Overview
What is Delaware Bioscience Association Inc?
Delaware Bioscience Association Inc is a nonprofit organization situated in Wilmington, Delaware. Their primary mission is to foster a thriving bioscience landscape within the state, striving to drive business growth, support startup companies, secure research funding, foster workforce development, and encourage investment in major projects. Throughout 2022, they provided strategic member support, hosted impactful events, welcomed new board members, expanded their membership, and engaged with key stakeholders to advocate for policies that strengthen the bioscience sector. The association's activities contribute to promoting and bolstering the bioscience industry in Delaware.
Official website here: www.delawarebio.org
Is Delaware Bioscience Association Inc legitimate?
Delaware Bioscience Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Delaware Bioscience 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: $265,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $152,797
For more financial information, click here
Official website here: www.delawarebio.org
What is the mission statement of Delaware Bioscience Association Inc?
The Delaware Bioscience Association Inc, a member-focused not-for-profit organization, is dedicated to promoting and strengthening the bioscience industry in its vicinity. Their mission involves catalyzing a thriving life science landscape, driving business growth, supporting startup companies, securing research funding, fostering workforce development, and encouraging investment in major new projects. Throughout 2022, they provided strategic member and community support, hosted well-attended events, welcomed new board members, expanded their membership, and engaged with key stakeholders to advocate for proposals that support innovative research, sector growth, and success.
Official website here: www.delawarebio.org
What is the revenue of Delaware Bioscience Association Inc?
Delaware Bioscience Association Inc's revenue in 2023 was $986,022.
Official website here: www.delawarebio.org
Who are the executives of Delaware Bioscience Association Inc and what are their salaries?
The average compensation at Delaware Bioscience Association Inc during 2023 was $104,590. There are 4 employees and 12 volunteers at Delaware Bioscience Association Inc.
Here are 22 key members and their salaries:
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Official website here: www.delawarebio.org
Where can I find the form 990 for Delaware Bioscience Association Inc?
Delaware Bioscience Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.delawarebio.org
Learn more at the official website: www.delawarebio.org
Mission Statement of Delaware Bioscience Association Inc
The Delaware Bioscience Association, a not-for-profit organization, is committed to fostering and enhancing the bioscience industry within Delaware. Their mission is geared towards catalyzing a prosperous bioscience landscape within the state. By providing strategic support, connections, and resources, they strive to drive business growth, bolster startup success, secure research funding, and facilitate workforce development. Additionally, they advocate for innovative projects and policies that support the sector's growth and success. The Delaware Bioscience Association also hosts events on key life science topics and issues, fostering a collaborative and informed community. In this role, they aim to promote and strengthen the bioscience industry in Delaware, ultimately contributing to the state's economic and scientific development.
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Impact
October, 2024
Delaware Bioscience Association Inc plays a crucial role in promoting and strengthening the bioscience industry within the state of Delaware. By providing strategic support and fostering connections among members and the broader community, the organization drives business and economic growth and enhances the success of startup companies in the bioscience sector.
In 2022, the association's impact was felt through high-quality, well-attended events that facilitated discussions on key life science topics, creating a vibrant platform for knowledge sharing and networking. Their efforts to grow membership, engage with stakeholders, and educate policymakers highlight their commitment to advocating for innovative research and sector growth.
Furthermore, by supporting workforce development and investment in major new projects, the Delaware Bioscience Association contributes to a thriving life sciences landscape in Delaware, ultimately benefitting the local economy and community health. The organization's focus on collaboration and advocacy plays a pivotal role in shaping the future of biosciences in the region.
This information is meant to be a general summary of Delaware Bioscience 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $296,862
- Gross Receipts: $1,097,794
Assets and Liabilities:
- Total Assets: $1,511,204
- Total Liabilities: $167,273
- Net Assets: $1,343,931
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACTIVITIES INCOME
Revenue
$296,862
Organization Details
Founding Year
2006
Principal Officer
Michael Fleming
Website
www.delawarebio.orgNTEE Category
Code: S46 - Community improvement
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