2025-03-04T07:07:08-08:00 2024-08-31 David Z Wang CPA 5305 Birchhill Rd Mint Hill NC 28227 990 2023-09-01 202246060 CHINESE-AMERICAN BIOPHARMACEUTICAL SOCIETY CHIN 6508926283 268 BUSH STREET 1888 SAN FRANCISCO CA 94104 Jessica Sun President 2025-03-04 true true David Z Wang P00567254 5103885196 X 2023 2025-03-06 01:10:19Z Jessica Sun 268 BUSH STREET 1888 SAN FRANCISCO CA 94104 230254 false X www.cabsweb.org X 2004 CA The Chinese American Biopharmaceutical Society (CABS) is a non-profit organization for professional in the biopharmaceutical industry. CABS is highly influential association with more than 3,000 members and subscribers in the life science industry. About 70% of our members have PhD degree relating to life sciences. A considerable proportion of the members are holding senior research and management positions in American and multi-national life science corporations. We organize many activities to promote international collaborations in life sciences and to provide Science & Technology Parks and life sciences companies in the Pacific Rim with an excellent platform to promote business and to recruit talent. CABS is helping members seeking collaboration opportunities in the Pacific Rim. To further meet the needs of CABS members, we are actively helping our members seeking partnership opportunities in the Pacific Rim:To co-sponsor scientific conference in biopharmaceutical fieldTo organize C 13 13 0 13 81 137200 206719 11637 23454 67 81 0 148904 230254 0 0 0 8680 0 0 141093 244893 149773 244893 -869 -14639 305301 290662 2500 2500 302801 288162 The Chinese American Biopharmaceutical Society (CABS) is a non-profit organization for professional in the biopharmaceutical industry. CABS is highly influential association with more than 3,000 members and subscribers in the life science industry. About 70% of our members have PhD degree relating to life sciences. A considerable proportion of the members are holding senior research and management positions in American and multi-national life science corporations. We organize many activities to promote international collaborations in life sciences and to provide Science & Technology Parks and life sciences companies in the Pacific Rim with an excellent platform to promote business and to recruit talent. CABS is helping members seeking collaboration opportunities in the Pacific Rim. To further meet the needs of CABS members, we are actively helping our members seeking partnership opportunities in the Pacific Rim:To co-sponsor scientific conference in biopharmaceutical fieldTo organize C false false 193678 12576 CABS Annual Conference:Program Revenue: $12,576 Program Expenses: $193,678 24384 10592 Special Social Events:Program Revenue: $10,592 Program Expenses: $24,384 1202 286 Workshop and Symposium:Program Revenue: $286 Program Expenses: $1,202 219264 true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 1 0 true 0 false false false false true true false false 0 false false false false false false false X 13 13 false false false false false false false false false false false false false false false false false false CA X YAO LONG 6506199027 219 PEPPERMINT TREE TERRACE 1 SUNNYVALE CA 94086 X Yan Wang Director 1.00 0.00 X 0 0 0 Alan Hao Director 1.00 0.00 X 0 0 0 Cheni Kwok Director 1.00 0.00 X 0 0 0 Alex Zhang Director 1.00 0.00 X 0 0 0 Jessica Sun President & Dir 7.00 0.00 X X 0 0 0 Yuying Kate You Director 1.00 0.00 X 0 0 0 JINGSHAN HU Director 1.00 0.00 X 0 0 0 Carrie Wang Director 1.00 0.00 X 0 0 0 Wei Dong Director 1.00 0.00 X 0 0 0 JANET XIAO Director 1.00 0.00 X 0 0 0 WENTAO ZHANG Director 1.00 0.00 X 0 0 0 ZHONGHUA PEI Director 1.00 0.00 X 0 0 0 Kay Tong President Elect 2.00 0.00 X 0 0 0 0 false false false 0 206719 206719 Annual Conference 12576 12576 Special Social Events 10592 10592 Workshop and Symposium 286 286 23454 0 81 81 0 0 0 0 0 0 0 230254 23454 81 X 0 0 0 0 0 0 0 0 0 0 0 0 7826 7826 0 0 0 0 0 0 5176 5176 0 0 0 0 0 0 0 0 0 Annual Conference Room 97511 97511 Annual Conference Meal and Oth 72550 72550 Social Events 24384 24384 Annual Conference Supplies 8492 8492 28954 16327 12627 244893 219264 25629 0 259841 267462 0 0 45460 23200 0 0 0 0 0 0 0 0 0 0 0 305301 290662 2500 2500 2500 2500 X 302801 288162 302801 288162 305301 290662 -14639 X false false false X 80920 19080 92810 137200 206719 536729 2970 2000 11637 23454 40061 0 0 0 83890 21080 92810 148837 230173 576790 0 0 576790 0 0 0 0 83890 21080 92810 148837 230173 576790 1.00000 1.00000 0.00000 X Form 990, Part VI, Section B, Line 11b No review was or will be conducted. Form 990, Part VI, Section C, Line 19 No documents available to the public. Form 990, Part IX, Line 24e Annual Conference Printing: Column (A) - Total = $6125; Column (B) - Program Services = $6125; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Annual Conference Viedo & Phot: Column (A) - Total = $3700; Column (B) - Program Services = $3700; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Annual Conference Web Design: Column (A) - Total = $5300; Column (B) - Program Services = $5300; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Bank Service Fee: Column (A) - Total = $4258; Column (B) - Program Services = $0; Column (C) - Management & General = $4258; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Due and Subscription: Column (A) - Total = $6877; Column (B) - Program Services = $0; Column (C) - Management & General = $6877; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Office Expense & Supplies: Column (A) - Total = $1388; Column (B) - Program Services = $0; Column (C) - Management & General = $1388; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Other Operating Expenses: Column (A) - Total = $104; Column (B) - Program Services = $0; Column (C) - Management & General = $104; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Workshop and Symposium Expense: Column (A) - Total = $1202; Column (B) - Program Services = $1202; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990-EZ, Part III - Line 28 Program Service Accomplishments Program Services:BioPacific Conference 2023, (CABS 24th Annual Conference)Registration Revenue: $12,576; Program Expenses: $193,678Annual BioPacific Conference, a scientific and professional conference, is the major program for the Organization to accomplish its missions to provide general education to the biotechnology and pharmaceutical industries, to promote interactions among biotechnology and academic professionals and to promote international collaborations.Its 24th annual conference was hosted on October 28, 2023 at South San Francisco Convention Center located at 255 S Airport Blvd., South San Francisco, CA 94080. The conference was hold in 2023 which is the 25th anniversary of the Organization. To celebrate the Organization's accomplishments, the conference was named as Collaboration, Acceleration, Breakthrough, & Success - 25th Years of CABS. The 24th annual conference not only showcased the success stories and best practices for innovation and improving the resilience of the biopharmaceutical industry but also addressed the critical questions for the industry's development under current AI development waves. The conference attracted hundred attendees globally from the life science and biopharmaceutical industries. The conference featured two keynote speeches, many podium presentations, and panel discussions with major topics highlighted below: Winner of the 2023 CABS K Fong Award in Life Sciences, Dr. Corey Goodman. Keynote address "Multi-specific Medicines for the Future" by Dr. Raymond Deshaies Keynote address "De Novo Protein Design of Functional Proteins" by Dr William DeGrado Discussions leading by experts about cutting-edge technologies such as gene editing, oral peptide, and innovative platform of cell therapy in drug discovery and development. Investment strategies in biopharmaceutical industry in a challenging and uncertain time. Role of artificial intelligence in drug discovery and development. Career advice from past CABS presidents, all leaders and veterans of the industry Uncover potential solutions and opportunities by networking with tens of speakers/panelists, business partners, and hundred of attendees.Total expenses reported for the 2023 BioPacific Conference cover certain expenses for the 2024 BioPacific Conference held on September 8, 2024, immediately after the current fiscal year ended on August 31, 2024. Out of $193,678 expense reported on this tax returns, approximately $83,000 was paid for 2024 BioPacific Conference brfore September 1, 2024. As the cash-based taxpayer, the Organization reported all of its expenses related to 2023 and 2024 BioPacific Conference on this return. Form 990-EZ, Part III - Line 29 Program Service Accomplishments Workshop and Symposium:Program Revenue: $286 Program Expenses: $1,202The organization's another major program service is to organize and host the workshops and symposiums for the life science with scientists, professionals and public as well. For the fiscal year ended 08/31/2024, as the examples, the major workshops and symposiums the organization organized are the following:-Seminar: Recap of "Accelerating Drug Discover and Disease Treatment Through Innovative Gene Editing Technologies" (10/13/2023)-CABS 2023 BioPacific Conference RECAP and Highlight (10/28/2023)-2024 CABS Investor Forum recap (01/10/2024)-Road Map for Transnational Planning Seminar Invitation (01/10/2024)-Recap of CABS Finance Workshop 2024 (01/23/2024)-Recap of CABS 2024 Career Advisory Network Program Kickoff Meeting (04/13/2024)-Recap of CABS 2024 Entrepreneurship Club (E-Club)Demo Day (04/24/2024)-Drug Development Workshop Recap (04/27/2024)-Business Development in Life Sciences Part I - Strategy, Search & Evaluation (06/15/2024)-Work-Life Balance Workshop (06/22/2024)-Business Development in Life Sciences Part 2-Valuation, Transaction and Alliance Management (07/27/24)More than several hundreds people including scientists in the life science, professionals in various trainings, businesses in bio/pharmaceutical industries as well as public attended these workshops and symposiums. Form 990-EZ, Part III - Line 30 Program Service Accomplishments Special Social Events:Program Revenue: $10,592 Program Expenses: $24,384The organization is also organized special social events as the bridge to connect with professionals and industries crossed the country and world as well as the communities as the general public.In the fiscal year ended 08/31/2024, the organization hosted many events to introduce biopharmaceutical companies, science parks and venture capital firms from the Pacific Rim to our members. These events were focused on career opportunities and entrepreneurship for its members as well as general public.The organization was also organized its BioPacific Toastmasters Club open houses for the CABS members with their families and friends. This social event promoted the networking between the professionals in the life science as well as increased the interactions with the public for the awareness of the development of life science. Couple of hundred people were benefited from this particular event.The major social events organized in this fiscal year by the organization were the follows:-CABS 2023 BioPacific Conference RECAP and Highlight (10/28/2023)-2024 CABS Investor Forum recap (01/10/2024)-Recap of the CABS 2024 Chinese New Year Gala (02/04/2024)-Recap of CABS 2024 Career Advisory Network Program Kickoff Meeting (04/13/2024)-Recap of CABS 2024 Entrepreneurship Club (E-Club)Demo Day (04/24/2024)-CABS 2024 Summer BBQ (07/28/2024) Form 990-EZ, Part III - Organization's Primary Exempt Purpose The mission of CABS is to educate the public and promote public awareness of progress and development in the pharmaceutical and biotechnological industry, and to promote professional interaction in the fields of life science with the public.The mission of CABS is also serving life science professionals through promoting interaction and collaboration locally and globally. CABS has organized many activities to promote international collaborations in life sciences and to provide Science & Technology Parks and life science companies in the Pacific Rim with an excellent platform to promote business and to recruit talent.