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ELEVATE VENTURES INC

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Public nonprofit record

ELEVATE VENTURES INC

EIN 27-4118692 · Economic Development (S30)

What they do

Elevate Ventures Mission is Growing The States Economy, Driving Economic Development, Helping Businesses Launch, Grow and Locate In The State of Indiana. We Increase The Amount of Capital Available to Indiana Startup and Early Stage Innovation Driven Companies to Spur Economic Development Through Growth, Research and Development. IEDC Has Contracted With Elevate Ventures Since 2011 to Carry Out The Required Tasks Associated With Making Direct Investments In Private Indiana Companies and The Associated Programming and Technical Support Required to Build A Sufficient Pipeline of Investable Companies and to Support Indianas Entrepreneurial Ecosystem.

Money

Financial picture

Tax year 2024
Revenue$9,243,556
Expenses$10,820,838
Assets$28,187,603
Income$9,244,659
Contributions$1,047,808
Grants given$6,738,859
Average grant$53,911
Management$3,072,786
Executive compensation$1,084,478
Stocks and bonds$3,863,698
Accounting fees$137,429

About this charity

Recognized since
January 2011
Location
1 Virginia Avenue 200, Indianapolis, IN 46204
County
Marion
In care of
Christopher Day
Primary officer
Christopher Day, CHIEF EXECUTIVE OFFICER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
CROWE LLP
NTEE classification
Economic Development (S30)
IRS tax category
Economic Development
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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