2022-11-14T15:14:14-06:00 2021-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2021-01-01 223799632 MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC MASS 6176745100 255 MAIN STREET 8TH FLOOR CAMBRIDGE MA 02142 SONDRA SCHWARTZ CHIEF EXECUTIVE OFFICER 6176745100 2022-11-14 1 SONDRA SCHWARTZ XXX-XX-XXXX THOMAS F MULDOON CPA P01561688 5083669100 2022-11-14 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MASSBIOED SONDRA SCHWARTZ 255 MAIN STREET 8TH FLOOR CAMBRIDGE MA 02142 2353305 0 X WWW.MASSBIOED.ORG X 2001 MA MASSBIOED'S MISSION IS TO BUILD A SUSTAINABLE LIFE SCIENCES WORKFORCE IN THE REGION THROUGH EDUCATIONAL PROGRAMS THAT ENGAGE AND EXCITE TEACHERS, INSPIRE, AND PROPEL STUDENTS, AND ILLUMINATE THE PATHWAY FROM THE CLASSROOM TO CAREERS WITH A FOCUS ON EXPANSION, OPPORTUNITY AND DIVERSITY. 21 19 0 92 0 0 1606133 1438175 345238 906173 18081 4924 -57117 -11541 1912335 2337731 28900 36696 0 0 1099034 1452880 0 0 164038 2133414 801261 3261348 2290837 -1349013 46894 2866284 2372031 1003256 462109 1863028 1909922 X MASSBIOED'S MISSION IS TO BUILD A SUSTAINABLE LIFE SCIENCES WORKFORCE IN THE REGION. THIS INCLUDES EDUCATIONAL PROGRAMS THAT ENGAGE AND EXCITE TEACHERS, INSPIRE, AND PROPEL STUDENTS, AND ILLUMINATE THE PATHWAY FROM THE CLASSROOM TO CAREERS WITH A FOCUS ON EXPANSION, OPPORTUNITY AND DIVERSITY. 0 0 589898 36696 THE BIOTEACH PROGRAM FOCUSES ON STRENGTHENING THE ABILITY OF TEACHERS TO DELIVER LAB-CENTERED, INQUIRY-BASED LESSONS IN BIOTECHNOLOGY IN THEIR CLASSROOMS. THE PROGRAM INTRODUCES TEACHERS TO BASIC CONCEPTS IN BIOLOGY AND BIOTECHNOLOGY WITH SPECIFIC LABORATORY-BASED CURRICULA DESIGNED FOR TEACHING CONCEPTS. THE PROGRAM OFFERS FREE PROFESSIONAL DEVELOPMENT WORKSHOPS FOR EDUCATORS; TRAINING, CURRICULA, AND ON AND OFF-SITE MENTORING TO NEWLY TRAINED TEACHERS; ASSISTANCE TO TEACHERS WITH CONTENT ACQUISITION, PREPARATION AND EXECUTION OF CLASSROOM ACTIVITIES. THE PROGRAM ALSO OFFERS GRANTS FOR LAB EQUIPMENT, SUPPLIES AND MATERIALS. STUDENTS ARE INTRODUCED TO CAREERS THROUGH COLLEGE AND CAREER ENGAGEMENT EXPERIENCES WITH COLLEGES AND COMPANIES AND THROUGH OUR BANK OF VOLUNTEER CAREER AMBASSADORS WHO VISIT SCHOOLS AND MEET WITH STUDENTS REMOTELY AND ON-SITE WHEN POSSIBLE.OUR BIOTEACH PROGRAM HELD 12 TEACHER PROFESSIONAL DEVELOPMENT WORKSHOPS, WITH TOTAL ATTENDANCE OF 154 TEACHERS ACROSS ALL WORKSHOPS. ACROSS ALL BIOTEACH PROGRAMMING, WE ENGAGED NEARLY 10,000 STUDENTS IN AUTHENTIC SCIENCE LEARNING. TO ACCOMMODATE THE NEEDS OF TEACHERS AND MAINTAIN THE FLEXIBILITY OF REMOTE PROGRAMMING, WE CONTINUED OFFERING VIRTUAL RESOURCES AND HELD HALF OF OUR WORKSHOPS REMOTELY. THE TEACHER TRAININGS WERE VERY SUCCESSFUL WITH OVER 90% OF PARTICIPANTS REPORTING AN INCREASE IN CONFIDENCE IN EXECUTING LAB ACTIVITIES IN THEIR CLASSROOM OR REPORTING THAT THEY EXPECT TO UTILIZE THE RESOURCES IN THEIR CLASSROOM. WE WERE ALSO ABLE TO BRING OUR INTENSIVE ACCESS PROGRAM OF AUTHENTIC SCIENCE CONTENT AND CAREER AWARENESS TO OVER 4,000 STUDENTS IN LOW-INCOME AND HIGH-NEED SCHOOL DISTRICTS. 