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Elpis Enterprises

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

EIN: 562318910 ✦ St paul, MN ✦ Designated as a 501(c)(3)

Overview

What is Elpis Enterprises?

Elpis Enterprises is a nonprofit organization situated in St. Paul, Minnesota, with a focus on supporting at-risk youth. In 2022, they assisted 28 trainees, offering them training and guidance, and continued to support over 30 graduates from previous years. Their social enterprise-based training program aided 28 individuals, leading to 77% achieving meaningful outcomes, such as securing employment or furthering their education. The organization also offers an Earn and Learn component, with two participants achieving meaningful outcomes in 2022, while the remaining four continued their placements into 2023. The organization reported high satisfaction rates, with 83% of trainees rating their experience as excellent or very good. Elpis Enterprises' mission is to foster youth employment and career pathway building through social enterprise.


Official website here: www.elipsenterprises.org

Is Elpis Enterprises legitimate?

Elpis Enterprises is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elpis Enterprises 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.

Here are some key statistics you may want to consider:

Executive Compensation: $68,848
Professional Fundraising Fees: $3,660
Other Salaries and Wages: $335,969

For more financial information, click here


Official website here: www.elipsenterprises.org

What is the mission statement of Elpis Enterprises?

Elpis Enterprises is dedicated to promoting youth employment and building career pathways through social enterprise. In 2022, they worked with 28 trainees who had faced challenges, such as homelessness or unstable housing, and provided guidance to over 30 graduates from previous years. Their social enterprise-based training program helped 77% of the trainees achieve meaningful outcomes, such as securing employment or furthering their education according to their career goals. Excluding a few who continued to address personal challenges, 93% of the trainees saw positive results. Additionally, Elpis helped trainees improve in various employment readiness skills, including confidence, community involvement, and public speaking, among others. Six trainees chose the Earn and Learn component, with two achieving meaningful outcomes by 2022, while the remaining four were set to complete their placements in 2023. Overall, the trainees rated their experience at Elpis highly, with 83% rating it as "Excellent" or "Very Good."


Official website here: www.elipsenterprises.org

Who is the CEO of Elpis Enterprises?

Paul Ramsour is the Chairman of Elpis Enterprises.


Official website here: www.elipsenterprises.org

What is the revenue of Elpis Enterprises?

Elpis Enterprises's revenue in 2022 was $482,362.


Official website here: www.elipsenterprises.org

Who are the executives of Elpis Enterprises and what are their salaries?

The average compensation at Elpis Enterprises during 2022 was $14,458. There are 28 employees and 24 volunteers at Elpis Enterprises.

Here are 8 key members and their salaries:

    Paul Ramsour (Executive Director)
  • Compensation: $68,848
  • Related: $0
  • Other: $0

    • Tim Dyrhaug (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hannah Hugen (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicola Nici Giusti (Secreatary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aneesha Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marney Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Torgerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikeya Sargent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.elipsenterprises.org

    Where can I find the form 990 for Elpis Enterprises?

    The Elpis Enterprises’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.elipsenterprises.org

    Learn more at the official website: www.elipsenterprises.org

    Mission Statement of Elpis Enterprises

    Elpis Enterprises, a nonprofit organization, is dedicated to fostering youth employment and career pathway building through social enterprise. Their mission is to support young individuals who have experienced homelessness or unstable housing, providing them with the necessary skills and guidance to secure employment and further their education. In 2022, Elpis Enterprises worked with 28 trainees, helping 77% of them achieve meaningful outcomes such as securing employment or continuing their education. The organization also focused on improving 12 employment readiness skills identified by the U.S. Department of Labor, with notable improvements reported in areas like confidence, community involvement, and public speaking. The program was well-received by its participants, with 83% rating their experience at Elpis Enterprises as excellent or very good.

    Impact

    This information is meant to be a general summary of Elpis Enterprises. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Elpis Enterprises has a significant impact on fostering youth employment and building career pathways through its social enterprise program. In 2022, the organization worked with 28 trainees who came from backgrounds that put them at risk for homelessness or unstable housing. Among these trainees, 77% achieved meaningful outcomes such as securing immediate employment or continuing their education towards their career goals. Excluding those facing significant challenges, this percentage increased to 93%.

    Furthermore, 80% of the trainees demonstrated improvement in essential employment readiness skills, as outlined by the U.S. Department of Labor. The program also reported statistically significant improvements in trainees' confidence levels, community engagement skills, and public speaking abilities. Additionally, there was an increase in the number of trainees who felt they had a supportive adult to talk to when facing problems.

    Regarding the Earn and Learn component, six trainees opted for this opportunity in 2022, with two completing the placement successfully and achieving meaningful outcomes. For the remaining four trainees, their placement would continue into the following year.

    Overall, trainees who completed Elpis Enterprises' program in 2022 rated their experience highly, with 83% describing it as "Excellent" or "Very Good." This feedback underscores the organization's effectiveness in supporting youth in gaining valuable skills, employment opportunities, and a sense of empowerment for their future careers.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $734,117

    • Assets and Liabilities:
  • Total Assets: $287,555
  • Total Liabilities: $21,238
  • Net Assets: $266,317
  • Organization Details

    Founding Year

    2002

    Principal Officer

    Paul Ramsour

    Main Address

    2161 University Avenue West STE 112, St Paul, MN, 55114

    NTEE Category

    Code: P30 - Human services

    If you are a representative of Elpis Enterprises and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.