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Nonprofit · EIN 63-1192160

THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA

Tax-exempt · ARAB, AL 35016

Financials

$483K$350K2023$356K$484K2024
Revenue Expenses · by fiscal year end
Financials of THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$355,879$483,569-$127,690$408,088$8,078$400,010
December 31, 2023990$482,794$349,518$133,276$475,134$14,829$460,305
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$95,975
Membership dues
$95,975
Program service revenue
$213,750
Investment income
$9,543
Other revenue
$36,611

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$120,148
Other salaries and wages
$93,948
Salaries, compensation and benefits (total)
$231,549
Professional fundraising fees
$0
Travel
$61,564

Balance sheet and other

Total assets, start of year
$475,134
Total assets, end of year
$408,088
Total liabilities, end of year
$8,078
Net assets, end of year
$400,010
Gross receipts
$355,879
Employees
2
Volunteers
29
Year formed
1997
State of legal domicile
AL

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 / weekCompensation
JEREMY D BLANKSCEO
Trustee or director, Officer
40$120,148
AMY STURDIVANTBOARD CHAIR
Trustee or director
0.2$0
AMENDI STEPHENSDIRECTOR
Trustee or director
0.2$0
BILL DEANDIRECTOR
Trustee or director
0.2$0
C VIVEK LALDIRECTOR
Trustee or director
0.2$0
BOB SHUFFLEBARGERDIRECTOR
Trustee or director
0.2$0
CAROLYN TURNERDIRECTOR
Trustee or director
0.2$0
KATHY NUGENTDIRECTOR
Trustee or director
0.2$0
DAN BLAKLEYDIRECTOR
Trustee or director
0.2$0
DEL SMITHDIRECTOR
Trustee or director
0.2$0
HANS THULLESONDIRECTOR
Trustee or director
0.2$0
DEBRA MORGANDIRECTOR
Trustee or director
0.2$0
ALEX CATEDIRECTOR
Trustee or director
0.2$0
STEVE PELHAMDIRECTOR
Trustee or director
0.2$0
GREGORY GROSSMANDIRECTOR
Trustee or director
0.2$0
13 more people on this return
NameTitleHours / weekCompensation
GWEN FEWELLDIRECTOR
Trustee or director
0.2$0
JARED SHARPDIRECTOR
Trustee or director
0.2$0
JENNIFER RIGGS-SAUTHIERDIRECTOR
Trustee or director
0.2$0
KARIM BUDHWANIDIRECTOR
Trustee or director
0.2$0
KARTHIK GOPALAKRISHNANDIRECTOR
Trustee or director
0.2$0
MICHAEL LYNCHDIRECTOR
Trustee or director
0.2$0
NICK LANDAUDIRECTOR
Trustee or director
0.2$0
REBECCA VAUGHTDIRECTOR
Trustee or director
0.2$0
TIM TURNERDIRECTOR
Trustee or director
0.2$0
TIM TYSONDIRECTOR
Trustee or director
0.2$0
ROB TERRYDIRECTOR
Trustee or director
0.2$0
ROGER GRABENDIRECTOR
Trustee or director
0.2$0
TONY SANDERDIRECTOR
Trustee or director
0.2$0
990 for the year ended December 31, 2023: 34 people
NameTitleHours / weekCompensation
JEREMY D BLANKSCEO
Trustee or director, Officer
40$95,265
AMY STURDIVANTBOARD CHAIR
Trustee or director
0.2$0
AMENDI STEPHENSDIRECTOR
Trustee or director
0.2$0
BILL DEANDIRECTOR
Trustee or director
0.2$0
C VIVEK LALDIRECTOR
Trustee or director
0.2$0
BOB SHUFFLEBARGERDIRECTOR
Trustee or director
0.2$0
CAROLYN TURNERDIRECTOR
Trustee or director
0.2$0
CHARLIE TAYLORDIRECTOR
Trustee or director
0.2$0
DAN BLAKLEYDIRECTOR
Trustee or director
0.2$0
DEL SMITHDIRECTOR
Trustee or director
0.2$0
HANS THULLESONDIRECTOR
Trustee or director
0.2$0
DEBRA MORGANDIRECTOR
Trustee or director
0.2$0
BRUCE KORFDIRECTOR
Trustee or director
0.2$0
ALEX CATEDIRECTOR
Trustee or director
0.2$0
LATONYA KINGDIRECTOR
Trustee or director
0.2$0
GREGORY GROSSMANDIRECTOR
Trustee or director
0.2$0
GWEN FEWELLDIRECTOR
Trustee or director
0.2$0
JARED SHARPDIRECTOR
Trustee or director
0.2$0
JAY DAILYDIRECTOR
Trustee or director
0.2$0
JENNIFER RIGGS-SAUTHIERDIRECTOR
Trustee or director
0.2$0
KARIM BUDHWANIDIRECTOR
Trustee or director
0.2$0
KARTHIK GOPALAKRISHNANDIRECTOR
Trustee or director
0.2$0
LLOYD WALKERDIRECTOR
Trustee or director
0.2$0
MICHAEL LYNCHDIRECTOR
Trustee or director
0.2$0
NICK LANDAUDIRECTOR
Trustee or director
0.2$0
REBECCA VAUGHTDIRECTOR
Trustee or director
0.2$0
SAKSHAM NARANGDIRECTOR
Trustee or director
0.2$0
TIM TURNERDIRECTOR
Trustee or director
0.2$0
TIM TYSONDIRECTOR
Trustee or director
0.2$0
ROB TERRYDIRECTOR
Trustee or director
0.2$0
WILLIAM REICHERTDIRECTOR
Trustee or director
0.2$0
ROGER GRABENDIRECTOR
Trustee or director
0.2$0
TONY SANDERDIRECTOR
Trustee or director
0.2$0
REBECCA J BOOHAKERDIRECTOR
Trustee or director
0.2$0

