The Biotechnology Association Of Alabama
- Assets
- $216.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Normal, AL
- Founding
- 12/2001
- Data as of
- 12/2021
- EIN
- 63-1192160
Organization Overview
The Biotechnology Association Of Alabama is located in Normal, AL. The organization was established in 2001. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biotechnology Association Of Alabama 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, Biotechnology Association Of Alabama generated $186.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $85.3k 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
BIOALABAMA IS A STATEWIDE ORGANIZATION REPRESENTING ALABAMA'S BIO RELATED INDUSTRIES, RESEARCH SCIENTISTS, CLINICIANS AND BUSINESS PROFESSIONALS WHO ARE WORKING TOGETHER TO FOSTER, DEVELOP AND SUPPORT THE LIFE SCIENCES IN ALABAMA. BIOALABAMA HOSTS SCIENTIFIC SYMPOSIUMS, NETWORKING OPPORTUNITIES, STUDENT OUTREACH PROGRAMS, LEGISLATIVE RECEPTIONS IN SUPPORT OF OUR MEMBERS AND ALABAMA'S BIOTECHNOLOGY INDUSTRY. OUR EVENTS, PROGRAMS AND MEMBER BENEFITS ARE DESIGNED TO ENHANCE THE PROGRESS OF OUR INDUSTRY AND OUR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Lindsey Director | 0.2 | $0 | |
Blair King Board Chair | 0.2 | $0 | |
Carolyn Turner Director | 0.2 | $0 | |
Amy Sturdivant Director | 0.2 | $0 | |
Eric Mendenhall Director | 0.2 | $0 | |
Dan Blakley Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $58,759 |
| Membership dues | $124,300 |
| Investment income | $217 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,000 |
| Total Revenue | $186,276 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,173 |
| Professional fees and other payments to independent contractors | $4,713 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,447 |
| Total expenses | $85,333 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $212,650 |
| Other assets | $0 |
| Total assets | $216,650 |
| Total liabilities | $3,239 |
| Net assets or fund balances | $213,411 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Biotechnology Association Of Alabama has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vmware User Group Inc Franklin, TN | $9,569,219 | $8,623,176 |
Institute Of Industrial And Systems Engineers Inc Norcross, GA | $4,759,560 | $4,186,288 |
Association For Institutional Research Tallahassee, FL | $4,169,384 | $3,399,261 |
Society Of Environmental Toxicology And Chemistry Of North America Inc Pensacola, FL | $2,035,820 | $1,483,548 |
Mote Marine Foundation Inc Sarasota, FL | $21,207,644 | $1,476,799 |
International Precious Metals Educational & Scientific Foundatio Pensacola, FL | $1,141,905 | $589,640 |
Tampa Bay Technology Forum Inc Tampa, FL | $702,445 | $478,253 |
Tennessee Society Of Professional Engineers Nashville, TN | $187,560 | $222,020 |
Gathering 4 Gardner Inc Atlanta, GA | $197,937 | $0 |
Society Of American Military Engineers Jacksonville, FL | $1,067,855 | $90,048 |
The Biotechnology Association Of Alabama Normal, AL | $216,650 | $0 |
Cuban-American Association Of Civil Engineers Inc Miami, FL | $171,777 | $0 |