2025-11-16T14:46:57-06:00 2024-12-31 911194016 CLARK NUBER PS 555 110TH AVE NE SUITE 700 BELLEVUE WA 98004 990 2024-01-01 911453398 LIFE SCIENCE WASHINGTON LIFE 2064569567 188 EAST BLAINE STREET 150 SEATTLE WA 98102 MARC CUMMINGS PRESIDENT & CHIEF EXECUTIVE OFFICER 2064569567 2025-11-05 1 0 MEGAN R RYAN P00737884 4254544919 2025-11-05 2024 2025-03-06 01:10:19Z MARC CUMMINGS 188 EAST BLAINE STREET 150 SEATTLE WA 98102 3325676 0 X WWW.LIFESCIENCEWA.ORG X 1990 WA STIMULATING LIFE SCIENCE INNOVATION, JOB CREATION AND ECOSYSTEM VIBRANCY ACROSS WASHINGTON STATE THROUGH ENGAGEMENT, COLLABORATION, PROMOTION, AND ADVOCACY. 42 41 11 60 0 0 410021 311713 1845080 1785802 62070 197937 1102181 1030224 3419352 3325676 85000 50000 0 0 1696988 1750537 0 0 0 1414363 1103118 3196351 2903655 223001 422021 4648110 5121154 3239872 3290895 1408238 1830259 X LIFE SCIENCE WASHINGTON IS A NON-PROFIT TRADE AND PROFESSIONAL ASSOCIATION DEDICATED TO PROMOTING INNOVATION AND RESPONSIBLE GROWTH IN THE LIFE SCIENCES AND BIOMEDICAL INDUSTRIES IN THE STATE OF WASHINGTON. PROMOTION AND EDUCATION ARE PRIMARILY IN THE FORM OF NEWSLETTERS, SPECIAL EVENTS, AND LOBBYING. 0 0 LIFE SCIENCE WASHINGTON HOSTS ANNUAL MEETINGS FOR BOTH MEMBERS AND NON-MEMBERS IN FIELDS RELATED TO LIFE SCIENCES. THE ASSOCIATION PROMOTES CONTINUAL GROWTH BY HOSTING NETWORKING AND PROFESSIONAL DEVELOPMENT EVENTS. LIFE SCIENCE WASHINGTON SPONSORS COMMUNITY EDUCATION AND PROMOTIONAL EVENTS AIMED AT ENCOURAGING INNOVATION AND RESPONSIBLE GROWTH IN THE AREA OF LIFE SCIENCES. THE ASSOCIATION PUBLISHES AN ANNUAL MEMBERSHIP ONLINE DIRECTORY WITH INDUSTRY PROFILES ALLOWING USERS WITHIN RELATED FIELDS TO CONNECT AND WORK TOGETHER WHILE STRIVING TOWARD COMMON GOALS. THE PURPOSE OF THE TALENT AND WORKFORCE STRATEGIC INITIATIVE IS TO ENSURE WASHINGTON LIFE SCIENCE COMPANIES HAVE ACCESS TO THE TALENT/WORKFORCE REQUIRED TO GROW LOCALLY. 0 1 1 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 2 0 11 1 0 0 0 0 1 1 0 0 0 X 42 41 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 X KATHLEEN POSTON 2064569564 188 EAST BLAINE STREET 150 SEATTLE WA 98102 MARC CUMMINGS PRESIDENT & CEO/SECRETARY 48.00 2.00 X X 377231 0 17250 CHAD ROBINS BOARD MEMBER 1.00 0.00 X 0 0 0 RICHARD FABIAN CHAIR 1.00 0.00 X X 0 0 0 TERESA FOY PHD TREASURER/BOARD MEMBER 1.00 0.00 X X 0 0 0 ROBIN ANDRULEVICH BOARD MEMBER THRU 10/24 1.00 0.00 X 0 0 0 KELLY LISBAKKEN BOARD MEMBER 1.00 0.00 X 0 0 0 PAUL BUCKLEY PHD BOARD MEMBER 1.00 0.00 X 0 0 0 SEAN MCCLAIN BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN COX BOARD MEMBER 1.00 0.00 X 0 0 0 RHONDA RHYNE BOARD MEMBER 1.00 0.00 X 0 0 0 DARYLL DEWALD PHD BOARD MEMBER 1.00 0.00 X 0 0 0 LINDA ZUCKERMAN PHD BOARD MEMBER 1.00 0.00 X 0 0 0 ERICA FEWEL BOARD MEMBER 1.00 0.00 X 0 0 0 ALISON BEASON BOARD MEMBER 1.00 0.00 X 0 0 0 NICOLE DUNHAM BOARD MEMBER 1.00 0.00 X 0 0 0 BILL BRADY BOARD MEMBER 1.00 0.00 X 0 0 0 SONYA F ERICKSON BOARD MEMBER 1.00 0.00 X 0 0 0 CAITLIN CAMERON BOARD MEMBER 1.00 0.00 X 0 0 0 HEATHER FRANKLIN MS MBA BOARD MEMBER 