Lean Rocket Lab

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

EIN: 830792165 ✦ Jackson, MI ✦ Designated as a 501(c)(3)

Overview

What is Lean Rocket Lab?

Lean Rocket Lab, based in Jackson, Michigan, is a dynamic nonprofit organization dedicated to fostering innovation. It offers a collaborative workspace teeming with energetic entrepreneurs, providing them with advanced educational programs, valuable business resources, and access to various stages of capital. This supportive environment empowers businesses and products to launch and prosper. The organization's mission is to eliminate common barriers to innovation, thereby contributing to the success and growth of the entrepreneurial community. With a small team of five individuals, Lean Rocket Lab is committed to nurturing and nurturing the next generation of innovative ideas and ventures.


Official website here: www.leanrocketlab.org

Is Lean Rocket Lab legitimate?

Lean Rocket Lab is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lean Rocket Lab 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: $244,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,211

For more financial information, click here


Official website here: www.leanrocketlab.org

What is the mission statement of Lean Rocket Lab?

Lean Rocket Lab, an innovative hub, aims to remove common obstacles to creativity by offering a collaborative workspace filled with energetic entrepreneurs. The lab provides advanced educational programming, useful business resources, and access to various stages of capital, enabling businesses and products to launch and prosper. By fostering an environment of collaboration, Lean Rocket Lab aims to empower businesses to overcome barriers and thrive in their respective industries.


Official website here: www.leanrocketlab.org

Who is the CEO of Lean Rocket Lab?

Brandon Marken is the President/Ce of Lean Rocket Lab.


Official website here: www.leanrocketlab.org

What is the revenue of Lean Rocket Lab?

Lean Rocket Lab's revenue in 2022 was $798,315.


Official website here: www.leanrocketlab.org

Who are the executives of Lean Rocket Lab and what are their salaries?

The average compensation at Lean Rocket Lab during 2022 was $68,842. There are 5 employees at Lean Rocket Lab.

Here are 9 key members and their salaries:

    Brandon Marken (President/Ce) [Trustee/Director]
  • Compensation: $122,000
  • Related: $0
  • Other: $0

    • Ken Seneff (Vp/Secretary) [Trustee/Director]
  • Compensation: $122,000
  • Related: $0
  • Other: $0

    • Jennifer Rivera (Treasurer) [Trustee/Director]
  • Compensation: $9,000
  • Related: $0
  • Other: $0

    • Nadia Abunasser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Hilbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexandra Masten (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Rick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Shirkey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.leanrocketlab.org

    Where can I find the form 990 for Lean Rocket Lab?

    The Lean Rocket Lab’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.leanrocketlab.org

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

    Mission Statement of Lean Rocket Lab

    Lean Rocket Lab, a dynamic organization, is dedicated to breaking down the common obstacles that hinder innovation. They accomplish this by offering a collaborative workspace teeming with energetic entrepreneurs, advanced educational programs, valuable business resources, and access to various stages of capital. This environment allows businesses and products to launch and prosper. By providing this comprehensive support system, Lean Rocket Lab empowers innovators to overcome challenges and thrive in their ventures.

    Impact

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




    Saturday, July 20, 2024

    Lean Rocket Lab's impact lies in its ability to remove common barriers to innovation by providing a collaborative workspace filled with high-energy entrepreneurs, advanced educational programming, valuable business resources, and access to various stages of capital. This creates an environment where businesses and products can launch and thrive, contributing to the growth and success of the entrepreneurial community in Jackson, MI. The organization's commitment to fostering innovation and supporting local entrepreneurs plays a vital role in driving economic development and community improvement in the region.





    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: $127,175
  • Gross Receipts: $798,315

    • Assets and Liabilities:
  • Total Assets: $478,350
  • Total Liabilities: $111,678
  • Net Assets: $366,672
  • Programs

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

    CO-WORKING MEMBERSHIPS

    Revenue

    $88,706

    OTHER PROGRAM REVENUE

    Revenue

    $25,000

    INCUBATOR SERVICES

    Revenue

    $13,469

    Organization Details

    Founding Year

    2018

    Principal Officer

    Brandon Marken

    Main Address

    133 W MICHIGAN AVE, JACKSON, MI, 49201

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Lean Rocket Lab 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.