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Filing year 2023

NEW ORLEANS BIO INNOVATION CENTER INC

New Orleans, Louisiana·EIN 20-0078125·NTEE S302 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$2.6M
Total assets
$34.5M
Total expenses
$4.1M
Reported officers
8
Mission

THE ORGANIZATION'S MISSION IS TO MANAGE A BIOTECHNOLOGY INCUBATOR FACILITY TO DEVELOP AND SUPPORT A LIFE SCIENCE INDUSTRY IN NEW ORLEANS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

President/ceo
Key Employee
Median to 75th percentile
$217k
$236k
Base
$188k
Bonus
Other
Benefits
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NEW ORLEANS BIO INNOVATION CENTER INC equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
5%
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.

Up 15%
from 2022

From $188k in 2022 to $217k in 2023.

$188k
2022
$217k
2023
In today's dollarsEst.
Up 11% in real terms$214k to $236k

Estimated with BLS CPI-U for the South region, 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.

Among peers

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

FAQ

Common questions about NEW ORLEANS BIO INNOVATION CENTER INC

What does the Key Employee of NEW ORLEANS BIO INNOVATION CENTER INC earn?

In 2023, the Key Employee of NEW ORLEANS BIO INNOVATION CENTER INC received $216,519 in total compensation. This pay is above the median (the midpoint) for Key Employee roles among Community Improvement & Capacity Building organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at NEW ORLEANS BIO INNOVATION CENTER INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Key Employee at NEW ORLEANS BIO INNOVATION CENTER INC falls between the median and the 75th percentile. In 2023, the highest total compensation at NEW ORLEANS BIO INNOVATION CENTER INC equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are NEW ORLEANS BIO INNOVATION CENTER INC's revenue and expenses?

In 2023, NEW ORLEANS BIO INNOVATION CENTER INC reported $2.6M in total revenue and $4.1M in total expenses on its IRS Form 990.

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