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Filing year 2024

LAUNCHYOURCITY

Collierville, Tennessee·EIN 26-3190220·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$881k
Total assets
$110k
Total expenses
$746k
Reported officers
7
Mission

LAUNCHYOURCITY SUPPORTS THE EARLIEST STAGES OF ENTREPRENEURSHIP IN MEMPHIS WITH DYNAMIC PROGRAMS THAT ARE DESIGNED TO HELP POTENTIAL ENTREPRENEURS TO TAKE THE FIRST ACTIONABLE STEPS OF STARTING A NEW BUSINESS. ADDITIONALLY, LAUNCHYOURCITY SUPPLIES A CO-WORKING ENVIRONMENT TO LOWER THE ECONOMIC BARRIER OF ENTRY TO INCUBATION ALONG WITH AD HOC MENTORING. FOR STARTUPS AND BUSINESSES, LAUNCHYOURCITY PROVIDES MEMPHIS' ONLY DYNAMIC INNOVATION ECONOMY PROGRAMMING TO KEEP UP-TO-SPEED ON THE LATEST TRENDS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Ceo, President, Founder
Median to 75th percentile
$126k
$134k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 6 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 LAUNCHYOURCITY equaled 17% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
17%
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.

Up 25%
from 2023

From $101k in 2023 to $126k in 2024.

$101k
2023
$126k
2024
In today's dollarsEst.
Up 22% in real terms$110k to $134k

Estimated with BLS CPI-U for the South 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 25% from 2023 to 2024, while revenue rose 81%.

$101k in 2023 to $126k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 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 LAUNCHYOURCITY

What does the Chief Executive Officer of LAUNCHYOURCITY earn?

In 2024, the Chief Executive Officer of LAUNCHYOURCITY received $125,922 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Tennessee, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAUNCHYOURCITY compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Tennessee, the 2024 pay of the Chief Executive Officer at LAUNCHYOURCITY falls between the median and the 75th percentile. In 2024, the highest total compensation at LAUNCHYOURCITY equaled 17% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are LAUNCHYOURCITY's revenue and expenses?

In 2024, LAUNCHYOURCITY reported $881k in total revenue and $746k in total expenses on its IRS Form 990.

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