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Filing year 2023

OCEAN STATE RESEARCH INSTITUTE INC

Providence, Rhode Island·EIN 05-0440574·NTEE H00Z · Medical Research·501(c)(3)
Total revenue
$7.2M
Total assets
$3.4M
Total expenses
$7M
Reported officers
13
Mission

THE PURPOSE OF OSRI IS TO ADVANCE THE RESEARCH MISSION OF THE DEPARTMENT OF VETERANS AFFAIRS THROUGH THE SUPPORT OF RESEARCH AND EDUCATIONAL RELATED ACTIVITIES AT THE PROVIDENCE VA MEDICAL CENTER. COLLABORATIVE RESEARCH AND EDUCATIONAL ENDEAVORS MAY BE ESTABLISHED WITH UNIVERSITIES, FOR-PROFIT COMPANIES, HOSPITALS, CHARITABLE FOUNDATIONS, PROFESSIONAL SOCIETIES, THE PUBLIC HEALTH SERVICE OR OTHER GOVERNMENTAL AGENCIES, AND OTHER NON-PROFIT AGENCIES.

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 Medical Research organizations nationwide.

Executive Director
Median to 75th percentile
$129k
$144k
Data Scientist
Highest Compensated Employee
10th to 25th percentile
$127k
$142k
Sr. Project Manager
Project Manager
25th percentile to medianvs all sectors nationwide
$108k
$120k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 10 unpaid individuals.

Browse compensation in Medical Research

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at OCEAN STATE RESEARCH INSTITUTE INC equaled 2% of the organization's total expenses. The median for medical research organizations is 10%.

This organization (2023)
2%
Sector median
10%
Middle half of sector
4% to 21%

Based on 1,118 medical research 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 12%
from 2022

From $115k in 2022 to $129k in 2023.

$115k
2022
$129k
2023
In today's dollarsEst.
Up 9% in real terms$133k to $144k

Estimated with BLS CPI-U for the Northeast region, 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 12% from 2022 to 2023, while revenue rose 20%.

$115k in 2022 to $129k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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

OCEAN STATE RESEARCH INSTITUTE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$6M
$5.9M
2022
$7.2M
$7M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Medical Research executives earn

Comparable medical research organizations nationwide pay their highest-earning executive a median of $120,264.

25th percentile
$48k
Median
$120,264
75th percentile
$252k
90th percentile
$466k

These are medical research sector-wide figures, not this organization's reported pay. Based on 1,118 organizations across 1,118 filings (2020 – 2024).

See full Medical Research compensation data
FAQ

Common questions about OCEAN STATE RESEARCH INSTITUTE INC

What does the Chief Executive Officer of OCEAN STATE RESEARCH INSTITUTE INC earn?

In 2023, the Chief Executive Officer of OCEAN STATE RESEARCH INSTITUTE INC received $129,240 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Medical Research organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at OCEAN STATE RESEARCH INSTITUTE INC compare with similar nonprofits?

Compared with the same role at Medical Research organizations nationwide, the 2023 pay of the Chief Executive Officer at OCEAN STATE RESEARCH INSTITUTE INC falls between the median and the 75th percentile. In 2023, the highest total compensation at OCEAN STATE RESEARCH INSTITUTE INC equaled 2% of the organization's total expenses. The median for medical research organizations is 10%.

What are OCEAN STATE RESEARCH INSTITUTE INC's revenue and expenses?

In 2023, OCEAN STATE RESEARCH INSTITUTE INC reported $7.2M in total revenue and $7M in total expenses on its IRS Form 990.

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