The Antibody Society Inc
- Assets
- $692.2k
- Revenue
- $334.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Framingham, MA
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 20-8516818
Organization Overview
The Antibody Society Inc is located in Framingham, MA. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Antibody Society Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Antibody Society Inc generated $334.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.4% each year . All expenses for the organization totaled $267.7k during the year ending 12/2021. While expenses have increased by 53.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS ESTABLISHED TO FURTHER THE BROAD INTERESTS OF ANTIBODYENGINEERING AND ANTIBODY THERAPEUTICS AND TO SAFEGUARD THE PUBLIC INTEREST BYINCREASING DISCUSSION AND ACTIVITIES TO CREATE THE SAFE, THOROUGH TESTING OF ANTIBODY THERAPEUTICS. THE SOCIETY ENCOMPASSES THIS INCREASINGLY DIVERSE FIELD BY SUPPORTING THE SUPERSTRUCTURE FOR THE ENGINEERING OF RECOMBINANT ANTIBODIES, SINGLE SCAFFOLD BINDERS, ETC. THROUGH BASIC AND APPLIED RESEARCH BY THOSE IN ACADEMICS AND THE PRIVATE SECTOR. THE SOCIETY ALSO SEEKS TO PROVIDE A FORUM AND VOICE FOR THETHOUSANDS OF PEOPLE NOW WORKING ON ALL FACETS OF THIS GLOBAL FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION/OUTREACH PROGRAM: AS PART OF ITS MISSION, THE ANTIBODY SOCIETY AIMS TO EDUCATE OUR MEMBERS AND THE BROADER SCIENTIFIC COMMUNITY ON TOPICS IMPORTANT TO ANTIBODY RESEARCH AND DEVELOPMENT. WE ACT AS AN AUTHORITATIVE SOURCE OF INFORMATION ABOUT ANTIBODY THERAPEUTICS DEVELOPMENT, WHICH WE DISSEMINATE VIA OUR WEBSITE, PRESENTATIONS AND PUBLICATIONS. WE ALSO ORGANIZE AND HOST WEBINARS, SUCH AS OUR 10-PART WEBINAR SERIES ON ANTIBODY REAGENT VALIDATION AIMED ESPECIALLY AT THOSE BEGINNING A CAREER IN BIOLOGICAL SCIENCES. IN ADDITION, WE OFFER TRAVEL AWARDS TO STUDENT AND POST-DOCTORAL MEMBERS WHO WISH TO ATTEND ANTIBODY-RELATED MEETINGS NOT ORGANIZED BY THE SOCIETY.
MEETINGS PROGRAM: THE ANTIBODY SOCIETY FACILITATES DISCUSSION AND INTERCHANGE OF IDEAS REGARDING ISSUES OF FUNDAMENTAL IMPORTANCE FOR BASIC RESEARCH, THERAPEUTIC DEVELOPMENT AND CLINICAL TESTING IN THE FIELD. TO ACHIEVE THIS OBJECTIVE, WE SERVE AS SCIENTIFIC ADVISORS AND SESSION CHAIRS FOR TWO KEY MEETINGS, ANTIBODY ENGINEERING & THERAPEUTICS (ANNUAL MEETING OF THE SOCIETY), AND ANTIBODY ENGINEERING & THERAPEUTICS EUROPE. IN ADDITION, OUR ADAPTIVE IMMUNE RECEPTOR REPERTOIRE (AIRR) COMMUNITY HOLDS WORKSHOPS DESIGNED TO DEVELOP STANDARDS AND RECOMMENDATIONS FOR: 1) OBTAINING, ANALYZING, CURATING AND COMPARING/SHARING DATASETS; 2) USING AND VALIDATING TOOLS FOR ANALYZING AIRR DATA; 3) RELATING DATASETS TO OTHER BIG DATA SETS, SUCH AS MICROARRAY, FLOW CYTOMETRIC DATA; AND 4) LEGAL AND ETHICAL ISSUES INVOLVING THE USE AND SHARING OF AIRR DATA SETS DERIVED FROM HUMAN SOURCES. AS A MEMBER OF THE FEDERATION OF CLINICAL IMMUNOLOGY SOCIETIES, WE ALSO ORGANIZE SYMPOSIA HELD DURING THEIR ANNUAL MEETING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janice M Reichert PHD Exc Dir/treasur | OfficerTrustee | 40 | $89,638 |
E Sally Ward Vice Pres & Dir | OfficerTrustee | 1 | $0 |
Paul Carter PHD President & Dir | OfficerTrustee | 1 | $0 |
Pamela Borghardt Clerk | Officer | 1 | $0 |
Andrew M Bradbury Mb Bs PHD Director | Trustee | 1 | $0 |
Dennis Burton PHD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $28,745 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $301,382 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $330,127 |
| Total Program Service Revenue | $506 |
| Investment income | $330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $334,668 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,042 |
| 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. | $92,317 |
| Compensation of current officers, directors, key employees. | $41,543 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,933 |
| Payroll taxes | $6,677 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $492 |
| Fees for services: Other | $68,221 |
| Advertising and promotion | $0 |
| Office expenses | $902 |
| Information technology | $15,260 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,928 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $478 |
| Insurance | $3,527 |
| All other expenses | $888 |
| Total functional expenses | $267,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $502,780 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,432 |
| Investments—publicly traded securities | $187,217 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $800 |
| Total assets | $692,229 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,624 |
| Total liabilities | $1,624 |
| Net assets without donor restrictions | $690,605 |
| 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 | $692,229 |
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