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Arizona Bioindustry Association Inc

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

EIN: 860938465 ✦ Chandler, AZ ✦ Designated as a 501(c)(6)

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Overview

What is Arizona Bioindustry Association Inc?

Arizona Bioindustry Association Inc, headquartered in Chandler, Arizona, is a nonprofit organization that plays a significant role in fostering the growth of the life science industry. Through various educational and networking seminars, they facilitate development and expansion within this sector. The organization provides monetary support and receives additional aid in the form of in-kind services, contributing to the expansion of the life science industry in Arizona. Arizona Bioindustry Association's mission is to support the needs of its state's growing life science ecosystem, aiming to create an environment that encourages health innovation and bioscience companies to thrive and succeed in Arizona.


Official website here: www.azbio.org

Is Arizona Bioindustry Association Inc legitimate?

Arizona Bioindustry Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Arizona Bioindustry Association 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: $196,212
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,980

For more financial information, click here


Official website here: www.azbio.org

What is the mission statement of Arizona Bioindustry Association Inc?

The Arizona Bioindustry Association Inc, serving as the statewide trade association for the bioindustry, aims to unify, empower, and advance its members. The organization's mission is to enhance the environment, making it conducive for health innovation and bioscience companies to prosper and thrive. Arizona Bioindustry Association supports the growth and success of the life science ecosystem in Arizona by facilitating development and expansion through various educational and networking seminars held across the state. Beyond monetary support, the association also provides in-kind services, contributing $24,000 to help strengthen the life science industry.


Official website here: www.azbio.org

Who is the CEO of Arizona Bioindustry Association Inc?

Joan Koerber-Walker is the Executive Committee of Arizona Bioindustry Association Inc. The CEO's salary of Arizona Bioindustry Association Inc is $179,644 and their total compensation is $179,644.


Official website here: www.azbio.org

What is the revenue of Arizona Bioindustry Association Inc?

Arizona Bioindustry Association Inc's revenue in 2022 was $932,237.


Official website here: www.azbio.org

Who are the executives of Arizona Bioindustry Association Inc and what are their salaries?

The average compensation at Arizona Bioindustry Association Inc during 2022 was $90,397. There are 3 employees and 52 volunteers at Arizona Bioindustry Association Inc.


Here are 35 key members and their salaries (Arizona Bioindustry Association Inc's CEO's salary is $179,644 and their total compensation is $179,644):


Russ Yelton (Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Koerber-Walker (President & Ceo)
  • Compensation: $179,644
  • Related: $0
  • Other: $0
Jeff Singleton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Swingle (Chairwoman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Barton Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Dexter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rafael Fonseca Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Vallerga (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryann Guerra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kiran Avancha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Kasprzyk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eliott Mufson Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Galen Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Bawin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Munk Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Tessmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Wesley (Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Langham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Jardine (Executive Committee & Nagc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary O'Reilly Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Potts Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Whitehead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mara Aspinall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Caldwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Eisiminger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandy Flores (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renae Franz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Gala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jyotsna Ghai Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Groppenbacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Morton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Parker (Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Patience (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Trembath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.azbio.org

Where can I find the form 990 for Arizona Bioindustry Association Inc?

Arizona Bioindustry Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.azbio.org

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

Mission Statement of Arizona Bioindustry Association Inc

Arizona Bioindustry Association, abbreviated as AZBIO, serves as the unifying force for Arizona's rapidly expanding life science ecosystem. Its mission is to empower and advance its members, fostering an environment that allows health innovation and bioscience companies to thrive and grow successfully. AZBIO achieves this by hosting various educational and networking seminars across Arizona, thereby facilitating the development and expansion of the life science industry. The organization's commitment is further demonstrated through its provision of financial support, complemented by $24,000 worth of in-kind services, to bolster the growth of the life science sector in Arizona.

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Impact




October, 2024

Arizona Bioindustry Association Inc plays a pivotal role in fostering the growth of the life science ecosystem in Arizona. By facilitating the development and expansion of this industry, the organization supports health innovation and bioscience companies, making Arizona an attractive place for such enterprises to thrive.

Through various education and networking seminars held across the state, AZBIO addresses the needs of its members and creates opportunities for collaboration and knowledge-sharing. This commitment not only strengthens existing companies but also encourages new ventures, enhancing the overall vitality of the bioscience sector in Arizona.

Moreover, the association's financial backing, complemented by $24,000 in in-kind services, significantly contributes to the support and growth of the life science industry. By unifying, empowering, and advancing its members, AZBIO cultivates an environment conducive to innovation and success, leading to substantial community improvement and economic development in the region.




This information is meant to be a general summary of Arizona Bioindustry Association 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.

Revenue
$932,237 (2022)
Expenses
$928,627 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $198
  • Program Service Revenue: $198,261
  • Gross Receipts: $932,237

Assets and Liabilities:

  • Total Assets: $611,594
  • Total Liabilities: $200,304
  • Net Assets: $411,290

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Programs

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

PURCHASING PROGRAMS

Revenue

$72,511

SPONSORSHIP INCOME

Revenue

$66,250

REGISTRATION FEES

Revenue

$59,500

Organization Details

Founding Year

1998

Principal Officer

Joan Koerber-Walker

Main Address

1800 E RAY RD 106, CHANDLER, AZ, 85225

NTEE Category

Code: S41 - Community improvement

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