Overview
What is Society For Industrial Microbiology And Biotechnology?
The Society for Industrial Microbiology and Biotechnology (SIMB) is a nonprofit organization situated in Fairfax, Virginia. With a team of seven dedicated individuals, SIMB's primary objective is to advance microbiological sciences in the context of industrial materials and processes. They achieve this by fostering scientific information exchange through their publications and communications. SIMB's quarterly magazine, SIMB News, and its website, are important channels for disseminating this information. Additionally, SIMB produces the peer-reviewed Journal of Industrial Microbiology and Biotechnology in collaboration with Oxford University Press, which is made available to its members and other organizations. Throughout the year, SIMB supports its membership by providing resources and services, as evidenced by their active participation in events such as their annual meeting and conferences, including the 44th Annual Symposium on Biomaterials, Fuels, and Chemicals, and the 14th Recent Advances in Fermentation Technology Conference.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Star rating.
The Society For Industrial Microbiology And Biotechnology has received an excellent rating of 93%, reflecting a strong commitment to accountability and financial health. With a perfect score of 100% for having an independent board, the organization demonstrates a robust governance structure. Their financial oversight is evident, as they scored 15 out of 15 for audit and oversight committee practices, indicating a high level of transparency and responsible management of resources.
In terms of program expenses, the organization allocates approximately 69.23% of its budget directly to its mission-related programs, which is a commendable figure that shows effective use of funds. The absence of material diversion of assets and the presence of comprehensive policies for conflict of interest, whistleblower protection, and document retention further bolster their credibility.
However, while the organization appears to be operating efficiently and ethically, continued vigilance in maintaining these high standards will be essential as they manage ongoing operational challenges and seek to expand their impact in the field of industrial microbiology and biotechnology.
This AI summary has been generated from information found on Charity Navigator.
Is Society For Industrial Microbiology And Biotechnology legitimate?
Society For Industrial Microbiology And Biotechnology is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society For Industrial Microbiology And Biotechnology 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: $105,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $333,864
For more financial information, click here
What is the mission statement of Society For Industrial Microbiology And Biotechnology?
The Society for Industrial Microbiology and Biotechnology (SIMB) is dedicated to promoting the advancement of microbiological sciences as they apply to industrial materials and processes. This organization plays a crucial role in facilitating the exchange of scientific information within its specialized field of microbiology. SIMB achieves this objective through its publications and serves as a liaison among professionals within the field. During 2022, SIMB published its member magazine quarterly, both in print and online. It also produced the peer-reviewed journal of Industrial Microbiology and Biotechnology via Oxford University Press, which was made available to its members and other organizations. In addition, SIMB held its annual meeting and two special conferences, the SBFC and RAFT conference, providing support and information services to its membership throughout the year.
Who is the CEO of Society For Industrial Microbiology And Biotechnology?
Haley Cox is the Executive Dir. of Society For Industrial Microbiology And Biotechnology.
What is the revenue of Society For Industrial Microbiology And Biotechnology?
Society For Industrial Microbiology And Biotechnology's revenue in 2022 was $1,318,054.
Who are the executives of Society For Industrial Microbiology And Biotechnology and what are their salaries?
The average compensation at Society For Industrial Microbiology And Biotechnology during 2022 was $62,695. There are 7 employees at Society For Industrial Microbiology And Biotechnology.
Here are 14 key members and their salaries:
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Where can I find the form 990 for Society For Industrial Microbiology And Biotechnology?
Society For Industrial Microbiology And Biotechnology's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Society For Industrial Microbiology And Biotechnology
The Society for Industrial Microbiology and Biotechnology, often referred to as SIMB, is dedicated to fostering the progression of microbiological sciences in an industrial context. Its primary objective is to act as a bridge between the specialized field of microbiology and various industrial materials and processes. To accomplish this, SIMB actively promotes the exchange of scientific information through its publications and serves as a liaison within the microbiology community.
By advocating for the advancement of microbiological sciences in an industrial setting, SIMB plays a crucial role in driving innovation and progress in numerous industries. Its mission is to create a platform for scientists and professionals to share their findings and collaborate on groundbreaking research. This collaborative approach enables the development of new technologies and applications in areas such as biomaterials, fuels, and chemicals.
In addition to promoting the exchange of scientific information, SIMB also provides valuable resources to its membership. Throughout the year, SIMB publishes its member magazine, SIMB News, both in print and online. Furthermore, it produces the peer-reviewed journal of Industrial Microbiology and Biotechnology via Oxford University Press, which is accessible to all SIMB members and other organizations. These resources serve as invaluable tools for staying informed about the latest developments in the field and for networking with other professionals.
Overall, the Society for Industrial Microbiology and Biotechnology is a vital organization that supports the advancement of microbiological sciences in an industrial setting. Through its publications, conferences, and support services, SIMB fosters collaboration, promotes scientific exchange, and provides valuable resources to its membership. By doing so, it plays a crucial role in driving innovation and progress in industries that rely on microbiology and biotechnology.
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Impact
October, 2024
The Society for Industrial Microbiology and Biotechnology (SIMB) significantly advances the field of microbiological sciences applied to industrial settings. By promoting the exchange of scientific knowledge through its publications and forums, SIMB serves as a vital connector among professionals in the specialized field of microbiology.
In 2022, SIMB published its member magazine, SIMB News, quarterly in both print and online formats, ensuring that members are kept informed of the latest developments. Additionally, the organization produced the peer-reviewed Journal of Industrial Microbiology and Biotechnology in collaboration with Oxford University Press, making cutting-edge research accessible to members and other organizations in the field.
SIMB's annual meeting and specialized conferences, such as the 44th Annual Symposium on Biomaterials, Fuels, and Chemicals and the 14th Recent Advances in Fermentation Technology Conference, foster collaboration, innovation, and networking among scientists and industry professionals. These events enable participants to share insights and advancements, driving progress within the microbiological industry.
Furthermore, SIMB's headquarters provides ongoing support and information services to its members, enhancing their research capabilities and professional development. Overall, SIMB plays a crucial role in advancing scientific research and development in microbiology, facilitating innovation that impacts various industrial processes and materials.
This information is meant to be a general summary of Society For Industrial Microbiology And Biotechnology. 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: -$5,779
- Program Service Revenue: $1,197,784
- Gross Receipts: $1,417,921
Assets and Liabilities:
- Total Assets: $1,136,832
- Total Liabilities: $306,930
- Net Assets: $829,902
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL MEETING
Revenue
$459,040
CAREER CENTER
Revenue
$14,406
PUBLICATIONS
Revenue
$160,488
SPECIAL CONFERENCE
Revenue
$544,150
VIRTUAL WORKSHOPS
Revenue
$19,700
Organization Details
Founding Year
1960
Phone
(703) 691-3357Principal Officer
Haley Cox
Main Address
3929 BLENHEIM BOULEVARD 92A, FAIRFAX, VA, 22030
NTEE Category
Code: U50Z - Science research
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