Nonprofit · EIN 52-1224577
BIOTECHNOLOGY INNOVATION ORGANIZATION
Tax-exempt · WASHINGTON, DC 20005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $117,748,708 | $100,010,786 | $17,737,922 | $170,089,094 | $76,918,293 | $93,170,801 |
| December 31, 2023 | 990 | $113,768,509 | $91,630,164 | $22,138,345 | $156,639,347 | $79,279,320 | $77,360,027 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $91,769,762
- Investment income
- $9,375,263
- Royalties
- $16,603,683
- Net gain from sales of assets
- $4,824,597
- Other revenue
- $16,603,683
Expenses
- Grants and similar amounts paid
- $2,331,287
- Compensation of officers, directors and key employees
- $5,683,009
- Other salaries and wages
- $29,026,368
- Salaries, compensation and benefits (total)
- $41,996,482
- Professional fundraising fees
- $0
- Legal fees
- $1,171,505
- Accounting fees
- $98,136
- Occupancy
- $4,133,690
- Travel
- $1,733,037
- Depreciation
- $914,712
Balance sheet and other
- Total assets, start of year
- $156,639,347
- Total assets, end of year
- $170,089,094
- Total liabilities, end of year
- $76,918,293
- Net assets, end of year
- $93,170,801
- Land, buildings and equipment
- $15,928,289
- Publicly traded securities
- $85,815,523
- Net assets without donor restrictions
- $93,170,801
- Gross unrelated business income
- $40,500
- Gross receipts
- $214,116,938
- Employees
- 180
- Volunteers
- 113
- Year formed
- 1981
- State of legal domicile
- DC
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN F CROWLEY | PRESIDENT AND CEO Trustee or director, Officer | 40 | $2,747,033 | $365,352 |
| RACHEL K KING | INTERIM PRESIDENT AND CEO Officer | 40 | $1,658,415 | $17,084 |
| ELIZABETH CARTIER ESHAM | CHIEF SCIENCE OFFICER Highest-paid employee | 40 | $1,012,398 | $18,928 |
| STEPHEN JASKO | CHIEF BUSINESS AND FINANCIAL OFFICER Officer | 40 | $808,510 | $86,616 |
| PETER MCHUGH | CHIEF LEGAL OFFICER Highest-paid employee | 40 | $688,807 | $90,259 |
| RICHARD MASTERS | CHIEF PUBLIC AFFAIRS & MARKETING OFF Highest-paid employee | 40 | $744,710 | $26,368 |
| LETONIA D FYKES | CHIEF EVENTS & INDUSTRY PROGRAMS OFFICER Highest-paid employee | 40 | $596,087 | $72,996 |
| JOHN MURPHY | CHIEF POLICY OFFICER Highest-paid employee | 40 | $567,043 | $27,095 |
| MICHELLE MCMURRY-HEATH | FORMER PRESIDENT AND CEO Former | 40 | $264,130 | $0 |
| FRITZ BITTENBENDER | BOARD & HEALTH SECTION VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| GRACE E COLON | EMERGING COMPANIES SECTION V CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| PAUL J HASTINGS | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ELIZABETH LEWIS UNTIL 32024 | ASSOCIATE VICE CHAIR & SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| TED W LOVE | BOARD & HEALTH SECTION CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM J NEWELL | ASSOCIATE VICE CHAIR & SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
103 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNA RATH UNTIL 32024 | AGRICULTURE & ENV SECTION CHAIR Trustee or director, Officer | 2 | $0 |
| DUANE J SIMPSON | AGRICULTURE & ENV SECTION VICE CHAIR Trustee or director, Officer | 2 | $0 |
