LAUNCH
Cite this
Plain text LAUNCH. furp.org, nonprofit organization profile, tax years 2020–2024. https://furp.org/org/launch-832564017. Retrieved 2026-11-01.
APA furp.org. (n.d.). LAUNCH [Nonprofit organization profile; tax years 2020–2024]. Retrieved November 1, 2026, from https://furp.org/org/launch-832564017
MLA “LAUNCH.” furp.org, tax years 2020–2024, https://furp.org/org/launch-832564017. Accessed 1 Nov. 2026.
Retrieved 2026-11-01; covers tax years 2020–2024. Data: furp.org, CC BY 4.0.
2024 · Form 990 · revenue $278K · expenses $343K · assets $298K
- EIN
- 83-2564017
- Address
- 136 E ROSEMARY ST, CHAPEL HILL, NC 27514-3555
- Website
- WWW.LAUNCHCHAPELHILL.COM
- NTEE code
- S43
- Exempt type
- 501(c)(3): charitable, religious, educational, scientific or literary (corporation)
- Ruling date
- August 2019 (when the IRS recognized its exemption)
- IRS status
- Exempt (unconditional) (IRS Business Master File) IRS data ↗
- Tax-deductible donations
- Yes: listed in IRS Publication 78 (public charity) Pub 78 ↗
- Foundation status
- Public charity supported by the public (170(b)(1)(a)(vi))
- Cross-check
- ProPublica Nonprofit Explorer
Mission
LAUNCH INC WAS FOUNDED TO PROVIDE CO-WORKING SPACE AND RESOURCES FOR BUSINESSES IN ORANGE COUNTY. WITH THE SUPPORT OF OUR PARTNERS, LAUNCH SEEKS TO MAXIMIZE THE POTENTIAL OF START-UPS AND CREATE JOBS IN ORANGE COUNTY THROUGH THE LAUNCH PROGRAM.
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
3 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Ian Baltutis | EXECUTIVE DI | 2024 | $111,779 | $111,779 | 1 |
| Tim Flood (former) | EXECUTIVE DI | 2023 | $113,500 | $113,500 | 1 |
| Ian Batutis (former) | EXECUTIVE DI | 2023 | $9,833 | $9,833 | 1 |
Officers and directors, no compensation reported
17 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Elaine Bolle | VICE CHAIR | 2023-2024 | 2 | $0 reported | 1 |
| Jan Davis | DIRECTOR | 2023-2024 | 2 | $0 reported | 1 |
| Leslie Jump | DIRECTOR | 2023-2024 | 1 | $0 reported | 1 |
| Scott Maitland | SECRETARY/TR | 2023-2024 | 1 | $0 reported | 1 |
| David Putnam | DIRECTOR | 2023-2024 | 2 | $0 reported | 1 |
| Daniel Salazar | DIRECTOR | 2023-2024 | 1 | $0 reported | 1 |
| Sheryl Waddell | BOARD CHAIR | 2022-2024 | 2 | $0 reported | 1 |
| Emil Runge | EXECUTIVE DI | 2024 | 40 | $0 reported | 1 |
| Michael Linnane | DIRECTOR | 2024 | 1 | $0 reported | 1 |
| Fran Wilson | DIRECTOR | 2024 | 1 | $0 reported | 1 |
| Lennon Dodson | DIRECTOR | 2024 | 1 | $0 reported | 1 |
| Steve Brantley (former) | DIRECTOR | 2020-2023 | 1 | $0 reported | 1 |
| Lennon Cianciulli (former) | DIRECTOR | 2023 | 1 | $0 reported | 1 |
| Dwight Bassett (former) | Chairman | 2022 | 1 | $0 reported | 1 |
| Laura Selmer (former) | Treasurer | 2020-2021 | 2 | $0 reported | 1 |
| Michelle Bolas (former) | Chairman | 2020-2021 | 1 | $0 reported | 1 |
| Dwight Basset (former) | Board Member | 2020 | 5 | $0 reported | 1 |
People by year
2024 · 12 people listed · 1 paid, $112K · 3 employees · 25 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| IAN BALTUTIS | EXECUTIVE DI | 40 | $109,671 | $0 | $2,108 | $111,779 | 1 |
| EMIL RUNGE | EXECUTIVE DI | 40 | $0 | $0 | $0 | $0 | 1 |
