Weimpact Group
WeImpact Group is a private Elkhart, Indiana-based impact investment and community development firm that deploys below-market capital into social enterprises and platform businesses while orchestrating public-private revitalization of the 105-acre Elkhart River District.
- Company typePrivate
- Founded2019
- HeadquartersElkhart, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Weimpact Group does
WeImpact Group, LLC is a private social impact investment and community development firm founded in 2020 by Dave Weaver and headquartered at 240 E. Jackson Blvd., Suite 401, in Elkhart, Indiana. The company operates two complementary business lines: social impact investments in for-profit social enterprises focused on arts and culture, education, community development, and entrepreneurship (accepting below-market financial returns in exchange for positive social outcomes), and traditional impact investments in platform businesses that generate market-rate returns to fund ongoing social work through succession planning, strategy, capitalization, and team-building services. Beyond capital deployment, WeImpact serves as the lead developer orchestrating the Elkhart River District master plan, a 105-acre public-private revitalization encompassing approximately $300 million of targeted private investment alongside $30 million in public infrastructure.
The firm's real estate product portfolio is the primary operational surface and includes The Riverbend Building (a commercial building opened in June 2022 that houses Lake City Bank, Edward Jones, Navarre Hospitality Group, Patrick Industries, RSM, Barnes & Thornburg, and Community Foundation of Elkhart County as anchor tenants, designed by Alexander Gorlin Architects and built by DJ Construction), 210 E. Jackson Blvd. (a mixed-use building under construction since June 2023), The Delta Neighborhood (a mixed-use development launched under a dedicated sub-brand with retail, approximately 90 apartments, and 15 townhomes for purchase, groundbreaking March 2024), Zone 1 of the River District addressing market-rate housing and Class-A commercial needs, and the 900 JCKSN private condo project (formerly Portage Place). Approximately $225 million has been invested in River District projects over the past four years, with $160 million committed in under two years. The underlying model is participatory investment and public-private partnership rather than proprietary technology, supported by an RDA allocation of $6.5 million and READI funds secured through the South Bend-Elkhart Regional Partnership.
Distribution and go-to-market are community-led and regionally concentrated in the South Bend-Elkhart corridor. The firm engages prospective partners, sellers, and social-enterprise founders through direct outreach (an open contact intake inviting coffee meetings or calls), a blog/news property, organic LinkedIn presence, an email newsletter, and co-hosted educational events such as the Chuck Marohn Strong Towns series in partnership with Community Foundation of Elkhart County, Elkhart County Convention and Visitors Bureau, and Connect in Elkhart County. The firm runs a lean core team of approximately 7-8 members spanning founder/partner leadership, executive assistant, accounting, design, facilities, marketing and community, and property and leasing functions.
Weimpact Group firmographics
Firmographics- Name
- Weimpact Group
- Legal name
- weImpact Group, LLC
- Website
- https://weimpactgroup.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- WeImpact Group is a private Elkhart, Indiana-based impact investment and community development firm that deploys below-market capital into social enterprises and platform businesses while orchestrating public-private revitalization of the 105-acre Elkhart River District.
- Ownership category
- akta.pro rank
Weimpact Group industry classification
Industry- Product category
- Social Impact Investment and Community Development
- NAICS
- Management of Companies and Enterprises (551)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industries
- Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA), Community Engagement & Participatory Planning (BPAHAKAO)
Keywords
Where Weimpact Group is headquartered
LocationHeadquarters
- HQ city
- Elkhart
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Weimpact Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Supply Chain
Revenue model
- Social Impact Investments: Investments in for-profit social enterprises capitalized by traditional business investments. Positive rates of return are expected at below-market rates, with social impact prioritized above financial return.
- Traditional Impact Investments: Investments in platform businesses that create returns to build a lasting foundation for social impact work, including succession planning, strategy, capitalization, and team results.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Weimpact Group product offering
Product offeringCore offering
weImpact Group is a private investment and community development firm that invests in for-profit social enterprises and platform businesses, and develops mixed-use real estate projects in Elkhart, Indiana's River District. The company operates two investment tracks: Social Impact investments (for-profit social enterprises prioritizing social return at below-market financial returns across arts, education, community development, and entrepreneurship) and Traditional Impact investments (platform businesses generating returns to fund social work including succession planning, strategy, and capitalization). Its real estate portfolio includes The Riverbend Building, 210 E. Jackson Blvd., The Delta Neighborhood, Zone 1, and 900 JCKSN.
