Iowa Biotechnology Association

Organization Overview

Iowa Biotechnology Association is located in Des Moines, IA. The organization was established in 1997. According to its NTEE Classification (G92) the organization is classified as: Biomedicine & Bioengineering, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Iowa Biotechnology Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Biotechnology Association 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, Iowa Biotechnology Association generated $515.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $390.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE THE DEVELOPMENT AND APPLICATION OF VALUE-ADDED TECHNOLOGIES IN THE LIFE SCIENCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANNUAL CONFERENCE


EVENT SPONSORSHIPS


STEM SCHOLARSHIPS AND OTHER STEM SUPPORT


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Board, Officers & Key Employees

Name (title)Compensation
Jessica Hyland
Executive Director
$126,225
Rachel Binning
Director/chair
$0
Nate Green
Director/vice Chair
$0
John Eubank
Director/treasurer
$0
Anders Thomsen
Director/secretary
$0
Josh Johnson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$28,535
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$28,535
Total Program Service Revenue$216,713
Investment income $12,724
Tax Exempt Bond Proceeds $0
Royalties $245,381
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,967
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $515,320

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Iowa Biotechnology Association has recieved totaling $7,500.

Awarding OrganizationAmount
Biotechnology Innovation Organization

Washington, DC

PURPOSE: SUPPORT

$7,500
View Grant Recipient Profile

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