Cause IQ organization profile

Biotechnology Innovation Organization (BIO)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

BIO is a business or industry association based in Washington, DC that was founded in 1993. As of 2019 they had $87 million in revenue and $78 million in assets.

BIO's mission is to advocate for our members, and we also work towards enriching the industry with networking, partnering and education opportunities.

EIN:
52-1224577
City:
State:
Metro:
Website:
Phone:
202.962.9200
Facebook:
Twitter:
Founded:
1993
Type:
501(c)(6)
NTEE:
Revenue:
$87,310,431
Assets:
$78,940,053
Employees:
218
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at BIO

Advocacy: Biotechnology Innovation Organization (bio)'s advocacy efforts reflect the priorities identified by the bio board of directors and the four section governing boards.the board of directors focuses on issues of importance to all bio members, regardless of their size or technology. These cross-cutting advocacy accomplishments in 2017 are listed below: - safeguarded and advanced intellectual property protections, domestically and internationally.- fostered a dialogue about bioethics and proactively advanced the socially responsible use of Biotechnology.- promoted investment in government and academic research.- expanded outreach to foreign governments and international entities to educate on policy issues of importance to the Biotechnology industry and to improve the investment and regulatory climate for biotech products.the health section 2018 advocacy accomplishments: - promoted healthcare policies that recognize both the promise and value of Innovation.- advocated for a safe and predictable regulatory environment for value-based payment arrangements for drugs and biologics.- enhanced and protected patient access ...

Services: bio's services include conferences and activities that bring together industry stakeholders and investors for events ranging from the bio international convention to conferences for business development executives. The bio international convention attracts approximately 16,000 of the most influential biotech and pharma attendees from 76 countries and 48 u.s. states, as well as the district of columbia, puerto rico and the us virgin islands, including 300 members of the media, and offers three days of professional and business development opportunities. The net income from the convention supports our advocacy, public outreach, and other member service activities. The key elements of the bio international convention are educational programming, exhibition, the bio business forum, and networking events. These elements provide an opportunity for Biotechnology and pharmaceutical companies, academic research institutions, and investors from around the world to learn about recent scientific and policy developments, and schedule one-on-one meetings to discuss potential business ...

Form 990s for BIO

Fiscal year endingDate received by IRSFormPDF link
2018-12Feb 18, 2020990OView PDF
2017-12Feb 21, 2019990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Nov 16, 2016990OView PDF
2014-12Feb 22, 2016990OView PDF
...and five more Form 990 PDFs

Financials for BIO

Field2018
Total grants, contributions, etc.$0
Program services$72,848,062
Investment income and dividends$2,539,768
Tax-exempt bond proceeds$0
Royalty revenue$11,760,723
Net rental income$0
Net gain from sale of non-inventory assets$-966
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$162,844
Total revenues$87,310,431

Vendors for BIO

VendorServicesAmount paidDate
DrupalContent management system software2020-09-16
█████Marketing software2020-09-16
██████████████████ ███Tax accounting; Audit accounting2020-02-18
██████ ██████████ ████████ ███Investment advisory (plan)$32,0002019-12-31
████████ ███████████ █████████████Participant loan processing; Investment management$53,0402019-12-31
██████████CRM software2019-09-02
█████████ ████████Software2019-09-02
██████████ ███Audio Visual Services$966,3732018-12-01
...and 10 more vendors

Personnel at BIO

NameTitleCompensationMost recent data
Dr. Michelle Mcmurry-Heath,President and Chief Executive Officer-Oct. 4, 2020
Yvette White-WigginsSenior Vice President and Chief Financial Officer$425,637Oct. 4, 2020
██████ ████████Executive Vice President, Government Affairs and External Relations$481,261July 13, 2019
████ █████Senior Vice President, Membership and Business Strategies-Oct. 4, 2020
██████ ██████Executive Vice President, Health Policy$602,454Oct. 4, 2020
████ ███████Executive Vice President, Public Affairs-Oct. 4, 2020
████ ███████Executive Vice President, Food and Agriculture-July 13, 2019
█████ ██████General Counsel and Senior Vice President Legal-Oct. 4, 2020
█████ ████████Executive Vice President, Industrial and Environmental$517,982Jan. 10, 2019
██████ ██████Past Executive Vice President, International Affairs$486,197July 13, 2019
...and five more key personnel

Peer business and industry associations

 NameTypeRevenueLocation
1Airlines for America (A4A)501(c)(6)$39 millionWashington, DC
2Council of Better Business Bureaus (CBBB)501(c)(6)$29 millionArlington, VA
3National Futures Association (NFA)501(c)(6)$115 millionChicago, IL
4Groupe Speciale Mobile Association (GSMA)501(c)(6)$124 millionUnited Kingdom,
5CSA Group501(c)(6)$180 millionCanada,
6Confederation of Indian Industry (CII)501(c)(6)$82 millionArlington, VA
7American Wind Energy Association (AWEA)501(c)(6)$22 millionWashington, DC
8Cruise Lines International Association (CLIA)501(c)(6)$24 millionWashington, DC
9American Public Transit Association (APTA)501(c)(6)$22 millionWashington, DC
10American Bankers Association (ABA)501(c)(6)$135 millionWashington, DC
11Institute of International Finance (IIF)501(c)(6)$34 millionWashington, DC
12Financial Services Roundtable (FSR)501(c)(6)$22 millionWashington, DC
13Pharmaceutical Care Management Association (PCMA)501(c)(6)$28 millionWashington, DC
14American Fuel and Petrochemical Manufacturers (AFPM)501(c)(6)$43 millionWashington, DC
15United State Travel Association501(c)(6)$33 millionWashington, DC
16Association for Accessible Medicines (GPhA)501(c)(6)$26 millionWashington, DC
17Mortgage Bankers Association (MBA)501(c)(6)$83 millionWashington, DC
18Futures Industry Association (FIA)501(c)(6)$28 millionWashington, DC
19National Association of Home Builders (NAHB)501(c)(6)$74 millionWashington, DC
20America's Health Insurance Plans (AHIP)501(c)(6)$61 millionWashington, DC
21Ncta - The Internet and Television Association (NCTA)501(c)(6)$65 millionWashington, DC
22National Retail Federation (NRF)501(c)(6)$56 millionWashington, DC
23American Chemistry Council (ACC)501(c)(6)$127 millionWashington, DC
24American Gas Association (AGA)501(c)(6)$61 millionWashington, DC
25Alliance of Automobile Manufacturers501(c)(6)$34 millionWashington, DC