Bioindustrial Manufacturing And Design Ecosystem Inc

Biomade

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

EIN: 851800999 ✦ Martinez, CA ✦ Designated as a 501(c)(6)

Overview

What is Bioindustrial Manufacturing And Design Ecosystem Inc?

Bioindustrial Manufacturing and Design Ecosystem Inc, also known as BIOMADE, is a California-based nonprofit organization with a mission to secure America's future by driving innovation, education, and collaboration in bioindustrial manufacturing. During FY22, BIOMADE initiated several projects and received significant awards, including $28.5MM in grants for technical and workforce development. They also received over $8MM from the National Institute of Standards and Technology. The organization's annual meeting featured technology demonstrations and networking opportunities. BIOMADE aims to enable domestic manufacturing at all scales, develop technologies to enhance U.S. competitiveness, de-risk infrastructure investment, and expand the biomanufacturing workforce to realize the economic promise of industrial biotechnology. Their vision is to build a sustainable, end-to-end bioindustrial manufacturing ecosystem. BIOMADE has a workforce of eight individuals.


Official website here: www.biomade.org

Is Bioindustrial Manufacturing And Design Ecosystem Inc legitimate?

Bioindustrial Manufacturing And Design Ecosystem Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bioindustrial Manufacturing And Design Ecosystem 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: $595,128
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,753,539

For more financial information, click here


Official website here: www.biomade.org

What is the mission statement of Bioindustrial Manufacturing And Design Ecosystem Inc?

The Bioindustrial Manufacturing and Design Ecosystem Inc is dedicated to securing America's future by driving innovation, education, and collaboration in the field of bioindustrial manufacturing. The organization's mission is to facilitate the growth of bioindustrial manufacturing at various scales, advance technologies that enhance US competitiveness, mitigate risks in relevant infrastructure investments, and expand the biomanufacturing workforce to unlock the economic potential of industrial biotechnology. This is accomplished by fostering collaboration and innovation to reduce barriers to scale-up and commercialization, accelerate technology deployment, and redevelop existing biotechnology to strengthen national competitiveness. BioMADE's vision is to create a sustainable, end-to-end domestic bioindustrial manufacturing ecosystem.


Official website here: www.biomade.org

Who is the CEO of Bioindustrial Manufacturing And Design Ecosystem Inc?

Douglas Friedman is the President/Ceo & Chair of Bioindustrial Manufacturing And Design Ecosystem Inc. The CEO's salary of Bioindustrial Manufacturing And Design Ecosystem Inc is $170,115 and their total compensation is $332,087.


Official website here: www.biomade.org

What is the revenue of Bioindustrial Manufacturing And Design Ecosystem Inc?

Bioindustrial Manufacturing And Design Ecosystem Inc's revenue in 2022 was $12,257,273.


Official website here: www.biomade.org

Who are the executives of Bioindustrial Manufacturing And Design Ecosystem Inc and what are their salaries?

The average compensation at Bioindustrial Manufacturing And Design Ecosystem Inc during 2022 was $293,583. There are 8 employees at Bioindustrial Manufacturing And Design Ecosystem Inc.

Here are 8 key members and their salaries (Bioindustrial Manufacturing And Design Ecosystem Inc's CEO's salary is $170,115 and their total compensation is $332,087):

    Douglas Friedman (President/Ceo & Chair) [Trustee/Director]
  • Compensation: $170,115
  • Related: $143,273
  • Other: $18,699

    • Diane Pierotti (Cfo/Treasurer)
  • Compensation: $0
  • Related: $17,162
  • Other: $0

    • Chris Cramer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Keasling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Ursin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristala Prather (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jayne Laiprasert (Secretary (Since Mar 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.biomade.org

    Where can I find the form 990 for Bioindustrial Manufacturing And Design Ecosystem Inc?

    The Bioindustrial Manufacturing And Design Ecosystem Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.biomade.org

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

    Mission Statement of Bioindustrial Manufacturing And Design Ecosystem Inc

    Bioindustrial Manufacturing and Design Ecosystem Inc, referred to as BIOMADE, is dedicated to ensuring America's future by fostering innovation, education, and collaboration in the realm of bioindustrial manufacturing. BIOMADE's mission lies in enabling domestic bioindustrial manufacturing at all scales, developing technologies that bolster U.S. competitiveness, mitigating risks in relevant infrastructure investment, and expanding the biomanufacturing workforce. The organization catalyzes collaboration and innovation to achieve the following objectives:

    Firstly, BIOMADE endeavors to reduce barriers to scaling up and commercialization in the bioindustrial sector. This is crucial to create a thriving ecosystem for novel, disruptive business models. Secondly, the organization accelerates the deployment of technology to bring about transformative advancements in the industry. By redeveloping existing biotechnology, BIOMADE aims to enhance national competitiveness and fuel economic growth in the bioindustry.

    BIOMADE's vision is to construct a sustainable, domestic end-to-end bioindustrial manufacturing ecosystem. This vision is brought to life through its commitment to fostering a collaborative environment, driving innovation, and supporting the development of a skilled workforce. The organization's efforts are geared towards creating a robust ecosystem that supports the growth and success of bioindustrial businesses while maintaining a focus on U.S. competitiveness and economic promise.

    Impact

    This information is meant to be a general summary of Bioindustrial Manufacturing And Design Ecosystem Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Bioindustrial Manufacturing And Design Ecosystem Inc, operating as BIOMADE, is making significant strides in securing America's future through bioindustrial manufacturing innovation, education, and collaboration. In the fiscal year 2022, BIOMADE initiated technical and education projects, resulting in awards valued at $28.5 million. It also received two awards totaling over $8 million from the National Institute of Standards and Technology. Additionally, BIOMADE hosted its first annual member meeting, showcasing technology and education projects while offering networking opportunities.

    By enabling domestic bioindustrial manufacturing at all scales and developing technologies to enhance U.S. competitiveness in this sector, BIOMADE is crucial in derisking investments in relevant infrastructure and expanding the biomanufacturing workforce. Through its mission to catalyze collaboration and innovation, BIOMADE is actively reducing barriers to scale-up and commercialization, accelerating technology deployment, and redeveloping existing biotechnology to enhance national competitiveness.

    BIOMADE's vision of building a sustainable, domestic end-to-end bioindustrial manufacturing ecosystem aligns with its commitment to community improvement. The impact of BIOMADE's work is evident in its contributions towards shaping the future of industrial biotechnology in America and fostering economic growth.





    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: $1,594
  • Program Service Revenue: $1,457,611
  • Gross Receipts: $12,257,273

    • Assets and Liabilities:
  • Total Assets: $11,103,807
  • Total Liabilities: $9,252,858
  • Net Assets: $1,850,949
  • Programs

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

    MEMBERSHIP DUES

    Revenue

    $1,457,611

    Organization Details

    Founding Year

    2020

    Principal Officer

    Douglas Friedman

    Main Address

    1155-C ARNOLD DRIVE 523, MARTINEZ, CA, 94553

    NTEE Category

    Code: S40 - Community improvement

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