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Bionexus Kc

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

EIN: 431889037 ✦ Kansas city, MO ✦ Designated as a 501(c)(3)

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Overview

What is Bionexus Kc?

Bionexus KC is a nonprofit organization that utilizes life sciences innovation and collaboration to tackle significant health challenges. It serves as a platform that encourages professionals from various fields to work together towards healthcare innovation. The organization's focus extends to areas such as bioinformatics and cancer research, striving to transform emerging technologies from concept to reality. The KC region, under Bionexus KC's leadership, stands out as a global hub where human and animal health intersect, benefitting the community's citizens and economy. The organization's mission is to highlight the value of life sciences resources to the community through collaboration and commercialization, fostering opportunities at the intersection of human and animal health, urban and rural health, academia, and industry in Kansas and Missouri.


Official website here: www.bionexuskc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Bionexus KC has achieved an impressive 96% rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. This high score is derived solely from their performance in accountability and finance metrics, indicating that the organization maintains rigorous standards in these areas. A Four-Star rating signifies that Bionexus KC is among the top-performing nonprofits, ensuring that contributions are managed with integrity.

Strengths of Bionexus KC include a predominantly independent board of directors, with 92% independence, which enhances their governance and decision-making processes. Additionally, the charity demonstrates excellent financial practices, evidenced by a program expense ratio of 77.28%, meaning that a significant portion of their funding directly supports their programs. Other commendable practices include a comprehensive audit and oversight committee, clear conflict of interest policies, and documented board meeting minutes.

While the data does not indicate specific limitations, the overall success of Bionexus KC emphasizes their focus on maintaining high standards in financial management and transparency. This reinforces their credibility as a nonprofit organization dedicated to effective service delivery in their mission.


This AI summary has been generated from information found on Charity Navigator.

Is Bionexus Kc legitimate?

Bionexus Kc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bionexus Kc 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: $393,297
Professional Fundraising Fees: $0
Other Salaries and Wages: $350,797

For more financial information, click here


Official website here: www.bionexuskc.org

What is the mission statement of Bionexus Kc?

Bionexus, an organization focusing on life sciences innovation, aims to tackle significant challenges in healthcare, fostering a healthier and more prosperous future for all. They inspire individuals from various disciplines to collaborate towards a shared goal in healthcare innovation. Their efforts extend from bioinformatics to cancer research and beyond, promoting collaboration and facilitating the transition of emerging technologies from concept to reality. Bionexus highlights the value of life sciences resources within the community through collaboration and commercialization. They create opportunities at the intersection of human and animal health, urban and rural health, academia and industry, and Kansas and Missouri.


Official website here: www.bionexuskc.org

Who is the CEO of Bionexus Kc?

Dennis Ridenour is the President & Ceo of Bionexus Kc. The CEO's salary of Bionexus Kc is $229,315 and their total compensation is $261,980.


Official website here: www.bionexuskc.org

What is the revenue of Bionexus Kc?

Bionexus Kc's revenue in 2022 was $1,249,426.


Official website here: www.bionexuskc.org

Who are the executives of Bionexus Kc and what are their salaries?

The average compensation at Bionexus Kc during 2022 was $124,016. There are 6 employees and 43 volunteers at Bionexus Kc.


Here are 15 key members and their salaries (Bionexus Kc's CEO's salary is $229,315 and their total compensation is $261,980):


Dennis Ridenour (President & Ceo)
  • Compensation: $229,315
  • Related: $0
  • Other: $32,665
Anthony A Simpson (Managing Director, Kc Nexu)
  • Compensation: $146,030
  • Related: $0
  • Other: $0
Daniel Kennedy (Vice President)
  • Compensation: $115,273
  • Related: $0
  • Other: $16,043
William S Berkley (Director (Chair))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hargroves (Director (Treasurer & Secretary))
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Craig Brater (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Frantze (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irvine O Hockaday Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madeleine M Mcdonough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Sack Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne D St Peter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Stecklein Flynn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Stites Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Sweat Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Wilkerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bionexuskc.org

Where can I find the form 990 for Bionexus Kc?

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


Official website here: www.bionexuskc.org

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

Mission Statement of Bionexus Kc

Bionexus KC, a nonprofit organization, is dedicated to inspiring individuals from various disciplines to collaborate towards a common goal: healthcare innovation. The organization's mission is to stimulate collaboration in the field of life sciences, particularly in areas such as bioinformatics and cancer research. Bionexus KC aims to bring emerging technologies from concept to reality, contributing to the development of a healthier and more prosperous future for all. The organization's efforts are focused on highlighting the value of life sciences resources in the community through collaboration and commercialization. Bionexus KC operates at the nexus of human and animal health, urban and rural health, academia and industry, and Kansas and Missouri, aiming to create opportunities that benefit these interconnected sectors.

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Impact




July, 2024

Bionexus KC harnesses the power of life sciences innovation and collaboration to tackle significant challenges, ensuring a healthier and more prosperous future for all. By inspiring thinkers from various fields to unite in the pursuit of healthcare innovation, from bioinformatics to cancer research and beyond, the organization stimulates collaboration and facilitates the transition of emerging technologies from ideas to reality. Led by Dennis Ridenour, Bionexus KC plays a pivotal role in bringing together the diverse resources of the Kansas City region to advance human and animal health, benefiting both citizens and the economy. Through highlighting the value of life sciences resources and fostering collaboration and commercialization, Bionexus KC creates opportunities at the intersection of human and animal health, urban and rural health, academia and industry, and the states of Kansas and Missouri.




This information is meant to be a general summary of Bionexus Kc. 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
$1,249,426 (2022)
Expenses
$1,395,206 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,866
  • Program Service Revenue: $120,756
  • Gross Receipts: $2,003,138

Assets and Liabilities:

  • Total Assets: $1,124,416
  • Total Liabilities: $0
  • Net Assets: $1,124,416

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Programs

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

EDA B2S PROGRAM AWARDS

Revenue

$120,756

Organization Details

Founding Year

2000

Principal Officer

Dennis Ridenour

Main Address

30 W PERSHING ROAD 210, KANSAS CITY, MO, 64108

NTEE Category

Code: U11 - Science research

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