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Pasadena Bio Collaborative Incubator

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

EIN: 300150121 ✦ Pasadena, CA ✦ Designated as a 501(c)(3)

Overview

What is Pasadena Bio Collaborative Incubator?

The Pasadena Bio Collaborative Incubator is a nonprofit organization situated in Pasadena, California, with a primary focus on fostering economic development and job creation in Southern California's biotechnology sector. They achieve this by offering educational and training opportunities for prospective employees and providing affordable incubator facilities equipped with shared resources and office space for start-up companies. The incubator's mission is to encourage the growth of an innovative biotechnology industry, thereby contributing to the region's economy and job market. The organization, with a small workforce of two individuals, is dedicated to serving the community in this capacity.


Official website here: www.pasadenabiosci.org

Is Pasadena Bio Collaborative Incubator legitimate?

Pasadena Bio Collaborative Incubator is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pasadena Bio Collaborative Incubator 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,883

For more financial information, click here


Official website here: www.pasadenabiosci.org

What is the mission statement of Pasadena Bio Collaborative Incubator?

The Pasadena Bio Collaborative Incubator is a nonprofit organization dedicated to promoting economic development and job creation in Southern California. Its primary focus is on fostering the growth of an innovative biotechnology industry. To achieve this, the incubator offers educational and training opportunities for potential future employees, providing them with the necessary skills for the sector. Additionally, it offers cost-effective incubator facilities with shared equipment and office space for start-up companies, thereby encouraging the growth of new businesses in the field of biotechnology.


Official website here: www.pasadenabiosci.org

Who is the CEO of Pasadena Bio Collaborative Incubator?

Janice Ohta is the Director of Pasadena Bio Collaborative Incubator.


Official website here: www.pasadenabiosci.org

What is the revenue of Pasadena Bio Collaborative Incubator?

Pasadena Bio Collaborative Incubator's revenue in 2022 was $982,020.


Official website here: www.pasadenabiosci.org

Who are the executives of Pasadena Bio Collaborative Incubator and what are their salaries?

The average compensation at Pasadena Bio Collaborative Incubator during 2022 was $32,442. There are 2 employees and 9 volunteers at Pasadena Bio Collaborative Incubator.

Here are 10 key members and their salaries:

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

    • Alison Baski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie Csete (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Soraya Coley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J David Rozzel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheldon Schuster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Covino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Bogaard (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Bishop (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janice Ohta (Treasurer/Secre)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pasadenabiosci.org

    Where can I find the form 990 for Pasadena Bio Collaborative Incubator?

    The Pasadena Bio Collaborative Incubator’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pasadenabiosci.org

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

    Mission Statement of Pasadena Bio Collaborative Incubator

    The Pasadena Bio Collaborative Incubator, a nonprofit organization, is dedicated to promoting economic growth and job creation in Southern California. Their mission is centered around fostering the development of an innovative biotechnology industry. They achieve this by offering educational and training opportunities to potential future employees, empowering them with the necessary skills. Furthermore, the organization provides cost-effective incubator facilities equipped with shared equipment and office space, specifically catering to start-up companies in this field. By doing so, the Pasadena Bio Collaborative Incubator contributes to the nurturing of new businesses and the advancement of the biotechnology sector.

    Impact

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




    Thursday, August 15, 2024

    Pasadena Bio Collaborative Incubator plays a crucial role in fostering economic development and job creation in Southern California, particularly in the innovative biotechnology industry. By providing educational and training opportunities for potential future employees and offering cost-effective incubator facilities with shared equipment and office space for start-up companies, Pasadena Bio Collaborative Incubator contributes to the growth and success of biotech startups in the region. Through its focused efforts, this organization helps to drive innovation, create employment opportunities, and support the advancement of science research in Southern California.





    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: $22
  • Program Service Revenue: $935,686
  • Gross Receipts: $982,020

    • Assets and Liabilities:
  • Total Assets: $1,191,292
  • Total Liabilities: $111,896
  • Net Assets: $1,079,396
  • Programs

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

    CONSULTING INCOME

    Revenue

    $54,589

    LABORATORY OTHER PROGRAM

    Revenue

    $26,344

    LABORATORY RENTAL FEES

    Revenue

    $854,753

    Organization Details

    Founding Year

    2002

    Principal Officer

    Janice Ohta

    Main Address

    2265 E FOOTHILL BLVD, PASADENA, CA, 91107

    NTEE Category

    Code: U20 - Science research

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