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Aglaunch Initiative

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

EIN: 830995119 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Aglaunch Initiative?

Aglaunch Initiative is a nonprofit organization based in Memphis, Tennessee, specifically at 1319 Heistan Place, TN 38104. Their primary focus is on supporting early-stage agricultural technology companies that aim to solve sustainability issues at the farm level. This support is provided through an accelerator process, which includes various cohort-based approaches and a follow-on mentor program. The initiative's mission is to catalyze the transformation of regional agriculture and food economies. By attracting, creating, and growing agtech startups, developing new agriculture and food value-chains, and building collaborative farmer networks, Aglaunch is committed to fostering intentional inclusion in the agricultural sector. The organization currently employs a team of 11 individuals.


Official website here: www.aglaunch.com

Is Aglaunch Initiative legitimate?

Aglaunch Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aglaunch Initiative 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: $161,494
Professional Fundraising Fees: $0
Other Salaries and Wages: $851,722

For more financial information, click here


Official website here: www.aglaunch.com

What is the mission statement of Aglaunch Initiative?

The Aglaunch Initiative's mission is to catalyze the transformation of regional agriculture and food economies. They achieve this by attracting, creating, and nurturing agtech startups, facilitating the development of new agriculture and food value-chains, and building collaborative farmer networks. This is all done with a commitment to intentional inclusion. The initiative provides support for startup companies that are solving farm-level sustainability problems, working closely with farmers. This support includes various cohort-based approaches, followed by a mentor program.


Official website here: www.aglaunch.com

Who is the CEO of Aglaunch Initiative?

Peter Nelson is the Director of Aglaunch Initiative.


Official website here: www.aglaunch.com

What is the revenue of Aglaunch Initiative?

Aglaunch Initiative's revenue in 2022 was $2,583,345.


Official website here: www.aglaunch.com

Who are the executives of Aglaunch Initiative and what are their salaries?

The average compensation at Aglaunch Initiative during 2022 was $92,111. There are 11 employees at Aglaunch Initiative.

Here are 11 key members and their salaries:

    Peter A Nelson (Executive Director)
  • Compensation: $161,494
  • Related: $0
  • Other: $17,919

    • Rebecca Kaufman (Senior Director)
  • Compensation: $122,344
  • Related: $0
  • Other: $0

    • Connie Bowen (Director Innovation & Inve)
  • Compensation: $105,175
  • Related: $0
  • Other: $0

    • Jade Clark (Director Of Talent)
  • Compensation: $105,175
  • Related: $0
  • Other: $0

    • Andy Mccarroll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn Hardy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Corinne Gould (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fayre Crossley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Lavert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rhedona Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel Brown (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aglaunch.com

    Where can I find the form 990 for Aglaunch Initiative?

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


    Official website here: www.aglaunch.com

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

    Mission Statement of Aglaunch Initiative

    Aglaunch Initiative, as a nonprofit organization, is committed to catalyzing the transformation of regional agriculture and food economies. Their mission is multifaceted, encompassing three key areas. Firstly, Aglaunch attracts, creates, and grows agtech startups that tackle farm-level sustainability challenges, working closely with farmers. Secondly, they facilitate the development of new agriculture and food value-chains, striving to create a collaborative network of farmers. Lastly, Aglaunch is dedicated to intentional inclusion in its initiatives, ensuring that diverse voices and perspectives are represented. Their accelerator processes provide support to these startup companies through several cohort-based approaches, followed by a mentor program.

    Impact

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




    Saturday, July 20, 2024

    AgLaunch Initiative is making a significant impact by catalyzing the transformation of regional agriculture and food economies. Through its accelerator processes, it provides vital support for startup companies that are addressing farm-level sustainability challenges in collaboration with farmers. By employing cohort-based approaches and offering mentorship programs, AgLaunch Initiative fosters the growth and development of innovative solutions in the agricultural sector. Based in Memphis, TN, AgLaunch Initiative's mission is to attract, create, and nurture agtech startups, promote the establishment of new agriculture and food value-chains, and establish collaborative networks among farmers, all while prioritizing intentional inclusion. Through these efforts, AgLaunch Initiative is actively contributing to community improvement and driving positive change in the agricultural industry.





    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: $397
  • Program Service Revenue: $0
  • Gross Receipts: $2,583,345

    • Assets and Liabilities:
  • Total Assets: $1,697,532
  • Total Liabilities: $1,117,477
  • Net Assets: $580,055
  • Organization Details

    Founding Year

    2018

    Principal Officer

    Peter Nelson

    Main Address

    1319 HEISTAN PLACE, MEMPHIS, TN, 38104

    NTEE Category

    Code: S30 - Community improvement

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