Overview
What is Launchpad Development Five Llc?
Launchpad Development Five Llc is a nonprofit organization situated in Redwood City, California, with an address at 350 Twin Dolphin Drive 109. Their primary mission is to construct, manage, and maintain the facility used for the school operations of Rocketship Five Elementary School. By providing this infrastructure, they contribute to the education sector, potentially impacting the lives of hundreds of students.
Is Launchpad Development Five Llc legitimate?
Launchpad Development Five Llc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Launchpad Development Five Llc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Launchpad Development Five Llc?
Launchpad Development Five Llc's mission is centered around constructing, maintaining, and managing the facility used for the operations of Rocketship Five Elementary School. This involvement allows for the smooth functioning of the educational institution. The company's role is crucial in providing a conducive learning environment for the school's students. By overseeing the facility, Launchpad Development Five Llc contributes to the overall success of Rocketship Five Elementary School.
Who is the CEO of Launchpad Development Five Llc?
Matthew Shaw is the Board Chair (Term End 07/21) of Launchpad Development Five Llc.
What is the revenue of Launchpad Development Five Llc?
Launchpad Development Five Llc's revenue in 2022 was $747,814.
Who are the executives of Launchpad Development Five Llc and what are their salaries?
There 2 volunteers at Launchpad Development Five Llc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $204,406
- Other: $7,853
- Compensation: $0
- Related: $60,403
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Launchpad Development Five Llc?
Launchpad Development Five Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Launchpad Development Five Llc
Launchpad Development Five Llc, as outlined in its mission, is dedicated to constructing, maintaining, and managing the facility that houses the operations of Rocketship Five Elementary School. This mission reflects the organization's commitment to supporting the educational needs of children by providing a suitable and functional learning environment. Launchpad Development Five Llc plays a crucial role in ensuring that the school can operate smoothly and effectively, contributing to the overall success of Rocketship Five Elementary School.
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Impact
October, 2024
Launchpad Development Five LLC plays a significant role in supporting the educational landscape of Redwood City, California, through its efforts to construct, hold, and manage facilities for Rocketship Five Elementary School. By focusing on the development of a dedicated space for the school, it enhances the learning environment for students, ensuring they have access to essential resources and facilities that foster educational growth.
The organization's commitment to building and managing these facilities directly contributes to community improvement. It helps create a foundation for quality education, which can lead to better academic outcomes and overall development for the children in the area. Through these initiatives, Launchpad Development Five LLC not only supports the school but also strengthens the community by providing a valuable educational resource that can benefit families and future generations.
This information is meant to be a general summary of Launchpad Development Five Llc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,280
- Program Service Revenue: $746,525
- Gross Receipts: $747,814
Assets and Liabilities:
- Total Assets: $7,944,175
- Total Liabilities: $11,276,201
- Net Assets: -$3,332,026
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FACILITY FEE INCOME
Revenue
$746,525
Organization Details
Founding Year
2009
Phone
(877) 806-0920Principal Officer
Matthew Shaw
Main Address
350 TWIN DOLPHIN DRIVE 109, REDWOOD CITY, CA, 94065
NTEE Category
Code: S47 - Community improvement
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