2023-03-29T13:46:43-05:00 2022-12-31 510232475 COVER & ROSSITER PA 2711 CENTERVILLE ROAD SUITE 100 WILMINGTON DE 19808 990 2022-01-01 204147195 DELAWARE BIOSCIENCE ASSOCIATION INC DELA 3026350445 PO BOX 7708 WILMINGTON DE 19803 MICHAEL FLEMING PRESIDENT & CEO 3026350445 2023-03-28 1 MICHAEL FLEMING 999009999 1 PETER KENNEDY P00571422 3026566632 2023-03-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL FLEMING PO BOX 7708 WILMINGTON DE 19803 917843 0 X WWW.DELAWAREBIO.ORG X 2006 DE TO PROMOTE AND STRENGTHEN THE BIOSCIENCE INDUSTRY IN THE STATE OF DELAWARE. 11 10 4 19 0 0 367837 553987 178014 317212 0 0 -2184 -53679 543667 817520 3092 1809 0 0 353796 390125 0 0 0 32136 56630 389024 448564 154643 368956 1110626 1511204 131651 167273 978975 1343931 X TO PROMOTE AND STRENGTHEN THE BIOSCIENCE INDUSTRY IN THE STATE OF DELAWARE. 0 0 448564 1809 317212 THE DELAWARE BIOSCIENCE ASSOCIATION IS A MEMBER-FOCUSED, NOT-FOR-PROFIT TRADE ORGANIZATION, WITH THE MISSION OF CATALYZING A THRIVING LIFE SCIENCE LANDSCAPE IN DELAWARE. DURING 2022, THE DELAWARE BIOSCIENCE ASSOCIATION:1. PROVIDED HIGH-TOUCH, STRATEGIC MEMBER AND COMMUNITY SUPPORT AND CONNECTIONS TO DRIVE BUSINESS AND ECONOMIC GROWTH, STARTUP COMPANY SUCCESS, RESEARCH FUNDING, WORKFORCE DEVELOPMENT AND INVESTMENT IN MAJOR NEW PROJECTS2. HOSTED HIGH-QUALITY, WELL-ATTENDED EVENTS ON KEY LIFE SCIENCE TOPICS AND ISSUES3. WELCOMED NEW BOARD MEMBERS4. GREW MEMBERSHIP5. ENGAGED WITH AND EDUCATED KEY STAKEHOLDERS AND POLICYMAKERS ON THE VALUE AND IMPACT OF DELAWARE'S LIFE SCIENCE SECTOR AND ADVOCATED FOR PROPOSALS TO SUPPORT INNOVATIVE RESEARCH, SECTOR GROWTH AND SUCCESS. 448564 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 4 1 0 0 0 0 1 1 0 0 0 X 11 10 0 0 0 0 1 1 1 1 1 0 0 1 0 1 0 1 1 0 X X DENIS MCCORMICK 3024521102 1 INNOVATION WAY SUITE 300 NEWARK DE 19711 CHRISTOPHER YOCHIM CHAIRMAN 1.00 X X 0 0 0 J MICHAEL BOWMAN TREASURER 1.00 X X 0 0 0 PHILIP D AMOA SECRETARY 1.00 X X 0 0 0 HELEN STIMSON IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 IZAK BAHAR DIRECTOR 1.00 X 0 0 0 ROBERT DAYTON PAST PRESIDENT 1.00 X 0 0 0 BRYAN FISHER DIRECTOR 1.00 X 0 0 0 MYUNGHEE GEERTS DIRECTOR 1.00 X 0 0 0 ARIEL GRUSWITZ DIRECTOR 1.00 X 0 0 0 BRIAN HAIGH DIRECTOR 1.00 X 0 0 0 T BEN HSU PHD DIRECTOR 1.00 X 0 0 0 KELVIN LEE PHD DIRECTOR 1.00 X 0 0 0 JAE SLY PHD MBA DIRECTOR 1.00 X 0 0 0 RAY YIN PHD DIRECTOR 1.00 X 0 0 0 PAULA J SWAIN DIRECTOR 1.00 X 0 0 0 GREG TRONTO DIRECTOR 1.00 X 0 0 0 ALEX D MEREDITH EDD DIRECTOR 1.00 X 0 0 0 NIKKIA SQUIRES DIRECTOR 1.00 X 0 0 0 MICHAEL FLEMING PRESIDENT 45.00 X X 230000 0 23501 TIM MUELLER DIRECTOR 1.00 X 0 0 0 230000 0 23501 1 0 1 0 0 258065 203422 92500 553987 ACTIVITIES INCOME 541700 317212 317212 317212 46644 203422 100323 -53679 -53679 817520 317212 0 -53679 