2026-01-14T15:44:18-06:00 2025-06-30 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2024-07-01 822337450 FOUNDATION FOR THE NEW ENGLAND INNOVATION CENTER FOUN 4014500733 150 CHESTNUT STREET PROVIDENCE RI 02903 LYDIA SCHROTER TREASURER 7745739977 2026-01-14 1 1 PATRICK J MARTIN P00283486 4012742001 2024 2025-03-06 01:10:19Z LYDIA SCHROTER 150 CHESTNUT STREET PROVIDENCE RI 02903 724270 0 X WWW.NEMICENTER.COM X 2017 RI 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. 7 5 4 50 0 0 591795 624010 126680 83768 0 0 8550 16492 727025 724270 0 0 0 0 0 265797 0 0 0 721380 300893 721380 566690 5645 157580 159792 177931 154076 14635 5716 163296 X 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. 0 0 230354 23445 ENTREPRENEURSHIP EDUCATION- WE PROVIDE MED TECH ENTREPRENEURSHIP EDUCATION AND MENTORING TO RI BASED START UP COMPANIES AND PEOPLE WHO ARE INTERESTED IN STARTING START UP. 63495 60323 GLOBAL BOOT CAMP- WE PROVIDE A GLOBAL BOOTCAMP PROGRAM TO KOREAN HEALTHCARE START UP COMPANIES EITHER FOR ONE WEEK TO 3 MONTH PERIOD. 227401 0 MENTORING- WE ALSO PROVIDE CURATED MENTORING SERVICES TO MEDTECH START UP COMPANIES BASED BOTH IN RI AND FROM KOREA. 521250 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 44 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X LYDIA SCHROTER 4014500733 150 CHESTNUT STREET PROVIDENCE RI 02903 AIDAN PETRIE PRESIDENT 40.00 X X 0 40080 18840 LYDIA SCHROTER TREASURER 40.00 X X 0 50382 5916 ANN CHUMULTS DIRECTOR 2.00 X 0 0 0 MIKE PEREIRA DIRECTOR 2.00 X 0 0 0 HOPE HOPKINS DIRECTOR 2.00 X 0 0 0 BHARAT RAMRATNAM DIRECTOR 2.00 X 0 0 0 TOWNSEND GODDARP DIRECTOR (AS OF 12/24) 2.00 X 0 0 0 TARA MAEY PETRIE EXECUTIVE DIRECTOR 40.00 X 45861 0 3385 45861 90462 28141 0 0 0 0 0 388946 235064 624010 GLOBAL BOOT CAMP 561499 60323 60323 ENTREPRENEURSHIP EDUCA 561499 23445 23445 83768 16492 0 16492 16492 16492 724270 83768 0 16492 X 97876 83195 14681 122000 103700 18300 27777 23610 4167 18144 15422 2722 101562 99762 1800 3770 3770 42000 42000 3387 3387 PROGRAM SUPPLIES 109561 109561 ADMIN EXPENSES 40613 40613 566690 521250 45440 0 12582 109726 136410 36038 7500 11527 3300 20640 159792 177931 20076 7560 100000 0 34000 7075 154076 14635 X 5716 163296 5716 163296 159792 177931 157580 0 X 0 0 0 X 493871 256589 373441 591795 624010 2339706 113456 78614 302593 126680 83768 705111 607327 335203 676034 718475 707778 3044817 0 0 0 3044817 3727 7350 7528 8550 16491 43646 611054 342553 683562 727025 724269 3088463 0.98590 0.98510 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO AIES 7075 7075 LYDIA SCHROTER LYDIA IS THE TREASURER OF THE ORGANIZATION 21000 JOINTLY OWN DILANNY LLC WHERE THE FOUNDATION RENTS OFFICE SPACE 0 AIDAN PETRIE AIDAN IS THE PRESIDENT OF THE ORGANIZATION 21000 JOINTLY OWN DILANNY LLC WHERE THE FOUNDATION RENTS OFFICE SPACE 0 FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT IS THE FATHER OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS SENT TO ALL BOARD MEMBERS. NO REVIEW WAS OR WILL BE CONDUCTED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. FORM 990, PART IX, LINE 11G CONSULTANT: PROGRAM SERVICE EXPENSES 99,762. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 99,762. PAYROLL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,800. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,800. 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