Product overview
Weimpact Group is a social impact investment and community development organization operating at the intersection of purpose and profit. The company offers two investment approaches: Social Impact (for-profit social enterprises with below-market returns focused on arts, education, community development, and entrepreneurship) and Traditional Impact (platform businesses generating returns to fund social work). The company's product portfolio includes real estate development projects in the Elkhart River District: The Delta Neighborhood (urban mixed-use development with retail and residential), The Riverbend Building (commercial building), 210 E. Jackson Blvd. (mixed-use building under construction), Zone 1 (residential and commercial development), and 900 JCKSN (condo project). The company also engages in participatory philanthropy investments for community change.
Differentiator
Problem solved
Functional benefit
Brands
- The Delta: Urban walkable mixed-use neighborhood in the Elkhart River District featuring retail, residential, and dining options.
Products and services
- The Delta Neighborhood An urban walkable mixed-use neighborhood in the Elkhart River District featuring retail, residential apartments (studios to 3-bedroom), and townhomes for purchase, along with public art installations and pedestrian-friendly spaces.
- The Riverbend Building Commercial building at 240 E. Jackson Blvd. in Elkhart's River District, designed by Alexander Gorlin Architects and built by DJ Construction. Home to Lake City Bank, Edward Jones, Navarre Hospitality Group, weIMPACT Group, and other tenants including Bird in the Hand restaurant and The Jackson Rooftop bar.
- 210 E. Jackson Blvd. Mixed-use building under construction at 210 E. Jackson Blvd., designed by architect Alexander Gorlin and constructed by DJ Construction.
- Zone 1, Elkhart River District Development zone surrounding Elkhart Health and Aquatics within the River District, addressing market-rate housing shortage and Class-A commercial property needs. Includes townhomes along Hannah Court and Clark Street, and a mixed-use building with retail and office space.
- 900 JCKSN Private condo development formerly named Portage Place, with framed public views of a courtyard and the St. Joe and Elkhart Rivers. Total estimated development cost of $8M-$12M.
- Social Impact Investment Investment in for-profit social enterprises capitalized by traditional business investments. Focus areas include arts and culture, education, community development, and entrepreneurship. Social impact is prioritized above financial return with below-market rates of return expected.
- Traditional Impact Investment Investment in platform businesses that create returns to build a lasting foundation for social impact work. Services include succession planning, strategy, capitalization, and team results.
Quantifiable outcome
- $225M+ invested in River District over 4 years
- +2 more outcomes
Companies that use Weimpact Group
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Weimpact Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Weimpact Group partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- Elkhart County Convention and Visitors BureaucoreCollaborating to bring educational speakers to the community, starting with Chuck Marohn's visit. Hosting events to offer wisdom on urban planning, civic design, and community vibrancy. The partnership brings together multiple organizations to educate the community on best practices.
- Community Foundation of Elkhart CountycoreSecond-largest community foundation in Indiana with approximately $300M endowed. Collaborates on River District Implementation Team and event hosting. Co-hosting Chuck Marohn's Building Blocks Talks series.
- Connect in Elkhart CountycorePartnering to bring speakers and educational events to the community regarding urban planning and community development.
- South Bend – Elkhart Regional PartnershipcoreCollaborated on the River District project securing READI funds. RDA, IEDC, and City of Elkhart support for the $67.69M River District project generating over 200 new housing units.
- Alexander Gorlin ArchitectscoreAward-winning architecture firm from New York that designed The Riverbend Building. Also engaged for 210 E. Jackson Blvd. and The Delta neighborhood projects.
- DJ ConstructioncoreElkhart-based family-owned commercial construction company that built The Riverbend Building. Also constructing 210 E. Jackson Blvd. and The Delta neighborhood developments.
