2022-09-27T10:47:23-05:00 2021-12-31 420714325 RSM US LLP 1250 H STREET SUITE 700 WASHINGTON DC 20005 990 2021-01-01 526050847 THE BIOPHYSICAL SOCIETY BIOP 2402905600 5515 SECURITY LANE 1110 ROCKVILLE MD 208525013 JENNIFER L PESANELLI EXECUTIVE OFFICER 2402905600 2022-09-23 1 JENNIFER PESANELLI 999009999 SARA SMITH P01332734 2022932200 2022-09-23 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z BPS JENNIFER L PESANELLI 5515 SECURITY LANE 1110 ROCKVILLE MD 208525013 13674177 0 X WWW.BIOPHYSICS.ORG X 1959 OH THE BIOPHYSICAL SOCIETY CONVENES AND CONNECTS A GLOBAL COMMUNITY OF SCIENTISTS WORKING AT THE INTERFACE OF THE PHYSICAL AND LIFE SCIENCES AND CREATES, SHARES, AND ADVOCATES FOR BIOPHYSICAL KNOWLEDGE AND METHODS THROUGH PROGRAMS AND COMMUNITIES THAT SUPPORT BIOPHYSICS. 17 17 18 100 14417 2233 81798 114711 4197943 2772158 342185 720525 28100 56791 4650026 3664185 204323 132709 0 0 2192868 2171477 0 0 0 2381410 1283183 4778601 3587369 -128575 76816 19514306 21767056 1361479 2124174 18152827 19642882 X THE BIOPHYSICAL SOCIETY CONVENES AND CONNECTS A GLOBAL COMMUNITY OF SCIENTISTS WORKING AT THE INTERFACE OF THE PHYSICAL AND LIFE SCIENCES AND CREATES, SHARES, AND ADVOCATES FOR BIOPHYSICAL KNOWLEDGE AND METHODS THROUGH PROGRAMS AND COMMUNITIES THAT SUPPORT BIOPHYSICS. 0 0 756867 42490 686110 ANNUAL MEETING-BPS' ANNUAL MEETING FACILITATES THE SHARING OF INFORMATION AND RESEARCH IN THE BIOPHYSICAL SCIENCES. 440447 1425309 JOURNALS-THE BIOPHYSICAL JOURNAL IS A SEMIMONTHLY PUBLICATION OF BPS. IT INCLUDES ORIGINAL ARTICLES, LETTERS AND REVIEWS ON MOLECULAR, CELLULAR AND GENERAL BIOPHYSICS. AREAS COVERED INCLUDE: BIOENERGETICS, BIOPHYSICAL THEORY AND MODELING, CHANNELS/RECEPTORS/TRANSPORTERS, CELL BIOPHYSICS, ELECTROPHYSIOLOGY, MEMBRANES, MUSCLE AND CONTRACTILITY, NUCLEIC ACIDS, PHOTOBIOPHYSICS, PROTEINS, SPECTROSCOPY, AND SUPRAMOLECULAR ASSEMBLIES.THE BIOPHYSICIST PUBLICATION AIMS TO HIGHLIGHT AND NURTURE EDUCATION, AND ITS SCHOLARSHIP AND DEVELOPMENT. THE JOURNAL SERVES A WORLDWIDE, BROAD AUDIENCE TO MAKE FUNDAMENTAL CONCEPTS AND TECHNIQUES IN BIOPHYSICS (AND RELATED DISCIPLINES), AS WELL AS EVIDENCE-BASED PEDAGOGICAL PRACTICE ACCESSIBLE TO INDIVIDUALS AT ALL LEVELS: K-12 AND PUBLIC OUTREACH, UNDERGRADUATE, GRADUATE AND POST-GRADUATE STUDENTS/TRAINEES, ACTIVE RESEARCHERS, AND SCHOLARS OF BIOPHYSICS TEACHING AND LEARNING. THIS GOAL WILL BE ACHIEVED BY BOTH ACADEMIC ARTICLES AND INFORMAL REPORTS THAT REFLECT THE INTERDISCIPLINARY NATURE OF BIOPHYSICS EDUCATION AND THE ACTIVITIES OF BIOPHYSICISTS IN A VARIETY OF SCIENTIFIC FIELDS. 