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Nonprofit · EIN 83-3557457

ELEVATEMED INC

Tax-exempt · SCOTTSDALE, AZ 85254

Financials

$689K$979K2023$854K$715K2024$898K$787K2025
Revenue Expenses · by fiscal year end
Financials of ELEVATEMED INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$898,272$786,552$111,720$614,488$16,356$598,132
December 31, 2024990$853,873$715,347$138,526$486,187$0$486,187
December 31, 2023990$688,555$978,911-$290,356$351,926$4,689$347,237
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$643,696
Program service revenue
$0
Investment income
$8
Net income from fundraising events
$254,568
Other revenue
$254,568

Expenses

Grants and similar amounts paid
$257,780
Other salaries and wages
$102,729
Salaries, compensation and benefits (total)
$123,608
Professional fundraising fees
$4,500
Legal fees
$321
Accounting fees
$12,194
Travel
$36,042
Program services (functional)
$609,277
Management and general (functional)
$172,775
Fundraising (functional)
$4,500

Balance sheet and other

Total assets, start of year
$486,187
Total assets, end of year
$614,488
Total liabilities, end of year
$16,356
Net assets, end of year
$598,132
Publicly traded securities
$2,766
Net assets without donor restrictions
$598,132
Gross receipts
$898,272
Employees
1
Volunteers
50
Year formed
2018
State of legal domicile
AZ

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JEFFREY ARMSTRONGEXECUTIVE DI
Officer
50$96,923
DR ALYX PORTER UMPHREYBOARD CHAIR
Trustee or director, Officer
8$0
DR MARISSA VASQUEZBOARD VICE C
Trustee or director, Officer
–$0
DR TIFFANY HARDAWAYSECRETARY
Trustee or director, Officer
–$0
JACQUELINE BRYANTTREASURER
Trustee or director, Officer
–$0
MAIA S MCCUISTON MDDIRECTOR
Trustee or director
–$0
DR GREG UMPHREYDIRECTOR
Trustee or director
–$0
DR ANDREW SANDERSON IIDIRECTOR
Trustee or director
–$0
DR BERT VARGASDIRECTOR
Trustee or director
–$0
GYASI CHISLEY PMP FACHEDIRECTOR
Trustee or director
–$0
DR JESHENNA WATKINSDIRECTOR
Trustee or director
–$0
DR RICARDO CORREADIRECTOR
Trustee or director
–$0
DR SHANNON SMITH HAMILTONDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensation
DR ALYX PORTER UMPHREYEXEC DIR,BOA
Trustee or director, Officer
8$0
DR MARISSA VASQUEZBOARD VICE C
Trustee or director, Officer
–$0
DR TIFFANY HARDAWAYSECRETARY
Trustee or director, Officer
2$0
PATRICK BROOKS CPATREASURER
Trustee or director, Officer
1$0
MAIA S MCCUISTON MDDIRECTOR
Trustee or director
1$0
WELLS DAVISDIRECTOR
Trustee or director
1$0
DR GREG UMPHREYDIRECTOR
Trustee or director
1$0
DR ANDREW SANDERSON IIDIRECTOR
Trustee or director
1$0
DR BERT VARGASDIRECTOR
Trustee or director
1$0
GYASI CHISLEY PMP FACHEDIRECTOR
Trustee or director
1$0
DR JESHENNA WATKINSDIRECTOR
Trustee or director
2$0
DR RICARDO CORREADIRECTOR
Trustee or director
1$0
DR SHANNON SMITH HAMILTONDIRECTOR
Trustee or director
1$0
ANTIQUA CLEGGETTEXEC DIRECTO
Trustee or director
–$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
DR ALYX PORTER UMPHREYEXEC DIR,BOA
Officer
8$0
DR GREG UMPHREYDIRECTOR
Trustee or director
1$0
DR MARISSA VASQUEZBOARD VICE C
Officer
2$0
DR TIFFANY HARDAWAYSECRETARY
Officer
2$0
PATRICK BROOKS CPATREASURER
Officer
1$0
DR ANDREW SANDERSON IIDIRECTOR
Trustee or director
1$0
DR BERT VARGASDIRECTOR
Trustee or director
1$0
GYASI CHISLEY PMP FACHEDIRECTOR
Trustee or director
1$0
DR JESHENNA WATKINSDIRECTOR
Trustee or director
2$0
DR RICARDO CORREADIRECTOR
Trustee or director
1$0
DR SHANNON SMITH HAMILTONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
12622 N 56TH PL, SCOTTSDALE, AZ 85254-4258
Principal officer (990 for 2025)
DR ALYX PORTER UMPHREY, 10645 N TATUM BLVD STE 200-149, PHOENIX, AZ 85028
Signed the 990
DR ALYX PORTER UMPHREY, BOARD CHAIR
Phone
(480) 269-5774
Return prepared by
CONCIERGE CONSULTING AND ACCOUNTING

Mission

PROVIDE SCHOLORSHIP SUPPORT, MENTORSHIP, LEADERSHIP DEVELOPMENT AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR MEDICAL STUDENTS PURSUING CAREERS IN MEDICINE

