Mission
MASSACHUSETTS BIOMEDICAL INITIATIVES, INC. ("MBI OR THE ORGANIZATION") IS A PRIVATE NON-PROFIT CORPORATION FOCUSING ON BUILDING UP CENTRAL MASSACHUSETTS AS A GLOBAL BIOMANUFACTURING HUB. OUR MISSION OF BEING A PARTNER FOR FOSTERING INNOVATION IN THE LIFE SCIENCES IS FULFILLED THROUGH OUR EFFORTS IN STARTUP INCUBATION, WORKFORCE DEVELOPMENT, ECONOMIC DEVELOPMENT, AND REGIONAL ADVOCACY.
Executive compensation, broken down
Form 990 · Schedule J · 2 reported individuals · Filing year 2024
Base salaryBonusOther compensationBenefits
| Base salary | Bonus | Other compensation | Benefits | Executive compensation | |
|---|---|---|---|---|---|
Vice President vice president $221k | |||||
Plus 17 unpaid individuals.
Held roughly steady
over 2 years
From $293k in 2022 to $302k in 2024.
$293k
2022
$283k
2023
$302k
2024
$293k
2022
$283k
2023
$302k
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
MASSACHUSETTS BIOMEDICAL INITIATIVES INC2024
$302k
2
GLOUCESTER MARINE GENOMICS INSTITUTE2023
$278k
3
SCIENCE AND TECHNOLOGY FUTURES INC2024
$240k
4
STOCKHOLM ENVIRONMENT INSTITUTE2024
$222k
5
CONSORTIUM OF UNIVERSITIES FOR THE2023
$175k
6
IGEM FOUNDATION INC2023
$168k
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