236084 90219 661006 PUBLIC AFFAIRS-THE BIOPHYSICAL SOCIETY INVESTS IN PUBLIC POLICY EFFORTS ON BEHALF OF ITS MEMBERS AND THE SCIENCE OF BIOPHYSICS. THROUGH ITS PUBLIC AFFAIRS COMMITTEE, IT KEEPS SOCIETY MEMBERS CURRENT ON RELEVANT LEGISLATION AND SCIENCE POLICY ISSUES. THE SOCIETY HAS TAKEN THE INITIATIVE IN ADVOCATING FOR INCREASED FUNDING AT THE INTERFACE BETWEEN THE LIFE SCIENCES AND PHYSICAL SCIENCES. 7765 OTHER MEETINGSTHEMATIC MEETINGSEACH YEAR, THE BIOPHYSICAL SOCIETY SPONSORS SMALL, FOCUSED-TOPIC MEETINGS THAT ARE ORGANIZED BY SOCIETY MEMBERS. THE SOCIETY PROVIDES PARTIAL FINANCIAL UNDERWRITING SUPPORT IN ADDITION TO COMPLETE MEETING MANAGEMENT, INCLUDING ALL WEB AND ONSITE MANAGEMENT. THE SOCIETY HAS SPONSORED THESE THEMATIC MEETINGS, WHICH HAVE BEEN HELD IN VARIOUS LOCATIONS AROUND THE WORLD, SINCE 2010. THESE MEETINGS ARE UNIQUE AND EXCITING BECAUSE THEY BRING TOGETHER RESEARCHERS FROM DISPARATE FIELDS WHO DO NOT OTHERWISE ATTEND THE SAME EVENTS, BRINGING DIFFERENT PERSPECTIVES TO ADDRESS A COMMON PROBLEM. BPS CONFERENCESTHE BIOPHYSICAL SOCIETY WILL BEGIN SPONSORING SMALL (100-150 ATTENDEES), RECURRING (BIENNIAL TO TRIENNIAL), MULTI-DAY CONFERENCES ON FOCUSED TOPICS WITHIN THE BROAD REALM OF BIOPHYSICS. THESE CONFERENCES, HELD PRIMARILY IN THE UNITED STATES AND BETWEEN THE MONTHS OF MAY AND AUGUST, OFFER A UNIQUE OPPORTUNITY TO BRING TOGETHER SENIOR RESEARCHERS, POSTDOCTORAL RESEARCHERS, AND STUDENTS TO DISCUSS THE LATEST CUTTING-EDGE RESEARCH IN SIMILAR SCIENTIFIC AREAS. TWO TO THREE PROPOSALS WILL BE SELECTED EACH YEAR, AND THE SOCIETY WILL PROVIDE OVERSIGHT AND MANAGEMENT OF THE CONFERENCES. 7765 1441163 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 35 0 1 18 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 1 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 0 0 MD X HARRIS POVICH 2402905600 5515 SECURITY LANE 1110 ROCKVILLE MD 208525013 FRANCES SEPAROVIC PRESIDENT 1.00 X X 0 0 0 GAIL ROBERTSON PRESIDENT-ELECT 1.00 X X 0 0 0 ERIN SHEETS SECRETARY 1.00 X X 0 0 0 SAMANTHA HARRIS TREASURER 1.00 X X 0 0 0 KALINA HRISTOVA TREASURER 1.00 X X 0 0 0 CATHY ROYER PAST PRESIDENT 1.00 X X 0 0 0 ANNA MORONI COUNCIL MEMBER 1.00 X 0 0 0 CAROLYNN MOORES COUNCIL MEMBER 1.00 X 0 0 0 DAVID STOKES COUNCIL MEMBER 1.00 X 0 0 0 ERIN DUEBER COUNCIL MEMBER 1.00 X 0 0 0 FRANCESCA MARASSI COUNCIL MEMBER 1.00 X 0 0 0 GILAD HARAN COUNCIL MEMBER 1.00 X 0 0 0 JENNIFER ROSS COUNCIL MEMBER 1.00 X 0 0 0 JOSEPH MINDELL COUNCIL MEMBER 1.00 X 0 0 0 LINDA COLUMBUS COUNCIL MEMBER 1.00 X 0 0 0 MARTA FILIZOLA COUNCIL MEMBER 1.00 X 0 0 0 MICHELLE DIGMAN COUNCIL MEMBER 1.00 X 0 0 0 PERNILLA WITTUNG-STAFSHEDE COUNCIL MEMBER 1.00 X 0 0 0 HENRY COLECRAFT COUNCIL MEMBER 1.00 X 0 0 0 KUMIKO HAYASHI COUNCIL MEMBER 1.00 X 0 0 0 SUSAN MARQUSEE COUNCIL MEMBER 1.00 X 0 0 0 KANDICE TANNER COUNCIL MEMBER 1.00 X 0 0 0 JENNIFER PESANELLI EXECUTIVE OFFICER 37.50 X 284448 0 44342 HARRIS