2025-11-14T08:54:38-06:00 2024-12-31 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2024-01-01 813327581 Advanced Regenerative Manufacturing Institute Inc ADVA 6036663905 400 Commercial St Manchester NH 03101 Jennifer MacDonald Chief Operating Officer 6036663905 2025-11-13 1 1 Joseph R Byrne P01289281 2077752387 2025-11-13 2024 2025-03-06 01:10:19Z Maureen Toohey 400 Commercial St Manchester NH 03101 41521294 0 X https://www.armiusa.org/ X 2016 NH ARMI's mission is to support, develop, advance and promote the United States bioeconomy. 7 6 101 175 0 0 24486867 40029468 2229394 1373869 102808 117957 0 0 26819069 41521294 11333391 18273920 0 0 7026216 10185296 0 0 0 7950167 10456956 26309774 38916172 509295 2605122 29045430 37903038 11371178 17623664 17674252 20279374 X ARMI's mission is to support, develop, advance and promote the United States bioeconomy. 0 0 ARMI and its BioFabUSA Institute accomplishes its mission through key activities, such as the following:- Collaborates with community, local, State, and Federal stakeholders to advance the U.S bioeconomy and fuel economic growth, including by creating pathways and jobs in the biofabrication industry. - Provides wrap-around commercialization services for tissue engineering and enabling technology companies. These efforts de-risk and accelerate translation of impactful technologies to market.See page 47 Schedule O for continuation. - Funds technical projects that address many of the common manufacturing challenges faced by companies in the field of tissue engineering. This will allow tissue engineering and enabling technology companies to focus their time and resources on product-specific challenges, moving the entire industry forward more quickly and efficiently. - Funds education and workforce development (EWD) projects that address the industry need for trained employees with a broad base of biomanufacturing skills and specific expertise. This pressing need can otherwise constrain the growth of tissue engineering and enabling technology companies. - In coordination with organizations in the field of regenerative manufacturing, develops roadmaps of technical and EWD needs for the field. These roadmaps guide the work of organizations in the field of regenerative manufacturing and guide the selection of projects. - Hosts, sponsors, and participates in conferences and workshops that convene organizations that support regenerative manufacturing. These events allow for shared learning related to technical, regulatory, workforce, and financial challenges and solutions. - Shares information about best practices and innovations in the field via various fora and online resources.NextFab accomplishes its mission through key activities, such as the following: - Develop commercial advisory and consulting programs designed to accelerate adoption of advanced technologies. - Provide shared facilities to accelerate advanced technologies. - Performs projects of interest to U.S. Department of Health and Human Services. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 1 1 0 0 1 1 0 0 0 0 1 1 0 0 1 41 0 1 101 1 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Thomas Deyak CPA 6036663905 400 Commercial St Manchester NH 03101 X Dean Kamen Executive Director 5.00 0.00 X X 0 0 0 Martine Rothblatt Board Member 1.00 0.00 X 0 0 0 John Abele Board Member 1.00 0.00 X 0 0 0 Jim Weinstein Board Member 1.00 0.00 X 0 0 0 Blake Moret Board Member 1.00 0.00 X 0 0 0 Elisabeth Reynolds Board Member 1.00 0.00 X 0 0 0 Winston Oluwole Soboyejo Board Member 1.00 0.00 X 0 0 0 Brendan Duffy Treasurer 1.00 0.00 X 0 0 0 Maureen Toohey Deputy Executive Director 15.00 0.00 X 0 0 0 James Scott Chief Administrative Officer 8.00 0.00 X 0 0 0 Jennifer MacDonald Chief Operating Officer 40.00 0.00 X 241212 0 44358 Thomas Deyak Chief Finance Officer 40.00 0.00 X 179066 0 40870 Richard McFarland Chief Regulatory Officer 40.00 0.00 X 219125 0 26431 Julie Lenzer Chief Innovation Officer 40.00 0.00 X 204908 0 24984 Daniel Behr