Civic Intelligence

Biocom San Diego

EIN 33-0496646 • 501(c)6 • San Diego, CA

Profile

Accelerating life science success.

10996 Torreyana Rd 200San Diego, CA 92121

www.biocom.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

1.01x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

1.07x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

17th percentile

-6.9%

Higher net margin than 17% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

8th percentile

-8.8%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

37th percentile

3.0%

Faster revenue growth than 37% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Down

$14,899,695

Down $3,002,813 (-17%) from 2022

Liabilities

Down

$15,020,411

Down $1,583,108 (-9.5%) from 2022

Net Assets

Down

-$120,716

Down $1,419,705 (-109%) from 2022

Revenue

Up

$14,062,408

Up $812,010 (+6.1%) from 2022

Expenses

Up

$15,029,954

Up $2,372,876 (+19%) from 2022

Net Income

Down

-$967,546

Down $1,560,866 (-263%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $2,372,175Liabilities 2010: $1,812,112Net Assets 2010: $560,0632010Assets 2011: $2,840,182Liabilities 2011: $2,313,489Net Assets 2011: $526,6932011Assets 2012: $2,244,855Liabilities 2012: $1,718,663Net Assets 2012: $526,1922012Assets 2013: $2,722,741Liabilities 2013: $2,089,791Net Assets 2013: $632,9502013Assets 2014: $3,020,079Liabilities 2014: $2,356,358Net Assets 2014: $663,7212014Assets 2015: $3,344,449Liabilities 2015: $2,645,779Net Assets 2015: $698,6702015Assets 2016: $6,493,754Liabilities 2016: $5,967,049Net Assets 2016: $526,7052016Assets 2017: $5,797,241Liabilities 2017: $6,092,242Net Assets 2017: -$295,0012017Assets 2018: $6,040,148Liabilities 2018: $6,373,367Net Assets 2018: -$333,2192018Assets 2019: $6,590,205Liabilities 2019: $6,208,909Net Assets 2019: $381,2962019Assets 2020: $8,065,613Liabilities 2020: $6,743,418Net Assets 2020: $1,322,1952020Assets 2022: $17,902,508Liabilities 2022: $16,603,519Net Assets 2022: $1,298,9892022Assets 2024: $14,899,695Liabilities 2024: $15,020,411Net Assets 2024: -$120,7162024

Highlighted filing

2024

Assets$14,899,695
Liabilities$15,020,411
Net Assets-$120,716

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,892,9992010Expenses 2011: $4,245,4422011Expenses 2012: $3,888,3072012Revenue 2013: $4,628,254Expenses 2013: $4,528,629Net Income 2013: $99,6252013Revenue 2014: $4,045,744Expenses 2014: $4,012,181Net Income 2014: $33,5632014Revenue 2015: $4,495,795Expenses 2015: $4,455,030Net Income 2015: $40,7652015Revenue 2016: $5,493,443Expenses 2016: $5,697,461Net Income 2016: -$204,0182016Revenue 2017: $6,601,028Expenses 2017: $7,490,617Net Income 2017: -$889,5892017Revenue 2018: $7,519,194Expenses 2018: $7,515,770Net Income 2018: $3,4242018Revenue 2019: $8,967,649Expenses 2019: $8,383,811Net Income 2019: $583,8382019Revenue 2020: $9,405,178Expenses 2020: $8,491,550Net Income 2020: $913,6282020Revenue 2022: $13,250,398Expenses 2022: $12,657,078Net Income 2022: $593,3202022Revenue 2024: $14,062,408Expenses 2024: $15,029,954Net Income 2024: -$967,5462024

Highlighted filing

2024

Revenue$14,062,408
Expenses$15,029,954
Net Income-$967,546

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$15.0$0.12$14.1$15.0$0.97
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$16.6$1.30$13.3$12.7$0.59
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.07$6.74$1.32$9.41$8.49$0.91
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.59$6.21$0.38$8.97$8.38$0.58
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.04$6.37$0.33$7.52$7.52$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.80$6.09$0.30$6.60$7.49$0.89
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.49$5.97$0.53$5.49$5.70$0.20
2015Detailed filing. Detailed filing data is available for this year.$3.34$2.65$0.70$4.50$4.46$0.04
2014Detailed filing. Detailed filing data is available for this year.$3.02$2.36$0.66$4.05$4.01$0.03
2013Detailed filing. Detailed filing data is available for this year.$2.72$2.09$0.63$4.63$4.53$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$1.72$0.53$3.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$2.31$0.53$4.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$1.81$0.56$3.89
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$13,250,398
Mission and Program Overview

Mission

Accelerating life science success.