| ERIKA SMITH | EMERGING COMPANIES SECTION CHAIR Trustee or director, Officer | 2 | $0 |
| TAD SONSTEGARD | AGRICULTURE & ENV SECTION VICE CHAIR Trustee or director, Officer | 2 | $0 |
| BRADFORD A ZAKES | TREASURER Trustee or director, Officer | 2 | $0 |
| ANGELA CARISA AILLONI | DIRECTOR (UNTIL DECEMBER 2024) Trustee or director | 2 | $0 |
| STEVE ALBERS | DIRECTOR Trustee or director | 2 | $0 |
| STUART A ARBUCKLE | DIRECTOR Trustee or director | 2 | $0 |
| MARTIN BABLER | DIRECTOR Trustee or director | 2 | $0 |
| MARIANNE DE BACKER | DIRECTOR Trustee or director | 2 | $0 |
| BRAD BAILEY | DIRECTOR Trustee or director | 2 | $0 |
| JACOB BECRAFT | DIRECTOR Trustee or director | 2 | $0 |
| SULAGNA BHATTACHARYA | DIRECTOR Trustee or director | 2 | $0 |
| ROBERT BLUM | DIRECTOR Trustee or director | 2 | $0 |
| CARRIE L BOURDOW | DIRECTOR (UNTIL DECEMBER 2024) Trustee or director | 2 | $0 |
| CARINE BOUSTANY | DIRECTOR Trustee or director | 2 | $0 |
| DAVID BOYER | DIRECTOR Trustee or director | 2 | $0 |
| STEPHEN BRADY | DIRECTOR Trustee or director | 2 | $0 |
| CHRISTINE BRENNAN | DIRECTOR Trustee or director | 2 | $0 |
| VICTOR BULTO | DIRECTOR Trustee or director | 2 | $0 |
| JOHN BUTLER | DIRECTOR Trustee or director | 2 | $0 |
| GIACOMO CHIESI | DIRECTOR Trustee or director | 2 | $0 |
| JEFFREY L CLELAND | DIRECTOR Trustee or director | 2 | $0 |
| RON COHEN | DIRECTOR (UNTIL JUNE 2024) Trustee or director | 2 | $0 |
| BRUCE C COZADD | DIRECTOR Trustee or director | 2 | $0 |
| MIKE DIAL | DIRECTOR Trustee or director | 2 | $0 |
| ERIC M DUBE | DIRECTOR Trustee or director | 2 | $0 |
| MARC DUNOYER | DIRECTOR Trustee or director | 2 | $0 |
| MARK ENYEDY | DIRECTOR (UNTIL MAY 2024) Trustee or director | 2 | $0 |
| DAVID ESPOSITO | DIRECTOR Trustee or director | 2 | $0 |
| BARRY P FLANNELLY | DIRECTOR Trustee or director | 2 | $0 |
| ALEXANDRIA FORBES | DIRECTOR Trustee or director | 2 | $0 |
| KAYE FOSTER | DIRECTOR (UNTIL MAY 2024) Trustee or director | 2 | $0 |
| CEDRIC FRANCOIS | DIRECTOR (UNTIL SEPTEMBER 2024) Trustee or director | 2 | $0 |
| CARI GALLMAN | DIRECTOR Trustee or director | 2 | $0 |
| KYLE GANO | DIRECTOR (UNTIL OCTOBER 2024) Trustee or director | 2 | $0 |
| DEBORAH GLASSER | DIRECTOR Trustee or director | 2 | $0 |
| JOHN GLASSPOOL | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER GOOD | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN C GORMAN | DIRECTOR (UNTIL JUNE 2024) Trustee or director | 2 | $0 |
| YVONNE GREENSTREET | DIRECTOR Trustee or director | 2 | $0 |
| SEBASTIAN GUTH | DIRECTOR Trustee or director | 2 | $0 |
| KARIS GUTTER | DIRECTOR Trustee or director | 2 | $0 |
| ALEXANDER HARDY | DIRECTOR (UNTIL OCTOBER 2024) Trustee or director | 2 | $0 |
| STEVEN HARR | DIRECTOR Trustee or director | 2 | $0 |
| RACHEL HAURWITZ | DIRECTOR Trustee or director | 2 | $0 |
| KATE HAVILAND | DIRECTOR Trustee or director | 2 | $0 |
| DAVID HIRSCHI | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER HOLMGREN | DIRECTOR Trustee or director | 2 | $0 |
| CRISTIN HUBBARD | DIRECTOR Trustee or director | 2 | $0 |
| MIKE HUCKMAN | DIRECTOR Trustee or director | 2 | $0 |
| ELIZABETH JEFFORDS | DIRECTOR Trustee or director | 2 | $0 |
