NonprofitsMansfield Bio-Incubator Inc

Science & Technology

Mansfield Bio-Incubator Inc

MANSFIELD, MA

Total revenue

$1.6M

Total expenses

$1.5M

Net assets

$3.5M

Grants received

$4.0M

4 grants

EIN

471570605

Tax year

2024

Mission

To assist in the generation of innovative research and education in the fields of biotechnology, medical and life sciences.

Programs

1 program

Establish a life science ecosystem in southeastern massachusetts by preparing a skilled workforce for the biotech industry, through mentorship and other training programs.

Expenses: $542K

Financials

FY 2024

Revenue

Contributions & grants$818K
Program service revenue$739K
Investment income$37K
Other revenue
Total revenue$1.6M

Expenses

Grants paid
Salaries & benefits$532K
Fundraising
Other expenses$971K
Total expenses$1.5M
Total assets$7.1M
Net assets$3.5M

People

4 listed

NameRoleCompensation

RUSTAM YUKHANANOV

PRESIDENT

Board

$273K

35 hrs/wk

ALEXANDER MARGULIS

CHIEF OPERATING OFFICER

Board

$72K

40 hrs/wk

RICHARD SOUSA

DIRECTOR

Board

5 hrs/wk

VITALY POLUNOVSKY

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$2M
For grant recipient's exempt purposes
2021
$2M
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2020
$10K
For grant recipient's exempt purposes
2018

Funded by

$4.0M from 1 funder · 4 grants · 2018–2021

Fidelity Investments Charitable Gift Fund

$4.0M · 4 grants · 2018–2021

Details

EIN471570605
NTEE codeU02
Subsection03
Ruling date2015-02
Formed2014
Employees6
Volunteers10
MANSFIELD BIO-INCUBATOR INC — Mission, Financials & Grants Received | Grantivo