To achieve individual and collective success on the world stage of scientific and technological innovation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,709,570$10,371,189▼ $338,381
Accounts Receivable$740,458$621,293▼ $119,165
Investments in Publicly Traded Securities$361,044$374,902▲ $13,858
Prepaid Expenses and Deferred Charges$205,894$276,783▲ $70,889
Land, Buildings, and Equipment, Net$220,372$220,049▼ $323
Investments Other Securities$1$1→ $0
Total Assets$12,285,584$17,902,508▲ $5,616,924
Other Assets Total$48,245$6,038,291▲ $5,990,046
Liabilities
Deferred Revenue$7,639,362$7,567,811▼ $71,551
Other Liabilities$1,308,236$6,693,731▲ $5,385,495
Accounts Payable and Accrued Expenses$2,574,753$2,341,977▼ $232,776
Total Liabilities$11,522,351$16,603,519▲ $5,081,168
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$763,233$1,298,989▲ $535,756
Total Net Assets Fund Balance$763,233$1,298,989▲ $535,756
Total Liabilities and Net Assets / Fund Balance$12,285,584$17,902,508▲ $5,616,924

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$198,194$345,629$543,823
Leasehold Improvements$21,855$7,499$29,354
Other Assets Org$5,984,923--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph D PanettaPresident/CEO & DirectorFT$640,752$593,212$1,233,964
Jimmy JacksonSVP & Chief Policy OfficerFT$340,000$177,898$517,898
Julie AmesVP Corporate CommunicationsFT$240,000$140,523$380,523
Aileen GipsonExecutive Director PeopleFT$212,000$125,454$337,454
Michelle NemitsBay Area Executive DirectoFT$201,601$111,936$313,537
Stephanie HsiehLos Angeles Executive DireFT$212,000$100,876$312,876
Shaye ExnerExecutive Director of EvenFT$198,740$111,164$309,904
Fielding GreavesSenior Director of State Government AffairsFT$235,544$34,112$269,656
Fielding GreavesSenior Director of State Government-$204,000$65,656$269,656

