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EIN 83-2564017

Launch

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Chapel Hill
State
North Carolina
Year formed
2018
Most recent tax filings
2023-06-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Launch fosters high-potential entrepreneurs through its start-up accelerator program, offering co-working space and resources to build early-stage, self-sustaining businesses. With the support of partners, Launch maximizes potential and creates jobs in Orange County.
Total revenues
$283,736
2023
Total expenses
$320,340
2023
Total assets
$287,234
2023
Num. employees
0
2023

Program areas at Launch

Launch Chapel Hill, a start-up accelerator located in downtown Chapel Hill, fostershigh-potential entrepreneurs who are committed to building their early-stage, high-potential businesses into self-sustaining enterprises. Launch is a truly unique partnership of private and public investment between the Town of Chapel Hill, Orange County, and University of North Carolina-Chapel Hill. Launch provides the support, tools and knowledge needed to decrease risks, reduce go-to-market time, and accelerate the growth of start-ups.

Personnel at Launch

NameTitleCompensation
Tim FloodExecutive Director
Sheryl WaddellTreasurer$0
Dwight BassettChairman$0
Steve BrantleySecretary$0
Michelle BolasChairman$0
...and 1 more key personnel

Financials for Launch

RevenuesFYE 06/2023
Total grants, contributions, etc.$366,465
Program services$37,615
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-120,344
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$283,736

Form 990s for Launch

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-28990View PDF
2022-062023-05-15990View PDF
2021-062022-07-11990View PDF
2020-062021-12-10990View PDF
2019-062021-10-12990View PDF
Data update history
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Updated personnel
Identified 2 new personnel
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 4 new personnel
June 26, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
Business and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
136 E Rosemary St Suite 100
Chapel Hill, NC 27514
Metro area
Durham-Chapel Hill, NC
County
Orange County, NC
Phone
(919) 244-2474
IRS details
EIN
83-2564017
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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