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Nonprofiteer
← BIOFLORIDA INC

Form 990 for tax year 2022

Filed by BIOFLORIDA INC.

Totals

Total revenue
$2,198,151
Total expenses
$1,459,428
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$2,197,950
Investment income
$201
Other revenue
$0
Total assets, end of year
$2,908,507
Total liabilities, end of year
$60,041
Net assets or fund balances, end of year
$2,848,466
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 2a · Program service revenue: MEMBER BENEFIT PROGRAM

    total $849,577 · related or exempt $849,577

  • 2b · Program service revenue: ANNUAL CONFERENCE

    total $643,453 · related or exempt $643,453

  • 2c · Program service revenue: MEMBERSHIP DUES

    total $518,140 · related or exempt $518,140

  • 2d · Program service revenue: CHAPTER EVENTS

    total $186,780 · related or exempt $186,780

  • 3 · Investment income

    total $201 · excluded $201

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $313,897

  • 7 · Other salaries and wages

    total $349,720

  • 8 · Pension plan contributions

    total $8,584

  • 9 · Other employee benefits

    total $81,838

  • 10 · Payroll taxes

    total $39,710

  • 11b · Fees: legal

    total $33,113

  • 11c · Fees: accounting

    total $15,350

  • 11d · Fees: lobbying

    total $27,093

  • 11g · Fees: other

    total $14,252

  • 12 · Advertising and promotion

    total $113,203

  • 13 · Office expenses

    total $55,728

  • 14 · Information technology

    total $2,957

  • 17 · Travel

    total $23,104

  • 19 · Conferences, conventions and meetings

    total $479

  • 22 · Depreciation, depletion and amortization

    total $396

  • 23 · Insurance

    total $9,169

  • 24a · Other expenses: ANNUAL CONFERENCE

    total $317,102

  • 24b · Other expenses: PROGRAM EVENTS EXPENSE

    total $53,733

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $168,892 · end of year $119,287

  • 2 · Savings and temporary cash investments

    beginning of year $1,656,630 · end of year $2,321,815

  • 4 · Accounts receivable

    beginning of year $314,445 · end of year $466,771

  • 10a · Land, buildings and equipment: cost or other basis

    $3,599

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,965

  • 10c · Land, buildings and equipment, net

    beginning of year $1,030 · end of year $634

  • 17 · Accounts payable and accrued expenses

    beginning of year $27,754 · end of year $53,541

  • 19 · Deferred revenue

    beginning of year $3,500 · end of year $6,500

  • 27 · Net assets without donor restrictions

    beginning of year $2,109,743 · end of year $2,848,466

Mission and programs · 2022

Mission

BIOFLORIDA IS THE VOICE OF FLORIDA'S LIFE SCIENCES INDUSTRY, REPRESENTING 8,600 ESTABLISHMENTS AND RESEARCH ORGANIZATIONS IN THE BIOPHARMACEUTICAL, MEDICAL TECHNOLOGY, AND DIGITAL HEALTH SECTORS THAT COLLECTIVELY EMPLOY 107,000 FLORIDIANS.

  • HOST STATEWIDE LIFE SCIENCE CONFERENCE WHICH BRINGS TOGETHER ALL DISCIPLINES FROM BIOPHARMACEUTICAL, MEDICAL TECHNOLOGY, DIGITAL HEALTH AND HEALTH SYSTEMS INDUSTRIES. THE MEETING FEATURES PRESENTATIONS REGARDING STATE-OF-THE-ART MEDICINE AND RELATED FIELDS, STATE AND FEDERAL REGULATORY AND LEGISLATIVE UPDATES AND COMPANY BUSINESS MODELS AND ACHIEVEMENTS. CONDUCT REGIONAL CHAPTER MEETINGS ACROSS THE STATE WHICH PROVIDE FORUMS FOR SCIENTIFIC EXCHANGES, BUSINESS DEVELOPMENT AND PARTNERING DISCUSSIONS, CAREER WORKSHOPS AND NETWORKING. PROVIDE ADVOCACY SUPPORT TO MEMBER COMPANIES WITH THE PURPOSE OF EDUCATING LEGISLATORS ON PUBLIC POLICIES THAT ENSURE A FAVORABLE BUSINESS ENVIRONMENT FOR THE LIFE SCIENCE INDUSTRIES.

As filed on the 2022 return.

Listed in Part VII

  • Charles Bruce

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • Les Croland

    LEGAL COUNSEL

    Total calculated
    $0
    Hours/week
    2
  • Robert Finizio

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • Adam Hunter

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Gregory Nelson

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Douglas Calder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brian Dorn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Thomas Equels

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Antonio J Ferreira

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Adam Grossman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chris Min

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Parkinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joe Sardano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chika Seidel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Juan Toro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Juan Carlos Varela

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kathy Chiu

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Day

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Friedman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rob Herzog

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tracy Goeken

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Emily Gresham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Hickman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joseph Iannotti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Norma Sue Kenyon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Valerie McDevitt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Karen Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jim Oconnell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carey Officer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jarett Rieger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Raquel Rodriguez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Svetlana Shtrom

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Holly Bates Snow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Strong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sue Washer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Julie Watson Lampley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nancy Bryan

    PRESIDENT & CEO

    Total calculated
    $313,897
    From this org
    $272,726
    From related orgs
    $0
    Other
    $41,171
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,226
    Bonus
    $47,500
    Other
    $0
    Deferred
    $10,981
    Nontaxable benefits
    $30,190
    Filer's total
    $313,897
  • Tara Ann Coleman

    COO

    Total calculated
    $164,069
    From this org
    $120,271
    From related orgs
    $0
    Other
    $43,798
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $99,271
    Bonus
    $21,000
    Other
    $0
    Deferred
    $4,830
    Nontaxable benefits
    $38,968
    Filer's total
    $164,069
  • Ian Leventhal

    VP BUSINESS DEVELOPMENT

    Total calculated
    $124,148
    From this org
    $111,075
    From related orgs
    $0
    Other
    $13,073
    Hours/week
    40

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 · 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

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202313189349302896

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