1.00 0.00 X 0 0 0 LESLIE CORNICK PHD BOARD MEMBER THRU 01/24 1.00 0.00 X 0 0 0 BRAD GRAY BOARD MEMBER THRU 04/24 1.00 0.00 X 0 0 0 STEVEN R HAYDON JD LLM BOARD MEMBER THRU 05/24 1.00 0.00 X 0 0 0 VALERIE DAGGETT PHD BOARD MEMBER 1.00 0.00 X 0 0 0 ANDREW DERVAN BOARD MEMBER 1.00 0.00 X 0 0 0 JONATHAN KIL BOARD MEMBER 1.00 0.00 X 0 0 0 JONATHAN DRACHMAN MD BOARD MEMBER 1.00 0.00 X 0 0 0 MERIKA KODAY BOARD MEMBER 1.00 0.00 X 0 0 0 LORETTA LITTLE MBA BOARD MEMBER 1.00 1.00 X 0 0 0 LUCAS NIVON PHD BOARD MEMBER 1.00 0.00 X 0 0 0 SCOTT MALONEY MBA BOARD MEMBER 1.00 1.00 X 0 0 0 CRAIG PHILIPS BOARD MEMBER 1.00 0.00 X 0 0 0 AKIRA MATSUNO BOARD MEMBER 1.00 0.00 X 0 0 0 CHRIS PICARDO BOARD MEMBER 1.00 0.00 X 0 0 0 MARGARET MCCORMICK PHD BOARD MEMBER 1.00 0.00 X 0 0 0 JENS U QUISTGAARD PHD BOARD MEMBER 1.00 0.00 X 0 0 0 NICK REDER BOARD MEMBER 1.00 0.00 X 0 0 0 CINDY MCDONALD-EVERETT BOARD MEMBER 1.00 0.00 X 0 0 0 AMANDA ROSE BOARD MEMBER 1.00 0.00 X 0 0 0 MARCELO MORALES BOARD MEMBER 1.00 0.00 X 0 0 0 ERIK NILSSON BOARD MEMBER 1.00 0.00 X 0 0 0 SHELLY SAKIYAMA-ELBERT PHD BOARD MEMBER 1.00 0.00 X 0 0 0 ANDREW T SERAFINI PHD BOARD MEMBER THRU 02/24 1.00 0.00 X 0 0 0 KEN STUART PHD BOARD MEMBER 1.00 0.00 X 0 0 0 ERIK VON SCHENCK BOARD MEMBER 1.00 0.00 X 0 0 0 BRIAN SURRATT BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN WECKER PHD BOARD MEMBER THRU 05/24 1.00 0.00 X 0 0 0 MARJORIE THOMAS BOARD MEMBER 1.00 0.00 X 0 0 0 AMANDA TRAN VP, MEMBERSHIP SERVICES 48.00 2.00 X 153249 0 21102 KATHLEEN POSTON VP, FINANCE & ADMINISTRATION 47.00 3.00 X 147902 0 20835 SRIKANT IYER PHD DIR WORKFORCE DEVELOP & ED 40.00 0.00 X 113300 0 19105 DALE WILLARD DIRECTOR OF MEMBER SERVICE 40.00 0.00 X 106331 0 18757 898013 0 97049 5 0 1 0 RH STRATEGIC PARTNERS 1301 K STREET NW SUITE 220 WEST WASHINGTON DC 20005 CONSULTING 173567 1 311713 311713 MEETING & EVENT INCOME 900099 889995 889995 MEMBERSHIP DUES 541900 871712 871712 LEGISLATIVE ROUNDTABLE 900099 15137 15137 EDUCATIONAL PROGRAMS 900099 8958 8958 1785802 197937 197937 1020224 1020224 SPONSORSHIP 900099 10000 10000 10000 3325676 1785802 0 1228161 50000 394481 1034756 48912 171432 100956 6499 66457 220260 18637 49573 58272 252253 20981 19787 10621 LIFE SCIENCE INNOVATION 223657 BUSINESS DEVELOPMENT 121834 WORKFORCE DEVELOPMENT 18157 EDUCATION EVENTS 533 15597 2903655 1296579 1587063 670764 542778 15000 15000 52583 46173 62534 47614 14920 14920 2598264 2915220 4648110 5121154 125056 168306 781053 763752 2333763 2358837 3239872 3290895 X 0 0 0 0 1408238 1830259 1408238 1830259 4648110 5121154 422021 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED LSW PAC 188 EAST BLAINE STREET SUITE 150 SEATTLE WA 98102 911453398 21712 0 0 1 871712 66457 -56509 9948 43586 -33638 62534 47614 14920 14920 RETRO RETENTION 463702 RETRO CHECKING 82511 RETRO CONTINGENCY 2369007 2915220 RETENTION FUNDS 1807768 LSW PAC LIABILITIES 21712 CONTINGENCY RESERVE 529357 2358837 1 LIFE SCIENCE WASHINGTON INSTITUTE 188 E BLAINE ST STE 150 SEATTLE WA 98102 812829364 501(C)(3) 50000 0 SUPPORT