Connectup Institute

Fiscal year ending 2024. Filed on May 14, 2025.

1908 University Ave W
Unit 720
Saint Paul, Minnesota 55104

Connectup Institute (EIN: 85-2918250) has filed an IRS Form 990 since fiscal year 2022. In its fiscal year 2024 IRS Form 990 filing, Connectup Institute, a 501(c)(3) charitable organization, reported compensation for 1 out of 11 total employees. Among the employees shown here, the average compensation is $81,302. The highest compensated employee at Connectup Institute is Y Elaine Rasmussen with fiscal year 2024 compensation of $81,302.

Revenue, expenses, and employee compensation

Revenue

$638,171

Expenses

$529,780

Employee compensation

$314,298
Revenue, expenses, and employee compensation over time

Mission Statement

The ConnectUP! Integrated Capital Fund ICF is a charitable fund that addresses the gap in access to $70M capital resources and networks to increase local BIPOC ownership of businesses in the Twin Cities Metro area. ICF provides early second-stage entrepreneurs with flexible and patient hybrid capital grants debt equity fractional executive FTE support and mindset coaching. ICF disrupts the traditional capitalist credit system which has failed Black and Brown entrepreneurs and is the ONLY woman-led fund driven by economic justice with wealth creation and restorative finance as its core values. -CEO Circles are small group learning sessions on a specific business topic facilitated by a culturally responsive subject matter expert. In each circle founders come together in working sessions to hack their most pressing business issues build fellowship and leverage collective wisdom. -The LevelUP! Digital Platform provides culturally grounded courses and toolkits

Revisions to this organization profile

May 14, 2025:
2024 Connectup Institute 990 filed
October 24, 2024:
2023 Connectup Institute 990 filed
November 15, 2023:
2022 Connectup Institute 990 filed

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