742871 BIOTALENT INCLUDED SEVERAL DIFFERENT PROGRAMS FOCUSED ON UNDERSTANDING, BUILDING, AND SUPPORTING WORKFORCE DEVELOPMENT AND CAREER AWARENESS. ACTIVITIES INCLUDED:A. JOB TRENDS INITIATIVES PROVIDE JOB TREND ANALYSIS, AND A GREATER UNDERSTANDING OF THE INDUSTRY'S WORKFORCE NEEDS IN TERMS OF SKILLS TO EDUCATORS AND THOSE IN INDUSTRY. IN 2020, MASSBIOED PUBLISHED ONE JOB TRENDS REPORT, THE 2019 MASSACHUSETTS LIFE SCIENCES EMPLOYMENT OUTLOOK, AND CONVENED THE LIFE SCIENCES WORKFORCE 2020 CONFERENCE IN MAY, WHICH ATTRACTED OVER 270 PARTICIPANTS. B. CAREER ENGAGEMENT BUILDS A CRITICAL BRIDGE BETWEEN CLASSROOM AND CAREERS. CAREER AMBASSADORS HELP TEACHERS BROADEN THEIR STUDENTS' HORIZONS AND ENCOURAGE AN INTEREST IN THE LIFE SCIENCES. SEVERAL MODES OF INTERACTION ARE OFFERED, FROM FORMAL CAREER PANELS TO SMALL GROUP Q&A SESSIONS. OUR SPOTLIGHT SERIES MATCHES STUDENTS WITH PROFESSIONALS FOR VIRTUAL INFORMATIONAL INTERVIEWS. IN THE 2020-2021 SCHOOL YEAR, WE HELD A CAREER FAIR IN PARTNERSHIP WITH MASSBIO BRINGING TOGETHER 392 JOB SEEKERS AND 40 EMPLOYER COMPANIES.C. APPRENTICESHIP PROGRAMTO GROW AND DIVERSIFY THE WORKFORCE, BIOTALENT LAUNCHED LIFE SCIENCES APPRENTICESHIP PROGRAM THAT OFFERS STREAMLINED PATHWAYS INTO THE INDUSTRY. THE PROGRAM COMBINES TECHNICAL TRAINING, ON-SITE WORK EXPERIENCE, AND INCOME SUPPORT. WORKING WITH LEADING LIFE SCIENCE EMPLOYERS, MASSBIOED HAS DESIGNED TWO APPRENTICESHIPS - ONE FOR BIOMANUFACTURING TECHNICIANS AND ONE FOR CLINICAL TRIAL ASSOCIATES. BOTH PROGRAMS ENABLE INDIVIDUALS TO OBTAIN FOUNDATIONAL KNOWLEDGE AND INDUSTRY RECOGNIZED SKILLS, AND QUICKLY TRANSITION INTO EMPLOYMENT THAT PROVIDES MEANINGFUL WORK, FAMILY-SUSTAINING WAGES, AND CAREER GROWTH. IN 2021, THE APPRENTICESHIP PROGRAM HAD ITS FIRST CYCLES OF APPRENTICE TRAINING WITH A TOTAL OF 30 APPRENTICES, 65% OF WHOM WERE FEMALES AND 60% WERE POC. 143277 907098 OUR PROFESSIONAL TRAINING COURSES PROVIDE TECHNICAL AND SOFT SKILLS TRAINING AND DEVELOPMENT TO INDIVIDUALS IN THE INDUSTRY. THE COURSES ARE DEVELOPED IN CONJUNCTION WITH INDUSTRY PROFESSIONALS AND INCLUDE BIOTECH 101, BIOTECHNOLOGY PROJECT MANAGEMENT, AND LEADERSHIP DEVELOPMENT AMONG OTHERS. IN 2021 CORPORATE PROFESSIONAL TRAINING INTRODUCED 5 NEW TECHNICAL AND SOFT SKILLS TRAINING COURSES WITH A RECORD 567 ENROLLMENTS ACROSS ALL TRAININGS. 