NonprofitsElevate Foundation Inc

Community Improvement & Capacity Building

Elevate Foundation Inc

RAPID CITY, SD

Total revenue

$551K

Total expenses

$161K

Net assets

$440K

Grants received

$610K

6 grants

EIN

200009589

Tax year

2024

Mission

To further research and education in the areas of workforce development, entrepreneurship, and economic development that elevate the rapid city economy for all.

Programs

2 programs

Economic development includes research and education in the areas of housing, childcare, and other roadblocks in community development. This is accomplished through researching these topics impacting the community and developing white papers, reports, and dashboards to educate the business community and population at large about the importance of these community building blocks to economic development.

Expenses: $48KGrants: $31K

Entrepreneurship programming includes education about the variety of startup supports that exist in the ecosystem as well as development and exploration of new methods of startup support.

Expenses: $32K

Financials

FY 2024

Revenue

Contributions & grants$551K
Program service revenue
Investment income
Other revenue
Total revenue$551K

Expenses

Grants paid$110K
Salaries & benefits
Fundraising
Other expenses$51K
Total expenses$161K
Total assets$536K
Net assets$440K

People

16 listed

NameRoleCompensation

PAULETTE DAVIDSON

CHAIR

Board

0.5 hrs/wk

TOM WEAVER

VICE-CHAIR

Board

0.5 hrs/wk

MARNE JONES

TREASURER

Board

0.5 hrs/wk

TODD KENNER

SECRETARY

Board

0.5 hrs/wk

DARREN HAAR

PAST CHAIR

Board

0.5 hrs/wk

ALAN SOLANO

BOARD MEMBER

Board

0.5 hrs/wk

ANDY BARTLING

BOARD MEMBER

Board

0.5 hrs/wk

BRAD HEARST

BOARD MEMBER

Board

0.5 hrs/wk

REGAN BRILZ

BOARD MEMBER

Board

0.5 hrs/wk

DICK JOHNSON

BOARD MEMBER

Board

0.5 hrs/wk

ERIKA BATCHELLER

BOARD MEMBER

Board

0.5 hrs/wk

GREG LOOS

BOARD MEMBER

Board

0.5 hrs/wk

HOLLY LIEN

BOARD MEMBER

Board

0.5 hrs/wk

MAYOR JASON SALAMUN

BOARD MEMBER

Board

0.5 hrs/wk

ZANE BRINK

BOARD MEMBER

Board

0.5 hrs/wk

TOM JOHNSON

PRESIDENT

Board

1 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$357K
TRANSFER OF PLEDGE RECEIVABLES TO RELATED ENTITY
2024
$50K
COMMUNITY IMPROVEMENT
2024
$30K
COMMUNITY WELFARE
2024
$98K
Community welfare and betterment
2023

Funded by

$610K from 5 funders · 6 grants · 2023–2024

Elevate Rapid City

$357K · 1 grant · 2024

South Dakota Community Foundation

$98K · 1 grant · 2023

American Online Giving Foundation Inc

$75K · 2 grants · 2023–2024

Dakota Charitable Foundation Inc

$50K · 1 grant · 2024

Black Hills Area Community

$30K · 1 grant · 2024

Details

EIN200009589
NTEE codeS30
Subsection03
Ruling date2003-11
Formed2003
Employees0
Volunteers15
ELEVATE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo