Compensation 990

Masschallenge Inc.

Fiscal year ending 2024. Filed on November 12, 2025.

10 Fan Pier Blvd 3rd Floor
Little Falls Dr
Boston, Massachusetts 02210

Masschallenge Inc. (EIN: 27-0382989) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Masschallenge Inc., a 501(c)(3) charitable organization, reported compensation for 13 out of 55 total employees. Among the employees shown here, the average compensation is $194,792. The highest compensated employee at Masschallenge Inc. is Caitlin Brumme with fiscal year 2024 compensation of $342,850.

Revenue, expenses, and employee compensation

Revenue

$7,788,018

Expenses

$9,699,589

Employee compensation

$5,535,352
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋8.2%vs 2023
Caitlin Brumme
President and Chief Executive Officer
$342,850
$338,050 from orgNo related comp$4,800 other
＋21.4%vs 2023
Lisa McLaughlin
Treasurer/Clerk/Coo
$263,193
$257,000 from orgNo related comp$6,193 other
New in 2024
Ernesto Martinez Ended 82324
HEAD of Development and INNO
$238,422
$234,451 from orgNo related comp$3,971 other
＋47.0%vs 2023
James Fountain
HEAD of Technology
$204,856
$199,474 from orgNo related comp$5,382 other
＋5.2%vs 2023
Robert Bitting
Chief of Staff
$184,894
$180,250 from orgNo related comp$4,644 other
＋6.4%vs 2023
William Magruder
Vice President of Partnerships
$184,894
$180,250 from orgNo related comp$4,644 other
＋16.1%vs 2023
Bryetta Calloway
Vice President of Marketing and Communic
$180,250
$180,250 from orgNo related compNo other comp
New in 2024
Angel Ugalde Flores
Serior Director of Finance
$177,803
$172,640 from orgNo related comp$5,163 other
New in 2024
Damon Cox Ended 061424
HEAD of NEXT Practice and in
$173,641
$173,641 from orgNo related compNo other comp
New in 2024
Gaurav Manchanda
Chief Program Officer
$170,886
$165,909 from orgNo related comp$4,977 other
New in 2024
Sunanda Narayanaswamy
Senior Director of Globalpartnerships
$159,243
$155,200 from orgNo related comp$4,043 other
New in 2024
Christine Casalini Ended 101824
Senior Development Director
$133,167
$130,104 from orgNo related comp$3,063 other

Non-Employee Board Members

Craig Lewis
Director
Deborah Disanzo
Director
Elizabeth Graham
Director
Fiona Murray
Director
Ian Roberts
Director
John W Harthorne
Director
Meghan Verona Joyce
Director
Michael Fanning
Director
Michael Langer
Director
Travis McCready
Director
William C Cowan
Director

Mission Statement

TO CONNECT ENTREPRENEURS WITH THE RESOURCES THEY NEED TO LAUNCH AND SUCCEED IMMEDIATELY.THE PRIMARY ACTIVITIES INCLUDE RUNNING AN ANNUAL GLOBAL STARTUP COMPETITION, DOCUMENTING AND ORGANIZING KEY RESOURCES, AND ORGANIZING TRAINING AND NETWORKING EVENTS AND RUNNING A 4 MONTH ACCELERATOR PROGRAM DESIGNED TO HELP STARTUPS GROW.

Revisions to this organization profile

November 12, 2025:
2024 Masschallenge Inc. 990 filed
November 15, 2024:
2023 Masschallenge Inc. 990 filed
November 15, 2023:
2022 Masschallenge Inc. 990 filed

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