Nonprofit · EIN 95-3468614
INSTITUTE FOR BIOMEDICAL SCIENCES
Tax-exempt (reinstated) · DEL MAR, CA 92014
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $495,651 | $336,020 | $159,631 | $1,372,680 | $4,292 | $1,368,388 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $90,000
- Program service revenue
- $0
- Investment income
- $80,251
- Net gain from sales of assets
- $43,929
- Other revenue
- $325,400
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,500
- Program services (functional)
- $330,640
- Management and general (functional)
- $5,380
Balance sheet and other
- Total assets, start of year
- $1,212,870
- Total assets, end of year
- $1,372,680
- Total liabilities, end of year
- $4,292
- Net assets, end of year
- $1,368,388
- Land, buildings and equipment
- $22,468
- Publicly traded securities
- $1,055,486
- Gross unrelated business income
- $325,400
- Gross receipts
- $806,377
- Employees
- 1
- Volunteers
- 0
- Year formed
- 1979
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANTHONY CHEUNG | BOARD Trustee or director | 1 | $0 |
| CLIFFORD COLWELL | BOARD Trustee or director | 1 | $0 |
| PETER CHEN | PRESIDENT Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 12927 LONGBOAT WAY, DEL MAR, CA 92014-3829
- Principal officer (990 for 2024)
- PETER CHEN, 12927 LONGBOAT WAY, DEL MAR, CA 92014
- Signed the 990
- PETER CHEN, PRESIDENT
- Phone
- (858) 342-1618
- Return prepared by
- ALVAREZ TAX & ACCOUNTING LLP
Mission
RESEARCH AND DEVELOPMENT WITH GOAL OF DEFINING A MICROVASCULAR INDEX FOR NON-INVASIVE MONITORING OF VASCULAR HEALTH AND FOR EARLY DIAGNOSIS OF VASCULAR RELATED DISEASES.
Program accomplishments
- THE ORGANIZATION IS IN THE PLANNING AND ORGANIZATIONAL STAGES FOR THE RESEARCH OF MICROCIRCULATION IN DIABETES AND ITS ROLE IN DIABETIC PATHOPHYSIOLOGY, THE PATHOGENESIS OF HYPERTENSION, CORONARY DISEASES, CANCER AND THE AGING PROCESS. IN ADDITION RESEARCH IS PLANNED IN STEM CELL DIFFERENTIATION TO OPTIMIZE THE SELECTION OF SCAFFOLDS, CELL TYPES AND STIMULATION FOR TISSUE REGENERATION OF CARTILAGE FOR THE TREATMENT OF OSTEOARTHRITIS.Expenses $330,640
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
- 95-3468614
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G05)
- Assets (IRS master file)
- $1,372,680
- Income (IRS master file)
- $806,377
Revocation and reinstatement
- Exemption revoked
- March 15, 2011
- Posted by the IRS
- November 9, 2011
- Reinstated
- Effective March 15, 2011
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $584,224 | $515,214 | $1,212,870 | IRS |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $441,972 | $363,697 | $1,143,713 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about INSTITUTE FOR BIOMEDICAL SCIENCES
- What is the EIN of INSTITUTE FOR BIOMEDICAL SCIENCES?
- The employer identification number (EIN) of INSTITUTE FOR BIOMEDICAL SCIENCES is 95-3468614.
- Is INSTITUTE FOR BIOMEDICAL SCIENCES tax-exempt?
- Yes. The IRS revoked its exemption on March 15, 2011 and reinstated it effective March 15, 2011.
- Are donations to INSTITUTE FOR BIOMEDICAL SCIENCES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE FOR BIOMEDICAL SCIENCES 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 INSTITUTE FOR BIOMEDICAL SCIENCES 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 INSTITUTE FOR BIOMEDICAL SCIENCES 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 INSTITUTE FOR BIOMEDICAL SCIENCES?
- The 990 for the year ended December 31, 2024 names PETER CHEN.
- Who are the officers and directors of INSTITUTE FOR BIOMEDICAL SCIENCES?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does INSTITUTE FOR BIOMEDICAL SCIENCES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $495,651, expenses of $336,020 and total assets of $1,372,680 at year end.
Other nonprofits in DEL MAR
- DIABETES RESEARCH CONNECTION EIN 90-0815395 · last filed 990 for 2024
- AMYOTROPHIC LATERAL SCLEROSIS ASSOCIATION EIN 04-3651272 · last filed 990 for 2024
- INTERNATIONAL CONSORTIUM OFCIRCULATORY ASSIST CLINICIANS A NJ EIN 26-0569063 · last filed 990 for 2026
- SONHOS SOCIAL CAPITAL EIN 47-1452819 · last filed 990-N for 2022
- KHALSA FOUNDATION FOR MEDICAL SCIENCE EIN 33-0078915 · last filed 990-N for 2025
- NATURE AND CULTURE INTERNATIONAL EIN 33-0773524 · last filed 990 for 2025
- THE WINSTON SCHOOL OF SAN DIEGO EIN 33-0294043 · last filed 990 for 2025
- WILDCOAST EIN 77-0536297 · last filed 990 for 2024
All nonprofits in DEL MAR · California · Voluntary health associations and medical disciplines