Lead Executive in Residence, HTH 40.00 0.00 X 199119 0 25573 Edward Gordon Chief Commercialization Officer 40.00 0.00 X 193103 0 37806 1236533 0 200022 32 0 1 0 Curtis Sprouse 27 Market St Box 569 Ipswich MA 01938 Contractor - HHS Programs 175380 Stefany Shaheen 77 South Street Portsmouth NH 03801 Contractor 153489 Alexis Kopikis 7 Brichwood Rd Needham MA 02492 Contractor - HHS Programs 145595 Eric Eskey 2323 E Mallory Circle Mesa AZ 85213 Contractor - HHS Programs 145090 Nexight Group LLC 1100 Wayne Avenue Suite 1100 Silver Spring MD 20910 Contractor - HHS Programs 130623 6 38802037 1227431 532142 40029468 Membership Dues 541700 817458 817458 Other Program Revenue 541700 556411 556411 1373869 117957 117957 41521294 1373869 0 117957 17522073 751847 285570 8308609 195383 757415 638319 14743 46000 2946715 18726 251689 976027 1110109 275189 739944 20 2378338 42064 Lab Materials and Suppl 1657392 38916172 140238 232599 8126955 5039364 6802994 19368953 597427 600246 18958810 7980698 10926085 10978112 76975 21790 2374756 1661974 29045430 37903038 5334402 13923258 2204573 1010560 1457447 1043447 2374756 1646399 11371178 17623664 X 17674252 20279374 17674252 20279374 29045430 37903038 2605122 0 X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 6614322 834975 5779347 12344488 7145723 5198765 10978112 Lease Obligations 1646399 1646399 X Part X, Line 2: ARMI, Inc. is a not-for-profit corporation, as described under Section 501(c)(6) of the Internal Revenue Code, exempt from federal and state income taxes on income related to the fulfillment of ARMI, Inc.'s mission. Accordingly, no income tax expense for ARMI, Inc. has been reported in these financial statements. 1 Israel 0 0 Grant NextFab Bilateral Health Tech Hub Program (HHS-Directed) 652372 Netherlands 0 0 Grant Technology Investment Agreement (DoD Directed) 99475 0 0 0 0 0 0 751847 0 751847 Israel NextFab Bilateral Health Tech Hub Program (HHS-Directed) 652372 Wire Transfer 0 Netherlands Technology Investment Agreement (DoD Directed) 99475 Wire Transfer 0 0 2 0 0 0 0 0 0 Part I, Line 2: ARMI's monitoring level is dependent on a risk assessment, which is completed on all subawards. Based on this assessment, ARMI performed procedures that included, but were not limited to, the following: o development of a written Statement of Work o periodic conference calls to review progress related to the Statement of Work o review of all deliverables prior to approval of invoices 1 Advanced Solutions Life Sciences 1901 Nelson Miller Pkwy Louisville KY 40223 462396901 27674 0 See Part IV Applied Biosensors 2500 S State St D224 Salt Lake City UT 84115 462551284 130904 0 See Part IV Arizona State University PO Box 876011 Tempe AZ 852876011 943360412 501(c)(3) 151108 0 See Part IV Auburn University 208 M White Smith Hall Auburn AL 368495110 636000724 501(c)(3) 47707 0 See Part IV Axogen Corp 13631 Progress Blvd Suite 400 Alachua FL 32615 474139191 131376 0 See Part IV BETA Technologies Inc 1150 Airport Dr South Burlington VT 05403 831276474 13047812 0 See Part IV Boston University PO Box 28763 New York NY 100878763 042103547 501(c)(3) 213111 0 See Part IV Cell X 12 Gill St Ste 4000 4th Floor Woburn MA 01801 822405500 92049 0 See Part IV Dartmouth College 11 Rope Ferry Rd 6210 Hanover NH 037551404 020222111 501(c)(3) 137379 0 See Part IV DEKA Integrated Solutions Corp 340 Commercial St Manchester NH 03101 205085384 56745 0 See Part IV DEKA Integrated Solutions Corp 340 Commercial St Manchester NH 03101 205085384 1088937 0 See Part IV DEKA Integrated Solutions Corp 340 Commercial St Manchester NH 03101 205085384 27806 0 See Part IV Epibone 95 Greene Street 3rd Floor Jersey City NJ 07302 800952869 30616 0 See Part IV Georgia Tech Research Corp PO Box 100117 Atlanta GA 30384 586002023 501(c)(3) 170659 0 See Part IV Get Tech Smart LLC 1 Scenic Lane Hudson NH 03051 880660314 35740 0 See Part IV Massachusetts General Hospital 55 Fruit St Boston MA 02114 042697983 501(c)(3) 569674 0 See Part IV MxD USA 1415 North Cherry