2026-02-17T06:42:05-06:00 2025-06-30 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2024-07-01 203672921 BUCKS COUNTY BIOTECHNOLOGY CENTER INC BUCK 2154894948 3805 OLD EASTON ROAD DOYLESTOWN PA 18902 LOUIS P KASSA III CEO 2154894948 2026-02-13 1 0 HELEN M MARTIN P01330899 2158818800 2024 2025-03-06 01:10:19Z LOUIS P KASSA III 3805 OLD EASTON ROAD DOYLESTOWN PA 18902 6070453 0 X WWW.PABIOCENTER.ORG X 2004 PA THE PENNSYLVANIA BIOTECHNOLOGY CENTER OF BUCKS COUNTY IS THE RESULT OF A UNIQUE PARTNERSHIP TO CREATE A HISTORIC AND TRANSFORMATIONAL FORCE FROM WHICH DISCOVERIES WILL BE BORN, STUDENTS WILL BE TRAINED, AND NEW COMPANIES WILL BE LAUNCHED. 6 4 0 4 -45617 0 1718969 1099886 4679686 4691638 66598 14495 -1472 -17249 6463781 5788770 0 0 0 0 0 0 0 0 0 5921607 5806909 5921607 5806909 542174 -18139 36005466 34327996 21259863 19600532 14745603 14727464 THE BUCKS COUNTY BIOTECHNOLOGY CENTER, INC. IS A NONPROFIT RESEARCH ORGANIZATION DEDICATED TO THE CREATION OF A WORLD-CLASS BIOTECHNOLOGY CENTER; TO THE PROMOTION OF REGIONAL ECONOMIC DEVELOPMENT AND JOB CREATION; AND TO THE EDUCATION AND TRAINING OF TOMORROW'S RESEARCHERS. 0 0 4770258 4733763 TO FOSTER BIOTECHNOLOGY THROUGH THE CONSTRUCTION, DEVELOPMENT, OWNERSHIP, AND OPERATION OF A BIOTECHNOLOGY RESEARCH CENTER. THE RESEARCH FACILITY CONSISTS OF LABORATORIES, CLASSROOMS AND OFFICE SPACE TO BE USED TO ENCOURAGE AND DEVELOP SCIENTIFIC RESEARCH, INCLUDING COMMERCIALIZATION OF NEW DISCOVERIES AND TECHNOLOGIES. 4770258 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 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 1 0 0 0 1 21 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 6 4 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 PA X PATTI MCALOON 2154894911 3805 OLD EASTON ROAD DOYLESTOWN PA 18902 LOUIS P KASSA III MPA CEO/PRESIDENT 15.00 25.00 X X 0 314899 40371 LOREN DANZIS ESQ CHAIRMAN 0.50 0.50 X X 0 0 0 ELIZABETH SEEBER MBA CPA TREASURER 0.50 1.00 X X 0 0 0 JOEL ROSEN ESQ SECRETARY 0.50 1.00 X X 0 0 0 TIMOTHY BLOCK PHD DIRECTOR 0.50 1.00 X 0 35898 1194 MARK PETTY MPA DIRECTOR 0.50 0.50 X 0 0 0 0 350797 41565 0 0 1 0 WORTH & COMPANY INC 6263 KELLERS CHURCH ROAD PIPERSVILLE PA 18947 HVAC 703649 T SCHIEFFER CONTRACTORS INC 3864 OLD EASTON ROAD DOYLESTOWN PA 18902 PAVING 625859 HUMANITAS CONSULTING 1081 DREW DRIVE YARDLEY PA 19067 ENTREPRENEUR IN RESIDENCE 137499 DDP ROOFING INC 20 CONCHESTER ROAD GLEN MILLS PA 19342 ROOFING 110597 6 13297 278038 799551 9000 1099886 RENTAL INCOME 531190 4566538 4566538 MEETING AND SPONSORSHI 541900 125100 125100 4691638 14495 14495 208909 263870 -54961 -54961 -45617 -9344 13400 13297 17813 -4413 -4413 OTHER INCOME 531390 42125 42125 42125 5788770 4733763 -45617 738 1935978 1344834 591144 31830 31830 27345 27345 49000 49000 40469 25004 15465 4651 4651 230791 105102 125689 31108 15554 15554 22356 22356 1105843 1094635 11208 1268623 1255937 12686 94749 94749 MAINTENANCE AND REPAIRS 512081 506960 5121 UTILITIES 507900 502821 5079 TELECOMMUNICATIONS 88607 87721 886 LAB SUPPLIES 85202 85202 -229624 -253512 23888 5806909 4770258 1036651 0 2132372 753028 149158 290352 44199393 11761295 32334898 32438098 224277 224277 1164761 622241 36005466 34327996 692741 353986 56400 916325 2176 17944429 17689459 1301015 405353 1498511 21259863 19600532 X 14745603 14727464 14745603 14727464 36005466 34327996 -18139 0 X X 0 1 X 1 1 1 X X 1 HEPATITIS B FOUNDATION 232655669 7 1 75000 0 1 75000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 49000 49000 0 PART II-B, LINE 1: THE ORGANIZATION CONTRACTS WITH FIRMS THAT PROVIDES GOVERNMENT RELATIONS SERVICES. THESE SERVICES INCLUDE MONITORING AND REPORTING TO THE ORGANIZATION OF LEGISLATIVE, REGULATORY AND ADMINISTRATIVE MATTERS AFFECTING HEPATITIS AND VIRUS RESEARCH. 