EIN 54-1644709

Virginia Biotechnology Association

IRS 501(c) type
501(c)(6)
Num. employees
4
Year formed
1992
Most recent tax filings
2022-06-01
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
$728,390
2022
Total expenses
$948,407
2022
Total assets
$591,880
2022
Num. employees
4
2022

Program areas at Virginia Biotechnology Association

In september 2021, Virginia bio hosted the 6th annual women building bio conference virtually and at 5 different in person locations throughout the state. Over 170 people attended this half day event, 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 life science professionals. These events included a monthly virtual lecture series and regular networking events held across the commonwealth.
In april 2022, Virginia bio hosted the bi-annual thrive conference at the hotel roanoke, in roanoke, va. over 200 people attended the daylong event, that brought together the leading researchers from biomedical research universities and health systems, entrepreneurs, startups and emerging bioscience companies from the state. This conference highlighted the many accomplishments and the significant players of the last three years and was organized in partnership with roanoke-blacksburg technology council (rbtc), regional accelerator and mentoring program (ramp) and valleys innovation council (vic), as well as fralin biomedical research institute, carilion clinic, and vtc ventures.

Who funds Virginia Biotechnology Association

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Grow Capital Jobs FoundationProvide Research$30,000

Personnel at Virginia Biotechnology Association

NameTitleCompensation
John NewbyChief Executive Officer$201,554
Caron TrumboVice President of Operations
Frank WiltonVice President Membership and Development
Jeff PompeoSecretary$0
Alan ConnorChairman$0
...and 7 more key personnel

Financials for Virginia Biotechnology Association

RevenuesFYE 06/2022
Total grants, contributions, etc.$159,165
Program services$620,150
Investment income and dividends$52,981
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$0
Miscellaneous revenues$-103,906
Total revenues$728,390

Form 990s for Virginia Biotechnology Association

Fiscal year endingDate received by IRSFormPDF link
2022-062022-12-05990View PDF
2021-062021-11-16990View PDF
2020-062021-06-30990View PDF
2019-062021-06-07990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s
Data update history
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 4, 2023
Updated personnel
Identified 5 new personnel
May 20, 2023
Received grants
Identified 1 new grant, including a grant for $30,000 from Grow Capital Jobs Foundation
October 13, 2021
Posted financials
Added Form 990 for fiscal year 2020
October 9, 2021
Posted financials
Added Form 990 for fiscal year 2019
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
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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