| SABRINA JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| PATRIK JONSSON | DIRECTOR Trustee or director | 2 | $0 |
| DAVID KETTNER | DIRECTOR Trustee or director | 2 | $0 |
| NINA KJELLSON | DIRECTOR Trustee or director | 2 | $0 |
| SCOTT KOENIG | DIRECTOR Trustee or director | 2 | $0 |
| NEIL KUMAR | DIRECTOR Trustee or director | 2 | $0 |
| JOSEPH J LAROSA | DIRECTOR Trustee or director | 2 | $0 |
| CHRIS LEIBMAN | DIRECTOR Trustee or director | 2 | $0 |
| JEREMY M LEVIN | DIRECTOR Trustee or director | 2 | $0 |
| SANDY MACRAE | DIRECTOR Trustee or director | 2 | $0 |
| GAIL MADERIS | DIRECTOR (UNTIL SEPTEMBER 2024) Trustee or director | 2 | $0 |
| ANTHONY MANCINI | DIRECTOR (UNTIL OCTOBER 2024) Trustee or director | 2 | $0 |
| MAYA MARTINEZ-DAVIS | DIRECTOR (UNTIL DECEMBER 2024) Trustee or director | 2 | $0 |
| SHARON MATES | DIRECTOR Trustee or director | 2 | $0 |
| THOMAS P MATHERS | DIRECTOR Trustee or director | 2 | $0 |
| REENIE MCCARTHY | DIRECTOR Trustee or director | 2 | $0 |
| SHEILA ANN MIKHAIL | DIRECTOR Trustee or director | 2 | $0 |
| FREDERICK MOORE | DIRECTOR Trustee or director | 2 | $0 |
| ROCCO MORELLI | DIRECTOR (UNTIL MARCH 2024) Trustee or director | 2 | $0 |
| MICHAEL M MORRISSEY | DIRECTOR Trustee or director | 2 | $0 |
| AMIR NASHAT | DIRECTOR (UNTIL JUNE 2024) Trustee or director | 2 | $0 |
| SONIA NATH | DIRECTOR Trustee or director | 2 | $0 |
| ANDREW OBENSHAIN | DIRECTOR Trustee or director | 2 | $0 |
| JANNIE OOSTHUIZEN | DIRECTOR Trustee or director | 2 | $0 |
| CATHERINE OWEN | DIRECTOR (UNTIL JANUARY 2024) Trustee or director | 2 | $0 |
| JULIA OWENS | DIRECTOR Trustee or director | 2 | $0 |
| JOHN V OYLER | DIRECTOR (UNTIL JUNE 2024) Trustee or director | 2 | $0 |
| CYNTHIA PERETTIE | DIRECTOR Trustee or director | 2 | $0 |
| RICHARD POPS | DIRECTOR Trustee or director | 2 | $0 |
| MARK PRUZANSKI | DIRECTOR Trustee or director | 2 | $0 |
| SOFIE QIAO | DIRECTOR (UNTIL MAY 2024) Trustee or director | 2 | $0 |
| MIKE G RAAB | DIRECTOR Trustee or director | 2 | $0 |
| MAGI RICHANI | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL J RUGGIERO | DIRECTOR Trustee or director | 2 | $0 |
| JAMES SAPIRSTEIN | DIRECTOR Trustee or director | 2 | $0 |
| CHRISTOPHE SCHILLING | DIRECTOR (UNTIL FEBRUARY 2024) Trustee or director | 2 | $0 |
| MICHAEL SCHOEN | DIRECTOR Trustee or director | 2 | $0 |
| HAROUT SEMERJIAN | DIRECTOR Trustee or director | 2 | $0 |
| NANCY SIMONIAN | DIRECTOR (UNTIL FEBRUARY 2024) Trustee or director | 2 | $0 |
| EDDIE J SULLIVAN | DIRECTOR Trustee or director | 2 | $0 |
| IAN THOMPSON | DIRECTOR (UNTIL OCTOBER 2024) Trustee or director | 2 | $0 |
| NOLAN TOWNSEND | DIRECTOR Trustee or director | 2 | $0 |
| LINDA TROLINDER | DIRECTOR (UNTIL JANUARY 2024) Trustee or director | 2 | $0 |
| NEIL K WARMA | DIRECTOR Trustee or director | 2 | $0 |
| FRANK WATANABE | DIRECTOR Trustee or director | 2 | $0 |
| SCOTT WHITE | DIRECTOR Trustee or director | 2 | $0 |
| LESLIE WILLIAMS | DIRECTOR Trustee or director | 2 | $0 |
| RICK E WINNINGHAM | DIRECTOR Trustee or director | 2 | $0 |
| SYLVIA WULF | DIRECTOR Trustee or director | 2 | $0 |
