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Nonprofit · EIN 81-5282491

ELEVATE HOPE HOUSE

Tax-exempt · RAMSEY, MN 55303

Financials

$57K$88K2023$424K$152K2024
Revenue Expenses · by fiscal year end
Financials of ELEVATE HOPE HOUSE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
January 31, 2025990$424,123$152,004$272,119$389,338$641$388,697
January 31, 2024990-EZ$57,283$87,515-$30,232$124,342$7,764$116,578
Financial details: 990 for the year ended January 31, 2025

Revenue

Contributions, gifts and grants
$411,798
Program service revenue
$0
Investment income
$832
Net income from fundraising events
$6,147
Net income from sales of inventory
$5,346
Other revenue
$11,493

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$15,000
Other salaries and wages
$35,720
Salaries, compensation and benefits (total)
$55,377
Professional fundraising fees
$0
Legal fees
$3,028
Accounting fees
$1,945
Occupancy
$9,175
Depreciation
$4,354
Program services (functional)
$66,869
Management and general (functional)
$75,288
Fundraising (functional)
$9,847

Balance sheet and other

Total assets, start of year
$124,342
Total assets, end of year
$389,338
Total liabilities, end of year
$641
Net assets, end of year
$388,697
Land, buildings and equipment
$30,278
Net assets without donor restrictions
$388,697
Gross receipts
$468,895
Employees
8
Volunteers
20
Year formed
2017
State of legal domicile
MN

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 January 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MELINDA M MCDERMOTTPRESIDENT FO
Trustee or director, Officer
35$10,000
NICOLE BECKSENGMT DIR &
Trustee or director
5$0
CARYN BUXENGARDDIRECTOR OF
Trustee or director, Officer
5$0
LAURIE DVORACEKENGMT DIR &
Trustee or director
5$0
RENEE HANSONDIR OF ENGAG
Trustee or director
5$0
ROBIN KIRKENGMT DIR/SE
Trustee or director, Officer
5$0
PAM RASSETTDIR OF ENGAG
Trustee or director
5$0
990-EZ for the year ended January 31, 2024: 11 people
NameTitleHours / weekCompensation
MELINDA M MCDERMOTTPRESIDENT FO22$30,000
JAY CARLSONEXECUTIVE DI0$0
CARYN BUXENGARDDIRECTOR OF0$0
TAMI SHINDERDIRECOTR OF0$0
THERESE HAMELDIRECTOR OF0$0
RACHEL NIEMANNDIRECTOR OF0$0
THERESE PIETRZAKDIRECTOR OF0$0
JOAN KROGSTADDIRECTOR OF0$0
LISA ARNESONDIRECTOR OF0$0
MEGAN LEISTERDIRECTOR OF0$0
RENEE HANSONDIRECTOR OF0$0

Address and contacts

Address (IRS master file)
7533 SUNWOOD DR NW STE 216, RAMSEY, MN 55303-4973
In care of
% MELINDA M MCDERMOTT
Mailing address (990-N for 2021)
2168 7th Avenue, Anoka MN 55303
Principal officer (990 for 2024)
MELINDA M MCDERMOTT, 3629 140TH LANE NW, ANDOVER, MN 55304
Principal officer (990-N for 2021)
Melinda McDermott, 3629 140th Lane NW, Andover MN 55304
Signed the 990
MELINDA M MCDERMOTT, PRESIDENT FOUNDER
Phone
(612) 282-9769
Return prepared by
EMMERICH & MCKNIGHT LLC

Mission

TO PROVIDE A SAFE HOME AND SUPPORT SYSTEM FOR YOUNG SINGLE MOMS AND THEIR CHILDREN IN CRISIS TO RENEW, RESTORE, AND REGAIN SELF-WORTH

990 for the year ended January 31, 2025

Program accomplishments

  • ELEVATE HOPE HOUSE HAD A GOOD YEAR BY PROVIDING A SAFE HOME AND SUPPORT SYSTEM FOR FIVE SINGLE MOMS AND THEIR CHILDREN IN CRISIS TO RENEW, RESTORE, AND REGAIN SELF-WORTH. WITH PLANS OF EXPANSION, A SECOND HOME WAS BUILT BY SPRING LAKE PARK HIGHT SCHOOL IN THE SUMMER OF 2024, AND IT WILL BE PLACED ON A PLOT OF DONATED LAND IN HAME LAKE IN 2025.
    Expenses $66,869

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 January, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025January 31, 2026June 15, 2026Not on file
2024January 31, 2025June 16, 2025990 on file
2023January 31, 2024June 17, 2024990-EZ on file

IRS record

EIN
81-5282491
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
2017
Accounting year ends
January
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$389,338
Income (IRS master file)
$468,895

Filing history

FormYear endedRevenueExpensesAssetsReturn
990January 2025$424,123$152,004$389,338XML
990-EZJanuary 2024$57,283$87,515$124,342XML
990-EZJanuary 2023–––IRS
990-N for 2021
Officer: Melinda McDermott
January 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Melinda McDermott
January 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Melinda McDermott
January 31, 2020≤ $50,000 receipts––e-Postcard

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 81-5282491).

Questions about ELEVATE HOPE HOUSE

What is the EIN of ELEVATE HOPE HOUSE?
The employer identification number (EIN) of ELEVATE HOPE HOUSE is 81-5282491.
Is ELEVATE HOPE HOUSE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to ELEVATE HOPE HOUSE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ELEVATE HOPE HOUSE 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 ELEVATE HOPE HOUSE due?
The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ELEVATE HOPE HOUSE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended January 2025.
Who is the principal officer of ELEVATE HOPE HOUSE?
The 990 for the year ended January 31, 2025 names MELINDA M MCDERMOTT.
Who are the officers and directors of ELEVATE HOPE HOUSE?
The 990 for the year ended January 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $10,000 (MELINDA M MCDERMOTT, PRESIDENT FO).
How much revenue does ELEVATE HOPE HOUSE have?
On its 990 for the year ended January 31, 2025 it reported revenue of $424,123, expenses of $152,004 and total assets of $389,338 at year end.

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