Civic Intelligence

Elevate Housing Foundation

990EZ • Fiscal year 2017 • EIN 82-1235705

Jan 01, 2017 to Dec 31, 2017 • Filed on May 17, 2019

8140 N Mccormick BlvdSkokie, IL 60076

(847) 414-3847

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

100th percentile

87386.00x

Higher debt load relative to assets than 100% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$1

No earlier filing loaded for comparison.

Net Assets

-$87,386

No earlier filing loaded for comparison.

Liabilities

$87,386

No earlier filing loaded for comparison.

Revenue

$0

No earlier filing loaded for comparison.

Expenses

$87,386

No earlier filing loaded for comparison.

Net Income

-$87,386

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0-$50MAssets 2017: $1Liabilities 2017: $87,386Net Assets 2017: -$87,3862017Assets 2018: $8,785,799Liabilities 2018: $9,777,225Net Assets 2018: -$991,4262018Assets 2019: $32,627,581Liabilities 2019: $35,839,783Net Assets 2019: -$3,212,2022019Assets 2020: $33,651,372Liabilities 2020: $50,029,699Net Assets 2020: -$16,378,3272020Assets 2021: $28,372,310Liabilities 2021: $55,816,644Net Assets 2021: -$27,444,3342021Assets 2022: $32,604,403Liabilities 2022: $60,552,413Net Assets 2022: -$27,948,0102022Assets 2023: $36,757,046Liabilities 2023: $65,415,163Net Assets 2023: -$28,658,1172023Assets 2024: $43,035,202Liabilities 2024: $68,741,735Net Assets 2024: -$25,706,5332024

Highlighted filing

2017

Assets$1
Liabilities$87,386
Net Assets-$87,386

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2017: $0Expenses 2017: $87,386Net Income 2017: -$87,3862017Revenue 2018: $4,817,960Expenses 2018: $5,722,000Net Income 2018: -$904,0402018Revenue 2019: $14,186,749Expenses 2019: $16,407,525Net Income 2019: -$2,220,7762019Revenue 2020: $19,130,686Expenses 2020: $22,230,167Net Income 2020: -$3,099,4812020Revenue 2021: $19,775,453Expenses 2021: $25,146,833Net Income 2021: -$5,371,3802021Revenue 2022: $24,527,753Expenses 2022: $25,031,429Net Income 2022: -$503,6762022Revenue 2023: $26,409,094Expenses 2023: $27,119,201Net Income 2023: -$710,1072023Revenue 2024: $28,854,452Expenses 2024: $25,902,868Net Income 2024: $2,951,5842024

Highlighted filing

2017

Revenue$0
Expenses$87,386
Net Income-$87,386
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 17, 2019
Return Version
2017v2.2
Mission and Program Overview

Mission

Elevate Housing Foundation(Elevate) is organized and shall be operated exclusively for charitable purposes, including relieving the poor and distressed by providingsafe, decent and sanitary housing to seniors and families in need of affordable housing. While not limited to such, Elevate may provide housing that is subsidized by HUD or by other governmental programs. However, regardless of any subsidy, occupancy in housing owned by Elevate will be limited in accordance with the standards set forth fo nonprofit affordable housing in Rev. Proc 96-32.

Operating housing and needed services for variety of individuals

Program Services

DescriptionGrantsExpenses
Elevate offers housing and needed services for a variety of individuals, ranging from those who are independent to those needing assisted living, memory care, and even families requiring respite care.-$87,386
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ILYA SHULMANPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Elevate Housing Foundation
EIN
82-1235705
Phone
8474143847
Address
8140 N MCCORMICK BLVD, Skokie, IL 60076

Signing Officer

Name
Ilya Shulman
Title
President
Phone
8474143847
Signed
2019-05-17

Preparer

Firm
Mendel S Schneider CPA Pc
Address
4051 OLD ORCHARD RD, SKOKIE, IL 60076
Preparer
Mendel Schneider
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

K-1 gs healthcare llc 82-1075223 87386.

Form 990EZ, Part II, Line 26

K-1 from gs healthcare 82-1075223 87386.

Raw XML Appendix110 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GS HEALTHCARE
IRS990EZ/BooksInCareOfDetail/PhoneNum08474143847
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08140 N MCCORMICK STE 132
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SKOKIE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060076
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-87386
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-87386
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-87386
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ILYA SHULMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt087386
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OPERATING HOUSING AND NEEDED SERVICES FOR VARIETY OF INDIVIDUALS
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Elevate offers housing and needed services for a variety of individuals, ranging from those who are independent to those needing assisted living, memory care, and even families requiring respite care.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt087386
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt087386
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt087386
IRS990EZ/TotalProgramServiceExpensesAmt087386
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0K-1 GS HEALTHCARE LLC 82-1075223 87386.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1K-1 FROM GS HEALTHCARE 82-1075223 87386.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ILYA SHULMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08474143847
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELEVATE HOUSING FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ELEV
ReturnHeader/Filer/EIN0821235705
ReturnHeader/Filer/PhoneNum08474143847
ReturnHeader/Filer/USAddress/AddressLine1Txt08140 N MCCORMICK BLVD
ReturnHeader/Filer/USAddress/CityNm0Skokie
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060076
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F502A456590A72B1B66F51BC43A9C7290BA16263
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F502A456590A72B1B66F51BC43A9C7290BA16263
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.73.21.176
ReturnHeader/FilingSecurityInformation/IPDt02019-05-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm013:43:12
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MENDEL S SCHNEIDER CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04051 OLD ORCHARD RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SKOKIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060076
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MENDEL SCHNEIDER
ReturnHeader/ReturnTs02019-05-22T13:43:17-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings