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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Foundation for the New England Innovation Center

Foundation for the New England Innovation Center

Fiscal year ending 2024. Filed on October 25, 2024.

150 Chestnut Street
Providence, Rhode Island 02903

Foundation for the New England Innovation Center (EIN: 82-2337450) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2024 IRS Form 990 filing, Foundation for the New England Innovation Center, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $67,838. The highest compensated employee at Foundation for the New England Innovation Center is Aidan Petrie with fiscal year 2024 compensation of $76,113.

Revenue, expenses, and employee compensation

Revenue

$727,025

Expenses

$721,380

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Aidan Petrie
President
$76,113
$0 $51,333 $24,780
Lydia Schroter
Treasurer
$59,563
$0 $51,333 $8,230

Benchmark Employee Compensation

Non-Employee Board Members

Ann Chumults
Director
Bharat Ramratnam
Director (AS of 6/24)
Hope Hopkins
Director
Mike Pereira
Director

Mission Statement

THE NEW ENGLAND MEDICAL INNOVATION CENTER IS A NOT-FOR-PROFIT MED TECH HUB FOUNDED BY A PARTNERSHIP BETWEEN LIFESPAN HEALTH SYSTEM, XIMEDICA, AND THE RHODE ISLAND SCHOOL OF DESIGN. WE ARE FOCUSED ON BRINGING TOGETHER INNOVATORS, ENTREPRENEURS, ORGANIZATIONS, CLINICIANS, SMES, FUNDERS, AND KNOWLEDGE BASES TO ADVANCE MEDICAL TECHNOLOGIES TO MARKET AND OVERALL BRING VALUE TO THE PATIENTS THEY SERVE WHILE INSPIRING INNOVATORS TO IMAGINE THE FUTURE OF OUR HEALTHCARE SYSTEM.

Revisions to this organization profile

October 25, 2024:
2024 Foundation for the New England Innovation Center 990 filed
September 29, 2023:
2023 Foundation for the New England Innovation Center 990 filed
November 11, 2022:
2022 Foundation for the New England Innovation Center 990 filed

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