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Nonprofit · EIN 26-1852884

BIOCOM INSTITUTE

Tax-exempt · SAN DIEGO, CA 92121

Financials

$815K$1.1M2023$1.4M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of BIOCOM INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,409,806$1,245,113$164,693$403,305$103,585$299,720
December 31, 2023990$815,255$1,091,933-$276,678$284,614$149,587$135,027
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,408,384
of which government grants
$425,221
Program service revenue
$0
Investment income
$1,422
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$211,422
Other salaries and wages
$355,808
Salaries, compensation and benefits (total)
$801,166
Professional fundraising fees
$0
Accounting fees
$29,675
Travel
$17,258
Program services (functional)
$1,079,806
Management and general (functional)
$165,307

Balance sheet and other

Total assets, start of year
$284,614
Total assets, end of year
$403,305
Total liabilities, end of year
$103,585
Net assets, end of year
$299,720
Net assets without donor restrictions
$299,720
Gross receipts
$1,409,806
Employees
6
Volunteers
7
Year formed
2008
State of legal domicile
CA

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOSEPH D PANETTAPRESIDENT & CEO
Trustee or director, Officer
1$0$1,046,717$216,598
VICKI BRANNOCKSENIOR DIRECTOR, WORKFORCE
Key employee
40$211,422$0$40,783
AILEEN GIPSONDIRECTOR
Trustee or director
0.5$0$0$0
DAVID WEBB PHDDIRECTOR
Trustee or director
0.5$0$0$0
STACY SOLORIODIRECTOR
Trustee or director
0.5$0$0$0
WILLIE ZUNIGADIRECTOR
Trustee or director
0.5$0$0$0
DEBORAH WAFERDIRECTOR
Trustee or director
0.5$0$0$0
KIT POGLIANODIRECTOR
Trustee or director
0.5$0$0$0
JAMIE ARTERTONDIRECTOR
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOSEPH D PANETTAPRESIDENT & CEO
Trustee or director, Officer
1$0$1,491,567$177,424
VICKI BRANNOCKSENIOR DIRECTOR, WORKFORCE STRATEGY & INOVATION
Key employee
40$189,473$0$0
AILEEN GIPSONDIRECTOR
Trustee or director
0.5$0$0$0
DAVID WEBB PHDDIRECTOR
Trustee or director
0.5$0$0$0
STACY SOLORIODIRECTOR
Trustee or director
0.5$0$0$0
WILLIE ZUNIGADIRECTOR
Trustee or director
0.5$0$0$0
SUSIE HARBORTHDIRECTOR
Trustee or director
0.5$0$0$0
DEBORAH WAFERDIRECTOR
Trustee or director
0.5$0$0$0
LINDA SIERRADIRECTOR
Trustee or director
0.5$0$0$0
KIT POGLIANODIRECTOR
Trustee or director
0.5$0$0$0
JAMIE ARTERTONDIRECTOR
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
10996 TORREYANA RD STE 200, SAN DIEGO, CA 92121-1160
In care of
% BIOC
Mailing address (990-N for 2009)
4510 EXECUTIVE DR PLZ ONE, SAN DIEGO CA 92121
Principal officer (990 for 2024)
FRANCESCO SHEROD, 10996 TORREYANA RD 200, SAN DIEGO, CA 92121
Principal officer (990-N for 2009)
JOSEPH D PANETTA, 4510 EXECUTIVE DR PLZ ONE, SAN DIEGO CA 921213021
Signed the 990
FRANCESCO SHEROD, CFO
Phone
(858) 832-4162
Return prepared by
JGD & ASSOCIATES LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 26-1852884 or by the name BIOCOM INSTITUTE.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

BIOCOM CALIFORNIA INSTITUTE IS A 501(C)(3) ORGANIZATION ESTABLISHED IN 2008 BY BIOCOM CALIFORNIA, THE LARGEST AND MOST EXPERIENCED ADVOCATE FOR CALIFORNIA'S LIFE SCIENCE SECTOR. OUR MISSION IS TO DEVELOP AND PROMOTE A SKILLED AND DIVERSE PIPELINE OF TALENT TO ACCELERATE THE GROWTH OF CALIFORNIA'S LIFE SCIENCE ECOSYSTEM.

