Overview
What is Launchbio Inc?
Launchbio Inc is a nonprofit organization based in San Diego, California, with a mission to foster innovation in the field of life sciences and biotechnology. They achieve this by connecting high-growth entrepreneurs with essential resources such as knowledge, capital, and talent. Their impact spans beyond local regions, reaching entrepreneurs across leading life science hubs nationwide. Launchbio offers educational programs, resources, and expert connections, enabling entrepreneurs to focus on their research while navigating business development and securing funding. Their goal is to contribute to human health and well-being through an ecosystem of innovation. With a modest workforce of two individuals, Launchbio plays a significant role in supporting the growth of life science companies.
Official website here: www.launchbio.org
Is Launchbio Inc legitimate?
Launchbio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Launchbio Inc 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.
Here are some key statistics you may want to consider:
Executive Compensation: $84,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,667
For more financial information, click here
What is the mission statement of Launchbio Inc?
Launchbio Inc's mission is centered around fostering an ecosystem of innovation for the betterment of human health and well-being. They aim to do this by connecting entrepreneurs with essential resources such as knowledge, capital, and talent, not just within geographical regions, but across the nation's leading life science hubs. By providing a platform for entrepreneurs to network and collaborate, Launchbio allows them to focus on their scientific work, while offering guidance on business building, connecting them to resources, and introducing them to funding sources. Launchbio's impact is measured by its success in bridging these connections, making it easier for life science and biotechnology companies to thrive.
Official website here: www.launchbio.org
Who is the CEO of Launchbio Inc?
Mike Hostetler is the Principal Officer of Launchbio Inc. The CEO's salary of Launchbio Inc is $84,000 and their total compensation is $84,000.
Official website here: www.launchbio.org
What is the revenue of Launchbio Inc?
Who are the executives of Launchbio Inc and what are their salaries?
The average compensation at Launchbio Inc during 2022 was $75,834. There are 2 employees at Launchbio Inc.
Here are 6 key members and their salaries (Launchbio Inc's CEO's salary is $84,000 and their total compensation is $84,000):
- Becky Beattie (Ceo)
- Michael Hostetler (President) [Trustee/Director]
- John Freeman (Treasurer) [Trustee/Director]
- Tia Williams (Secretary) [Trustee/Director]
- Kathleen Gibson (Director)
- Anton Xavier (Director)
Official website here: www.launchbio.org
Where can I find the form 990 for Launchbio Inc?
The Launchbio Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.launchbio.org
Learn more at the official website: www.launchbio.org
Mission Statement of Launchbio Inc
Launchbio Inc, a pioneering organization, is dedicated to establishing an innovative ecosystem that benefits human health and well-being. This mission is achieved by connecting entrepreneurs with essential resources such as knowledge, capital, and talent. Launchbio's unique approach extends beyond geographical boundaries, fostering collaborations across the nation's leading life science hubs.
Entrepreneurs in the life science and biotechnology sectors are at the heart of Launchbio's mission. The organization recognizes the challenges these individuals face when starting a company and provides invaluable support. This assistance includes education on business development, access to subject matter experts, and introductions to funding sources. By alleviating these challenges, Launchbio enables entrepreneurs to focus on their scientific work, ultimately contributing to advancements in human health.
In essence, Launchbio Inc serves as a bridge, connecting the dots between innovators, resources, and opportunities. By doing so, it fosters a dynamic and supportive environment that can propel life science and biotechnology companies towards success, ultimately benefiting human health and well-being on a national scale.
Impact
This information is meant to be a general summary of Launchbio Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Launchbio Inc's impact lies in its ability to empower high-growth, high-impact life science and biotechnology companies by providing them with a supportive ecosystem for innovation. By connecting entrepreneurs with crucial resources such as knowledge, capital, and talent, Launchbio facilitates the development of groundbreaking solutions for human health and well-being. Through its tailored support and holistic approach, Launchbio enables entrepreneurs to focus on their scientific endeavors while equipping them with the necessary business acumen and connections to thrive in the competitive life science landscape. Ultimately, Launchbio's impact can be seen in the success stories of entrepreneurs who have benefited from its guidance, leading to advancements in the field of science research and beyond.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$36,548
EVENT REVENUE
Revenue
$5,554
PROGRAM REVENUE
Revenue
$1,099
Organization Details
Founding Year
2015
Phone
(858) 724-2164
Principal Officer
Mike Hostetler
Main Address
10210 CAMPUS POINT DRIVE 150, SAN DIEGO, CA, 92121
Website
www.launchbio.org
NTEE Category
Code: U02 - Science research
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