Oregon Biotechnology Association
- Assets
- $521.1k
- Revenue
- $911.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Portland, OR
- Founding
- 07/1991
- Data as of
- 12/2022
- EIN
- 93-1009329
Organization Overview
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 12/2022, Oregon Biotechnology Association employed 4 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 12/2022, Oregon Biotechnology Association generated $911.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $895.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 6 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
2022
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liisa Bosinovi Executive Dire | Officer | 40 | $183,529 |
Dan Snyder Board Chair | OfficerTrustee | 2 | $0 |
Tim Brown Director | Trustee | 1 | $0 |
Sandy Shotwell Director | Trustee | 1 | $0 |
Tina Guldberg Director | Trustee | 1 | $0 |
Bernie Fox Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $498,108 |
| 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 | $498,108 |
| Total Program Service Revenue | $413,350 |
| 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 | $911,464 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $420,883 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,939 |
| Payroll taxes | $32,804 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,500 |
| Fees for services: Accounting | $13,475 |
| Fees for services: Lobbying | $90,054 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,322 |
| Advertising and promotion | $16,868 |
| Office expenses | $6,923 |
| Information technology | $9,153 |
| Royalties | $0 |
| Occupancy | $13,052 |
| Travel | $17,103 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $138,832 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,158 |
| Insurance | $4,503 |
| All other expenses | $0 |
| Total functional expenses | $895,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $369,332 |
| Savings and temporary cash investments | $14,505 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $124,051 |
| 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 | $9,220 |
| Net Land, buildings, and equipment | $3,968 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $521,076 |
| Accounts payable and accrued expenses | $43,522 |
| Grants payable | $0 |
| Deferred revenue | $8,366 |
| 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 | $101,711 |
| Total liabilities | $153,599 |
| 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 | $367,477 |
| Total liabilities and net assets/fund balances | $521,076 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northern California P E T Imaging Center Sacramento, CA | $9,461,947 | $7,371,597 |
Life Science Washington Seattle, WA | $4,648,110 | $3,419,352 |
The Center For Medical Progress Irvine, CA | $711,854 | $1,773,640 |
Oregon Biotechnology Association Portland, OR | $521,076 | $911,464 |
Souther California Biomedical Council Los Angeles, CA | $55,183 | $588,677 |