Overview
What is Biomed Sa?
Biomed Sa, based in San Antonio, Texas, serves as a catalyst for the growth and development of the healthcare and bioscience sectors within the city and its surrounding region. This nonprofit organization fosters connections between local industries, offers mentorship, and facilitates targeted networking opportunities. Biomed Sa also collects and synthesizes data on the region's healthcare and bioscience assets and capabilities to support existing industries and attract new companies and talent. To promote the sector, Biomed Sa hosts events and collaborates with local officials and economic development organizations. Ultimately, Biomed Sa aims to enhance San Antonio's reputation as a hub for science and health, accelerating growth in the healthcare and bioscience industries.
Official website here: www.biomedsa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Biomed Sa has achieved an impressive score of 96%, reflecting its strong accountability and financial practices. The organization is fully compliant with key governance indicators, boasting a 100% independent board and a robust financial oversight committee. This high level of governance ensures transparency and responsible management of resources.
The nonprofit's financial health is also noteworthy, with a low liabilities to assets ratio of 10.32%, indicating solid financial stability. Additionally, a program expense ratio of 75.53% signifies that a significant portion of its expenditures goes directly towards its mission-related programs. This demonstrates an effective allocation of funds to impact its objectives.
Overall, Biomed Sa showcases a commitment to ethical practices and financial responsibility, which positions it favorably among nonprofits. Its strong governance and financial metrics highlight strengths in operational integrity, although no specific limitations or areas for improvement were noted in the provided data.
This AI summary has been generated from information found on Charity Navigator.
Is Biomed Sa legitimate?
Biomed Sa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Biomed Sa 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: $104,401
For more financial information, click here
Official website here: www.biomedsa.org
What is the mission statement of Biomed Sa?
Biomed Sa's mission is to promote the growth of the healthcare and bioscience industries by organizing and highlighting the resources and capabilities within this sector in a specific region. The goal is to accelerate the expansion of this economic sector and enhance the city's reputation as a hub for science and health. Biomed Sa achieves this by supporting local industries, making connections with potential collaborators and service providers, offering targeted networking opportunities, and sharing industry news. By collecting and analyzing information on local assets and capabilities, Biomed Sa aims to support existing industries and attract new companies and talent to the region. To achieve its mission, Biomed Sa hosts various events to educate and connect the sector, representing the healthcare and bioscience sector, and collaborating with local officials and economic development organizations to promote and grow the sector.
Official website here: www.biomedsa.org
Who is the CEO of Biomed Sa?
Heather Hanson is the Director of Biomed Sa.
Official website here: www.biomedsa.org
What is the revenue of Biomed Sa?
Biomed Sa's revenue in 2022 was $797,556.
Official website here: www.biomedsa.org
Who are the executives of Biomed Sa and what are their salaries?
There 130 volunteers at Biomed Sa.
Here are 32 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $196,368
- Related: $0
- Other: $19,735
Official website here: www.biomedsa.org
Where can I find the form 990 for Biomed Sa?
Biomed Sa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.biomedsa.org
Learn more at the official website: www.biomedsa.org
Mission Statement of Biomed Sa
Biomed Sa, a nonprofit organization, is dedicated to advancing the economic growth of the healthcare and bioscience industries. Its mission is to foster and promote the network of assets and capabilities within San Antonio's healthcare and bioscience sector, aiming to accelerate its expansion and enhance the city's reputation as a hub of science and health. Biomed Sa plays a crucial role in attracting, sustaining, and growing this sector by making connections, offering mentorship, providing targeted networking opportunities, and sharing industry news. It collects and collates information on local assets and capabilities in the region's healthcare and bioscience sector, supporting existing industry and attracting new companies and talent to the area. Biomed Sa hosts various events to educate and connect the sector, acting as a representative for the healthcare and bioscience sector while collaborating with local officials and economic development organizations to promote and expand the sector. Overall, Biomed Sa leads community-wide activities to promote and grow the healthcare and bioscience sector in the region.
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
Biomed Sa plays a crucial role in fostering the economic development of the healthcare and bioscience sectors in San Antonio and Bexar County, Texas. By actively promoting collaboration among industry players, Biomed Sa helps sustain and grow these vital sectors, which are essential for the region's economic health.
The organization facilitates connections between local businesses and potential collaborators, creating networking opportunities that support innovation and growth. Through mentoring programs and educational events, Biomed Sa enhances industry knowledge and encourages the sharing of best practices.
By collecting and disseminating information on local assets and capabilities, Biomed Sa not only strengthens existing companies but also attracts new enterprises and talent to the area. This initiative contributes to the overall economic vitality of the region, bolstering its reputation as a center of science and health.
Furthermore, Biomed Sa engages with local officials and economic development organizations to advocate for the sector, ensuring that the healthcare and bioscience industries receive the support needed to thrive. Overall, Biomed Sa's activities significantly contribute to community improvement and enhance the region's potential in the competitive healthcare landscape.
This information is meant to be a general summary of Biomed Sa. 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: $88
- Program Service Revenue: $20,000
- Gross Receipts: $915,259
Assets and Liabilities:
- Total Assets: $807,018
- Total Liabilities: $83,359
- Net Assets: $723,659
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$20,000
Organization Details
Founding Year
2002
Phone
(210) 468-1848Principal Officer
Heather Hanson
Main Address
3463 MAGIC DR 245, SAN ANTONIO, TX, 78229
Website
www.biomedsa.orgNTEE Category
Code: S31 - Community improvement
If you are a representative of Biomed Sa 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.