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Microbiome Therapeutic Innovation Group

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

EIN: 824927284 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Microbiome Therapeutic Innovation Group?

The Microbiome Therapeutic Innovation Group is a nonprofit organization situated in Washington D.C., specifically at 1001 Pennsylvania Avenue NW 1300N. Their primary objective is to advocate for the common business interests of microbiome therapeutics and microbiome-based product companies. They strive to promote their voice in the regulatory arena, working towards establishing clarification on matters such as clinical trial designs, endpoint selections, and evidential burdens. By utilizing collective power, they aim to enhance the regulatory, investment, and commercial environment for these types of products, ultimately improving their overall impact and accessibility.


Official website here: www.microbiometig.org

Is Microbiome Therapeutic Innovation Group legitimate?

Microbiome Therapeutic Innovation Group is a legitimate nonprofit organization registered as a 501(c)(6) entity. Microbiome Therapeutic Innovation Group 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.microbiometig.org

What is the mission statement of Microbiome Therapeutic Innovation Group?

The Microbiome Therapeutic Innovation Group's mission is to advocate for the collective interests of companies involved in microbiome therapeutics and microbiome-based product development. Their goal is to improve the regulatory, investment, and commercial environment for these sectors by seeking regulatory clarity on issues such as clinical trial designs, endpoint selections, and evidential burdens. The group utilizes its collective power to promote policies that can benefit the microbiome therapeutics and microbiome-based product industries. Their activities primarily involve lobbying on behalf of these companies to ensure their interests are represented and considered in relevant policies and decisions.


Official website here: www.microbiometig.org

Who is the CEO of Microbiome Therapeutic Innovation Group?

Tom Fagley is the Chairman of Microbiome Therapeutic Innovation Group.


Official website here: www.microbiometig.org

What is the revenue of Microbiome Therapeutic Innovation Group?

Microbiome Therapeutic Innovation Group's revenue in 2022 was $394,988.


Official website here: www.microbiometig.org

Who are the executives of Microbiome Therapeutic Innovation Group and what are their salaries?


Here are 13 key members and their salaries:


Nikole Kimes Ph D (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Blount Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Henn Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronny Hermansen Msba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernat Olle Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Schneider Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Wills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Wayne Finlayson Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morten Isaksen Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Honaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kim (Regulatory Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Fagley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Conafay (Washington Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.microbiometig.org

Where can I find the form 990 for Microbiome Therapeutic Innovation Group?

Microbiome Therapeutic Innovation Group's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.microbiometig.org

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

Mission Statement of Microbiome Therapeutic Innovation Group

The Microbiome Therapeutic Innovation Group, in its mission, serves as an advocate for the collective business interests of microbiome therapeutics and microbiome-based product companies. Its primary objective is to utilize its collective power to improve the regulatory, investment, and commercial environment for these sectors. The group aims to seek regulatory clarity on issues such as clinical trial designs, endpoint selections, and evidential burdens, thereby promoting the growth and development of the microbiome therapeutics and microbiome-based products industry. By doing so, the Microbiome Therapeutic Innovation Group strives to represent and promote the voice of these companies, providing valuable guidance and policies that can pave the way for their success.

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Impact




October, 2024

The Microbiome Therapeutic Innovation Group significantly influences the regulatory landscape for microbiome therapeutics and products. By representing and advocating for the common business interests of the industry, the organization works diligently to provide guidance and clarity on critical regulatory issues. This includes helping to shape clinical trial designs, endpoint selections, and evidential burdens, ensuring that companies can more effectively navigate the complex regulatory environment.

Their collaborative efforts enhance the investment and commercial climate for microbiome-based innovations, fostering an environment conducive to research and development. This not only supports the growth of the microbiome sector but also ultimately benefits patients and communities by facilitating the development of new therapeutic options. Through lobbying and advocacy, the group amplifies the industry's voice, pushing for policies that streamline processes and encourage innovation, thereby driving progress in the field of microbiome therapeutics.




This information is meant to be a general summary of Microbiome Therapeutic Innovation Group. 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
$394,988 (2022)
Expenses
$543,529 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8
  • Gross Receipts: $394,988

Assets and Liabilities:

  • Total Assets: $59,163
  • Total Liabilities: $0
  • Net Assets: $59,163

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Organization Details

Founding Year

2017

Principal Officer

Tom Fagley

Main Address

1001 PENNSYLVANIA AVE NW 1300N, WASHINGTON, DC, 20004

NTEE Category

Code: S41 - Community improvement

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