LIFE SCIENCE ENTREPRENEURS 1 0 PART I, LINE 2: ALL GRANTS WERE MADE TO LIFE SCIENCE WASHINGTON INSTITUTE TO SUPPORT OUR MISSION. LIFE SCIENCE WASHINGTON INSTITUTE IS A RELATED ORGANIZATION OVER WHICH LIFE SCIENCE WASHINGTON HAS OVERSIGHT. X X X 0 0 0 MARC CUMMINGS PRESIDENT & CEO/SECRETARY 316599 0 60632 0 0 0 17250 0 0 0 394481 0 0 0 AMANDA TRAN VP, MEMBERSHIP SERVICES 145951 0 7298 0 0 0 7662 0 13440 0 174351 0 0 0 KATHLEEN POSTON VP, FINANCE & ADMINISTRATION 140859 0 7043 0 0 0 7395 0 13440 0 168737 0 0 0 FORM 990, PART I, LINE 6: VOLUNTEERS INCLUDE MEMBERS OF THE BOARD OF DIRECTORS, EXECUTIVE COMMITTEE, FINANCE COMMITTEE AND LIFE SCIENCE INNOVATION NORTHWEST COMMITTEE AS WELL AS ONSITE VOLUNTEERS TO SET UP AND ASSIST DURING ACTUAL EVENTS. FORM 990, PART VI, SECTION A, LINE 1A THE AFFAIRS AND PROPERTY OF THE CORPORATION SHALL BE MANAGED UNDER THE DIRECTION OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE SOLE VOTING POWER WITH RESPECT TO ALL MATTERS RELATING TO THE CORPORATION. THIS INCLUDES, WITHOUT LIMITATION: (1) ELECTING OFFICERS OF THE CORPORATION, (2) APPOINTING BOARD COMMITTEES, (3) APPROVING THE CORPORATION'S ANNUAL BUDGET, AND (4) APPROVING THE CORPORATION'S PUBLIC POLICY PRIORITIES. FORM 990, PART VI, SECTION A, LINE 1B: THE PRESIDENT AND CEO/SECRETARY HAS LIMITED VOTING RIGHTS. THE PERSON IN THIS POSITION ONLY VOTES TO BREAK A TIE IN BOARD VOTES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S VICE PRESIDENT OF ADMINISTRATION WORKS CLOSELY WITH THE STAFF CONTROLLER AND EXTERNAL PUBLIC ACCOUNTING FIRM ENGAGED TO PREPARE THE RETURN. A DRAFT OF THE FORM 990 IS ALSO REVIEWED BY THE CONTROLLER AND VICE PRESIDENT OF ADMINISTRATION PRIOR TO PROVIDING THE FINAL DRAFT TO THE PRESIDENT. THE EXECUTIVE COMMITTEE HAS DELEGATED THE FINAL REVIEW OF THE FORM 990 TO THE PRESIDENT. SUBSEQUENT TO FINAL REVIEW, THE PRESIDENT REPORTS BACK TO THE EXECUTIVE COMMITTEE REGARDING ITS OVERSIGHT OF THE FORM 990 AND THE FINAL DRAFT IS PROVIDED TO THE TREASURER BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 15A 1. ALL COMPENSATION IS REVIEWED AND APPROVED BY THE ORGANIZATION'S EXECUTIVE COMMITTEE OR THE COMPENSATION COMMITTEE, PROVIDED THAT ANY PERSON WITH A CONFLICT OF INTEREST REGARDING COMPENSATION ISSUES IS NOT INVOLVED IN THE REVIEW AND APPROVAL PROCESS. 2. THE COMPENSATION IS REVIEWED AND APPROVED USING THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES SALARY SURVEY AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS, IN FUNCTIONALLY COMPARABLE POSITIONS, FOR SIMILAR ORGANIZATIONS. 3. MINUTES OF COMPENSATION MEETINGS ARE KEPT AND THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING COMPENSATION. THE DATE OF THE LAST COMPENSATION REVIEW WAS OCTOBER 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. LIFE SCIENCE WASHINGTON INSTITUTE 188 E BLAINE ST STE 150 SEATTLE WA 98102 822829364 TO PROVIDE SUPPORT TO LIFE SCIENCE ENTREPRENEURS AND START-UP COMPANIES WA 501(C)(3) LINE 7 LIFE SCIENCE WASHINGTON 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0