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Filing year 2024

MASSCHALLENGE INC

Boston, Massachusetts·EIN 27-0382989·NTEE S43 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$7.8M
Total assets
$5.3M
Total expenses
$9.7M
Reported officers
24
Mission

TO CONNECT ENTREPRENEURS WITH THE RESOURCES THEY NEED TO LAUNCH AND SUCCEED IMMEDIATELY.THE PRIMARY ACTIVITIES INCLUDE RUNNING AN ANNUAL GLOBAL STARTUP COMPETITION, DOCUMENTING AND ORGANIZING KEY RESOURCES, AND ORGANIZING TRAINING AND NETWORKING EVENTS AND RUNNING A 4 MONTH ACCELERATOR PROGRAM DESIGNED TO HELP STARTUPS GROW.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Ceo/president
Above 90th percentilevs Community Improvement & Capacity Building peers in Massachusetts
$343k
$366k
Base
$238k
Bonus
$100k
Other
Benefits
Treasurer/clerk/coo
Above 90th percentilevs Community Improvement & Capacity Building peers in Massachusetts
$263k
$281k
Base
$207k
Bonus
$50k
Other
Benefits
Head of Development & Inno
Key Employee
Median to 75th percentile
$238k
$254k
Base
$133k
Bonus
$68k
Other
$34k
Benefits
Head of Technology
Key Employee
Median to 75th percentile
$205k
$219k
Base
$180k
Bonus
$20k
Other
Benefits
Chief of Staff
Key Employee
Median to 75th percentile
$185k
$197k
Base
$155k
Bonus
$25k
Other
Benefits
VP of Partnerships
Board Vice President
Median to 75th percentile
$185k
$197k
Base
$155k
Bonus
$25k
Other
Benefits
VP of Marketing & Communic
Board Vice President
Median to 75th percentile
$180k
$192k
Base
$155k
Bonus
$25k
Other
Benefits
Serior Director of Finance
75th to 90th percentilevs Community Improvement & Capacity Building peers in Massachusetts
$178k
$190k
Base
$173k
Bonus
Other
Benefits
Head of Next Practice & in
Key Employee
Median to 75th percentile
$174k
$185k
Base
$93k
Bonus
$48k
Other
$34k
Benefits
Chief Program Officer
Median to 75th percentilevs all sectors nationwide
$171k
$182k
Base
$166k
Bonus
Other
Benefits
Senior Director of Globalpartnerships
Highest Compensated Employee
Median to 75th percentilevs Community Improvement & Capacity Building peers in Massachusetts
$159k
$170k
Base
$135k
Bonus
$20k
Other
Benefits
Senior Director of Development
25th percentile to median
$133k
$142k
Director of Platform Operations
25th percentile to median
$118k
$126k

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 11 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MASSCHALLENGE INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
4%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building 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 8%
from 2023

From $317k in 2023 to $343k in 2024.

$317k
2023
$343k
2024
In today's dollarsEst.
Up 5% in real terms$349k to $366k

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

Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue fell 24%.

$317k in 2023 to $343k in 2024.
  • Chief Financial Officer pay rose 21% from 2023 to 2024.
  • Key Employee pay fell 23% 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.

FAQ

Common questions about MASSCHALLENGE INC

What does the Chief Executive Officer of MASSCHALLENGE INC earn?

In 2024, the Chief Executive Officer of MASSCHALLENGE INC received $342,850 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MASSCHALLENGE INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at MASSCHALLENGE INC falls in the top 10%. In 2024, the highest total compensation at MASSCHALLENGE INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are MASSCHALLENGE INC's revenue and expenses?

In 2024, MASSCHALLENGE INC reported $7.8M in total revenue and $9.7M in total expenses on its IRS Form 990.

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