EIN 74-3238244

Biomed Valley Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2007
Most recent tax filings
2023-06-01
Description
Biomed Valley Corporation supports the activities of Stowers Institute for Medical Research which conducts basic cell and molecular biology research. It operates exclusively under the Internal Revenue Code's sections 501(c)(3) and 509(a)(3), and its charitable purpose is to support, benefit, and carry out the purposes of its supported organization. BVC's exempt purpose is to support SIMR through research support, management of intellectual property, promotion of endowment-based research, identification of intellectual property opportunities and facilitation of commercial transfer.
Total revenues
$9,029,575
2023
Total expenses
$51,504
2023
Total assets
$12,382,590
2023
Num. employees
0
2023

Program areas at Biomed Valley Corporation

Bvc's exempt purpose is to support its supported organization, simr. Bvc's activities include research support, management of intellectual property, promotion of endowment based research, identification of intellectual property for commercialization, fundraising and endowment management.

Grants made by Biomed Valley Corporation

GranteeGrant descriptionAmount
Stowers Institute for Medical ResearchMedical Research$50,000

Personnel at Biomed Valley Corporation

NameTitleCompensation
Richard W BrownPresident and Chief Executive Officer$0
Charles GermanDirector and Secretary$0
Roderick L SturgeonDirector$0

Financials for Biomed Valley Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$9,000,000
Program services$0
Investment income and dividends$32,307
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-2,732
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$9,029,575

Form 990s for Biomed Valley Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-26990View PDF
2022-122023-11-03990View PDF
2021-122022-09-26990View PDF
2020-122021-09-13990View PDF
2019-122020-10-13990View PDF
...and 10 more Form 990s
Data update history
December 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Updated personnel
Identified 1 new personnel
December 24, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 14, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Medical research organizationsResearch centersHeadquarter / parent organizationsCharities
Issues
Science and technologyHealth
Characteristics
Conducts researchTax deductible donationsNo full-time employees
General information
Address
1000 E 50th St
Kansas City, MO 64110
Metro area
Kansas City, MO-KS
County
Jackson County, MO
Phone
(816) 926-4000
IRS details
EIN
74-3238244
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H90: Medical Specialty Research
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Central organization
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