Bio Bridge
- Assets
- $70.9m
- Revenue
- $30.3m
- Investments
- $0.0
- Employees
- 202
- Location
- San Antonio, TX
- Founding
- 02/2013
- Data as of
- 12/2020
- EIN
- 45-4765222
Organization Overview
Bio Bridge is located in San Antonio, TX. The organization was established in 2013. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 12/2021, Bio Bridge employed 202 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bio Bridge 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 12/2020, Bio Bridge generated $30.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $30.9m during the year ending 12/2020. While expenses have increased by 7.8% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
BIOBRIDGE GLOBAL(BBG) IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF SUPPORTING, AS THE SOLE MEMBER, SOUTH TEXAS BLOOD & TISSUE CENTER(STBTC), QUALTEX LABORATORIES (SEE SCH.O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIOBRIDGE GLOBAL IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF SUPPORTING, AS THE SOLE MEMBER, SOUTH TEXAS BLOOD & TISSUE CENTER (STBTC), QUALTEX LABORATORIES (QUALTEX), GENCURE, AND THE BLOOD & TISSUE CENTER FOUNDATION (THE FOUNDATION) BY PROVIDING SUPPORT AND ADMINISTRATIVE FUNCTIONS THAT PROMOTE AND SUPPORT THE CHARITABLE MISSION AND PURPOSES OF STBTC, QUALTEX, GENCURE, AND THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Landon Ex-Officio Dir/ceo | OfficerTrustee | 49 | $741,162 |
William Richey Wyatt Svp/gen Counsel And Chief Comp | Officer | 50 | $447,766 |
Glenn Kues Svp/cfo | Officer | 50 | $408,883 |
Rachel-Louise Beddard Svp/chief Medical Officer | Officer | 50 | $363,893 |
John F Barnes IV VP Human Resources & Learning | 50 | $276,072 | |
Granville Betton Senior VP Talent And Performan | Officer | 50 | $263,944 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shi International Corp Software Maintenance | 12/30/21 | $443,301 |
Equip Enterprises Janitorial | 12/30/21 | $463,869 |
Service Mechanical Group Llc Equipment Maintenanc | 12/30/21 | $135,745 |
Allied Universal Security Services Security | 12/30/21 | $477,296 |
Microsoft Corporation Software Maintenance | 12/30/21 | $152,875 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $585,296 |
| Investment income | $456,478 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$70,270 |
| Net Gain/Loss on Asset Sales | $218,548 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,301,028 |
| Statement of Expenses | |
|---|---|
| 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. | $2,800,177 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,903,946 |
| Pension plan accruals and contributions | $654,164 |
| Other employee benefits | $2,578,293 |
| Payroll taxes | $1,027,772 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $240,608 |
| Fees for services: Accounting | $82,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $574,367 |
| Advertising and promotion | $153,573 |
| Office expenses | $611,867 |
| Information technology | $1,728,407 |
| Royalties | $0 |
| Occupancy | $1,321,245 |
| Travel | $121,820 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,491 |
| Interest | $47,953 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,770,554 |
| Insurance | $51,329 |
| All other expenses | $0 |
| Total functional expenses | $30,935,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $410,279 |
| Savings and temporary cash investments | $1,330,895 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $155,361 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $351,797 |
| Inventories for sale or use | $2,129,864 |
| Prepaid expenses and deferred charges | $1,325,678 |
| Investments—publicly traded securities | $42,825,763 |
| Investments—other securities | $0 |
| Investments—program-related | $399,500 |
| Intangible assets | $0 |
| Other assets | $9,856,542 |
| Total assets | $70,894,449 |
| Accounts payable and accrued expenses | $6,798,215 |
| 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 | $3,938,694 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $277,882 |
| Total liabilities | $11,014,791 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $59,879,658 |
Grants Awarded
Over the last fiscal year, Bio Bridge has awarded $355,016 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
San Antonio, TX PURPOSE: OPERATIONS | $337,861 |
San Antonio, TX PURPOSE: OPERATIONS | $17,155 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bio Bridge has recieved totaling $156,277.
| Awarding Organization | Amount |
|---|---|
Elizabeth Huth Maddux Charitable Foundation San Antonio, TX PURPOSE: UNRESTRICTED | $130,000 |
The Blood & Tissue Center Foundation San Antonio, TX PURPOSE: PROGRAM SUPPORT | $26,277 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bio Bridge San Antonio, TX | $70,894,449 | $30,301,028 |
New Mexico Primary Medical Care Albuquerque, NM | $7,543,133 | $6,036,016 |
Myhealth Access Network Inc Tulsa, OK | $2,014,032 | $4,400,201 |
His Centre Bulverde, TX | $1,243,808 | $1,683,651 |
Sooneverse Inc Oklahoma City, OK | $321,522 | $971,754 |
Tejas Behaviorial Health Management Association Leander, TX | $189,905 | $1,001,235 |
Tejas Next Health Leander, TX | $83,828 | $405,456 |
504healthnet Metairie, LA | $312,657 | $305,425 |
Advanced Health Institute Inc Irving, TX | $23,557 | $299,488 |
Oklahoma Pregnancy Care Network Inc Woodward, OK | $44,832 | $224,493 |
Golden Crescent Regional Advisory Council Victoria, TX | $182,964 | $154,678 |
Society Of Critical Care Medicine Houston, TX | $76,158 | $0 |