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Ibio Institute

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

EIN: 320092551 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Ibio Institute?

Ibio Institute is a nonprofit organization situated in Chicago, Illinois. Its primary focus is to bridge the gap between classroom learning and real-world biotechnology through industry-led science and math programs, inspiring future innovators and contributing to the restoration of America's technology education leadership. The organization aims to establish a globally recognized biotechnology center in Chicago and the surrounding Midwest region. Furthermore, Ibio Institute orchestrates business leadership in delivering top-notch educational programs and fostering job-creating new technology ventures.


Official website here: www.ibioinstitute.org

Is Ibio Institute legitimate?

Ibio Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ibio Institute 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: $133,203

For more financial information, click here


Official website here: www.ibioinstitute.org

What is the mission statement of Ibio Institute?

The Ibio Institute's mission is to establish a globally renowned biotechnology center, fostering business leadership in delivering top-notch educational programs and catalyzing the creation of new technology ventures. Through its educational initiatives, the institute offers industry-aligned science and math programs to teachers and students, bridging the gap between classrooms and real-world biotechnology and science-based industries, thereby inspiring the next generation of innovators and contributing to the restoration of America's leadership in technology education.


Official website here: www.ibioinstitute.org

Who is the CEO of Ibio Institute?

John Conrad is the Corporate Secretary of Ibio Institute. The CEO's salary of Ibio Institute is $0 and their total compensation is $0.


Official website here: www.ibioinstitute.org

What is the revenue of Ibio Institute?

Ibio Institute's revenue in 2022 was $304,309.


Official website here: www.ibioinstitute.org

Who are the executives of Ibio Institute and what are their salaries?

There 40 volunteers at Ibio Institute.


Here are 29 key members and their salaries (Ibio Institute's CEO's salary is $0 and their total compensation is $0):


Steven Ducommun (Corporate Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blair Komasinski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayebeth Hadfield (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen Johnson (Past Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norbert Riedel Phd (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
James White (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bathery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Bergau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drue Duncan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Flavin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Flowers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Gattari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashish Khanna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Lyne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Tobler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tres Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sabus (Past Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Rowland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rahul Jerath (New Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Johnson (New Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Messner (New Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Sullivan (New Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Tennant (New Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Whalen (New Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Larson (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Vetter (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Conrad (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Vogel (Senior Vp, Educate)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ibioinstitute.org

Where can I find the form 990 for Ibio Institute?

Ibio Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibioinstitute.org

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

Mission Statement of Ibio Institute

Ibio Institute, a globally recognized biotechnology center, is dedicated to orchestrating business leadership in the delivery of world-class educational programs and job-creating new technology ventures. Its mission is multifaceted, encompassing the education sector. The institute delivers industry-led science and math programs to teachers and students, bridging the gap between classrooms and the real world of biotechnology and science-based industries. This approach not only inspires the next generation of innovators but also helps restore America's leadership in technology education. By doing so, Ibio Institute plays a significant role in nurturing future leaders in the field of biotechnology and science.

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Impact




October, 2024

The Ibio Institute is making a significant impact by establishing a globally recognized biotechnology center in Chicago and the surrounding Midwest region. This initiative is focused on delivering industry-led science and math programs that connect classroom learning to real-world biotechnology applications. By educating teachers and students, the Ibio Institute inspires the next generation of innovators and plays a crucial role in restoring America's leadership in technology education.

Additionally, the Institute fosters business leadership in the creation of world-class educational programs that contribute to job creation and the development of new technology ventures. Through these efforts, the Ibio Institute not only enhances the educational landscape but also strengthens the biotechnology sector, fostering economic growth in the region.




This information is meant to be a general summary of Ibio Institute. 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
$304,309 (2022)
Expenses
$554,711 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $219,070
  • Gross Receipts: $304,309

Assets and Liabilities:

  • Total Assets: $581,603
  • Total Liabilities: $314,180
  • Net Assets: $267,423

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Programs

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

STEM KITS

Revenue

$219,070

Organization Details

Founding Year

2003

Principal Officer

John Conrad

Main Address

400 N ABERDEEN ST 900, CHICAGO, IL, 60642

NTEE Category

Code: U300 - Science research

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