Board Members and Trustees

NameTitle
Christophe Schilling PhdDirector / Chair
Daniel BurgessDirector / Chair Emeritus
Carin Canale-theakstonDirector / Vice Chair
Amy ButlerDirector
Bernard ParkerDirector
Charles DadswellDirector
Enoch KariukiDirector
Jennifer CayerDirector
Larry StambaughDirector
Paul MolaDirector
Ranjeet BanerjeeDirector
Sabrina JohnsonDirector
Steven PacelliDirector
Timothy ScottDirector
Trindl ReevesDirector
Wain Fishburn JdDirector
Lisa Haile Jd PhdDirector / General Counsel
Stephen Ferruolo Jd PhdDirector / Secretary
Daniel KleeburgDirector / VP Finance
Bassil Dahiyat PhdDirector/govenor
Bob Ramos JdDirector/govenor
Brent JacobsDirector/govenor
Cheston Larson JdDirector/govenor
Chuck Dadswell JdDirector/govenor
Damien Mcdevitt PhdDirector/govenor
Dan RyanDirector/govenor
David Crean PhdDirector/govenor
David HaleDirector/govenor
David Webb PhdDirector/govenor
Deanne CalvertDirector/govenor
Denise DemanDirector/govenor
Emad FareedDirector/govenor
Gregory Frost PhdDirector/govenor
Guy IannuzziDirector/govenor
Jack LiefDirector/govenor
James Mackay PhdDirector/govenor
Jeffrey Guise Jd PhdDirector/govenor
Jens Vogel PhdDirector/govenor
John DunnDirector/govenor
Juli MoranDirector/govenor
Julie Gilmore PhdDirector/govenor
Kennon BaldwinDirector/govenor
Kevin TremblayDirector/govenor
Marc Morley JdDirector/govenor
Mark CaffertyDirector/govenor
Matthew BresnahaDirector/govenor
Matthew C AbernethyDirector/govenor
Michael FarringtonDirector/govenor
Natalie Hosea PhdDirector/govenor
Oliver Fetzer PhdDirector/govenor
Olivier TouryDirector/govenor
Paul Laikind PhdDirector/govenor
Rachel Haurwitz PhdDirector/govenor
Richard BregmanDirector/govenor
Richard Heyman PhdDirector/govenor
Ronnie Hanecak PhdDirector/govenor
Stanley Maloy PhdDirector/govenor
Steven Mento PhdDirector/govenor
Sunita Cooke PhdDirector/govenor
Tamera Weisser Jd PhdDirector/govenor
Ted JacobsDirector/govenor
Thierry Diagana PhdDirector/govenor
Tina Nova PhdDirector/govenor
Tsuneo TakahashiDirector/govenor
Magda Marquet PhdLife Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Beyond Benefits Life Science Assoc TrusEmployee Benefits ExpensePO BOX 85638, San Diego, CA 85638$936,808
The Lodge At Torrey PinesEvent Space / Food&beverage11480 NORTH TORREY PINES RD, La Jolla, CA 92037$276,174
Grizzly INCMarketing3861 FRONT STREET, San Diego, CA 92103$209,005
Swanson CommunicationsPublic Policy Consultant Expense1020 16TH ST SUITE 31, Sacramento, CA 95814$200,500
KqedMarketing2601 MARIPOSA STREET, San Francisco, CA 94110$159,900
Revenue and Support

Revenue Composition

Contributions and Grants
$9,790,780
Program Service Revenue
$2,647,934
Investment Income
$56,798
Other Revenue
$754,886
Change in Net Assets
$593,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,424,634
Other Expenses$5,232,444
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$3,229,250
Other Salaries and Wages---$2,684,206
Other Employee Benefits---$944,808
All Other Expenses---$930,118
Payroll Taxes---$425,102
Other Expenses---$418,476
Occupancy---$404,628
Fees for Services Other---$348,758
Travel---$228,008
Advertising---$211,448
Pension Plan Contributions---$141,268
Information Technology---$84,069
Depreciation Depletion---$77,304
Conferences and Meetings---$62,706
Payments to Affiliates---$38,000
Insurance---$25,386
Fees for Services Accounting---$24,200
Office Expenses---$14,463
Fees for Services Legal---$5,814
Interest---$816
Total Functional Expenses$0$0$0$12,657,078
International Activity

International Summary

Offices
0
Employees
0
Spending
$110,842

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProvide Strategic Advisory Services & Facilitate Partnership Discussions to Companies & GovernmentsBIOCOM LAUNCHED ITS JAPAN INITIATIVE WITH THE GOAL OF BUILDING A BRIDGE BETWEEN LIFE SCIENCE COMPANIES IN JAPAN AND CALIFORNIA, AS WELL AS CREATING GREATER AWARENESS OF OPPORTUNITIES IN JAPAN FOR OUR MEMBERS. BIOCOM'S JAPAN INITIATIVE HAS RESULTED IN THE DEVELOPMENT OF SEVERAL KEY RELATIONSHIPS BETWEEN BIOCOM AND MAJOR LIFE SCIENCE ENTITIES IN JAPAN DUE IN PART TO OUR CONSULTANT'S STRONG TIES TO INDUSTRY AND GOVERNMENT LEADERS IN JAPAN. TODAY, BIOCOM IS A LEADING PORTAL TO JAPAN FOR CALIFORNIA LIFE SCIENCE COMPANIES, AND A CONDUIT TO THE UNITED STATES FOR JAPANESE COMPANIES, INVESTORS, AND GOVERNMENT ENTITIES.00$110,842
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Vice President & General CounselDla Piper - Completed Registration Fees.No$3,402
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Lease Liability$6,114,248
Deferred Compensation$579,483
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The ceo of this reporting not-for-profit corporation is also a director and officer of a related closely held for-profit corporation and another not-for-profit corporation.

