2025-11-10T14:53:14-06:00 2024-12-31 460403496 CASEY PETERSON LTD 909 ST JOSEPH ST STE 101 RAPID CITY SD 57701 990 2024-01-01 460118545 ELEVATE RAPID CITY ELEV 6053431744 18 E MAIN STREET RAPID CITY SD 57701 TOM JOHNSON PRESIDENT/CEO 6053431744 2025-11-06 1 1 KAYLA GIESEY CPA P01874520 6053481930 2025-11-10 2024 2025-03-06 01:10:19Z TOM JOHNSON 18 E MAIN STREET RAPID CITY SD 57701 7214056 0 X WWW.ELEVATERAPIDCITY.COM X 1885 SD ELEVATE THE RAPID CITY REGION FOR ALL. 47 47 23 47 45306 0 14888095 5633960 805181 968708 248174 564336 2433 47052 15943883 7214056 452267 857836 0 0 1751175 2002562 0 0 0 1827506 2270145 4030948 5130543 11912935 2083513 33104307 35062545 4159730 4000147 28944577 31062398 ELEVATE THE RAPID CITY REGION FOR ALL. 0 0 AS THE PREMIER WESTERN SOUTH DAKOTA ECONOMIC DEVELOPMENT ORGANIZATION, ELEVATE IS COMMITTED TO PROMOTING BUSINESS AND PERSONAL ADVANCEMENT THROUGH A TARGETED SPOTLIGHT ON JOBS, INFRASTRUCTURE, AND OVERALL QUALITY OF LIFE IN AND AROUND THE BLACK HILLS REGION AND THE RAPID CITY METRO AREA. TOGETHER, WE STRIVE TO EMBRACE THE HEART AND SOUL OF OUR COMMUNITY THROUGH DIVERSIFIED GROWTH AND STRONG PROFESSIONAL OPPORTUNITIES ADVOCATING THE STRENGTHS OF THE BLACK HILLS. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 24 0 1 23 1 1 1 0 0 0 0 0 0 0 0 0 X 47 47 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 6053431744 18 E MAIN STREET RAPID CITY SD 57701 PAULETTE DAVIDSON CHAIR 1.00 0.50 X X 0 0 0 TOM WEAVER VICE-CHAIR 1.00 0.50 X X 0 0 0 MARNE JONES TREASURER 1.00 0.50 X X 0 0 0 TODD KENNER SECRETARY 1.00 0.50 X X 0 0 0 DARREN HAAR PAST CHAIR 1.00 0.50 X 0 0 0 ALAN SOLANO EXECUTIVE COMMITTEE 1.00 0.50 X 0 0 0 ANDY BARTLING EXECUTIVE COMMITTEE 1.00 0.50 X 0 0 0 BRAD HEARST EXECUTIVE COMMITTEE 1.00 0.50 X 0 0 0 REGAN BRILZ EXECUTIVE COMMITTEE 1.00 0.50 X 0 0 0 DICK JOHNSON EXECUTIVE COMMITTEE 1.00 0.50 X 0 0 0 ERIKA BATCHELLER EXECUTIVE COMMITTEE 1.00 0.50 X 0 0 0 GREG LOOS EXECUTIVE COMMITTEE 1.00 0.50 X 0 0 0 HOLLY LIEN EXECUTIVE COMMITTEE 1.00 0.50 X 0 0 0 MAYOR JASON SALAMUN EXECUTIVE COMMITTEE 1.00 0.50 X 0 0 0 ZANE BRINK EXECUTIVE COMMITTEE 1.00 0.50 X 0 0 0 AL RIEMAN DIRECTOR 1.00 X 0 0 0 BRAD MURDOC JURGENSEN DIRECTOR 1.00 X 0 0 0 CHRIS HUBER DIRECTOR 1.00 X 0 0 0 DENNIS AANENSON DIRECTOR 1.00 X 0 0 0 DOMICO RODRIGUEZ DIRECTOR 1.00 X 0 0 0 JACK LYNASS DIRECTOR 1.00 X 0 0 0 JAKE QUASNEY DIRECTOR 1.00 X 0 0 0 JENNIFER BALOUN DIRECTOR 1.00 X 0 0 0 JENNIFER TRUCANO DIRECTOR 1.00 X 0 0 0 JERRY SCHMIDT DIRECTOR 1.00 X 0 0 0 JODI ANDERSON DIRECTOR 1.00 X 0 0 0 JODY BENDER DIRECTOR 1.00 X 0 0 0 KELSEY STINE DIRECTOR 1.00 X 0 0 0 NICK ROGNESS DIRECTOR 1.00 X 0 0 0 SARAH WHITE DIRECTOR 1.00 X 0 0 0 SCOTT REIMAN DIRECTOR 1.00 X 0 0 0 SCOTT BARBOUR DIRECTOR 1.00 X 0 0 0 SHON ANDERSON DIRECTOR 1.00 X 0 0 0 CHRIS KARN DIRECTOR 1.00 X 0 0 0 STEVE MENTELE DIRECTOR 1.00 X 0 0 0 TODD CHRISTOFFER DIRECTOR 1.00 X 0 0 0 DR ANN BOLMAN EX-OFFICIO 1.00 X 0 0 0 FRAN WHITE EX-OFFICIO 1.00 X 0 0 0 DR JAMES RANKIN EX-OFFICIO 1.00 X 0 0 0 STEVE ELLIOT EX-OFFICIO 1.00 X 0 0 0 SCOTT LANDGUTH EX-OFFICIO 1.00 X 0 0 0 GARY