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Filing year 2024

LAUNCH NEW YORK INC

Buffalo, New York·EIN 45-3980649·NTEE S43 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$3.7M
Total assets
$12.3M
Total expenses
$2.7M
Reported officers
10
Mission

THE ORGANIZATION'S OBJECTIVE IS TO IDENTIFY, SUPPORT AND INVEST IN HIGH-GROWTH, HIGH-IMPACT COMPANIES THAT CAN TRANSFORM THE LOCAL ECONOMY AND CATALYZE THE ENTREPRENEURIAL CULTURE ACROSS UPSTATE NEW YORK BY PROVIDING PRO-BONO MENTORSHIP AND CAPITAL ACCESS PROGRAMS & SERVICES TO ENTREPRENEURS WITH A PARTICULAR GOAL OF HELPING SCALABLE STARTUPS POSITION THEMSELVES TO RECEIVE PROFESSIONAL EQUITY INVESTMENTS FROM LAUNCH NY AND ANGEL, SEED-STAGE, AND VENTURE CAPITAL INVESTORS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in New York.

Ceo/president/secretary
75th to 90th percentile
$265k
$286k
Base
$190k
Bonus
$60k
Other
Benefits
$5k
Coo/treasurer
25th percentile to median
$78k
$84k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LAUNCH NEW YORK INC equaled 10% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
10%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held roughly steady
over 3 years

From $258k in 2021 to $265k in 2024.

$258k
2021
$266k
2023
$265k
2024
In today's dollarsEst.
Down 10% in real terms$319k to $286k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 3% from 2021 to 2024, while revenue rose 19%.

$258k in 2021 to $265k in 2024.
  • Chief Financial Officer pay fell 36% from 2021 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LAUNCH NEW YORK INC

What does the Chief Executive Officer of LAUNCH NEW YORK INC earn?

In 2024, the Chief Executive Officer of LAUNCH NEW YORK INC received $265,150 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAUNCH NEW YORK INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2024 pay of the Chief Executive Officer at LAUNCH NEW YORK INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at LAUNCH NEW YORK INC equaled 10% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are LAUNCH NEW YORK INC's revenue and expenses?

In 2024, LAUNCH NEW YORK INC reported $3.7M in total revenue and $2.7M in total expenses on its IRS Form 990.

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