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Connecticut United For Research Excellence Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061304212 ✦ Groton, CT ✦ Designated as a 501(c)(3)

Overview

What is Connecticut United For Research Excellence Inc?

Connecticut United For Research Excellence Inc, located at 93 Shennecosett Rd, Groton, CT, is a nonprofit organization with a mission to educate and inform the public about biomedical research and biotechnology. They aim to advance these fields by fostering connections between pharmaceutical companies, biotech firms, and colleges and universities in Connecticut. By organizing educational seminars, events, and meetings, they promote Connecticut as a favorable state for biotech and pharmaceutical industries. With a team of five dedicated individuals, their activities focus on strengthening relationships between industry and education, ultimately contributing to the growth and development of biomedical research and technology in Connecticut.


Official website here: www.bioct.org

Is Connecticut United For Research Excellence Inc legitimate?

Connecticut United For Research Excellence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connecticut United For Research Excellence Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $163,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,785

For more financial information, click here


Official website here: www.bioct.org

What is the mission statement of Connecticut United For Research Excellence Inc?

Connecticut United For Research Excellence Inc's mission is centered around educating and informing the public about biomedical research and biotechnology. The organization strives to advance these fields by fostering connections between pharmaceutical companies, biotech firms, and educational institutions. They promote Connecticut as a favorable environment for biotech and pharmaceutical industries through educational seminars, events, and meetings. The organization also provides a platform for entrepreneurs to discuss their start-ups and hosts conferences to further the advancement of biomedical research and technology.


Official website here: www.bioct.org

Who is the CEO of Connecticut United For Research Excellence Inc?

Stanley Choy is the President & of Connecticut United For Research Excellence Inc.


Official website here: www.bioct.org

What is the revenue of Connecticut United For Research Excellence Inc?

Connecticut United For Research Excellence Inc's revenue in 2022 was $831,236.


Official website here: www.bioct.org

Who are the executives of Connecticut United For Research Excellence Inc and what are their salaries?

The average compensation at Connecticut United For Research Excellence Inc during 2022 was $66,857. There are 5 employees at Connecticut United For Research Excellence Inc.

Here are 16 key members and their salaries:

    Dawn Hocevar (President &) [Trustee/Director]
  • Compensation: $125,000
  • Related: $0
  • Other: $6,997

    • Stanley Choy (Chair & Trea) [Trustee/Director]
  • Compensation: $38,500
  • Related: $0
  • Other: $0

    • Mostafa Analoui (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abhijit Banerjee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Bettigole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Geballe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia D Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John G Houston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Hughes (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raja Mangipudy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David I Scheer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackie Schumacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eleanore Seibert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erika Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Dormer Stephen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kaile Zagger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bioct.org

    Where can I find the form 990 for Connecticut United For Research Excellence Inc?

    The Connecticut United For Research Excellence Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bioct.org

    Learn more at the official website: www.bioct.org

    Mission Statement of Connecticut United For Research Excellence Inc

    Connecticut United for Research Excellence Inc, as a nonprofit organization, is dedicated to enlightening and informing the general public about the intricacies of biomedical research and biotechnology. Its primary mission is to foster advancements in these fields by promoting and encouraging such research and technology. The organization aims to bridge the gap between pharmaceutical companies, biotech firms, and educational institutions, fostering relationships that can benefit both industries. By organizing educational seminars, events, and conferences, Connecticut United for Research Excellence Inc works towards positioning Connecticut as a hospitable environment for biotech and pharmaceutical industries. Additionally, the organization provides a platform for entrepreneurs to discuss their start-ups, thereby encouraging innovation and growth in the biotech sector.

    Impact

    This information is meant to be a general summary of Connecticut United For Research Excellence Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Connecticut United For Research Excellence Inc, working with 200 members, focuses on fostering connectedness among pharmaceutical companies, biotech firms, and colleges and universities. This organization aims to form relationships between industry and education, while also promoting Connecticut as a biotech and pharmaceutical-friendly state through educational seminars, events, meetings for entrepreneurs to discuss their start-ups, and conferences. This initiative plays a crucial role in advancing biomedical research and biotechnology by facilitating collaboration and knowledge sharing within the industry.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $259,615
  • Gross Receipts: $831,236

    • Assets and Liabilities:
  • Total Assets: $829,464
  • Total Liabilities: $330,625
  • Net Assets: $498,839
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    WORKSHOPS AND SPECIAL EVENTS

    Revenue

    $259,615

    Organization Details

    Principal Officer

    Stanley Choy

    Main Address

    93 SHENNECOSSETT RD, GROTON, CT, 06340

    NTEE Category

    Code: H45I - Medical research

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