1809 253501 114141 22483 8650 1489 4566 7335 2536 16820 1445 3598 DUES AND SUBSCRIPTIONS 5190 MISCELLANEOUS 5001 448564 1052626 1366149 58000 141405 3650 1100 1100 0 0 1110626 1511204 4080 9138 89893 158135 37678 0 131651 167273 X 978975 1343931 978975 1343931 1110626 1511204 368956 -4000 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 258063 12903 12903 12903 PART II-B, LINE 1: LOBBYING EXPENSE IS AN ESTIMATE OF TIME SPENT ON DIRECT ADVOCACY ON SPECIFIC LEGISLATION WITH STATE AND FEDERAL POLICYMAKERS. 1100 1100 0 0 INSPIRING INNOVATION 122051 97050 25001 42185 INSPIRING WOMEN IN STEM CONFERENCE 93666 86572 7094 15788 3 34349 19800 14549 42350 250066 203422 46644 100323 100323 -53679 X X 0 0 0 MICHAEL FLEMING PRESIDENT 230000 0 0 0 0 0 0 0 23501 0 253501 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS HAVE THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY. MEMBERSHIP CATEGORIES INCLUDE: CORE MEMBERS: ORGANIZATIONS INVOLVED IN THE BIOTECHNOLOGY, MANUFACTURING, PHARMACEUTICAL RESEARCH & DEVELOPMENT, DRUG DISCOVERY, MEDICAL DEVICE, AGRICULTURE, TECHNOLOGY TRANSFER, EQUIPMENT AND SUPPLY. COST OF MEMBERSHIP IS BASED ON NUMBER OF EMPLOYEES. ASSOCIATE MEMBERS: ORGANIZATIONS PROVIDING CONSULTING AND BUSINESS SERVICES TO THE BIOSCIENCE INDUSTRY. COST OF MEMBERSHIP IS BASED ON NUMBER OF EMPLOYEES. UNIVERSITY MEMBERS: ANY ACADEMIC INSTITUTION THAT WORKS IN SUPPORT OF BIOTECHNOLOGY. NON-PROFIT MEMBERS: ANY GOVERNMENT OR NON-PROFIT ENTITY WITH AN INTEREST IN OR MANDATE TO PROMOTE BIOTECHNOLOGY. INDIVIDUAL MEMBERS: NON-STUDENT MEMBERSHIP IS FOR INDIVIDUALS WITH NO COMPANY AFFILIATION; STUDENT MEMBERSHIP IS FOR INDIVIDUALS CURRENTLY ENROLLED IN COLLEGE OR GRADUATE SCHOOL WITH AN INTEREST IN BIOTECHNOLOGY. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE THE RIGHT TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. AT THE ANNUAL MEETING OF MEMBERS, THE BOARD OF DIRECTORS PRESENT NOMINEES FOR ELECTION AS DIRECTORS EACH TO SERVE AN INDICATED TERM LENGTH. FORM 990, PART VI, SECTION A, LINE 7B SIGNIFICANT GOVERNANCE DECISIONS OF THE ORGANIZATION ARE SUBJECT TO THE APPROVAL BY MEMBERS; INCLUDING BUT NOT LIMITED TO THE APPROVAL OF THE GOVERNING BODY'S ELECTION OR REMOVAL OF MEMBERS OF THE GOVERNING BODY. NO OTHER SIGNIFICANT DECISIONS WERE SUBJECT TO MEMBER APPROVAL DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING OF THE INFORMATION RETURN. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION INCLUDES REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS. THIS PROCESS INCLUDES THE USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT ARE DOCUMENTED. NO OFFICERS, OTHER THAN THE PRESIDENT, ARE COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAY MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.