |
| Danielle Ahern | Chair Trustee or director, Officer | 4 | $0 | $0 |
| Virgel Hammonds | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Mike Archer | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Chris Cimino | Director Trustee or director | 1 | $0 | $0 |
| Ryan J Moore | Director Trustee or director | 1 | $0 | $0 |
| Amy Marston | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Jeremy Fischer | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Craig Larrabee | President & CEO Trustee or director, Officer | 40 | $305,867 | $25,423 |
| Kimberley Lipp | Executive Vice President Officer | 40 | $273,838 | $18,127 |
| Greg Johnson | VP - Finance & Administrat Officer | 40 | $202,724 | $16,392 |
| Charity West | VP - Innovation and Develo Highest-paid employee | 40 | $153,392 | $11,096 |
| Danielle Ahern | Chair Trustee or director, Officer | 4 | $0 | $0 |
| Virgel Hammonds | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Mike Archer | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Chris Cimino | Director Trustee or director | 1 | $0 | $0 |
| Ryan J Moore | Director Trustee or director | 1 | $0 | $0 |
| Amy Marston | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Jeremy Fischer | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 65 STONE ST, AUGUSTA, ME 04330-6115
- In care of
- % GREG JOHNSON CFO
- Principal officer (990 for 2024)
- Craig Larrabee, 65 Stone Street, Augusta, ME 04330
- Signed the 990
- Craig Larrabee, President & CEO
- Phone
- (207) 620-7180
- Return prepared by
- Purdy Powers & Company
Mission
Generation US purpose is to support and benefit Jobs for Maine's Graduates (JMG), a Maine non-profit organization. It conducts fundraising activities aimed at both generating funds for and also to cover expenses related to activities carried on by the organization. The Organization also conducts development and administrative services that will be offered to the organization in order to allow it to shift focus away from day to day administrative tasks.
Program accomplishments
- Generation US conducts fundraising activities aimed at both generating funds for JMG and also to cover expenses related to activites carried on by the Organization. Generation US also conducts development and administrative services that will be offered to JMG in order to allow them to shift focus away from day to day administrative tasks. The development and administrative services involve fundraising initiatives, back office support, and strategic planning.Expenses $579,855 · revenue $579,386
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-1449889
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type III functionally integrated
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2018
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J11)
- Assets (IRS master file)
- $6,676,502
- Income (IRS master file)
- $3,278,740
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,278,740 | $1,907,347 | $6,676,502 | XML |
| 990 | June 2024 | $3,034,025 | $1,876,744 | $4,987,396 | XML |
| 990 | June 2023 | $4,418,468 | $1,659,249 | $3,656,815 | IRS |
| 990 | June 2022 | $1,533,978 | $1,530,858 | $912,626 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
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 82-1449889).
Questions about GENERATION US
- What is the EIN of GENERATION US?
- The employer identification number (EIN) of GENERATION US is 82-1449889.
- Is GENERATION US tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to GENERATION US tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does GENERATION US 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 US due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GENERATION US last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GENERATION US?
- The 990 for the year ended June 30, 2025 names Craig Larrabee.
- Who are the officers and directors of GENERATION US?
- The 990 for the year ended June 30, 2025 lists 11 people; 4 received compensation from the organization, the highest $354,906 (Craig Larrabee, President & CEO).
- How much revenue does GENERATION US have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,278,740, expenses of $1,907,347 and total assets of $6,676,502 at year end.
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- MAINE VETERANS HOME EIN 01-0376832 · last filed 990 for 2025
- MAIN AUTOMOBILE DEALERS ASSOC INC INSURANCE TRUST 180 CIVIC CENTER D EIN 01-0288347 · last filed 990 for 2025
- MAINE DARTMOUTH MEDICINE RESIDENCY EIN 01-0369195 · last filed 990 for 2025
- JOBS FOR MAINES GRADUATES INC EIN 01-0482628 · last filed 990 for 2025