North Carolina Biomedical Association
- Assets
- $98.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lenoir, NC
- Founding
- 08/1982
- Data as of
- 12/2021
- EIN
- 58-1474079
Organization Overview
North Carolina Biomedical Association is located in Lenoir, NC. The organization was established in 1982. 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. North Carolina 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 12/2021, North Carolina Biomedical Association generated $76.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $69.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Codi Nelson President | 0 | $0 | |
Todd Rumple Vice-Preside | 0 | $0 | |
Mike Mcauliffe Board Member | 0 | $0 | |
Terry Morris Treasurer | 0 | $0 | |
Jared Graham Membership S | 0 | $0 | |
Claude Hargrove Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,200 |
| Total Program Service Revenue | $44,189 |
| Membership dues | $24,095 |
| Investment income | $328 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,812 |
| 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 | $69,076 |
| Total expenses | $69,076 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,168 |
| Other assets | $0 |
| Total assets | $98,168 |
| Total liabilities | $0 |
| Net assets or fund balances | $98,168 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Biophysical Society Rockville, MD | $21,767,056 | $3,664,185 |
Biomedical Engineering Society Landover, MD | $5,416,351 | $1,962,759 |
Council For Biotechnology Information Washington, DC | $0 | $2,024,655 |
Center For Global Health Innovation Inc Atlanta, GA | $82,923 | $985,550 |
Neuro Challenge Foundation Inc Sarasota, FL | $664,067 | $886,751 |
American Institute For Medical And Bioligical Engineering Washington, DC | $4,121,997 | $963,729 |
Arm Foundation For Regenerative Medicine Education & Research Baltimore, MD | $214,306 | $493,318 |
Florida Biomedical Society Miami, FL | $158,455 | $232,445 |