TRANSCELERATE BIOPHARMA INC: Form 990, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- TRANSCELERATE BIOPHARMA INC (EIN 46-0886344)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-14
- IRS object ID
- 202641349349301574
- Schema version
- 2025v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T10:08:51-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 871353108 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNER ADVISORY GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 NORTH 18TH STREET SUITE 3000 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191032757 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460886344 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRANSCELERATE BIOPHARMA INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TRAN | BusinessNameControlTxt |
| Phone | 4845391230 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 CONSHOHOCKEN STATE ROAD 420 | AddressLine1Txt |
| City | WEST CONSHOHOCKEN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JANICE CHANG | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 4845391230 | PhoneNum |
| Signature | 2026-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HELEN M MARTIN | PreparerPersonNm |
| PTIN | P01330899 | PTIN |
| Phone | 2158818800 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JANICE CHANG | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 CONSHOHOCKEN STATE ROAD 420 | AddressLine1Txt |
| City | WEST CONSHOHOCKEN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $34,242,546 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.TRANSCELERATEBIOPHARMAINC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | IMPROVE THE HEALTH OF PEOPLE IN THE WORLD BY ENHANCING THE R&D OF INNOVATIVE THERAPIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 35 | TotalEmployeeCnt |
| Total Volunteers | 28 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $37,402,000 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $33,003,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,193,799 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,239,546 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $38,595,799 | PYTotalRevenueAmt |
| CY Total Revenue | $34,242,546 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,759,153 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,246,091 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $21,980,786 | PYOtherExpensesAmt |
| CY Other Expenses | $21,786,213 | CYOtherExpensesAmt |
| PY Total Expenses | $31,739,939 | PYTotalExpensesAmt |
| CY Total Expenses | $33,032,304 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,855,860 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,210,242 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $55,325,009 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,072,425 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $36,830,722 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $35,380,185 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $18,494,287 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $19,692,240 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ORGANIZATION'S MISSION IS TO COLLABORATE ACROSS THE GLOBAL BIOPHARMACEUTICAL R&D COMMUNITY TO IDENTIFY, DESIGN AND FACILITATE IMPLEMENTATION OF SOLUTIONS DESIGNED TO DRIVE THE EFFICIENT, EFFECTIVE AND HIGH QUALITY DELIVERY OF NEW MEDICINES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $22,040,051 | ExpenseAmt |
| Revenue | $33,003,000 | RevenueAmt |
