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EIN 46-5632420

Institute for Life Science Entrepreneurship

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Union
State
New Jersey
Year formed
2014
Most recent tax filings
2022-12-01
NTEE code, primary
V00: Social Science Research: General
Description
Institute for Life Science Entrepreneurship serves as a gateway to integrate academic, industrial, and entrepreneurial resources in the New York/New Jersey metropolitan area. Its multidimensional, multidisciplinary, and collaborative design aims to accelerate translation of science and technological advances into innovative solutions for economic development and high-skilled job creation.
Total revenues
$1,059,927
2022
Total expenses
$798,575
2022
Total assets
$1,079,920
2022
Num. employees
6
2022

Program areas at Institute for Life Science Entrepreneurship

By design, the Institute is multidimensional, multidisciplinary, and collaborative. The goal is to accelerate translation of Science and technological advances into innovative and practical solutions, which will contribute to economic development, high-skill manufacturing and wealth creation, while feeding back to catalyze the creation of an efficient and effective resource and provide training and experience in Entrepreneurship.

Who funds Institute for Life Science Entrepreneurship

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Trustees of Boston UniversityResearch Research$365,903

Personnel at Institute for Life Science Entrepreneurship

NameTitleCompensation
Keith BostianChief Executive Officer$0
Thomas RichardsonPresident
Ajay KumarVice President, Project and Program Management$150,000
Bob McLaughlinVice President , Research
Robert McLaughlinVice President of Research$155,000
...and 5 more key personnel

Financials for Institute for Life Science Entrepreneurship

RevenuesFYE 12/2022
Total grants, contributions, etc.$470,964
Program services$588,829
Investment income and dividends$134
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,059,927

Form 990s for Institute for Life Science Entrepreneurship

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-06-28990View PDF
2020-122021-09-10990View PDF
2019-122021-02-19990View PDF
2018-122019-10-25990View PDF
...and 4 more Form 990s
Data update history
May 28, 2024
Updated personnel
Identified 3 new personnel
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Received grants
Identified 1 new grant, including a grant for $362,893 from Trustees of Boston University
Nonprofit Types
Research centersCharities
Issues
Science and technologySocial sciences
Characteristics
Conducts researchState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
1000 Morris Ave Stem Building
Union, NJ 07083
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Union County, NJ
Website URL
ilsebio.com/ 
Phone
(908) 737-1922
IRS details
EIN
46-5632420
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
V00: Social Science Research: General
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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