| SHERYL WADDELL | BOARD CHAIR | 2 | $0 | $0 | $0 | $0 | 1 |
| ELAINE BOLLE | VICE CHAIR | 2 | $0 | $0 | $0 | $0 | 1 |
| SCOTT MAITLAND | SECRETARY/TR | 1 | $0 | $0 | $0 | $0 | 1 |
| LESLIE JUMP | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| MICHAEL LINNANE | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| FRAN WILSON | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| DANIEL SALAZAR | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| DAVID PUTNAM | DIRECTOR | 2 | $0 | $0 | $0 | $0 | 1 |
| JAN DAVIS | DIRECTOR | 2 | $0 | $0 | $0 | $0 | 1 |
| LENNON DODSON | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
2023 · 11 people listed · 2 paid, $123K · 1 employee · 20 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| TIM FLOOD | EXECUTIVE DI | 40 | $113,500 | $0 | $0 | $113,500 | 1 |
| IAN BATUTIS | EXECUTIVE DI | 40 | $9,833 | $0 | $0 | $9,833 | 1 |
| ELAINE BOLLE | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| STEVE BRANTLEY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| LENNON CIANCIULLI | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| JAN DAVIS | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| LESLIE JUMP | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| SCOTT MAITLAND | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| DAVID PUTNAM | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| DANIEL SALAZAR | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| SHERYL WADDELL | BOARD CHAIR | 1 | $0 | $0 | $0 | $0 | 1 |
2022 · 3 people listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Sheryl Waddell | Treasurer | 1 | $0 | $0 | $0 | $0 | 1 |
| Steve Brantley | Secretary | 0 | $0 | $0 | $0 | $0 | 1 |
| Dwight Bassett | Chairman | 1 | $0 | $0 | $0 | $0 | 1 |
2021 · 3 people listed · none paid · 0 employees · 15 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Laura Selmer | Treasurer | 2 | $0 | $0 | $0 | $0 | 1 |
| Steve Brantley | Secretary | 1 | $0 | $0 | $0 | $0 | 1 |
| Michelle Bolas | Chairman | 1 | $0 | $0 | $0 | $0 | 1 |
2020 · 4 people listed · none paid · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Dwight Basset | Board Member | 5 | $0 | $0 | $0 | $0 | 1 |
| Laura Selmer | Treasurer | 5 | $0 | $0 | $0 | $0 | 1 |
| Steve Brantley | Secretary | 5 | $0 | $0 | $0 | $0 | 1 |
| Michelle Bolas | Chairman | 5 | $0 | $0 | $0 | $0 | 1 |
Highest-paid independent contractors
2023 · 1 contractor · $114K
| Name | Location | Service | Paid |
|---|---|---|---|
| TIM FLOOD | GREENSBORO, NC | EXEC DIR COMP | $113,500 |
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| $278,208 | $342,598 | $298,452 | $159,706 | $274,500 | $0 | $103,448 | 3 | 25 |
| 2023 · Form 990 | ||||||||
| $342,605 | $280,131 | $231,506 | $224,096 | $349,250 | $3,000 | $107,239 | 1 | 20 |
| 2022 · Form 990 | ||||||||
| $283,736 | $320,340 | $287,234 | $161,622 | $366,465 | $37,615 | $0 | 0 | 5 |
| 2021 · Form 990 | ||||||||
| $275,579 | $282,701 | $198,226 | $198,226 | $222,000 | $53,579 | $0 | 0 | 15 |
| 2020 · Form 990 | ||||||||
| $228,695 | $229,622 | $206,348 | $205,348 | $176,808 | $51,887 | $0 | 0 | - |
Funders of this organization
