2023-11-10T11:27:38-06:00 2022-12-31 363321958 Desmond & Ahern Ltd 10827 S Western Ave Chicago IL 60643 990 2022-01-01 364443093 Elevate Energy ELEV 7732694037 322 S Green Street 300 Chicago IL 60607 Anne Evens Chief Executive Officer 7732694037 2023-11-10 1 Anne Evens 999009999 0 Jason L Gierhahn P02385275 7737794720 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Anne Evens 322 S Green Street 300 Chicago IL 60607 40435759 0 X www.elevatenp.org X 2001 IL We work to ensure equal access to clean and affordable heat, power, and water for everyone. 14 13 209 13 0 0 18890494 30477168 19185732 9755362 4380 156630 98004 46599 38178610 40435759 2384519 2496775 0 0 15177391 18855067 0 0 722136 17616538 11658760 35178448 33010602 3000162 7425157 26024460 34326769 14926848 15804000 11097612 18522769 Elevate promotes equity through climate action. Elevate designs and implements programs that reduce costs, protect people and the environment, and ensure the benefits of clean and efficient energy use reach those who need them most. 0 0 26153933 2496775 9801961 Elevate Energy provides economic, environmental and climate justice benefits to households, building owners, communities and governments through energy and water efficiency improvements. It administers residential hourly electricity pricing programs, delivers energy and water efficiency retrofits in residential and nonprofit buildings, and provides energy planning and data analysis services. Consumers gain access to education and programs that help them manage energy costs and make housing costs more affordable. Elevate Energy programs create jobs, save energy, reduce emissions and improve the economy. We provide equity through climate action. 26153933 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 59 0 1 209 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL AL CA CT HI MA NH NJ SC WV OR X Lindy Loyet 7733212688 322 S Green Street Chicago IL 60607 Anne Evens CEO & President 50.00 X X 259504 0 28295 John Cleveland Chair 5.00 X X 0 0 0 David Shryock Treasurer & Vice Chair 2.00 X X 0 0 0 Robert Weissbourd Director 2.00 X 0 0 0 Scott Bernstein Director 1.00 X 0 0 0 Susan Estes Director 1.00 X 0 0 0 Leah Turnbull Director 1.00 X 0 0 0 Denise Fairchild Director 1.00 X 0 0 0 Chinwe Onyeagoro Director 1.00 X 0 0 0 Kimberly Lewis Director 1.00 X 0 0 0 Margaret O'Dell Director 1.00 X 0 0 0 Jennifer Tescher Director 1.00 X 0 0 0 Sharonda Williams-Tack Director 1.00 X 0 0 0 Edgar Ramirez Director 1.00 X 0 0 0 Abigail Corso Chief Strategy Officer 40.00 X 181073 0 21720 Delmar Gillus Chief Operating Officer 40.00 X 185438 0 27117 Trisha Miller Chief Innovation and Development Officer 40.00 X 186163 0 12779 Lindy Loyet Chief Financial Officer 40.00 X 187367 0 14529 Antonia Ornelas Chief Program Officer 40.00 X 179433 0 21058 1178978 0 125498 42 0 1 0 AT Mechanical LLC 2000 N Hawthorne Melrose Park IL 60160 Construction services 1308434 Nick & Eddie Construction 14513 S Harrison Ave Posen IL 60469 Construction services 1187145 America Environmental Construction PO Box 9188 Chicago IL 60609 Construction services 671375 Aseret Development Series LLC 925 Worcester Ave Westchester IL 60154 Construction services 541069 Chandler Property Preservation LLC 8039 S Harvard Ave Chicago IL 60620 Construction services 528546 28 7596239 22880929 30477168 Fee for service 900099 9755362 9755362 9755362 156630 156630 Miscellaneous 900099 46599 46599 46599 40435759 9801961 0 156630 X 2496775 2496775 287799 175557 8634 103608 157145 53105 104040 15184057 10976415 3755245 452397 179210 130156 44297 4757 1913676 1386811 467284 59581 1133180 813350 280183 39647 87920 87920 60000 60000 8431289 8013293 414674 3322 107068 21738 85254 76 664942 555535 101688 7719 425409 343291 77616 4502 303100 229945 63910 9245 296337 197572 86920 11845 506 506 93056 72967 16570 3519 126464 92623 29322 4519 Dues and subscriptions 418565 294999 108341 15225 Bad debt 233581 233581 Program expense 166262 166262 Miscellaneous 126308 126302 6 117953 73539 42246 2168 33010602 26153933 6134533 722136 4227167 2167410 14799604 20402293 2391515 7139391 3591922 3284702 388730 726018 1873606 1723656 136608 149950 488914 457005 26024460 34326769 3654284 4504566 111500 429780 11161064 10869654 14926848 15804000 X 9715013 10706613 1382599 7816156 11097612 18522769 26024460 34326769 7425157 0 X X 0 1 X 1 1 1 X 6764714 9581352 11891428 18890494 30477168 77605156 6764714 9581352 11891428 18890494 30477168 77605156 30735046 46870110 1488 61860 21185 4380 156630 245543 96404 46599 143003 77993702 84880876 0.60090 0.59230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29642 60031 89673 32920929 33010602 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 115175 81200 61077 89673 347125 250000 250000 250000 250000 1000000 1500000 29975 10700 6077 29642 76394 396189 393965 2224 806666 658940 147726 670751 670751 0 149950 Refundable advances 10869654 10869654 X 40436424 665 665 40435759 0 40435759 33011267 665 665 33010602 0 33010602 Part X, Line 