Public Charity

ELEVATE HOUSING FOUNDATION

ELEVATE HOUSING FOUNDATION is a nonprofit organization categorized as Public Charity based in LINCOLNWOOD, IL. Its most recent IRS filing (2024) reports revenue of $28.9M, expenses of $25.9M, total assets of $43.0M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $350K.

EIN: 821235705 LINCOLNWOOD, IL Latest filing: 2024
Total Revenue$28.9M
Total Expenses$25.9M
Total Assets$43.0M
Grant Records1
Funding Total$350K
Filing Years2019–2024

Mission

Elevate Housing Foundation(Elevate) is organized and shall be operated exclusively for charitable purposes, including relieving the poor and distressed by providing safe, 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.

Officers & Directors

Board Member Arkadi Rapaport
Officer Aurora Castaneda
Officer Candice Lopez
President Ilya Shulman
Officer Lyudmila Tur
Officer Robert Lincoln

Officer compensation and complete director data available with membership.

Top Grant Purposes

RESTORATION CENTER
$350,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $28.9M $25.9M $43.0M
2023 $26.4M $27.1M $36.8M
2022 $24.5M $25.0M $32.6M
2020 $19.1M $22.2M $33.7M
2019 $14.2M $16.4M $32.6M

Between 2019 and 2024, reported annual revenue grew from $14.2M to $28.9M (+103%), with total assets most recently reported at $43.0M.

Interactive year-over-year charts and full filing details available with membership.

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