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Filing year 2023

North Shore InnoVentures Inc

Beverly, Massachusetts·EIN 26-2737088·3
Total revenue
$3.2M
Total assets
$7.4M
Total expenses
$1.7M
Reported officers
13
Mission

Operate a non-profit business incubator designed to foster innovation in the life sciences and clean tech and thus support economic development.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

$119k
$131k
Manager of Lab Operations
highest compensated employee
$106k
$116k

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 10 unpaid individuals.

Climbed 8%
over 2 years

From $110k in 2021 to $119k in 2023.

$110k
2021
$113k
2022
$119k
2023
In today's dollarsEst.
Down 2% in real terms$135k to $131k

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.

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

Revenue and expenses over time

North Shore InnoVentures Inc reported revenue and expenses across 3 filing years.

RevenueExpenses
$1.6M
$1.6M
2021
$2.2M
$1.6M
2022
$3.2M
$1.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
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