NonprofitsBiotechnology Innovation Organization

Biotechnology Innovation Organization

WASHINGTON, DC

Total revenue

$117.7M

Total expenses

$100.0M

Net assets

$93.2M

Grants received

$454K

4 grants

EIN

521224577

Tax year

2024

Mission

Bio is the world's largest advocacy association representing approximately 1,000 member companies, state biotechnology groups, academic and research institutions, patient groups, and related organizations across the united states and in 30+ countries. Bio is founded on the principle that policy must nurture innovation in the life sciences to overcome challenges in health care, agriculture, industry, and the environment. Bio's efforts include advocacy and policy efforts focused on the innovative health of the sector along with convening events and offering other member services.

Programs

1 program

Services: bio's services include conferences and activities that bring advocacy accomplishments listed below:- safeguarded and advanced intellectual property protections, domestically and internationally.- fostered a dialogue about proactively advancing the socially responsible use of biotechnology.- promoted investment in government and academic research.- brought together industry stakeholders and investors for events ranging from the bio international convention to conferences for business development executives.the bio international convention attracts the most influential biotech and pharma attendees from 69 countries and 50 u.s. States, as well as the district of columbia and puerto rico and offers professional and business development opportunities. The net income from the convention supports our advocacy, public outreach, and other member service activities.the key elements of the bio international convention are educational programming, exhibition, the bio business forum, and networking events. These elements provide an opportunity for biotechnology and pharmaceutical companies, academic research institutions, and investors from around the world to learn about recent scientific and policy developments, and schedule one-on-one meetings to discuss potential business opportunities. The bio business forum at the convention hosts tens of thousands of partnering meetings among a few thousand companies, along with a couple hundred company presentations. The convention hosts hundreds of speakers, and over a thousand exhibitions with international, regional and state pavilions (and a number of product focus zones).beyond the convention, bio hosts or co-hosts a number of national and international conferences that provide venues for member and non-member companies to present new data, meet with fellow biotech companies, and attract funding from investors and other organizations.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$91.8M
Investment income$9.4M
Other revenue$16.6M
Total revenue$117.7M

Expenses

Grants paid$2.3M
Salaries & benefits$42.0M
Fundraising
Other expenses$55.7M
Total expenses$100.0M
Total assets$170.1M
Net assets$93.2M

People

50 listed

NameRoleCompensation

JOHN F CROWLEY

PRESIDENT AND CEO

Board

$2.7M

40 hrs/wk

RACHEL K KING

INTERIM PRESIDENT AND CEO

Board

$1.7M

40 hrs/wk

STEPHEN JASKO

CHIEF BUSINESS AND FINANCIAL OFFICER

Board

$809K

40 hrs/wk

WILLIAM J NEWELL

ASSOCIATE VICE CHAIR & SECRETARY

Board

2 hrs/wk

ANGELA CARISA AILLONI

DIRECTOR (UNTIL DECEMBER 2024)

Board

2 hrs/wk

BRADFORD A ZAKES

TREASURER

Board

2 hrs/wk

STEVE ALBERS

DIRECTOR

Board

2 hrs/wk

STUART A ARBUCKLE

DIRECTOR

Board

2 hrs/wk

TED W LOVE

BOARD & HEALTH SECTION CHAIR

Board

2 hrs/wk

GRACE E COLON

EMERGING COMPANIES SECTION V CHAIR

Board

2 hrs/wk

TAD SONSTEGARD

AGRICULTURE & ENV SECTION VICE CHAIR

Board

2 hrs/wk

ROBERT BLUM

DIRECTOR

Board

2 hrs/wk

SULAGNA BHATTACHARYA

DIRECTOR

Board

2 hrs/wk

ERIKA SMITH

EMERGING COMPANIES SECTION CHAIR

Board

2 hrs/wk

CARRIE L BOURDOW

DIRECTOR (UNTIL DECEMBER 2024)

Board

2 hrs/wk

CARINE BOUSTANY

DIRECTOR

Board

2 hrs/wk

DAVID BOYER

DIRECTOR

Board

2 hrs/wk

STEPHEN BRADY

DIRECTOR

Board

2 hrs/wk

CHRISTINE BRENNAN

DIRECTOR

Board

2 hrs/wk

VICTOR BULTO

DIRECTOR

Board

2 hrs/wk

JOHN BUTLER

DIRECTOR

Board

2 hrs/wk

GIACOMO CHIESI

DIRECTOR

Board

2 hrs/wk

JEFFREY L CLELAND

DIRECTOR

Board

2 hrs/wk

RON COHEN

DIRECTOR (UNTIL JUNE 2024)