POVICH DIRECTOR OF FINANCE & OPERATIONS 37.50 X 160826 0 50718 RAY WOLFE CREATIVE DRCTR & IT SYSTMS ENGINR 37.50 X 106026 0 11777 DOROTHY CHACONAS DIRECTOR OF MEETINGS & EXHIBITS 37.50 X 107101 0 45530 ELIZABETH VUONG DIR OF MARKETING, COMM & OUTREACH 37.50 X 108302 0 13654 SARAVANAN RAMUSHANMUGAM DIRECTOR OF INFORMATION TECHNOLOGY 37.50 X 158611 0 24959 925314 0 190980 7 0 1 0 MORGAN STANLEY 1585 BROADWAY NEW YORK NY 10036 INVESTMENT MANAGEMENT 170551 1 114711 114711 PUBLICATIONS 541800 1439726 1425309 14417 ANNUAL MEETING 990099 686110 686110 MEMBERSHIP DUES 990099 543460 543460 PUBLIC AFFAIRS 990099 59942 59942 SUB GROUPS 990099 42920 42920 2772158 318126 318126 10410558 10008159 402399 402399 402399 2100 1833 267 267 MISCELLANEOUS INCOME 990099 56524 56524 56524 3664185 2758008 14417 777049 126299 126299 6410 6410 330512 115479 215033 1446813 505507 941306 136417 47663 88754 138941 48545 90396 118794 41506 77288 10600 3938 6662 19858 19858 170551 170551 172730 172730 9750 9750 146313 57519 88794 141078 8566 132512 187392 187392 3645 2623 1022 271275 262385 8890 19560 19560 8709 8709 MISCELLANEOUS 72825 42304 30521 DUES, MEMBERSHIPS, REGI 34952 15854 19098 AWARDS ADMIN 8075 0 8075 HONORARIUM 5810 0 5810 60 -25915 25975 3587369 1441163 2146206 0 866342 1700470 687450 766790 229779 290719 196756 163623 48662 33133 17682073 18975944 19514306 21767056 200446 241966 997458 1723726 163575 158482 1361479 2124174 X 17704863 19088563 447964 554319 18152827 19642882 19514306 21767056 76816 1413239 0 X X 0 1 X 1 0 X 262275 225530 69176 81798 114711 753490 4370359 4276578 1026109 4170449 2759841 16603336 4632634 4502108 1095285 4252247 2874552 17356826 10306 11610 475 7235 7080 36706 1286689 1284279 480357 1395715 1385797 5832837 1296995 1295889 480832 1402950 1392877 5869543 11487283 283075 323582 160297 308162 318126 1393242 283075 323582 160297 308162 318126 1393242 23850 5464 21528 2764 53606 21718 27133 29441 26114 56524 160930 4961277 4858287 1306551 4586523 3251966 18964604 0.60570 0.64430 0.07350 0.06610 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INCOME FROM ACTIVITIES NOT REGULARLY CARRIED ON PART III, SHORT YEAR EXPLANATION: THE INFORMATION IN THE 2019 COLUMN REFLECTS THE SHORT PERIOD FROM 7/1/2019 TO 12/31/2019 DUE TO A CHANGE IN ACCOUNTING PERIOD. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 3416818 3416818 320841 80210 0 0 387428 233954 381373 320841 1323596 1985394 96857 58489 95343 80210 330899 496349 184711 915 14408 5500 194534 174738 940 14533 5500 184711 165152 740 8846 174738 87467 72340 10797 5452 165152 86674 1263 3074 3544 87467 0.81820 0.18180 0 0 145892 133493 12399 50864 30130 20734 33133 DEFERRED RENT 158482 158482 X 4908706 1413239 1413239 3495467 170551 -1833 168718 3664185 3418651 1833 1833 3416818 170551 170551 3587369 PART V, LINE 4: THE ENDOWMENT WILL BE USED TO FUND THE IGNACIO TINOCO AWARD AND THE KAZUHIKO KINOSITA AWARD IN SINGLE MOLECULE BIOPHYSICS. PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2021, THE SOCIETY HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -1,833. