Learn to Code / Get a Job / Hire Talent
This year has been one of significant change with the reopening of our newly remodeled headquarters building at 4811 Delmar, the departure of our longest serving executive director, Jeff Mazur, and the transition back from purely virtual pandemic working and classroom environments. A highly eventful year! In the midst of all of that, our team stayed focused on our mission to build a skilled workforce by creating pathways for driven people seeking careers in technology.
LaunchCode is a trusted source of talent to address the tech talent gaps and hiring needs for a wide variety of companies; large and small, start-up and long-established, local and national, across a wide sector of industries. Our hiring partners value the alternate source of talent we provide that have the aptitude, attitude, and skills needed to meet their business needs. A St. Louis University (SLU) Urban Planning and Development program study identified a positive annual economic impact of $168M triggered by the work of LaunchCode.
While we know intrinsically that the work we are doing matters, seeing the dollarized annual positive impact is tremendously exciting and motivating to continue to grow this impact year over year. The work we do is tremendously important to the metropolitan areas we serve, the companies located there, and the people whose lives are changed through their engagement with LaunchCode.
On September 1, 2022, we held a ribbon cutting ceremony to mark the reopening of our headquarters building. Attended by local government officials, dignitaries, and supporters, LaunchCode’s commitment to secure a lasting impact on the economic prosperity of St Louis, Kansas City, and Philadelphia, by launching people into tech talent careers and solving the tech talent gap for our hiring partners, was highlighted and celebrated. Attendees toured the building to see how the renovations provide the space needed to continue to grow our mission and our impact.
Even in the short time we’ve worked together in the renovated, expanded offices, the positive impact of in-person interactions, learning, and fostering new relationships has been felt deeply. We are grateful to the community for supporting LaunchCoders’ journeys to successful careers in technology and our work to change the status quo for training and hiring tech talent for the next ten years and beyond.
Learners Educated
Tech Careers Launched
After several COVID delays and over 13 months of construction, we were excited to finally open the doors to our newly renovated LaunchCode Headquarters building in St. Louis on September 1, 2022.
Delivering free, accessible tech education to more students was top of mind when dreaming up the redesign – the renovation added an additional 4,000 square feet with sufficient space to host cohorts of 180-220 learners at a time, increasing class cohort sizes by 33%, from 600 to 800 students per year at the facility. Plus, the added mezzanine allows us to accommodate our growing program delivery team and staff.
Remodeling LaunchCode’s Headquarters was so much more than logistics, however. Purchasing the building means making a permanent home on Delmar Blvd., bridging - physically and symbolically - the geographic and access disparities that limit us. To us, the building is a symbol of beautifying and modernizing a space that is open and available to those who want a tech future as well as the Fountain Park community that surrounds it.
This year, we’re thrilled to be included as a great place to work for women on the annual Women in the Workplace Employment Scorecard from the Women’s Foundation of Greater St. Louis for the third year running, and to be recognized by TalentCulture for thought leadership on the topic of re-thinking tech hiring.
Your contributions help keep our learning and job placement programs free! Support your community in an impactful way by making a gift or signing up for monthly donations today.
DonateRevenue & Contributions |
|
---|---|
Revenue From Direct Contributions | $608,700 |
Donated Goods & Services Revenue | $2,398,200 |
Revenue From Non-Governmental Grants | $1,466,400 |
Revenue From Government Grants | $606,500 |
Earned Revenue | $15,125,200 |
Revenue From Investments & Other Sources | $47,500 |
Total Income    $20,252,500 |
Expenses |
|
---|---|
Apprenticeship, Wages, Taxes & Benefits | $9,271,000 |
Programmatic Expenses | $7,637,500 |
Fundraising Expenses | $566,500 |
Management & General | $1,914,700 |
Total Expenses    $19,301,500 | |
Net Profit    $931,800 |
Non-Government Philanthropic Support | $3,740,500 |
Government Support | $500,000 |
New Market Tax Credit | $800,000 |
Total Campaign    $5,040,500 | |
Expenses | $290,500 |
Capital expenditures | $4,750,000 |
Total Cost    $5,040,500 |
Operating Cash Reserves at Year End |
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2018 | 5 Months |
2019 | 8 Months |
2020 | 11 Months |
2021 | 15 Months |
2022 | 17 Months |