Civic Intelligence

Biotechnology Innovation Organization

990 • Fiscal year 2012 • EIN 52-1224577

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 11, 2013

1201 Maryland Avenue SW No 90020024
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$65,054,922

Flat from 2012

Net Assets

Flat

$38,903,829

Flat from 2012

Liabilities

Flat

$26,151,093

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$64,927,338

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2010: $65,414,013Liabilities 2010: $26,464,995Net Assets 2010: $38,949,0182010Assets 2011: $65,857,637Liabilities 2011: $27,777,267Net Assets 2011: $38,080,3702011Assets 2012: $65,054,922Liabilities 2012: $26,151,093Net Assets 2012: $38,903,8292012Assets 2012: $65,054,922Liabilities 2012: $26,151,093Net Assets 2012: $38,903,8292012Assets 2013: $66,638,973Liabilities 2013: $26,153,882Net Assets 2013: $40,485,0912013Assets 2014: $68,085,013Liabilities 2014: $26,015,982Net Assets 2014: $42,069,0312014Assets 2015: $73,452,800Liabilities 2015: $33,238,643Net Assets 2015: $40,214,1572015Assets 2016: $73,322,307Liabilities 2016: $33,540,196Net Assets 2016: $39,782,1112016Assets 2017: $81,025,145Liabilities 2017: $34,368,598Net Assets 2017: $46,656,5472017Assets 2018: $78,940,053Liabilities 2018: $36,968,656Net Assets 2018: $41,971,3972018Assets 2019: $84,368,104Liabilities 2019: $36,733,362Net Assets 2019: $47,634,7422019Assets 2020: $76,544,473Liabilities 2020: $32,801,999Net Assets 2020: $43,742,4742020Assets 2021: $113,666,319Liabilities 2021: $69,410,674Net Assets 2021: $44,255,6452021Assets 2022: $124,412,600Liabilities 2022: $73,648,403Net Assets 2022: $50,764,1972022Assets 2023: $156,639,347Liabilities 2023: $79,279,320Net Assets 2023: $77,360,0272023Assets 2024: $170,089,094Liabilities 2024: $76,918,293Net Assets 2024: $93,170,8012024

Highlighted filing

2012

Assets$65,054,922
Liabilities$26,151,093
Net Assets$38,903,829

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $58,750,1752010Expenses 2011: $60,961,4222011Expenses 2012: $64,927,3382012Revenue 2012: $62,287,423Expenses 2012: $64,927,338Net Income 2012: -$2,639,9152012Revenue 2013: $65,580,696Expenses 2013: $66,176,549Net Income 2013: -$595,8532013Revenue 2014: $66,817,299Expenses 2014: $66,132,964Net Income 2014: $684,3352014Revenue 2015: $74,524,520Expenses 2015: $67,799,834Net Income 2015: $6,724,6862015Revenue 2016: $76,915,410Expenses 2016: $79,374,677Net Income 2016: -$2,459,2672016Revenue 2017: $78,551,962Expenses 2017: $78,317,024Net Income 2017: $234,9382017Revenue 2018: $87,310,431Expenses 2018: $86,524,501Net Income 2018: $785,9302018Revenue 2019: $92,437,269Expenses 2019: $96,191,552Net Income 2019: -$3,754,2832019Revenue 2020: $77,279,517Expenses 2020: $81,844,658Net Income 2020: -$4,565,1412020Revenue 2021: $80,910,840Expenses 2021: $80,058,118Net Income 2021: $852,7222021Revenue 2022: $103,185,175Expenses 2022: $86,344,110Net Income 2022: $16,841,0652022Revenue 2023: $113,768,509Expenses 2023: $91,630,164Net Income 2023: $22,138,3452023Revenue 2024: $117,748,708Expenses 2024: $100,010,786Net Income 2024: $17,737,9222024

Highlighted filing

2012

Revenue-
Expenses$64,927,338
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 11, 2013
Return Version
2012v2.1
Gross Receipts
$96,516,207
Mission and Program Overview

Mission

The biotechnology innovation organization (bio) represents approximately 1,000 companies and organizations in washington dc, state capitals, and international fora. Bio is founded on the principle that policy must nurture innovation in the life sciences to overcome challenges in health care, agriculture, industry, and the environment. Our members represent companies offering a spectrum of biotechnology applications across major sectors of the economy. Bio members also include universities, nonprofits, patient groups, and other organizations that play an important role in the future of the life sciences. Bio's activities are broken down into two programs - advocacy and services.

