Elevate Aerospace & Logistics Incubator Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 874082687 ✦ Lakeland, FL ✦ Designated as a 501(c)(3)

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Overview

What is Elevate Aerospace & Logistics Incubator Inc?

Elevate Aerospace & Logistics Incubator Inc is a supportive hub based in Lakeland, Florida, specifically at 3985 Laird Blvd. Their primary mission is to foster the growth of aspiring entrepreneurs in the aerospace and logistics industries. They offer a membership program, providing virtual engagement with mentors and private office spaces for companies ready for expansion. Elevate adds value to its members by offering strategic partnerships, think tanks, video-enabled conference rooms, coworking spaces, and dedicated desk areas. Their comprehensive approach aims to help budding entrepreneurs establish and thrive in these industries.


Official website here: www.elevateincubator.com

Is Elevate Aerospace & Logistics Incubator Inc legitimate?

Elevate Aerospace & Logistics Incubator Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elevate Aerospace & Logistics Incubator Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $57,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.elevateincubator.com

What is the mission statement of Elevate Aerospace & Logistics Incubator Inc?

Elevate Aerospace & Logistics Incubator Inc's mission is centered around assisting aspiring entrepreneurs in establishing businesses within the aerospace and logistics industries. This is achieved through a membership program that facilitates growth and development of business ideas and startups. Members engage with mentors virtually and have the option of utilizing private office spaces for companies ready to advance further. Elevate adds value to its members by offering strategic partnerships, think tanks, and access to conference rooms equipped with video capabilities, as well as shared coworking spaces and dedicated desk areas.


Official website here: www.elevateincubator.com

Who is the CEO of Elevate Aerospace & Logistics Incubator Inc?

Eugene Conrad is the CEO of Elevate Aerospace & Logistics Incubator Inc The CEO's salary of Elevate Aerospace & Logistics Incubator Inc is $0 and their total compensation is $172,828.


Official website here: www.elevateincubator.com

What is the revenue of Elevate Aerospace & Logistics Incubator Inc?

Elevate Aerospace & Logistics Incubator Inc's revenue in 2023 was $157,949.


Official website here: www.elevateincubator.com

Who are the executives of Elevate Aerospace & Logistics Incubator Inc and what are their salaries?

There 1 volunteer at Elevate Aerospace & Logistics Incubator Inc.

Here are 5 key members and their salaries (Elevate Aerospace & Logistics Incubator Inc's CEO's salary is $0 and their total compensation is $172,828):


Eugene Conrad (President/Ceo (As Of 4/2022))
  • Compensation: $0
  • Related: $163,005
  • Other: $9,823
Eric Crump (Executive Director)
  • Compensation: $0
  • Related: $61,449
  • Other: $4,913
Ricardo Garcia (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Neal (Cfo)
  • Compensation: $0
  • Related: $121,021
  • Other: $7,554
John Leenhouts (Former President/Ceo (Thru 4/2022))
  • Compensation: $0
  • Related: $170,274
  • Other: $11,305


Official website here: www.elevateincubator.com

Where can I find the form 990 for Elevate Aerospace & Logistics Incubator Inc?

Elevate Aerospace & Logistics Incubator Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.elevateincubator.com

Learn more at the official website: www.elevateincubator.com

Mission Statement of Elevate Aerospace & Logistics Incubator Inc

Elevate Aerospace & Logistics Incubator Inc is committed to aiding aspiring entrepreneurs in establishing businesses within the aerospace and logistics industries. This mission is achieved through a membership program that facilitates the growth of these entrepreneurs' ventures. This growth is fostered through virtual engagement with experienced mentors and the provision of private office spaces for companies that are ready to advance to the next level. Elevate brings significant value to its members by offering access to strategic partnerships, think tanks, and various workspaces, including video-enabled conference rooms, coworking spaces, and dedicated desk areas.

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Impact




October, 2024

Elevate Aerospace & Logistics Incubator Inc plays a significant role in supporting emerging entrepreneurs within the aerospace and logistics sectors. By offering a structured membership program, it provides budding businesses with essential tools and resources for growth. Entrepreneurs benefit from virtual engagement with seasoned mentors, fostering knowledge sharing and practical guidance tailored to their specific challenges.

The incubator enhances its value proposition by facilitating access to strategic partnerships and collaborative environments such as think tanks and coworking spaces. Members can leverage these resources to refine their ideas and prepare for scaling their ventures. The availability of video-enabled conference rooms further empowers these businesses to conduct meetings and presentations seamlessly, regardless of location.

Located in Lakeland, FL, Elevate not only cultivates individual entrepreneurial success but also contributes to the broader community improvement by nurturing innovation in critical industries. Through its focus on aerospace and logistics, it positions itself as a catalyst for economic development and job creation in the region, ultimately strengthening the local and national economy.




This information is meant to be a general summary of Elevate Aerospace & Logistics Incubator Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$157,949 (2023)
Expenses
$100,904 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $6,250
  • Gross Receipts: $157,949

Assets and Liabilities:

  • Total Assets: $106,022
  • Total Liabilities: $104,986
  • Net Assets: $1,036

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INCUBATION REVENUE

Revenue

$6,250

Organization Details

Founding Year

2021

Principal Officer

Tracy T Neal

NTEE Category

Code: S43 - Community improvement

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