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Filing year 2024

INSTITUTE FOR LIFE SCIENCE ENTREPRENEURSHIP

Union, New Jersey·EIN 46-5632420·NTEE H99 · Medical Research·3
Total revenue
$953k
Total assets
$1.7M
Total expenses
$923k
Reported officers
9
Mission

THE MISSION OF THE INSTITUTE AS A GATEWAY FOR INTEGRATING THE EXTRAORDINARY ACADEMIC, INDUSTRIAL AND ENTREPRENEURIAL RESOURCES OF THE NEW YORK/NEW JERSEY METROPOLITAN AREA INTO A DYNAMIC RAPID-RESPONSE ENTERPRISE FOR ADVANCING BASIC AND TRANSLATIONAL RESEARCH AND ENTREPRENEURISM IN THE LIFE SCIENCES. IT IS STRUCTURED AS A NON-PROFIT, AUTONOMOUS LIFE SCIENCE RESEARCH INSTITUTE LOCATED ON THE CAMPUS OF KEAN UNIVERSITY, IN UNION, NEW JERSEY, GOVERNED BY A BOARD OF DIRECTORS.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Vice President of Research
vice president
$167k
$181k
Base
$155k
Bonus
Other
Benefits
$12k
$152k
$164k
Base
$134k
Bonus
Other
Benefits
$17k
Vice President
vice president
$150k
$162k
Base
$150k
Bonus
Other
Benefits
$164

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Medical Research

Up 7%
from 2023

From $156k in 2023 to $167k in 2024.

$156k
2023
$167k
2024
In today's dollarsEst.
Up 3% in real terms$175k to $181k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

INSTITUTE FOR LIFE SCIENCE ENTREPRENEURSHIP reported revenue and expenses across 2 filing years.

RevenueExpenses
$911k
$813k
2023
$953k
$923k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Medical Research executives earn

Comparable medical research organizations nationwide pay their highest-earning executive a median of $114,840.

25th percentile
$40k
Median
$114,840
75th percentile
$234k
90th percentile
$424k

These are medical research sector-wide figures, not this organization's reported pay. Based on 283 organizations across 283 filings (2021 – 2023).

See full Medical Research compensation data
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