DREWES EX-OFFICIO 1.00 X 0 0 0 LLOYD LACROIX EX-OFFICIO 1.00 X 0 0 0 NICOLE SWIGART EX-OFFICIO 1.00 X 0 0 0 KEVIN MAHER EX-OFFICIO 1.00 X 0 0 0 LANCE LEHMANN EX-OFFICIO 1.00 X 0 0 0 CALE FIERRO EX-OFFICIO 1.00 X 0 0 0 TOM JOHNSON PRESIDENT 39.00 1.00 X 357649 0 38629 357649 0 38629 1 0 1 0 STANTEC CONSULTING SEVICES INC 13980 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 CONSULTING ON STRATEGIC INNOVATION DISTR 171812 1 106142 5362087 165731 5633960 MEMBERSHIP DUES 900099 591112 591112 OFFICE LEASE INCOME 900099 282431 282431 EVENT INCOME 900099 90165 90165 ECONOMIC RESEARCH INCO 900099 5000 5000 968708 564336 564336 ADVERTISING 541800 45306 45306 MISCELLANEOUS INCOME 900099 1746 1746 47052 7214056 970454 45306 564336 857836 396278 1240048 79210 177666 109360 27463 100278 15312 470282 12711 67008 79847 237578 19583 22401 144739 500865 BAD DEBT EXPENSE 359504 PROGRAM AND EVENT EXPEN 160663 DUES AND SUBSCRIPTIONS 51911 5130543 1054448 1860524 5506655 6150632 6485716 7551021 909 3285 2796081 2650811 0 44750 16835635 1453915 15860146 15381720 329080 348530 1071272 1071272 33104307 35062545 145820 186927 152267 51800 3843009 3740548 18634 20872 4159730 4000147 X 28899577 26465620 45000 4596778 28944577 31062398 33104307 35062545 X 2083513 34308 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 591112 40326 49302 89628 60471 29157 1610312 1610312 14557301 1040129 13517172 668022 413786 254236 15381720 SECURITY DEPOSITS 20872 20872 X 7283667 69611 69611 7214056 0 7214056 5165846 35303 35303 5130543 0 5130543 PART X, LINE 2: ELEVATE RAPID CITY IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). AT DECEMBER 31, 2024, THE ORGANIZATION BELIEVES THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS OR LIABILITIES, OR INTEREST AND PENALTIES ASSOCIATED WITH MATERIAL UNCERTAIN TAX POSITIONS. NO FEDERAL INCOME TAX IS PAID UNLESS NET INCOME IS DERIVED FROM ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIZED RENT 69,611. PART XII, LINE 2D - OTHER ADJUSTMENTS: DISCOUNTS ON LOANS RECEIVABLE WITH BELOW MARKET INTEREST RATES -34,308. SUBSIDIZED RENT 69,611. 1 MAIN STREET SQUARE 512 MAIN STREET STE 240 RAPID CITY SD 57701 273983146 501(C)(3) 10000 0 PARTNERS IN PROGRESS PHASE TECHNOLOGIES 222 DISK DR RAPID CITY SD 57701 450452572 51800 0 OPPORTUNITY CAPTURE FUND WORKFORCE GRANT SOUTH DAKOTA ELLSWORTH DEVELOPMENT AUTHORITY PO BOX 477 RAPID CITY SD 57709 271166754 GOVT 201004 0 COMMUNITY DEVELOPMENT WESTERN DAKOTA VOCATIONAL TECHNICAL FOUNDATION INC 800 MICKELSON DRIVE RAPID CITY SD 57703 460340050 501(C)(3) 18775 0 BUILD DAKOTA REVITALIZE GRANT ELEVATE FOUNDATION 18 E MAIN STREET RAPID CITY SD 57701 200009589 501(C)(3) 0 356768 TRANSFER OF PLEDGE RECEIVABLES TO RELATED ENTITY RURAL AMERICA INITIATIVES 2112 S VALLEY DR RAPID CITY SD 577035934 460390273 501(C)(3) 50000 0 FURNITURE AND SUPPLIES FOR EARLY HEAD START CLASSROOMS LIL PUNKINS DAYCARE 3747 SONORA DR RAPID CITY SD 57701 49874 0 SAFETY IMPROVEMENTS TO CHILDCARE FACILITY YMCA OF RAPID CITY 815 KANSAS CITY STREET RAPID CITY SD 57701 460227218 501(C)(3) 49686 0 SAFETY IMPROVEMENTS