| Desc | IN 2025, TRANSCELERATE DELIVERED PRACTICAL SOLUTIONS TO SIMPLIFY TRIAL DESIGN AND EXECUTION, STRENGTHEN QUALITY, AND REDUCE BURDEN ACROSS THE R&D ECOSYSTEM. THE APPROACH COMBINED RAPID IMPROVEMENTS FOR IMMEDIATE IMPLEMENTATION WITH LONG-TERM SOLUTIONS TO HELP PROMISING THERAPIES REACH PATIENTS MORE QUICKLY AND SAFELY.THE ORGANIZATION LED 12 ACTIVE INITIATIVES IN 2025 AND LAUNCHED MORE THAN 60 TOOLS AND SOLUTIONS ACROSS THREE AREAS OF FOCUS:- TRANSFORMING CONNECTIVITY: REDEFINING HOW RESEARCH AND CARE INTERACT- INFORMATION SHARING AND REUSE: LEVERAGING EXISTING DATA FOR FASTER DEVELOPMENT- INNOVATIVE TRIAL DESIGN: PUTTING PATIENTS AT THE HEART OF CLINICAL TRIALS.HIGHLIGHTS OF 2025 PROGRESS:- DIGITAL DATA FLOW (DDF): SPONSORS CONTINUED TO ADOPT DDF WHILE GROWING INTEREST FROM SOLUTION PROVIDERS SHOWED THAT DIGITAL PROTOCOL INNOVATION IS MOVING FROM EARLY PILOT TO EVERYDAY PRACTICE.- ICH E6(R3) SUPPORT: FIFTEEN PRACTICAL TOOLS GAVE THE INDUSTRY WAYS TO ADAPT TO MUCH-ANTICIPATED NEW GUIDANCE ON GOOD CLINICAL PRACTICE EARNING WIDE MEDIA COVERAGE ALONG THE WAY.- CLINICAL DATA SHARING: USAGE OF TRANSCELERATE'S DATACELERATE PLATFORM MORE THAN DOUBLED, DEMONSTRATING THE GROWING IMPACT OF DATA REUSE TO REDUCE BURDEN AND IMPROVE TRIAL DESIGN.- PATIENT SAFETY REPORTING: A MANUSCRIPT IN A PROMINENT JOURNAL AND DIALOGUE WITH MULTIPLE HEALTH AUTHORITIES MARKED CRUCIAL FIRST STEPS TOWARD MODERNIZING INDIVIDUAL CASE SAFETY REPORTING. - EMBEDDED PRAGMATIC TRIALS: TRANSCELERATE PUBLISHED A NEW RESOURCE GUIDE AND IN COLLABORATION WITH THE FDA RELEASED A PUBLIC SUMMARY OF A JOINT EXERCISE TO IDENTIFY ACTIONABLE OPPORTUNITIES TO SCALE THE USE OF PRAGMATIC ELEMENTS.TRANSCELERATE HEALTH AUTHORITY DIALOGUE EXPANDED ACROSS FOUR CONTINENTS WITH CONTINUED FOCUS ON PRODUCTIVE COLLABORATION. THE ORGANIZATION ALSO PARTNERED WITH A VARIETY OF OUTSIDE ORGANIZATIONS, INCLUDING WITH THE TUFTS CENTER FOR THE STUDY OF DRUG DEVELOPMENT (CSDD) TO PUBLISH A BENCHMARKING STUDY ON PROTOCOL COMPLEXITY.- TRANSCELERATE GLOBAL REACH AND PRESENCE EXPANDED IN 2025. HIGHLIGHTS INCLUDED HOSTING 8 PUBLIC WEBINARS REACHING 7,000+ PROFESSIONALS, COVERAGE IN 50+ PUBLICATIONS, AND PRESENTATIONS AT MORE THAN 20 CONFERENCES ACROSS NORTH AMERICA, EUROPE, ASIA, AND SOUTH AMERICA.THE ORGANIZATION'S WORK IN 2025 WAS AND WILL CONTINUE TO BE ORIENTED AROUND A VISION OF SEAMLESS CONVERGENCE OF RESEARCH AND CARE, SO THAT TRIAL PARTICIPATION BECOMES A NATURAL PART OF HEALTHCARE PROCESSES. | Desc |
| Total Program Service Expenses | $22,040,051 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 21 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 35 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANTHONY GARGES HEAD OF FINANCE AND ADMINISTRATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4845391230 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 CONSHOHOCKEN STATE ROAD STE 420 | AddressLine1Txt |
| City | WEST CONSHOHOCKEN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| JANICE CHANG | |||||||
| CEO | 40.00 | Yes (X) | Yes (X) | $1,174,019 | $0 | $53,270 | |
| ELIAV BARR | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| KAMRAN ANSARI | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| LIONEL BASCLES | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DIETMAR BERGER | |||||||
| BOARD MEMBER (EFF 3/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| PHILLIPPA BROWN | |||||||
| BOARD MEMBER (EFF 4/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| SERBAN GHIORGHIU | |||||||
| BOARD MEMBER (EFF 8/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| RUCHIRA GLASER | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| LYKKE HINSCH GYLVIN | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH VAN SANT HOFFMAN | |||||||
| BOARD MEMBER (EFF 4/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| NARIMON HONARPOUR | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPH KOENEN | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MARIA KOUTSOPOULOU | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| BARI KOWAL | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| FABIO LIEVANO | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| FIONA DU MONCEAU | |||||||
