EIN 94-2548556

Main Street Launch

IRS 501(c) type
501(c)(3)
Num. employees
25
Year formed
1979
Most recent tax filings
2022-06-01
Description
Main Street Launch's mission is to create economic opportunity by empowering entrepreneurs. Through innovative partnerships they provide business owners with capital, education, and relationships that allow them to flourish.
Also known as...
Obdc Small Business Finance
Total revenues
$10,030,416
2022
Total expenses
$10,076,153
2022
Total assets
$30,976,803
2022
Num. employees
25
2022

Program areas at Main Street Launch

PROGRAM ACCOMPLISHMENTOur collaborative approach helps our clients create jobs and stimulate economic development in low-to-moderate income communities. The organization provided technical assistance to small business owners, originates business loans and grants, and works with local, state, and Federal government agencies to drive economic development results in low to moderate income areas and for low-to-moderate income business owners. Main Street Launch is certified by the United States Treasury Department as a Community Development Financial Institution (CDFI) and has delegated authority from the Small Business Administration as an SBA Community Advantage lender.

Who funds Main Street Launch

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
San Francisco Foundation (TSFF)Program - Main Street Launch Will Use This Grant To Provide San Francisco African American Revolving Loan Fund Loan Recipients With Full Debt Relief, and Redeploy New and Recaptured Loan Funds To Support New Borrowers.$2,500,000
Eba FundGeneral Support$29,713
Tides FoundationEquity, Human Rights, and Economic Empowerment$25,000
...and 2 more grants received

Personnel at Main Street Launch

NameTitleCompensation
Jacob SingerPresident and Chief Executive Officer$345,600
Scott LewisChief Financial Officer$163,752
Joyce WindrossExecutive Vice President Operations$343,704
Darius MahajerSenior Vice President Marketing Manager$201,519
Jen LeybovichExecutive Vice President Strategy and Development$257,146
...and 2 more key personnel

Financials for Main Street Launch

RevenuesFYE 06/2022
Total grants, contributions, etc.$7,644,356
Program services$1,000,137
Investment income and dividends$613,992
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$771,931
Total revenues$10,030,416

Form 990s for Main Street Launch

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-09990View PDF
2021-062022-07-11990View PDF
2020-062021-09-23990View PDF
2019-062020-09-23990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s
Data update history
December 23, 2023
Received grants
Identified 4 new grant, including a grant for $2,500,000 from San Francisco Foundation (TSFF)
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $150,000 from Opportunity Finance Network (OFN)
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
September 8, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
Business and industry
Characteristics
Receives government fundingTax deductible donations
General information
Address
2101 Webster St 1200
Oakland, CA 94612
Metro area
San Francisco-Oakland-Berkeley, CA
County
Alameda County, CA
Website URL
mainstreetlaunch.org/ 
Phone
(510) 763-4297
Facebook page
mainstlaunch 
Twitter profile
@mainstlaunch 
IRS details
EIN
94-2548556
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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