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Filing year 2024

GATES MEDICAL RESEARCH INSTITUTE

Cambridge, Massachusetts·EIN 82-1808476·NTEE E05 · Health Care·501(c)(3)
Total revenue
$132.8M
Total assets
$613.2M
Total expenses
$341.1M
Reported officers
17
Mission

THE GATES MRI ENGAGES DIRECTLY IN THE CONDUCT OF MEDICAL RESEARCH IN CONJUNCTION WITH ONE OR MORE HOSPITALS FOR THE PURPOSE OF ADDRESSING MAJOR CAUSES OF ILLNESS AND DEATH IN LOW-AND LOWER-MIDDLE-INCOME COUNTRIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Health Care organizations in Massachusetts.

Chief Medical Officer (end 12/24)
Key Employee
Above 90th percentile
$910k
$971k
Base
$733k
Bonus
Other
$79k
Benefits
$46k
Treasurer
Above 90th percentile
$807k
$861k
Base
$519k
Bonus
$109k
Other
$86k
Benefits
$42k
Chief Operating Officer
Above 90th percentile
$773k
$825k
Base
$657k
Bonus
Other
$34k
Benefits
$30k
Head of Translational Discovery
Highest Compensated Employee
75th to 90th percentile
$670k
$715k
Base
$552k
Bonus
Other
$21k
Benefits
$45k
Chief Executive Officer (start 6/24)
75th to 90th percentile
$652k
$696k
Base
$440k
Bonus
$125k
Other
$20k
Benefits
$16k
Head of Chem, Manufac, & Controls
Key Employee
75th to 90th percentile
$643k
$686k
Base
$509k
Bonus
Other
$40k
Benefits
$42k
Head of Therapeutics Development
Highest Compensated Employee
75th to 90th percentile
$604k
$644k
Base
$480k
Bonus
$10k
Other
$32k
Benefits
$29k
Head of Development
Highest Compensated Employee
75th to 90th percentile
$591k
$631k
Base
$482k
Bonus
$151
Other
$14k
Benefits
$43k
Head of Biostatistics & Data Science
Highest Compensated Employee
75th to 90th percentile
$576k
$614k
Base
$470k
Bonus
Other
$10k
Benefits
$44k
Head of Corp Strat & Mkt Access
Highest Compensated Employee
75th to 90th percentile
$562k
$600k
Base
$447k
Bonus
$13k
Other
$3k
Benefits
$47k
Secretary
Secretary (Operational)
Above 90th percentilevs Health Care peers nationwide
$525k
$560k
Base
$432k
Bonus
Other
$14k
Benefits
$27k
Chief Executive Officer (end 6/24)
75th to 90th percentile
$492k
$525k
Base
$414k
Bonus
Other
$14k
Benefits
$13k
Director
Board Member
25th percentile to median
$84k
$90k
Director
Board Member
25th percentile to median
$82k
$88k
Director, Board Chair
Board Chair
Median to 75th percentilevs Health Care peers nationwide
$70k
$75k
Director
Board Member
25th percentile to median
$69k
$73k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GATES MEDICAL RESEARCH INSTITUTE equaled 0.3% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
0.3%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 1%
from 2023

From $900k in 2023 to $910k in 2024.

$900k
2023
$910k
2024
In today's dollarsEst.
Down 2% in real terms$991k to $971k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay rose 34% from 2023 to 2024, while revenue fell 84%.

$678k in 2023 to $910k in 2024.
  • Chief Financial Officer pay rose 29% from 2023 to 2024.
  • Chief Operating Officer pay rose 9% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
GATES MEDICAL RESEARCH INSTITUTE2024
$910k
2
NEW YORK EHEALTH COLLABORATIVE INC2023
$656k
Compare compensation across all Health Care organizations
FAQ

Common questions about GATES MEDICAL RESEARCH INSTITUTE

What does the Key Employee of GATES MEDICAL RESEARCH INSTITUTE earn?

In 2024, the Key Employee of GATES MEDICAL RESEARCH INSTITUTE received $910,041 in total compensation. This pay is in the top 10% for Key Employee roles among Health Care organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Key Employee pay at GATES MEDICAL RESEARCH INSTITUTE compare with similar nonprofits?

Compared with the same role at Health Care organizations in Massachusetts, the 2024 pay of the Key Employee at GATES MEDICAL RESEARCH INSTITUTE falls in the top 10%. In 2024, the highest total compensation at GATES MEDICAL RESEARCH INSTITUTE equaled 0.3% of the organization's total expenses. The median for health care organizations is 4%.

What are GATES MEDICAL RESEARCH INSTITUTE's revenue and expenses?

In 2024, GATES MEDICAL RESEARCH INSTITUTE reported $132.8M in total revenue and $341.1M in total expenses on its IRS Form 990.

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