| BOARD MEMBER (EFF 3/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MARIANNE OLHOLM | |||||||
| BOARD MEMBER (EFF 12/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MICHELLE ROHRER | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MOKASH SHARMA | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| TADAAKI TANIGUCHI | |||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| TAKEKI UEHARA | |||||||
| BOARD MEMBER (EFF 12/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| CHRIS CORSICO | |||||||
| BOARD MEMBER (THRU 3/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| CRISTIAN MASSACESI | |||||||
| BOARD MEMBER (THRU 8/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT METCALF | |||||||
| BOARD MEMBER (THRU 3/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MERDAD PARSEY | |||||||
| BOARD MEMBER (THRU 3/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| TOM SENDEROVITZ | |||||||
| BOARD MEMBER (THRU 10/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| BADHRI SRINIVASAN | |||||||
| BOARD MEMBER (THRU 1/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| TAKUKO YAMADA-SAWADA | |||||||
| BOARD MEMBER (THRU 12/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| IRIS LOEW-FRIEDRICH | |||||||
| BOARD MEMBER (THRU 3/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| ALLISON CUFF SHIMOOKA | |||||||
| COO | 40.00 | Yes (X) | $657,690 | $0 | $59,759 | ||
| JENNIFER SHELLER | |||||||
| TREASURER (EFF 8/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| RAJA MANGIPUDY | |||||||
| CORPORATE SECRETARY (EFF 4/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW LEE | |||||||
| TREASURER (THRU 6/2025) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER BURGESS | |||||||
| VP, GLOBAL COMM & ENGAG (THRU 7/2025) | 40.00 | $486,057 | $0 | $51,172 | Yes (X) | ||
| CARA RINALDI | |||||||
| VP, PORTFOLIO MANAGEMENT | 40.00 | $448,212 | $0 | $59,095 | Yes (X) | ||
| ANTHONY GARGES | |||||||
| HEAD OF FINANCE & ADMINISTRATION | 40.00 | $435,545 | $0 | $58,512 | Yes (X) | ||
| JENEEN DONADEO | |||||||
| EXEC. PORTFOLIO DIRECTOR | 40.00 | $411,601 | $0 | $47,045 | Yes (X) | ||
| ROBERT DICICCIO | |||||||
| VP, PORTFOLIO MANAGEMENT | 40.00 | $435,340 | $0 | $55,553 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,048,464 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $384,406 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 28 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|
| PA CONSULTING GROUP INC | ||||||||
| 10 BRESSENDEN PLACE | LONDON | UK | CONSULTING SERVICES | $6,966,076 | ||||
| KILPATRICK TOWNSEND | ||||||||
| LEGAL SERVICES | $3,025,405 | 601 14TH STREET NW SUITE 900 | WASHINGTON | DC | 20005 | |||
| ACCENTURE LLP | ||||||||
| CONSULTING & IT SERVICES | $2,931,600 | 161 N CLARK STREET | CHICAGO | IL | 60601 | |||
| VYNAMIC LLC | ||||||||
| CONSULTING SERVICES | $1,606,532 | 1600 ARCH STREET | PHILADELPHIA | PA | 19103 | |||
| ARTEMIS FACTOR LLC | ||||||||
| CONSULTING SERVICES | $1,392,285 | 314 CARLYLE ROAD | WEST CHESTER | PA | 19382 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 21 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBERSHIP DUES | Desc |
| Business | 541900 | BusinessCd |
| Total Revenue Column | $33,003,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $33,003,000 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $33,003,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,239,546 | TotalRevenueColumnAmt |
| Exclusion | $1,239,546 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,242,546 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $33,003,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,239,546 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,940,738 | TotalAmt |
| Management And General | $1,940,738 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,729,478 | TotalAmt |
