THE NEW ENGLAND MEDICAL INNOVATION CENTER IS A NOT-FOR-PROFIT MED TECH HUB FOUNDED BY A PARTNERSHIP BETWEEN LIFESPAN HEALTH SYSTEM, XIMEDICA, AND THE RHODE ISLAND SCHOOL OF DESIGN. WE ARE FOCUSED ON BRINGING TOGETHER INNOVATORS, ENTREPRENEURS, ORGANIZATIONS, CLINICIANS, SMES, FUNDERS, AND KNOWLEDGE BASES TO ADVANCE MEDICAL TECHNOLOGIES TO MARKET AND OVERALL BRING VALUE TO THE PATIENTS THEY SERVE WHILE INSPIRING INNOVATORS TO IMAGINE THE FUTURE OF OUR HEALTHCARE SYSTEM.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations in Rhode Island.
| Position | Total |
|---|---|
President Below 10th percentile | $25k $28k |
Treasurer Officer (Unspecified) | $8k $9k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 4 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at FOUNDATION FOR THE NEW ENGLAND INNOVATION CENTER equaled 3% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about FOUNDATION FOR THE NEW ENGLAND INNOVATION CENTER
What does the Chief Executive Officer of FOUNDATION FOR THE NEW ENGLAND INNOVATION CENTER earn?
In 2023, the Chief Executive Officer of FOUNDATION FOR THE NEW ENGLAND INNOVATION CENTER received $24,780 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Health Care organizations in Rhode Island: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Chief Executive Officer pay at FOUNDATION FOR THE NEW ENGLAND INNOVATION CENTER compare with similar nonprofits?
Compared with the same role at Health Care organizations in Rhode Island, the 2023 pay of the Chief Executive Officer at FOUNDATION FOR THE NEW ENGLAND INNOVATION CENTER falls in the bottom 10%. In 2023, the highest total compensation at FOUNDATION FOR THE NEW ENGLAND INNOVATION CENTER equaled 3% of the organization's total expenses. The median for health care organizations is 4%.
What are FOUNDATION FOR THE NEW ENGLAND INNOVATION CENTER's revenue and expenses?
In 2023, FOUNDATION FOR THE NEW ENGLAND INNOVATION CENTER reported $727k in total revenue and $721k in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read more