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Biostl

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

EIN: 452137574 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Biostl?

Biostl is a nonprofit organization situated in St. Louis, Missouri, specifically at 4340 DUNCAN 100. Its primary mission is to foster the growth of St. Louis' prosperity by cultivating a thriving bioscience sector. Biostl achieves this by building regional capacity, nurturing a collaborative environment, and focusing community leadership and resources on the unique convergence of St. Louis' corporate, university, and entrepreneurial strengths in medical and plant bioscience. By providing funding and support to organizations and entrepreneurs/founders in the fields of biotechnology, life sciences, healthcare, and other technologies, Biostl aims to assist in establishing successful and sustainable biosciences companies within the St. Louis community.


Official website here: www.biostl.org

What are the reviews and ratings of this charity?

Biostl has received a commendable Four-Star out of Four Star rating from Charity Navigator, scoring 92%. This high rating reflects a strong emphasis on Accountability & Finance, indicating that the organization adheres to rigorous standards in managing its resources responsibly. The majority of its board members are independent, ensuring that decision-making is unbiased, and it boasts impressive metrics like an 87.68% Program Expense Ratio, indicating a strong focus on fulfilling its mission rather than on administrative costs.

The organization has demonstrated transparent financial practices, with no material diversion of assets reported. Moreover, the absence of liabilities relative to assets further highlights its financial stability. However, it is worth noting that while several aspects are well-scored, the impact and measurement, as well as culture and community categories, have not yet been evaluated, which may limit insights into its broader effectiveness and community engagement.

Unfortunately, user reviews from GreatNonprofits could not be fetched, limiting perspectives from individuals who have interacted with Biostl. Overall, the data suggests a well-managed nonprofit with a robust financial framework, though more qualitative feedback from the community could further enhance understanding of its impact.


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

Is Biostl legitimate?

Biostl is a legitimate nonprofit organization registered as a 501(c)(3) entity. Biostl 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: $886,289
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,756,277

For more financial information, click here


Official website here: www.biostl.org

What is the mission statement of Biostl?

Biostl aims to enhance prosperity by nurturing a thriving bioscience sector. They accomplish this by building regional capacity, fostering a collaborative environment, and focusing on community leadership and resources. Biostl capitalizes on the unique convergence of a community's corporate, university, and entrepreneurial strengths in medical and plant bioscience. The organization provides funding and support to organizations and entrepreneurs in fields such as biotechnology, life sciences, healthcare, and other technologies where the community has distinct strengths. Their goal is to assist in establishing successful, sustainable biosciences companies in the community.


Official website here: www.biostl.org

Who is the CEO of Biostl?

Donn Rubin is the President, Secretary, Treasurer of Biostl.


Official website here: www.biostl.org

What is the revenue of Biostl?

Biostl's revenue in 2022 was $8,758,106.


Official website here: www.biostl.org

Who are the executives of Biostl and what are their salaries?

There 7 volunteers at Biostl.


Here are 12 key members and their salaries:


Donn Rubin (President, Secretary, Treasurer)
  • Compensation: $490,275
  • Related: $83,600
  • Other: $130,872
Vijay Chauhan (Globalstl Lead)
  • Compensation: $250,952
  • Related: $0
  • Other: $53,451
Christina Green (Vice President, Finance & Hr)
  • Compensation: $211,159
  • Related: $0
  • Other: $42,683
Ben Johnson (Vice President, Programs)
  • Compensation: $194,077
  • Related: $0
  • Other: $53,459
Mike Higgins (Vice President, Development)
  • Compensation: $176,871
  • Related: $0
  • Other: $51,692
John Mcdonnell (Board Member/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Liekweg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Martin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr David Perlmutter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodger Riney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelvin Westbrook (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.biostl.org

Where can I find the form 990 for Biostl?

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


Official website here: www.biostl.org

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

Mission Statement of Biostl

Biostl, an organization dedicated to advancing prosperity, plays a pivotal role in cultivating a thriving bioscience sector. Their mission is multi-faceted, focusing on building regional capacity, nurturing a collaborative environment, and leveraging community leadership and resources. Biostl capitalizes on the unique convergence of St. Louis' corporate, university, and entrepreneurial strengths in medical and plant bioscience. They aim to support organizations and entrepreneurs in the fields of biotechnology, life sciences, healthcare, and other technologies where St. Louis has recognized strengths. Biostl's mission is to help establish successful, sustainable biosciences companies within the St. Louis community, contributing to the growth and prosperity of the sector as a whole.

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Impact




July, 2024

Biostl's impact can be seen in its role in advancing St. Louis' prosperity through the cultivation of a thriving bioscience sector. By building regional capacity, nurturing a collaborative environment, and focusing community leadership and resources, Biostl aims to capitalize on the unique convergence of St. Louis' corporate, university, and entrepreneurial strengths in medical and plant bioscience. The organization provides funding and support to organizations and entrepreneurs in the fields of biotechnology, life sciences, healthcare, and other technologies where the St. Louis community has strengths. By assisting in the creation and attraction of companies in these industries, Biostl contributes to the growth and sustainability of the biosciences sector in St. Louis and the surrounding community.




This information is meant to be a general summary of Biostl. 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
$8,758,106 (2022)
Expenses
$11,065,481 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$604,869
  • Program Service Revenue: $80,697
  • Gross Receipts: $17,094,814

Assets and Liabilities:

  • Total Assets: $9,680,816
  • Total Liabilities: $4,584
  • Net Assets: $9,676,232

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Programs

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

CONFERENCES & EVENTS

Revenue

$80,697

Organization Details

Founding Year

2011

Principal Officer

Donn Rubin

Main Address

4340 DUNCAN 100, ST LOUIS, MO, 63110

NTEE Category

Code: B05 - Education

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