2: FIN 48 Note from Audited Financial Statements Elevate Energy maintains an exemption from federal income taxes with the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). The Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private foundation under Section 509(a)(1). The tax-exempt purpose of the Organization and the nature in which it operates is described above. The Organization continues to operate in compliance with its tax-exempt purpose. The Organization's annual information and income tax returns filed with the federal and state governments are subject to examination by the IRS, generally for three years after they have been filed. The Organization has adopted the requirements for accounting for uncertain tax positions and management has determined that the Organization was not required to record a liability related to uncertain tax positions as of December 31, 2022 and 2021. Part XI, Line 4b - Other Adjustments: Debt recovery Part XII, Line 2d - Other Adjustments: Debt recovery 1 AirGo 1434 West 51st Street Chicago IL 60609 010559608 50000 0 Sub-grant supports the work of AirGo's documentary Help This Garden Grow Bikerdike 2500 West North Ave Chicago IL 60647 237087890 81001 0 Sub-grantee for building electrification program Community Health 2611 W Chicago Ave Chicago IL 60607 363831793 146250 0 Sub-grant supports health homes/homes visiting program CSI Support & Development Services (Dunn) 8425 E 12 Mile Road Suite 100 Warren MI 48093 200000 0 Sub-grant facilitates elimination of fossil fuel usage in buildings Develop Detroit 1452 Randolph Street Floor 3 Detroit MI 48226 811368616 115000 0 Sub-grantee for building electrification program Fairway 39555 Orchard Hill Place Suite 600 Novi MI 48375 383047638 125000 0 Sub-grantee for building electrification program Marillac St Vincent 212 S Francisco Ave Chicago IL 60612 362109717 16666 0 Sub-grant supports provision of new energy efficient appliances New Ecology 15 Court Square Suite 420 Boston MA 02108 043447828 1596780 0 Sub-grantee for national market expansion Pentecostal House of Prayer 4143 W Madison St Chicago IL 60624 464980086 10000 0 Sub-grant supports provision of new energy efficient appliances Trilogy Inc 1400 W Greenleaf Ave Chicago IL 60626 362795409 16666 0 Sub-grant supports provision of new energy efficient appliances United Electrical 37 S Ashland Ave Chicago IL 60607 131425760 12200 0 Sub-grant supports provision of new energy efficient appliances Wisconsin Housing Preservation Corp 150 East Gilman Street Suite 1500 Madison IL 53703 300002040 119000 0 Sub-grantee for building electrification program Part I, Line 2: The use of granted funds are closely monitored and documented by management in the accounting records on an ongoing basis as expended. Schedule I, Part 1, #1 X 0 0 0 0 0 0 0 0 0 Anne Evens CEO & President 234504 0 25000 0 0 0 5000 0 23295 0 287799 0 0 0 Delmar Gillus Chief Operating Officer 170438 0 15000 0 0 0 3700 0 23417 0 212555 0 0 0 Abigail Corso Chief Strategy Officer 166073 0 15000 0 0 0 3500 0 18220 0 202793 0 0 0 Lindy Loyet Chief Financial Officer 172367 0 15000 0 0 0 3500 0 11029 0 201896 0 0 0 Antonia Ornelas Chief Program Officer 164433 0 15000 0 0 0 3500 0 17558 0 200491 0 0 0 Trisha Miller Chief Innovation and Development Off 171163 0 15000 0 0 0 1750 0 11029 0 198942 0 0 0 Mark Dunn Husband of CEO, Anne Evens 53105 Mark Dunn, husband of CEO Anne Evens, is the Organization's Chief of Construction. He is a salaried employee and was paid $53,105 including benefits during 2022. 0 Leslie Hendren Sister of CFO, Lindy Loyet 104039 Leslie Hendren, sister of CFO Lindy Loyet, is the Organization's HR generalist. She is a salaried employee and was paid $104,039 including benefits during 2022. 0 Form 990, Part VI, Section B, line 11b The 990 was reviewed by the Chief Financial Officer along with the Chief Executive Officer/Board Members. The 990 was then provided to the full Board for a final review and their approval. Form 990, Part VI, Section B, line 12c The Board reaffirms the Organization's conflict of interest policy annually when each member completes a conflict of interest disclosure form. Form 990, Part VI, Section B, line 15 An annual review of the Chief Executive Officer is performed by the independent officers of the board. The chairperson of the board provides a report to the Executive Committee to substantiate compensation, duties and goals for the coming year. The Chief Executive Officer conducts the annual performance review for all other officers and key employees. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available upon request. Form 990, Part IX, line 11g Professional services: Program service expenses 2,655,704. Management and general expenses 414,674. Fundraising expenses 3,322. Total expenses 3,073,700. Construction services: Program service expenses 5,357,589. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,357,589. Form 990, Part XII, line 2c: The process has not changed from the prior year.