LAUNCH NEW YORK INC
77 GOODELL STREET SUITE 201, BUFFALO, NY 14203 www.launchny.org

Total Revenue
$3,736,344
Total Expenses
$1,857,343
Net Assets
$3,950,978

Organizations Filed Purposes: THE ORGANIZATION'S OBJECTIVE IS TO SUPPORT UNDERPERFORMING ENTREPRENEURSHIPS IN UPSTATE NY, BY PROVIDING PROGRAMS & SERVICES TO ENTREPRENEURS THAT ASSIST BUSINESS DEVELOPMENT AND GROWTH OF START-UP COMPANIES, WITH A PARTICULAR GOAL OF HELPING HIGH POTENTIAL COMPANIES POSITION THEMSELVES TO RECEIVE PROFESSIONAL EQUITY INVESTMENTS FROM ANGEL, SEED-STAGE, AND VENTURE CAPITAL INVESTORS.

TO STIMULATE ECONOMIC GROWTH IN ECONOMICALLY UNDERPERFORMING AREAS IN UPSTATE NEW YORK.

THE REGIONAL ENTREPRENEURSHIP ACTION PLAN IMPLEMENTATION PROGRAM: PROVIDE HIGH-GROWTH, HIGH-IMPACT COMPANIES THE GUIDANCE THEY NEED TO BECOME INVESTABLE AND SUCCESSFUL. LAUNCH NY CONNECTS ENTREPRENEURS TO RESOURCES AND FUNDING BOTH WITHIN THE UPSTATE NY ECOSYSTEM AND BEYOND. SINCE THE BEGINNING OF 2012, LAUNCH NY HAS SERVED 1,056 COMPANIES AND IN 2019, LAUNCH NY SERVED 246 CLIENTS. BY THE END OF FISCAL YEAR 2019, LAUNCH NY COMPLETED 25 TRANSACTIONS FOR A TOTAL OF $855,000.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Marion LavigneCEO, PRESIDENT, AND SECRETARY40$244,489
Lindsay Karas StencelCOO AND TREASURER (TO 2/29/20)24$174,428
Michael DefreitasASSISTANT SECRETARY1$0
Paul HoganDIRECTOR (1/1/19-3/8/19)1$0
Mel PassarelliDIRECTOR1$0
Jennifer BackageDIRECTOR1$0
Zachary SchulmanDIRECTOR1$0
Maggie DornDIRECTOR1$0
Jordan LevyDIRECTOR / VICE CHAIRPERSON1$0
George ChamounDIRECTOR / CHAIRPERSON1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202042489349300244_public.xml