Program areas at Massachusetts Biomedical Initiatives
Mbi provided startup company incubation services for Biomedical companies including biotechnology, medical device, and bioinformatics. Mbi provides flexible and scalable private laboratories, office space, shared equipment, health and safety training and support and supportive business programs to help startup companies grow their team and research, create jobs, and expand the tax base.mbi is a leader of regional workforce development efforts through our biomanufacturing workforce initiative, workforce challenge, and increasing diversity in stem grants. Mbi helps work between industry and academia to find employment gaps to help connect residents into through certificate programming. Mbi leads regional biomanufacturing related economic development efforts including the promotion of emerging bio-food and bio-material sectors. This work helps create economic opportunity for area residents, increase the tax base, and achieve federal priorities in promoting domestic biomanufacturing, securing supply chains, and achieving our nation's sustainability goals.
Grants made by Massachusetts Biomedical Initiatives
Who funds Massachusetts Biomedical Initiatives
Grants from foundations and other nonprofits
Personnel at Massachusetts Biomedical Initiatives
Name | Title | Compensation | Date of data |
---|
Jon Weaver | President and Chief Executive Officer | $255,500 | 2024-01-25 |
Zu Shen | Vice President | $189,500 | 2022-12-31 |
Michele Crawford | Health and Safety Director | | 2023-12-17 |
Karri Freeland | Senior Operations Manager | | 2023-12-17 |
Chuck Cowan | Facilities Manager | | 2023-12-17 |
...and 4 more key personnel |
Financials for Massachusetts Biomedical Initiatives
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $3,524,397 | $1,953,075 | 80.5% |
Program services | $2,360,773 | $2,477,782 | -4.7% |
Investment income and dividends | $359,181 | $261,946 | 37.1% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $1,192 | -100% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $119,100 | $56,853 | 109.5% |
Total revenues | $6,363,451 | $4,750,848 | 33.9% |
Organizations like Massachusetts Biomedical Initiatives
Organization | Type | Location | Revenue |
---|
Code for Science and Society | 501(c)(3) | Portland, OR | $17,043,407 |
Science and Technology Futures (STF) | 501(c)(3) | Cambridge, MA | $7,361,436 |
Mount Desert Island Biological Laboratory (MDIBL) | 501(c)(3) | Salisbury Cove, ME | $11,998,788 |
North Carolina Biotechnology Center | 501(c)(3) | Research Triangle Park, NC | $21,886,317 |
Innovation Works (IW) | 501(c)(3) | Pittsburgh, PA | $15,798,085 |
American Society of Plant Biologists (ASPB) | 501(c)(3) | Rockville, MD | $6,378,844 |
Organization for Tropical Studies (OTS) | 501(c)(3) | Durham, NC | $8,814,178 |
Silverlining | 501(c)(3) | Washington, DC | $2,764,182 |
American Society for Biochemistry and Molecular Biology | 501(c)(3) | Rockville, MD | $11,809,029 |
Tall Timbers Research | 501(c)(3) | Tallahassee, FL | $15,946,954 |
Data update history
September 22, 2024
Used new vendors
Identified 1 new vendor, including
June 6, 2024
Posted financials
Added Form 990 for fiscal year 2022
May 23, 2024
Updated personnel
Identified 1 new personnel
September 21, 2023
Updated personnel
Identified 3 new personnel
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsResearch centersCharities
Issues
Science and technology
Characteristics
Political advocacyConducts researchState / local levelReceives government fundingFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
- Address
- 17 Briden St
- Worcester, MA 01605
- Metro area
- Worcester, MA-CT
- County
- Worcester County, MA
- Website URL
- mbi.bio/Â
- Phone
- (508) 797-4200
IRS details
- EIN
- 22-2636406
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1984
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- U50: Biological, Life Science Research
- NAICS code, primary
- 813319: Social Advocacy Organizations
- Parent/child status
- Independent
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