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New York Biotechnology Association Inc

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

EIN: 113026494 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is New York Biotechnology Association Inc?

The New York Biotechnology Association Inc is a nonprofit organization that champions and upholds the biotechnology industry. Their primary objectives include fostering the creation of new life science companies, fostering collaborative relationships among established businesses, and enlightening the public on the significance of life sciences. They accomplish this through the publication of newsletters, informational brochures, and by sponsoring meetings. This organization serves as a catalyst for the growth and understanding of the biotechnology sector in New York.


Official website here: www.newyorkbio.org

Is New York Biotechnology Association Inc legitimate?

New York Biotechnology Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New York Biotechnology Association 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $275,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,257

For more financial information, click here


Official website here: www.newyorkbio.org

What is the mission statement of New York Biotechnology Association Inc?

The New York Biotechnology Association's mission is centered around promoting and advocating for the biotechnology industry. It achieves this by disseminating newsletters and informational materials, with the objective of fostering the growth of new life science companies. The association also encourages cooperative relationships between existing companies in the industry and works to educate the community about the importance of life sciences. Furthermore, it sponsors various meetings to facilitate industry engagement and knowledge sharing.


Official website here: www.newyorkbio.org

Who is the CEO of New York Biotechnology Association Inc?

Jennifer A Hawks Bland is the Ceo of New York Biotechnology Association Inc. The CEO's salary of New York Biotechnology Association Inc is $275,000 and their total compensation is $275,000.


Official website here: www.newyorkbio.org

What is the revenue of New York Biotechnology Association Inc?

New York Biotechnology Association Inc's revenue in 2022 was $1,043,331.


Official website here: www.newyorkbio.org

Who are the executives of New York Biotechnology Association Inc and what are their salaries?

The average compensation at New York Biotechnology Association Inc during 2022 was $95,376. There are 6 employees at New York Biotechnology Association Inc.


Here are 5 key members and their salaries (New York Biotechnology Association Inc's CEO's salary is $275,000 and their total compensation is $275,000):


Jennifer A Hawks Bland (Ceo)
  • Compensation: $275,000
  • Related: $0
  • Other: $0
Rana Al-Hallaq (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hans Christinger (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Van Nostrand (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Robinson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newyorkbio.org

Where can I find the form 990 for New York Biotechnology Association Inc?

New York Biotechnology Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newyorkbio.org

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

Mission Statement of New York Biotechnology Association Inc

The New York Biotechnology Association, in its mission, works tirelessly to promote and represent the biotechnology industry. This nonprofit organization plays a pivotal role in fostering the growth of new life science companies, encouraging collaborative relationships between existing firms, and enlightening the community about the significance of the life sciences sector. To achieve these objectives, the New York Biotechnology Association publishes informative newsletters and brochures. Furthermore, the organization sponsors meetings and events, serving as a platform for industry stakeholders to engage, share knowledge, and advance the biotechnology field.

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Impact




October, 2024

The New York Biotechnology Association Inc has a significant impact on the biotechnology industry by promoting and representing its interests within the state. Through the publication of newsletters and informational brochures, the organization encourages the development of new life science companies, helping to foster innovation and economic growth. By promoting cooperative relations among existing companies, it creates a robust network that facilitates collaboration and knowledge sharing.

Additionally, the association plays a crucial role in educating the community about the importance of life sciences, raising awareness of their potential benefits to public health and the economy. The sponsorship of meetings provides valuable opportunities for professionals in the industry to connect, share ideas, and address challenges collectively. Overall, the New York Biotechnology Association is pivotal in shaping a thriving biotechnology ecosystem that contributes to community improvement and advancements in the life sciences sector.




This information is meant to be a general summary of New York Biotechnology Association Inc. 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
$1,043,331 (2022)
Expenses
$920,485 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,042,687
  • Gross Receipts: $1,043,331

Assets and Liabilities:

  • Total Assets: $944,644
  • Total Liabilities: $227,725
  • Net Assets: $716,919

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Programs

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

CONFERENCES

Revenue

$446,525

GROUP PURCHASING INCOME

Revenue

$314,051

MEMBER DUES

Revenue

$282,111

Organization Details

Founding Year

1990

Principal Officer

Jennifer A Hawks Bland

Main Address

430 E 29TH STREET 14TH FL LAUNCHLAB, NEW YORK, NY, 10016

NTEE Category

Code: S41 - Community improvement

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