Nonprofit · EIN 20-8877231
OREGON TRANSLATIONAL RESEARCH ANDDRUG DEVELOPMENT INSTITUTE
Tax-exempt · PORTLAND, OR 97239
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,482,428 | $2,235,580 | $246,848 | $15,791,727 | $11,201,631 | $4,590,096 |
| December 31, 2023 | 990 | $1,827,560 | $2,038,542 | -$210,982 | $16,165,340 | $11,822,092 | $4,343,248 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,603,123
- of which government grants
- $1,570,910
- Program service revenue
- $758,673
- Investment income
- $120,632
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $185,789
- Other salaries and wages
- $300,302
- Salaries, compensation and benefits (total)
- $684,190
- Professional fundraising fees
- $0
- Legal fees
- $1,160
- Accounting fees
- $79,845
- Occupancy
- $1,138,797
- Depreciation
- $140,519
- Program services (functional)
- $1,606,293
- Management and general (functional)
- $629,287
Balance sheet and other
- Total assets, start of year
- $16,165,340
- Total assets, end of year
- $15,791,727
- Total liabilities, end of year
- $11,201,631
- Net assets, end of year
- $4,590,096
- Land, buildings and equipment
- $1,079,620
- Net assets without donor restrictions
- $4,590,096
- Gross receipts
- $2,482,428
- Employees
- 4
- Volunteers
- 8
- Year formed
- 2007
- State of legal domicile
- OR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HEATHER ELLIS | EXECUTIVE DI Officer | 40 | $169,417 | $16,372 |
| RENE MILLER | ASSOCIATE DI Highest-paid employee | 40 | $112,938 | $32,022 |
| ADITI MARTIN | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER FOX | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DENISE MCCARTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARL ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LIISA BOZINOVIC | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAMSEY COX | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID FORMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SEAN MCCLAIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KARL MUNDORFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMANDA OBORNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANDRA SHOTWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NORAH GREEN VERBOUT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KENNETH WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HEATHER ELLIS | EXECUTIVE DI Officer | 40 | $172,192 | $13,299 |
| RENE MILLER | ASSOCIATE DI Highest-paid employee | 40 | $102,952 | $29,738 |
| ADITI MARTIN | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SANDRA SHOTWELL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOE JANDA | PAST BOARD C Trustee or director, Officer | 1 | $0 | $0 |
| CARL ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LIISA BOZINOVIC | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAMSEY COX | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID FORMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER FOX | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ZACH JONASSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENISE MCCARTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SEAN MCCLAIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KARL MUNDORFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMANDA OBORNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KENNETH WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4640 S MACADAM AVE STE 240, PORTLAND, OR 97239-4285
- In care of
- % JENNIFER FOX
- Principal officer (990 for 2024)
- HEATHER ELLIS, 4640 S MACADAM AVE STE 240, PORTLAND, OR 97239
- Signed the 990
- HEATHER ELLIS, EXECUTIVE DIRECTOR
- Phone
- (503) 227-1814
- Website
- WWW.OTRADI.ORG
- Return prepared by
- JONES & ROTH PC
Mission
OTRADI IS A NON-PROFIT RESEARCH AND DEVELOPMENT ORGANIZATION, SUPPORTED IN PART BY THE STATE OF OREGON, THAT STRIVES TO PROMOTE BIOSCIENCE INDUSTRY GROWTH AND JOB CREATION IN OREGON. OTRADI ACHIEVES THIS GOAL VIA COLLABORATION WITH PRIVATE AND PUBLIC SECTOR ENTITIES IN THE BIOSCIENCE COMMUNITY TO DISCOVER, DEVELOP, AND COMMERCIALIZE THERAPEUTICS, VACCINES, DIAGNOSTICS AND OTHER LIFE SCIENCES PRODUCTS IMPORTANT FOR HUMAN HEALTH.
Program accomplishments
- PROVIDE THE EXPERTISE AND EQUIPMENT REQUIRED TO SUPPORT THE DEVELOPMENT OF THERAPEUTICS AND TECHNOLOGIES ARISING FROM INFECTIOUS DISEASE AND OTHER RESEARCH. PROMOTE BIOSCIENCE SECTOR GROWTH THROUGH COLLABORATION WITH GOVERNMENT, UNIVERSITY, AND PRIVATE ECONOMIC DEVELOPMENT PARTNERS. PROVIDE MENTORING AND INTERNSHIP OPPORTUNITIES FOR STUDENTS, POSTGRADUATES AND OTHER AFFILIATES.Expenses $1,582,292 · revenue $741,418
- THE OTRADI BIOSCIENCE INCUBATOR IS OREGON'S FIRST BIOSCIENCE SPECIFIC ACCELERATOR. IT PROVIDES SCIENTISTS AND YOUNG COMPANIES WITH THE RESOURCES AND EXPERTISE NEEDED TO TAKE THEIR RESEARCH FROM THE LAB TO THE MARKET.Expenses $24,001 · revenue $17,255
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-8877231
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B19)
- Assets (IRS master file)
- $15,791,727
- Income (IRS master file)
- $2,482,428
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,482,428 | $2,235,580 | $15,791,727 | IRS |
| 990 | December 2023 | $1,827,560 | $2,038,542 | $16,165,340 | XML |
| 990 | December 2022 | $2,222,628 | $2,017,841 | $16,344,117 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8877231).
Questions about OREGON TRANSLATIONAL RESEARCH ANDDRUG DEVELOPMENT INSTITUTE
- What is the EIN of OREGON TRANSLATIONAL RESEARCH ANDDRUG DEVELOPMENT INSTITUTE?
- The employer identification number (EIN) of OREGON TRANSLATIONAL RESEARCH ANDDRUG DEVELOPMENT INSTITUTE is 20-8877231.
- Is OREGON TRANSLATIONAL RESEARCH ANDDRUG DEVELOPMENT INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to OREGON TRANSLATIONAL RESEARCH ANDDRUG DEVELOPMENT INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OREGON TRANSLATIONAL RESEARCH ANDDRUG DEVELOPMENT INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OREGON TRANSLATIONAL RESEARCH ANDDRUG DEVELOPMENT INSTITUTE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OREGON TRANSLATIONAL RESEARCH ANDDRUG DEVELOPMENT INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of OREGON TRANSLATIONAL RESEARCH ANDDRUG DEVELOPMENT INSTITUTE?
- The 990 for the year ended December 31, 2024 names HEATHER ELLIS.
- Who are the officers and directors of OREGON TRANSLATIONAL RESEARCH ANDDRUG DEVELOPMENT INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 15 people; 2 received compensation from the organization, the highest $169,417 (HEATHER ELLIS, EXECUTIVE DI).
- How much revenue does OREGON TRANSLATIONAL RESEARCH ANDDRUG DEVELOPMENT INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,482,428, expenses of $2,235,580 and total assets of $15,791,727 at year end.
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