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,833. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING GRANTS TO FOREIGN RECIPIENTS EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING GRANTS TO FOREIGN RECIPIENTS 350 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING GRANTS TO FOREIGN RECIPIENTS 2330 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING GRANTS TO FOREIGN RECIPIENTS 100 NORTH AMERICA 0 0 GRANTMAKING GRANTS TO FOREIGN RECIPIENTS 200 RUSSIA AND NEIGHBORING STATES 0 0 GRANTMAKING GRANTS TO FOREIGN RECIPIENTS 130 SOUTH AMERICA 0 0 GRANTMAKING GRANTS TO FOREIGN RECIPIENTS 3000 SOUTH ASIA 0 0 GRANTMAKING GRANTS TO FOREIGN RECIPIENTS 300 0 0 0 0 0 0 6410 0 6410 TRAVEL AWARDS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 CHECKS AND WIRES TRAVEL AWARDS/SOCIETY AWARD EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 17 2330 CHECKS AND WIRES TRAVEL AWARDS MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 1 100 CHECKS AND WIRES TRAVEL AWARDS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 2 200 CHECKS AND WIRES TRAVEL AWARDS RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 1 130 CHECKS AND WIRES TRAVEL AWARDS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 4 300 CHECKS AND WIRES TRAVEL AWARDS EAST ASIA AND THE PACIFIC 4 350 CHECKS AND WIRES TRAVEL AWARDS/SOCIETY AWARDS/SUBGROUP AWARD SOUTH AMERICA 2 3000 CHECKS AND WIRES 0 0 0 0 0 0 PART I, LINE 2: THE SOCIETY TRACKS ALL EXPENDITURES IN ITS FINANCIAL ACCOUNTING SYSTEM, MAS 90. GRANT FUNDS ARE TYPICALLY FOR TRAVEL, THIS AMOUNT IS USUALLY BASED ON NEED. SUPPORT FOR OTHER MEETINGS IS VOTED ON BY THE COUNCIL AFTER VIEWING GRANTEE REQUESTS (AS IS THE BUDGET FOR AND ANY ADDITIONAL TRAVEL GRANTS). AWARDS ARE GRANTED BY AN AWARDS COMMITTEE, AND THERE IS A FORMAL APPLICATION PROCESS. PART III ACCOUNTING METHOD: 1 CONGRESSIONAL FELLOWSHIP 1 90219 TRAVEL GRANTS 48 3080 SOCIETY AWARDS 10 25500 SCIENCE FAIR AWARDS 8 800 SUBGROUP AWARDS 6 4800 STUDENT RESEARCH AWARDS 19 1900 PART I, LINE 2: THE SOCIETY TRACKS ALL EXPENDITURES IN ITS FINANCIAL ACCOUNTING SYSTEM, MAS 90. GRANT FUNDS ARE TYPICALLY FOR TRAVEL, THIS AMOUNT IS USUALLY BASED ON NEED. SUPPORT FOR OTHER MEETINGS IS VOTED ON BY THE COUNCIL AFTER VIEWING GRANTEE REQUESTS (AS IS THE BUDGET FOR AND ANY ADDITIONAL TRAVEL GRANTS). AWARDS ARE GRANTED BY AN AWARDS COMMITTEE, AND THERE IS A FORMAL APPLICATION