EIN 47-2231080

Altius Institute for Biomedical Sciences

IRS 501(c) type
501(c)(3)
Num. employees
156
Year formed
2014
Most recent tax filings
2022-12-01
Description
Altius Institute for Biomedical Sciences has a mission to advance biomedical discovery through the development and application of new technologies and approaches that illuminate cell and tissue states and function. Altius conducts an active program of basic science research in genetics and biotechnology both in their own laboratories located in Seattle, WA, as well as through collaborations.
Total revenues
$55,346,565
2022
Total expenses
$54,165,332
2022
Total assets
$39,729,559
2022
Num. employees
156
2022

Program areas at Altius Institute for Biomedical Sciences

Altius directly conducts an active and multifaceted program of basic science research in the fields of genetics, genomics, and biotechnology. We conduct the majority of research programs directly in our own laboratories located in seattle, Washington, and also collaborate with academic research hospitals. Altius aims to discover, develop, and translate for clinical use both data and transformative technologies that illuminate or enable the control of human genes in medically important biological contexts. Our research programs focus on gaining a richer understanding of human cell function in health and disease for the purpose of developing new approaches to diagnosis and therapy. Toward these goals, Altius research program focuses on the development, scaling and translational application of diverse technology platforms, including genetic and genomic analyses, cell and genome engineering, single molecule dna and chromatin analysis, and high-resolution cell imaging. These technologies provide new windows into cellular responses and they collectively open new doors to the discovery of new medicines.in response to the pandemic and related disaster declaration, Altius leveraged its scientific expertise to create and provide covid-19 genetic testing services under emergency contracts with governmental agencies. These services were funded directly or indirectly by one-time emergency appropriations without charge to end recipients. Altius also provided covid-19 genetic testing services to local and nonprofit educational organizations. In addition, Altius utilized data from its genetic testing to conduct research into covid-19 epidemiology and variants in collaboration with governmental agencies and academic institutions.

Personnel at Altius Institute for Biomedical Sciences

NameTitleCompensation
Michael CockrillChief Information Officer$396,667
Chad LundbergChief of Staff$534,375
John A. Stamatoyannopoulos, MDDirector$879,375
Lori TonnesGeneral Counsel and Secretary$278,333
Lori Tonnes-PriddyGeneral Counsel and Secretary / Secretary / General Counsel$233,583

Financials for Altius Institute for Biomedical Sciences

RevenuesFYE 12/2022
Total grants, contributions, etc.$42,586,134
Program services$12,797,574
Investment income and dividends$69,795
Tax-exempt bond proceeds$0
Royalty revenue$19,931
Net rental income$0
Net gain from sale of non-inventory assets$-198,759
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$71,890
Total revenues$55,346,565

Form 990s for Altius Institute for Biomedical Sciences

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
2018-122020-10-02990View PDF
...and 5 more Form 990s
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 3 new personnel
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 28, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Medical research organizationsResearch centersCharities
Issues
Science and technologyHealth
Characteristics
Conducts researchPartially liquidatedState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
2211 Elliott Ave 600
Seattle, WA 98121
Metro area
Seattle-Tacoma-Bellevue, WA
County
King County, WA
Website URL
altius.org/ 
Phone
(206) 267-1091
IRS details
EIN
47-2231080
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H00: Medical Research: General
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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