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Launch Alaska

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

EIN: 474899425 ✦ Anchorage, AK ✦ Designated as a 501(c)(3)

Overview

What is Launch Alaska?

Launch Alaska is a 501(c)(3) nonprofit organization situated in Alaska. Their primary objective is to foster innovation and entrepreneurship within the state, particularly by addressing complex issues. They achieve this by uniting entrepreneurs, military personnel, utility operators, researchers, and thought leaders, all working towards a shared vision of a thriving and dynamic Alaska. Launch Alaska offers valuable assistance to tech startups, providing them with essential resources such as training, mentorship, guidance, and networking opportunities. Furthermore, they assist companies in identifying potential growth avenues.


Official website here: www.launchalaska.com

Is Launch Alaska legitimate?

Launch Alaska is a legitimate nonprofit organization registered as a 501(c)(3) entity. Launch Alaska 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: $655,288
Professional Fundraising Fees: $0
Other Salaries and Wages: $537,078

For more financial information, click here


Official website here: www.launchalaska.com

What is the mission statement of Launch Alaska?

Launch Alaska, as a 501(c)(3) organization, strives to foster a thriving innovation and entrepreneurial ecosystem. It achieves this by bringing together various stakeholders, including entrepreneurs, military personnel, utility operators, researchers, and thought leaders. Their shared goal is to transform Alaska into a hub for technological advancements and business growth. Launch Alaska supports tech startups by offering training, mentorship, advice, and networking opportunities. Furthermore, it assists companies in identifying potential growth areas, contributing to the overall growth and development of the region.


Official website here: www.launchalaska.com

Who is the CEO of Launch Alaska?

Isaac Vanderburg is the Vice President, Ceo of Launch Alaska. The CEO's salary of Launch Alaska is $139,777 and their total compensation is $166,774.


Official website here: www.launchalaska.com

What is the revenue of Launch Alaska?

Launch Alaska's revenue in 2022 was $1,975,549.


Official website here: www.launchalaska.com

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

The average compensation at Launch Alaska during 2022 was $132,485. There are 9 employees and 9 volunteers at Launch Alaska.

Here are 14 key members and their salaries (Launch Alaska's CEO's salary is $139,777 and their total compensation is $166,774):

    Isaac Vanderburg (Vice President, Ceo) [Trustee/Director]
  • Compensation: $139,777
  • Related: $0
  • Other: $26,997

    • Rob Roys (Chief Innovation Officer)
  • Compensation: $139,132
  • Related: $0
  • Other: $4,400

    • Brij Hall-Potnis (Deployment Lead)
  • Compensation: $139,497
  • Related: $0
  • Other: $0

    • Frances Ball (Chief Operations Officer)
  • Compensation: $112,187
  • Related: $0
  • Other: $20,357

    • Pam Kauveiyakul (Chief Partnerships Officer)
  • Compensation: $63,502
  • Related: $0
  • Other: $3,284

    • Penny Gage (Managing Director)
  • Compensation: $43,172
  • Related: $0
  • Other: $8,449

    • Mary Miner (Board President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad Estes (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Mitchell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Rodell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Bourdukofsky (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Jacobsen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Hsieh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dane Boysen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.launchalaska.com

    Where can I find the form 990 for Launch Alaska?

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


    Official website here: www.launchalaska.com

    Learn more at the official website: www.launchalaska.com

    Mission Statement of Launch Alaska

    Launch Alaska, a 501(c)(3) organization, is dedicated to fostering innovation and entrepreneurship in Alaska. Its mission is to catalyze a resource revolution by convening various stakeholders such as entrepreneurs, military personnel, utility operators, researchers, and thought leaders. These individuals collaborate towards a common vision of transforming Alaska into a vibrant hub for innovation and enterprise.

    Launch Alaska offers support to tech startups that tackle challenging issues within Alaska. It provides these fledgling companies with essential resources, including training, mentorship, advice, and networking opportunities. By doing so, Launch Alaska aims to empower these startups to grow and make significant contributions to Alaska's economy and society. Additionally, the organization assists established companies in identifying and capitalizing on opportunities for expansion and development.

    Impact

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




    Saturday, July 20, 2024

    Launch Alaska's impact can be seen in its successful acceleration of the resource revolution in Alaska. By bringing together entrepreneurs, members of the military, utility operators, researchers, and thought leaders, Launch Alaska is fostering a culture of innovation and entrepreneurship in the state. Through its support of tech startups that tackle challenging problems specific to Alaska, Launch Alaska is not only helping these companies grow but also contributing to the overall economic development of the region. Additionally, by providing training, mentorship, advice, and networking opportunities, Launch Alaska is empowering these startups to thrive and make a meaningful impact in their communities.





    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: $211,131
  • Gross Receipts: $1,975,549

    • Assets and Liabilities:
  • Total Assets: $119,878
  • Total Liabilities: $491,993
  • Net Assets: -$372,115
  • Programs

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

    CONTRACT REVENUE

    Revenue

    $211,131

    Organization Details

    Principal Officer

    Isaac Vanderburg

    Main Address

    721 Depot Drive, Anchorage, AK, 99501

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of Launch Alaska 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.