Public Charity

North Shore InnoVentures Inc

North Shore InnoVentures Inc, of Beverly, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.0M in revenue, $1.8M in expenses, $6.6M in total assets. 1 publicly reported grants to this organization, totaling roughly $6K, appear in IRS filings.

EIN: 262737088 Beverly, MA Latest filing: 2025
Total Revenue$1.0M
Total Expenses$1.8M
Total Assets$6.6M
Grant Records1
Funding Total$6K
Filing Years2021–2025

Mission

Operate a non-profit business incubator designed to foster innovation in the life sciences and clean tech and thus support economic development.

Officers & Directors

Director Alex Van Adzin
Director Bob Barton
Treasurer Chad Robinson
President & CEO Chris Ilsley
Past COO Christine Kressirer
Director David Reibel

Officer compensation and complete director data available with membership.

Top Grant Purposes

Arts, Culture & Humanities
$6,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.0M $1.8M $6.6M
2024 $3.2M $1.7M $7.4M
2023 $2.2M $1.6M $3.2M
2022 $1.6M $1.6M $2.9M
2021 $2.2M $1.4M $2.7M

Between 2021 and 2025, reported annual revenue declined from $2.2M to $1.0M (-53%), with total assets most recently reported at $6.6M.

Interactive year-over-year charts and full filing details available with membership.

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