Ave Chicago IL 60642 800926174 501(c)(3) 697991 0 See Part IV Regenerative Patch Technologies 150 Gabarda Way Portola Valley CA 940287445 900998159 61065 0 See Part IV SNHU 2500 North River Road Manchester NH 03106 020274509 501(c)(3) 27268 0 See Part IV Standards Coordinating Body 100 Bureau Drive MS 8543 Bldg 224 Rm A105 Gaithersburg MD 20899 020845002 501(c)(3) 30325 0 See Part IV Sudhin Biopharma Co 685 E Heartstrong Street Superior CO 80027 464990723 125934 0 See Part IV Texas A&M Engineering Experiment Station 400 Harvey Mitchell Pkwy Ste 300 College Station TX 778454375 741974733 501(c)(3) 5732 0 See Part IV Tufts College 80 George St Medford MA 02155 042103634 501(c)(3) 41990 0 See Part IV UMASS-Lowell 220 Pawtucket Street Suite M30 Lowell MA 018545110 043167352 501(c)(3) 19842 0 See Part IV University of California Davis PO Box 741816 Los Angeles CA 900741816 946036494 501(c)(3) 206863 0 See Part IV University of New Hampshire 51 College Road Room 109 Durham NH 038243585 026000937 501(c)(3) 341318 0 See Part IV 14 10 Part I, Line 2: ARMI's monitoring level is dependent on a risk assessment, which is completed on all subawards. Based on this assessment, ARMI performed procedures that included, but were not limited to, the following: o development of a written Statement of Work o periodic conference calls to review progress related to the Statement of Work o review of all deliverables prior to approval of invoices Form 990, Schedule I, Part II, Purpose of Grant or Assistance 1. Advanced Solutions Life Sciences - Name of Organization or Government: Advanced Solutions Life Sciences - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 2. Applied Biosensors - Name of Organization or Government: Applied Biosensors - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 3. Arizona State University - Name of Organization or Government: Arizona State University - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 4. Auburn University - Name of Organization or Government: Auburn University - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a grant awarded by a private foundation 5. Axogen Corp. - Name of Organization or Government: Axogen Corp. - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 6. BETA Technologies, Inc. - Name of Organization or Government: Beta Technologies, Inc. - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a grant with the U.S. Dept. of Health and Human Services (HHS). Acts as a project management resource and contracting vehicle for projects determined by HHS, including projects involving Congressionally-directed funding 7. Boston University - Name of Organization or Government: Boston University - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 8. Cell X - Name of Organization or Government: Cell X - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 9. Dartmouth College - Name of Organization or Government: Dartmouth College - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 10. DEKA Integrated Solutions Corp - Name of Organization or Government: DEKA Integrated Solutions Corp - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 11. DEKA Integrated Solutions Corp - Name of Organization or Government: DEKA Integrated Solutions Corp - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a DoD-directed competitive process open to all Members. Project directly selected by DoD. 12. DEKA Integrated Solutions Corp - Name of Organization or Government: DEKA Integrated Solutions Corp - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a grant with the U.S. Food and Drug Administration (FDA). Project directly selected by FDA. 13. Epibone - Name of Organization or Government: Epibone - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 14. Georgia Tech Research Corp - Name of Organization or Government: Georgia Tech Research Corp - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 15. Get Tech Smart, LLC - Name of Organization or Government: Get Tech Smart, LLC - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a grant with the U.S. Economic Development Agency (EDA). Project directly selected by EDA. 16. Massachusetts General Hospital - Name of Organization or Government: Massachusetts General Hospital - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a grant for the NextFab US-Israel Bilateral HealthTech Hub Program (HHS-Directed). 