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Forward Biolabs Inc

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

EIN: 823817912 ✦ Madison, WI ✦ Designated as a 501(c)(3)

Overview

What is Forward Biolabs Inc?

Forward Biolabs Inc, located in Madison, Wisconsin, is a nonprofit organization that offers a fully-equipped, maintained, and supported life science lab for early-stage biotechnology companies. Its primary mission is to accelerate translational research, foster state-wide economic development, and create jobs. This is achieved by operating a state-of-the-art laboratory, which is shared by innovative, early-stage biotechnology companies associated with the University of Wisconsin-Madison and other life-science research organizations. Furthermore, Forward Biolabs provides education and mentoring to these companies, supporting their translational life-science research endeavors.


Official website here: www.forwardbiolabs.org

Is Forward Biolabs Inc legitimate?

Forward Biolabs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forward Biolabs 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.

Here are some key statistics you may want to consider:

Executive Compensation: $208,117
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,661

For more financial information, click here


Official website here: www.forwardbiolabs.org

What is the mission statement of Forward Biolabs Inc?

Forward Biolabs Inc is committed to accelerating translational research in the field of biotechnology. They aim to achieve this by operating a fully-equipped, state-of-the-art laboratory, which they share with innovative, early-stage biotechnology companies associated with the University of Wisconsin-Madison and other life-science research organizations. This shared facility is intended to foster economic development at a state level and create job opportunities. Furthermore, Forward Biolabs provides education and mentoring to these early-stage biotechnology companies engaged in translational life-science research.


Official website here: www.forwardbiolabs.org

Who is the CEO of Forward Biolabs Inc?

Jessica Martin Eckerly is the Ceo & Secretary of Forward Biolabs Inc. The CEO's salary of Forward Biolabs Inc is $164,167 and their total compensation is $203,509.


Official website here: www.forwardbiolabs.org

What is the revenue of Forward Biolabs Inc?

Forward Biolabs Inc's revenue in 2022 was $895,538.


Official website here: www.forwardbiolabs.org

Who are the executives of Forward Biolabs Inc and what are their salaries?

Here are 7 key members and their salaries (Forward Biolabs Inc's CEO's salary is $164,167 and their total compensation is $203,509):

    Jessica Martin Eckerly (Ceo & Secretary) [Trustee/Director]
  • Compensation: $164,167
  • Related: $0
  • Other: $39,342

    • Aaron Olver (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Drape (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Christianson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Partsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Livelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.forwardbiolabs.org

    Where can I find the form 990 for Forward Biolabs Inc?

    The Forward Biolabs Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.forwardbiolabs.org

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

    Mission Statement of Forward Biolabs Inc

    Forward Biolabs Inc, a forward-thinking organization, is dedicated to accelerating translational research and fostering economic development at a state level. They achieve this by operating a fully-equipped, state-of-the-art laboratory, serving as a shared space for innovative, early-stage biotechnology companies associated with the University of Wisconsin-Madison and other life-science research organizations. This collaborative environment encourages the growth of these companies, ultimately leading to the creation of new jobs in the sector.

    Beyond providing a physical space, Forward Biolabs Inc also offers educational and mentoring programs to these early-stage biotechnology companies engaged in translational life-science research. This holistic approach not only supports the development of groundbreaking research but also equips these companies with the necessary tools and guidance to navigate the complex world of translational science. In essence, Forward Biolabs Inc is committed to driving innovation, spurring economic growth, and fostering job creation within the biotechnology sector through its unique blend of laboratory facilities and educational support.

    Impact

    This information is meant to be a general summary of Forward Biolabs Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Forward Biolabs Inc's impact is significant in accelerating translational research, fostering state-wide economic development, and creating job opportunities. By providing a fully equipped and supported life science laboratory for innovative, early-stage biotechnology companies, Forward Biolabs plays a crucial role in advancing cutting-edge research and technology. Additionally, the organization offers education and mentoring to support the growth and success of emerging biotech firms engaged in translational life science research. Through its activities, Forward Biolabs contributes to the vitality and innovation of the life science industry, driving economic growth and creating a supportive environment for life science entrepreneurs in Madison, Wisconsin.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $629,213
  • Gross Receipts: $895,538

    • Assets and Liabilities:
  • Total Assets: $2,187,908
  • Total Liabilities: $66,723
  • Net Assets: $2,121,185
  • Programs

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

    MEMBER FEE REVENUE

    Revenue

    $629,213

    Organization Details

    Founding Year

    2017

    Principal Officer

    Jessica Martin Eckerly

    Main Address

    504 S ROSA RD 200, MADISON, WI, 53719

    NTEE Category

    Code: U50 - Science research

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