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Nonprofit · EIN 87-1772821

API INNOVATION CENTER

Tax-exempt · SAINT LOUIS, MO 63103

Financials

$3.6M$2.8M2023$10.3M$7.2M2024
Revenue Expenses · by fiscal year end
Financials of API INNOVATION CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,346,855$7,212,848$3,134,007$5,119,415$1,288,745$3,830,670
December 31, 2023990$3,564,134$2,777,314$786,820$806,158$4,711$801,447
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,764,730
of which government grants
$9,761,730
Program service revenue
$579,873
Investment income
$0
Other revenue
$2,252

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$876,086
Other salaries and wages
$777,782
Salaries, compensation and benefits (total)
$1,685,558
Professional fundraising fees
$0
Legal fees
$646,056
Accounting fees
$248,839
Occupancy
$307,778
Travel
$52,582
Program services (functional)
$4,592,116
Management and general (functional)
$2,322,710
Fundraising (functional)
$298,022

Balance sheet and other

Total assets, start of year
$806,158
Total assets, end of year
$5,119,415
Total liabilities, end of year
$1,288,745
Net assets, end of year
$3,830,670
Net assets without donor restrictions
$3,830,670
Gross receipts
$10,346,855
Employees
19
Volunteers
6
Year formed
2021
State of legal domicile
MO

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 / weekCompensationOther / benefits
ANTHONY SARDELLACHIEF EXECUTIVE OFFICER
Trustee or director, Officer
40$352,639$0
KEVIN WEBBPRESIDENT AND COO
Trustee or director, Officer
40$273,946$8,529
DONALD LOHMANEXEC. VP, CHIEF LEGAL, ADMIN OFFICER
Trustee or director, Officer
40$234,872$6,100
BRIAN DOTYVP R&D AND PROGRAMS
Highest-paid employee
40$200,985$0
GERREN MCHAMVP, GOVT & EXTERNAL AFFAIRS
Highest-paid employee
40$129,105$0
DENNIS MUILENBURGDIRECTOR
Trustee or director
0.25$0$0
CHRIS SPILLINGDIRECTOR
Trustee or director
0.25$0$0
RICK RYANDIRECTOR
Trustee or director
0.25$0$0
DAVID THOMPSONDIRECTOR
Trustee or director
0.25$0$0
ANDREW GONCEDIRECTOR
Trustee or director
0.25$0$0
JAN HALLOWAYDIRECTOR
Trustee or director
0.25$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
KEVIN WEBBSECRETARY
Trustee or director, Officer
40$229,744$0
ANTHONY SARDELLAPRESIDENT
Trustee or director, Officer
40$228,000$0
BRIAN DOTYVICE PRESIDE
Officer
40$74,038$538
DONALD LOHMANADMIN OFFICE
Officer
40$14,769$0
ANDREW GONCETREASURER
Trustee or director, Officer
–$0$0
JAN HOLLOWAYDIRECTOR
Trustee or director
–$0$0
DENNIS MUILENBURGDIRECTOR
Trustee or director
–$0$0
RICK RYANDIRECTOR
Trustee or director
–$0$0
CHRIS SPILLINGDIRECTOR
Trustee or director
–$0$0
DAVID THOMPSONDIRECTOR
Trustee or director
–$0$0

Address and contacts

Address (IRS master file)
401 S 18TH ST STE 250, SAINT LOUIS, MO 63103-2270
Principal officer (990 for 2024)
ANTHONY SARDELLA, 401 SOUTH 18TH STREET 250, ST LOUIS, MO 63103
Signed the 990
ANTHONY SARDELLA, CEO
Phone
(314) 960-8685
Return prepared by
GELMAN ROSENBERG & FREEDMAN

Mission

DRIVE NATIONAL HEALTH SECURITY AND ECONOMIC GROWTH THROUGH U.S.-BASED PRODUCTION OF MEDICINES SO THAT EVERY PATIENT, HEALTH CARE SYSTEM AND PHARMACY RETAILER HAS ACCESS TO CRITICAL MEDICINES.

990 for the year ended December 31, 2024

Program accomplishments

  • APIIC OPENED A CUTTING-EDGE RESEARCH AND DEVELOPMENT LABORATORY AT THE UNIVERSITY OF MISSOURIST. LOUIS, WHERE SCIENTISTS ARE PIONEERING NEW ROUTES OF SYNTHESIS FOR CRITICAL MEDICINES VITAL TO NATIONAL HEALTH SECURITY. THE TEAM HAS AND IS DEVELOPING AND OPTIMIZING ADVANCED MANUFACTURING PROCESSES FOR FIVE KEY ACTIVE PHARMACEUTICAL INGREDIENTS (APIS)USING CONTINUOUS-FLOW AND INNOVATIVE TECHNIQUES TO IMPROVE EFFICIENCY, YIELD, AND PURITY. BEYOND TECHNICAL ACHIEVEMENTS, APIIC EMERGED AS A NATIONAL THOUGHT LEADER BY SHAPING POLICY, PUBLISHING INFLUENTIAL RESEARCH, AND CONVENING EXPERTS TO ADDRESS PHARMACEUTICAL SUPPLY CHAIN RESILIENCE, POSITIONING MISSOURI AS A MODEL FOR PUBLICPRIVATE COLLABORATION AND ADVANCED GENERIC DRUG MANUFACTURING.
    Expenses $4,592,116 · revenue $579,873

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
87-1772821
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$5,119,415
Income (IRS master file)
$10,346,855

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,346,855$7,212,848$5,119,415IRS
990December 2023$3,564,134$2,777,314$806,158XML
990December 2022$107,679$188,148$14,752IRS
990December 2021–––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 87-1772821).

Questions about API INNOVATION CENTER

What is the EIN of API INNOVATION CENTER?
The employer identification number (EIN) of API INNOVATION CENTER is 87-1772821.
Is API INNOVATION CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to API INNOVATION CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does API INNOVATION CENTER 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 API INNOVATION CENTER 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 API INNOVATION CENTER 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 API INNOVATION CENTER?
The 990 for the year ended December 31, 2024 names ANTHONY SARDELLA.
Who are the officers and directors of API INNOVATION CENTER?
The 990 for the year ended December 31, 2024 lists 11 people; 5 received compensation from the organization, the highest $352,639 (ANTHONY SARDELLA, CHIEF EXECUTIVE OFFICER).
How much revenue does API INNOVATION CENTER have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,346,855, expenses of $7,212,848 and total assets of $5,119,415 at year end.

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