Address and contacts

Address (IRS master file)
PO BOX 583, ARAB, AL 35016-0583
In care of
% THAD G LONG
Mailing address (990-N for 2015)
601 GENOME WAY, HUNTSVILLE AL 35806
Principal officer (990 for 2024)
DR JEREMY BANKS, PO BOX 583, ARAB, AL 35016
Principal officer (990-N for 2015)
KATHY NUGENT, 601 GENOME WAY, HUNTSVILLE AL 35806
Signed the 990
DR JEREMY BANKS, PHD - CEO
Phone
(205) 919-2370
Return prepared by
WARREN AVERETT LLC

Mission

THE MISSION OF BIO ALABAMA IS TO PROMOTE BIOTECHNOLOGY INNOVATION BY CREATING A FAVORABLE SCIENTIFIC, BUSINESS AND LEGISLATIVE ENVIRONMENT THAT WILL FACILITATE THE GROWTH OF EMERGING AND EXISTING COMPANIES WHILE ATTRACTING NEW BIOTECHNOLOGY OPPORTUNITIES TO ALABAMA AND TO INCREASE PUBLIC AWARENESS REGARDING THE POTENTIAL IMPACT ON QUALITY-OF-LIFE AND THE STATE'S ECONOMY

990 for the year ended December 31, 2024

Program accomplishments

  • BIO ALABAMA IS A STATEWIDE ORGANIZATION REPRESENTING ALABAMA'S BIO RELATED INDUSTRIES, RESEARCH SCIENTISTS, CLINICIANS AND BUSINESS PROFESSIONALS WHO ARE WORKING TOGETHER TO FOSTER, DEVELOP AND SUPPORT THE LIFE SCIENCES IN ALABAMA. BIO ALABAMA HOSTS SCIENTIFIC SYMPOSIUMS, NETWORKING OPPORTUNITIES, STUDENT OUTREACH PROGRAMS, LEGISLATIVE RECEPTIONS IN SUPPORT OF OUR MEMBERS AND ALABAMA'S BIOTECHNOLOGY INDUSTRY. OUR EVENTS, PROGRAMS AND MEMBER BENEFITS ARE DESIGNED TO ENHANCE THE PROGRESS OF OUR INDUSTRY AND OUR MEMBERS.

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
63-1192160
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$408,088
Income (IRS master file)
$355,879

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$355,879$483,569$408,088XML
990December 2023$482,794$349,518$475,134XML
990December 2022$300,523$210,419$330,750IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS
990-N for 2015
Officer: KATHY NUGENT
December 31, 2015≤ $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 63-1192160).

Questions about THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA

What is the EIN of THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA?
The employer identification number (EIN) of THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA is 63-1192160.
Is THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2001.
Are donations to THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA 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 THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA 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 THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA 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 THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA?
The 990 for the year ended December 31, 2024 names DR JEREMY BANKS.
Who are the officers and directors of THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA?
The 990 for the year ended December 31, 2024 lists 28 people; 1 received compensation from the organization, the highest $120,148 (JEREMY D BLANKS, CEO).
How much revenue does THE BIOTECHNOLOGY ASSOCIATION OF ALABAMA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $355,879, expenses of $483,569 and total assets of $408,088 at year end.

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