17. MxD USA - Name of Organization or Government: MxD USA - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a DoD-directed CARES Act program. Project directly selected by DoD. 18. Regenerative Patch Technologies - Name of Organization or Government: Regenerative Patch Technologies - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 19. SNHU - Name of Organization or Government: SNHU - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a U.S. Air Force funded grant. Project directly selected by DoD. 20. Standards Coordinating Body - Name of Organization or Government: Standards Coordinating Body - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 21. Sudhin Biopharma Co. - Name of Organization or Government: Sudhin Biopharma Co. - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 22. Texas A&M Engineering Experiment Station - Name of Organization or Government: Texas A&M Engineering Experiment Station - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 23. Tufts College - Name of Organization or Government: Tufts College - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a DoD-directed competitive process open to all Members. Project directly selected by DoD 24. UMASS-Lowell - Name of Organization or Government: UMASS-Lowell - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a U.S. Air Force funded grant. Project directly selected by DoD. 25. University of California, Davis - Name of Organization or Government: University of California, Davis - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 26. University of New Hampshire - Name of Organization or Government: University of New Hampshire - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a grant with the U.S. Economic Development Agency (EDA). Project directly selected by EDA. 0 0 0 Jennifer MacDonald Chief Operating Officer 241212 0 0 0 0 0 10020 0 34338 0 285570 0 0 0 Richard McFarland Chief Regulatory Officer 194125 0 25000 0 0 0 9004 0 17427 0 245556 0 0 0 Edward Gordon Chief Commercialization Officer 193103 0 0 0 0 0 8009 0 29797 0 230909 0 0 0 Julie Lenzer Chief Innovation Officer 194908 0 10000 0 0 0 8407 0 16577 0 229892 0 0 0 Daniel Behr Lead Executive in Residence, HTH 199119 0 0 0 0 0 0 0 25573 0 224692 0 0 0 Thomas Deyak Chief Finance Officer 179066 0 0 0 0 0 7568 0 33302 0 219936 0 0 0 See Part V Part V Part V X 1457447 1043447 0 0 1 1043447 See Part V See Part V 1088937 Subaward See Part V See Part V See Part V 56745 Subaward See Part V See Part V See Part V 27806 Subaward See Part V 1890 Associates LLC See Part V 126741 See Part V 0 1881 Associates LLC See Part V 197676 See Part V 0 Five Forty N Assoc LLC See Part V 400310 See Part V 0 150 Dow Associates LLC See Part V 83400 See Part V 0 Sch L, Part II, Loans to and/or From Interested Persons: (a) Name of Person: Five-Forty North Associates, LLC(b) Relationship with Organization:Owned more than 35% by Executive Director, Dean Kamen(c) Purpose of Loan: As part of the lease agreement, Five Forty North Associates provided a non-interest bearing loan to ARMI to complete fit-up of the Institute's core facility due to cost escalation relating to supply chain challenges. Sch L, Part III, Grants or Assistance Benefiting Interested Persons: (a) Name of Person: DEKA Integrated Solutions Corp(b) Relationship Between Interested Person and Organization: Owned more than 35% by Executive Director, Dean Kamen(c) Amount of Grant: $1,088,937(d) Type of Assistance: Subaward(e) Purpose of Assistance: Subaward pursuant to a DoD-directed competitive process open to all Members. Project directly selected by DoD.