Form 990, Part VI, Section A, Line 7A

Board of directors have a board level nomination committee and the board or executive committee votes on the nominees.

Form 990, Part VI, Section B, Line 11B

The return is reviewed by the controller, ceo, chairman of the finance committee and coo for completeness. After which the return is compared with internal and audited financial statements for accuracy prior to filing.

Form 990, Part VI, Section B, Line 15

Compensation for executives is determined by a board level compensation committee chaired by the chairman of the board. Compensation benchmarks are coordinated with budget constraints in this determination. Compensation of all other employees is as follows: department heads submit requests for changes in compensation, those requests are reviewed by the coo, controller and human resources with respect to performance and budget constraints for approval. There may also be an across the board cost of living increase set by the ceo & coo. Cost of living increases are disclosed to the finance committee and executive committee as a part of the budget approval process.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and policies available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Biocom California
EIN
33-0496646
Phone
8584550300
Address
10996 TORREYANA RD 200, SAN DIEGO, CA 92121

Signing Officer

Name
Joseph D Panetta
Title
President
Phone
8584550300
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph D Panetta
Formed
1998
Legal Domicile
CA
Voting Board Members
21
Independent Board Members
21
Employees
60
Volunteers
65

Preparer

Firm
Jgd & Associates Llp
Address
9191 TOWNE CENTRE DRIVE 340, SAN DIEGO, CA 92122-1274
Preparer
Daniel P Schreiber
Phone
8585871000
Supplemental Narrative

Additional Explanations

Part XII Line 2C

The process has not changed

Financial Statement Notes

PART X, LINE 2:

The purchasing group adopted fasb asc 740-10-65 transition related to fasb staff position fin 48-3, effective date of fasb interpretation no. 48 for certain nonpublic enterprises effective january 1, 2009. As a result of the adoption, the purchasing group did not recognize any liability for uncertain tax positions, penalties or interest. Additionally, the purchasing group has not recorded any liability for uncertain tax positions as of december 31, 2022 and 2021 and does not have any unrecognized tax benefits. During the year ended december 31, 2022, biocom/california and the purchasing group did not recognize any penalties or interest related to income taxes. As of december 31, 2022, the federal income tax returns open to examination are 2018, 2019, 2020 and 2021 and the california income tax returns open to examination are 2017, 2018, 2019, 2020 and 2021.