1756286 1756286 39618015 10190822 29427193 893498 471875 421623 1664231 831235 832996 267363 267363 0 32438098 SECURITY DEPOSITS 260220 FINANCE LEASE LIABILITIES 112708 LINE OF CREDIT 693500 DUE TO RELATED PARTY 432083 1498511 X 5853036 263870 263870 5589166 199604 199604 5788770 6088592 281683 281683 5806909 0 5806909 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS CLASSIFIED THE CENTER AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"). IN ADDITION, THE CENTER QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) OF THE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE CENTER HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CENTER AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CENTER RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED JUNE 30, 2025 OR 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE OFFSET AGAINST INCOME ON 990 263,870. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST INCOME 14,495. OTHER INCOME 42,125. GOLF OUTING REVENUE NET OF EXPENSES 8,884. CONTRIBUTIONS 9,000. OTHER PROGRAM SERVICE REVENUES 125,100. PART XII, LINE 2D - OTHER ADJUSTMENTS: GOLF OUTING EXPENDITURES OFFSET AGAINST REVENUE ON 990 17,813. RENTAL EXPENSE OFFSET AGAINST INCOME ON 990 263,870. GOLF OUTING 26697 13297 13400 14101 3712 26697 13297 13400 14101 3712 17813 -4413 0 0 0 0 0 0 0 0 0 LOUIS P KASSA III MPA CEO/PRESIDENT 0 314899 0 0 0 0 0 10478 0 29893 0 355270 0 0 PART I, LINE 3 THE COMPENSATION FOR LOUIS KASSA IS ESTABLISHED BY A RELATED ENTITY, THE BARUCH S. BLUMBERG INSTITUTE, VIA A COMPENSATION COMMITTEE, BOARD APPROVAL, AND WRITTEN EMPLOYMENT CONTRACTS. FORM 990, PART VI, SECTION A, LINE 6 THE HEPATITIS B FOUNDATION IS THE SOLE MEMBER OF THE CENTER. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD MEMBERS ARE APPOINTED SOLELY BY THE HEPATITIS B FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE SENIOR FINANCIAL TEAM. THE FORM 990 IS THEN GIVEN TO THE OFFICERS OF THE CORPORATION, WHO REVIEW IT, PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C EVERY BOARD MEMBER COMPLETES AND SIGNS A CONFLICT OF INTEREST DISCLOSURE STATEMENT, WHICH IS REVIEWED ANNUALLY WITH SENIOR MANAGEMENT AND EMPLOYEES, ENSURING COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S TOP MEMBERS OF MANAGEMENT ARE PAID BY THE BARUCH S. BLUMBERG INSTITUTE, NOT THE BUCKS COUNTY BIOTECHNOLOGY CENTER. HOWEVER, THEIR COMPENSATION IS DETERMINED BY BENCHMARKING DATA FOR THE DELAWARE VALLEY REGION. ANNUAL REVIEWS ARE CONDUCTED TO EVALUATE OBJECTIVE PERFORMANCE CRITERIA. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE ON THE GUIDESTAR WEBSITE. NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE ON THE GUIDESTAR WEBSITE. NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PARK XII, LINE 2C: THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. NO CHANGES HAVE BEEN MADE TO THIS PROCESS SINCE THE PRIOR YEAR. BARUCH S BLUMBERG INSTITUTE 3805 OLD EASTON ROAD DOYLESTOWN PA 18902 061671347 RESEARCH PA 501(C)(3) LINE 7 N/A 0 HEPATITIS B FOUNDATION 3805 OLD EASTON ROAD DOYLESTOWN PA 18902 232655669 RESEARCH PA 501(C)(3) LINE 7 N/A 0 0 1 0 0 1 0 0 0 0 1 0 0 1 0 0 1 0 0 0