Board

2 hrs/wk

ELIZABETH LEWIS UNTIL 32024

ASSOCIATE VICE CHAIR & SECRETARY

Board

2 hrs/wk

JACOB BECRAFT

DIRECTOR

Board

2 hrs/wk

DAVID ESPOSITO

DIRECTOR

Board

2 hrs/wk

MARK ENYEDY

DIRECTOR (UNTIL MAY 2024)

Board

2 hrs/wk

BRAD BAILEY

DIRECTOR

Board

2 hrs/wk

DUANE J SIMPSON

AGRICULTURE & ENV SECTION VICE CHAIR

Board

2 hrs/wk

BARRY P FLANNELLY

DIRECTOR

Board

2 hrs/wk

ALEXANDRIA FORBES

DIRECTOR

Board

2 hrs/wk

KAYE FOSTER

DIRECTOR (UNTIL MAY 2024)

Board

2 hrs/wk

CEDRIC FRANCOIS

DIRECTOR (UNTIL SEPTEMBER 2024)

Board

2 hrs/wk

CARI GALLMAN

DIRECTOR

Board

2 hrs/wk

KYLE GANO

DIRECTOR (UNTIL OCTOBER 2024)

Board

2 hrs/wk

DEBORAH GLASSER

DIRECTOR

Board

2 hrs/wk

JOHN GLASSPOOL

DIRECTOR

Board

2 hrs/wk

JENNIFER GOOD

DIRECTOR

Board

2 hrs/wk

KEVIN C GORMAN

DIRECTOR (UNTIL JUNE 2024)

Board

2 hrs/wk

YVONNE GREENSTREET

DIRECTOR

Board

2 hrs/wk

SEBASTIAN GUTH

DIRECTOR

Board

2 hrs/wk

KARIS GUTTER

DIRECTOR

Board

2 hrs/wk

MARC DUNOYER

DIRECTOR

Board

2 hrs/wk

ELIZABETH CARTIER ESHAM

CHIEF SCIENCE OFFICER

Staff

$1.0M

40 hrs/wk

RICHARD MASTERS

CHIEF PUBLIC AFFAIRS & MARKETING OFF

Staff

$745K

40 hrs/wk

PETER MCHUGH

CHIEF LEGAL OFFICER

Staff

$689K

40 hrs/wk

LETONIA D FYKES

CHIEF EVENTS & INDUSTRY PROGRAMS OFFICER

Staff

$596K

40 hrs/wk

JOHN MURPHY

CHIEF POLICY OFFICER

Staff

$567K

40 hrs/wk

MICHELLE MCMURRY-HEATH

FORMER PRESIDENT AND CEO

Staff

$264K

40 hrs/wk

Independent contractors

THE SAMANTHA SAULT AGENCY LLC

BESPOKE EDITORIAL CONTENT SERVICES

$596K

NARRATIVE STRATEGIES

STRATEGIC COMMUNICATIONS SERVICES

$493K

KEYBRIDGE COMMUNICATIONS LLC

PUBLIC RELATIONS AND ISSUE ADVOCACY

$240K

ARENT FOX SCHIFF LLP

LEGISLATIVE AND REGULATORY COUNSELING

$223K

HEALTH MANAGEMENT ASSOCIATES INC

LEGISLATIVE AND REGULATORY ANALYSIS

$205K

Grants received

Showing 4 of 4

FromAmountPurposeYear
$74K
ALZHEIMERS RESEARCH
2023
$250K
STATE-LEVEL PARTNERSHIP FOR SUPPORT AND EXPANSION OF BIO AFFILIATES
2022

Funded by

$454K from 3 funders · 4 grants · 2020–2024

We Work For Health

$250K · 1 grant · 2022

Details

EIN521224577
Subsection06
Ruling date1982-01
Formed1981
Employees180
Volunteers113
BIOTECHNOLOGY INNOVATION ORGANIZATION — Mission, Financials & Grants Received | Grantivo