Launch New York Inc.
Launch New York Inc.
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About this organization
Mission
To stimulate economic growth in economically underperforming areas in upstate New York.
About
The regional entrepreneurship action plan implementation program: provide high-growth, high-impact companies the guidance they need to become investable and successful. Launch NY connects entrepreneurs to resources and funding both within the upstate NY ecosystem and beyond. Since the beginning of 2012, Launch NY has served 885 companies and in 2018, Launch NY served 262 clients. By the end of fiscal year 2018, Launch NY completed 49 transactions for a total of $1,587,500.
Interesting data from their 2019 990 filing
According to the filing, the non-profit's mission is “See schedule o.the organization's objective is to support underperforming entrepreneurships in upstate ny, by providing programs & services to entrepreneurs that assist business development and growth of start-up companies, with a particular goal of helping high potential companies position themselves to receive professional equity investments from angel, seed-stage, and venture capital investors.”.
When referring to its actions, they were described as: “To stimulate economic growth in economically underperforming areas in upstate new york.”.
- According to the law, the state of operation reported by the non-profit is NY.
- As per the filing, the address of the non-profit for 2019 is 77 GOODELL STREET SUITE 201, BUFFALO, NY, 14203.
- According to their form, the non-profit as of 2019 has a total of 4 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $1,066,644.
- The organization has 6 independent voting members.
- The organization was formed in 2011.
- The organization pays $613,614 in salary, compensation, and benefits to its employees.
- The organization pays $52,936 in fundraising expenses.
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