Launch 2035

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 834697154 ✦ Huntsville, AL ✦ Designated as a 501(c)(3)

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Overview

What is Launch 2035?

Launch 2035 is a nonprofit organization with a mission to foster entrepreneurship and stimulate economic growth within its region. Their primary goal is to establish a supportive ecosystem that nurtures local businesses and encourages economic diversity. By doing so, they aim to enhance the overall quality of life in the region. This is achieved by promoting entrepreneurial activities and fostering an environment that encourages the growth and diversification of local businesses, thereby contributing to the region's economic prosperity.


Official website here: www.launch2035.com

Is Launch 2035 legitimate?

Launch 2035 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Launch 2035 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: $118,300

For more financial information, click here


Official website here: www.launch2035.com

What is the mission statement of Launch 2035?

Launch 2035 aims to foster an entrepreneurial ecosystem in the region, promoting the growth of local businesses and encouraging economic diversification. This initiative is focused on enhancing the regional economy and improving the overall quality of life. By creating such an environment, Launch 2035 seeks to stimulate business development and contribute to the region's economic growth.


Official website here: www.launch2035.com

Who is the CEO of Launch 2035?

John Allen is the Ceo of Launch 2035. The CEO's salary of Launch 2035 is $118,300 and their total compensation is $118,300.


Official website here: www.launch2035.com

What is the revenue of Launch 2035?

Launch 2035's revenue in 2021 was $428,850.


Official website here: www.launch2035.com

Who are the executives of Launch 2035 and what are their salaries?

The average compensation at Launch 2035 during 2021 was $118,300. There is 1 employee at Launch 2035.


Here are 4 key members and their salaries (Launch 2035's CEO's salary is $118,300 and their total compensation is $118,300):


John Kvach (Ceo)
  • Compensation: $118,300
  • Related: $0
  • Other: $0
John Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.launch2035.com

Where can I find the form 990 for Launch 2035?

Launch 2035's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.launch2035.com

Learn more at the official website: www.launch2035.com

Mission Statement of Launch 2035

Launch 2035, an entrepreneurship-focused organization, aims to establish a robust regional ecosystem to foster local businesses and promote economic diversity. Their mission is centered around nurturing entrepreneurship, thereby contributing to the overall economic growth and improvement of the quality of life in the region. By creating this entrepreneurial ecosystem, Launch 2035 aims to support and encourage the growth of local businesses, ultimately diversifying the regional economy.

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Impact




October, 2024

Launch 2035 aims to significantly enhance economic growth and quality of life in Huntsville, Alabama, by fostering a vibrant entrepreneurial ecosystem. By focusing on entrepreneurship, the initiative facilitates the growth of local businesses and encourages diverse economic development. This approach not only supports existing enterprises but also attracts new investments, bolstering the regional economy.

The impact of Launch 2035 is multifaceted. It cultivates a culture of innovation and collaboration among entrepreneurs, which in turn can lead to job creation and increased prosperity for the community. Through networking, resources, and support systems, local businesses are empowered to thrive, contributing to a more resilient economy. Additionally, by diversifying the economic base, the initiative reduces reliance on singular industries, enhancing stability and sustainability.

Overall, Launch 2035 contributes to community improvement, elevating the standard of living in Huntsville while positioning it as a progressive hub for entrepreneurial activity.




This information is meant to be a general summary of Launch 2035. 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.

Revenue
$428,850 (2021)
Expenses
$232,432 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $428,850

Assets and Liabilities:

  • Total Assets: $292,012
  • Total Liabilities: $6,195
  • Net Assets: $285,817

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Organization Details

Founding Year

2019

Principal Officer

John Allen

Main Address

320 PELHAM AVENUE SUITE 403, HUNTSVILLE, AL, 35801

NTEE Category

Code: S30 - Community improvement

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