EIN 54-1644709

Virginia Biotechnology Association

IRS 501(c) type
501(c)(6)
Num. employees
3
Year formed
1992
Most recent tax filings
2023-06-01
NTEE code, primary
Description
To promote the Biotechnology and biomedical industry in Virginia and to expand the knowledge and expertise of Virginia's businesses concerning biotech/biomed commercialization, to enhance public awareness and understanding of the science and the industry. To promote innovation and growth through strengthened networks; advocacy; capital investment; talent attraction, development and retention; and advancing the next generation of leaders.
Total revenues
$1,198,368
2023
Total expenses
$1,186,187
2023
Total assets
$509,496
2023
Num. employees
3
2023

Program areas at Virginia Biotechnology Association

In september 2022, Virginia bio hosted the 7th annual women building bio conference in person on the campus of old dominion university. Over 125 people attended this full day conference led by Virginia women designed to create new and productive collaborations among leading women and men in research and industry in Virginia and the region.
The Association continues to sponsor frequent networking programs for the life science professionals. These events included a luncheon lecture series (both in person and virtual) and young professional networking events (biotech & beers).
In january 2023, Virginia bio hosted the Virginia reception at the jpmorgan healthcare conference at the mark hopkins in san francisco. This event hosted Virginia industry leaders, emerging fast-growth companies, innovative technology creators, members of the investment community and Virginia research universities doing cutting edge research. We also provided meeting space for members during the conference.

Who funds Virginia Biotechnology Association

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Grow Capital Jobs FoundationProvide Research$398,600

Personnel at Virginia Biotechnology Association

NameTitleCompensation
John NewbyChief Executive Officer$214,755
Jeff PompeoVice Chair / Secretary / Director$0
Carrie RothTreasurer / Director$0
Scott MezaLegal Counsel / Secretary$0
John HartDirector$0
...and 7 more key personnel

Financials for Virginia Biotechnology Association

RevenuesFYE 06/2023
Total grants, contributions, etc.$558,346
Program services$572,065
Investment income and dividends$37,079
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$30,878
Total revenues$1,198,368

Form 990s for Virginia Biotechnology Association

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-08990View PDF
2022-062022-12-05990View PDF
2021-062021-11-16990View PDF
2020-062021-06-30990View PDF
2019-062021-06-07990View PDF
...and 9 more Form 990s
Data update history
July 20, 2024
Updated personnel
Identified 9 new personnel
July 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $398,600 from Grow Capital Jobs Foundation
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
HealthScience and technologyBusiness and industry
Characteristics
MembershipsState / local levelReceives government funding
General information
Address
800 E Leigh St 14
Richmond, VA 23219
Metro area
Richmond, VA
County
Richmond city, VA
Website URL
vabio.org/ 
Phone
(804) 643-6360
IRS details
EIN
54-1644709
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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