American Life Sciences Innovation Council
- Assets
- $123.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakdale, MN
- Founding
- 01/2012
- Data as of
- 12/2022
- EIN
- 80-0717451
Organization Overview
American Life Sciences Innovation Council is located in Oakdale, MN. The organization was established in 2012. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Life Sciences Innovation Council is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE THE PUBLIC AND POLICYMAKERS ABOUT THE EFFECTS OF GOVERNMENT REGULATION ON KEY FACTORS THAT DRIVE LIFE SCIENCE INNOVATION, STRONG INTELLECTUAL PROPERTY PROTECTION; ADEQUATE REIMBURSEMENT DRIVEN BY MARKET FORCES; UNFETTERED COLLABORATION WITH BASIC SCIENCE PARTNERS; A TRANSPARENT AND PREDICTABLE REGULATORY ENVIRONMENT; AND ACCESS TO CAPITAL. ALSIC CONCERNS ITSELF WITH FEDERAL, STATE AND INTERNATIONAL POLICY AFFECTING THE BREADTH OF INNOVATIVE LIFE SCIENCES INCLUDING MEDICAL DEVICES, BIOPHARMACEUTICALS AND DIAGNOSTICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMIC ANALYSIS OF AFFECTS INFLATION REDUCTION ACT PHARMACEUTICAL PRICE CONTROL PROVISIONS. PUBLICATION OF ISSUE BRIEF AND MEDIA ROLLOUT ACCOMPANYING PUBLICATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Knuth Director | Trustee | 0.5 | $0 |
David Mohler Treasurer & Director | OfficerTrustee | 0.5 | $0 |
H Dean Hart Director | Trustee | 0.5 | $0 |
Joseph Dunn PHD Director | Trustee | 0.5 | $0 |
William Harrison Director | Trustee | 0.5 | $0 |
Michael Schwartz President & Director | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Public Affairs Company Mgmt & Exec Of Grass Top Program | 12/30/21 | $557,575 |
Mohler Consulting Llc Prod & Exec Of Media Advocacy Programs | 12/30/21 | $2,219,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,575 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $45 |
| Total functional expenses | $67,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,311 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $123,311 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $123,311 |
| Total liabilities and net assets/fund balances | $123,311 |