Overview
What is Bioindustrial Manufacturing And Design Ecosystem Inc?
Bioindustrial Manufacturing and Design Ecosystem Inc, also known as BIOMADE, is a California-based nonprofit organization with a mission to secure America's future by driving innovation, education, and collaboration in bioindustrial manufacturing. During FY22, BIOMADE initiated several projects and received significant awards, including $28.5MM in grants for technical and workforce development. They also received over $8MM from the National Institute of Standards and Technology. The organization's annual meeting featured technology demonstrations and networking opportunities. BIOMADE aims to enable domestic manufacturing at all scales, develop technologies to enhance U.S. competitiveness, de-risk infrastructure investment, and expand the biomanufacturing workforce to realize the economic promise of industrial biotechnology. Their vision is to build a sustainable, end-to-end bioindustrial manufacturing ecosystem. BIOMADE has a workforce of eight individuals.
Official website here: www.biomade.org
What are the reviews and ratings of this charity?
Bioindustrial Manufacturing And Design Ecosystem Inc currently does not have a rating from Charity Navigator. The absence of a rating is not indicative of the nonprofit's effectiveness or issues but rather reflects the lack of available data required for evaluation under Charity Navigator’s current criteria. This organization, being classified under a status other than 501(c)(3), cannot be evaluated using standard methodology for Accountability & Finance or Impact & Measurement.
Charity Navigator's evaluation limitations highlight the challenges in assessing organizations not registered as 501(c)(3). This includes the unavailability of data on total revenue, expenses, and key personnel salaries. Traditionally, such metrics have been important to gauge nonprofit financial health and operational ethics.
While no user reviews are available on GreatNonprofits, this lack of feedback leaves a gap in understanding the personal impact or community perception of the organization's activities. Therefore, potential supporters may need to exercise additional diligence and seek further information directly from the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Bioindustrial Manufacturing And Design Ecosystem Inc legitimate?
Bioindustrial Manufacturing And Design Ecosystem Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bioindustrial Manufacturing And Design Ecosystem 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $595,128
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,753,539
For more financial information, click here
Official website here: www.biomade.org
What is the mission statement of Bioindustrial Manufacturing And Design Ecosystem Inc?
The Bioindustrial Manufacturing and Design Ecosystem Inc is dedicated to securing America's future by driving innovation, education, and collaboration in the field of bioindustrial manufacturing. The organization's mission is to facilitate the growth of bioindustrial manufacturing at various scales, advance technologies that enhance US competitiveness, mitigate risks in relevant infrastructure investments, and expand the biomanufacturing workforce to unlock the economic potential of industrial biotechnology. This is accomplished by fostering collaboration and innovation to reduce barriers to scale-up and commercialization, accelerate technology deployment, and redevelop existing biotechnology to strengthen national competitiveness. BioMADE's vision is to create a sustainable, end-to-end domestic bioindustrial manufacturing ecosystem.
Official website here: www.biomade.org
Who is the CEO of Bioindustrial Manufacturing And Design Ecosystem Inc?
Douglas Friedman is the President/Ceo & Chair of Bioindustrial Manufacturing And Design Ecosystem Inc. The CEO's salary of Bioindustrial Manufacturing And Design Ecosystem Inc is $170,115 and their total compensation is $332,087.
Official website here: www.biomade.org
What is the revenue of Bioindustrial Manufacturing And Design Ecosystem Inc?
Bioindustrial Manufacturing And Design Ecosystem Inc's revenue in 2022 was $12,257,273.
Official website here: www.biomade.org
Who are the executives of Bioindustrial Manufacturing And Design Ecosystem Inc and what are their salaries?
The average compensation at Bioindustrial Manufacturing And Design Ecosystem Inc during 2022 was $293,583. There are 8 employees at Bioindustrial Manufacturing And Design Ecosystem Inc.
