Overview
What is The Biotechnology Association Of Alabama?
The Biotechnology Association of Alabama, abbreviated as BIOALABAMA, is a statewide organization based in Arab, Alabama. Its primary mission is to foster, develop, and support the life sciences sector in Alabama. This is achieved through hosting scientific symposiums, networking opportunities, student outreach programs, and legislative receptions in support of its members and Alabama's biotechnology industry. BIOALABAMA aims to create a favorable scientific, business, and legislative environment that will facilitate the growth of emerging and existing biotechnology companies in Alabama, while attracting new opportunities to the state. Furthermore, the association strives to increase public awareness regarding the potential impact of biotechnology on quality of life and the state's economy. With a dedicated workforce of one employee, BIOALABAMA is committed to promoting biotechnology innovation in Alabama.
Official website here: www.bioalabama.com
Is The Biotechnology Association Of Alabama legitimate?
The Biotechnology Association Of Alabama is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Biotechnology Association Of Alabama 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: $67,789
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bioalabama.com
What is the mission statement of The Biotechnology Association Of Alabama?
The Biotechnology Association of Alabama's mission is to foster biotechnology innovation by establishing a conducive scientific, business, and legislative environment. This environment aims to support the growth of both emerging and established biotechnology companies. By doing so, the association aims to attract new biotechnology opportunities to Alabama. Additionally, it works towards increasing public awareness regarding the potential impact of biotechnology on quality of life and the state's economy.
Official website here: www.bioalabama.com
Who is the CEO of The Biotechnology Association Of Alabama?
Dr Jeremy Banks is the Director of The Biotechnology Association Of Alabama. The CEO's salary of The Biotechnology Association Of Alabama is $67,789 and their total compensation is $67,789.
Official website here: www.bioalabama.com
What is the revenue of The Biotechnology Association Of Alabama?
The Biotechnology Association Of Alabama's revenue in 2022 was $300,523.
Official website here: www.bioalabama.com
Who are the executives of The Biotechnology Association Of Alabama and what are their salaries?
The average compensation at The Biotechnology Association Of Alabama during 2022 was $67,789. There is 1 employee and 36 volunteers at The Biotechnology Association Of Alabama.
Here are 37 key members and their salaries (The Biotechnology Association Of Alabama's CEO's salary is $67,789 and their total compensation is $67,789):
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Official website here: www.bioalabama.com
Where can I find the form 990 for The Biotechnology Association Of Alabama?
The Biotechnology Association Of Alabama's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bioalabama.com
Learn more at the official website: www.bioalabama.com
Mission Statement of The Biotechnology Association Of Alabama
The Biotechnology Association of Alabama, often referred to as BIO Alabama, is dedicated to promoting biotechnology innovation. Their mission is twofold: firstly, they aim to create a conducive scientific, business, and legislative environment. This environment is designed to facilitate the growth of both emerging and established biotechnology companies in Alabama. Secondly, BIO Alabama seeks to attract new biotechnology opportunities to the state. By doing so, they aim to increase public awareness about the potential impact of biotechnology on quality-of-life and the state's economy. In essence, BIO Alabama is an advocate for the growth and development of the biotechnology sector in Alabama, with a focus on fostering a supportive environment and raising public awareness of its potential benefits.
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Impact
October, 2024
The Biotechnology Association of Alabama significantly impacts the state’s biotechnology sector by fostering innovation and supporting the growth of both emerging and established companies. By representing a diverse array of stakeholders—including bio-related industries, research scientists, clinicians, and business professionals—the organization plays a critical role in enhancing collaboration within the life sciences community.
Through the hosting of scientific events and providing valuable networking opportunities, the association facilitates partnerships and collaboration that drive advancements in biotechnology. This collaborative environment not only stimulates research and development but also attracts new opportunities and investments to Alabama's biotechnology landscape. Overall, the Association's efforts contribute to the development of a robust life sciences ecosystem, positioning Alabama as a competitive player in the biotechnology field.
This information is meant to be a general summary of The Biotechnology Association Of Alabama. 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: $437
- Program Service Revenue: $108,870
- Gross Receipts: $300,523
Assets and Liabilities:
- Total Assets: $330,750
- Total Liabilities: $1,252
- Net Assets: $329,498
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIPS
Revenue
$67,440
ANNUAL CONFERENCE
Revenue
$41,430
Organization Details
Founding Year
1997
Phone
(205) 919-2370Principal Officer
Dr Jeremy Banks
Main Address
PO BOX 583, ARAB, AL, 35016
Website
www.bioalabama.comNTEE Category
Code: U03 - Science research
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