Overview
What is Massachusetts Biotechnology Council Inc?
Massachusetts Biotechnology Council Inc, situated in Cambridge, Massachusetts, is a renowned nonprofit organization with a mission to foster a favorable environment for the biotechnology industry. With a team of 60 dedicated individuals, they aim to promote Massachusetts as a leading player in the life sciences sector. Through education, meetings, and policy formation, MASSBIO strives to expand the industry, enrich the healthcare system, and ultimately enhance patient lives.
Official website here: www.massbio.org
Is Massachusetts Biotechnology Council Inc legitimate?
Massachusetts Biotechnology Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Massachusetts Biotechnology Council 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,177,342
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,597,324
For more financial information, click here
What is the mission statement of Massachusetts Biotechnology Council Inc?
The Massachusetts Biotechnology Council Inc is dedicated to promoting Massachusetts' position at the forefront of the life sciences industry. Their commitment extends to growing the industry, enhancing the healthcare system, and improving patient lives. The Council focuses on education, meetings, and policy formation to create a favorable environment for the biotechnology sector. Their actions aim to add value to the healthcare system and positively impact patient outcomes.
Official website here: www.massbio.org
Who is the CEO of Massachusetts Biotechnology Council Inc?
Kendalle Burlin O'Connell is the Principal Officer of Massachusetts Biotechnology Council Inc. The CEO's salary of Massachusetts Biotechnology Council Inc is $599,933 and their total compensation is $629,074.
Official website here: www.massbio.org
What is the revenue of Massachusetts Biotechnology Council Inc?
Massachusetts Biotechnology Council Inc's revenue in 2022 was $16,916,817.
Official website here: www.massbio.org
Who are the executives of Massachusetts Biotechnology Council Inc and what are their salaries?
The average compensation at Massachusetts Biotechnology Council Inc during 2022 was $96,244. There are 60 employees and 47 volunteers at Massachusetts Biotechnology Council Inc.
Here are 54 key members and their salaries (Massachusetts Biotechnology Council Inc's CEO's salary is $599,933 and their total compensation is $629,074):
- Joseph Boncore (Ceo) [Trustee/Director]
- Kendalle Lee Burlin Oconnell (President & Coo) [Trustee/Director]
- Zachary A Stanley (Vp Of Policy)
- Jason M Cordeiro (Vp Of Operations)
- Benjamin M Bradford (Vp Of Membership)
- Gauri R Nair (Vp Of Innovation)
- Kevin Kelly (Vp Of Finance)
- Pam Randhawa (Chair) [Trustee/Director]
- Chris Garabedian (Vice Chair) [Trustee/Director]
- Mike O'Hara (Treasurer) [Trustee/Director]
- Tamar Thompson (Clerk) [Trustee/Director]
- Lawrence Wittenberg (Counsel) [Trustee/Director]
- David Lucchino (Past Chair) [Trustee/Director]
- Charles Wilson (Director/ Past Chair)
- Udit Batra (Director)
- Cheryl Blanchard (Director)
- Melissa Bradford-Klug (Director)
- Tim Clackson (Director)
- Chip Clark (Director)
- Sharon Cload (Director)
- Jason Cole (Director)
- John Dunlop (Director)
- Jeffrey Elton (Director)
- Barbara Fox (Director)
- Gary Gillheeney (Director)
- Luba Greenwood (Director)
- Jc Gutierrez-Ramos (Director)
- Susan Hager (Director)
- Martin Heidecker (Director)
- Edward Kaye (Director)
- Chris Leibman (Director)
- Lizabeth Leveille (Director)
- Liz Lewis (Director)
- Bill Mcdermott (Director)
- David Meeker (Director)
- Christopher Murphy (Director)
- Gilmore O'Neill (Director)
- Cynthia Perettie (Director)
- Adelene Perkins (Director)
- Alice Pomponio (Director)
- Chandra Ramanathan (Director)
- Eric Rasmussen (Director)
- Rick Russell (Director)
- Amit Sachdev (Director)
- Bill Sibold (Director)
- Kumar Srinivasan (Director)
- Rehan Verjee (Director)
- Kerry Wentworth (Director)
- Robert Gottlieb (Director)
- Michal Preminger (Director)
- Eileen Elliot (Director)
- Chris Round (Director)
- Robert Coughlin (Director)
- Alan Eisenberg (Director)
Official website here: www.massbio.org
Where can I find the form 990 for Massachusetts Biotechnology Council Inc?
The Massachusetts Biotechnology Council Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.massbio.org
Learn more at the official website: www.massbio.org
Mission Statement of Massachusetts Biotechnology Council Inc
Massachusetts Biotechnology Council Inc, also known as MASSBIO, is a dedicated organization that is committed to championing Massachusetts' prominence in the life sciences sector. By fostering an environment conducive to growth, MASSBIO strives to expand the industry, enhance the healthcare system, and ultimately improve patient lives. The Council's unwavering mission is to propel Massachusetts into a leading position in the life sciences field.
MASSBIO's efforts focus on several key areas. First and foremost, it invests in education, organizing events, and shaping policy to support the biotechnology industry. Through these initiatives, the Council fosters an ecosystem that encourages innovation, collaboration, and progress within the sector. Additionally, MASSBIO's work adds value to the healthcare system by advocating for policies that benefit patients and the industry as a whole. Lastly, the organization's commitment extends to directly improving patient lives by promoting advancements in the life sciences field.
MASSBIO's influence is felt in various ways. It provides a platform for industry professionals to connect, collaborate, and learn from one another, fostering a vibrant community within the life sciences sector. Furthermore, the organization's advocacy efforts shape policies that support the growth and development of the industry, ensuring that Massachusetts remains a hub for life sciences innovation. In summary, Massachusetts Biotechnology Council Inc is a vital catalyst for the life sciences industry in Massachusetts, driving growth, adding value to the healthcare system, and ultimately, improving patient lives.
Impact
This information is meant to be a general summary of Massachusetts Biotechnology Council Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Massachusetts Biotechnology Council Inc is dedicated to advancing Massachusetts' leadership in the life sciences industry. By providing support and creating a positive environment for the biotechnology sector through education, meetings, and policy formation, the organization plays a crucial role in fostering innovation and growth within the industry. This, in turn, has a significant impact on the state's economy, healthcare system, and ultimately, on improving patient lives. Massachusetts Biotechnology Council Inc's efforts contribute to enhancing the community, driving economic development, and promoting advancements in healthcare that benefit society as a whole.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSORTIUM REBATES
Revenue
$7,267,226
SPONSORSHIP FEES
Revenue
$1,660,769
ATTENDANCE FEES
Revenue
$818,326
OTHER PROGRAM REVENUE
Revenue
$101,340
Organization Details
Founding Year
1985
Phone
(617) 674-5100
Principal Officer
Kendalle Burlin O'Connell
Main Address
700 TECHNOLOGY SQUARE 5TH FLOOR, CAMBRIDGE, MA, 02139
Website
www.massbio.org
NTEE Category
Code: S41 - Community improvement
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