(a) Name of Person: DEKA Integrated Solutions Corp(b) Relationship Between Interest Person and Organization: Owned more than 35% by Executive Director, Dean Kamen(c) Amount of Grant: $56,745(d) Type of Assistance: Subaward(e) Purpose of Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority(a) Name of Person: DEKA Integrated Solutions Corp(b) Relationship Between Interest Person and Organization: Owned more than 35% by Executive Director, Dean Kamen(c) Amount of Grant: $27,806(d) Type of Assistance: Subaward(e) Purpose of Assistance: Subaward issued pursuant to a grant with the U.S. Food and Drug Administration (FDA). Project directed selected by FDA. Sch L, Part IV, Business Transactions Involving Interested Persons: (a) Name of Person: 1890 Associates, LLC(b) Relationship Between Interested Person and Organization:Owned more than 35% by Executive Director, Dean Kamen(d) Rent Paid. ARMI follows a process to ensure rent paid is at or below market rate. (a) Name of Person: 1881 Associates, LLC(b) Relationship Between Interested Person and Organization:Owned more than 35% by Executive Director, Dean Kamen(d) Rent Paid. ARMI follows a process to ensure rent paid is at or below market rate. (a) Name of Person: Five-Forty North Associates, LLC(b) Relationship Between Interested Person and Organization:Owned more than 35% by Executive Director, Dean Kamen(d) Rent Paid. ARMI follows a process to ensure rent paid is at or below market rate. (a) Name of Person: 150 Dow Associates, LLC(b) Relationship Between Interested Person and Organization:Owned more than 35% by Executive Director, Dean Kamen(d) Rent Paid,. ARMI follows a process to ensure rent paid is at or below market rate. X Equipment 8 532142 FMV 0 0 1 0 Form 990, Part VI, Section A, line 2 James Scott and Brendan Duffy are employees of DEKA, a company owned by Dean Kamen. Maureen Toohey is a member of the Toohey Law Group. The Executive Director Dean Kamen, board member Martine Rothblatt, and board member John Abele are directors at Beta Technologies. The Executive Director Dean Kamen and Deputy Executive Director Maureen Toohey are directors at Sequel Med Tech. The Executive Director Dean Kamen and board member Martine Rothblatt are board members of FIRST. Form 990, Part VI, Section A, line 6 ARMI is a membership based organization consisting of organizations with interests and/or experience with regenerative medicine and manufacturing in the United States. Form 990, Part VI, Section B, line 11b Key members of management review and comment on the 990 and it is distributed to all board members prior to filing with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c The conflict of interest policy is included on ARMI's internal server, and is posted online on its member portal. Any new employees or officers are provided a copy of this when joining ARMI. Any conflicts are to be reported to the Executive Director or ARMI legal counsel. Form 990, Part VI, Section C, line 19 Upon Request Form 990, Part VII, Section A: As part of its startup activities, per its proposal to the government, the Organization (ARMI) does not pay compensation to some of its officers. Instead, these officers are compensated by member organization DEKA, an unrelated third party, through a government cost share agreement between ARMI and DEKA. DEKA does not treat these compensation payments as a charitable contribution to ARMI; therefore, the compensation is not required to be shown on Part VII, Section A, Line 1a. ARMI Research Collaborative Inc 400 Commerical Street Manchester NH 03101 933222788 See Part VII NH 501(c)(3) Line 7 Advanced Regenerative Manufacturing Institute Inc 1 ARMI Bioindustries Corp 500 Commercial Street Manchester NH 03101 850883563 Biotech Manufacturing and Development Services NH Advanced Regenerative Manufacturing Institute Inc C -7332 221906 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 Form 990, Schedule R, Part II: (b) Primary activity: Non-profit foundation whose mission is to advance regenerative medicine and enabling technologies.