- Elkhart Opportunity FundcoreCollaborating on Zone 1 development surrounding Elkhart Health and Aquatics within the River District. Providing comprehensive development plan to address market-rate housing shortage and need for Class-A commercial property.
- Century BuilderscoreCollaborating with Elkhart Opportunity Fund for Zone 1 development in Elkhart River District to address housing shortages and commercial property needs.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
Weimpact Group competitors and assessment
Company assessmentEmerging players
- SomeraRoad: Emerging real-estate investor focused on mixed-use development in underserved secondary and tertiary U.S. markets — similar target geography and revitalization thesis to WeImpact.
Others
- The Kresge Foundation: National philanthropic foundation that co-invests in equitable urban-development projects alongside community partners; comparable impact-investor/partner profile to the Community Foundation of Elkhart County role in WeImpact's stack.
Direct peers
- Avanath Capital Management: Impact-focused real-estate investment manager that develops and operates affordable and workforce housing; comparable impact-first investment model and tenant mix.
- The Community Builders: Mission-driven, national nonprofit developer of mixed-income and mixed-use real estate; comparable to WeImpact in combining affordable-housing/community-development focus with private capital.
- Enterprise Community Partners: National impact investor and developer in affordable housing and community development with a comparable patient-capital, social-return model.
- The NRP Group: Develops affordable, mixed-income, and market-rate multifamily and mixed-use communities nationwide; comparable in combining below-market social impact with conventional real-estate execution.
- Bedrock: Dan Gilbert's Detroit-based urban-revitalization platform that develops mixed-use real estate in a mid-size post-industrial city, very comparable to WeImpact's Elkhart River District master plan and community-led model.
- LISC (Local Initiatives Support Corporation): Community development financial institution that finances mixed-use and affordable-housing projects in underserved U.S. markets — closely comparable mission and capital-stack approach.
- New City Development Partners: Mixed-use real estate developer focused on community-centered, walkable urban neighborhoods; comparable product type and stakeholder-engagement approach to The Delta.
Broad incumbents
- Bridge Investment Group: Vertically integrated real-estate investment manager with a sizable affordable-housing and workforce-housing vertical; comparable resident base and community-development orientation at greater scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Weimpact Group social profiles
Digital presenceWeimpact Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Weimpact Group leadership team
Management profileNumber of profiles
Profiles8 records
Weimpact Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Weimpact Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Weimpact Group
What does Weimpact Group do?
weImpact Group is a private investment and community development firm that invests in for-profit social enterprises and platform businesses, and develops mixed-use real estate projects in Elkhart, Indiana's River District. The company operates two investment tracks: Social Impact investments (for-profit social enterprises prioritizing social return at below-market financial returns across arts, education, community development, and entrepreneurship) and Traditional Impact investments (platform businesses generating returns to fund social work including succession planning, strategy, and capitalization). Its real estate portfolio includes The Riverbend Building, 210 E. Jackson Blvd., The Delta Neighborhood, Zone 1, and 900 JCKSN.
Is Weimpact Group a public or private company?
Weimpact Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Weimpact Group founded?
Weimpact Group was founded in 2019. It employs 1 to 10 people.
Where is Weimpact Group based?
Weimpact Group is headquartered in Elkhart, United States, in the North America region.
How does Weimpact Group make money?
Two revenue lines are on record. Social Impact Investments are the primary driver. The others are traditional Impact Investments.
Who are Weimpact Group's main competitors?
SomeraRoad is listed as an emerging player. The Kresge Foundation is listed as an others. Direct peers are Avanath Capital Management, The Community Builders, Enterprise Community Partners, The NRP Group, Bedrock, LISC (Local Initiatives Support Corporation) and New City Development Partners. Bridge Investment Group is listed as a broad incumbent.
Does Weimpact Group have an API?
No public API is recorded for Weimpact Group.
What industry is Weimpact Group in?
Weimpact Group's product category is Social Impact Investment and Community Development. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAGALAA, Impact Investing & Social Finance (Funds, CDFIs, Microfinance). Its NAICS code is 551 and its SIC code is 6552.