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Nonprofit · EIN 45-3980649

LAUNCH NEW YORK INC

Tax-exempt · BUFFALO, NY 14203

Financials

$3.1M$1.9M2021$3.8M$2.7M2023$3.7M$2.7M2024$3.8M$2.5M2025
Revenue Expenses · by fiscal year end
Financials of LAUNCH NEW YORK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,836,515$2,492,056$1,344,459$13,278,536$1,004,094$12,274,442
December 31, 2024990$3,660,726$2,725,457$935,269$12,283,767$1,303,784$10,979,983
December 31, 2023990$3,799,599$2,745,055$1,054,544$11,956,487$1,961,765$9,994,722
December 31, 2021990$3,066,885$1,932,980$1,133,905$7,715,825$1,022,610$6,693,215
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,489,914
of which government grants
$896,088
Program service revenue
$934,081
Investment income
$403,063
Other revenue
$9,457

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$350,000
Other salaries and wages
$531,141
Salaries, compensation and benefits (total)
$1,052,947
Professional fundraising fees
$0
Legal fees
$119,151
Accounting fees
$60,916
Occupancy
$17,112
Travel
$43,989
Program services (functional)
$2,174,498
Management and general (functional)
$175,435
Fundraising (functional)
$142,123

Balance sheet and other

Total assets, start of year
$12,283,767
Total assets, end of year
$13,278,536
Total liabilities, end of year
$1,004,094
Net assets, end of year
$12,274,442
Net assets without donor restrictions
$12,274,442
Gross receipts
$3,836,515
Employees
13
Volunteers
9
Year formed
2011
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Marion LaVigneCEO/President/Secretary
Officer
40$275,000$11,000
SCOTT TERHAARFINANCE DIRECTOR
Officer
20$75,000$3,000
George ChamounBOARD MEMBER/Chairperson
Trustee or director, Officer
1$0$0
Maggie DornBOARD MEMBER (TO 3/24/26)
Trustee or director
1$0$0
Zachary SchulmanBOARD MEMBER
Trustee or director
1$0$0
MEL PASSARELLIBOARD MEMBER/vice Chairperson
Trustee or director, Officer
1$0$0
MELODIE BAKERBOARD MEMBER
Trustee or director
1$0$0
THOMAS LYNCHBOARD MEMBER
Trustee or director
1$0$0
QUINCY ALLENBOARD MEMBER
Trustee or director
1$0$0
EKUA MENDS-AIDOOBOARD MEMBER
Trustee or director
1$0$0
DAVID NASCABOARD MEMBER
Trustee or director
1$0$0
Michael deFreitasAssistant Secretary
Officer
1$0$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
MARION LAVIGNECEO/PRESIDENT/SECRETARY
Officer
40$250,000$15,150
SCOTT TERHAARCOO/TREASURER
Officer
20$75,000$3,000
GEORGE CHAMOUNBOARD MEMBER/CHAIRPERSON
Trustee or director, Officer
1$0$0
MAGGIE DORNBOARD MEMBER
Trustee or director
1$0$0
ZACHARY SCHULMANBOARD MEMBER
Trustee or director
1$0$0
MEL PASSARELLIBOARD MEMBER/VICE CHAIRPERSON
Trustee or director, Officer
1$0$0
MELODIE BAKERBOARD MEMBER
Trustee or director
1$0$0
THOMAS LYNCHBOARD MEMBER
Trustee or director
1$0$0
QUINCY ALLENBOARD MEMBER
Trustee or director
1$0$0
MICHAEL DEFREITASASSISTANT SECRETARY
Officer
1$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
MARION LAVIGNECEO/PRESIDENT/SECRETARY
Officer
40$250,000$16,350
SCOTT TERHAARCOO/TREASURER
Officer
20$75,000$3,000
GEORGE CHAMOUNBOARD MEMBER/CHAIRPERSON
Trustee or director, Officer
1$0$0
MAGGIE DORNBOARD MEMBER
Trustee or director
1$0$0
ZACHARY SCHULMANBOARD MEMBER
Trustee or director
1$0$0
MEL PASSARELLIBOARD MEMBER/VICE CHAIRPER
Trustee or director, Officer
1$0$0
MELODIE BAKERBOARD MEMBER
Trustee or director
1$0$0
THOMAS LYNCHBOARD MEMBER
Trustee or director
1$0$0
QUINCY ALLENBOARD MEMBER
Trustee or director
1$0$0
JENNIFER BECKAGEBOARD MEMBER (TO JAN, 2023)
Trustee or director
1$0$0
MICHAEL DEFREITASASSISTANT SECRETARY
Officer
1$0$0
990 for the year ended December 31, 2021: 12 people
NameTitleHours / weekCompensationOther / benefits
MARION LAVIGNECEO/PRESIDENT/SECRETARY
Officer
40$250,000$8,000
SCOTT TERHAARCOO/TREASURER
Officer
40$117,050$5,425
GEORGE CHAMOUNBOARD MEMBER/CHAIRPERSON
Trustee or director, Officer
1$0$0
JORDAN LEVYBOARD MEMBER/VICE CHAIRPERSON
Trustee or director, Officer
1$0$0
MAGGIE DORNBOARD MEMBER
Trustee or director
1$0$0
ZACHARY SCHULMANBOARD MEMBER
Trustee or director
1$0$0
JENNIFER BECKAGEBOARD MEMBER
Trustee or director
1$0$0
MEL PASSARELLIBOARD MEMBER
Trustee or director
1$0$0
MELODIE BAKERBOARD MEMBER
Trustee or director
1$0$0
THOMAS LYNCHBOARD MEMBER
Trustee or director
1$0$0
QUINCY ALLENBOARD MEMBER (EFFECTIVE 1/8/2021)
Trustee or director
1$0$0
MICHAEL DEFREITASASSISTANT SECRETARY
Officer
1$0$0