179231 CORPORATE PROFESSIONAL DEVELOPMENT (CPD) PROGRAM PROVIDES PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR INCUMBENT WORKERS AND THOSE INTERESTED IN CAREERS IN THE INDUSTRY. 179231 1655277 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 56 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X SONDRA SCHWARTZ CHIEF EXECUTIVE OFFICER 6176745100 255 MAIN STREET 8TH FLOOR CAMBRIDGE MA 02142 KENDALLE BURLIN O'CONNELL PRESIDENT & COO OF MASSBIO 1.00 40.00 X 0 533907 20247 ROBERT COUGHLIN DIRECTOR 1.00 40.00 X 0 381109 20243 SONDRA SCHWARTZ CHIEF EXECUTIVE OFFICER 40.00 X 211663 0 25400 MICHELLE MISCHKE DIRECTOR OF BIOTECHNOLOGY EDUCATION 40.00 X 134652 0 28886 MARCIE LADEN DIRECTOR OF DEVELOPMENT AND MARKETING 40.00 X 112394 0 22478 CHRISTOPHER MURPHY DIRECTOR/ CHAIR 1.00 X X 0 0 0 LAUREN CELANO DIRECTOR/ VICE CHAIR 1.00 X X 0 0 0 MICHAEL LEVY DIRECTOR/ TREASURER 1.00 X X 0 0 0 STACIE SAWCHAK AARESTAD DIRECTOR/ CLERK 1.00 X X 0 0 0 RYAN COHLHEPP DIRECTOR 1.00 X 0 0 0 RENEE CONNOLLY DIRECTOR 1.00 X 0 0 0 DEBBIE DURSO BUMPUS DIRECTOR 1.00 X 0 0 0 KRISTIN GOPPEL DIRECTOR 1.00 X 0 0 0 JOHN HEFFERNAN DIRECTOR 1.00 X 0 0 0 MELISSA MONAHAN DIRECTOR 1.00 X 0 0 0 MARY ELLEN WILTROUT DIRECTOR 1.00 X 0 0 0 ROBERT GOTTLIEB DIRECTOR 1.00 X 0 0 0 WYNTER J DUNCANSON DIRECTOR 1.00 X 0 0 0 AMITA JOSHI DIRECTOR 1.00 X 0 0 0 JAY METTETAL DIRECTOR 1.00 X 0 0 0 LORA MARDEN DIRECTOR 1.00 X 0 0 0 SHELLEY SEYMOUR DIRECTOR 1.00 X 0 0 0 RITA SMITH DIRECTOR 1.00 X 0 0 0 THOMAS SNOW DIRECTOR 1.00 X 0 0 0 458709 915016 117254 3 0 1 0 0 204434 182513 1051228 1438175 ATTENDANCE FEES 813219 501873 501873 CONSULTING REVENUE 813219 404300 404300 906173 4924 4924 3108 204434 15574 -12466 -12466 MISCELLANEOUS REVENUE 900099 925 925 925 2337731 907098 0 -7542 X 36696 36696 236379 28366 174920 33093 973516 780098 102712 90706 30420 16257 12765 1398 108584 53015 49441 6128 103981 73213 20741 10027 14850 14850 10000 10000 500189 471420 28769 3652 2605 1047 58709 44265 9577 4867 65100 42609 12726 9765 8522 4102 4420 14596 6667 7929 1982 1982 REIMBURSEMENTS-RELATED 81577 53395 20245 7937 DUES AND SUBSCRIPTIONS 15796 14182 1614 EVENT SUPPLIES AND FACI 10322 10322 SEMINARS AND TRAINING 8039 8039 7927 26 7784 117 2290837 1655277 471522 164038 10556 2684767 2009685 136250 311826 5000 5000 138305 92785 29711 45520 2866284 2372031 993221 441234 10035 20875 1003256 462109 X 1613610 1844050 249418 65872 1863028 1909922 2866284 2372031 46894 0 X X 0 1 X 1 0 X 1159786 1878076 3947738 1606133 1438175 10029908 1159786 1878076 3947738 1606133 1438175 10029908 402695 9627213 4634 20107 45404 18081 4924 93150 10123058 2253208 0.95100 0.92760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 10000 10000 0 138305 92785 45520 45520 X 2337731 0 