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MASSACHUSETTS BIOMEDICAL INITIATIVES INC

WORCESTER, MAEIN: 22-2636406Website

Data sourced from IRS 990 public filings

MASSACHUSETTS BIOMEDICAL INITIATIVES INC MASSACHUSETTS BIOMEDICAL INITIATIVES (MBI) IS DEDICATED TO JOB CREATION AND INNOVATIVE HEALTHCARE THROUGHOUT MASSACHUSETTS BY PROMOTING THE GROWTH OF START-UP BIOMEDICAL COMPANIES. MBI IS COMMITTED TO COLLABORATING WITH THE ACADEMIC, BUSINESS AND GOVERNMENT COMMUNITIES TO PROMOTE MASSACHUSETTS AS THE WORLD LEADER IN THE LIFE & HEALTH SCIENCES INDUSTRY.

Low-Income/Economically Disadvantaged
Local (City/County Level)
Direct Service Delivery
Education & Awareness
Medical Research
Workforce & Economic Opportunity
STEM Education

Annual Revenue

$5,329,684

Known Funders

5

Grants Received

5

Financial History

YearRevenueExpensesAssets
2024$5,329,684$4,238,815$31,324,216
2023$6,363,451$3,568,461$29,972,322
2022$4,750,848$3,413,396$23,711,563
2021$4,335,258$2,865,540$18,513,088
2020$5,958,843$2,219,087$17,539,609
2019$2,816,957$1,863,460$12,838,674
2018$1,742,894$1,646,142$10,303,267
2017$1,874,668$1,605,347$11,429,133

Top Funders

$200,000 (2024)
$75,000 (2024)
Unknown foundation
$41 (2023)

Key Personnel

From 2024 IRS 990 filing

Z

ZU SHEN

VICE PRESIDENT

Key Employee
C

CHUCK KUNSCH

VICE CHAIRMAN

Officer
R

ROBERT J ANDERSON CPA

CHAIRMAN

Officer
L

LAUREN FOSTER

TRUSTEE

J

JON WEAVER

PRESIDENT & CEO

Officer
L

LINDA MCGOLDRICK

TRUSTEE

A

ALLAN GUO

TRUSTEE

S

SHOBHA PARTHASARATHI

CLERK

Officer
J

JOHN HALLINAN

TREASURER

Officer
L

LIZABETH LEVEILLE

TRUSTEE

Showing 10 of 19 key personnel.

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