Nonprofit · EIN 45-3690618
BIOCONNECT IOWA
Tax-exempt · DES MOINES, IA 50309
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,948,451 | $2,163,333 | $4,785,118 | $15,246,639 | $40,928 | $15,205,711 |
| June 30, 2024 | 990 | $7,697,006 | $2,810,364 | $4,886,642 | $11,193,384 | $120,699 | $11,072,685 |
| June 30, 2023 | 990 | $7,338,139 | $2,307,855 | $5,030,284 | $6,297,217 | $88,288 | $6,208,929 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,851,291
- of which government grants
- $6,851,291
- Program service revenue
- $95,990
- Investment income
- $1,170
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $16,457
- Compensation of officers, directors and key employees
- $369,630
- Other salaries and wages
- $60,912
- Salaries, compensation and benefits (total)
- $487,094
- Professional fundraising fees
- $0
- Legal fees
- $13,843
- Accounting fees
- $87,148
- Occupancy
- $45,218
- Travel
- $24,286
- Program services (functional)
- $1,640,082
- Management and general (functional)
- $523,251
Balance sheet and other
- Total assets, start of year
- $11,193,384
- Total assets, end of year
- $15,246,639
- Total liabilities, end of year
- $40,928
- Net assets, end of year
- $15,205,711
- Net assets without donor restrictions
- $11,339,842
- Net assets with donor restrictions
- $3,865,869
- Gross receipts
- $6,948,451
- Employees
- 6
- Volunteers
- 0
- Year formed
- 2011
- State of legal domicile
- IA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVEN BRODY | CEO AND PRESIDENT Officer | 40 | $210,840 | $6,462 |
| STEVEN SMITH | COMMERCIAL OFFICER Highest-paid employee | 40 | $158,790 | $12,790 |
| DAN JACOBI | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BILLI HUNT | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MATTHEW WARRENS | MEMBER Trustee or director | 2 | $0 | $0 |
| DR CHRISTINE SINDT | MEMBER Trustee or director | 2 | $0 | $0 |
| DR YE LAO | MEMBER Trustee or director | 2 | $0 | $0 |
| R SCOTT JOHNSON | MEMBER Trustee or director | 2 | $0 | $0 |
| DR ASHTYN ZINN | MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVEN BRODY | CEO AND PRESIDENT Officer | 40 | $220,640 | $7,698 |
| STEVEN SMITH | COMMERCIAL OFFICER Highest-paid employee | 40 | $153,840 | $12,298 |
| PAUL SCHICKLER | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BILLI HUNT | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MATTHEW WARRENS | MEMBER Trustee or director | 2 | $0 | $0 |
| TIM WHIPPLE | MEMBER Trustee or director | 2 | $0 | $0 |
| DR YE LAO | MEMBER Trustee or director | 2 | $0 | $0 |
| R SCOTT JOHNSON | MEMBER Trustee or director | 2 | $0 | $0 |
| DR ASHTYN ZINN | MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVEN BRODY | CEO AND PRESIDENT Officer | 40 | $200,840 | $5,759 |
| STEVEN SMITH | COMMERCIAL OFFICER Highest-paid employee | 40 | $150,840 | $11,632 |
| MATTHEW WARRENS | MEMBER Trustee or director | 2 | $0 | $0 |
| TIM WHIPPLE | MEMBER Trustee or director | 2 | $0 | $0 |
| JOHN GREAVES | MEMBER Trustee or director | 2 | $0 | $0 |
| R SCOTT JOHNSON | MEMBER Trustee or director | 2 | $0 | $0 |
| PAUL SCHICKLER | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BILLI HUNT | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| REBECCA FUSSELMAN | MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 606 WALNUT ST STE 2250, DES MOINES, IA 50309-3997
- Principal officer (990 for 2024)
- DAN JACOBI, 606 WALNUT STREET SUITE 2250, DES MOINES, IA 50309
- Signed the 990
- DAN JACOBI, BOARD CHAIR
- Phone
- (515) 554-4396
- Website
- WWW.BIOCONNECTIOWA.ORG
- Return prepared by
- UHY ADVISORS MIDWEST INC
Mission
BIOCONNECT IOWA'S MISSION IS TO MAKE IOWA A POWERHOUSE OF BIOSCIENCE RESEARCH AND INDUSTRY AND TO CREATE EXCITING AND HIGH-PAYING CAREERS FOR IOWANS WHOSE WORK WILL IMPROVE THE HEALTH AND WELFARE OF PEOPLE AROUND THE GLOBE.IMAGINE AN IOWA WHERE RESEARCH AND INNOVATION LEAD TO VACCINES THAT PREVENT MAJOR DISEASES; ENVIRONMENTALLY FRIENDLY BIOBASED PRODUCTS; MEDICAL DEVICES THAT SAVE COUNTLESS LIVES; AND PRECISION AND DIGITAL AGRICULTURE THAT TRANSFORM FOOD PRODUCTION.THIS IS THE FUTURE OF BIOSCIENCE IN IOWA, AND THE MISSION OF BIOCONNECT IOWA IS TO MAKE IT HAPPEN.