| TATSUYUKI YASUNO | DIRECTOR Trustee or director | 2 | $0 |
| DAPHNE ZOHAR | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 114 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHELLE MCMURRY-HEATH | FORMER PRESIDENT AND CEO Former | 40 | $1,848,121 | $6,522 |
| RACHEL K KING | INTERIM PRESIDENT AND CEO Officer | 40 | $1,267,480 | $64,672 |
| RICHARD MASTERS | CHIEF PUBLIC AFFAIRS & MARKETING OFFICER Highest-paid employee | 40 | $761,623 | $85,347 |
| NICHOLAS SHIPLEY | CHIEF ADVOCACY OFFICER Highest-paid employee | 40 | $758,821 | $80,397 |
| STEPHEN JASKO | CHIEF FINANCIAL OFFICER, EVP BUSINESS DEVELOPMENT Officer | 40 | $746,044 | $86,573 |
| ELIZABETH ESHAM | CHIEF SCIENCE OFFICER Highest-paid employee | 40 | $737,273 | $56,912 |
| PETER MCHUGH | CHIEF LEGAL OFFICER Highest-paid employee | 40 | $665,131 | $88,647 |
| JOHN MURPHY | CHIEF POLICY OFFICER Highest-paid employee | 40 | $550,953 | $87,604 |
| GRACE E COLON | EMERGING COMPANIES SECT. VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOHN F CROWLEY | HEALTH SECTION VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| PAUL J HASTINGS | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ELIZABETH LEWIS | ASSOCIATE VICE CHAIR & SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| TED W LOVE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ANNA RATH | AGRICULTURE & ENVIRONMENT SECT CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DUANE J SIMPSON | AGRICULTURE & ENVIRONMENT VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ERIKA SMITH | EMERGING COMPANIES SECTION CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SYLVIA WULF | AGRICULTURE & ENVIRONMENT SECT CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BRADFORD A ZAKES | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ANGELA CARISA AILLONI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEVE ALBERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STUART A ARBUCKLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARTIN BABLER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SULAGNA BHATTACHARYA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEAN-JACQUES BIENAIME | DIRECTOR (UNTIL DECEMBER 2023) Trustee or director | 2 | $0 | $0 |
| FRITZ BITTENBENDER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT BLUM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER BOERNER | DIRECTOR (UNTIL JUNE 2023) Trustee or director | 2 | $0 | $0 |
| CARRIE L BOURDOW | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CARINE BOUSTANY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEPHEN BRADY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| VICTOR BULTO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EMMANUEL CAEYMAEX | DIRECTOR (UNTIL DECEMBER 2023) Trustee or director | 2 | $0 | $0 |
| PABLO J CAGNONI | DIRECTOR (UNTIL OCTOBER 2023) Trustee or director | 2 | $0 | $0 |
| KAY CHANDLER | DIRECTOR (UNTIL DECEMBER 2023) Trustee or director | 2 | $0 | $0 |
| IVAN CHEUNG | DIRECTOR (UNTIL SEPTEMBER 2023) Trustee or director | 2 | $0 | $0 |