2 grantors reported grants to this organization, $61,750 in all, tax years 2020 to 2023. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV
| Grantor | Type | Match | Years given | Grants | Total | Latest year | Latest year's amount | Grants |
|---|---|---|---|---|---|---|---|---|
| BILL HILLARY & CHELSEA CLINTON FOUNDATION | Public charity | Exact | 2020 | 1 | $52,000 | 2020 | $52,000 | show |
| CHARITIES AID FOUNDATION AMERICA | DAF sponsor | Exact | 2023 | 1 | $9,750 | 2023 | $9,750 | show |
Nearby + Similar BETA
Organizations like this one: what they do and who they are linked to
Same category: NTEE code and revenue
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| PIEDMONT BUSINESS CAPITAL | NC | S43 | $446,116 | $1,042,664 | Executive Director CEO | $132,440 | Same NTEE code S43, revenue within 2x, same state |
| AB COMMUNITY | NC | S43 | $415,290 | $443,990 | Executive Director | $0 | Same NTEE code S43, revenue within 2x, same state |
| HATCH AVL FOUNDATION | NC | S43 | $274,169 | $172,443 | Chair | $0 | Same NTEE code S43, revenue within 2x, same state |
| STARTUP HUTCH INC | KS | S43 | $448,635 | $291,639 | PROGRAM DIRECTOR | $86,659 | Same NTEE code S43, revenue within 2x, similar mission |
| LONE STAR STATE CAPITAL CORPORATION | TX | S43 | $214,956 | $369,449 | Vice Chairman | $0 | Same NTEE code S43, revenue within 2x |
| DREAM VENTURE LABS | MA | S43 | $456,434 | $435,414 | PRESIDENT/EXECUTIVE DIRECTOR | $17,962 | Same NTEE code S43, revenue within 2x |
| WOMEN OF COLOR ENTREPRENEURS INC | MA | S43 | $255,230 | $213,712 | EXECUTIVE DIRECTOR | $85,938 | Same NTEE code S43, revenue within 2x |
| VIVA FOUNDATION | CA | S43 | $171,988 | $130,387 | President | $0 | Same NTEE code S43, revenue within 2x |
| BOOMIN UNIVERSITY | TN | S43 | $455,664 | $704,869 | Board Member | $36,538 | Same NTEE code S43, revenue within 2x |
| LATINO FOUNDERS | OR | S43 | $271,580 | $75,634 | PRESIDENT | $0 | Same NTEE code S43, revenue within 2x |
| GROWTH FACTORY | CA | S43 | $497,298 | $385,476 | MANAGING DIRECTOR | $119,039 | Same NTEE code S43, revenue within 2x |
| CHICAGO NEW BUSINESS NFP | IL | S43 | $234,992 | $274,488 | Director of Illinois SBDC Program | $104,000 | Same NTEE code S43, revenue within 2x |
| IDEA WORKS | OH | S43 | $188,368 | $193,524 | Director | $0 | Same NTEE code S43, revenue within 2x |
| MNSBIR INC | MN | S43 | $464,536 | $441,677 | PRESIDENT AND CEO | $148,382 | Same NTEE code S43, revenue within 2x |
| WOMENS SMALL BUSINESS ACCELERATOR | OH | S43 | $298,789 | $285,263 | SECRETARY | $0 | Same NTEE code S43, revenue within 2x |
| WEV FUNDING SOLUTIONS | CA | S43 | $140,323 | $40,290 | CEO | $156,704 | Same NTEE code S43, revenue within 2x |
| DAS FOUNDATION INC | AZ | S43 | $165,770 | $175,041 | BOARD CHAIR | $0 | Same NTEE code S43, revenue within 2x |
| COHABITAT FOUNDATION | LA | S43 | $197,519 | $210,394 | EXECUTIVE DIRECTOR | $66,360 | Same NTEE code S43, revenue within 2x |
| EBHM INC | AL | S43 | $238,430 | $147,288 | DIRECTOR | $0 | Same NTEE code S43, revenue within 2x |
| LOVE 4 LIFE ASSOCIATION | CA | S43 | $191,751 | $184,199 | CEO | $48,273 | Same NTEE code S43, revenue within 2x |
| MICROENTERPRISE RESOURCES INITIATIVES & TRAINING | OR | S43 | $352,295 | $341,162 | EXECUTIVE DIRECTOR | $84,605 | Same NTEE code S43, revenue within 2x |
| WAREHOUSE BUSINESS ACCELERATOR | CO | S43 | $411,281 | $318,890 | Executive Dir. | $87,976 | Same NTEE code S43, revenue within 2x |
| TWO RIVERS CDC | WA | S43 | $144,900 | $124,959 | PRESIDENT | $61,882 | Same NTEE code S43, revenue within 2x |
| CAPITAL REGION FAMILY BUSINESSCENTER | CA | S43 | $329,687 | $321,559 | PRESIDENT | $0 | Same NTEE code S43, revenue within 2x |
| ENOVANT | CA | S43 | $151,203 | $93,464 | PRESIDENT | $0 | Same NTEE code S43, revenue within 2x |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990 · $342,598 spent · pay $130,240 · grants $0 · events $15,022
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Pay: officers, directors, trustees, key employees | $103,448 | $103,448 | - | - | 30.2% | |
| Occupancy | $70,834 | - | $70,834 | - | 20.7% | |
| Other (as described) | PROGRAM EXPENSES | $26,204 | $26,204 | - | - | 7.6% |
| Advertising and promotion | $24,631 | $24,631 | - | - | 7.2% | |
| Fees: legal | $24,451 | - | $24,451 | - | 7.1% | |
| Fees: accounting | $21,370 | - | $21,370 | - | 6.2% | |
| Fees: other services | $16,374 | $16,374 | - | - | 4.8% | |
| Other (as described) Event | EVENT MEALS | $13,022 | $13,022 | - | - | 3.8% |
| Other salaries and wages | $11,044 | $11,044 | - | - | 3.2% | |
| Payroll taxes | $8,571 | $8,571 | - | - | 2.5% | |
| Other employee benefits | $7,177 | $7,177 | - | - | 2.1% | |
| Other (as described) | SOFTWARE SUBSCRIPTIONS | $4,441 | - | $4,441 | - | 1.3% |
| Travel | $2,822 | $2,822 | - | - | 0.8% | |
| Office expenses | $2,208 | - | $2,208 | - | 0.6% | |
| Other (as described) | PARKING | $2,186 | - | $2,186 | - | 0.6% |
| Conferences, conventions and meetings | $2,000 | $2,000 | - | - | 0.6% | |
| Insurance | $1,744 | - | $1,744 | - | 0.5% | |
| All other expenses | $71 | - | $71 | - | 0.0% | |
| Total | $342,598 | 100% |
2023 · Form 990 · $280,131 spent · pay $117,550 · grants $37,500 · events $15,144
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Pay: officers, directors, trustees, key employees | $107,239 | $107,239 | - | - | 38.3% | |
| Fees: other services | $55,125 | $55,125 | - | - | 19.7% | |
| Grants to US individuals | $37,500 | $37,500 | - | - | 13.4% | |
| Occupancy | $14,690 | - | $14,690 | - | 5.2% | |
| Other (as described) Event | EVENT MEALS | $10,840 | $10,840 | - | - | 3.9% |
| Payroll taxes | $9,891 | $9,891 | - | - | 3.5% | |
| Fees: legal | $8,800 | - | $8,800 | - | 3.1% | |
| Depreciation and depletion | $7,436 | - | $7,436 | - | 2.7% | |
| Other (as described) | PROGRAM EXPENSES | $7,226 | $7,226 | - | - | 2.6% |
| Other (as described) | SOFTWARE SUBSCRIPTIONS | $4,350 | - | $4,350 | - | 1.6% |
| Conferences, conventions and meetings | $4,304 | $4,304 | - | - | 1.5% | |
| Office expenses | $3,893 | - | $3,893 | - | 1.4% | |
| Other (as described) | PARKING | $3,831 | - | $3,831 | - | 1.4% |
| Insurance | $2,839 | - | $2,839 | - | 1.0% | |
| All other expenses | $1,717 | $1,165 | $552 | - | 0.6% | |
| Other salaries and wages | $420 | $420 | - | - | 0.1% | |
| Travel | $30 | $30 | - | - | 0.0% | |
| Total | $280,131 | 100% |