990 for the year ended December 31, 2024

Program accomplishments

  • NOVAWORKS: THIS AGREEMENT ESTABLISHES A PARTNERSHIP BETWEEN THE CITY OF SUNNYVALE'S NOVA WORKFORCE BOARDAND BIOCOM CALIFORNIA INSTITUTE TO DELIVER LIFE SCIENCE INDUSTRY WORKFORCE DEVELOPMENT SERVICESUNDER THE WORKFORCE INNOVATION AND OPPORTUNITY ACT. THE PARTNERSHIP FOCUSES ON THREE KEYCOMPONENTS: (1) SUPPORTING LIFE SCIENCE COMPANIES ADJUSTING THEIR WORKFORCE SIZE THROUGH WORKERADJUSTMENT AND RETRAINING NOTIFICATION (WARN) ASSISTANCE, (2) FACILITATING BUSINESS AND JOB SEEKERENGAGEMENT THROUGH INDUSTRY EVENTS AND WEBINARS, AND (3) IMPLEMENTING A CAREER EXPLORATIONFELLOWSHIP PROGRAM CONNECTING JOB SEEKERS WITH MENTORS AND TRAINING OPPORTUNITIES. THE TOTALFUNDING FOR THIS PARTNERSHIP IS $150,000 FOR THE PERIOD FROM JULY 31, 2024, THROUGH JULY 30, 2025. THEAGREEMENT REPRESENTS A CONTINUATION OF WORKFORCE DEVELOPMENT EORTS AIMED AT ENHANCING NOVAWORKFORCE SERVICES' CONNECTIONS TO LIFE SCIENCE INDUSTRY EMPLOYERS AND IMPROVING EMPLOYMENTOUTCOMES FOR JOB SEEKERS.
    Expenses $17,577 · revenue $204,625
  • THIS AGREEMENT ESTABLISHES A PARTNERSHIP BETWEEN THE VERDUGO WORKFORCE DEVELOPMENT BOARD(VWDB) AND BIOCOM CALIFORNIA INSTITUTE TO DELIVER LIFE SCIENCE INDUSTRY WORKFORCE DEVELOPMENTSERVICES. THE PARTNERSHIP FOCUSES ON TWO KEY COMPONENTS: (1) IMPLEMENTING A CAREER EXPLORATIONFELLOWSHIP PROGRAM AND (2) SUPPORTING THE GROWTH AND ENHANCEMENT OF THE BIOCOM INSTITUTETECHNICIAN CERTIFICATION (BIOTC).THE FELLOWSHIP PROGRAM WILL CONNECT JOB SEEKERS WITH MENTORS AND TRAINING OPPORTUNITIES THROUGHACTIVITIES INCLUDING PROGRAM PLANNING, CUSTOMIZED MARKETING MATERIALS DEVELOPMENT, APPLICATIONPROCESSING, MENTOR-FELLOW MATCHING, EVENT COORDINATION (ORIENTATION, CAREER PANELS, MEET AND GREETEVENTS), AND PROGRAM MONITORING WITH SURVEYS AND CHECK-INS.THE BIOTC PROGRAM INVOLVES COLLABORATION WITH THE VWDB, GRIFOLS BIOLOGICALS LLC, AND LOS ANGELESVALLEY COLLEGE TO EXPAND THIS INDUSTRY-RECOGNIZED CREDENTIAL PROGRAM TO SUPPORT WORKFORCEDEVELOPMENT IN THE LIFE SCIENCES SECTOR. THIS INCLUDES TECHNICAL ASSISTANCE TO ENHANCE THECREDENTIAL'S REACH AND IMPLEMENTATION.THE AGREEMENT REPRESENTS A STRATEGIC WORKFORCE DEVELOPMENT INITIATIVE AIMED AT STRENGTHENINGCONNECTIONS BETWEEN JOB SEEKERS AND LIFE SCIENCE INDUSTRY EMPLOYERS WHILE DEVELOPING INDUSTRYRECOGNIZEDCREDENTIALS TO IMPROVE EMPLOYMENT OUTCOMES.
    Expenses $87,664 · revenue $159,152
  • THIS AGREEMENT ESTABLISHES A PARTNERSHIP BETWEEN THE NATIONAL INSTITUTE FOR INNOVATION INMANUFACTURING BIOPHARMACEUTICALS (NIIMBL), SANTA CLARA UNIVERSITY (SCU), BIOCOM CALIFORNIAINSTITUTE, MERCK SHARP & DOHME LLC, AND GENENTECH TO DEVELOP AND IMPLEMENT THE "BIOCAD DATAPROGRAMMING FOR BIOMANUFACTURING SCALE-UP" PROJECT. RUNNING FROM JANUARY 1, 2025 THROUGH JUNE30, 2026, THE PROJECT FOCUSES ON FOUR KEY COMPONENTS:1. BUILDING DISSEMINATION CHANNELS BY IMPLEMENTING BIOCAD WITH COHORTS OF INDUSTRYPARTICIPANTS INCLUDING 100 GENENTECH INTERNS, 10 MERCK