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Launch Ministry

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264579522 ✦ Chaska, MN ✦ Designated as a 501(c)(3)

Overview

What is Launch Ministry?

Launch Ministry, based in Chaska, Minnesota, is a nonprofit organization dedicated to assisting homeless youth and young adults. Their primary mission is to offer a safe, welcoming environment where these individuals can access immediate necessities such as food, clothing, and personal care supplies. Beyond short-term aid, Launch Ministry provides long-term support, including housing assistance, life skills education, employment guidance, and mentoring programs. This holistic approach aims to empower young adults in crisis, helping them navigate complex systems and build a pathway towards a stable adulthood. The organization served 174 participants in 2022, demonstrating its commitment to making a positive impact in the community.


Official website here: www.launchministry.org

Is Launch Ministry legitimate?

Launch Ministry is a legitimate nonprofit organization registered as a 501(c)(3) entity. Launch Ministry submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $139,744
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,398

For more financial information, click here


Official website here: www.launchministry.org

What is the mission statement of Launch Ministry?

Launch Ministry's mission is to establish a secure environment for young adults who are unstably housed or in crisis. Their primary objective is to equip these individuals with necessary tools, resources, and support to navigate their journey towards adulthood, ultimately leading to successful transitions. This is achieved through fostering relationships, instilling trust, and advocating for these young adults as they navigate the intricate systems and agencies they need to engage with to achieve their goals.


Official website here: www.launchministry.org

Who is the CEO of Launch Ministry?

Sara Ross is the Treasurer of Launch Ministry.


Official website here: www.launchministry.org

What is the revenue of Launch Ministry?

Launch Ministry's revenue in 2022 was $761,080.


Official website here: www.launchministry.org

Who are the executives of Launch Ministry and what are their salaries?

The average compensation at Launch Ministry during 2022 was $17,508. There are 18 employees and 50 volunteers at Launch Ministry.

Here are 9 key members and their salaries:

    Amanda Peterson (Program Dir)
  • Compensation: $76,455
  • Related: $0
  • Other: $0

    • Corey Magstadt (Executive Dir.)
  • Compensation: $63,289
  • Related: $0
  • Other: $0

    • Amanda Bloomgren (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Ross (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jared Brewington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Garver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Maus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rose Mingo-Holtz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzie Ray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.launchministry.org

    Where can I find the form 990 for Launch Ministry?

    The Launch Ministry’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.launchministry.org

    Learn more at the official website: www.launchministry.org

    Mission Statement of Launch Ministry

    Launch Ministry, a nonprofit organization, is dedicated to providing a safe sanctuary for unstably housed and crisis-stricken young adults. Their mission is to equip these individuals with the necessary tools, resources, and support needed for a successful transition into adulthood, thereby fostering life-saving outcomes. The organization accomplishes this by fostering relationships and trust, as well as advocating for and guiding young adults in navigating the intricate web of agencies and systems they must interact with to achieve their goals. By focusing on these aspects, Launch Ministry aims to empower these young adults, helping them overcome their current challenges and build a secure future.

    Impact

    This information is meant to be a general summary of Launch Ministry. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Launch Ministry has a significant impact on the lives of unstably housed and in-crisis young adults in the Chaska, MN area. They provide a safe space and empower these individuals with the tools, resources, and support needed to transition successfully towards adulthood, enabling life-saving outcomes. Through their Homeless Youth Drop-In Center, Launch Ministry offers immediate needs resources such as personal care supplies, food, clothing, hot meals, blankets, and pillows. They also provide long-term housing assistance, support groups, life skills education, employment support, and access to mentoring programs. In 2022, Launch Ministry served 174 participants through their programs, making a tangible difference in the lives of vulnerable young adults.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $468,516
  • Gross Receipts: $761,080

    • Assets and Liabilities:
  • Total Assets: $302,475
  • Total Liabilities: $125,287
  • Net Assets: $177,188
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Emergency Shelter

    Revenue

    $196,447

    Housing Stabilization

    Revenue

    $7,139

    Housing Support

    Revenue

    $263,155

    Participant payments

    Revenue

    $1,775

    Organization Details

    Founding Year

    2009

    Principal Officer

    Sara Ross

    Main Address

    110 W 2nd St, Chaska, MN, 55318

    NTEE Category

    Code: O50 - Youth development

    If you are a representative of Launch Ministry and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.