TO CHILDCARE FACILITY BLACK HILLS BEHAVIOR LLC 2475 WEST CHICAGO ST RAPID CITY SD 57702 831429586 30126 0 CHILDCARE FACILITY LEASE PAYMENT ASSISTANCE BLACK HILLS STATE UNIVERSITY 1200 UNIVERSITY STREET SPEARFISH SD 57799 466000364 GOVT 10121 0 CHILDCARE BUSINESS BOOTCAMP 7 3 PART I, LINE 2: AFTER SCHOLARSHIPS ARE AWARDED, ELEVATE CONFIRMS DIRECTLY WITH THE HIGHER EDUCATION SCHOOLS WITH WHICH THE RECIPIENT IS ENROLLED. PAYMENTS ARE MADE DIRECTLY TO THE SCHOOLS, WHO IN TURN PROCESS AND DISTRIBUTE THE SCHOLARSHIPS TO THE RESPECTIVE INDIVIDUALS USING THEIR NORMAL POLICIES AND PROCEDURES. FUNDS ARE ALSO DISTRIBUTED TO LOCAL NONPROFIT AND GOVERNMENTAL ORGANIZATIONS TO SUPPORT PROGRAMS THAT ALIGN WITH ELEVATE RAPID CITY'S MISSION. ELEVATE RAPID CITY WORKS CLOSELY WITH THESE ORGANIZATIONS TO ENSURE THEY ARE ACHIEVING POSITIVE RESULTS IN THE COMMUNITY AND THAT THE FUNDS ARE BEING USED AS INTENDED. X X 0 0 0 TOM JOHNSON PRESIDENT 296749 0 60900 0 0 0 21081 0 17548 0 396278 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 RAPID CITY AREA BUSINESSES THAT BECOME MEMBERS OF ELEVATE RAPID CITY RECEIVE THE RIGHT TO VOTE AT THE ANNUAL MEETING. THE ORGANIZATION HAS OVER 750 MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTANT WHO REVIEWS IT WITH MANAGEMENT. A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD AT A REGULAR BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT IS RESPONSIBLE FOR MONITORING CONFLICT OF INTEREST SITUATIONS AT EACH BOARD MEETING IN ACCORDANCE WITH THE PROCEDURES SET FORTH IN THE BYLAWS. ANY BOARD MEMBER DEEMED TO HAVE A CONFLICT IS TO REFRAIN FROM VOTING ON MATTERS INVOLVING THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT OF ELEVATE HAS AN ANNUAL REVIEW PERFORMED BY THE PRESENT AND PAST CHAIRMAN OF THE BOARD OF DIRECTORS. THIS REVIEW CONSISTS OF A PERSONAL MEETING WITH THE PRESIDENT AND A FOLLOW-UP MEETING BETWEEN THE PRESENT AND PAST CHAIRMAN. THIS REVIEW IS DONE USING PERFORMANCE CRITERIA, AS WELL AS THE AMERICAN CHAMBER OF COMMERCE EXECUTIVES' CHAMBER PROFESSIONAL SALARY AND BENEFITS REPORT FOR COMPARISONS. FORM 990, PART VI, SECTION C, LINE 19 GENERALLY, ONLY A COPY OF THE 990 IS MADE AVAILABLE TO THE GENERAL PUBLIC. SPECIFIC REQUESTS FOR OTHER INFORMATION ARE REVIEWED BY THE PRESIDENT AND DISCUSSED WITH THE BOARD OF DIRECTORS FOR CONSIDERATION. FORM 990, PART XI, LINE 9: DISCOUNTS ON LOANS RECEIVABLE WITH BELOW MARKET INTEREST RATES 34,308. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ELEVATE FOUNDATION 18 E MAIN STREET RAPID CITY SD 57701 200009589 RESEARCH AND EDUCATION ON ECONOMIC DEVELOPMENT SD 501(C)(3) LINE 7 ELEVATE RAPID CITY 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 ELEVATE FOUNDATION B 356768 NET PLEDGE BALANCES TRANSFERRED ELEVATE FOUNDATION C 106142 CASH PAID ELEVATE FOUNDATION O 396278 COMPENSATION PAID BY ERC TO CEO SCHEDULE R - ADDITIONAL INFORMATION THE EXECUTIVE COMMITTEE OF ELEVATE RAPID CITY SERVES AS THE BOARD OF DIRECTORS FOR ELEVATE FOUNDATION. ELEVATE FOUNDATION SHARES EMPLOYEES WITH ELEVATE RAPID CITY; PAYROLL IS PAID IN FULL BY ELEVATE RAPID CITY.