Rise Ltd Development Corporation

Elkader, IA
Tax-exempt since Aug. 1986
EIN: 42-1233462

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$74k (2024)

Expenses

$59.7k (2024)

Total Assets

$146k (2024)

Total Liabilities

$104k (2024)

Years with missing data

Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Revenue

$74,000

Expenses

$59,748

Net Income

$14,252

Net Assets

$41,983

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$20	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$73,980	100.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,716	11.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$146,143
Total Liabilities	$104,160
Net Assets	$41,983

Compensation

Key Employees and Officers	Compensation	Other
Allan Nelson (Chair)	$0	$0
Courtney Vorwald (Vice Chair)	$0	$0
Steve Bunn (Director (Until May 2024))	$0	$0
Jade Beck (Director)	$0	$0
Ann Gibney (Director)	$0	$0
Deb Howard (Director (From May 2024))	$0	$0
Audie Baumgartner (Director (From May 2024))	$0	$0
Jessica Pensel (Executive Director)	$0	$0

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990-PF

Filed on Feb. 24, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2023

Revenue

$71,731

Expenses

$62,008

Net Income

$9,723

Net Assets

$27,731

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$11	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$71,720	100.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,527	10.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$137,995
Total Liabilities	$110,264
Net Assets	$27,731

Compensation

Key Employees and Officers	Compensation	Other
Allan Nelson (Chair)	$0	$0
Robert Hankey (Vice Chair (Through April 2023))	$0	$0
Courtney Vorwald (Vice Chair)	$0	$0
Steve Bunn (Director)	$0	$0
Jade Beck (Director)	$0	$0
Jessica Pensel (Executive Director)	$0	$0
Ann Gibney (Director (From March 2023))	$0	$0

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990-PF

Filed on Jan. 26, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2022

Revenue

$69,954

Expenses

$63,471

Net Income

$6,483

Net Assets

$18,008

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$24	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$69,930	100.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,880	9.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$156,974
Total Liabilities	$138,966
Net Assets	$18,008

Compensation

Key Employees and Officers	Compensation	Other
Allan Nelson (Chair)	$0	$0
Robert Hankey (Vice Chair)	$0	$0
Audie Baumgartner (Director (Through March 2022))	$0	$0
Courtney Vorwald (Director)	$0	$0
Jade Beck (Director)	$0	$0
Steve Bunn (Director)	$0	$0
Jessica Pensel (Executive Director)	$0	$0

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990-PF

Filed on Dec. 19, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2021

Revenue

$68,553

Expenses

$54,994

Net Income

$13,559

Net Assets

$11,525

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$34	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$68,519	100.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,831	10.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$149,712
Total Liabilities	$138,187
Net Assets	$11,525

Compensation

Key Employees and Officers	Compensation	Other
Allan Nelson (Chair)	$0	$0
Robert Hankey (Vice Chair)	$0	$0
Audie Baumgartner (Director)	$0	$0
Courtney Vorwald (Director)	$0	$0
Jade Beck (Director)	$0	$0
Linda Shaw (Director (Through April 2021))	$0	$0
Jessica Pensel (Executive Director)	$0	$0

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990-PF

Filed on Dec. 17, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2020

Revenue

$57,836

Expenses

$56,914

Net Income

$922

Net Assets

-$2,034

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$123	0.2%
Dividends	$0
Sales of Assets	$0
Other Income	$61,155	> 100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,892	8.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$154,245
Total Liabilities	$156,279
Net Assets	-$2,034

Compensation

Key Employees and Officers	Compensation	Other
Allan Nelson (President)	$0	$0
Robert Hankey (Vice President)	$0	$0
Audie Baumgartner (Director)	$0	$0
Courtney Vorwald (Director)	$0	$0
Linda Shaw (Director)	$0	$0
Bill Garms (Director (Until Jan))	$0	$0
Jessica Pensel (Executive Director)	$0	$0

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990-PF

Filed on Dec. 14, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2019

Revenue

$66,706

Expenses

$67,343

Net Income

-$637

Net Assets

-$12,349

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$86	0.1%
Dividends	$0
Sales of Assets	$0
Other Income	$66,620	99.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$61,294	91.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$151,779
Total Liabilities	$164,128
Net Assets	-$12,349

Compensation

Key Employees and Officers	Compensation	Other
Allan Nelson (President)	$0	$0
Audie Baumgartner (Vice President)	$0	$0
Bill Garms (Director)	$0	$0
Bob Hankey (Director)	$0	$0
Courtney Vorwald (Director)	$0	$0

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990-PF

Filed on Sept. 10, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2016

Revenue

$60,578

Expenses

$57,437

Net Income

$3,141

Net Assets

-$26,489

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$95	0.2%
Dividends	$0
Sales of Assets	$0
Other Income	$60,483	99.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$50,679	88.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$171,259
Total Liabilities	$197,748
Net Assets	-$26,489

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Revenue

$60,518

Expenses

$52,790

Net Income

$7,728

Net Assets

-$29,629

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$95	0.2%
Dividends	$0
Sales of Assets	$0
Other Income	$60,423	99.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$46,620	88.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$174,565
Total Liabilities	$204,194
Net Assets	-$29,629

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Revenue

$53,470

Expenses

$62,564

Net Income

-$9,094

Net Assets

-$37,359

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$96	0.2%
Dividends	$0
Sales of Assets	$0
Other Income	$53,374	99.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$55,938	89.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$169,673
Total Liabilities	$207,032
Net Assets	-$37,359

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Revenue

$56,019

Expenses

$56,177

Net Income

-$158

Net Assets

-$28,266

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$152	0.3%
Sales of Assets	$0
Other Income	$55,867	99.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$48,836	86.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$189,175
Total Liabilities	$217,441
Net Assets	-$28,266

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Revenue

$61,222

Expenses

$52,710

Net Income

$8,512

Net Assets

-$32,218

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$295	0.5%
Dividends	$0
Sales of Assets	$0
Other Income	$60,927	99.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$45,107	85.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$187,597
Total Liabilities	$219,815
Net Assets	-$32,218

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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Updated January 26, 2026

Rise Ltd Development Corporation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $74k (2024)

Expenses $59.7k (2024)

Total Assets $146k (2024)

Total Liabilities $104k (2024)

Tax Filings by Year

Fiscal Year Ending June 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending June 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2011

No Extracted Financial Data

Revenue

$74k (2024)

Expenses

$59.7k (2024)

Total Assets

$146k (2024)

Total Liabilities

$104k (2024)

Fiscal Year Ending June
2024

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002

Fiscal Year Ending June
2001