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Mansfield Bio-Incubator Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471570605 ✦ Mansfield, MA ✦ Designated as a 501(c)(3)

Overview

What is Mansfield Bio-Incubator Inc?

Mansfield Bio-Incubator Inc, headquartered at 241 Francis Street, Mansfield, Massachusetts 02048, is a nonprofit organization dedicated to fostering innovation in the realms of biotechnology, medical, and life sciences. With a team of just two individuals, this organization provides rental space for laboratory facilities and related areas, aiming to stimulate groundbreaking research and educational initiatives in these fields. The mission of Mansfield Bio-Incubator Inc is to promote the generation of novel ideas and knowledge, contributing to the advancement of these critical sectors.


Official website here: www.mansfieldbioincubator.com

Is Mansfield Bio-Incubator Inc legitimate?

Mansfield Bio-Incubator Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mansfield Bio-Incubator Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $186,416
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mansfieldbioincubator.com

What is the mission statement of Mansfield Bio-Incubator Inc?

Mansfield Bio-Incubator Inc is dedicated to fostering innovative research and education in the sectors of biotechnology, medical, and life sciences. This mission is accomplished through the provision of laboratory and related space, serving as a catalyst for groundbreaking discoveries and knowledge expansion in these fields. The organization's primary goal is to contribute to the advancement of scientific understanding and technological developments in these disciplines.


Official website here: www.mansfieldbioincubator.com

Who is the CEO of Mansfield Bio-Incubator Inc?

Rustam Yukhananov is the President of Mansfield Bio-Incubator Inc.


Official website here: www.mansfieldbioincubator.com

What is the revenue of Mansfield Bio-Incubator Inc?

Mansfield Bio-Incubator Inc's revenue in 2022 was $1,865,495.


Official website here: www.mansfieldbioincubator.com

Who are the executives of Mansfield Bio-Incubator Inc and what are their salaries?

The average compensation at Mansfield Bio-Incubator Inc during 2022 was $93,208. There are 2 employees and 3 volunteers at Mansfield Bio-Incubator Inc.

Here are 4 key members and their salaries:

    Rustam Yukhananov (President) [Trustee/Director]
  • Compensation: $163,682
  • Related: $0
  • Other: $0

    • Alexander Margulis (Chief Operating Officer)
  • Compensation: $22,734
  • Related: $0
  • Other: $0

    • Richard Sousa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vitaly Polunovsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mansfieldbioincubator.com

    Where can I find the form 990 for Mansfield Bio-Incubator Inc?

    The Mansfield Bio-Incubator Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mansfieldbioincubator.com

    Learn more at the official website: www.mansfieldbioincubator.com

    Mission Statement of Mansfield Bio-Incubator Inc

    Mansfield Bio-Incubator Inc, a distinguished entity, is dedicated to fostering innovation in the realms of biotechnology, medical, and life sciences. Their primary mission is to assist in the generation of groundbreaking research and education within these fields. The organization accomplishes this by providing rental spaces for laboratories and related facilities, serving as a hub for ambitious scientists and researchers to advance their work. Mansfield Bio-Incubator Inc plays a vital role in nurturing the development of new ideas and knowledge, ultimately contributing to advancements in various scientific disciplines.

    Impact

    This information is meant to be a general summary of Mansfield Bio-Incubator Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Mansfield Bio-Incubator Inc's impact is centered around fostering innovation and advancement in the fields of biotechnology, medical, and life sciences. By providing rental space for laboratories and related facilities, the organization facilitates the generation of cutting-edge research and educational initiatives in these critical sectors. Through its mission to support innovative research and education, Mansfield Bio-Incubator Inc plays a pivotal role in driving progress and breakthroughs in science research, ultimately contributing to the development of new technologies and solutions that can improve human health and well-being.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $851,058
  • Gross Receipts: $1,865,495

    • Assets and Liabilities:
  • Total Assets: $7,697,761
  • Total Liabilities: $3,968,637
  • Net Assets: $3,729,124
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $851,058

    Organization Details

    Founding Year

    2014

    Principal Officer

    Rustam Yukhananov

    Main Address

    241 FRANCIS STREET, MANSFIELD, MA, 02048

    NTEE Category

    Code: U02 - Science research

    If you are a representative of Mansfield Bio-Incubator Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.