Elevare Community
- Assets
- $3.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 82-0855948
Organization Overview
Elevare Community is located in Los Angeles, CA. The organization was established in 2017. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elevare Community is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Elevare Community generated $71.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $76.4k during the year ending 12/2023. While expenses have increased by 4.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Kim Weiss President & CEO | 40 | $30,000 | |
Daniel Hilley Secretary | 1 | $0 | |
Kyung Joo Lee Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $71,441 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,441 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,802 |
| Professional fees and other payments to independent contractors | $735 |
| Occupancy, rent, utilities, and maintenance | $1,000 |
| Printing, publications, postage, and shipping | $940 |
| Other expenses | $36,888 |
| Total expenses | $76,365 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,391 |
| Other assets | $0 |
| Total assets | $3,391 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,391 |