RISE Ltd Development Corporation
RISE Ltd Development Corporation is a private foundation, based in Elkader, IA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $139K in total assets. In 2025, it made $6K in qualifying distributions. Net investment income was $31.
Key facts about RISE Ltd Development Corporation
- EIN
- 42-1233462
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $139,376
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$139K
-4.6% YoY
Revenue
$90K
+21.0% YoY
Qualifying Distributions
$6K
-7.2% YoY
Expenses
$68K
+13.8% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $139,376 | $146,143 | $137,995 |
| Revenue | $89,572 | $74,000 | $71,731 |
| Expenses | $68,004 | $59,748 | $62,008 |
| Qualifying Distributions | $6,233 | $6,716 | $6,527 |
| Net Investment Income | $31 | $20 | $11 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS December 17, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS December 19, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 24, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 18, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
RISE Ltd Development Corporation is led by Jessica Pensel, Executive Director on every filing since 2021; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jessica Pensel
Executive Director
On filings since 2021
1 hr/week
No compensation reported
Allan Nelson
Chair
On filings since 2021
1 hr/week
No compensation reported
Audie Baumgartner
Director
On filings since 2021
1 hr/week
No compensation reported
Jade Beck
Director
On filings since 2021
1 hr/week
No compensation reported
Ann Gibney
Director
On filings since 2023
1 hr/week
No compensation reported
Deb Howard
Director
On filings since 2024
1 hr/week
No compensation reported
David Lechtenberg
Director
New on the 2025 filing
1 hr/week
No compensation reported
Courtney Vorwald
Vice Chair
Director → Vice Chair, 2023
On filings since 2021
1 hr/week
No compensation reported
Former officers (3)
- Former: Steve Bunn (2022–2024) — Director
- Former: Robert Hankey (2021–2023) — Vice Chair
- Former: Linda Shaw (2021) — Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about RISE Ltd Development Corporation
How large is RISE Ltd Development Corporation?
RISE Ltd Development Corporation reported $139K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $90K.
What is RISE Ltd Development Corporation's EIN?
RISE Ltd Development Corporation's EIN (Employer Identification Number) is 42-1233462. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching RISE Ltd Development Corporation by hand.
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