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Organizations North Shore InnoVentures Inc

North Shore InnoVentures Inc

Fiscal year ending 2019. Filed on April 3, 2020.

100 Cummings Center No 451-c
Beverly, Massachusetts 01915

North Shore InnoVentures Inc (EIN: 26-2737088), also known as InnoVenture Labs, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, North Shore InnoVentures Inc, a 501(c)(3) charitable organization, reported compensation for 6 out of 7 total employees. Among the employees shown here, the average compensation is $72,742. The highest compensated employee at North Shore InnoVentures Inc is Thomas Kinneman with fiscal year 2019 compensation of $137,487.

Revenue, expenses, and employee compensation

Revenue

$1,011,237

Expenses

$1,314,311

Employee compensation

$508,582
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Kinneman
Vice President and Chief Operating Officer
$137,487
$137,487 No related compNo other comp
Chris Ilsley
President and Chief Executive Officer
$83,405
$83,405 No related compNo other comp
Martha C Farmer
Director/ Past CEO
$61,077
$61,077 No related compNo other comp
Jack Swig
Clerk
$9,000
$9,000 No related compNo other comp
Gordon W Ulen
Former Treasurer
$0
Chad Robinson
Treasurer
$0

Benchmark Employee Compensation

Non-Employee Board Members

David Baer
Director
David E Reibel
Director
Harry G McCoy
Chair
Jean-Jacques Yarmoff
Director
Kathleen Barnes, Ph.D.
Director
Mary Grant
Director
Thomas Farb
Director

Contractors

Cummings Properties
Property Management
$182,859

Mission Statement

Operate a non-profit business incubator designed to foster innovation in the life sciences and clean tech and thus support economic development.

Revisions to this organization profile

May 14, 2025:
2024 North Shore InnoVentures Inc 990 filed
May 6, 2024:
2023 North Shore InnoVentures Inc 990 filed
February 14, 2024:
Amended (originally filed May 12, 2023)2022 North Shore InnoVentures Inc 990 filed

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