Overview
What is Rochester Bioventure Center Inc?
Rochester Bioventure Center Inc is a nonprofit organization located in Rochester, New York, with a postal address at 601 Elmwood Ave PO Box 706, 14642. Its primary mission is to stimulate economic growth by offering specialized laboratory and office space to burgeoning, high-technology businesses and specific programs from the University of Rochester. The purpose is to help transform innovative concepts or research initiatives into marketable products, processes, or services. The organization's activities support the development of start-ups by providing them with a nurturing environment to grow and succeed in their respective industries.
Is Rochester Bioventure Center Inc legitimate?
Rochester Bioventure Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester Bioventure Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Rochester Bioventure Center Inc?
The Rochester Bioventure Center Inc's mission was centered around promoting economic development. They achieved this by operating an incubator facility, providing specifically designed laboratory and office space for start-up, high technology businesses and specific programs of the University of Rochester. The primary goal was to help these entities develop concepts or research initiatives into a marketable product, process, or service. This venture aimed to stimulate innovation and entrepreneurship, ultimately contributing to the economic growth of the relevant industry. Unfortunately, the center ceased operations on February 14, 2016, and has remained inactive since then.
Who is the CEO of Rochester Bioventure Center Inc?
Peter G Robinson is the Chairman of Rochester Bioventure Center Inc.
What is the revenue of Rochester Bioventure Center Inc?
Rochester Bioventure Center Inc's revenue in 2020 was $0.
Who are the executives of Rochester Bioventure Center Inc and what are their salaries?
There 3 volunteers at Rochester Bioventure Center Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $571,702
- Other: $116,110
- Compensation: $0
- Related: $194,998
- Other: $42,623
- Compensation: $0
- Related: $256,840
- Other: $48,612
Where can I find the form 990 for Rochester Bioventure Center Inc?
Rochester Bioventure Center Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Rochester Bioventure Center Inc
Rochester Bioventure Center Inc, a nonprofit organization, was established with a mission to foster economic development. It achieved this by operating an incubator facility, providing specifically designed laboratory and office space for start-up, high technology businesses. The center's primary goal was to support these enterprises in transforming concepts or research initiatives from the University of Rochester into marketable products, processes, or services. This mission aimed to stimulate innovation and entrepreneurship in the technology sector. However, it's important to note that Rochester Bioventure Center Inc ceased operations on February 14, 2016, and has been inactive since then.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Rochester Bioventure Center Inc played a significant role in fostering economic development by operating an incubator facility tailored to meet the needs of start-up, high technology businesses. By providing specifically designed laboratory and office space, the Center supported entrepreneurs and innovative projects, particularly those related to the University of Rochester's initiatives. This environment allowed for the development of concepts and research initiatives that could be transformed into marketable products, processes, or services. Ultimately, the Center contributed to the growth of the local economy and the advancement of technology sectors in Rochester, NY. However, it ceased operations on February 14, 2016, and has been inactive since then, marking the end of its direct impact on the regional innovation landscape.
This information is meant to be a general summary of Rochester Bioventure Center 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
Assets and Liabilities:
- Total Assets: $57,533
- Total Liabilities: $0
- Net Assets: $57,533
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2005
Phone
(585) 275-3300Principal Officer
Peter G Robinson
Main Address
601 ELMWOOD AVE PO BOX 706, ROCHESTER, NY, 14642
NTEE Category
Code: B11 - Education
If you are a representative of Rochester Bioventure Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.