Elevate Social Businesses Usa Inc
- Assets
- $426.1k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- Data as of
- 12/2022
- EIN
- 84-3875728
Organization Overview
Elevate Social Businesses Usa Inc is located in Brooklyn, NY. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elevate Social Businesses USA Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEVATE SOCIAL BUSINESSES USA PROVIDES THE GENERAL AND ADMINISTRATIVE SUPPORT FOR ACCESO (A U.S 501 (C) 3 ORGANIZATION). ACCESO BUILDS AND SCALES LOCAL AGRIBUSINESSES THAT ARE DESIGNED TO ENABLE SMALLHOLDER FARMERS IN DEVELOPING COUNTRIES TO FAIRLY PARTICIPATE IN HIGH VALUE DOMESTIC AND INTERNATIONAL MARKETS. ACCESO IS THE LEADING LOCAL AGRIBUSINESS BUILDER IN LATIN AMERICA AND THE CARIBBEAN (COLOMBIA, EL SALVADOR, HAITI).ELEVATE'S LARGEST EXPENSES ARE SALARIES AND CONSULTANT FEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Soukaina Dia Manager | 40 | $51,106 | |
John Gaultney Business Officer | 40 | $137,531 | |
Rebecca Wammack Senior Director | 40 | $117,094 | |
Alethia Kang Director | 40 | $130,810 | |
Patricia Parraga Exec Assistant | 40 | $57,938 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Karen Lissette Caceres Quintanilla | 12/30/22 | $56,100 |
Hoevel & Associates Ltd | 12/30/22 | $66,512 |
Nelson Wilfredo Caledonio Marin | 12/30/22 | $66,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,292,500 |
| Total Revenue | $2,292,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $211,338 |
| Other employee salaries and wages | $872,987 |
| Pension plans, employee benefits | $55,926 |
| Interest | $0 |
| Taxes | $69,488 |
| Depreciation | $612 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $167,660 |
| Printing and publications | $0 |
| Other expenses | $447,683 |
| Total operating and administrative expenses | $2,299,496 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,299,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $416,730 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $917 |
| Other assets | $8,501 |
| Total assets | $426,148 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $10,446 |
| Total liabilities | $10,446 |