Nonprofit · EIN 42-1148364
RISE LTD
Tax-exempt · ELKADER, IA 52043
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,990,919 | $3,680,677 | $310,242 | $7,197,787 | $500,104 | $6,697,683 |
| June 30, 2024 | 990 | $3,911,915 | $3,451,727 | $460,188 | $6,661,269 | $273,828 | $6,387,441 |
| June 30, 2023 | 990 | $3,603,500 | $3,036,791 | $566,709 | $6,528,461 | $601,208 | $5,927,253 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $206,163
- of which government grants
- $165,983
- Program service revenue
- $3,391,562
- Investment income
- $251,370
- Net rental income
- $141,824
- Net gain from sales of assets
- $94,311
- Other revenue
- $141,824
Expenses
- Grants and similar amounts paid
- $1,150
- Compensation of officers, directors and key employees
- $162,093
- Other salaries and wages
- $2,186,749
- Salaries, compensation and benefits (total)
- $2,870,206
- Professional fundraising fees
- $0
- Legal fees
- $29
- Accounting fees
- $27,263
- Occupancy
- $165,144
- Travel
- $91,427
- Depreciation
- $268,814
- Program services (functional)
- $3,311,847
- Management and general (functional)
- $368,830
Balance sheet and other
- Total assets, start of year
- $6,661,269
- Total assets, end of year
- $7,197,787
- Total liabilities, end of year
- $500,104
- Net assets, end of year
- $6,697,683
- Land, buildings and equipment
- $3,182,902
- Net assets without donor restrictions
- $6,697,683
- Gross unrelated business income
- $5,762
- Gross receipts
- $4,008,138
- Employees
- 56
- Volunteers
- 7
- Year formed
- 1980
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jessica Pensel | Executive Director Officer | 39 | $135,985 | $26,058 |
| Allan Nelson | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Courtney Vorwald | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| David Lechtenberg | Director From 05/2025 Trustee or director | 1 | $0 | $0 |
| Jade Beck | Director Trustee or director | 1 | $0 | $0 |
| Ann Gibney | Director Trustee or director | 1 | $0 | $0 |
| Deb Howard | Director Trustee or director | 1 | $0 | $0 |
| Audie Baumgartner | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jessica Pensel | Executive Director Officer | 39 | $94,023 | $28,014 |
| Allan Nelson | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Courtney Vorwald | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Steve Bunn | Director (Through May 2024) Trustee or director | 1 | $0 | $0 |
| Jade Beck | Director Trustee or director | 1 | $0 | $0 |
| Ann Gibney | Director Trustee or director | 1 | $0 | $0 |
| Deb Howard | Director (From May 2024) Trustee or director | 1 | $0 | $0 |
| Audie Baumgartner | Director (From May 2024) Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jessica Pensel | Executive Director Officer | 39 | $89,668 | $21,078 |
| Allan Nelson | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Courtney Vorwald | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Robert Hankey | Director (Through April 2023) Trustee or director | 1 | $0 | $0 |
| Steve Bunn | Director Trustee or director | 1 | $0 | $0 |
| Jade Beck | Director Trustee or director | 1 | $0 | $0 |
| Ann Gibney | Director (From March 2023) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 106 RAINBOW DR, ELKADER, IA 52043-9075
- In care of
- % JESSICA PENSEL
- Principal officer (990 for 2024)
- Jessica Pensel, 106 Rainbow Drive, Elkader, IA 52043
- Signed the 990
- Jessica Pensel, Executive Director
- Phone
- (563) 245-1868
- Website
- www.riseltd.org
- Return prepared by
- Eide Bailly LLP
Mission
To encourage independence through the provision of residential and day program services to enhance the lives of the people we serve.
Program accomplishments
- RISE, Ltd. Provided Supported Community Living Skills to 80 individuals with intellectual disabilities, brain injury, and mental illness. In addition, the organization has three group homes with a total of 20 beds available, and two apartment complexes with at total of 13 living units. The organization also provided Day Habilitation services to 64 individuals with intellectual disabilities and mental illness. This program is CARF accredited.Expenses $3,311,847 · grants $1,150 · revenue $3,385,800
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1148364
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1981
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J33Z)
- Assets (IRS master file)
- $7,197,787
- Income (IRS master file)
- $4,008,138
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,990,919 | $3,680,677 | $7,197,787 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $3,911,915 | $3,451,727 | $6,661,269 | XML |
| 990 | June 2023 | $3,603,500 | $3,036,791 | $6,528,461 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1148364).
Questions about RISE LTD
- What is the EIN of RISE LTD?
- The employer identification number (EIN) of RISE LTD is 42-1148364.
- Is RISE LTD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to RISE LTD tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RISE LTD file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RISE LTD due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RISE LTD last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RISE LTD?
- The 990 for the year ended June 30, 2025 names Jessica Pensel.
- Who are the officers and directors of RISE LTD?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $135,985 (Jessica Pensel, Executive Director).
- How much revenue does RISE LTD have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,990,919, expenses of $3,680,677 and total assets of $7,197,787 at year end.
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