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Biotechnology Association Of Maine Bioscience Association Of Maine

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

EIN: 010500056 ✦ Portland, ME ✦ Designated as a 501(c)(6)

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Overview

What is Biotechnology Association Of Maine Bioscience Association Of Maine?

Biotechnology Association of Maine, also known as Bioscience Association of Maine, is a small, nonprofit organization situated in Portland, Maine. With just one employee, their primary objective is to serve as a platform for collaboration between various companies and nonprofit entities within the bioscience sector. By facilitating networking and idea exchange, they aim to foster the industry's growth and development. As an advocate for the biosciences, they aim to communicate the sector's potential benefits to the public. Their activities are centered around promoting the steady growth of the industry and engaging in public relations to enhance its perception.


Official website here: www.biomaine.org

Is Biotechnology Association Of Maine Bioscience Association Of Maine legitimate?

Biotechnology Association Of Maine Bioscience Association Of Maine is a legitimate nonprofit organization registered as a 501(c)(6) entity. Biotechnology Association Of Maine Bioscience Association Of Maine 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $80,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,431

For more financial information, click here


Official website here: www.biomaine.org

What is the mission statement of Biotechnology Association Of Maine Bioscience Association Of Maine?

The Bioscience Association of Maine, often referred to as BAM, serves as a trade organization with a mission to encourage the continuous expansion of the bioscience industry and elucidate its advantages to the general public. Its primary objective is to create a platform for both corporate and non-profit entities to collaborate, share ideas, and stimulate the growth of the biosciences sector. In essence, BAM functions to advocate for and bolster the bioscience industry, ensuring its benefits are recognized and appreciated by the wider community.


Official website here: www.biomaine.org

Who is the CEO of Biotechnology Association Of Maine Bioscience Association Of Maine?

Agnieszka Carpenter is the President of Biotechnology Association Of Maine Bioscience Association Of Maine.


Official website here: www.biomaine.org

What is the revenue of Biotechnology Association Of Maine Bioscience Association Of Maine?

Biotechnology Association Of Maine Bioscience Association Of Maine's revenue in 2023 was $837,333.


Official website here: www.biomaine.org

Who are the executives of Biotechnology Association Of Maine Bioscience Association Of Maine and what are their salaries?

The average compensation at Biotechnology Association Of Maine Bioscience Association Of Maine during 2023 was $147,585. There is 1 employee and 12 volunteers at Biotechnology Association Of Maine Bioscience Association Of Maine.


Here are 13 key members and their salaries:


Zeynep Turk (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Eagleson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Perkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Leiner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Goodrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Doucette (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Breggia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristy Townsend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Agnieszka Carpenter (Executive Dir.)
  • Compensation: $80,154
  • Related: $0
  • Other: $0
Patrick Breeding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Pelsue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bethany Fortier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.biomaine.org

Where can I find the form 990 for Biotechnology Association Of Maine Bioscience Association Of Maine?

Biotechnology Association Of Maine Bioscience Association Of Maine's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.biomaine.org

Learn more at the official website: www.biomaine.org

Mission Statement of Biotechnology Association Of Maine Bioscience Association Of Maine

The Biotechnology Association of Maine, commonly referred to as Bioscience Association of Maine, serves as a trade organization with a mission to champion the growth of the biotechnology industry. Its primary role is to promote the steady expansion of this sector and communicate its significant benefits to the public at large. By providing a platform for companies and nonprofit entities, Bioscience Association of Maine facilitates networking and the exchange of ideas, ultimately fostering the development of the biosciences. The organization's activities are instrumental in nurturing the growth and success of the biotechnology industry in Maine, all while highlighting its contributions to the broader community.

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Impact




October, 2024

The Biotechnology Association of Maine, also known as the Bioscience Association of Maine (BAM), significantly impacts the bioscience sector by fostering networking and collaboration among companies and nonprofit entities. Through its initiatives, BAM promotes the steady growth of the biosciences industry in the region and effectively communicates its benefits to the public.

By providing a platform for dialogue and idea exchange, BAM plays a crucial role in the development of innovative solutions and advancements within the biosciences. This engagement enhances community improvement and encourages the growth of a vibrant bioscience community, ultimately contributing to the economic development of Maine. The association’s efforts help position Maine as a key player in the bioscience industry, attracting talent and investment while supporting local companies in their pursuit of excellence and innovation.




This information is meant to be a general summary of Biotechnology Association Of Maine Bioscience Association Of Maine. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$837,333 (2023)
Expenses
$596,696 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $17,034
  • Program Service Revenue: $820,299
  • Gross Receipts: $837,333

Assets and Liabilities:

  • Total Assets: $1,481,817
  • Total Liabilities: $22,744
  • Net Assets: $1,459,073

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Programs

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

Business Solutions Pro

Revenue

$586,132

Sponsorships/Conferenc

Revenue

$145,300

Membership Dues & Asse

Revenue

$75,725

Event registrations

Revenue

$6,606

Grant income

Revenue

$3,500

Organization Details

Founding Year

1995

Principal Officer

Agnieszka Carpenter

Main Address

PO Box 3362, Portland, ME, 04104

NTEE Category

Code: S03 - Community improvement

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