Virginia Biomedical Association
- Assets
- $25.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Locust Grove, VA
- Founding
- 02/1996
- Data as of
- 12/2022
- EIN
- 54-1719004
Organization Overview
Virginia Biomedical Association is located in Locust Grove, VA. The organization was established in 1996. According to its NTEE Classification (G92) the organization is classified as: Biomedicine & Bioengineering, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Biomedical Association 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 12/2022, Virginia Biomedical Association generated $16.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $23.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 3 years. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCTION AND TRAINING FOR CLINICAL/BIOMEDICAL TECHNICAL STAFF, SOCIAL NETWORKING AND HELP BIOMEDICAL TECHNICIANS OBTAIN AND RENEW THEIR CERTIFICATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Rusher Director | 1 | $0 | |
John Taylor Director | 1 | $0 | |
Beverly Kupiszewski Director | 1 | $0 | |
Alexis Roberson Director | 1 | $0 | |
Raquel Amarins Director | 1 | $0 | |
James Whiney Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,190 |
| Membership dues | $2,895 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $690 |
| Other Revenue | $83 |
| Total Revenue | $16,858 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,336 |
| Total expenses | $23,336 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,736 |
| Other assets | $0 |
| Total assets | $25,736 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,736 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Biophysical Society Rockville, MD | $20,441,858 | $4,861,761 |
Biomedical Engineering Society Landover, MD | $5,517,133 | $3,582,789 |
Council For Biotechnology Information Washington, DC | $0 | $2,024,655 |
American Institute For Medical And Bioligical Engineering Washington, DC | $4,010,038 | $1,034,677 |
North Carolina Biomedical Association Lenoir, NC | $102,916 | $0 |
Arm Foundation For Regenerative Medicine Education & Research Baltimore, MD | $154,131 | $0 |
Virginia Biomedical Association Locust Grove, VA | $25,736 | $0 |
Schmincke Research Alliance Inc Towson, MD | $604,359 | $0 |