Major Activities

Activity 2
Servicesbio's services include conferences and activities that bring together industry partners and investors for events ranging from the bio international convention to conferences for business development executives. The event attracted 16,500 attendees from 65 countries, and 49 u.s. States, including 300 members of the media. 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 and the bio business forum, which takes place during the convention, provided an opportunity for biotechnology and pharmaceutical companies, academic research institutions, and investors from around the world to schedule one-on-one meetings and discuss potential business opportunities. The bio business forum, which takes place during the convention, provided an opportunity for biotechnology and pharmaceutical companies, academic research institutions, and investors from around the world to schedule one-on-one meetings and discuss potential business opportunities; it hosted a record number of 25,537 partnering meetings between 2,837 companies and 150+ company presentations.capital formation & business development - through a portfolio of events, bio supports the capital formation and business development needs of hundreds of innovative companies that form the basis of the biotechnology industry. These programs facilitate critical capital formation and partnerships, and provide professional services. Throughout the year, bio hosts or co-hosts nine national and international conferences that provide venues for member and non-member companies to present new data, meet and partner with fellow biotech companies, and attract funding from investors and other organizations.
Filing and Contact Details

Filer

EIN
52-1224577
Raw XML AppendixShowing 400 of 1,862 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.

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IRS990/Activity2/Description0SERVICESBIO'S SERVICES INCLUDE CONFERENCES AND ACTIVITIES THAT BRING TOGETHER INDUSTRY PARTNERS AND INVESTORS FOR EVENTS RANGING FROM THE BIO INTERNATIONAL CONVENTION TO CONFERENCES FOR BUSINESS DEVELOPMENT EXECUTIVES. THE EVENT ATTRACTED 16,500 ATTENDEES FROM 65 COUNTRIES, AND 49 U.S. STATES, INCLUDING 300 MEMBERS OF THE MEDIA. 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 AND THE BIO BUSINESS FORUM, WHICH TAKES PLACE DURING THE CONVENTION, PROVIDED AN OPPORTUNITY FOR BIOTECHNOLOGY AND PHARMACEUTICAL COMPANIES, ACADEMIC RESEARCH INSTITUTIONS, AND INVESTORS FROM AROUND THE WORLD TO SCHEDULE ONE-ON-ONE MEETINGS AND DISCUSS POTENTIAL BUSINESS OPPORTUNITIES. THE BIO BUSINESS FORUM, WHICH TAKES PLACE DURING THE CONVENTION, PROVIDED AN OPPORTUNITY FOR BIOTECHNOLOGY AND PHARMACEUTICAL COMPANIES, ACADEMIC RESEARCH INSTITUTIONS, AND INVESTORS FROM AROUND THE WORLD TO SCHEDULE ONE-ON-ONE MEETINGS AND DISCUSS POTENTIAL BUSINESS OPPORTUNITIES; IT HOSTED A RECORD NUMBER OF 25,537 PARTNERING MEETINGS BETWEEN 2,837 COMPANIES AND 150+ COMPANY PRESENTATIONS.CAPITAL FORMATION & BUSINESS DEVELOPMENT - THROUGH A PORTFOLIO OF EVENTS, BIO SUPPORTS THE CAPITAL FORMATION AND BUSINESS DEVELOPMENT NEEDS OF HUNDREDS OF INNOVATIVE COMPANIES THAT FORM THE BASIS OF THE BIOTECHNOLOGY INDUSTRY. THESE PROGRAMS FACILITATE CRITICAL CAPITAL FORMATION AND PARTNERSHIPS, AND PROVIDE PROFESSIONAL SERVICES. THROUGHOUT THE YEAR, BIO HOSTS OR CO-HOSTS NINE NATIONAL AND INTERNATIONAL CONFERENCES THAT PROVIDE VENUES FOR MEMBER AND NON-MEMBER COMPANIES TO PRESENT NEW DATA, MEET AND PARTNER WITH FELLOW BIOTECH COMPANIES, AND ATTRACT FUNDING FROM INVESTORS AND OTHER ORGANIZATIONS.
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IRS990/Description0ADVOCACYBIO'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 2012 ARE LISTED BELOW. SAFEGUARDED AND ADVANCED INTELLECTUAL PROPERTY PROTECTIONS, DOMESTICALLY AND INTERNATIONALLY. FOSTERED A DIALOGUE ABOUT ETHICS AND PROACTIVELY ADVANCED THE SOCIALLY RESPONSIBLE USE OF BIOTECHNOLOGY. PROMOTED INVESTMENT IN GOVERNMENT AND ACADEMIC RESEARCH. INITIATED EFFORTS TO COMPREHENSIVELY REFORM THE U.S. TAX CODE TO PROMOTE INNOVATION AND INVESTMENT IN BIOTECHNOLOGY. 