2337731 0 2337731 2290837 0 2290837 0 2290837 PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2021. THE FOUNDATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. CHAMPIONS 207542 204434 3108 15574 207542 204434 3108 15574 15574 -12466 1 CHELSEA HIGH SCHOOL 299 EVERETT AVENUE CHELSEA MA 02150 170(C)(1) 0 5250 FAIR MARKET VALUE LAB SUPPLIES SPARK INTEREST IN BIOTECH WHITTIER VOCTECH HIGH 115 AMESBURY LINE ROAD HAVERHILL MA 01830 170(C)(1) 0 6539 FAIR MARKET VALUE LAB SUPPLIES SPARK INTEREST IN BIOTECH 2 PART I, LINE 2: SCHOOL GRANTS ARE AWARDED BASED ON EVALUATION OF APPLICATIONS. GRANTS ARE MONITORED BY STAFF TO DETERMINE HOW THE FUNDS ARE USED AND STAFF ALSO ASSESS THE NUMBER OF TEACHERS TRAINED AND THE NUMBER OF CLASSES REACHED. IN ADDITION, STAFF EVALUATES AND APPROVES ORDERS FOR MATERIALS AND SUPPLIES BEFORE BEING SENT TO VENDORS FOR PROCESSING. X 0 1 0 0 0 0 0 0 0 KENDALLE BURLIN O'CONNELL PRESIDENT & COO OF MASSBIO 0 533907 0 0 0 0 0 19500 0 747 0 554154 0 0 ROBERT COUGHLIN DIRECTOR 0 381109 0 0 0 0 0 19088 0 1155 0 401352 0 0 SONDRA SCHWARTZ CHIEF EXECUTIVE OFFICER 211663 0 0 0 0 0 8585 0 16815 0 237063 0 0 0 MICHELLE MISCHKE DIRECTOR OF BIOTECHNOLOGY EDUCATION 134652 0 0 0 0 0 5724 0 23162 0 163538 0 0 0 PART I, LINE 4B MASSACHUSETTS BIOTECHNOLOGY COUNCIL, INC. (SEE SCHEDULE R), MAINTAINS A SENIOR EXECUTIVE RETIREMENT PROGRAM (SERP) TO PROVIDE SUPPLEMENTAL RETIREMENT BENEFITS TO ITS PRESIDENT/CEO, ROBERT COUGHLIN, WHO IS A BOARD MEMBER OF THE FOUNDATION. THERE WERE NO DISTRIBUTIONS THROUGH THIS PLAN IN 2021. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS EXAMINED AND APPROVED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS AND WAS MADE AVAILABLE TO THE FULL BOARD AT A BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C MONITORED THROUGH BOARD VOTES AND GENERAL OVERSIGHT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS THE CHIEF EXECUTIVE OFFICER'S PERFORMANCE ON AN ANNUAL BASIS AND DETERMINES SALARY BASED ON PERFORMANCE. THE CHIEF EXECUTIVE OFFICER REVIEWS ALL OTHER STAFF'S PERFORMANCE AND DETERMINES SALARY. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE OF PUBLIC RECORD AND ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 471,420. MANAGEMENT AND GENERAL EXPENSES 28,769. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 500,189. FORM 990, PART V, LINE 2A: THERE HAVE BEEN NO CHANGES TO OVERSIGHT OF THE AUDIT PROCESSES AND SELECTION OF AN INDEPENDENT ACCOUNTANT. MASSACHUSETTS BIOTECHNOLOGY COUNCIL INC 700 TECHNOLOGY SQUARE 5TH FLOOR CAMBRIDGE MA 02139 222693047 PERMITTING AND FOSTERING POSITIVE ENVIRONMENT FOR THE BIOTECHNOLOGY INDUSTRY MA 501(C)(6) N/A N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0