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Organizations North Shore InnoVentures Inc

North Shore InnoVentures Inc

Fiscal year ending 2024. Filed on May 14, 2025.

100 Cummings Center 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 2024 IRS Form 990 filing, North Shore InnoVentures Inc, a 501(c)(3) charitable organization, reported compensation for 3 out of 6 total employees. Among the employees shown here, the average compensation is $107,627. The highest compensated employee at North Shore InnoVentures Inc is Chris Ilsley with fiscal year 2024 compensation of $119,244.

Revenue, expenses, and employee compensation

Revenue

$3,239,257

Expenses

$1,671,974

Employee compensation

$587,670
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Chris Ilsley
President and Chief Executive Officer
$119,244
$119,244 No related compNo other comp
Jeff Defrank
Manager of Lab Operations
$105,599
$105,599 No related compNo other comp
Christine Kressirer
Chief Operating Officer
$98,037
$98,037 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Alex van Adzin
Director
Bob Barton
Director
Chad Robinson
Treasurer
David Reibel
Director
Harry G McCoy
Chair
Jack Swig
Clerk
Jean-Jacques Yarmoff
Director
Martha Farmer
Director
Mary Grant
Director
Thomas Forest Farb
Director

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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