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 2012 ACCOMPLISHMENTS: INFLUENCED IMPROVEMENTS TO THE U.S. FOOD AND DRUG ADMINISTRATION'S (FDA'S) PROCESS FOR HUMAN DRUG REVIEW. ENHANCED PATIENT ACCESS TO INNOVATIVE THERAPIES. ADVOCATED FOR BIOSIMILARS POLICIES THAT PROTECT PATIENT SAFETY AND PROMOTE BIOMEDICAL INNOVATION. PROMOTED DEVELOPMENT AND USE OF RESEARCH TOOLS, MOLECULAR DIAGNOSTICS AND PERSONALIZED THERAPIES. ADVOCATED FOR POLICIES THAT FOSTER VACCINE INNOVATION AND PROMOTE PANDEMIC AND BIO-DEFENSE PREPAREDNESS. INFLUENCED IMPROVEMENTS TO THE INTERNATIONAL ENVIRONMENT FOR BIOMEDICAL INNOVATION.THE EMERGING COMPANIES SECTION 2012 ADVOCACY ACCOMPLISHMENTS: ADVANCED THE INTEREST OF EMERGING COMPANIES IN CAPITAL FORMATION AND FINANCIAL SERVICES POLICY. INCREASED OPPORTUNITIES FOR SMALL COMPANIES TO RECEIVE FEDERAL GRANTS. ADVOCATED FOR TAX POLICIES SUPPORTING INNOVATIVE EMERGING COMPANIES. ADVOCATED FOR THE REMOVAL OF BURDENSOME FINANCIAL REPORTING REGULATIONS ON EMERGING COMPANIES. INFLUENCED BIO'S HEALTH CARE POLICIES TO REFLECT THE CONCERNS OF SMALL BIOTECHNOLOGY COMPANIES.THE FOOD & AGRICULTURE SECTION 2012 ADVOCACY ACCOMPLISHMENTS: WORKED WITH THE ADMINISTRATION AND CONGRESS TO ADVANCE IMPROVEMENTS TO THE U.S. AND GLOBAL REGULATORY SYSTEMS IN AN EFFORT TO PROVIDE PREDICTABILITY IN REGULATORY DECISIONS. COMPLETED WORK ON THE FIRST AGREEMENT UNDER A VOLUNTARY INDUSTRY MECHANISM ("THE ACCORD") DESIGNED TO PROVIDE A TRANSITION PROCESS FOR PRODUCTS COMING OFF PATENT AND ENTERING THE GENERIC MARKETPLACE. FOSTERED SUPPORT OF NONTRADITIONAL ALLIES THROUGH ONGOING OUTREACH TO ENVIRONMENTAL, ANTI-HUNGER AND CORPORATE ENTITIES, AS WELL AS INTERNATIONAL OFFICIALS, TO ADVANCE UNDERSTANDING OF AGRICULTURE BIOTECHNOLOGY AND THE CHALLENGES RELATED TO UNPREDICTABLE REGULATORY SYSTEMS. SECURED A LETTER TO THE EU COMMISSION RAISING OBJECTIONS TO ITS ANIMAL CLONING REGULATORY POLICIES FROM THE UNITED STATES AND A GROUP OF LIKE-MINDED COUNTRIES. DEFEATED LEGISLATION DESIGNED TO SCARE AND MISINFORM CONSUMERS REGARDING FOOD DERIVED FROM BIOTECHNOLOGY INGREDIENTS.THE INDUSTRIAL & ENVIRONMENTAL SECTION 2012 ADVOCACY ACCOMPLISHMENTS: SUCCESSFULLY ADVOCATED FOR CONGRESS TO PRESERVE THE RENEWABLE FUELS STANDARD. SUCCESSFULLY ADVOCATED FOR THE INTRODUCTION OF SEVERAL FAVORABLE PIECES OF TAX LEGISLATION RELATING TO RENEWABLE CHEMICALS, ALGAE, CELLULOSIC AND OTHER ADVANCED BIOFUELS. WORKED TO SECURE A ROBUST ENERGY TITLE IN FARM BILL REAUTHORIZATION PROPOSALS IN CONGRESS. ADVOCATED REGARDING THE PROPER REGULATORY APPROACH IN THE EMERGING FIELD OF SYNTHETIC BIOLOGY. ADVOCATED FOR THE CERTIFICATION PROCESS FOR THE VOLUNTARY LABELING PROGRAM IN THE U.S. DEPARTMENT OF AGRICULTURES BIOPREFERRED PROGRAM. BIO HELD TWO INDUSTRIAL BIOTECH CONFERENCES IN 2012 THE BIO WORLD CONGRESS ON INDUSTRIAL BIOTECHNOLOGY AND BIOPROCESSING AND THE BIO PACIFIC RIM SUMMIT ON INDUSTRIAL BIOTECHNOLOGY AND BIOENERGY.
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IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector28X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector29X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector30X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector31X
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IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector34X
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IRS990/Form990PartVIISectionA/NamePerson0APEL DANIEL
IRS990/Form990PartVIISectionA/NamePerson1ATWOOD BRIAN
IRS990/Form990PartVIISectionA/NamePerson2BEALL ROBERT
IRS990/Form990PartVIISectionA/NamePerson3BEEMAN DONALD
IRS990/Form990PartVIISectionA/NamePerson4BEER MARC
IRS990/Form990PartVIISectionA/NamePerson5BERVEN DOUG
IRS990/Form990PartVIISectionA/NamePerson6BIENAIME JEAN-JACQUES
IRS990/Form990PartVIISectionA/NamePerson7BORISY ALEXIS
IRS990/Form990PartVIISectionA/NamePerson8BORMANN BJ
IRS990/Form990PartVIISectionA/NamePerson9CLARK IAN
IRS990/Form990PartVIISectionA/NamePerson10COHEN RON
IRS990/Form990PartVIISectionA/NamePerson11COLES NANTHONY
IRS990/Form990PartVIISectionA/NamePerson12COLLINS JAMES
IRS990/Form990PartVIISectionA/NamePerson13CROOKES STANLEY
IRS990/Form990PartVIISectionA/NamePerson14CROWLEY JOHN
IRS990/Form990PartVIISectionA/NamePerson15CUMMINGS DANIEL
IRS990/Form990PartVIISectionA/NamePerson16DOERFLER DOUGLAS
IRS990/Form990PartVIISectionA/NamePerson17DUNCAN GREG
IRS990/Form990PartVIISectionA/NamePerson18DUNSIRE DEBORAH
IRS990/Form990PartVIISectionA/NamePerson19EGGERT CHARLES
IRS990/Form990PartVIISectionA/NamePerson20ELLERBUSCH SUSAN
IRS990/Form990PartVIISectionA/NamePerson21ENO RICHARD
IRS990/Form990PartVIISectionA/NamePerson22FERGUSON BRUCE
IRS990/Form990PartVIISectionA/NamePerson23FLINT JERRY
IRS990/Form990PartVIISectionA/NamePerson24FRITZ CAROLYN
IRS990/Form990PartVIISectionA/NamePerson25GATTO STEPHEN
IRS990/Form990PartVIISectionA/NamePerson26GERBERDING JULIE
IRS990/Form990PartVIISectionA/NamePerson27GERMANO GENO
IRS990/Form990PartVIISectionA/NamePerson28GIOVANNETTI GLEN
IRS990/Form990PartVIISectionA/NamePerson29GORMLEY GLENN
IRS990/Form990PartVIISectionA/NamePerson30GOWEN MAXINE
IRS990/Form990PartVIISectionA/NamePerson31GREENLEAF PETER
IRS990/Form990PartVIISectionA/NamePerson32GRUBER PATRICK
IRS990/Form990PartVIISectionA/NamePerson33GUTTERSON NEAL
IRS990/Form990PartVIISectionA/NamePerson34HA-NGOC TUAN
IRS990/Form990PartVIISectionA/NamePerson35HANTSON LUDWIG
IRS990/Form990PartVIISectionA/NamePerson36HASTINGS PAUL

