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Elevate Ventures Inc

Indianapolis, INEIN: 27-4118692Website

Data sourced from IRS 990 public filings

Elevate Ventures Inc 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.

Regional (Multi-County/State)
Free Market/Pro-Business
Innovation/Disruption/Tech-Optimism
Local (City/County Level)
Adults (Ages 26-64)
Workforce & Economic Opportunity
Low-Income/Economically Disadvantaged
Grantmaking & Regranting

Annual Revenue

$9,243,556

Known Funders

11

Grants Received

17

Financial History

YearRevenueExpensesAssets
2024$9,243,556$10,820,838$28,187,603
2023$9,960,751$11,621,084$11,990,431
2022$6,491,355$7,979,642$13,172,198
2021$6,541,390$6,847,993$13,635,821
2020$5,850,844$5,194,095$11,029,847
2019$5,326,795$4,269,500$9,852,173
2018$4,636,197$4,220,363$8,772,845
2017$5,512,247$3,618,669$8,499,730

Top Funders

$1,000,000 (2021)
CICP FOUNDATION INC

INDIANAPOLIS, IN

$155,000 (2023)
$139,750 (2021)
$100,000 (2021)
$50,000 (2023)
THE WEIGAND PURSLEY

FORT WAYNE, IN

$50,000 (2021)
$25,000 (2022)
$25,000 (2021)
$25,000 (2021)
THE ACKERMAN FOUNDATION

INDIANAPOLIS, IN

$20,000 (2024)

Showing top 10 of 11 funders.

Key Personnel

From 2024 IRS 990 filing

B

BARBARA UGGEN-DAVIS

FORMER CHIEF FINANCIAL OFFICER

N

Nicholas Kuhn

Vice President

Highest Compensated
M

Myles Grote

Partner

Highest Compensated
J

Jacob Schpok

Partner

Highest Compensated
E

Erica Schweyer

Chief of Staff

Highest Compensated
A

Asa Kelly

Vice President, Systems and IT

Highest Compensated
M

Matthew Tyner

Managing Partner

Officer
C

Christopher Huxhold

VP Finance and Treasurer Starting April 2024

Officer
S

Steve Martin

Board Member

L

Larry Garatoni

Board Member

Showing 10 of 16 key personnel.

Frequently Asked Questions

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