| Program Services | $4,365,622 | ProgramServicesAmt |
| Management And General | $3,363,856 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,338 | TotalAmt |
| Program Services | $203,902 | ProgramServicesAmt |
| Management And General | $96,436 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $812,560 | TotalAmt |
| Program Services | $420,882 | ProgramServicesAmt |
| Management And General | $391,678 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $462,977 | TotalAmt |
| Program Services | $307,105 | ProgramServicesAmt |
| Management And General | $155,872 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,005,795 | TotalAmt |
| Program Services | $1,739,172 | ProgramServicesAmt |
| Management And General | $1,266,623 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,458 | TotalAmt |
| Management And General | $26,458 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,388,053 | TotalAmt |
| Program Services | $12,990,192 | ProgramServicesAmt |
| Management And General | $1,397,861 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,337 | TotalAmt |
| Program Services | $17,360 | ProgramServicesAmt |
| Management And General | $22,977 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,848 | TotalAmt |
| Management And General | $59,848 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,599,472 | TotalAmt |
| Program Services | $1,873,710 | ProgramServicesAmt |
| Management And General | $725,762 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $364,676 | TotalAmt |
| Management And General | $364,676 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $580,873 | TotalAmt |
| Program Services | $121,043 | ProgramServicesAmt |
| Management And General | $459,830 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $359,588 | TotalAmt |
| Program Services | $1,063 | ProgramServicesAmt |
| Management And General | $358,525 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,011 | TotalAmt |
| Management And General | $262,011 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| EXCESS COMPENSATION TAX | $36,861 | $36,861 |
| RECRUITING | $35,896 | $35,896 |
| ADMINISTRATIVE FEES | $18,454 | $18,454 |
| BOOKS, SUBSCRIPTIONS, R | $6,916 | $6,916 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $975 | TotalAmt |
| Management And General | $975 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,032,304 | TotalAmt |
| Program Services | $22,040,051 | ProgramServicesAmt |
| Management And General | $10,992,253 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,528,531 | BOYAmt |
| EOY | $2,528,020 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,990,173 | BOYAmt |
| EOY | $25,203,908 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,577,703 | BOYAmt |
| EOY | $27,074,905 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,619 | BOYAmt |
| EOY | $238,609 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,983 | BOYAmt |
| EOY | $26,983 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,325,009 | BOYAmt |
| EOY | $55,072,425 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,827,722 | BOYAmt |
| EOY | $3,778,185 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,003,000 | BOYAmt |
| EOY | $31,602,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,830,722 | BOYAmt |
| EOY | $35,380,185 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,494,287 | BOYAmt |
| EOY | $19,692,240 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,494,287 | BOYAmt |
| EOY | $19,692,240 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,325,009 | BOYAmt |
| EOY | $55,072,425 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,210,242 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$12,289 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (1) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JANICE CHANG | ||||||||||||||