990 for the year ended December 31, 2025

Program accomplishments

  • ELEVATEMED IS A 501(C)(3) NONPROFIT ORGANIZATION COMMITTED TO SUPPORTING THE NEXT GENERATION OF PHYSICIAN LEADERS THROUGH SCHOLARSHIP SUPPORT, MENTORSHIP, LEADERSHIP DEVELOPMENT, FINANCIAL WELLNESS EDUCATION, AND COMMUNITY ENGAGEMENT. ELEVATEMED HELPS REMOVE FINANCIAL AND PROFESSIONAL BARRIERS IN MEDICAL EDUCATION WHILE STRENGTHENING THE PHYSICIAN WORKFORCE THROUGH EDUCATION, MENTORSHIP, AND PROFESSIONAL DEVELOPMENT. THE ELEVATEMED SCHOLARS PROGRAM IS BUILT AROUND FIVE CORE AREAS: SCHOLARSHIP SUPPORT, MENTORSHIP, LEADERSHIP DEVELOPMENT, FINANCIAL WELLNESS EDUCATION, AND PEER NETWORKING.
    Expenses $351,497
  • SCHOLARSHIPS AND MENTORSHIP ANNUALLY, ELEVATEMED PROVIDES TUITION-BASED SCHOLARSHIPS AND PROFESSIONAL SUPPORT DESIGNED TO HELP REDUCE THE FINANCIAL BURDEN ASSOCIATED WITH MEDICAL EDUCATION. SCHOLARS ARE SELECTED THROUGH A NATIONAL APPLICATION AND COMMITTEE REVIEW PROCESS DESIGNED TO EVALUATE ACADEMIC ACHIEVEMENT, LEADERSHIP, COMMITMENT TO SERVICE, AND ALIGNMENT WITH THE ORGANIZATION'S MISSION. THE 2025 SCHOLARS COHORT INCLUDED MEDICAL STUDENTS WHO EACH RECEIVED 10,000 SCHOLARSHIP AWARDS DISTRIBUTED DIRECTLY TO SCHOLARS FOLLOWING COMPLETION OF REQUIRED DOCUMENTATION AND SCHOLARSHIP AGREEMENTS OUTLINING APPROVED EDUCATIONAL EXPENSES. THROUGH PARTNERSHIPS INCLUDING THE LARRY FITZGERALD FOUNDATION AND THE DIANE PORTER MEMORIAL SCHOLARSHIP, ELEVATEMED WAS ALSO ABLE TO PROVIDE ADDITIONAL SCHOLARSHIP SUPPORT TO SELECT SCHOLARS. IN ADDITION, RESIDENCY RELOCATION SCHOLARSHIPS WERE AWARDED TO GRADUATING SCHOLARS ENTERING RESIDENCY PROGRAMS TO ASSIST WITH TRANSITION-RELATED EXPENSES. SINCE INCEPTION, ELEVATEMED HAS AWARDED MORE THAN 1.5 MILLION IN TUITION-BASED SCHOLARSHIPS AND SUPPORT TO MORE THAN 90 MEDICAL STUDENTS ACROSS THE UNITED STATES.
    Expenses $257,780 · grants $257,780
  • OTHER PROGRAM SERVICES ELEVATEMED PROVIDES ADDITIONAL PROGRAMMING AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES DESIGNED TO SUPPORT MEDICAL STUDENTS THROUGHOUT THEIR EDUCATIONAL JOURNEY AND TRANSITION INTO RESIDENCY. PROGRAMMING INCLUDES LEADERSHIP DEVELOPMENT, FINANCIAL WELLNESS EDUCATION, MENTORSHIP ENGAGEMENT, PEER NETWORKING OPPORTUNITIES, AND COMMUNITY ENGAGEMENT INITIATIVES THAT HELP SCHOLARS STRENGTHEN PROFESSIONAL SKILLS AND BUILD MEANINGFUL CONNECTIONS WITHIN THE PHYSICIAN WORKFORCE. THROUGH ELEVATE DREAMS, SCHOLARS ALSO PARTICIPATE IN K-12 EDUCATIONAL OUTREACH AND COMMUNITY ENGAGEMENT INITIATIVES DESIGNED TO INSPIRE FUTURE GENERATIONS PURSUING CAREERS IN HEALTHCARE AND MEDICINE. ELEVATEMED ADDITIONALLY PROVIDED RESIDENCY RELOCATION SUPPORT TO GRADUATING SCHOLARS ENTERING RESIDENCY PROGRAMS TO ASSIST WITH TRANSITION-RELATED EXPENSES AND CONTINUED PROFESSIONAL DEVELOPMENT.

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-3557457
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$614,488
Income (IRS master file)
$898,272

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$898,272$786,552$614,488XML
990December 2024$853,873$715,347$486,187IRS
990December 2023$688,555$978,911$351,926XML
990December 2022$512,935$397,321$637,593IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-EZDecember 2018–––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 83-3557457).

Questions about ELEVATEMED INC

What is the EIN of ELEVATEMED INC?
The employer identification number (EIN) of ELEVATEMED INC is 83-3557457.
Is ELEVATEMED INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to ELEVATEMED INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ELEVATEMED INC 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 ELEVATEMED INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ELEVATEMED INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ELEVATEMED INC?
The 990 for the year ended December 31, 2025 names DR ALYX PORTER UMPHREY.
Who are the officers and directors of ELEVATEMED INC?
The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $96,923 (JEFFREY ARMSTRONG, EXECUTIVE DI).
How much revenue does ELEVATEMED INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $898,272, expenses of $786,552 and total assets of $614,488 at year end.

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