2024-11-12T08:23:04+00:00 2023-12-31 440160260 Forvis Mazars LLP 1248 O Street Ste 1040 Lincoln NE 685081461 990 2023-01-01 391885797 Iowa Biotechnology Association IOWA 5153279156 500 E COURT AVE 112 DES MOINES IA 50309 EXECUTIVE DIRECTOR JESSICA HYLAND 5153279156 2024-11-12 true Kristin Tynon P01063388 4024737600 2024-11-12 2023 2024-10-15 13:58:12Z JESSICA HYLAND 500 E COURT AVE 112 DES MOINES IA 50309 508356 false X WWW.IOWABIO.ORG X 1994 IA TO ADVANCE THE DEVELOPMENT AND APPLICATION OF VALUE-ADDED TECHNOLOGIES IN THE LIFE SCIENCES. 15 15 2 21 0 0 25620 17000 194260 209828 22688 36812 274946 244716 517514 508356 4500 13870 0 228568 179620 0 0 198204 286528 431272 480018 86242 28338 1251436 1394769 80765 149034 1170671 1245735 IOWA BIOTECHNOLOGY ASSOCIATION IS A NONPROFIT REGIONAL TRADE ASSOCIATION THAT SEEKS TO ADVANCE OPPORTUNITIES IN IOWA FOR THE IMPROVEMENT OF THE HUMAN ENVIRONMENTAL AND ECONOMIC WELLBEING THROUGH THE DEVELOPMENT AND APPLICATION OF VALUE-ADDED TECHNOLOGIES IN THE LIFE SCIENCES. false false ANNUAL CONFERENCE EVENT SPONSORSHIPS STEM SCHOLARSHIPS AND OTHER STEM SUPPORT 0 false true false true false false false false false true false false false true false true false false false false false false false false false false false true true false false false false false false false false false false false false false false true 0 0 2 true false false false false false false false false X 15 15 false false false false true true true true true false false true true true true true false false false false X JESSICA HYLAND 5153279156 500 E COURT AVE STE 112 DES MOINES IA 50309 ANDERS THOMSEN DIRECTOR/CHAIR 2.0 X X 0 0 0 DR MARTIN GROSS DIRECTOR/VICE CHAIR 1.0 X X 0 0 0 EMILY FUERST DIRECTOR/SECRETARY 1.0 X X 0 0 0 JOHN EUBANK DIRECTOR/TREASURER 2.0 X X 0 0 0 NATE GREEN DIRECTOR/IMMEDIATE PAST CHAIR 1.0 X X 0 0 0 CAROLINE BELMONT DIRECTOR 1.0 X 0 0 0 CODY KENKEL DIRECTOR 1.0 X 0 0 0 IRMA FISHER DIRECTOR 1.0 X 0 0 0 JOE HRDLICKA DIRECTOR 1.0 X 0 0 0 JOEL HARRIS DIRECTOR 1.0 X 0 0 0 JOSH JOHNSON DIRECTOR 1.0 X 0 0 0 NATHAN BREWER DIRECTOR 1.0 X 0 0 0 NOLAN MENTE DIRECTOR 1.0 X 0 0 0 RACHEL BINNING DIRECTOR 1.0 X 0 0 0 TOM SWEGLE DIRECTOR 1.0 X 0 0 0 JESSICA HYLAND EXECUTIVE DIRECTOR 40.0 X 150840 0 11351 150840 0 11351 1 false true false 0 17000 17000 SPONSORSHIPS 900099 62600 62600 REGISTRATION FEES 561920 4600 4600 WORKSHOPS & SEMINARS 900099 16126 16126 MEMBERSHIP DUES 813920 126502 126502 0 0 0 0 209828 35129 35129 230716 230716 0 0 1683 1683 0 1683 1683 Other Income 14000 14000 0 0 0 0 14000 508356 209828 0 281528 X 870 13000 162191 2913 2763 11753 10754 21816 22917 4037 73313 1710 18369 22012 7754 13393 3423 1461 EVENTS AND SPONSORSHIPS 80997 DUES AND SUBSCRIPTIONS 3857 EXCISE TAXES 715 0 480018 527167 144379 116691 61989 0 0 0 0 5724 1462 26589 18715 11298 7874 566011 1072359 0 24545 45376 0 61330 1251436 1394769 10426 25610 70339 61870 0 0 0 61554 80765 149034 X 1170671 1200359 45376 1170671 1245735 1251436 1394769 28338 39919 6807 0 X false true X false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false true 126502 22917 25000 47917 31625 16292 0 26589 18715 7874 7874 Operating Lease Liability 61554 61554 544238 39919 0 39919 504319 4037 0 4037 508356 475981 0 0 475981 4037 0 4037 480018 Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true SCHOLARSHIP - IOWA STATE 1 2000 0 SCHOLARSHIP - IOWA STATE 1 2000 0 SCHOLARSHIP - IOWA STATE 1 6000 0 SCHOLARSHIP - UNIVERSITY OF PENNSYLVANIA 1 1000 0 SCHOLARSHIP - UNIVERSITY OF IOWA 1 2000 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. ORGANIZATION VERIFIES STUDENT QUALIFICATIONS AND CONTINUING ELIGIBILITY OF RECIPIENTS BEFORE RELEASING SCHOLARSHIP PAYMENTS, AND CHECKS ARE ISSUED DIRECTLY TO THE STUDENT'S UNIVERSITY FOR THE BENEFIT OF THE STUDENT, ONCE THEIR STUDENT ID IS PROVIDED TO CONFIRM