Cvillebiohub

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

EIN: 814552620 ✦ Charlottesville, VA ✦ Designated as a 501(c)(6)

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Overview

What is Cvillebiohub?

Cvillebiohub is a nonprofit organization situated in Charlottesville, Virginia, with a focus on supporting the local biotechnology industry. Established with a mission to engage, resource, and educate, the organization has launched various initiatives to achieve this goal. These include publishing an industry report, launching a website and career board for industry networking, implementing an Entrepreneur-in-Residence program for early-stage concepts, and connecting companies with interns. In addition, they have hosted webinars on innovation and offered ongoing networking, resourcing, and education for the regional biotechnology industry cluster. The organization has expanded its board of directors to further strengthen its impact in the Charlottesville area. With a dedicated team of just two individuals, Cvillebiohub plays a significant role in bolstering the local biotechnology sector.


Official website here: www.cvillebiohub.org

Is Cvillebiohub legitimate?

Cvillebiohub is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cvillebiohub 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cvillebiohub.org

What is the mission statement of Cvillebiohub?

Cvillebiohub's mission is centered around strengthening the biotechnology industry. They accomplish this through various means, primarily engagement, resourcing, and education. By launching an industry report, creating a career board, initiating an Entrepreneur-in-Residence program, connecting companies with interns, hosting webinars, and providing ongoing networking and education, Cvillebiohub is actively contributing to the growth and development of the biotechnology sector. The organization has also expanded its board of directors, further demonstrating its commitment to the industry.


Official website here: www.cvillebiohub.org

Who is the CEO of Cvillebiohub?

Nikki Hastings is the Executive Di of Cvillebiohub.


Official website here: www.cvillebiohub.org

What is the revenue of Cvillebiohub?

Cvillebiohub's revenue in 2021 was $465,795.


Official website here: www.cvillebiohub.org

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

The average compensation at Cvillebiohub during 2021 was $35,000. There are 2 employees and 10 volunteers at Cvillebiohub.


Here are 7 key members and their salaries:


Nikki Hastings (Executive Di)
  • Compensation: $70,000
  • Related: $0
  • Other: $0
Taylor Cope (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Payam Pourtaheri (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Evans (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Goldsmith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Krouse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Klees (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cvillebiohub.org

Where can I find the form 990 for Cvillebiohub?

Cvillebiohub's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.cvillebiohub.org

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

Mission Statement of Cvillebiohub

CvilleBiohub, a prominent organization, is committed to enhancing the Charlottesville-area biotechnology industry. Their mission lies in fostering engagement, providing resources, and offering education to strengthen this sector. This involves engaging various stakeholders within the industry, offering necessary resources, and delivering educational opportunities. By doing so, CvilleBiohub aims to elevate the biotechnology industry in the Charlottesville area, ultimately contributing to its growth and development.

In pursuit of this mission, CvilleBiohub has taken several strategic initiatives. They have published an industry report, benchmarking the activity within the sector. This report serves as a valuable tool for industry players, offering insights into the current state and potential areas of improvement. Furthermore, they have launched a new website and career board, creating a platform for companies and potential talent to connect and collaborate. This digital hub simplifies the process of finding suitable candidates for open positions, thereby contributing to the industry's growth.

Beyond digital initiatives, CvilleBiohub has also introduced an Entrepreneur-in-Residence program. This program provides assistance to early-stage concepts and founders, offering them invaluable guidance and support as they navigate the challenges of establishing a successful biotechnology startup. Additionally, they have connected companies with interns through their CHIP Internship Program, providing opportunities for students to gain practical experience within the industry.

In summary, CvilleBiohub is an organization dedicated to strengthening the Charlottesville-area biotechnology industry. They achieve this by engaging stakeholders, providing resources, and offering education. Their initiatives, such as industry reports, digital platforms, and mentorship programs, contribute significantly to the growth and development of the sector, ultimately benefiting the wider community.

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Impact




October, 2024

Cvillebiohub significantly strengthens the biotechnology industry in the Charlottesville area through a variety of impactful initiatives. By launching an industry report, they benchmark local activity and provide valuable insights that inform growth and development within the sector. Their newly established website and career board serve as vital resources, connecting innovative companies with talented professionals, thereby facilitating job placements and career advancements.

The organization promotes entrepreneurship through its Entrepreneur-in-Residence program, which supports early-stage concepts and founders in navigating the challenges of launching a biotech venture. Additionally, the CHIP internship program connects companies with interns, fostering skill development and providing a pipeline of talent for the industry.

Cvillebiohub also enhances community knowledge and innovation through a series of webinars, offering ongoing networking and educational opportunities. By expanding its Board of Directors, the organization strengthens its leadership and strategic vision, ensuring that it remains responsive to the needs of the local biotech community. Overall, Cvillebiohub plays a pivotal role in fostering collaboration, innovation, and growth within the biotechnology ecosystem in Charlottesville.




This information is meant to be a general summary of Cvillebiohub. 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
$465,795 (2021)
Expenses
$445,558 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $465,795

Assets and Liabilities:

  • Total Assets: $117,498
  • Total Liabilities: $49,209
  • Net Assets: $68,289

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Organization Details

Founding Year

2016

Principal Officer

Nikki Hastings

Main Address

700 HARRIS STREET SUITE 102, CHARLOTTESVILLE, VA, 22903

NTEE Category

Code: S30 - Community improvement

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