Life Sciences Pennsylvania

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

EIN: 251621500 ✦ King of prussia, PA ✦ Designated as a 501(c)(6)

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Overview

What is Life Sciences Pennsylvania?

Life Sciences Pennsylvania is a nonprofit organization headquartered at 411 Swedeland Road, Suite 23-1080, King of Prussia, Pennsylvania. Their primary mission is to establish Pennsylvania as the leading hub for the life sciences industry in the United States. They aim to achieve this by fostering a conducive business and public policy environment that encourages growth and success within the life sciences sector. Through various events, Life Sciences Pennsylvania provides a platform for researchers to present their findings addressing medical needs and challenges, engaging with industry leaders on pertinent issues. The organization boasts a workforce of 18 individuals dedicated to this cause.


Official website here: www.lifesciencespa.org

Is Life Sciences Pennsylvania legitimate?

Life Sciences Pennsylvania is a legitimate nonprofit organization registered as a 501(c)(6) entity. Life Sciences Pennsylvania 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: $542,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $985,370

For more financial information, click here


Official website here: www.lifesciencespa.org

What is the mission statement of Life Sciences Pennsylvania?

Life Sciences Pennsylvania aims to establish Pennsylvania as the leading hub for life sciences in the United States. This is achieved by cultivating a conducive business and public policy environment that fosters the growth and success of the life sciences sector. By doing so, Life Sciences Pennsylvania helps drive innovation and advancements in the field, addressing various medical needs and challenges. Their activities often involve hosting events, such as the Life Sciences Future, where researchers and industry leaders can share their work and discuss key issues in the life sciences industry.


Official website here: www.lifesciencespa.org

Who is the CEO of Life Sciences Pennsylvania?

Christopher Molineaux is the President & of Life Sciences Pennsylvania.


Official website here: www.lifesciencespa.org

What is the revenue of Life Sciences Pennsylvania?

Life Sciences Pennsylvania's revenue in 2021 was $2,924,770.


Official website here: www.lifesciencespa.org

Who are the executives of Life Sciences Pennsylvania and what are their salaries?

The average compensation at Life Sciences Pennsylvania during 2021 was $84,896. There are 18 employees and 26 volunteers at Life Sciences Pennsylvania.


Here are 37 key members and their salaries:


Christopher Molineaux (President &)
  • Compensation: $542,750
  • Related: $0
  • Other: $9,806
Karen L Delone (Employee)
  • Compensation: $227,739
  • Related: $0
  • Other: $9,109
Kurt E Imhof (Employee)
  • Compensation: $129,857
  • Related: $0
  • Other: $5,194
Michael Bozik (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monte Wiltse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian Ritchey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ruggiero (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Reber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Testa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachael Bushey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Shay (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Norton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Lee Taylor (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Hess (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Burns (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liam Kelly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Doerner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Shook (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Yoder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryant Lim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burt Bruce (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Dillon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Swartley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Witkowski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Payne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Brubaker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Facher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Campbell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Jannetta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Frederick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerri Henwood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Jacobs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Mily (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Mulvihill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zev Sunleaf (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Tang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lifesciencespa.org

Where can I find the form 990 for Life Sciences Pennsylvania?

Life Sciences Pennsylvania's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.lifesciencespa.org

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

Mission Statement of Life Sciences Pennsylvania

Life Sciences Pennsylvania, a prominent organization, is committed to establishing Pennsylvania as the leading hub for life sciences in the United States. They achieve this by fostering a conducive business and public policy environment that encourages the growth and success of the life sciences sector. This mission is geared towards addressing various medical needs and solving complex issues within the life sciences industry. The organization provides a platform, such as the Life Sciences Future event, where researchers can present their findings and engage with industry leaders, contributing to the collective advancement of the life sciences field.

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Impact




October, 2024

Life Sciences Pennsylvania plays a crucial role in positioning the state as a leading hub for the life sciences sector in the United States. By fostering a conducive business and public policy environment, it drives growth and innovation in vital areas such as biotechnology, pharmaceuticals, and medical research.

Through initiatives like Life Sciences Future, the organization provides a platform for researchers and industry leaders to collaboratively address pressing medical needs and challenges within the industry. This interaction not only promotes the sharing of groundbreaking research but also facilitates discussions on key issues impacting the life sciences field.

Situated in King of Prussia, PA, Life Sciences Pennsylvania's efforts contribute significantly to community improvement and economic development, ensuring that Pennsylvania remains at the forefront of advancements in life sciences. Its commitment to creating a thriving ecosystem for life sciences supports job creation, attracts investments, and enhances the overall health and well-being of communities across the region.




This information is meant to be a general summary of Life Sciences Pennsylvania. 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
$2,924,770 (2021)
Expenses
$2,988,770 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $2,374
  • Program Service Revenue: $1,530,412
  • Gross Receipts: $2,924,770

Assets and Liabilities:

  • Total Assets: $1,967,524
  • Total Liabilities: $1,653,578
  • Net Assets: $313,946

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Programs

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

AFFINITY GROUP ROYALTY INCOME

Revenue

$605,573

PROGRAM SERIES

Revenue

$595,425

LIFE SCIENCES FUTURE

Revenue

$309,414

PUBLIC AFFAIRS

Revenue

$20,000

Organization Details

Founding Year

1989

Principal Officer

Christopher Molineaux

Main Address

411 SWEDELAND ROAD STE 23-1080, KING OF PRUSSIA, PA, 19406

NTEE Category

Code: S41 - Community improvement

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