ENROLLMENT. X false false false JESSICA HYLAND EXECUTIVE DIRECTOR 138840 0 12000 0 0 0 6268 0 5083 0 162191 0 0 0 Form 990, Part VI, Line 6 Classes of members or stockholders DESCRIPTION OF MEMBERS: IOWA BIOTECHNOLOGY ASSOCIATION HAS THREE CLASSES OF MEMBERS: CORE MEMBERS, SUPPORT MEMBERS AND INSTITUTIONAL MEMBERS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body DESCRIPTION OF RIGHTS OF MEMBERS: CORE MEMBERS VOTE ON THE ELECTION OF THE BOARD OF DIRECTORS AND OTHER MATTERS SUBMITTED TO A VOTE OF THE MEMBERS. ALL MEMBERS PARTICIPATE IN ACTIVITIES AND MEETINGS. EX-OFFICIO MEMBERS INCLUDING INSTITUTIONAL MEMBERS AND SUPPORT MEMBERS DO NOT VOTE. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders DESCRIPTION OF RIGHTS OF MEMBERS: CORE MEMBERS VOTE ON THE ELECTION OF THE BOARD OF DIRECTORS AND OTHER MATTERS SUBMITTED TO A VOTE OF THE MEMBERS. ALL MEMBERS PARTICIPATE IN ACTIVITIES AND MEETINGS. EX-OFFICIO MEMBERS INCLUDING INSTITUTIONAL MEMBERS AND SUPPORT MEMBERS DO NOT VOTE. Form 990, Part VI, Line 11b Review of form 990 by governing body AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR. ANY QUESTIONS AND CONCERNS THE ORGANIZATION'S EXECUTIVE DIRECTOR HAS ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. THE FINAL FORM 990 WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO ALL VOTING MEMBERS OF THE BOARD PRIOR TO FILING THE 990. Form 990, Part VI, Line 12c Conflict of interest policy BOARD MEMBERS EACH READ AND SIGN A CONFLICT OF INTEREST STATEMENT UPON JOINING THE BOARD. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, THAT MEMBER SHALL RECUSE HIM OR HERSELF FROM DISCUSSION AND ACTION ON ALL ISSUES RELEVANT TO THE ACTUAL OR POTENTIAL CONFLICT. ALTERNATIVELY, AN INDIVIDUAL MAY DISCLOSE A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST AND AFFIRMATIVELY RECUSE THEMSELVES FROM ANY VOTE ON THAT ISSUE. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees CONSULTING FEES - Total Expense: 73313, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; FORM 990, PART III, LINE 1 IOWA BIOTECHNOLOGY ASSOCIATION IS A NONPROFIT REGIONAL TRADE ASSOCIATION THAT SEEKS TO ADVANCE OPPORTUNITIES IN IOWA FOR THE IMPROVEMENT OF THE HUMAN ENVIRONMENTAL AND ECONOMIC WELLBEING THROUGH THE DEVELOPMENT AND APPLICATION OF VALUE-ADDED TECHNOLOGIES IN THE LIFE SCIENCES. FORM 990, PART VI, SECTION A, LINE 6 DESCRIPTION OF MEMBERS: IOWA BIOTECHNOLOGY ASSOCIATION HAS THREE CLASSES OF MEMBERS: CORE MEMBERS, SUPPORT MEMBERS AND INSTITUTIONAL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A & 7B DESCRIPTION OF RIGHTS OF MEMBERS: CORE MEMBERS VOTE ON THE ELECTION OF THE BOARD OF DIRECTORS AND OTHER MATTERS SUBMITTED TO A VOTE OF THE MEMBERS. ALL MEMBERS PARTICIPATE IN ACTIVITIES AND MEETINGS. EX-OFFICIO MEMBERS INCLUDING INSTITUTIONAL MEMBERS AND SUPPORT MEMBERS DO NOT VOTE. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR. ANY QUESTIONS AND CONCERNS THE ORGANIZATION'S EXECUTIVE DIRECTOR HAS ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. THE FINAL FORM 990 WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO ALL VOTING MEMBERS OF THE BOARD PRIOR TO FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS EACH READ AND SIGN A CONFLICT OF INTEREST STATEMENT UPON JOINING THE BOARD. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, THAT MEMBER SHALL RECUSE HIM OR HERSELF FROM DISCUSSION AND ACTION ON ALL ISSUES RELEVANT TO THE ACTUAL OR POTENTIAL CONFLICT. ALTERNATIVELY, AN INDIVIDUAL MAY DISCLOSE A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST AND AFFIRMATIVELY RECUSE THEMSELVES FROM ANY VOTE ON THAT ISSUE. FORM 990, PART VI, SECTION C, LINE 15A COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE AND THE BOARD THEN APPROVES THE SALARIES AS PART OF THE BUDGET APPROVAL FOR THE NEXT YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.