Virginia Biomedical Association
- Assets
- $32.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chesapeake, VA
- Founding
- 02/1996
- Data as of
- 12/2021
- EIN
- 54-1719004
Organization Overview
Virginia Biomedical Association is located in Chesapeake, VA. The organization was established in 1996. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Biomedical 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, Virginia Biomedical Association generated $4.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (32.2%) each year. All expenses for the organization totaled $12.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCTION AND TRAINING FOR CLINICAL/BIOMEDICAL TECHNICAL STAFF, SOCIAL NETWORKING AND HELP BIOMEDICAL TECHNICIANS OBTAIN AND RENEW THEIR CERTIFICATION. DUE TO THE COVID-19 PANDEMIC, THE VIRGINIA BIOMEDICAL ASSOCIATION HAD TO CANCEL ALL CONFERENCES FOR THE CALENDAR YEAR 2020. THEREFORE, THERE ARE NO PROGRAM SERVICE ACCOMPLISHMENT EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Rusher Director | 1 | $0 | |
John Taylor Director | 1 | $0 | |
Alexis Roberson Director | 1 | $0 | |
Raquel Amarins Director | 1 | $0 | |
Beverly Kupiszewski Director | 1 | $0 | |
Richard Davis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,100 |
| Total Program Service Revenue | $170 |
| Membership dues | $150 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $812 |
| Other Revenue | $124 |
| Total Revenue | $4,356 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,220 |
| Total expenses | $12,220 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,214 |
| Other assets | $0 |
| Total assets | $32,214 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,214 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Biophysical Society Rockville, MD | $21,767,056 | $3,664,185 |
Biomedical Engineering Society Landover, MD | $5,416,351 | $1,962,759 |
Council For Biotechnology Information Washington, DC | $0 | $2,024,655 |
American Institute For Medical And Bioligical Engineering Washington, DC | $4,121,997 | $963,729 |
Arm Foundation For Regenerative Medicine Education & Research Baltimore, MD | $214,306 | $493,318 |
Schmincke Research Alliance Inc Towson, MD | $666,033 | $89,819 |
North Carolina Biomedical Association Lenoir, NC | $98,168 | $0 |
Virginia Biomedical Association Chesapeake, VA | $32,214 | $0 |