Overview
What is Launchspace?
Launchspace is a nonprofit organization situated in Orange, Massachusetts, operating from 131 West Main Street Suite 342. Its primary mission is to serve as a community workshop, offering tools, equipment, and educational resources to individuals who are passionate about making and repairing items but lack the necessary space, financial means, or time to establish their own workshops. The nonprofit fosters a collaborative environment, encouraging the sharing of creative energy, and provides a classroom setting for personal learning opportunities across various age groups. Moreover, Launchspace offers workforce training programs to assist individuals in re-entering the job market. With a commitment to empowering its members, Launchspace aims to foster a community of makers and repairers.
Official website here: www.launchspace.com
Is Launchspace legitimate?
Launchspace is a legitimate nonprofit organization registered as a 501(c)(3) entity. Launchspace 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: $45,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.launchspace.com
What is the mission statement of Launchspace?
LaunchSpace, as a non-profit community workshop, aims to offer resources and support to individuals who are passionate about making and repairing things but lack the necessary space, funds, or time to establish their own workshops. By providing tools, equipment, and educational opportunities, LaunchSpace serves as a platform for individuals to share their creative energy, engage in personal learning, and receive workforce training, potentially aiding in their re-entry into the job market.
Official website here: www.launchspace.com
Who is the CEO of Launchspace?
Brianna Drohen is the President And Ceo of Launchspace. The CEO's salary of Launchspace is $45,393 and their total compensation is $51,624.
Official website here: www.launchspace.com
What is the revenue of Launchspace?
Launchspace's revenue in 2022 was $197,709.
Official website here: www.launchspace.com
Who are the executives of Launchspace and what are their salaries?
The average compensation at Launchspace during 2022 was $45,393. There is 1 employee at Launchspace.
Here are 9 key members and their salaries (Launchspace's CEO's salary is $45,393 and their total compensation is $51,624):
- Compensation: $45,393
- Related: $0
- Other: $6,231
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.launchspace.com
Where can I find the form 990 for Launchspace?
Launchspace's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.launchspace.com
Learn more at the official website: www.launchspace.com
Mission Statement of Launchspace
LaunchSpace, a non-profit organization, serves as a community workshop that caters to individuals with a passion for creating and repairing things. It recognizes that not everyone has the necessary space, funds, or time to establish their own workshop. In response, LaunchSpace provides its members with essential tools, equipment, education, and support, acting as a platform for individuals to share their creative energy and learn in a collaborative setting. The workshop offers a classroom environment that is open to all ages, fostering personal growth and learning. Moreover, LaunchSpace also offers workforce training programs, aiming to assist individuals in re-entering the job market with newly acquired skills.
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Impact
October, 2024
Launchspace significantly impacts the Orange community by providing access to tools, equipment, and educational resources for individuals who want to create and repair projects without the constraints of personal space, financial limitations, or time constraints. By fostering a collaborative learning environment, it encourages creativity and innovation among members, allowing them to develop new skills and share knowledge. This communal workshop enhances the local ecosystem by empowering individuals to explore their interests, develop solutions, and engage in hands-on activities, ultimately contributing to community improvement and growth.
This information is meant to be a general summary of Launchspace. 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: $8
- Program Service Revenue: $69,724
- Gross Receipts: $211,667
Assets and Liabilities:
- Total Assets: $322,134
- Total Liabilities: $30,273
- Net Assets: $291,861
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Class & Program Registrations
Revenue
$69,724
Organization Details
Founding Year
2017
Phone
(978) 633-5131Principal Officer
Brianna Drohen
Main Address
131 WEST MAIN STREET SUITE 342, ORANGE, MA, 01364
Website
www.launchspace.comNTEE Category
Code: S43 - Community improvement
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