Launch Inc.

Fiscal year ending 2025. Filed on December 11, 2025.

136 East Rosemary Street Suite 100
Chapel Hill, North Carolina 27514

Launch Inc. (EIN: 83-2564017) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2025 IRS Form 990 filing, Launch Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 3 total employees. Among the employees shown here, the average compensation is $111,779. The highest compensated employee at Launch Inc. is Ian Baltutis with fiscal year 2025 compensation of $111,779.

Revenue, expenses, and employee compensation

Revenue

$278,208

Expenses

$342,598

Employee compensation

$130,240

Reported Compensated Employees

Ian Baltutis

Executive Director

$111,779

$109,671 from orgNo related comp$2,108 other

Emil Runge

Executive Director

Non-Employee Board Members

Secretary and Treasurer

Sheryl Waddell

Board Chair

Mission Statement

LAUNCH INC WAS FOUNDED TO PROVIDE CO-WORKING SPACE AND RESOURCES FOR BUSINESSES IN ORANGE COUNTY. WITH THE SUPPORT OF OUR PARTNERS, LAUNCH SEEKS TO MAXIMIZE THE POTENTIAL OF START-UPS AND CREATE JOBS IN ORANGE COUNTY THROUGH THE LAUNCH PROGRAM.