| GIACOMO CHIESI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEFFREY L CLELAND | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RON COHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRUCE C COZADD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROGER CRYSTAL | DIRECTOR (UNTIL JUNE 2023) Trustee or director | 2 | $0 | $0 |
| DOUGLAS DOERFLER | DIRECTOR (UNTIL DECEMBER 2023) Trustee or director | 2 | $0 | $0 |
| ERIC M DUBE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARC DUNOYER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARK ENYEDY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BARRY P FLANNELLY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALEXANDRIA FORBES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KAYE FOSTER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CEDRIC FRANCOIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DEBORAH GLASSER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN GLASSPOOL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JENNIFER GOOD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEVIN C GORMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| YVONNE GREENSTREET | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SEBASTIAN GUTH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KARIS GUTTER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEVEN HARR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RACHEL HAURWITZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JENNIFER HOLMGREN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MIKE HUCKMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELIZABETH JEFFORDS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PATRIK JONSSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALEX KARNAL | DIRECTOR (UNTIL OCTOBER 2023) Trustee or director | 2 | $0 | $0 |
| DAVID KETTNER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT KOENIG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SAMARTH KULKARNI | DIRECTOR (UNTIL MAY 2023) Trustee or director | 2 | $0 | $0 |
| JOSEPH J LAROSA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRIS LEIBMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEREMY M LEVIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SANDY MACRAE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GAIL MADERIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AAMIR MALIK | DIRECTOR (UNTIL DECEMBER 2023) Trustee or director | 2 | $0 | $0 |
| ANTHONY MANCINI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MAYA MARTINEZ-DAVIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHARON MATES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| THOMAS P MATHERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| REENIE MCCARTHY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHEILA ANN MIKHAIL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROCCO MORELLI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHAEL M MORRISSEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHAEL NARACHI | DIRECTOR (UNTIL FEBRUARY 2023) Trustee or director | 2 | $0 | $0 |