| CEO | $810,141 | $0 | $363,878 | $0 | $0 | $0 | $21,000 | $0 | $32,270 | $0 | $1,227,289 | $0 | $0 | $0 |
| ALLISON CUFF SHIMOOKA | ||||||||||||||
| COO | $456,067 | $0 | $201,623 | $0 | $0 | $0 | $21,000 | $0 | $38,759 | $0 | $717,449 | $0 | $0 | $0 |
| JENNIFER BURGESS | ||||||||||||||
| VP, GLOBAL COMM & ENGAG (THRU 7/2025 | $221,441 | $0 | $105,579 | $0 | $159,037 | $0 | $14,155 | $0 | $37,017 | $0 | $537,229 | $0 | $0 | $0 |
| CARA RINALDI | ||||||||||||||
| VP, PORTFOLIO MANAGEMENT | $337,322 | $0 | $110,890 | $0 | $0 | $0 | $0 | $0 | $59,095 | $0 | $507,307 | $0 | $0 | $0 |
| ANTHONY GARGES | ||||||||||||||
| HEAD OF FINANCE & ADMINISTRATION | $351,179 | $0 | $84,366 | $0 | $0 | $0 | $21,000 | $0 | $37,512 | $0 | $494,057 | $0 | $0 | $0 |
| ROBERT DICICCIO | ||||||||||||||
| VP, PORTFOLIO MANAGEMENT | $328,123 | $0 | $107,217 | $0 | $0 | $0 | $2,042 | $0 | $53,511 | $0 | $490,893 | $0 | $0 | $0 |
| JENEEN DONADEO | ||||||||||||||
| EXEC. PORTFOLIO DIRECTOR | $317,681 | $0 | $93,920 | $0 | $0 | $0 | $21,000 | $0 | $26,045 | $0 | $458,646 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE ORGANIZATION'S EXECUTIVE COMPENSATION COMMITTEE, CONSISTING OF INDEPENDENT DIRECTORS, ANNUALLY REVIEWS AND APPROVES THE CEO'S COMPENSATION PACKAGE. THE CEO APPROVES THE COMPENSATION FOR THE CHIEF OPERATING OFFICER, AND ALL OTHER KEY EMPLOYEES. |
| PART I, LINE 4A | VICE PRESIDENT, GLOBAL COMMUNICATIONS & ENGAGEMENT RECEIVED A SEVERANCE THROUGH MARCH 2026 OF SALARY, COBRA AND AN $8,000 REIMBURSEMENT FOR TRANSITION COACHING SERVICES. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 6, TOTAL NUMBER OF VOLUNTEERS: | THE TOTAL NUMBER OF VOLUNTEERS OF 21, ENCOMPASSES ALL ACTIVE BOARD MEMBER THROUGHOUT THE CALENDAR YEAR. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS OF THE CORPORATION CONSIST OF SUCH FIRMS AND CORPORATIONS THAT ARE APPROVED FOR MEMBERSHIP FROM TIME TO TIME BY THE BOARD OF DIRECTORS OR ITS DESIGNEES IN ACCORDANCE WITH THE POLICIES AND PROCEDURES OF THE CORPORATION. THE CORPORATION HAS THE FOLLOWING CATEGORIES OF MEMBERS: A. TIER I MEMBERS - TO BE ELIGIBLE FOR TIER I MEMBERSHIP, A FIRM OR CORPORATION MUST BE A PHARMACEUTICAL OR BIOTECHNOLOGY COMPANY WITH AN ANNUAL BUDGET FOR RESEARCH AND DEVELOPMENT IN EXCESS OF AN AMOUNT EQUAL TO $3.3 BILLION AS OF JANUARY 1, 2024, WHICH AMOUNT SHALL THEREAFTER BE ADJUSTED FOR INFLATION IN ACCORDANCE WITH THE U.S. CPI INDEX (THE "TIER I THRESHOLD"). THE ADJUSTED TIER I THRESHOLD SHALL BE ANNOUNCED TO THE MEMBERS PERIODICALLY BY THE FINANCE COMMITTEE OR THE BOARD OF DIRECTORS. ELIGIBILITY FOR TIER I MEMBERSHIP IS ESTABLISHED BASED UPON THE AVERAGE OF A COMPANY'S PUBLICALLY AVAILABLE RESEARCH AND DEVELOPMENT EXPENDITURES OVER THE PRECEDING THREE (3) YEAR PERIOD. THE INITIAL TIER I MEMBERS ARE FURTHER DEFINED AS THE "CHARTER MEMBERS." B. TIER II MEMBERS - TO BE ELIGIBLE FOR TIER II MEMBERSHIP, A FIRM OR CORPORATION MUST BE A PHARMACEUTICAL OR BIOTECHNOLOGY COMPANY WITH AN ANNUAL BUDGET FOR RESEARCH AND DEVELOPMENT THAT IS LESS THAN THE TIER I THRESHOLD BUT MORE THAN AN AMOUNT EQUAL TO $134 MILLION AS OF JANUARY 1, 2024, WHICH AMOUNT SHALL THEREAFTER BE ADJUSTED FOR INFLATION IN ACCORDANCE WITH THE U.S. CPI INDEX (THE "TIER II THRESHOLD"). THE ADJUSTED TIER II THRESHOLD SHALL BE ANNOUNCED TO THE MEMBERS PERIODICALLY BY THE FINANCE COMMITTEE OR THE BOARD OF DIRECTORS.. ELIGIBILITY FOR TIER II MEMBERSHIP WILL BE ESTABLISHED BASED UPON THE AVERAGE OF A COMPANY'S PUBLICALLY AVAILABLE RESEARCH AND DEVELOPMENT EXPENDITURES OVER THE PRECEDING THREE (3) YEAR PERIOD. C. ASSOCIATE MEMBERS - TO BE ELIGIBLE FOR ASSOCIATE MEMBERSHIP, A FIRM OR CORPORATION MUST BE A PHARMACEUTICAL OR BIOTECHNOLOGY COMPANY WITH AN ANNUAL BUDGET FOR RESEARCH AND DEVELOPMENT THAT IS LESS THAN THE TIER II THRESHOLD. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD OF DIRECTORS SHALL BE COMPRISED OF UP TO TWENTY-FOUR (24) DIRECTORS; PROVIDED THAT: (I) TEN (10) SEATS ARE FILLED BY DIRECTORS WHO ARE REPRESENTATIVES OF THE CHARTER MEMBERS; (II) UP TO SEVEN (7) ADDITIONAL SEATS SHALL BE FILLED BY DIRECTORS WHO ARE REPRESENTATIVES OF THE TIER I MEMBERS WHO ARE NOT CHARTER MEMBERS; (III) UP TO SIX (6) SEATS SHALL BE FILLED BY DIRECTORS WHO ARE REPRESENTATIVES OF THE TIER II MEMBERS; AND (IV) ONE (1) SEAT SHALL BE FILLED BY THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION. THE CORPORATION'S BYLAWS STATE THAT DIRECTORS SHALL BE ELECTED OR APPOINTED, AS APPLICABLE, ANNUALLY AT THE ANNUAL MEETING OF MEMBERS AND SHALL SERVE UNTIL THE FOLLOWING ANNUAL MEETING OF MEMBERS AND UNTIL THEIR SUCCESSORS ARE ELECTED OR APPOINTED, AS APPLICABLE, AND QUALIFIED. EACH CHARTER MEMBER SHALL HAVE THE RIGHT TO APPOINT A REPRESENTATIVE OF THE CHARTER MEMBER TO SERVE AS A CHARTER MEMBER DIRECTOR. TIER I AT-LARGE DIRECTORS SHALL BE ELECTED BY A PLURALITY VOTE OF THE TIER I MEMBERS, WHICH INCLUDE THE CHARTER MEMBERS. TIER II DIRECTORS SHALL BE ELECTED BY A PLURALITY VOTE OF THE TIER II MEMBERS. THE CEO DIRECTOR SHALL SERVE EX-OFFICIO, FOR SO LONG AS HE OR SHE SHALL HOLD THE OFFICE OF CHIEF EXECUTIVE OFFICER. EACH TIER I MEMBER SHALL BE ENTITLED TO THREE (3) VOTES AT EVERY MEETING OF MEMBERS ON MATTERS WHICH TIER I MEMBERS ARE ENTITLED TO VOTE. EACH TIER II MEMBER SHALL BE ENTITLED TO ONE (1) VOTE AT EVERY MEETING OF MEMBERS ON MATTERS WHICH TIER II MEMBERS ARE ENTITLED TO VOTE. ASSOCIATE MEMBERS SHALL BE ENTITLED TO NOTICE OF AND TO ATTEND MEETINGS OF THE MEMBERS BUT SHALL NOT BE ENTITLED TO VOTE AT SUCH MEETINGS. NOTWITHSTANDING THE ABOVE, IN ORDER TO BE ELIGIBLE TO VOTE, A MEMBER MUST BE IN GOOD STANDING AND ITS DUES AND ASSESSMENTS PAID IN FULL. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FINANCE COMMITTEE AND MANAGEMENT REVIEW AND APPROVE THE FORM 990. THE FORM IS THEN DISTRIBUTED TO ALL MEMBERS OF THE BOARD FOR THEIR REVIEW BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH DIRECTOR AND OFFICER OF THE CORPORATION IS REQUIRED TO ANNUALLY ACKNOWLEDGE THE CONFLICT OF INTEREST POLICY, AFFIRMING THAT SUCH PERSON HAS RECEIVED, READ AND UNDERSTANDS, AND AGREED TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION'S EXECUTIVE COMPENSATION COMMITTEE, CONSISTING OF INDEPENDENT DIRECTORS, ANNUALLY REVIEWS AND APPROVES THE CEO'S COMPENSATION PACKAGE. THE CEO APPROVES THE COMPENSATION FOR THE CHIEF OPERATING OFFICER, AND ALL OTHER KEY EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND OTHER CORPORATE POLICIES ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PROJECT MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 10,226,712. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,226,712. EXTERNAL CONTRACTOR SUPPORT: PROGRAM SERVICE EXPENSES 2,146,789. MANAGEMENT AND GENERAL EXPENSES 152,626. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,299,415. COMMUNICATIONS FEES: PROGRAM SERVICE EXPENSES 616,691. MANAGEMENT AND GENERAL EXPENSES 1,243,573. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,860,264. PAYROLL EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,662. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,662. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BIOCELERATE LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 CONSHOHOCKEN STATE ROAD STE 420 | AddressLine1Txt |
| City | WEST CONSHOHOCKEN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 475492971 | EIN |
| Primary Activities | TO IMPROVE EFFICIENCIES IN PRECLINICAL RESEARCH. | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $1,037,224 | TotalIncomeAmt |
| End Of Year Assets | $1,740,865 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRANSCELERATE BIOPHARMA INC | BusinessNameLine1Txt |