Skip to main content
Filing year 2023

North Shore InnoVentures Inc

Beverly, Massachusetts·EIN 26-2737088·501(c)(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 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President & CEO
Median to 75th percentile
$119k
$131k
Manager of Lab Operations
Operations Manager
25th percentile to median
$106k
$116k
COO
25th percentile to median
$98k
$108k

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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

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.

Pay for the position

Chief Executive Officer pay rose 8% from 2021 to 2023, while revenue rose 107%.

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

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2023.

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.
FAQ

Common questions about North Shore InnoVentures Inc

What does the Chief Executive Officer of North Shore InnoVentures Inc earn?

In 2023, the Chief Executive Officer of North Shore InnoVentures Inc received $119,244 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at North Shore InnoVentures Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at North Shore InnoVentures Inc falls between the median and the 75th percentile.

What are North Shore InnoVentures Inc's revenue and expenses?

In 2023, North Shore InnoVentures Inc reported $3.2M in total revenue and $1.7M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.