XLERATEHEALTH NONPROFIT INC
Louisville, KY | Jefferson County
Economic Development
Overview
XLERATEHEALTH NONPROFIT INC
46-1319390
300 E MARKET ST STE 260
Louisville, KY 40202
Jefferson County
Louisville, KY 40202
Jefferson County
(502) 550-8185
jackie@xleratehealth.com
Mission Statement
XLERATEHEALTH (XLH) HELPS EARLY-STAGE HEALTHCARE COMPANIES SHARPEN THEIR BUSINESS MODELS TO ADDRESS TOUGH PROBLEMS IN THE HEALTHCARE ECOSYSTEM AND ULTIMATELY SECURE CUSTOMERS AND ATTRACT FUNDING.
CRA Category
- Economic Development
Nonprofit location
- Majority Minority Census Tract
- Opportunity Zone
Awards & Certifications
- This nonprofit has not received any CRA awards or certifications.
Founded
Not reported
Total Employees
Not reported
Total Volunteers
Not reported
Nonprofit Classification (NTEE Code)
S30
S - Community Improvement, Capacity Building
Economic Development
Organizations whose primary purpose is to stimulate the economy, expand employment opportunities, encourage the establishment and growth of commerce and industry and otherwise enhance the economic development of the community.
IRS Activity Codes
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code)
813410
Civic and Social Organizations
Targeted Clients
- Children & Youth
- College Students
- Economically Disadvantaged
- Entrepreneurs
- Military
- Minority Individuals
- Rural Residents
- Senior Citizens
- Small Businesses
- Veterans
- Women
CRA Income Characteristics
This nonprofit has claimed its profile but has not yet provided this information.
CRA Alignment
CRA Category
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and
then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services
HEALTHCARE ENTREPRENEUR BOOTCAMP ACCELERATOR
XLH’s entrepreneur Bootcamp provides intensive, hands-on mentorship and support to very early stage healthcare companies through a 13-week accelerator program, on site at XLH’s 3,500 square foot space located in downtown Louisville’s Medical Development Research Park. During the accelerator, participants are not only connected with the partners and customers they need to commercialize their product or service, but also have access to a wide network of mentors and investors with domain expertise in both healthcare and business creation. As one of the only category-agnostic healthcare accelerators in the US, XLH embraces all types of healthcare startups including medical devices, diagnostics, data analytics, healthcare services and others from across the nation. Since its inception in 2013, XLH’s Bootcamp has served over 40 companies and opened a second location in Flint, Michigan.
Targeted Clients
Not reported
CRA Income Characteristics
Not reported
HEALTHCARE ENTREPRENEUR INTERSESSION PROGRAM
XLH’s Intersession program is a virtual accelerator for healthcare companies that either have a longer path to market, such as diagnostic or device companies, or those that are more mature and have earned revenue or raised capital. XLH works with these companies on a virtual basis offering coaching, mentorship, and access to their healthcare ecosystem and investor network.
Targeted Clients
Not reported
CRA Income Characteristics
Not reported
Awards & Certifications
Community Development Financial Institution
Community Development Financial Institution Award Recipient
New Market Tax Credit Recipient
HUD Counseling Agency
Low Income Housing Tax Credit Recipient
IRS Summary
Income
$645K
Revenue
$602.5K
Assets
$602.5K
IRS Business Master File Details
As of March 2025
Exempt Ruling Date
2014-07
Deductibility Status
Deductible
Last Tax Filing
2023
Organization Type
Corporation
Organization Tax Filing Status
990 (all other) or 990EZ return
Foundation Tax Filing Status
990-PF not required by IRS
Affiliation Classification
Independent Organization
Basis for Foundation/Public Charity Status
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Publication 78 Details
As of March 2025
Verified in Publication 78
Yes
Deductibility Limitation
50% (60% for cash contributions)
Organization Description
A public charity
IRS Form 990 Returns
Through December 2024
Tax period ending in
2019-12
Tax period ending in
2015-12
Nonprofit Location
Physical Address
300 E MARKET ST STE 260
Louisville, KY 40202
Jefferson County
Louisville, KY 40202
Jefferson County
Area Type
Metropolitan Statistical Area
FIPS Geocoded Address
31140
MSA/MD
21
State
111
County
0049.00
Tract
Middle
Income Level
Core-Based Statistical Area
31140 - Louisville/Jefferson County, KY-IN
Combined Statistical Area
350 - Louisville/Jefferson County--Elizabethtown, KY-IN
Metropolitan Division
Not located in an MD.
Located In
Low- or Moderate-Income Census Tract
Opportunity Zone
Majority Minority Census Tract
54.10%
FFIEC Distressed Census Tract
FFIEC Underserved Census Tract
Geographies Served
- KY - Jefferson County
- MI - Genesee County
Market Data
| Census Tract | County | |
|---|---|---|
| 0049.00 | Jefferson County | |
| Population | ||
| Total Population | 3,941 | 777,392 |
| Total Households | 1,693 | 329,392 |
| Income | ||
| Median Income* | $85,069 | $67,849 |
| Median Family Income (2024 FFIEC est.) | $92,600 | $89,300 |
| Tract Income Percentage | 110.63% | N/A |
| Below Poverty Level | 30.4% | 14.5% |
| Unemployment Level | 6.5% | 4.8% |
| Housing | ||
| Total Housing Units | 2,349 | 357,923 |
| Total Owner-Occupied Units | 6.9% | 61.8% |
| Total Renter-Occupied Units | 65.2% | 38.2% |
| Total Vacant Units | 27.9% | 7% |
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2023 American Community Survey.
Management
3
Total Voting Members
in Governing Body
in Governing Body
3
Independent Voting Members
in Governing Body
in Governing Body
Tax Filing Signatory
Robert Saunders
(502) 550-8185
(502) 550-8185
Principal Officer
Robert Saunders
findCRA Profile Owner
Jacqueline Willmot
CEO
jackie@xleratehealth.com
CEO
jackie@xleratehealth.com
Key Policies & Documents
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations
Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2021-12.
A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.
This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.
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