Program accomplishments
- SBIR/STTR OUTREACH PROGRAM: BIOCONNECT IOWA MANAGES THIS PROGRAM, FUNDED BY THE IOWA ECONOMIC DEVELOPMENT AUTHORITY (IEDA), WHICH ASSISTS STARTUPS WITH THEIR FEDERAL SOLICITATION APPLICATIONS. AS WELL AS TECHNICAL WRITING ASSISTANCE, BIOCONNECT IOWA PROVIDES SUBSEQUENT MATCHING FUNDS FOR SUCCESSFUL PHASE I SBIR/STTR GRANTEES AND PHASE II SBIR/STTR GRANT APPLICANTS.Expenses $1,095,913 · revenue $95,990
- PER IOWA CODE, SECTION 15.107, BIOCONNECT IOWA IS CHARGED WITH RECEIVING AND DISBURSING FUNDS FROM PUBLIC OR PRIVATE SOURCES TO BE USED TO ENHANCE BIOSCIENCE-BASED ECONOMIC DEVELOPMENT IN THE STATE AND TO FURTHER THE OVERALL DEVELOPMENT AND ECONOMIC WELL-BEING OF THE STATE.Expenses $421,012
- IOWA G2M ACCELERATOR PROGRAM: THE IOWA GO-TO-MARKET (G2M) ACCELERATOR PROGRAM PROVIDES "FOLLOW-ON" SUPPORT FOR ENTREPRENEURS WHO HAVE COMPLETED ONE OF THE GROWING NUMBER OF ACCELERATOR PROGRAMS IN THE STATE (OR ARE AT AN EQUIVALENT STAGE FOLLOWING COMPLETION OF A SUCCESSFUL SBIR/STTR PROJECT OR OTHER PROGRAM THAT INCLUDES AN ENTREPRENEURSHIP DEVELOPMENT COMPONENT) BUT WHO NEED ADDITIONAL SUPPORT TO INCREASE THEIR LIKELIHOOD OF COMMERICAL SUCCESS. THE EIGHT-MONTH PROGRAM ALLOWS YOU TO BUILD ON THE FOUNDATIONAL SKILLS YOU'VE LEARNED AND ADVANCEMENTS YOU'VE MADE IN GROUP AND ONE-ON-ONE SETTINGS. THE THREE ELEMENTS INCLUDED IN THE PROGRAM INCLUDE: 1-ON-1 MENTORSHIP, PRO BONO BUSINESS SUPPORT, AND GROUP WORKSHOPS.Expenses $123,157 · grants $16,457
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-3690618
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $15,246,639
- Income (IRS master file)
- $6,948,451
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,948,451 | $2,163,333 | $15,246,639 | XML |
| 990 | June 2024 | $7,697,006 | $2,810,364 | $11,193,384 | XML |
| 990 | June 2023 | $7,338,139 | $2,307,855 | $6,297,217 | XML |
| 990 | June 2022 | $1,803,790 | $1,584,053 | $1,127,931 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
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 45-3690618).
Questions about BIOCONNECT IOWA
- What is the EIN of BIOCONNECT IOWA?
- The employer identification number (EIN) of BIOCONNECT IOWA is 45-3690618.
- Is BIOCONNECT IOWA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to BIOCONNECT IOWA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BIOCONNECT IOWA 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 BIOCONNECT IOWA due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BIOCONNECT IOWA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BIOCONNECT IOWA?
- The 990 for the year ended June 30, 2025 names DAN JACOBI.
- Who are the officers and directors of BIOCONNECT IOWA?
- The 990 for the year ended June 30, 2025 lists 9 people; 2 received compensation from the organization, the highest $210,840 (STEVEN BRODY, CEO AND PRESIDENT).
- How much revenue does BIOCONNECT IOWA have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,948,451, expenses of $2,163,333 and total assets of $15,246,639 at year end.
Other nonprofits in DES MOINES
- DES MOINES PERFORMING ARTS EIN 51-0138181 · last filed 990 for 2025
- GREATER DES MOINES PARTNERSHIP EIN 42-1489668 · last filed 990 for 2025
- CENTER AT SIXTH EIN 88-2816453 · last filed 990 for 2024
- IOWA RURAL HEALTH TELECOMMUNICATIONS PROGRAM EIN 46-2933510 · last filed 990 for 2024
- DOWNTOWN DES MOINES SELF-SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT EIN 86-1058466 · last filed 990 for 2025
- NEIGHBORHOOD INVESTMENT CORPORATION EIN 42-1522241 · last filed 990 for 2025
- IOWA CITIZENS FOR COMMUNITY IMPROVEMENT EIN 42-1110721 · last filed 990 for 2025
- TECHNOLOGY ASSOCIATION OF IOWA EIN 39-1908574 · last filed 990 for 2024
All nonprofits in DES MOINES · Iowa · Community improvement and capacity building