Api Innovation Center

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

EIN: 871772821 ✦ Saint louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Api Innovation Center?

The Api Innovation Center is a nonprofit organization situated in Saint Louis, Missouri, dedicated to fostering collaboration and partnerships within the advanced manufacturing supply chain. By bridging the gap between companies, academic and research institutions, startups, and government agencies, the center aims to secure the nation's API (active pharmaceutical ingredient) supply chain. The organization has demonstrated success in this mission by obtaining funding for a start-up company to conduct research and development for manufacturing seven cardiovascular drugs at a reduced cost. Moreover, they have collaborated with Emerson, a pharmaceutical control systems manufacturer, to develop training and development programs for talent development in the region.


Official website here: www.apicenter.org

Is Api Innovation Center legitimate?

Api Innovation Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Api Innovation Center 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.apicenter.org

What is the mission statement of Api Innovation Center?

The Api Innovation Center's mission is centered around fostering collaboration and coordination among a diverse network of companies, academic and research institutions, and startups within the API advanced manufacturing supply chain. This organization aims to facilitate engagement between various entities, including companies, enterprises, non-profit entities, and federal and state government agencies, to safeguard the nation's API supply chain. By doing so, the Api Innovation Center seeks to establish a united front in ensuring the security and efficiency of the API industry.


Official website here: www.apicenter.org

Who is the CEO of Api Innovation Center?

Anthony Sardella is the Director of Api Innovation Center.


Official website here: www.apicenter.org

What is the revenue of Api Innovation Center?

Api Innovation Center's revenue in 2022 was $107,679.


Official website here: www.apicenter.org

Who are the executives of Api Innovation Center and what are their salaries?


Here are 7 key members and their salaries:


Sam Fiorello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Gonce (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Sardella (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Schlicter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Webb (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.apicenter.org

Where can I find the form 990 for Api Innovation Center?

Api Innovation Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.apicenter.org

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

Mission Statement of Api Innovation Center

The Api Innovation Center, a renowned organization, is committed to fostering collaboration and coordination among a diverse network of companies, academic and research institutions, and startups within the advanced manufacturing supply chain of Application Programming Interfaces (APIs). This transdisciplinary network spans across various sectors, aiming to safeguard the nation's API supply chain. The center facilitates engagement between companies, enterprises, non-profit entities, and federal and state government agencies, promoting a unified front in supporting the API industry. By doing so, the Api Innovation Center plays a significant role in enhancing cooperation and innovation in the field, ultimately contributing to the nation's technological advancement and competitiveness.

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Impact




October, 2024

The Api Innovation Center has significantly impacted the pharmaceutical landscape by enhancing coordination and collaboration across a transdisciplinary network that includes companies, academic institutions, research facilities, and startups within the advanced manufacturing supply chain. By facilitating partnerships among private and public entities, the Center has played a crucial role in safeguarding the nation's active pharmaceutical ingredient (API) supply chain.

One notable achievement is the partnership with the Glioblastoma Foundation, which led to the establishment of U.S. production for oncology drugs in St. Louis at an affordable price. This initiative exemplifies the Center's commitment to ensuring access to vital medications while fostering local industry growth.

Additionally, the Api Innovation Center secured funding for a start-up advanced technology company dedicated to research and development, enabling the manufacturing of seven cardiovascular drugs at significantly reduced costs—60% lower than current expenses. This innovation not only promotes cost-effective healthcare solutions but also illustrates the Center's effectiveness in driving research initiatives.

Moreover, collaboration with Emerson, a manufacturer of pharmaceutical control systems, resulted in the creation of training and development programs aimed at nurturing talent in the region. By investing in workforce development, the Api Innovation Center ensures a skilled labor pool that can support the evolving needs of the industry.

Overall, the Api Innovation Center's efforts bolster the API supply chain resilience, drive innovation in drug manufacturing, and promote workforce development, all of which contribute to better healthcare outcomes and increased economic opportunities in the community.




This information is meant to be a general summary of Api Innovation Center. 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
$107,679 (2022)
Expenses
$188,148 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $107,679

Assets and Liabilities:

  • Total Assets: $14,752
  • Total Liabilities: $0
  • Net Assets: $14,752

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Organization Details

Founding Year

2021

Principal Officer

Anthony Sardella

Main Address

4240 DUNCAN AVE STE 200, SAINT LOUIS, MO, 63110

NTEE Category

Code: P20 - Human services

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