2022 · Form 990 · $320,340 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other (as described) | Program Expenses | $184,785 | $184,785 | - | - | 57.7% |
| Occupancy | $80,164 | $80,164 | - | - | 25.0% | |
| Office expenses | $27,395 | - | $27,395 | - | 8.6% | |
| Fees: accounting | $10,000 | - | $10,000 | - | 3.1% | |
| Depreciation and depletion | $5,767 | $5,767 | - | - | 1.8% | |
| Other (as described) | Meals | $4,063 | $4,063 | - | - | 1.3% |
| Insurance | $3,563 | - | $3,563 | - | 1.1% | |
| Information technology | $2,986 | $1,248 | $1,738 | - | 0.9% | |
| Other (as described) | Bank charges | $1,617 | - | $1,617 | - | 0.5% |
| Total | $320,340 | 100% |
2021 · Form 990 · $282,701 spent · pay $0 · grants $7,000 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Occupancy | $116,056 | $116,056 | - | - | 41.1% | |
| Other (as described) | Programming | $110,084 | $110,084 | - | - | 38.9% |
| Depreciation and depletion | $16,332 | $16,332 | - | - | 5.8% | |
| Fees: legal | $9,600 | - | $9,600 | - | 3.4% | |
| Information technology | $8,200 | $2,949 | $5,251 | - | 2.9% | |
| Grants to US organizations and governments | $7,000 | $7,000 | - | - | 2.5% | |
| Office expenses | $6,939 | - | $6,939 | - | 2.5% | |
| Insurance | $2,954 | - | $2,954 | - | 1.0% | |
| Other (as described) | Bank charges | $2,749 | - | $2,749 | - | 1.0% |
| Other (as described) | Contract Labor | $2,024 | - | $2,024 | - | 0.7% |
| Other (as described) | Meals | $725 | - | $725 | - | 0.3% |
| Advertising and promotion | $38 | - | $38 | - | 0.0% | |
| Total | $282,701 | 100% |
2020 · Form 990 · $229,622 spent · pay $0 · grants $7,000 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Occupancy | $167,050 | $167,050 | - | - | 72.7% | |
| Depreciation and depletion | $18,694 | $18,694 | - | - | 8.1% | |
| Information technology | $10,465 | $4,988 | $5,477 | - | 4.6% | |
| Fees: legal | $9,600 | - | $9,600 | - | 4.2% | |
| Grants to US organizations and governments | $7,000 | $7,000 | - | - | 3.0% | |
| Office expenses | $5,303 | - | $5,303 | - | 2.3% | |
| Other (as described) | Bad Debt | $3,996 | $3,996 | - | - | 1.7% |
| Insurance | $2,940 | - | $2,940 | - | 1.3% | |
| Other (as described) | Contract Labor | $2,500 | - | $2,500 | - | 1.1% |
| Other (as described) | Bank charges | $1,234 | - | $1,234 | - | 0.5% |
| Other (as described) | Programming | $450 | $450 | - | - | 0.2% |
| All other expenses | $372 | - | $372 | - | 0.2% | |
| Advertising and promotion | $18 | - | $18 | - | 0.0% | |
| Total | $229,622 | 100% |
Trademarks
3 US trademarks, 0 live.
- Launch LLC 3 marks, NC FUZZY medium confidence: same name (governing-board words and legal endings aside) and state
| Mark | Serial | Filed | Status | Source |
|---|---|---|---|---|
| LITE FLIGHTS HEALTHY EATING ON-THE-GO | 77324689 | 2007-11-08 | Abandoned | TRCFECO2, file of 2024-03-27 |
| LITE FLIGHTS HEALTHY EATING ON-THE-GO | 77324683 | 2007-11-08 | Abandoned | TRCFECO2, file of 2024-03-27 |
| BODYWORK BW MODIFY YOUR STYLE | 77321122 | 2007-11-05 | Registration cancelled | TRCFECO2, file of 2024-03-27 |
The newest marks of the trademark owners above, matched to this record by name (and state).
Comments