Overview
What is Bucks County Biotechnology Center Inc?
Bucks County Biotechnology Center Inc is a nonprofit organization situated in Doylestown, Pennsylvania. Its mission is to foster biotechnology advancements by constructing, developing, owning, and operating a research center. The facility includes laboratories, classrooms, and office spaces, serving as a platform to encourage scientific research, commercialization of new discoveries, and technologies. The Pennsylvania Biotechnology Center of Bucks County, a result of a unique partnership, aims to become a transformative force, generating groundbreaking discoveries, educating future researchers, and launching new companies. This nonprofit organization is dedicated to promoting regional economic development and job creation while providing a world-class biotechnology center.
Official website here: www.pabiotechbc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Bucks County Biotechnology Center Inc has achieved a Three-Star rating on Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization scored particularly well in areas such as board independence and financial oversight, earning full points for having a majority of independent board members and an effective audit committee. This demonstrates a commitment to governance and transparency.
The financial metrics showcase a solid Program Expense Ratio of 80.84%, indicating that a significant portion of its resources is dedicated to its programs. Additionally, the organization has implemented comprehensive policies regarding conflict of interest, whistleblowing, and document retention, further supporting its accountability practices.
However, the organization’s Liabilities to Assets Ratio of 62.59% suggests that it has a relatively high level of liabilities compared to its assets, which may warrant attention. Overall, Bucks County Biotechnology Center Inc exhibits strengths in governance and program spending, while also facing challenges in financial leverage.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Bucks County Biotechnology Center Inc?
100% of 5 reviewers on Facebook recommend Bucks County Biotechnology Center Inc. Here is a summary of their reviews:
The nonprofit is praised for its modern and well-equipped facility, which adds to the positive experience for visitors. Reviewers consistently highlight the dedication of the staff, noting their commitment to nurturing and inspiring future scientists.
Overall, the organization is seen as a valuable resource for the community, making a significant impact through its programs and mentorship. The enthusiasm expressed by users reflects a strong belief in the mission and effectiveness of the center.
This AI summary has been generated from reviews found on Facebook.
Is Bucks County Biotechnology Center Inc legitimate?
Bucks County Biotechnology Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bucks County Biotechnology 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
Official website here: www.pabiotechbc.org
What is the mission statement of Bucks County Biotechnology Center Inc?
The Bucks County Biotechnology Center Inc, operating as a nonprofit research organization, is committed to establishing a world-class biotechnology center. Its mission extends beyond this, encompassing the promotion of regional economic development and job creation. The center also focuses on educating and training the next generation of researchers, fostering biotechnology through the construction, development, ownership, and operation of a biotechnology research center. The facility, comprising laboratories, classrooms, and office spaces, encourages and develops scientific research, including the commercialization of new discoveries and technologies.
Official website here: www.pabiotechbc.org
Who is the CEO of Bucks County Biotechnology Center Inc?
Louis P Kassa Iii is the President (Thru 6/30/22) of Bucks County Biotechnology Center Inc. The CEO's salary of Bucks County Biotechnology Center Inc is $0 and their total compensation is $239,146.
Official website here: www.pabiotechbc.org
What is the revenue of Bucks County Biotechnology Center Inc?
Bucks County Biotechnology Center Inc's revenue in 2022 was $8,086,852.
Official website here: www.pabiotechbc.org
Who are the executives of Bucks County Biotechnology Center Inc and what are their salaries?
There 4 volunteers at Bucks County Biotechnology Center Inc.
Here are 6 key members and their salaries (Bucks County Biotechnology Center Inc's CEO's salary is $0 and their total compensation is $239,146):
- Compensation: $0
- Related: $213,239
- Other: $20,971
- Compensation: $0
- Related: $212,900
- Other: $26,246
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pabiotechbc.org
Where can I find the form 990 for Bucks County Biotechnology Center Inc?
Bucks County Biotechnology Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pabiotechbc.org
Learn more at the official website: www.pabiotechbc.org
Mission Statement of Bucks County Biotechnology Center Inc
Bucks County Biotechnology Center Inc, a nonprofit research organization, is committed to establishing a world-class biotechnology center. Their mission is multifaceted, encompassing the promotion of regional economic development and job creation, as well as the education and training of future researchers. To accomplish this, they focus on fostering biotechnology through the construction, development, ownership, and operation of a biotechnology research center. This facility, which comprises laboratories, classrooms, and office space, serves as a hub to encourage and develop scientific research. It also facilitates the commercialization of new discoveries and technologies. In essence, Bucks County Biotechnology Center Inc aims to contribute significantly to the field of biotechnology, stimulate economic growth, and nurture the next generation of researchers.
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Impact
October, 2024
Bucks County Biotechnology Center Inc serves as a transformative force in the biotechnology landscape of Pennsylvania. By establishing a state-of-the-art research facility equipped with laboratories, classrooms, and office space, it fosters a collaborative environment that promotes scientific discovery and innovation. The center is dedicated to facilitating the commercialization of new technologies and discoveries, encouraging startups, and expanding the biotechnology sector in the region.
Furthermore, it plays a key role in regional economic development by creating job opportunities and attracting talent to the area. Through its educational initiatives, the center trains the next generation of researchers, equipping them with the skills necessary to advance biotechnology. By bridging the gap between academia and industry, Bucks County Biotechnology Center Inc not only contributes to scientific advancement but also strengthens the local economy and community.
This information is meant to be a general summary of Bucks County Biotechnology 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 2022.
- Investment Income: $14,206
- Program Service Revenue: $3,371,651
- Gross Receipts: $8,436,600
Assets and Liabilities:
- Total Assets: $38,271,152
- Total Liabilities: $28,125,796
- Net Assets: $10,145,356
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$3,371,651
Organization Details
Founding Year
2004
Phone
(215) 489-4948Principal Officer
Louis P Kassa Iii
Main Address
3805 OLD EASTON ROAD, DOYLESTOWN, PA, 18902
Website
www.pabiotechbc.orgNTEE Category
Code: G02 - Disease
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