Oregon Biotechnology Association
- Assets
- $503.8k
- Revenue
- $784.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Portland, OR
- Founding
- 07/1991
- Data as of
- 12/2021
- EIN
- 93-1009329
Organization Overview
Oregon Biotechnology Association is located in Portland, OR. The organization was established in 1991. 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, Oregon Biotechnology Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon 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, Oregon Biotechnology Association generated $784.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $668.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. 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
SERVE THE BIOSCIENCE INDUSTRY C TRAINING AND EDUCATION MANUFACTURING CONSORTION TO ENHANCE ABILITY TO COMPETE COLLABORATION WITHIN WITHOUT OREGON BIOSCIENCE BUSINE
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIOSCIENCES EXISTING WORKFORCE AND MANAGEMENT TRAINING ENHANCE
EDUCATING GOVERNMENT AGENCIES & LEGISLATORS ABOUT THE
DEVELOPE COLLABERATION WITHIN AND WITHOUT THE STATE OF OREGON
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liisa Bosinovi Executive Dire | Officer | 40 | $164,529 |
Tim Layton Director | Trustee | 1 | $0 |
Juergen Linder Director | Trustee | 1 | $0 |
P Barr-Gillesp Director | Trustee | 1 | $0 |
S Nagasubrama Director | Trustee | 1 | $0 |
James Mattuci Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $492,148 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $492,148 |
| Total Program Service Revenue | $232,678 |
| Investment income | $6 |
| 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 | $784,874 |
| 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. | $164,529 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $188,184 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,558 |
| Payroll taxes | $28,257 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,500 |
| Fees for services: Accounting | $13,425 |
| Fees for services: Lobbying | $90,620 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,000 |
| Advertising and promotion | $56,733 |
| Office expenses | $13,473 |
| Information technology | $8,109 |
| Royalties | $0 |
| Occupancy | $12,727 |
| Travel | $2,828 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,954 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $442 |
| Insurance | $3,511 |
| All other expenses | $0 |
| Total functional expenses | $668,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $375,212 |
| Savings and temporary cash investments | $14,499 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107,174 |
| 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 | $5,387 |
| Net Land, buildings, and equipment | $1,545 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $503,817 |
| Accounts payable and accrued expenses | $17,962 |
| Grants payable | $0 |
| Deferred revenue | $54,797 |
| 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 | $79,203 |
| Total liabilities | $151,962 |
| 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 | $351,855 |
| Total liabilities and net assets/fund balances | $503,817 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Oregon Biotechnology Association has recieved totaling $38,500.
| Awarding Organization | Amount |
|---|---|
Biotechnology Innovation Organization Washington, DC PURPOSE: SPONSORSHIP | $30,000 |
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $8,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northern California P E T Imaging Center Sacramento, CA | $5,358,737 | $6,161,675 |
Life Science Washington Seattle, WA | $3,894,954 | $2,651,737 |
The Center For Medical Progress Irvine, CA | $496,245 | $1,480,205 |
Oregon Biotechnology Association Portland, OR | $503,817 | $784,874 |
Souther California Biomedical Council Los Angeles, CA | $240,829 | $672,135 |