American Society For Biochemistry And Molecular Biology Inc

Organization Overview

American Society For Biochemistry And Molecular Biology Inc is located in Rockville, MD. The organization was established in 1942. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 12/2022, American Society For Biochemistry And Molecular Biology Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society For Biochemistry And Molecular Biology Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, American Society For Biochemistry And Molecular Biology Inc generated $11.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $11.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE THE SCIENCE OF BIOCHEMISTRY AND MOLECULAR BIOLOGY - SEE PART III AND SCH O

Describe the Organization's Program Activity:

ASBMB PUBLISHES SEVERAL SCHOLARLY JOURNALS, WHICH EFFECTIVE JANUARY 1, 2021 BECAME OPEN ACCESS, FREELY AVAILABLE TO THE SCIENTIFIC COMMUNITY THAT INCLUDES SCIENTISTS, STUDENTS, AND SCHOLARLY INSTITUTIONS. THE JOURNAL OF BIOLOGICAL CHEMISTRY IS PUBLISHED WEEKLY, AND INCLUDES OVER 30,000 PAGES PER YEAR OF ORIGINAL RESEARCH REPORTS ON BIOCHEMISTRY AND MOLECULAR BIOLOGY. ALL SCIENTIFIC PAPERS SUBMITTED FOR PUBLICATION GO THROUGH AN EXTENSIVE PEER-REVIEW PROCESS INVOLVING SOME OF THE MORE THAN 700 MEMBERS OF THE JOURNAL'S EDITORIAL BOARD.IN ADDITION, ASBMB PUBLISHES A MONTHLY MEMBER MAGAZINE, ASBMB TODAY. THIS MAGAZINE FOCUSES ON INTERNAL SOCIETY NEWS, AS WELL AS PUBLIC AFFAIRS AND MATTERS OF BROAD INTEREST TO THE MEMBERSHIP, SUCH AS COMMITTEE ACTIVITIES AND EDUCATIONAL INITIATIVES.ASBMB ALSO HOLDS AN ANNUAL MEETING, AT WHICH ITS MEMBERS AND OTHER DISTINGUISHED SCIENTISTS PRESENT SCHOLARLY PAPERS AND DISCUSS CURRENT RESEARCH AND ISSUES IN THE FIELD OF BIOCHEMISTRY AND MOLECULAR BIOLOGY.ASBMB MAKES A NUMBER OF GRANTS AND AWARDS TO PROMISING SCIENTISTS IN THE BIOCHEMISTRY FIELD, INCLUDING AWARDS BY MERCK, VALLEE AND AVANTI.ASBMB HAS A NUMBER OF SUBCOMMITTEES THROUGH WHICH A WIDE VARIETY OF ACTIVITIES ARE ORGANIZED AND CONDUCTED.THE PUBLIC AFFAIRS ADVISORY COMMITTEE IS RESPONSIBLE FOR MONITORING AND COMMENTING ON LEGISLATIVE AND REGULATORY ISSUES OF INTEREST TO THE SOCIETY. THE COMMITTEE IS ALSO RESPONSIBLE FOR WORKING WITH THE NEWS MEDIA TO PUBLICIZE THE SOCIETY'S VIEWS ON ISSUES OF INTEREST TO THE BIOCHEMICAL RESEARCH COMMUNITY.THE EDUCATION AND PROFESSIONAL DEVELOPMENT COMMITTEE FOCUSES ON EDUCATION AND PROFESSIONAL DEVELOPMENT ISSUES IN GENERAL, AS WELL AS THE PARTICULAR PROBLEMS FACED BY WOMEN AND UNDER-REPRESENTED MINORITIES IN THE BIOCHEMICAL FIELD. THE COMMITTEE HAS PUBLISHED A CAREERS BROCHURE ENTITLED UNLOCKING LIFE'S SECRETS: CAREER OPPORTUNITIES IN BIOCHEMISTRY AND MOLECULAR BIOLOGY. THIS BROCHURE IS AIMED AT HIGH SCHOOL STUDENTS AND UNDERGRADUATES WHO MAY BE CONSIDERING PURSUING CAREERS IN BIOCHEMISTRY OR MOLECULAR BIOLOGY. ADDITIONALLY, THE COMMITTEE HAS PREPARED A RECOMMENDED CURRICULUM IN BIOCHEMISTRY FOR UNDERGRADUATES, AND HAS SURVEYED GRADUATE SCHOOLS AND THE BIOTECHNOLOGY INDUSTRY ON WHAT COURSES THESE INSTITUTIONS WOULD LIKE PROSPECTIVE STUDENTS OR EMPLOYEES TO HAVE TAKEN.THE MAXIMIZING ACCESS COMMITTEE TAKES A STRONG INTEREST IN EDUCATION MATTERS AS THEY PERTAIN TO AFRICAN, HISPANIC, AND NATIVE AMERICAN STUDENTS. VERY FEW PERSONS FROM THESE GROUPS ENTER THE FIELDS.IN ADDITION TO THE ABOVE COMMITTEE ACTIVITIES, ASBMB IS ONE OF THE FOUNDING ORGANIZATIONS OF MINORITIES IN SCIENCES AND TECHNOLOGY (MIST), A WASHINGTON-BASED COALITION OF SCIENCE ORGANIZATIONS INTERESTED IN INCREASING MINORITY EXPOSURE TO (AND PARTICIPATION IN) SCIENCE. MIST SERVES AS AN INFORMATION EXCHANGE AND COORDINATING MECHANISM AMONG THE VARIOUS SCIENTIFIC SOCIETIES INTERESTED IN MINORITY SCIENCE EDUCATION, AND SPONSORS AN ANNUAL CAREER FAIR IN WHICH ASBMB PARTICIPATES.


