2025-03-31T20:50:17-04:00 2023-12-31 990 2023-01-01 464298353 LaunchLKN Inc % Bob Guth LAUN 9803222060 PO Box 1856 Davidson NC 28036 Bob Guth Board Chairman 2025-04-01 2023 2025-03-06 01:10:19Z LaunchCLT Bob Guth PO Box 1856 Davidson NC 28036 266380 false X www.launchclt.org X 2018 NC Entrepreneurial catalyst for the greater Charlotte NC area focused on mentoring early stage start-ups and founders 11 11 0 125 0 0 141167 69167 0 1475 0 70528 0 125210 141167 266380 0 0 0 0 102851 90750 0 0 0 36185 76027 139036 166777 2131 99603 52785 155196 0 0 52785 155196 LaunchCLT connects founders and mentors to catalyze a viable sustainable entrepreneurial ecosystem in the greater Charlotte region of North Carolina. Our mission is to support the formation and growth of commercial and non-profit entrepreneurial ventures a serving national and or international markets and b whose founders live and or work in the greater Charlotte region. false false 25291 0 0 Mentorship Program: Our flagship effort connects founders with mentors and provides the most value to our partners. Full mentor meetings take place once a month. Specific mentor entrepreneur meetings occur throughout the month. New ventures are connected with mentors on an ongoing basis. The Engagement Officer and Assistant manage communication and organization. 13873 0 0 Networking Socials: Our quarterly social meetings with mentors and founders provide opportunities for mentoring and community connection. 11647 0 1475 Co.Starters: Our cohort-based program for founders early in development. Facilitators lead sessions equipping aspiring entrepreneurs with the insights relationships and tools needed to create develop fine-tune and launch their ideas. 0 0 0 50811 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false 0 false false false false false false false false false false 11 11 true false true false false false false true true false false true false false false false false false X Erica Madden 9803222060 PO Box 1856 Davidson NC 28036 Erica Madden Chief Engagement Officer 20.00 0.00 X 0 0 90750 Bob Guth Board Chairman and Treasurer 10.00 0.00 X 0 0 0 Mark McDowell Board Member and Founder 10.00 0.00 X 0 0 0 Chris Boggiano Board Member and Founder 0.00 0.00 X 0 0 0 Anjali Shah Board Member 1.00 0.00 X 0 0 0 Mark Mahoney Board Member 0.00 0.00 X 0 0 0 Cindy Praeger Board Member 1.00 0.00 X 0 0 0 Don Rainey Board Member 2.00 0.00 X 0 0 0 Liz Brigham Board Member 1.00 0.00 X 0 0 0 Kevin Mahl Board Member 1.00 0.00 X 0 0 0 David L Howard Board Member 1.00 0.00 X 0 0 0 Ashley Gautreaux Board Member 1.00 0.00 X 0 0 0 Ed Gorman Board Member and Secretary 4.00 0.00 X 0 0 0 Dana Hicks Board Member 1.00 0.00 X 0 0 0 0 0 90750 0 false false false 0 0 0 0 0 69167 0 69167 Entrepreneurship Program 611430 1475 1475 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1475 8 0 0 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 70520 0 0 0 70520 70520 0 0 70520 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Investment Management Fees 523930 125210 0 0 125210 0 0 0 0 0 0 0 0 0 0 0 0 125210 266380 1475 0 195738 0 0 0 0 0 0 0 0 90750 0 90750 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 547 0 547 0 0 0 0 0 0 0 319 0 319 0 36850 16500 20350 0 500 500 0 0 2259 0 2259 0 6910 5264 1646 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Program event expenses 28547 28547 0 0 Bank charges and processing fees 95 0 95 0 0 0 0 0 0 0 0 0 0 0 0 0 166777 50811 115966 0 0 0 0 0 52785 155196 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 52785 155196 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 52785 155196 52785 155196 52785 155196 99603 0 0 0 453 2355 X false false false X 76250 71250 76667 141167 69167 434501 0 0 0 0 1475 1475 0 0 0 0 125210 125210 0 0 0 0 0 0 0 0 0 0 0 0 76250 71250 76667 141167 195852 561186 0 0 0 0 50000 50000 0 0 0 0 120210 120210 0 0 0 0 170210 170210 390976 348 187 9 0 8 552 0 0 0 0 0 0 348 187 9 0 8 552 0 0 0 0 0 0 0 0 0 0 0 0 76598 71437 76676 141167 195860 561738 0.696 0.9980 0.001 0.0020 X Part III - Line 12 | Year:, Amount:, Description:| 2019, , | 2020, | 2021, | 2022, | 2023, | RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Part VI, Line 2 Board Members Mark McDowell Don Rainey Ashley Gautreaux - business relationships Part VI, Line 4 The Organization amended its bylaws effective July 10 2023 to change its doing business as name to LaunchCLT and to expand the geographic area of its mission to the greater Charlotte NC region. Part VI, Line 11b The Organizations voting board members are provided a complete copy of Form 990 for review prior to filing. Part VI, Line 19 Copies of these documents are available upon request. Part IX, Line 11g Other services: program administration $19,579. Other services: entrepreneur in residence $16,500. Other services: misc consulting $771. Part XI, Line 9 | Description:, Explanation:, Amount:| Distributions in excess of partnership income, Investment in Partnership, $2355| Charlotte Fund I GP LLC 2101 Beverly Drive Charlotte NC 28207 883270030 GP for investment fund NC N/A Investment 69572 10 false 0 false 1 Charlotte Fund I LP 2101 Beverly Drive Charlotte NC 28207 883269813 Investment fund NC Charlotte Fund I GP LLC Investment 956 10863 false 0 false 0 false false false false false false false false false false false false false false false false false false false