Here are 8 key members and their salaries (Bioindustrial Manufacturing And Design Ecosystem Inc's CEO's salary is $170,115 and their total compensation is $332,087):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Compensation: $170,115
- Related: $143,273
- Other: $18,699
- Compensation: $0
- Related: $17,162
- Other: $0
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- Other: $0
Official website here: www.biomade.org
Where can I find the form 990 for Bioindustrial Manufacturing And Design Ecosystem Inc?
Bioindustrial Manufacturing And Design Ecosystem Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.biomade.org
Learn more at the official website: www.biomade.org
Mission Statement of Bioindustrial Manufacturing And Design Ecosystem Inc
Bioindustrial Manufacturing and Design Ecosystem Inc, referred to as BIOMADE, is dedicated to ensuring America's future by fostering innovation, education, and collaboration in the realm of bioindustrial manufacturing. BIOMADE's mission lies in enabling domestic bioindustrial manufacturing at all scales, developing technologies that bolster U.S. competitiveness, mitigating risks in relevant infrastructure investment, and expanding the biomanufacturing workforce. The organization catalyzes collaboration and innovation to achieve the following objectives:
Firstly, BIOMADE endeavors to reduce barriers to scaling up and commercialization in the bioindustrial sector. This is crucial to create a thriving ecosystem for novel, disruptive business models. Secondly, the organization accelerates the deployment of technology to bring about transformative advancements in the industry. By redeveloping existing biotechnology, BIOMADE aims to enhance national competitiveness and fuel economic growth in the bioindustry.
BIOMADE's vision is to construct a sustainable, domestic end-to-end bioindustrial manufacturing ecosystem. This vision is brought to life through its commitment to fostering a collaborative environment, driving innovation, and supporting the development of a skilled workforce. The organization's efforts are geared towards creating a robust ecosystem that supports the growth and success of bioindustrial businesses while maintaining a focus on U.S. competitiveness and economic promise.
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Impact
October, 2024
Bioindustrial Manufacturing and Design Ecosystem Inc. (BIOMADE) is making significant strides in advancing bioindustrial manufacturing innovation through dedicated collaboration and education. With a focus on securing America's future, BIOMADE's impact is evident in several key areas:
1. **Funding and Development**: In the fiscal year 2022, BIOMADE initiated technical and workforce development project calls, awarding $28.5 million to support innovative projects. This financial backing is pivotal in driving research and development within the bioindustrial sector.
2. **National Standards Support**: BIOMADE's efforts garnered over $8 million in awards from the National Institute of Standards and Technology, emphasizing the initiative's recognition and alignment with national objectives in biotechnology and industrial innovation.
3. **Networking and Collaboration**: By hosting its first annual member meeting, BIOMADE facilitated a platform for project demonstrations and networking among members and government representatives. This event not only showcased technological advancements but also fostered relationships that are crucial for collaborative progress.
4. **Workforce Expansion**: A critical part of BIOMADE's mission is to enhance the biomanufacturing workforce. By addressing the skills gap and creating educational opportunities, the organization is pivotal in preparing a workforce that can drive future innovations in industrial biotechnology.
5. **Competitive Edge and Sustainability**: BIOMADE aims to reduce barriers to scale-up and commercialization, enabling businesses to deploy new technologies efficiently. This focus on sustainable practices positions the U.S. as a leader in the bioindustrial space, bolstering economic competitiveness while fostering environmentally responsible practices.
In summary, BIOMADE is playing a transformative role in establishing a robust bioindustrial manufacturing ecosystem through innovation, education, and collaborative efforts that enhance competitiveness and sustainability in the industry.
This information is meant to be a general summary of Bioindustrial Manufacturing And Design Ecosystem Inc. 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: $1,594
- Program Service Revenue: $1,457,611
- Gross Receipts: $12,257,273
Assets and Liabilities:
- Total Assets: $11,103,807
- Total Liabilities: $9,252,858
- Net Assets: $1,850,949
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,457,611
Organization Details
Founding Year
2020
Phone
(510) 734-7754Principal Officer
Douglas Friedman
Main Address
1155-C ARNOLD DRIVE 523, MARTINEZ, CA, 94553
Website
www.biomade.orgNTEE Category
Code: S40 - Community improvement
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