Oregon Biotechnology Association is located in Portland, OR. The organization was established in 1991. 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. As of 12/2021, Oregon Biotechnology Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon Biotechnology 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, Oregon Biotechnology Association generated $784.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $668.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERVE THE BIOSCIENCE INDUSTRY C TRAINING AND EDUCATION MANUFACTURING CONSORTION TO ENHANCE ABILITY TO COMPETE COLLABORATION WITHIN WITHOUT OREGON BIOSCIENCE BUSINE
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIOSCIENCES EXISTING WORKFORCE AND MANAGEMENT TRAINING ENHANCE
EDUCATING GOVERNMENT AGENCIES & LEGISLATORS ABOUT THE
DEVELOPE COLLABERATION WITHIN AND WITHOUT THE STATE OF OREGON
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Liisa Bosinovi Executive Dire | Officer | 40 | $164,529 |
E Akporiaye Director | Trustee | 1 | $0 |
Bernie Fox Director | Trustee | 1 | $0 |
R Glassman Director | Trustee | 1 | $0 |
Tim Brown Director | Trustee | 1 | $0 |
Tim Layton Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $492,148 |
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 | $492,148 |
Total Program Service Revenue | $232,678 |
Investment income | $6 |
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 | $784,874 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $164,529 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $188,184 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $13,558 |
Payroll taxes | $28,257 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,500 |
Fees for services: Accounting | $13,425 |
Fees for services: Lobbying | $90,620 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $11,000 |
Advertising and promotion | $56,733 |
Office expenses | $13,473 |
Information technology | $8,109 |
Royalties | $0 |
Occupancy | $12,727 |
Travel | $2,828 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $19,954 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $442 |
Insurance | $3,511 |
All other expenses | $0 |
Total functional expenses | $668,520 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $375,212 |
Savings and temporary cash investments | $14,499 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $107,174 |
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 | $5,387 |
Net Land, buildings, and equipment | $1,545 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $503,817 |
Accounts payable and accrued expenses | $17,962 |
Grants payable | $0 |
Deferred revenue | $54,797 |
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 | $79,203 |
Total liabilities | $151,962 |
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 | $351,855 |
Total liabilities and net assets/fund balances | $503,817 |
Over the last fiscal year, we have identified 2 grants that Oregon Biotechnology Association has recieved totaling $38,500.
Awarding Organization | Amount |
---|---|
Biotechnology Innovation Organization Washington, DC PURPOSE: SPONSORSHIP | $30,000 |
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $8,500 |
Organization Name | Assets | Revenue |
---|---|---|
Northern California P E T Imaging Center Sacramento, CA | $5,358,737 | $6,161,675 |
Life Science Washington Seattle, WA | $3,894,954 | $2,651,737 |
The Center For Medical Progress Irvine, CA | $496,245 | $1,480,205 |
Oregon Biotechnology Association Portland, OR | $503,817 | $784,874 |
Souther California Biomedical Council Los Angeles, CA | $240,829 | $672,135 |