Raw XML AppendixShowing 400 of 1,114 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02574753
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02341977
IRS990/AccountsReceivableGrp/BOYAmt0740458
IRS990/AccountsReceivableGrp/EOYAmt0621293
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ACHIEVE INDIVIDUAL AND COLLECTIVE SUCCESS ON THE WORLD STAGE OF SCIENTIFIC AND TECHNOLOGICAL INNOVATION.
IRS990/AdvertisingGrp/TotalAmt0211448
IRS990/AllOtherExpensesGrp/TotalAmt0930118
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0PETE WYNDHAM CFO
IRS990/BooksInCareOfDetail/PhoneNum08584550300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010996 TORREYANA RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN DIEGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd092121
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt010709570
IRS990/CashNonInterestBearingGrp/EOYAmt010371189
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt03229250
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt062706
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0936808
IRS990/ContractorCompensationGrp/CompensationAmt1276174
IRS990/ContractorCompensationGrp/CompensationAmt2209005
IRS990/ContractorCompensationGrp/CompensationAmt3200500
IRS990/ContractorCompensationGrp/CompensationAmt4159900
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 85638
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt111480 NORTH TORREY PINES RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt23861 FRONT STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt31020 16TH ST SUITE 31
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt42601 MARIPOSA STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0SAN DIEGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1LA JOLLA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2SAN DIEGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3SACRAMENTO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4SAN FRANCISCO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd085638
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd192037
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd292103
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd395814
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd494110
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0BEYOND BENEFITS LIFE SCIENCE ASSOC TRUS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1THE LODGE AT TORREY PINES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2GRIZZLY INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3SWANSON COMMUNICATIONS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4KQED
IRS990/ContractorCompensationGrp/ServicesDesc0EMPLOYEE BENEFITS EXPENSE
IRS990/ContractorCompensationGrp/ServicesDesc1EVENT SPACE / FOOD&BEVERAGE
IRS990/ContractorCompensationGrp/ServicesDesc2MARKETING
IRS990/ContractorCompensationGrp/ServicesDesc3PUBLIC POLICY CONSULTANT EXPENSE
IRS990/ContractorCompensationGrp/ServicesDesc4MARKETING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt09790780
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt056798
IRS990/CYOtherExpensesAmt05232444
IRS990/CYOtherRevenueAmt0754886
IRS990/CYProgramServiceRevenueAmt02647934
IRS990/CYRevenuesLessExpensesAmt0593320
IRS990/CYSalariesCompEmpBnftPaidAmt07424634
IRS990/CYTotalExpensesAmt012657078
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt013250398
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt07639362
IRS990/DeferredRevenueGrp/EOYAmt07567811
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IRS990/Desc0BIOCOM, REPRESENTING ALL OF SOUTHERN CALIFORNIA, IS THE LARGEST, MOST SUCCESSFUL REGIONAL LIFE SCIENCE ASSOCIATION IN THE WORLD. THROUGH OUR MANY INITIATIVES, OUR MEMBER COMPANIES HAVE A STRONGER, UNIFIED VOICE IN MATTERS OF PUBLIC POLICY, WORKFORCE DEVELOPMENT, CAPITAL DEVELOPMENT AND GROUP BUYING POWER. OUR MEMBERS ARE CONNECTED AND THROUGH OUR COMMUNICATION CHANNELS, VISIBLE ON A NATIONAL AND GLOBAL LEVEL. IN THE LAST YEAR, WE HAVE WORKED TO STRENGTHEN RELATIONSHIPS AND OPEN LINES OF COMMUNICATION WITH THE FDA. THIS DIALOGUE IS HELPING.CAPITAL DEVELOPMENT:- CONTINUED TO IDENTIFY WAYS TO RAISE CALIFORNIA'S VISIBILITY ON A NATIONAL AND INTERNATIONAL LEVEL.- GREW BUSINESS DEVELOPMENT FOCUSED NETWORKING EVENTS TO FURTHER CONNECT TO THE COMMUNITY IN CALIFORNIA. - GREW THE GLOBAL PARTNERING CONFERENCE COMMITTEE.PUBLIC POLICY:- HOSTED CONGRESSIONAL BRIEFINGS ON LIFE SCIENCE TOPICS.- SIGNIFICANT WORK IN THE LEGISLATIVE AREAS OF PATENT REFORM, DEVICE TAX REPEAL AND NIH FUNDING.- HOSTED HIGH LEVEL POLICY MAKERS AND REGULATORS.- ENGAGED STRONGLY ON LEGISLATION AT THE STATE LEVEL, PARTICULARLY ON LEGISLATION AFFECTING PUBLIC DISCLOSURE OF PROPRIETARY PRICING INFORMATION.- KEY STAKEHOLDER IN DEVELOPMENT OF REGIONAL WATER POLICY.COMMUNICATIONS:- BIOCOM IS DEDICATED TO PROMOTING OUR MEMBER COMPANIES AND THEIR SUCCESSES, WHILE KEEPING MEMBERSHIP APPRISED OF THE LATEST INDUSTRY NEWS.EVENTS & INITIATIVES:- ORGANIZED MULTIPLE TRIPS TO JAPAN AND HAD A BIOCOM/CALIFORNIA PRESENCE AT THE BIO JAPAN CONVENTION IN TOKYO.- HELD A SUCCESSFUL PARTNERING CONFERENCE AND CELEBRATION OF LIFE ANNUAL DINNER.
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