Overview
What is Life Science Washington?
Life Science Washington is a nonprofit organization situated in Seattle, Washington, with a team of 10 dedicated individuals. Their primary mission is to stimulate innovation, job creation, and vibrancy in the life sciences sector across the state, achieved through engagement, collaboration, promotion, and advocacy. To accomplish this, they host annual meetings and networking events for both members and non-members in the field, aiming to foster continuous growth in the industry. Their activities primarily involve newsletters, special events, and lobbying, all aimed at promoting responsible growth in the life sciences and biomedical industries within Washington State.
Official website here: www.lifesciencewa.org
Is Life Science Washington legitimate?
Life Science Washington is a legitimate nonprofit organization registered as a 501(c)(6) entity. Life Science Washington 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: $297,764
Professional Fundraising Fees: $0
Other Salaries and Wages: $828,565
For more financial information, click here
Official website here: www.lifesciencewa.org
What is the mission statement of Life Science Washington?
Life Science Washington, a non-profit organization, is committed to fostering innovation and responsible growth in the life sciences and biomedical industries within Washington State. The primary methods of promotion and education include hosting events, such as annual meetings, and distributing newsletters. The association aims to stimulate job creation and enhance the vibrancy of the life science ecosystem by engaging in collaboration, advocacy, and promotion. Life Science Washington further supports continuous growth through networking and professional development events.
Official website here: www.lifesciencewa.org
Who is the CEO of Life Science Washington?
Marc Cummings is the President & Ceo/Secretary of Life Science Washington. The CEO's salary of Life Science Washington is $289,462 and their total compensation is $297,764.
Official website here: www.lifesciencewa.org
What is the revenue of Life Science Washington?
Life Science Washington's revenue in 2022 was $2,914,848.
Official website here: www.lifesciencewa.org
Who are the executives of Life Science Washington and what are their salaries?
The average compensation at Life Science Washington during 2022 was $112,633. There are 10 employees and 55 volunteers at Life Science Washington.
Here are 46 key members and their salaries (Life Science Washington's CEO's salary is $289,462 and their total compensation is $297,764):
- Compensation: $289,462
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- Other: $8,302
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- Compensation: $144,633
- Related: $0
- Other: $17,058
- Compensation: $135,166
- Related: $0
- Other: $16,774
- Compensation: $100,900
- Related: $0
- Other: $15,746
Official website here: www.lifesciencewa.org
Where can I find the form 990 for Life Science Washington?
Life Science Washington's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifesciencewa.org
Learn more at the official website: www.lifesciencewa.org
Mission Statement of Life Science Washington
Life Science Washington, a non-profit trade and professional association, is committed to fostering innovation and responsible growth in the life sciences and biomedical industries within Washington State. Their primary objectives include promotion and education, which they achieve through various means such as newsletters, special events, and lobbying. This organization plays a significant role in stimulating life science innovation and job creation, ultimately contributing to the vibrancy of the ecosystem in the state. Life Science Washington achieves this by engaging in activities that facilitate collaboration and advocacy, and by promoting events and initiatives that support professional development and networking in the life sciences field. Annual meetings are hosted for both members and non-members, providing opportunities for individuals working in related fields to connect and engage in discussions about the latest developments in the industry.
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Impact
October, 2024
Life Science Washington stimulates life science innovation, job creation, and ecosystem vibrancy across the state through engagement, collaboration, promotion, and advocacy. By hosting annual meetings and events for both members and non-members, it fosters a strong network within the life sciences field. These gatherings enhance professional development and facilitate connections among industry stakeholders, driving continual growth in Washington's life sciences and biomedical sectors. Additionally, its efforts in promotion and education—through newsletters, special events, and lobbying—ensure that the industry remains dynamic, innovative, and responsive to emerging challenges and opportunities. This comprehensive approach significantly contributes to the advancement of the life sciences community in Washington, ultimately benefiting the economy and public health.
This information is meant to be a general summary of Life Science Washington. 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: $455
- Program Service Revenue: $1,692,368
- Gross Receipts: $2,914,848
Assets and Liabilities:
- Total Assets: $4,067,495
- Total Liabilities: $2,882,258
- Net Assets: $1,185,237
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$887,788
MEETING & EVENT INCOME
Revenue
$694,875
EDUCATIONAL PROGRAMS
Revenue
$109,705
Organization Details
Founding Year
1990
Phone
(206) 456-9567Principal Officer
Marc Cummings
Main Address
188 EAST BLAINE STREET 150, SEATTLE, WA, 98102
Website
www.lifesciencewa.orgNTEE Category
Code: S41 - Community improvement
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