American Life Sciences Innovation Council
- Assets
- $190.9k
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Oakdale, MN
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 80-0717451
Organization Overview
American Life Sciences Innovation Council is located in Oakdale, MN. The organization was established in 2012. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Life Sciences Innovation Council is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, American Life Sciences Innovation Council generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 21.7% 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
TO EDUCATE THE PUBLIC AND POLICYMAKERS ABOUT THE EFFECTS OF GOVERNMENT REGULATION ON KEY FACTORS THAT DRIVE LIFE SCIENCE INNOVATION, STRONG INTELLECTUAL PROPERTY PROTECTION; ADEQUATE REIMBURSEMENT DRIVEN BY MARKET FORCES; UNFETTERED COLLABORATION WITH BASIC SCIENCE PARTNERS; A TRANSPARENT AND PREDICTABLE REGULATORY ENVIRONMENT; AND ACCESS TO CAPITAL. ALSIC CONCERNS ITSELF WITH FEDERAL, STATE AND INTERNATIONAL POLICY AFFECTING THE BREADTH OF INNOVATIVE LIFE SCIENCES INCLUDING MEDICAL DEVICES, BIOPHARMACEUTICALS AND DIAGNOSTICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDIA PROGRAM TO DRIVE PUBLIC AWARENESS OF POLICY-MAKERS KEY ROLES IN LEGISLATIVE AND REGULATORY CHANGES AFFECTING THE COVERAGE REIMBURSEMENT AND REGULATION OF INNOVATIVE MEDICAL PRODUCTS. THE MEDIA PROGRAM INCLUDED MORE THAN 20 LOCAL AND STATEWIDE MEDIA MARKETS, AND INCLUDED DIGITAL AND PRINT ADVERTISING AS WELL AS DIRECT MAIL.
GRASSROOTS EDUCATION AND EARNED MEDIA PROGRAM TO DRIVE PUBLIC AWARENESS OF POLICY WHICH PROMOTES INNOVATIVE ENVIRONMENT IN HEALTHCARE. INVOLVED CREATION AND MAINTENANCE OF STATE BASED ISSUES COALITIONS RESPONSIBILITES INCLUDE: FIELD OPERATIONS INCLUDING: PARTNER NETWORK OUTREACH, RECRUITMENT, AND MAINTENANCE OF INFLUENTIAL ORGANIZATION HEADS FROM KEY STATE/LOCAL CONSTITUENCIES; RECRUITMENT OF THIRD PARTY STAKEHOLDERS.
MANAGEMENT OF PUBLIC OPINION SURVEY REGARDING POLICY MATTERS AFFECTING INNOVATIVE LIFE SCIENCE INDUSTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Mohler Treasurer & Director | OfficerTrustee | 0.5 | $0 |
Michael Schwartz President & Director | OfficerTrustee | 0.5 | $0 |
Steve Knuth Director | Trustee | 0.5 | $0 |
H Dean Hart Director | Trustee | 0.5 | $0 |
Joseph Dunn PHD Director | Trustee | 0.5 | $0 |
William Harrison Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mohler Consulting Llc Prod & Exec Of Media Advocacy Programs | 12/30/21 | $2,219,250 |
Public Affairs Company Mgmt & Exec Of Grass Top Program | 12/30/21 | $557,575 |
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 | $2,805,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,805,250 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $2,805,250 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40,000 |
| Fees for services: Accounting | $18,500 |
| Fees for services: Lobbying | $2,776,825 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,000 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $121 |
| Total functional expenses | $2,848,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $190,931 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $190,931 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $190,931 |
| Total liabilities and net assets/fund balances | $190,931 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Life Sciences Innovation Council has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Life Sciences Innovation Council Oakdale, MN | $190,931 | $2,805,250 |
African American Leadership Forum Minneapolis, MN | $4,693,310 | $4,941,204 |
School Choice Wisconsin Inc Brookfield, WI | $796,463 | $1,477,762 |
Institute For Reforming Government Inc Madison, WI | $1,089,740 | $1,204,031 |
International Society For Quality Life Research Milwaukee, WI | $1,145,327 | $701,339 |
Sugarbeet Research & Education Board Of Minnesota & North Dakota Fargo, ND | $643,279 | $734,079 |
Achieve Brown County Inc Green Bay, WI | $912,690 | $981,584 |
Minnesota Parent Union Saint Paul, MN | $561,320 | $709,367 |
Plus Foundation Minneapolis, MN | $1,456,145 | $432,468 |
Elevating Education Mn St Paul, MN | $42,072 | $255,731 |
Wausau Pilot And Review Corporation Wausau, WI | $23,530 | $0 |
Dsu-Soar Madison, SD | $3,122 | $0 |