Public Charity

FOUNDATION FOR THE NEW ENGLAND INNOVATION CENTER

FOUNDATION FOR THE NEW ENGLAND INNOVATION CENTER is a nonprofit organization categorized as Public Charity based in PROVIDENCE, RI. Its most recent IRS filing (2025) reports revenue of $724K, expenses of $567K, total assets of $178K. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $178K.

EIN: 822337450 PROVIDENCE, RI Latest filing: 2025
Total Revenue$724K
Total Expenses$567K
Total Assets$178K
Grant Records3
Funding Total$178K
Filing Years2020–2025

Mission

THE NEW ENGLAND MEDICAL INNOVATION CENTER IS A NOT-FOR-PROFIT MED TECH HUB FOUNDED BY A PARTNERSHIP BETWEEN LIFESPAN HEALTH SYSTEM, XIMEDICA, AND THE RHODE ISLAND SCHOOL OF DESIGN. WE ARE FOCUSED ON BRINGING TOGETHER INNOVATORS, ENTREPRENEURS, ORGANIZATIONS, CLINICIANS, SMES, FUNDERS, AND KNOWLEDGE BASES TO ADVANCE MEDICAL TECHNOLOGIES TO MARKET AND OVERALL BRING VALUE TO THE PATIENTS THEY SERVE WHILE INSPIRING INNOVATORS TO IMAGINE THE FUTURE OF OUR HEALTHCARE SYSTEM.

Officers & Directors

PRESIDENT Aidan Petrie
DIRECTOR Ann Chumults
DIRECTOR Bharat Ramratnam
DIRECTOR Hope Hopkins
TREASURER Lydia Schroter
DIRECTOR Mike Pereira

Officer compensation and complete director data available with membership.

Top Grant Purposes

FRACTIONAL PROJECT MANAGER
$150,000 1 grant
Women's Health & Entrepreneurship
$20,000 1 grant
HEALTH
$8,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $724K $567K $178K
2024 $727K $721K $160K
2023 $684K $689K $50K
2021 $611K $433K $229K
2020 $322K $353K $58K

Between 2020 and 2025, reported annual revenue grew from $322K to $724K (+125%), with total assets most recently reported at $178K.

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

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