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BUSINESS ELEVATOR

CHAMPAIGN, Illinois, 61820

EIN: 84-3730525

Community Improvement, Capacity Building

MISSION

This corporation is organized exclusively for educational and charitable purposes. Its primary purpose is to enhance economic and community development, particularly in low income areas and among marginalized and historically underrepresented groups.

 FORM 1023-EZ for BUSINESS ELEVATOR

WWW.BUSINESSELEVATOR.ORG

DEMOGRAPHIC

ADDRESS
405 E HILL ST
61820
COUNTY
champaign county, IL
IN CARE OF NAME
MARK PELMORE

ORGANIZATIONAL OVERVIEW & RANKINGS

BUSINESS ELEVATOR is a based in CHAMPAIGN, IL, focused on Community Improvement, Capacity Building causes , specifically Business and Industry. Established in July 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,215,822 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 51,097 out of 106,037 organizations in IL (Top 49%).

In champaign county, IL, the organization ranks 959 out of 1,773 nonprofits by assets (Top 54%), while locally in champaign, it stands at 749 among 962 organizations (Top 77%).

The organization reported no revenue in the most recent filing period, placing it at 1,085,654 nationally and 66,227 in IL.

Within its specific NTEE classification (S40 - S: Community Improvement, Capacity Building), which includes 3,919 similar organizations, BUSINESS ELEVATOR ranks 3,156 in assets (Top 81%) and 3,141 in revenue (Top 81%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a May fiscal year. Additional information can be found at WWW.BUSINESSELEVATOR.ORG.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S40: Business and Industry
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2024
ACCOUNTING PERIOD
06
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
07/2020
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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