Community Development · INDIANAPOLIS, IN · EIN 27-4118692
About
Elevate Ventures' mission is growing the state's 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 Indiana's entrepreneurial ecosystem.
In care of ELEV
Donations are tax-deductible
Category
Community Development
Employees
33
Volunteers
8
Financial Snapshot
FY ending 2024-12-31
Revenue
$9.2M
Expenses
$10.8M
Assets
$28.2M
Liabilities
$5.0M
Financial history
$10.8M$5.4M$0
161718192021222324
RevenueExpenses
Latest FY2024: $9.2M · Avg: $6.2M
501(h) election
This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.