Overview
What is Bioscience & Technology Business Center Inc?
Based in Lawrence, Kansas, the Bioscience & Technology Business Center Inc, also known as KU Innovation Park, is a thriving nonprofit organization dedicated to fostering technology and bioscience businesses in the northeast Kansas region. Their mission is to create, recruit, grow, and retain these companies, with the ultimate goal of building a more modern, resilient, and diverse local economy. In 2022, they achieved significant progress, opening their newest building, Building Phase III, which provides space for an additional 12-18 businesses, potentially generating 200-250 jobs. The organization serves as a crucial business and economic development contact for life sciences and technology companies interested in the Lawrence and Douglas County region. By offering specialized laboratory and office space on the University of Kansas West Campus, business development services, collaborative research projects, recruitment and relocation assistance, access to capital, and access to a vast network of resources, the Bioscience & Technology Business Center Inc is making a significant impact on the local economy.
Official website here: www.kuinnovationpark.com/
Is Bioscience & Technology Business Center Inc legitimate?
Bioscience & Technology Business Center Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bioscience & Technology Business Center 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $460,079
Professional Fundraising Fees: $0
Other Salaries and Wages: $417,163
For more financial information, click here
Official website here: www.kuinnovationpark.com/
What is the mission statement of Bioscience & Technology Business Center Inc?
The Bioscience & Technology Business Center Inc is dedicated to nurturing the growth and retention of technology and bioscience businesses in the region. With a long-term vision to build a more modern, resilient, and diverse economy, the organization strives to serve as the primary contact for businesses looking to establish themselves in the area. In 2022, the organization accomplished its goals by opening a new 66,000 square foot building, providing additional space for 12-18 high potential companies, and generating 200-250 jobs. The center offers specialized laboratory and office space, business development services, collaborative research projects, recruitment and relocation assistance, access to capital, and access to a vast network of resources to companies in need. The Bioscience & Technology Business Center Inc aims to create an environment conducive to the success and growth of technology and bioscience businesses.
Official website here: www.kuinnovationpark.com/
Who is the CEO of Bioscience & Technology Business Center Inc?
Adam Courtney is the Secretary of Bioscience & Technology Business Center Inc.
Official website here: www.kuinnovationpark.com/
What is the revenue of Bioscience & Technology Business Center Inc?
Bioscience & Technology Business Center Inc's revenue in 2022 was $13,851,598.
Official website here: www.kuinnovationpark.com/
Who are the executives of Bioscience & Technology Business Center Inc and what are their salaries?
The average compensation at Bioscience & Technology Business Center Inc during 2022 was $54,828. There are 16 employees and 11 volunteers at Bioscience & Technology Business Center Inc.
Here are 13 key members and their salaries:
- E Laverne Epp (Executive Ch) [Trustee/Director]
- Adam Courtney (Vp Finance)
- Robert Knapp (Exec Vp Of C)
- Derek Kwan (Secretary) [Trustee/Director]
- Bart Littlejohn (Board Member) [Trustee/Director]
- Karen Willey (Board Member) [Trustee/Director]
- Douglas Girod (Board Member) [Trustee/Director]
- Bonnie Lowe (Board Member) [Trustee/Director]
- Craig Owens (Board Member) [Trustee/Director]
- Robert Johnson (Treasurer) [Trustee/Director]
- Valentino J Stella (Board Member) [Trustee/Director]
- Robert Simari (Board Member) [Trustee/Director]
- Sarah Plinsky (Board Member) [Trustee/Director]
Official website here: www.kuinnovationpark.com/
Where can I find the form 990 for Bioscience & Technology Business Center Inc?
The Bioscience & Technology Business Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.kuinnovationpark.com/
Learn more at the official website: www.kuinnovationpark.com/
Mission Statement of Bioscience & Technology Business Center Inc
The Bioscience & Technology Business Center Inc is dedicated to fulfilling a mission that involves creating, recruiting, growing, and retaining technology and bioscience businesses in Northeast Kansas. With a vision to build a more modern, resilient, and diverse regional economy, this organization plays a pivotal role in the scientific and technological community.
In 2022, the Bioscience & Technology Business Center successfully accomplished its goals in multiple areas. Among these achievements was the opening of its newest building, Building Phase III, which added 66,000 square feet of space, providing room for an additional 12-18 companies and generating 200-250 jobs. The organization continues to serve as the leading business and economic development contact for life sciences and technology companies looking to establish a presence in the area.
The Center offers a range of services to meet the needs of these businesses, including specialized laboratory and office space, business development services, collaborative research projects with the University of Kansas, recruitment and relocation assistance, access to capital, and access to a vast network of resources. By providing these services, the Bioscience & Technology Business Center Inc supports the growth and success of technology and bioscience businesses in Northeast Kansas, contributing to a more robust and diverse regional economy.
Impact
This information is meant to be a general summary of Bioscience & Technology Business Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Bioscience & Technology Business Center Inc's impact can be seen in its significant contribution to the growth and development of technology and bioscience businesses in Northeast Kansas. By opening its newest building, the 66,000 square foot Phase III development in 2022, the organization has provided space for an additional 12-18 companies, creating 200-250 jobs in the process.
Through its mission to create, recruit, grow, and retain high-potential companies, BTBC is not only fostering economic growth but also building a more modern, resilient, and diverse regional economy. By offering specialized laboratory and office space, business development services, collaborative research projects, recruitment and relocation assistance, access to capital, and a vast network of resources, the organization serves as a vital business and economic development contact for life sciences and technology companies interested in operating in the Lawrence and Douglas County region.
By fulfilling its mission to support technology and bioscience businesses, Bioscience & Technology Business Center Inc is making a tangible impact on the community, driving innovation, creating jobs, and boosting the overall economic prosperity of Northeast Kansas.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,632,866
MANAGEMENT FEE INCOME
Revenue
$255,500
ADVISORY SERVICE
Revenue
$205,274
INTERNET AND PHONE INCOME
Revenue
$34,040
CONTRACTUAL SERVICE
Revenue
$26,400
Organization Details
Founding Year
2006
Phone
(785) 832-2110
Principal Officer
Adam Courtney
Main Address
2029 BECKER DR, LAWRENCE, KS, 66044
Website
www.kuinnovationpark.com/
NTEE Category
Code: S41 - Community improvement
If you are a representative of Bioscience & Technology Business Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.