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Sage Bionetworks

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

EIN: 264489946 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

Overview

What is Sage Bionetworks?

Sage Bionetworks is a nonprofit research organization based in Seattle, Washington, with a mission to coordinate and link biomedical researchers, patients, and citizens through a unique platform. They strive to conduct research, particularly in the area of network models of disease, while building a computational platform for the Commons to modernize how biomedical data and insights are collected, managed, and used. Their work involves developing and applying community practices to address barriers in computational biomedical research and partnering with scientists in academia, industry, and the nonprofit sector to ensure data-intensive science programs yield tangible results. Sage Bionetworks also pioneers the evaluation and improvement of algorithms in biomedical domains and hosts challenges to facilitate collaboration and community building. With a team of around 140 employees, they have engaged in various projects, including AMP AD, Boston Children's Hospital VEIOBD, and RADx Long Covid.


Official website here: www.sagebionetworks.org

Is Sage Bionetworks legitimate?

Sage Bionetworks is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sage Bionetworks 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: $1,557,487
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,614,969

For more financial information, click here


Official website here: www.sagebionetworks.org

What is the mission statement of Sage Bionetworks?

Sage Bionetworks is a nonprofit research organization dedicated to accelerating the application of data-intensive science in medicine. Founded in 2009, the organization focuses on modernizing how biomedical data is collected, managed, and used. Sage Bionetworks' mission includes conducting research on network models of disease, developing the computational platform for a Commons to facilitate researcher cooperation, and promoting public engagement. By addressing barriers and leveraging community practices, the organization aims to ensure that data-driven research leads to tangible outcomes. Sage Bionetworks partners with scientists in academia, industry, and nonprofits to bring data-intensive science programs to fruition.


Official website here: www.sagebionetworks.org

Who is the CEO of Sage Bionetworks?

Luca Foschini is the Chief Technology Officer of Sage Bionetworks.


Official website here: www.sagebionetworks.org

What is the revenue of Sage Bionetworks?

Sage Bionetworks's revenue in 2022 was $23,911,041.


Official website here: www.sagebionetworks.org

Who are the executives of Sage Bionetworks and what are their salaries?

The average compensation at Sage Bionetworks during 2022 was $94,089. There are 140 employees and 7 volunteers at Sage Bionetworks.

Here are 19 key members and their salaries:

    Mike Kellen (Chief Technology Officer)
  • Compensation: $277,785
  • Related: $0
  • Other: $28,424

    • Brian O'Connor (Chief Data Officer)
  • Compensation: $272,938
  • Related: $0
  • Other: $25,471

    • Kim Baggett (Coo, Interim President)
  • Compensation: $219,103
  • Related: $0
  • Other: $27,326

    • Larsson Omberg (Vice President, Systems Biology)
  • Compensation: $198,315
  • Related: $0
  • Other: $34,388

    • Bruce Hoff (Director, Synapse Team)
  • Compensation: $188,942
  • Related: $0
  • Other: $38,543

    • Ljubomir Bradic (Director, Design)
  • Compensation: $185,555
  • Related: $0
  • Other: $40,818

    • Julie Bletz (Director, Scce)
  • Compensation: $185,581
  • Related: $0
  • Other: $34,521

    • Erin Mounts (Director, Bridge Platforms)
  • Compensation: $188,114
  • Related: $0
  • Other: $28,377

    • Anna Greewood (Director, Adtr)
  • Compensation: $184,548
  • Related: $0
  • Other: $26,661

    • Christine Fabre Suver (Vice President, Governance)
  • Compensation: $178,989
  • Related: $0
  • Other: $28,474

    • Lara Mangravite (President)
  • Compensation: $128,450
  • Related: $0
  • Other: $19,237

    • Diane Gary (Secretary)
  • Compensation: $33,686
  • Related: $0
  • Other: $5,805

    • Kathy Hudson (Director)
  • Compensation: $30,000
  • Related: $0
  • Other: $0

    • Stephen Friend (Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Schadt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Ford-Hutchinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gustavo Stolovitsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cecilia Arradaza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tetsu Maruyama (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sagebionetworks.org

    Where can I find the form 990 for Sage Bionetworks?

    The Sage Bionetworks’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sagebionetworks.org

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

    Mission Statement of Sage Bionetworks

    Sage Bionetworks, a pioneering nonprofit research organization, was established in 2009 with a mission to revolutionize the way biomedical data is shared, managed, and used. By fostering collaboration between academic, commercial, and individual researchers, as well as patients and citizens, Sage Bionetworks aims to accelerate the translation of data-intensive science into medicine.

    The organization's primary objectives include conducting research on network models of disease, building a robust computational platform for the Commons, and engaging the public in the scientific process. Sage Bionetworks' approach to modernizing biomedical research addresses the barriers that hinder the implementation and interpretation of data-driven studies, ultimately leading to actionable results.

    By promoting open science practices and transforming the way biomedical data is collected, managed, and utilized, Sage Bionetworks plays a pivotal role in the scientific community. The organization partners with scientists from various sectors, such as academia, industry, and the nonprofit world, to ensure that data-intensive science initiatives yield tangible outcomes. In doing so, Sage Bionetworks bridges the gap between cutting-edge research and practical applications, ultimately contributing to advancements in the medical field.

    Impact

    This information is meant to be a general summary of Sage Bionetworks. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Sage Bionetworks is a strategic research organization that coordinates and links academic and commercial biomedical researchers, patients, and citizens through a Commons model. They conduct research independently and with collaborators worldwide across various disease areas, aiming to redefine how complex biological data is gathered, shared, and utilized through open systems, incentives, and norms.

    Sage Bionetworks' impact lies in their innovative approach to scientific coordination, bringing together diverse expertise and resources to develop robust solutions for translational biomedical insights. By conducting research on network models of disease, building computational platforms, and activating public engagement, they work towards accelerating the translation of data-intensive science into medicine.

    Moreover, Sage Bionetworks has pioneered the development of concepts and infrastructure to objectively evaluate algorithms across biomedical domains. By hosting challenges and benchmarking initiatives, they facilitate collaboration and advancements in computational methods, serving as a trusted partner in the evaluation and improvement of algorithms for biomedical analysis and patient care.

    Through their collaborative projects, challenges, and involvement in various research initiatives, Sage Bionetworks is actively contributing to the advancement of scientific knowledge and the translation of research findings into actionable outcomes in the field of biomedicine.





    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: $120
  • Program Service Revenue: $4,767,966
  • Gross Receipts: $23,911,041

    • Assets and Liabilities:
  • Total Assets: $11,242,073
  • Total Liabilities: $7,577,144
  • Net Assets: $3,664,929
  • Programs

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

    Scientific Collaborations

    Revenue

    $4,767,966

    Organization Details

    Founding Year

    2009

    Principal Officer

    Luca Foschini

    Main Address

    2901 Third Ave Ste 330, Seattle, WA, 98121

    NTEE Category

    Code: U50 - Science research

    If you are a representative of Sage Bionetworks 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.