PROCESS. X X X 0 0 0 0 0 0 0 0 0 JENNIFER PESANELLI EXECUTIVE OFFICER 283206 0 0 0 1242 0 28783 0 17280 0 330511 0 0 0 HARRIS POVICH DIRECTOR OF FINANCE & OPERATIONS 158492 0 0 0 2334 0 16818 0 35760 0 213404 0 0 0 SARAVANAN RAMUSHANMUGAM DIRECTOR OF INFORMATION TECHNOLOGY 158146 0 0 0 465 0 16007 0 10439 0 185057 0 0 0 DOROTHY CHACONAS DIRECTOR OF MEETINGS & EXHIBITS 105962 0 0 0 1139 0 11458 0 35997 0 154556 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 HERE ARE THE TWO CHANGES: ARTICLE III MEMBERSHIP: MEMBERSHIP IN THE BIOPHYSICAL SOCIETY SHALL BE OPEN TO SCIENTISTS WHO SHARE THE STATED PURPOSE OF THE SOCIETY, AND WHO HAVE EDUCATIONAL, RESEARCH, OR PRACTICAL EXPERIENCE IN BIOPHYSICS OR IN AN ALLIED SCIENTIFIC FIELD, AND WHO COMPLY WITH THE POLICIES AND PROCEDURES OF THE BIOPHYSICAL SOCIETY. ARTICLE XV THE COUNCIL MAY ESTABLISH AND ENFORCE POLICIES AND PROCEDURES FOR ELIGIBILITY FOR MEMBERSHIP, VOLUNTEER LEADER POSITIONS, AND AWARDS, FOR THE CONDUCT OF MEMBERS, VOLUNTEERS, COMMITTEE MEMBERS, OFFICERS, AND COUNCIL MEMBERS, FOR DISCIPLINARY ACTION, SUSPENSION, OR REVOCATION OF MEMBERSHIP OR AWARDS, AND FOR REMOVAL OF AN OFFICER, VOLUNTEER, COMMITTEE MEMBER, OR COUNCIL MEMBER. FORM 990, PART VI, SECTION A, LINE 6 REGULAR ($200), EARLY CAREER ($95), AND EMERITUS (COMPLIMENTARY) - SCIENTISTS WHO SHARE THE STATED PURPOSE OF THE SOCIETY AND WHO HAVE EDUCATIONAL, RESEARCH, OR PRACTICAL EXPERIENCE IN BIOPHYSICS OR IN AN ALLIED SCIENTIFIC FIELD. STUDENT ($25) - MEMBERS PURSUING A COURSE OF STUDY IN BIOPHYSICS OR IN A RELATED FIELD. WORLD BANK ($50) FOR REGULAR AND EARLY CAREER; STUDENTS ($10). FORM 990, PART VI, SECTION A, LINE 7A MEMBERS IN GOOD STANDING HAVE THE AUTHORITY TO VOTE. FORM 990, PART VI, SECTION A, LINE 7B ANY INCREASES IN MEMBERSHIP DUES MUST BE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE SOCIETY DOES NOT PROVIDE A COPY OF THE 990 TO ALL MEMBERS OF THE GOVERNING BODY BEFORE FILING THE FORM. THE GOVERNING BODY MEMBERS MAY REVIEW THE FORM AT ANY TIME THEY WISH. THE IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE SOCIETY MONITORS THE CONFLICT OF INTEREST POLICY BY SENDING IT TO THE COUNCIL AND STAFF FOR THEM TO REVIEW AND SIGN ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A THE OPERATIONS COMMITTEE MEETS ONCE A YEAR TO EVALUATE THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND ESTABLISH COMPENSATION FOR THE FOLLOWING FISCAL YEAR. THE COMMITTEE MAY CONSIDER COMPARATIVE, PERFORMANCE, AND ECONOMIC INFORMATION IN ORDER TO DETERMINE WHETHER CHANGES IN COMPENSATION LEVELS ARE NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 THE SOCIETY'S CONSTITUTION, AND BYLAWS ARE MADE AVAILABLE ON THE BPS WEBSITE. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.