Nonprofit · EIN 01-0500056
BIOTECHNOLOGY ASSOCIATION OF MAINE
Tax-exempt (reinstated) · PORTLAND, ME 04104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $676,073 | $707,299 | -$31,226 | $1,630,607 | $10,538 | $1,620,069 |
| December 31, 2024 | 990 | $420,194 | $299,358 | $120,836 | $1,664,379 | $13,084 | $1,651,295 |
| June 30, 2024 | 990 | $677,614 | $606,228 | $71,386 | $1,590,602 | $60,143 | $1,530,459 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $578,095
- Investment income
- $94,411
- Net gain from sales of assets
- $59,620
- Other revenue
- $3,567
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $97,978
- Other salaries and wages
- $135,958
- Salaries, compensation and benefits (total)
- $282,358
- Professional fundraising fees
- $0
- Occupancy
- $33,325
- Depreciation
- $1,987
Balance sheet and other
- Total assets, start of year
- $1,664,379
- Total assets, end of year
- $1,630,607
- Total liabilities, end of year
- $10,538
- Net assets, end of year
- $1,620,069
- Land, buildings and equipment
- $8,168
- Gross receipts
- $1,216,160
- Employees
- 2
- Volunteers
- 0
- Year formed
- 1995
- State of legal domicile
- ME
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Agnieszka Carpenter | Executive Dir. Trustee or director | 30 | $97,978 |
| Zeynep Turk | President Trustee or director | 1.25 | $0 |
| David Eagleson | Treasurer Trustee or director | 1.25 | $0 |
| Tony Perkins | Director Trustee or director | 1.25 | $0 |
| Dennis Leiner | Vice President Trustee or director | 1.25 | $0 |
| Gary Goodrich | Director Trustee or director | 1.25 | $0 |
| Casey Doucette | Secretary Trustee or director | 1.25 | $0 |
| Anne Breggia | Director Trustee or director | 1.25 | $0 |
| Fran Harrison | Director Trustee or director | 1.25 | $0 |
| Kristy Townsend | Director Trustee or director | 1.25 | $0 |
| Patrick Breeding | Director Trustee or director | 1.25 | $0 |
| Stephen Pelsue | Director Trustee or director | 1.25 | $0 |
| Bethany Fortier | Director Trustee or director | 1.25 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Agnieszka Carpenter | Executive Dir. Trustee or director | 30 | $41,392 |
| Zeynep Turk | President Trustee or director | 1.25 | $0 |
| David Eagleson | Treasurer Trustee or director | 1.25 | $0 |
| Tony Perkins | Director Trustee or director | 1.25 | $0 |
| Dennis Leiner | Vice President Trustee or director | 1.25 | $0 |
| Gary Goodrich | Director Trustee or director | 1.25 | $0 |
| Casey Doucette | Secretary Trustee or director | 1.25 | $0 |
| Anne Breggia | Director Trustee or director | 1.25 | $0 |
| Fran Harrison | Director Trustee or director | 1.25 | $0 |
| Kristy Townsend | Director Trustee or director | 1.25 | $0 |
| Patrick Breeding | Director Trustee or director | 1.25 | $0 |
| Stephen Pelsue | Director Trustee or director | 1.25 | $0 |
| Bethany Fortier | Director Trustee or director | 1.25 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Agnieszka Carpenter | Executive Dir. Trustee or director | 30 | $89,152 |
| Zeynep Turk | President Trustee or director | 1.25 | $0 |
| David Eagleson | Treasurer Trustee or director | 1.25 | $0 |
| Tony Perkins | Director Trustee or director | 1.25 | $0 |
| Dennis Leiner | Vice President Trustee or director | 1.25 | $0 |
| Gary Goodrich | Director Trustee or director | 1.25 | $0 |
| Casey Doucette | Secretary Trustee or director | 1.25 | $0 |
| Anne Breggia | Director Trustee or director | 1.25 | $0 |
| Fran Harrison | Director Trustee or director | 1.25 | $0 |
| Kristy Townsend | Director Trustee or director | 1.25 | $0 |
| Patrick Breeding | Director Trustee or director | 1.25 | $0 |
| Stephen Pelsue | Director Trustee or director | 1.25 | $0 |
| Bethany Fortier | Director Trustee or director | 1.25 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3362, PORTLAND, ME 04104-3362
- In care of
- % AGNIESZKA CARPENTER
- Mailing address (990-N for 2010)
- 415 Congress Street Apt No 202, Portland ME 04101
- Principal officer (990 for 2025)
- Agnieszka Carpenter, PO Box 3362, Portland, ME 04104
- Principal officer (990-N for 2010)
- Karin A Gregory MPH, 415 Congress Street Room/Suite 202, Portland ME 04101
- Signed the 990
- Agnieszka Carpenter, Executive Director
- Phone
- (207) 307-2552
- Website
- http//www.mainebiotech.org/
- Return prepared by
- Kremer & Company LLC
Mission
The Bioscience Association of Maine (BAM) is a trade organization which promotes the industry's steady growth and interprets its benefits to the public.
Program accomplishments
- Provide a forum for companies and nonprofit entities to network and exchange ideas to foster the development of the biosciences.
- Serve as a source of education/information to enhance public visibility and recognition of the sector's important economic contributions.
- Facilitate the formation and growth of bioscience enterprises in Maine.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 01-0500056
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S03)
- Assets (IRS master file)
- $1,630,607
- Income (IRS master file)
- $1,216,160
Revocation and reinstatement
- Exemption revoked
- November 15, 2014
- Posted by the IRS
- March 9, 2015
- Reinstated
- Effective November 15, 2014
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $676,073 | $707,299 | $1,630,607 | IRS |
| 990 | December 2024 | $420,194 | $299,358 | $1,664,379 | IRS |
| 990 | June 2024 | $677,614 | $606,228 | $1,590,602 | XML |
| 990 | June 2023 | $837,333 | $596,696 | $1,481,817 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990-N for 2010 Officer: Karin A Gregory MPH | June 30, 2011 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0500056).
Questions about BIOTECHNOLOGY ASSOCIATION OF MAINE
- What is the EIN of BIOTECHNOLOGY ASSOCIATION OF MAINE?
- The employer identification number (EIN) of BIOTECHNOLOGY ASSOCIATION OF MAINE is 01-0500056.
- Is BIOTECHNOLOGY ASSOCIATION OF MAINE tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2014 and reinstated it effective November 15, 2014.
- Are donations to BIOTECHNOLOGY ASSOCIATION OF MAINE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BIOTECHNOLOGY ASSOCIATION OF MAINE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BIOTECHNOLOGY ASSOCIATION OF MAINE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BIOTECHNOLOGY ASSOCIATION OF MAINE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BIOTECHNOLOGY ASSOCIATION OF MAINE?
- The 990 for the year ended December 31, 2025 names Agnieszka Carpenter.
- Who are the officers and directors of BIOTECHNOLOGY ASSOCIATION OF MAINE?
- The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $97,978 (Agnieszka Carpenter, Executive Dir.).
- How much revenue does BIOTECHNOLOGY ASSOCIATION OF MAINE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $676,073, expenses of $707,299 and total assets of $1,630,607 at year end.
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All nonprofits in PORTLAND · Maine · Community improvement and capacity building