NonprofitsIbio Institute

Science & Technology

Ibio Institute

CHICAGO, IL

Total revenue

$168K

Total expenses

$485K

Net assets

$536K

Grants received

$835K

9 grants

EIN

320092551

Tax year

2024

Mission

To create a globally recognized biotechnology center in chicago and the surrounding midwest region.

Programs

2 programs

Entrepreneurship program - aims to increase the number of success rates of life sciences startups in illinois by guiding the development of formation-stage and early-stage life sciences companies and providing entrepreneurs with access to specialized resources and expertise to prepare them for early-stage funding.

Expenses: $50K

Covid-19 fund/transform illinois - engage with industry leaders, academic medical centers, elected officials, public policy experts, investors, and charitable founations to promote best practices, connect community resources in a coordinated effort, and engage members in policy to build a more resilient and inclusive community.

Expenses: $18K

Financials

FY 2024

Revenue

Contributions & grants$31K
Program service revenue$137K
Investment income
Other revenue
Total revenue$168K

Expenses

Grants paid
Salaries & benefits$167K
Fundraising$43K
Other expenses$318K
Total expenses$485K
Total assets$989K
Net assets$536K

People

28 listed

NameRoleCompensation

STEVEN DUCOMMUN

CORPORATE SECRETARY

Board

0.5 hrs/wk

BLAIR KOMASINSKI

TREASURER

Board

0.5 hrs/wk

NORBERT RIEDEL PHD

MEMBER AT LARGE

Board

0.5 hrs/wk

JOHN BATHERY

DIRECTOR

Board

0.5 hrs/wk

JEFF BERGAU

DIRECTOR

Board

0.5 hrs/wk

DRUE DUNCAN

DIRECTOR

Board

0.5 hrs/wk

MICHAEL FLAVIN

DIRECTOR

Board

0.5 hrs/wk

DAVID FLOWERS

DIRECTOR

Board

0.5 hrs/wk

PATRICK GATTARI

DIRECTOR

Board

0.5 hrs/wk

ASHISH KHANNA

DIRECTOR

Board

0.5 hrs/wk

DAN LYNE

DIRECTOR

Board

0.5 hrs/wk

NANCY SULLIVAN

DIRECTOR

Board

0.5 hrs/wk

TRES JOHNSON

PAST DIRECTOR

Board

0.5 hrs/wk

HARRY ROWLAND

DIRECTOR

Board

0.5 hrs/wk

RAHUL JERATH

DIRECTOR

Board

0.5 hrs/wk

KENNETH JOHNSON

DIRECTOR

Board

0.5 hrs/wk

ERIC MESSNER

DIRECTOR

Board

0.5 hrs/wk

JIM SULLIVAN

DIRECTOR

Board

0.5 hrs/wk

GEOFF CURTIS

DIRECTOR

Board

0.5 hrs/wk

ABNER GARCIA-DELGADO

DIRECTOR

Board

0.5 hrs/wk

HEIDI GILMORE

DIRECTOR

Board

0.5 hrs/wk

JOE HRDLICKA

DIRECTOR

Board

0.5 hrs/wk

KEVIN JOHNSON

DIRECTOR

Board

0.5 hrs/wk

KHALED EL-CHEBLI

NEW DIRECTOR

Board

0.5 hrs/wk

GERALD STOVAL

NEW DIRECTOR

Board

0.5 hrs/wk

MARILYN VETTER

VICE CHAIR HUMAN HEALTH

Board

0.5 hrs/wk

JOHN CONRAD

PRESIDENT & CEO

Board

20 hrs/wk

ANN VOGEL

SENIOR VP, EDUCATE

Board

40 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$500K
UNRESTRICTED GENERAL SUPPORT
2023
$3K
GENERAL ASSISTANCE
2021
$200K
Program to promote, connect, and engage the life sciences community.
2020
$50K
US - EMERGENCY RELIEF TO HIGH IMPACT STATES
2020
$50K
IBIO COVID-19 PPE RESPONSE FUND
2020
$7K
2018 ICON AWARDS EVENT SPONSORSHIP
2018
$50
Matching Grant
2018

Funded by

$835K from 9 funders · 9 grants · 2018–2023

Lundbeck Us Charitable Fund

$200K · 1 grant · 2020

The Pfizer Foundation Inc

$50K · 1 grant · 2020

Baxter International Foundation

$50K · 1 grant · 2020

Perkins Coie Foundation

$7K · 1 grant · 2018

National Philanthropic Trust

$6K · 1 grant · 2019

The Medline Foundation

$3K · 1 grant · 2021

Details

EIN320092551
NTEE codeU300
Subsection03
Ruling date2004-03
Formed2003
Employees0
Volunteers117
IBIO INSTITUTE — Mission, Financials & Grants Received | Grantivo