NonprofitsLab Central Inc

Science & Technology

Lab Central Inc

CAMBRIDGE, MA

Total revenue

$27.3M

Total expenses

$24.5M

Net assets

$27.5M

Grants received

$895K

4 grants

EIN

461031913

Tax year

2024

Mission

Lab central supports creation of innovative startup biotechnology companies by providing a world-class environment for entreprenuers, and a fully functional life sciences laboratory within the kendall square innovation hub.

Financials

FY 2024

Revenue

Contributions & grants$8.1M
Program service revenue$18.1M
Investment income$969K
Other revenue$122K
Total revenue$27.3M

Expenses

Grants paid$78K
Salaries & benefits$11.0M
Fundraising
Other expenses$13.4M
Total expenses$24.5M
Total assets$110.7M
Net assets$27.5M

People

13 listed

NameRoleCompensation

JOHANNES FRUEHAUF

PRESIDENT AND CO-FOUNDER

Board

$323K

26 hrs/wk

PETER SHANLEY

CHIEF FINANCIAL OFFICER

Board

$129K

16 hrs/wk

SUSAN WINDHAM-BANNISTER

DIRECTOR

Board

$20K

1 hrs/wk

PETER PARKER

SECRETARY/DIRECTOR

Board

$840

3 hrs/wk

STEVEN TREGAY

CHAIRMAN OF THE BOARD

Board

1 hrs/wk

JO VINEY

DIRECTOR

Board

1 hrs/wk

JOHN HARTHORNE

DIRECTOR

Board

1 hrs/wk

MARGARET O'TOOLE

CHIEF OPERATING OFFICER

Staff

$346K

40 hrs/wk

MIKE LARHETTE

CHIEF BUSINESS OFFICER

Staff

$312K

36 hrs/wk

CELINA CHANG

VICE PRESIDENT, SCIENCE STRATEGY

Staff

$259K

40 hrs/wk

BETH MCKEON

SENIOR DIRECTOR, IGNITE VC

Staff

$209K

40 hrs/wk

PETE DONOVAN

DIRECTOR, FINANCE & ACCOUNTING

Staff

$194K

40 hrs/wk

RACHELE RYAN

SENIOR DIRECTOR, PTNRSHPS, PROGRAMMING/COMMUNITY

Staff

$186K

40 hrs/wk

Independent contractors

SG COMPUTERS INC

IT SERVICES

$557K

EMCOR SERVICES NORTHEAST INC

HVAC SERVICES

$487K

BARRICADE CYBER SOLUTIONS

IT SERVICES

$328K

UG2

JANITORIAL SERVICES

$309K

TRIUMVIRATE ENVIRONMENTAL

EHS SERVICES

$171K

Grants received

Showing 4 of 4

FromAmountPurposeYear
$200K
LIFE SCIENCE CAREER AWARENESS
2024
$235K
PROGRAM DEVELOPMENT/EVALUATION
2023
$10K
Operating Support/Annual Fund
2021

Funded by

$895K from 4 funders · 4 grants · 2021–2024

Metavivor Research And Support Inc

$450K · 1 grant · 2024

Fidelity Non-Profit Management

$235K · 1 grant · 2023

The American City Coalition Inc

$200K · 1 grant · 2024

Boston Foundation Inc

$10K · 1 grant · 2021

Details

EIN461031913
NTEE codeU02
Subsection03
Ruling date2014-06
Formed2012
Employees102
Volunteers4
LAB CENTRAL INC — Mission, Financials & Grants Received | Grantivo