The Bayhelix Group is located in Cupertino, CA. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bayhelix Group 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 12/2023, Bayhelix Group generated $90.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $80.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
BAYHELIX FOCUSES ON THE BUSINESS ASPECT OF THE LIFE SCIENCES AND HEALTH-CARE INDUSTRY WITH A SPECIAL INTEREST IN BRIDGING THE LIFE SCIENCES AND HEALTH-CARE COMMUNITIES IN THE US AND ASIA TO PROMOTE THE INDUSTRY IN A INTER-CONTINENTAL MANNER TO IMPLEMENT OPEN INNOVATION UNDER THE OPEN BUSINESS MODEL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Guoliang Yu Chairman | 0 | $0 | |
Michelle Chen Director | 0 | $0 | |
Yi Gao Director | 0 | $0 | |
Lan Kang Director | 0 | $0 | |
Jian Shao Director | 0 | $0 | |
Ying Yang Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $37,384 |
Total Program Service Revenue | $52,914 |
Membership dues | $0 |
Investment income | $26 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $90,324 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,462 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $78,321 |
Total expenses | $80,783 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $381,325 |
Other assets | $0 |
Total assets | $382,166 |
Total liabilities | $0 |
Net assets or fund balances | $382,166 |