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← ARIZONA BIOINDUSTRY ASSOCIATION INC

Form 990 for tax year 2022

Filed by ARIZONA BIOINDUSTRY ASSOCIATION INC.

Totals

Total revenue
$932,237
Total expenses
$928,627
Contributions and grants received
$733,778
Grants paid
$262,039
Program service revenue
$198,261
Investment income
$198
Other revenue
$0
Total assets, end of year
$611,594
Total liabilities, end of year
$200,304
Net assets or fund balances, end of year
$411,290
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$928,627

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $415,375

  • 1e · Government grants (contributions)

    $93,344

  • 1f · All other contributions, gifts and grants

    $225,059

  • 2a · Program service revenue: PURCHASING PROGRAMS

    total $72,511 · related or exempt $72,511

  • 2b · Program service revenue: SPONSORSHIP INCOME

    total $66,250 · related or exempt $66,250

  • 2c · Program service revenue: REGISTRATION FEES

    total $59,500 · related or exempt $59,500

  • 3 · Investment income

    total $198 · excluded $198

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $262,039

  • 5 · Compensation of officers, directors and key employees

    total $196,212

  • 7 · Other salaries and wages

    total $74,980

  • 9 · Other employee benefits

    total $16,851

  • 10 · Payroll taxes

    total $16,862

  • 11a · Fees: management

    total $50,072

  • 11c · Fees: accounting

    total $6,670

  • 11d · Fees: lobbying

    total $12,500

  • 12 · Advertising and promotion

    total $22,613

  • 13 · Office expenses

    total $5,609

  • 14 · Information technology

    total $4,836

  • 17 · Travel

    total $3,382

  • 19 · Conferences, conventions and meetings

    total $188,142

  • 23 · Insurance

    total $1,628

  • 24a · Other expenses: GRANT & CONTRACT EXPENS

    total $56,519

  • 24b · Other expenses: CONTINGENCY EXPENSES

    total $4,571

  • 24c · Other expenses: DUES & FEES:OTHER

    total $732

  • 24d · Other expenses: BUSINESS COMPLIANCE

    total $239

  • 24e · All other expenses

    total $4,170

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $449,626 · end of year $488,748

  • 2 · Savings and temporary cash investments

    beginning of year $74,113 · end of year $74,295

  • 4 · Accounts receivable

    beginning of year $2,500 · end of year $40,750

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,383 · end of year $7,801

  • 17 · Accounts payable and accrued expenses

    beginning of year $49,067 · end of year $114,554

  • 19 · Deferred revenue

    beginning of year $72,875 · end of year $85,750

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $407,680 · end of year $411,290

Mission and programs · 2022

Mission

ARIZONA BIOINDUSTRY ASSOCIATION (AZBIO) IS THE STATEWIDE BIOINDUSTRY TRADE ASSOCIATION AND UNIFIES, EMPOWERS AND ADVANCES ITS MEMBERS. AZBIO ENHANCES THE ENVIRONMENT TO MAKE ARIZONA A PLACE WHERE HEALTH INNOVATION AND BIOSCIENCE COMPANIES CAN GROW AND SUCCEED.

Activities or mission (Part I)

AZBIO SUPPORTS THE NEEDS OF ARIZONA'S GROWING LIFE SCIENCE ECOSYSTEM.

  • ARIZONA BIOINDUSTRY ASSOCIATION FACILITATED DEVELOPMENT AND EXPANSION OF THE LIFE SCIENCE INDUSTRY THROUGH VARIOUS EDUCATION AND NETWORKING SEMINARS HELD THROUGHOUT ARIZONA. IN ADDITION TO MONETARY SUPPORT, THE ORGANIZATION RECEIVED $24,000 IN IN-KIND SERVICES TO HELP SUPPORT THE EXPANSION OF THE LIFE SCIENCE INDUSTRY.

    Expenses $928,627 · Revenue $198,261

As filed on the 2022 return.

Listed in Part VII

  • Russ Yelton

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Joan Koerber-Walker

    PRESIDENT & CEO

    Total calculated
    $179,644
    From this org
    $179,644
    From related orgs
    $0
    Other
    $0
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $167,644
    Bonus
    $0
    Other
    $12,000
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $179,644
  • Jeff Singleton

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Kristen Swingle

    CHAIRWOMAN OF THE BOARD

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Barton PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Dexter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rafael Fonseca MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sandra Watson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Vallerga

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Maryann Guerra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kiran Avancha

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dan Kasprzyk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eliott Mufson PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Galen Perry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Peter Bawin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephen Munk PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alex Tessmer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kyle Wesley

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Cathy Langham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jason Jardine

    EXECUTIVE COMMITTEE & NAGC

    Total calculated
    $0
    Hours/week
    2
  • Mary O'Reilly PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steven Potts PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Claudia Whitehead

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mara Aspinall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tony Caldwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tom Eisiminger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brandy Flores

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Renae Franz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Renee Gala

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jyotsna Ghai PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shannon Groppenbacher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Morton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kevin Parker

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • David Patience

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nathan Trembath

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1B
THE ORGANIZATION DOES NOT HAVE ANY OF THESE EXPENSES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • TO PAY FOR PROFESSIONAL FUNDRAISING COSTS ON BEHALF OF THE ORGANIZATION TO SET UP THE STRUCTURES: AZADVANCES UNDER OPPORTUNITY THROUGH ENTREPRENEURSHIP FOUNDATION(OTEF) AND THE ARIZONA HEALTH INNOVATION TRUST FUND (AHIT) UNDER THE STATE OF ARIZONA.

  • ANUNCIA MEDICAL INC

    $33,500

    DIRECT REIMBURSEMENT OF APPROVED EXPENSES TO SUBGRANTEES DESIGNATED BY FLINN FOUNDATION GRANT

  • PAXAURIS LLC

    $33,500

    DIRECT REIMBURSEMENT OF APPROVED EXPENSES TO SUBGRANTEES DESIGNATED BY FLINN FOUNDATION GRANT

  • SAIOX INC

    $33,500

    DIRECT REIMBURSEMENT OF APPROVED EXPENSES TO SUBGRANTEES DESIGNATED BY FLINN FOUNDATION GRANT

  • ANUNCIA MEDICAL INC

    $31,600

    DIRECT REIMBURSEMENT OF APPROVED EXPENSES TO SUBGRANTEES DESIGNATED BY FLINN FOUNDATION GRANT

  • UPETSIA INC

    $23,796

    DIRECT REIMBURSEMENT OF APPROVED EXPENSES TO SUBGRANTEES DESIGNATED BY FLINN FOUNDATION GRANT

  • NEUTHERAPEUTICS LLC

    $22,000

    DIRECT REIMBURSEMENT OF APPROVED EXPENSES TO SUBGRANTEES DESIGNATED BY FLINN FOUNDATION GRANT

  • RESUTURE INC

    $15,000

    DIRECT REIMBURSEMENT OF APPROVED EXPENSES TO SUBGRANTEES DESIGNATED BY FLINN FOUNDATION GRANT

  • SCINTILLATION NANOTECHNOLOGIES INC

    $6,478

    DIRECT REIMBURSEMENT OF APPROVED EXPENSES TO SUBGRANTEES DESIGNATED BY FLINN FOUNDATION GRANT

Provenance

Return type
form_990
Tax year
2022
Filed
8 June 2023
IRS schema version
2022v5.0
Source object
202301599349301115

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