| AMIR NASHAT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM J NEWELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANDREW OBENSHAIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JANNIE OOSTHUIZEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CATHERINE OWEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JULIA OWENS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN V OYLER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CINDY PERETTIE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ADELENE Q PERKINS | DIRECTOR (UNTIL OCTOBER 2023) Trustee or director | 2 | $0 | $0 |
| RICHARD POPS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARK PRUZANSKI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SOFIE QIAO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MIKE G RAAB | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELENA RICE | DIRECTOR (UNTIL DECEMBER 2023) Trustee or director | 2 | $0 | $0 |
| MICHAEL J RUGGIERO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES SAPIRSTEIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTOPHE SCHILLING | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HAROUT SEMERJIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTI SHAW | DIRECTOR (UNTIL MARCH 2023) Trustee or director | 2 | $0 | $0 |
| JEFFREY SHERMAN | DIRECTOR (UNTIL OCTOBER 2023) Trustee or director | 2 | $0 | $0 |
| BILL SIBOLD | DIRECTOR (UNTIL SEPTEMBER 2023) Trustee or director | 2 | $0 | $0 |
| NANCY SIMONIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EDDIE J SULLIVAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| IAN THOMPSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NOLAN TOWNSEND | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LINDA TROLINDER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NEIL K WARMA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SUE WASHER | DIRECTOR (UNTIL MARCH 2023) Trustee or director | 2 | $0 | $0 |
| FRANK WATANABE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT WHITE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RICK E WINNINGHAM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROGER WYSE | DIRECTOR (UNTIL DECEMBER 2023) Trustee or director | 2 | $0 | $0 |
| TATSUYUKI YASUNO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAPHNE ZOHAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 NEW YORK AVE NW STE 1300, WASHINGTON, DC 20005-4853
- Principal officer (990 for 2024)
- JOHN CROWLEY, 1201 NEW YORK AVE NW NO 1300, WASHINGTON, DC 20005
- Signed the 990
- STEPHEN JASKO, CHIEF BUSN & FINANCIAL OFFICER
- Phone
- (202) 962-9200
- Website
- WWW.BIO.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE BIOTECHNOLOGY INNOVATION ORGANIZATION (BIO) REPRESENTS APPROXIMATELY 1,000 COMPANIES AND ORGANIZATIONS IN WASHINGTON DC, STATE CAPITALS, AND INTERNATIONAL FORA. BIO IS FOUNDED ON THE PRINCIPLE THAT POLICY MUST NURTURE INNOVATION IN THE LIFE SCIENCES TO OVERCOME CHALLENGES IN HEALTH CARE, AGRICULTURE, INDUSTRY, AND THE ENVIRONMENT. OUR MEMBERS REPRESENT COMPANIES OFFERING A SPECTRUM OF BIOTECHNOLOGY APPLICATIONS ACROSS MAJOR SECTORS OF THE ECONOMY. BIO MEMBERS ALSO INCLUDE UNIVERSITIES, NONPROFITS, PATIENT GROUPS, AND OTHER ORGANIZATIONS THAT PLAY AN IMPORTANT ROLE IN THE FUTURE OF THE LIFE SCIENCES. BIO'S ACTIVITIES ARE BROKEN DOWN INTO TWO PROGRAMS - ADVOCACY AND SERVICES.