EMPLOYEES, 20 BIOCOM STUDENT ANDVETERAN FELLOWS, AND 20+ RETRAINING WORKERS, WHILE LAUNCHING THE BIOCAD INTERMEDIATE DATAPROGRAMMING FOR BIOMANUFACTURING CERTIFICATE NATIONALLY.2. DEVELOPING PRIMERS AND INTERMEDIATE COURSES IN DOWNSTREAM PROCESSES ANALYTICS INCLUDINGSTATISTICAL METHODS AND BIOMANUFACTURING PROCESS DATA PROGRAMMING.3. CREATING AND EVALUATING INTERMEDIATE DATA PROGRAMMING PROBLEMS AND ADVANCED CASES FORCOMPLEX END-TO-END MANUFACTURING SCENARIOS, WITH 6-8 HANDS-ON PROBLEMS AND ADVANCEDCASES FOCUSING ON EMERGING BIOPHARMACEUTICAL MANUFACTURING MODALITIES.4. ADAPTING BIOCAD MATERIALS FOR COMMUNITY COLLEGE INSTRUCTORS AND RETRAINING PROGRAMSTHROUGH NEEDS ANALYSIS, COMMUNITY COLLEGE INSTRUCTOR ADAPTATION, AND PILOTIMPLEMENTATIONS.ADDITIONALLY, BIOCOM CALIFORNIA INSTITUTE HOSTS PARTICIPANTS OF THE NIIMBL EXPERIENCE PROGRAM, ANEXCLUSIVE ALL-EXPENSES-PAID IMMERSION PROGRAM THAT PROVIDES FIRST AND SECOND-YEAR COLLEGESTUDENTS WITH REAL-WORLD INSIGHT INTO BIOPHARMACEUTICAL INDUSTRY CAREERS. THE PROGRAM FEATURES AFULL-DAY IMMERSIVE EXPERIENCE AT BIOCOM'S OICE WITH HANDS-ON ACTIVITIES AND DIRECT INTERACTIONSWITH INDUSTRY PROFESSIONALS. THIS PROGRAM AIMS TO INCREASE ACCESS TO THE BIOPHARMACEUTICALMANUFACTURING INDUSTRY AMONG DOMESTIC STUDENTS, BROADEN TALENT PIPELINES BY CONNECTING INDUSTRYWITH TALENTED STUDENTS, AND OER EXPOSURE TO THE ENTIRE BIOPHARMA MANUFACTURING ECOSYSTEM.
    Expenses $3,241 · revenue $10,569
  • REMAINING OTHER - AMGEN, CONTRACOSTA, LSXP, AND LSYL
    Expenses $971,324 · revenue $1,065,038

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-1852884
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
Assets (IRS master file)
$403,305
Income (IRS master file)
$1,409,806

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,409,806$1,245,113$403,305XML
990December 2023$815,255$1,091,933$284,614XML
990December 2022$1,717,341$1,460,934$712,895IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2009
Officer: JOSEPH D PANETTA
December 31, 2009≤ $50,000 receipts––e-Postcard

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 26-1852884).

Questions about BIOCOM INSTITUTE

What is the EIN of BIOCOM INSTITUTE?
The employer identification number (EIN) of BIOCOM INSTITUTE is 26-1852884.
Is BIOCOM INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to BIOCOM INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BIOCOM 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 BIOCOM 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 BIOCOM 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 BIOCOM INSTITUTE?
The 990 for the year ended December 31, 2024 names FRANCESCO SHEROD.
Who are the officers and directors of BIOCOM INSTITUTE?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization.
How much revenue does BIOCOM INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,409,806, expenses of $1,245,113 and total assets of $403,305 at year end.

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