Overview
What is Bioforward Inc?
Bioforward Inc, based in Madison, Wisconsin, is a nonprofit organization situated at 440 Science Drive 403. Their primary mission is to foster the expansion of biotechnology industries within Wisconsin. They achieve this through various services, programs, publications, and conferences, as stated in their description. The organization is actively promoting growth in the biotech sector by directly investing in events like the Annual Wisconsin Bioscience Summit Conference, which provides vital information and networking opportunities. With a team of six dedicated employees, Bioforward Inc is committed to contributing to the advancement of biotechnology in Wisconsin.
Official website here: www.bioforward.org
Is Bioforward Inc legitimate?
Bioforward Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bioforward 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $240,138
Professional Fundraising Fees: $0
Other Salaries and Wages: $313,897
For more financial information, click here
Official website here: www.bioforward.org
What is the mission statement of Bioforward Inc?
BioForward Inc's mission is centered around promoting the growth of the biohealth industries. They achieve this objective through various means, including offering services, organizing programs, and publishing relevant materials. Additionally, they host conferences, such as the Annual Wisconsin Bioscience Summit, which provide valuable information and networking opportunities within the biotechnology sector. It's important to note that their activities are focused solely on direct program expenses, excluding indirect costs like staff allocation.
Official website here: www.bioforward.org
Who is the CEO of Bioforward Inc?
Lisa Johnson is the Past Chair of Bioforward Inc. The CEO's salary of Bioforward Inc is $223,863 and their total compensation is $240,138.
Official website here: www.bioforward.org
What is the revenue of Bioforward Inc?
Bioforward Inc's revenue in 2022 was $1,412,017.
Official website here: www.bioforward.org
Who are the executives of Bioforward Inc and what are their salaries?
The average compensation at Bioforward Inc during 2022 was $92,339. There are 6 employees and 19 volunteers at Bioforward Inc.
Here are 20 key members and their salaries (Bioforward Inc's CEO's salary is $223,863 and their total compensation is $240,138):
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- Compensation: $223,863
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Official website here: www.bioforward.org
Where can I find the form 990 for Bioforward Inc?
Bioforward Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bioforward.org
Learn more at the official website: www.bioforward.org
Mission Statement of Bioforward Inc
Bioforward Inc, a prominent organization, is dedicated to fostering the growth of biohealth industries within Wisconsin. Their mission is multifaceted, encompassing the provision of services, programs, publications, and conferences. The primary objective of Bioforward Inc is to stimulate the expansion of the biohealth sector in Wisconsin, thereby contributing to the overall development and advancement of the industry.
To achieve this mission, Bioforward Inc employs a variety of strategies. One of their most notable initiatives is the annual Wisconsin Bioscience Summit Conference. This event serves as a platform for sharing information and fostering networking opportunities in the field of biotechnology. By attending this conference, industry professionals and enthusiasts can stay updated on the latest trends, innovations, and developments in the biohealth sector.
The mission of Bioforward Inc is not limited to these activities. They also invest in publications, providing valuable resources and insights to industry stakeholders. These publications help to disseminate knowledge, foster collaboration, and promote the growth of the biohealth industries in Wisconsin. Moreover, Bioforward Inc organizes conferences, which serve as platforms for experts to share their research and findings, thereby driving innovation and progress in the sector.
In summary, Bioforward Inc is a mission-driven organization committed to promoting the growth of biohealth industries in Wisconsin. They achieve this by providing a range of services, programs, publications, and conferences. The annual Wisconsin Bioscience Summit Conference is a significant initiative, offering information and networking opportunities in the field of biotechnology. Bioforward Inc's publications provide valuable resources and insights, while their conferences serve as platforms for sharing research and driving innovation in the sector.
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Impact
October, 2024
Bioforward Inc significantly enhances the biohealth landscape in Wisconsin by promoting the growth of the state's biomanufacturing and biotechnology sectors. It organizes the annual Wisconsin Bioscience Summit Conference, a pivotal event that facilitates valuable networking opportunities and provides critical information to industry stakeholders. This conference serves as a platform for knowledge exchange and collaboration, fostering innovation and advancement within the biohealth sector. Through its various services, programs, and publications, Bioforward Inc plays an essential role in supporting the development of biotechnological initiatives, ultimately driving progress in health-related research and solutions in the region.
This information is meant to be a general summary of Bioforward Inc. 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: $1,111
- Program Service Revenue: $1,410,906
- Gross Receipts: $1,412,017
Assets and Liabilities:
- Total Assets: $1,687,714
- Total Liabilities: $540,373
- Net Assets: $1,147,341
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER SPONSORSHIPS
Revenue
$883,211
MEMBERSHIP DUES
Revenue
$373,975
ANNUAL WISCONSIN BIOSC
Revenue
$153,720
Organization Details
Founding Year
1995
Phone
(608) 236-4693Principal Officer
Lisa Johnson
Main Address
440 SCIENCE DRIVE 403, MADISON, WI, 53711
Website
www.bioforward.orgNTEE Category
Code: G92Z - Disease
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