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Organizations Massachusetts Biotechnology Council Inc.

Massachusetts Biotechnology Council Inc.

Fiscal year ending 2022. Filed on October 26, 2023.

700 Technology Square 5th Floor
Cambridge, Massachusetts 02139

Massachusetts Biotechnology Council Inc. (EIN: 22-2693047) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Massachusetts Biotechnology Council Inc., a 501(c)(6) business league, reported compensation for 7 out of 60 total employees. Among the employees shown here, the average compensation is $369,955. The highest compensated employee at Massachusetts Biotechnology Council Inc. is Joseph Boncore with fiscal year 2022 compensation of $629,074.

Revenue, expenses, and employee compensation

Revenue

$16,916,817

Expenses

$15,878,078

Employee compensation

$6,836,920
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joseph Boncore
Chief Executive Officer
$629,074
$599,933 No related comp$29,141
Kendalle Lee Burlin Oconnell
President and Chief Operating Officer
$548,268
$526,892 No related comp$21,376
Zachary A Stanley
Vice President, Policy
$325,231
$292,527 No related comp$32,704
Jason M Cordeiro
Vice President, Operations
$316,518
$286,582 No related comp$29,936
Benjamin M Bradford
Vice President, Membership
$272,525
$242,571 No related comp$29,954
Gauri R Nair
Vice President of Innovation
$271,599
$248,305 No related comp$23,294
Kevin Kelly
Vice President, Finance
$226,468
$214,858 No related comp$11,610

Benchmark Employee Compensation

Non-Employee Board Members

Adelene Perkins
Director
Alan Eisenberg
Director
Alice Pomponio
Director
Amit Sachdev
Director
Barbara Fox
Director
Bill McDermott
Director
Bill Sibold
Director
Chandra Ramanathan
Director
Charles Wilson
Director and Former Chair
Cheryl Blanchard
Director
Chip Clark
Director
Chris Garabedian
Vice Chair

Contractors

Sebastians
Food and Beverage
$432,273
Capital Counsel LLC
Consulting
$225,000
Midnight Brunch LLC
Video Production
$176,667
John Heffernan
Consulting
$150,000
Foley Hoag LLP
Consulting Lobbying
$122,285

Mission Statement

MASSBIO IS COMMITTED TO ADVANCING MASSACHUSETTS' LEADERSHIP IN THE LIFE SCIENCES TO GROW THE INDUSTRY, ADD VALUE TO THE HEALTH CARE SYSTEM AND IMPROVE PATIENT LIVES.

Revisions to this organization profile

November 14, 2025:
2024 Massachusetts Biotechnology Council Inc. 990 filed
November 14, 2024:
2023 Massachusetts Biotechnology Council Inc. 990 filed
October 26, 2023:
2022 Massachusetts Biotechnology Council Inc. 990 filed

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