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$170$76.9$93.2$118$100$17.7
2023Summary only. Only limited summary data is available for this year.$157$79.3$77.4$114$91.6$22.1
2022Summary only. Only limited summary data is available for this year.$124$73.6$50.8$103$86.3$16.8
2021Summary only. Only limited summary data is available for this year.$114$69.4$44.3$80.9$80.1$0.85
2020Summary only. Only limited summary data is available for this year.$76.5$32.8$43.7$77.3$81.8$4.57
2019Summary only. Only limited summary data is available for this year.$84.4$36.7$47.6$92.4$96.2$3.75
2018Summary only. Only limited summary data is available for this year.$78.9$37.0$42.0$87.3$86.5$0.79
2017Summary only. Only limited summary data is available for this year.$81.0$34.4$46.7$78.6$78.3$0.23
2016Summary only. Only limited summary data is available for this year.$73.3$33.5$39.8$76.9$79.4$2.46
2015Summary only. Only limited summary data is available for this year.$73.5$33.2$40.2$74.5$67.8$6.72
2014Summary only. Only limited summary data is available for this year.$68.1$26.0$42.1$66.8$66.1$0.68
2013Summary only. Only limited summary data is available for this year.$66.6$26.2$40.5$65.6$66.2$0.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.1$26.2$38.9$64.9
2012Summary only. Only limited summary data is available for this year.$65.1$26.2$38.9$62.3$64.9$2.64
2011Summary only. Only limited summary data is available for this year.$65.9$27.8$38.1$61.0
2010Summary only. Only limited summary data is available for this year.$65.4$26.5$38.9$58.8