NonprofitsMain Street Launch

Community Improvement & Capacity Building

Main Street Launch

OAKLAND, CA

Total revenue

$5.3M

Total expenses

$8.4M

Net assets

$10.4M

Grants received

$7.9M

27 grants

EIN

942548556

Tax year

2023

Mission

Our mission is to create economic opportunity by empowering entrepreneurs. Through innovative partnerships we provide business owners with capital education and relationships that allow them to flourish. Our collaborative approach helps our clients create jobs and stimulates economic development in low-to-moderate income communities.

Financials

FY 2023

Revenue

Contributions & grants$3.4M
Program service revenue$1.3M
Investment income$554K
Other revenue$273
Total revenue$5.3M

Expenses

Grants paid
Salaries & benefits$4.1M
Fundraising
Other expenses$4.3M
Total expenses$8.4M
Total assets$24.4M
Net assets$10.4M

People

14 listed

NameRoleCompensation

Matt Ching

Director

Board

$5K

0.5 hrs/wk

Rohan Kalbag

Director

Board

$5K

1.25 hrs/wk

Wendell Jones II

Chairperson

Board

$5K

1.25 hrs/wk

Jim Wong

Director

Board

$5K

0.5 hrs/wk

Arthur Washington

Director

Board

$5K

0.5 hrs/wk

MARK LINDQUIST

Secretary

Board

$4K

1.25 hrs/wk

Eric Nelson

Director

Board

$4K

0.5 hrs/wk

Stephanie Jones

Treasurer

Board

$4K

0.5 hrs/wk

LaSandra Hunt

Director

Board

$4K

0.5 hrs/wk

Joyce Windross

EVP Operations

Staff

$392K

40 hrs/wk

Jacob Singer

Pres & CEO

Staff

$386K

40 hrs/wk

Jen Verne

EVP/ CFO

Staff

$333K

40 hrs/wk

Karla DeLeon

Employee

Staff

$228K

40 hrs/wk

Darius Mahajer

SVP Marketing Mgr

Staff

$196K

40 hrs/wk

Independent contractors

Amtrino Technologies

Technology

$214K

Net At Work Inc

Technology

$145K

Techsperience

technology

$101K

Grants received

Showing 27 of 27

FromAmountPurposeYear
$1.2M
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$75K
PROJECT SUPPORT TO ACCELERATE THE PACE AT WHICH CDFIS ADOPT COMMUNITY DEVELOPMENT CLIMATE FINANCE PRODUCTS AND PROGRAMS.
2024
$75K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2023
$30K
GENERAL OPERATING
2023
$20K
SMALL BUSINESS ED AND ENTREPRENEUR RESOURCES
2023
$15K
GENERAL SUPPORT
2023
$207K
GENERAL SUPPORT
2022
$25K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$25K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$5K
AFRICAN AMERICAN SMALL BUSINESS REVOLVING LOAN FUND
2022
$2.5M
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.
2021
$150K
OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG
2021
$30K
GENERAL SUPPORT
2021
$5K
AFRICAN AMERICAN SMALL BUSINESS REVOLVING LOAN FUND
2021
$520K
ADVISED - FOR THE AFRICAN AMERICAN SMALL BUSINESS REVOLVING LOAN FUND. ADVISED - COLLABORATION WITH THE CITY AND COUNTY OF SAN FRANCISCO TO IMPLEMENT ASPECTS OF LENDING PROGRAM WITH A FOCUS ON AFRICAN AMERICAN BUSINESSES IN RESPONSE TO THE COVID-19 CRISIS.
2020
$350K
COVID-19 RELIEF AND RECOVERY LOAN PROGRAM
2020
$100K
EQUALITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2020
$75K
COVID-19 Operating Grant
2020
$10K
To support the African American Entrepreneurship Institute
2020
$3K
SUPPORT FOR THE AFRICAN AMERICAN SMALL BUSINESS REVOLVING LOAN FUND
2020
$1.5M
COLLABORATION WITH THE CITY AND COUNTY OF SAN FRANCISCO TO IMPLEMENT ASPECTS OF LENDING PROGRAM WITH A FOCUS ON AFRICAN AMERICAN BUSINESSES IN RESPONSE TO THE COVID-19 CRISIS.
2019
$502K
OPERATIONS
2019
$100K
PROGRAM/OPERATING SUPPORT
2018
$50K
FOR GENERAL OPERATING SUPPORT
2018

Funded by

$7.9M from 16 funders · 27 grants · 2018–2024

The San Francisco Foundation

$4.6M · 4 grants · 2018–2021

Jpmorgan Chase Foundation

$1.2M · 1 grant · 2024

Los Altos Mountain View

$502K · 1 grant · 2019

Citi Foundation

$350K · 1 grant · 2020

Great Rivers Community Trust

$251K · 3 grants · 2021–2023

Tides Foundation

$225K · 4 grants · 2020–2023

Opportunity Finance Network

$150K · 1 grant · 2021

Details

EIN942548556
NTEE codeS43Z
Subsection03
Ruling date1979-05
Formed1979
Employees17
MAIN STREET LAUNCH — Mission, Financials & Grants Received | Grantivo