Northwest Association For Biomedical Research
- Assets
- $218.4k
- Revenue
- $365.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Seattle, WA
- Founding
- 01/1989
- Data as of
- 09/2023
- EIN
- 94-3079915
Organization Overview
Northwest Association For Biomedical Research is located in Seattle, WA. The organization was established in 1989. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering Research, under the broad grouping of Medical Research and related organizations. As of 09/2023, Northwest Association For Biomedical Research employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Association For Biomedical Research is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Northwest Association For Biomedical Research generated $365.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $365.5k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE PUBLIC UNDERSTANDING OF BIOMEDICAL RESEARCH AND ITS ETHICAL CONDUCT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER, EDUCATION AND COMMUNITY SERVICES. NWABR PROVIDES A RANGE OF SERVICES TO BOTH THE RESEARCH AND BROADER COMMUNITIES WHICH ARE AIMED AT ACHIEVING ITS MISSION: THE PROMOTION OF PUBLIC TRUST IN BIOMEDICAL RESEARCH, AND ITS ETHICAL CONDUCT. THESE SERVICES INCLUDE THE PROVISION OF SEVERAL RESEARCH CONFERENCES EACH YEAR. NWABR CONFERENCES FOCUS ON: BIOSAFETY; ANIMAL CARE AND USE; HUMAN SUBJECTS RESEARCH PROTECTIONS; CLINICAL RESEARCH TRIALS; COMMUNICATIONS, AND BIOMEDICAL RESEARCH SECURITY. THESE SERVICES ALSO INCLUDE OUTREACH TO THE BROADER COMMUNITY SO THAT THEY CAN BE ENGAGED IN BIOMEDICAL AND RESEARCH DISCUSSIONS. THE BROADER COMMUNITY OUTREACH INCLUDES THE RESEARCH AMBASSADORS PROGRAM AND THE SUMMER CAMP PROGRAMS FOR HIGH SCHOOL STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Gordon Executive Director | 40 | $126,306 | |
Bob Ennes Director | Trustee | 2 | $0 |
Shannon Ramsey Secretary | OfficerTrustee | 2 | $0 |
Preston Van Hooser Director | Trustee | 2 | $0 |
Linda Coleman Director | Trustee | 2 | $0 |
David Forster Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $23,440 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,701 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,141 |
| Total Program Service Revenue | $318,774 |
| Investment income | $289 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$7,445 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $365,759 |
| 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. | $139,958 |
| Compensation of current officers, directors, key employees. | $10,506 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,111 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,816 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,856 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,480 |
| Advertising and promotion | $0 |
| Office expenses | $21,276 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,493 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49,333 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $365,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $208,909 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,509 |
| 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 | $1,000 |
| 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 | $218,418 |
| Accounts payable and accrued expenses | $31,503 |
| Grants payable | $0 |
| Deferred revenue | $1,980 |
| 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 | $33,483 |
| Net assets without donor restrictions | $184,935 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $218,418 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Benaroya Research Institute At Virginia Mason Seattle, WA | $100,143,058 | $94,861,276 |
Washington Research Foundation Seattle, WA | $331,486,319 | $40,434,478 |
Seattle Institute For Biomedical And Clinical Research Seattle, WA | $16,684,792 | $19,540,425 |
Northwest Association For Biomedical Research Seattle, WA | $218,418 | $365,759 |
Phagebiotics Research Foundation Olympia, WA | $142,715 | $0 |