NonprofitsBiomedical Research And Innovation Park

Community Improvement & Capacity Building

Biomedical Research And Innovation Park

MONROE, LA

Total revenue

$3.8M

Total expenses

$104K

Net assets

$6.7M

Grants received

$175K

2 grants

EIN

861278770

Tax year

2024

Mission

The mission of the Biomedical Research and Innovation Park is to stimulate the establishment and growth of biotechnology start-up companies and other technology-based businesses. By fulfilling this mission, The Biomedical Research and Innovation Park will contribute to advances in health care, rural health care, public health, biotechnology as well as job creation and enhanced economic health to the region. The Biomedical Research and Innovation Park will be an integral part of the vision of the University of Louisiana at Monroe, Edward Via College of Osteopathic Medicine and the economic development vision of the region as well as facilitating technology transfer and commercialization by the faculty and researchers at area universities and colleges.

Financials

FY 2024

Revenue

Contributions & grants$3.6M
Program service revenue
Investment income$136K
Other revenue
Total revenue$3.8M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$104K
Total expenses$104K
Total assets$8.0M
Net assets$6.7M

People

6 listed

NameRoleCompensation

JOE HOLYFIELD

Chairman

Board

20 hrs/wk

AMANDA EDGE

Treasurer

Board

1 hrs/wk

SUSAN NICHOLSON

Secretary

Board

5 hrs/wk

VIRENDRA CHHIKARA

Executive Dir.

Board

5 hrs/wk

RONALD BERRY

Board Member

Board

1 hrs/wk

ARTHUR COOPER

Board Member

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear

Funded by

$175K from 1 funder · 2 grants · 2022–2024

Local Initiatives Support Corporation

$175K · 2 grants · 2022–2024

Details

EIN861278770
NTEE codeS30
Subsection03
Ruling date2022-01
Formed2021
Employees0
BIOMEDICAL RESEARCH AND INNOVATION PARK — Mission, Financials & Grants Received | Grantivo