Program accomplishments
- ADVOCACY: BIOTECHNOLOGY INNOVATION ORGANIZATION (BIO)'S ADVOCACY EFFORTS REFLECT THE PRIORITIES IDENTIFIED BY THE BIO BOARD OF DIRECTORS AND THE THREE SECTION GOVERNING BOARDS.THE BOARD OF DIRECTORS FOCUSES ON ISSUES OF IMPORTANCE TO ALL BIO MEMBERS, REGARDLESS OF THEIR SIZE OR TECHNOLOGY. THESE CROSS-CUTTING ADVOCACY ACCOMPLISHMENTS FOR THE YEAR ARE LISTED BELOW: - SAFEGUARDED AND ADVANCED INTELLECTUAL PROPERTY PROTECTIONS, DOMESTICALLY AND INTERNATIONALLY.- FOSTERED A DIALOGUE ABOUT PROACTIVELY ADVANCING THE SOCIALLY RESPONSIBLE USE OF BIOTECHNOLOGY.- PROMOTED INVESTMENT IN GOVERNMENT AND ACADEMIC RESEARCH.- EXPANDED OUTREACH TO FOREIGN GOVERNMENTS AND INTERNATIONAL ENTITIES TO EDUCATE ON POLICY ISSUES OF IMPORTANCE TO THE BIOTECHNOLOGY INDUSTRY AND TO IMPROVE THE INVESTMENT AND REGULATORY CLIMATE FOR BIOTECH PRODUCTS.THE HEALTH SECTION ADVOCACY ACCOMPLISHMENTS: - PROMOTED HEALTHCARE POLICIES THAT RECOGNIZE BOTH THE PROMISE AND VALUE OF INNOVATION.- ADVOCATED FOR A SAFE AND PREDICTABLE REGULATORY ENVIRONMENT FOR VALUE-BASED PAYMENT ARRANGEMENTS FOR DRUGS AND BIOLOGICS.- ENHANCED AND PROTECTED PATIENT ACCESS TO INNOVATIVE THERAPIES AND PROMOTED THE NEED FOR GREATER NONDISCRIMINATION ENFORCEMENT AGAINST INSURANCE BENEFIT DESIGNS.- ADVOCATED FOR BIOSIMILARS POLICIES THAT PROTECT PATIENT SAFETY, PROMOTE BIOMEDICAL INNOVATION, AND ADVANCE THE SCIENCE-BASED REVIEW AND APPROVAL OF BIOSIMILARS AND INTERCHANGEABLE BIOLOGICAL PRODUCTS.- PROMOTED THE VALUE OF U.S. GOVERNMENT INVESTMENTS IN PROGRAMS THAT IMPROVE ACCESS TO IMMUNIZATIONS AND FOSTER VACCINE INNOVATION, STRENGTHENED OUR ABILITY TO RESPOND TO BIOTERROR THREATS OR EMERGING INFECTIOUS DISEASES, AND ENCOURAGED DEVELOPMENT OF NEW PRODUCTS TO FIGHT ANTIMICROBIAL RESISTANCE (AMR).- INFLUENCED IMPROVEMENTS TO THE INTERNATIONAL ENVIRONMENT FOR BIOMEDICAL INNOVATION AND GLOBAL PUBLIC HEALTH PREPAREDNESS.- ADVOCATED FOR THE MODERNIZATION OF THE CLINICAL DEVELOPMENT PARADIGM.THE EMERGING COMPANIES SECTION ADVOCACY ACCOMPLISHMENTS: - ADVANCED THE INTEREST OF EMERGING COMPANIES IN CAPITAL FORMATION AND FINANCIAL SERVICES POLICY.- ADVOCATED FOR FISCAL POLICIES SUPPORTING INNOVATIVE EMERGING COMPANIES AND INVESTMENT IN GROUNDBREAKING R&D; ENHANCED THE VOICE OF PRE-REVENUE, R&D-INTENSIVE BUSINESSES- ADVOCATED FOR THE REMOVAL OF BURDENSOME FINANCIAL REPORTING REGULATIONS ON EMERGING COMPANIES.THE AGRICULTURE & ENVIRONMENT SECTION ADVOCACY ACCOMPLISHMENTS:BIO'S AGRICULTURE & ENVIRONMENT (OR AG & ENVIRONMENT) SECTION FOCUSES ON ISSUES RELATED TO THE ORGANIZATION'S PRIOR FOOD & AGRICULTURE AND INDUSTRIAL & ENVIRONMENT SECTIONS. THESE INCLUDE:- ADVOCATING ON INITIATIVES THAT STRENGTHEN THE BIOECONOMY; AND- MEETING SHARED GOALS RELATED TO SOCIETAL CHALLENGES SUCH AS FOOD SECURITY, NATIONAL SECURITY AND CLIMATE CHANGE.THE AG & ENVIRONMENT SECTION ADVOCATES AND COORDINATES DIRECTLY WITH GOVERNMENT AND INDUSTRY STAKEHOLDERS TO INCREASE THE UNDERSTANDING AND ACCEPTANCE OF BIOTECH INNOVATION, WHILE ALSO IMPROVING THE REGULATORY AND APPROVAL PROCESSES. THIS SECTION PROMOTES APPROPRIATE INITIATIVES THAT SUPPORT INNOVATION, MARKET ACCESS, AND MARKET ACCEPTANCE.