Address and contacts

Address (IRS master file)
77 GOODELL ST STE 201, BUFFALO, NY 14203-1243
In care of
% THE ORGANIZATION
Principal officer (990 for 2025)
MARION LAVIGNE, 77 Goodell Street201, Buffalo, NY 14203
Signed the 990
MARION LAVIGNE PHD, CEO
Phone
(716) 200-0961
Return prepared by
WITHUM SMITH BROWN PC

Mission

THE ORGANIZATION'S OBJECTIVE IS TO IDENTIFY, SUPPORT AND INVEST IN HIGH-GROWTH, HIGH-IMPACT COMPANIES THAT CAN TRANSFORM THE LOCAL ECONOMY AND CATALYZE THE ENTREPRENEURIAL CULTURE ACROSS UPSTATE NEW YORK BY PROVIDING PRO-BONO MENTORSHIP AND CAPITAL ACCESS PROGRAMS & SERVICES TO ENTREPRENEURS WITH A PARTICULAR GOAL OF HELPING SCALABLE STARTUPS POSITION THEMSELVES TO RECEIVE PROFESSIONAL EQUITY INVESTMENTS FROM LAUNCH NY AND ANGEL, SEED-STAGE, AND VENTURE CAPITAL INVESTORS.

990 for the year ended December 31, 2025

Program accomplishments

  • THE REGIONAL ENTREPRENEURSHIP ACTION PLAN IMPLEMENTATION PROGRAM: BECOME INVESTABLE AND SUCCESSFUL. LAUNCH NY CONNECTS ENTREPRENEURS TO RESOURCES AND FUNDING BOTH WITHIN THE UPSTATE NY ECOSYSTEM AND BEYOND. SINCE THE BEGINNING OF 2012, LAUNCH NY HAS SERVED 1,913 COMPANIES AND IN 2025, LAUNCH NY SERVED 397 CLIENTS. BY THE END OF FISCAL YEAR 2025, LAUNCH NY COMPLETED 20 TRANSACTIONS FOR A TOTAL OF $1,195,000.
    Expenses $2,174,498 · revenue $943,538

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-3980649
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,278,536
Income (IRS master file)
$3,836,515

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,836,515$2,492,056$13,278,536XML
990December 2024$3,660,726$2,725,457$12,283,767XML
990December 2023$3,799,599$2,745,055$11,956,487XML
990December 2022$4,319,958$2,373,617$9,625,094IRS
990December 2021$3,066,885$1,932,980$7,715,825XML
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3980649).

Questions about LAUNCH NEW YORK INC

What is the EIN of LAUNCH NEW YORK INC?
The employer identification number (EIN) of LAUNCH NEW YORK INC is 45-3980649.
Is LAUNCH NEW YORK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to LAUNCH NEW YORK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAUNCH NEW YORK INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LAUNCH NEW YORK INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAUNCH NEW YORK INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LAUNCH NEW YORK INC?
The 990 for the year ended December 31, 2025 names MARION LAVIGNE.
Who are the officers and directors of LAUNCH NEW YORK INC?
The 990 for the year ended December 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $275,000 (Marion LaVigne, CEO/President/Secretary).
How much revenue does LAUNCH NEW YORK INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,836,515, expenses of $2,492,056 and total assets of $13,278,536 at year end.

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