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Board, Officers & Key Employees

Name (title)Compensation
Ann Stock
President
$0
Toni M Antalis
Past-President
$0
Joan W Conaway
Treasurer
$0
George Carman
Secretary
$2,000
Suzanne Barbour
Councilor
$1,000
Joan Broderick
Councilor
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Intellicor Llc
Graphic And Printing
$132,880
Alex Toker
Jbc Stipend
$120,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $295,197
All other contributions, gifts, grants, and similar amounts not included above$113,338
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$408,535
Total Program Service Revenue$6,249,810
Investment income $2,507,489
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,562,822
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,809,029

Grants Awarded

Over the last fiscal year, American Society For Biochemistry And Molecular Biology Inc has awarded $57,204 in support to 3 organizations.

Grant RecipientAmount

UNIVERSITY AUXILIARY AND RESEARCH SERVICES CORPORATION

PURPOSE: INTERACTIVE MENTORING PROGRAM

$57,204
View Grant Profile

Peer Organizations

Organization NameAssets
American Society For Microbiology
Washington, DC
$47,169,263
Society For Science And The Public
Washington, DC
$26,005,604
American Society For Engineering Education
Washington, DC
$20,551,388
Information Technology Industry Council Ltd
Washington, DC
$21,625,827
The Computing Research Association Inc
Washington, DC
$19,354,087
National Mining Association
Washington, DC
$11,221,026
American Statistical Association
Alexandria, VA
$10,078,870
American Association Of Physicists In Medicine
Alexandria, VA
$11,773,252
American Society For Biochemistry And Molecular Biology Inc
Rockville, MD
$11,809,029
The National Council Of Teachers Of Mathematics-Incorporated-
Reston, VA
$9,799,088
Minerals Metals & Materials Society Inc
Pittsburgh, PA
$7,580,466
Center For Open Science
Charlottesville, VA
$8,081,750
American Society Of Plant Biologists
Rockville, MD
$5,663,321
American Association Of Physics Teachers Inc
College Park, MD
$3,211,908
Entomological Society Of America
Annapolis, MD
$4,975,787
Society Of Chemical Manufacturers And Affiliates Inc
Arlington, VA
$4,791,164
International Federation Of Professional & Technical Engineers
Washington, DC
$5,578,285
Genetics Society Of America Incorporated
Rockville, MD
$4,446,922
Coin Center Inc
Washington, DC
$2,556,967
Methanol Institute
Alexandria, VA
$3,006,360
Society Of Environmental Toxicology And Chemistry Of North America Inc
Washington, DC
$2,283,925
Women In Bio Inc
Pittsburgh, PA
$1,273,306
Applied Superconductivity Educational Conference
Potomac, MD
$1,764,712
Engineers Society Of Western Pennsylvania
Pittsburgh, PA
$1,474,192
International Technology And Engineering Educators Association
Reston, VA
$1,235,459

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