- SERVICES: BIO'S SERVICES INCLUDE CONFERENCES AND ACTIVITIES THAT BRING ADVOCACY ACCOMPLISHMENTS LISTED BELOW:- SAFEGUARDED AND ADVANCED INTELLECTUAL PROPERTY PROTECTIONS, DOMESTICALLY AND INTERNATIONALLY.- FOSTERED A DIALOGUE ABOUT PROACTIVELY ADVANCING THE SOCIALLY RESPONSIBLE USE OF BIOTECHNOLOGY.- PROMOTED INVESTMENT IN GOVERNMENT AND ACADEMIC RESEARCH.- BROUGHT TOGETHER INDUSTRY STAKEHOLDERS AND INVESTORS FOR EVENTS RANGING FROM THE BIO INTERNATIONAL CONVENTION TO CONFERENCES FOR BUSINESS DEVELOPMENT EXECUTIVES.THE BIO INTERNATIONAL CONVENTION ATTRACTS THE MOST INFLUENTIAL BIOTECH AND PHARMA ATTENDEES FROM 69 COUNTRIES AND 50 U.S. STATES, AS WELL AS THE DISTRICT OF COLUMBIA AND PUERTO RICO AND OFFERS PROFESSIONAL AND BUSINESS DEVELOPMENT OPPORTUNITIES. THE NET INCOME FROM THE CONVENTION SUPPORTS OUR ADVOCACY, PUBLIC OUTREACH, AND OTHER MEMBER SERVICE ACTIVITIES.THE KEY ELEMENTS OF THE BIO INTERNATIONAL CONVENTION ARE EDUCATIONAL PROGRAMMING, EXHIBITION, THE BIO BUSINESS FORUM, AND NETWORKING EVENTS. THESE ELEMENTS PROVIDE AN OPPORTUNITY FOR BIOTECHNOLOGY AND PHARMACEUTICAL COMPANIES, ACADEMIC RESEARCH INSTITUTIONS, AND INVESTORS FROM AROUND THE WORLD TO LEARN ABOUT RECENT SCIENTIFIC AND POLICY DEVELOPMENTS, AND SCHEDULE ONE-ON-ONE MEETINGS TO DISCUSS POTENTIAL BUSINESS OPPORTUNITIES. THE BIO BUSINESS FORUM AT THE CONVENTION HOSTS TENS OF THOUSANDS OF PARTNERING MEETINGS AMONG A FEW THOUSAND COMPANIES, ALONG WITH A COUPLE HUNDRED COMPANY PRESENTATIONS. THE CONVENTION HOSTS HUNDREDS OF SPEAKERS, AND OVER A THOUSAND EXHIBITIONS WITH INTERNATIONAL, REGIONAL AND STATE PAVILIONS (AND A NUMBER OF PRODUCT FOCUS ZONES).BEYOND THE CONVENTION, BIO HOSTS OR CO-HOSTS A NUMBER OF NATIONAL AND INTERNATIONAL CONFERENCES THAT PROVIDE VENUES FOR MEMBER AND NON-MEMBER COMPANIES TO PRESENT NEW DATA, MEET WITH FELLOW BIOTECH COMPANIES, AND ATTRACT FUNDING FROM INVESTORS AND OTHER ORGANIZATIONS.
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1224577
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Exempt since
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $170,089,094
- Income (IRS master file)
- $214,116,938
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $117,748,708 | $100,010,786 | $170,089,094 | IRS |
| 990 | December 2023 | $113,768,509 | $91,630,164 | $156,639,347 | XML |
| 990 | December 2022 | $103,185,175 | $86,344,110 | $124,412,600 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 52-1224577).
Questions about BIOTECHNOLOGY INNOVATION ORGANIZATION
- What is the EIN of BIOTECHNOLOGY INNOVATION ORGANIZATION?
- The employer identification number (EIN) of BIOTECHNOLOGY INNOVATION ORGANIZATION is 52-1224577.
- Is BIOTECHNOLOGY INNOVATION ORGANIZATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1982.
- Which annual return does BIOTECHNOLOGY INNOVATION ORGANIZATION 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 INNOVATION ORGANIZATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BIOTECHNOLOGY INNOVATION ORGANIZATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BIOTECHNOLOGY INNOVATION ORGANIZATION?
- The 990 for the year ended December 31, 2024 names JOHN CROWLEY.
- Who are the officers and directors of BIOTECHNOLOGY INNOVATION ORGANIZATION?
- The 990 for the year ended December 31, 2024 lists 118 people; 9 received compensation from the organization, the highest $2,747,033 (JOHN F CROWLEY, PRESIDENT AND CEO).
- How much revenue does BIOTECHNOLOGY INNOVATION ORGANIZATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $117,748,708, expenses of $100,010,786 and total assets of $170,089,094 at year end.
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