Overview

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Est.

1885

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

ELEVATE RAPID CITY is a business promotion nonprofit focused on the common business interest of the community, operating with a 2024 budget of $4.3M and total revenue of $7.2M. Its funding in the year reported includes support from RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION, Monument Health Rapid City Hospital Inc, and Sanford Group Return, and no single listed funder accounts for 50% or more of its total revenue.

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Mission Statement

COMMON BUSINESS INTEREST OF THE COMMUNITY.

Cause Areas

1
Business promotion
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Financials

2024
Revenues
$7.2M
Expenses
$5.1M
Net Income:
+$2.1M
Assets
$35.1M
Liabilities
$4M
Net Assets:
+$31.1M

Financial Trends

2024
Operating Budget
$4.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION
Rapid City, SD, US
$2.1M
100%
Monument Health Rapid City Hospital Inc
Rapid City, SD, US
$325K
12%
Sanford Group Return
Sioux Falls, SD, US
$300K
< 1%

Grants Received

2024
Total No. of Grants
7
Median grant size
$30K
Largest grant received
$100K

Board & Team

T
Tom Johnson
Board Member
S
Scott Barbour
Board Member
J
Jennifer Trucano
Board Member
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  • 7 funders
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Frequently Asked Questions

What is ELEVATE RAPID CITY’s budget?
In 2024, ELEVATE RAPID CITY reported an annual operating budget of around $4.3 million. More detailed financial information is available to registered users.
What causes does ELEVATE RAPID CITY support?
ELEVATE RAPID CITY supports work in Business promotion.
Where does ELEVATE RAPID CITY operate?
ELEVATE RAPID CITY is headquartered in Rapid City, SD.
Who funded ELEVATE RAPID CITY recently?
In 2024, ELEVATE RAPID CITY received grants from Sanford Group Return, Monument Health Rapid City Hospital Inc, and ELEVATE FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant ELEVATE RAPID CITY received in 2024?
The largest grant to ELEVATE RAPID CITY in 2024 exceeds $100 thousand.
What is ELEVATE RAPID CITY’s reliance on government grants?
ELEVATE RAPID CITY relied on government grants for more than 70% of their total revenue in 2024.