Society For Experimental Biology And Medicine
- Assets
- $1.4m
- Revenue
- $601.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- 05/1953
- Data as of
- 12/2023
- EIN
- 13-1635283
Organization Overview
Society For Experimental Biology And Medicine is located in Washington, DC. The organization was established in 1953. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2023, Society For Experimental Biology And Medicine employed 3 individuals. This organization is the central organization for a national or regional group of organizations. Society For Experimental Biology And Medicine is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Society For Experimental Biology And Medicine generated $601.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $516.2k during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE INVESTIGATION IN THE BIOMEDICAL SCIENCES BY ENCOURAGING AND FACILITATING INTERCHANGE OF SCIENTIFIC INFORMATION AMONG DISCIPLINES. THE PRINCIPAL INSTRUMENTS FOR ACHIEVING THIS PURPOSE SHALL BE THE PUBLICATION OF ITS JOURNAL, EXPERIMENTAL BIOLOGY AND MEDICINE, AND WHERE APPROPRIATE, THE DISTRIBUTION OF FUNDS OF THE SOCIETY OF EXPERIMENTAL BIOLOGY ENDOWMENT FUND AND THE ENCOURAGEMENT OF SECTIONAL AND NATIONAL MEETINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY PROMOTES INVESTIGATION IN THE BIOMEDICAL SCIENCES, MAINLY THROUGH THE PUBLICATION OF A PEER-REVIEWED JOURNAL, EXPERIMENTAL BIOLOGY AND MEDICINE. THE SOCIETY ALSO FOSTERS THAT THE CAREER DEVELOPMENT OF STUDENTS, PHYSICAN-SCIENTISTS AND NEW INVESTIGATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie A Cormier PHD President Elect | Trustee | 1 | $0 |
Nicola Conran PHD International Councilor | Trustee | 1 | $0 |
Louis Justement PHD Councilor | Trustee | 1 | $0 |
Muriel Lambert PHD Councilor | Trustee | 1 | $0 |
Jian Feng PHD Treasurer Elect | Trustee | 1 | $0 |
William Slikker PHD Councilor | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,732 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,732 |
| Total Program Service Revenue | $543,697 |
| Investment income | $32,367 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,470 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $601,482 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $178,000 |
| Compensation of current officers, directors, key employees. | $44,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $157,965 |
| Pension plan accruals and contributions | $14,341 |
| Other employee benefits | $43,139 |
| Payroll taxes | $19,101 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $890 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,975 |
| Advertising and promotion | $0 |
| Office expenses | $15,288 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,741 |
| Travel | $356 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,011 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,889 |
| Insurance | $4,616 |
| All other expenses | $0 |
| Total functional expenses | $516,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,212 |
| Savings and temporary cash investments | $20,720 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,700 |
| Net Land, buildings, and equipment | $4,879 |
| Investments—publicly traded securities | $1,278,726 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,432,737 |
| Accounts payable and accrued expenses | $29,841 |
| Grants payable | $0 |
| Deferred revenue | $6,244 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $36,085 |
| Net assets without donor restrictions | $1,396,652 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,432,737 |