ADVANCED REGENERATIVE MANUFACTURING INSTITUTE INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ADVANCED REGENERATIVE MANUFACTURING INSTITUTE INC (EIN 81-3327581)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202513189349302496
- Schema version
- 2024v5.2
- 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
- Form 990
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T08:54:38-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010523282 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Berry Dunn McNeil & Parker LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2211 Congress St | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 813327581 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Advanced Regenerative Manufacturing | BusinessNameLine1Txt |
| Business Name Line2 | Institute Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ADVA | BusinessNameControlTxt |
| Phone | 6036663905 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Commercial St | AddressLine1Txt |
| City | Manchester | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03101 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jennifer MacDonald | PersonNm |
| Person Title | Chief Operating Officer | PersonTitleTxt |
| Phone | 6036663905 | PhoneNum |
| Signature | 2025-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Joseph R Byrne | PreparerPersonNm |
| PTIN | P01289281 | PTIN |
| Phone | 2077752387 | PhoneNum |
| Preparation | 2025-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Maureen Toohey | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Commercial St | AddressLine1Txt |
| City | Manchester | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $41,521,294 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | https://www.armiusa.org/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2016 | FormationYr |
| Legal Domicile State | NH | LegalDomicileStateCd |
| Activity Or Mission | ARMI's mission is to support, develop, advance and promote the United States bioeconomy. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 101 | TotalEmployeeCnt |
| Total Volunteers | 175 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $24,486,867 | PYContributionsGrantsAmt |
| CY Contributions Grants | $40,029,468 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,229,394 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,373,869 | CYProgramServiceRevenueAmt |
| PY Investment Income | $102,808 | PYInvestmentIncomeAmt |
| CY Investment Income | $117,957 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $26,819,069 | PYTotalRevenueAmt |
| CY Total Revenue | $41,521,294 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $11,333,391 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $18,273,920 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,026,216 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,185,296 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,950,167 | PYOtherExpensesAmt |
| CY Other Expenses | $10,456,956 | CYOtherExpensesAmt |
| PY Total Expenses | $26,309,774 | PYTotalExpensesAmt |
| CY Total Expenses | $38,916,172 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $509,295 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,605,122 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $29,045,430 | TotalAssetsBOYAmt |
| Total Assets EOY | $37,903,038 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $11,371,178 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $17,623,664 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $17,674,252 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $20,279,374 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | ARMI's mission is to support, develop, advance and promote the United States bioeconomy. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | ARMI and its BioFabUSA Institute accomplishes its mission through key activities, such as the following:- Collaborates with community, local, State, and Federal stakeholders to advance the U.S bioeconomy and fuel economic growth, including by creating pathways and jobs in the biofabrication industry. - Provides wrap-around commercialization services for tissue engineering and enabling technology companies. These efforts de-risk and accelerate translation of impactful technologies to market.See page 47 Schedule O for continuation. - Funds technical projects that address many of the common manufacturing challenges faced by companies in the field of tissue engineering. This will allow tissue engineering and enabling technology companies to focus their time and resources on product-specific challenges, moving the entire industry forward more quickly and efficiently. - Funds education and workforce development (EWD) projects that address the industry need for trained employees with a broad base of biomanufacturing skills and specific expertise. This pressing need can otherwise constrain the growth of tissue engineering and enabling technology companies. - In coordination with organizations in the field of regenerative manufacturing, develops roadmaps of technical and EWD needs for the field. These roadmaps guide the work of organizations in the field of regenerative manufacturing and guide the selection of projects. - Hosts, sponsors, and participates in conferences and workshops that convene organizations that support regenerative manufacturing. These events allow for shared learning related to technical, regulatory, workforce, and financial challenges and solutions. - Shares information about best practices and innovations in the field via various fora and online resources.NextFab accomplishes its mission through key activities, such as the following: - Develop commercial advisory and consulting programs designed to accelerate adoption of advanced technologies. - Provide shared facilities to accelerate advanced technologies. - Performs projects of interest to U.S. Department of Health and Human Services. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | 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 | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | 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 | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 41 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 101 | 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 | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | 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 | 0 | 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 | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | 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 | Thomas Deyak CPA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6036663905 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Commercial St | AddressLine1Txt |
| City | Manchester | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Dean Kamen | ||||||||
| Executive Director | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Martine Rothblatt | ||||||||
| Board Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| John Abele | ||||||||
| Board Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Jim Weinstein | ||||||||
| Board Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Blake Moret | ||||||||
| Board Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Elisabeth Reynolds | ||||||||
| Board Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Winston Oluwole Soboyejo | ||||||||
| Board Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Brendan Duffy | ||||||||
| Treasurer | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Maureen Toohey | ||||||||
| Deputy Executive Director | 15.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| James Scott | ||||||||
| Chief Administrative Officer | 8.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Jennifer MacDonald | ||||||||
| Chief Operating Officer | 40.00 | 0.00 | Yes (X) | $241,212 | $0 | $44,358 | ||
| Thomas Deyak | ||||||||
| Chief Finance Officer | 40.00 | 0.00 | $179,066 | $0 | $40,870 | Yes (X) | ||
| Richard McFarland | ||||||||
| Chief Regulatory Officer | 40.00 | 0.00 | $219,125 | $0 | $26,431 | Yes (X) | ||
| Julie Lenzer | ||||||||
| Chief Innovation Officer | 40.00 | 0.00 | $204,908 | $0 | $24,984 | Yes (X) | ||
| Daniel Behr | ||||||||
| Lead Executive in Residence, HTH | 40.00 | 0.00 | $199,119 | $0 | $25,573 | Yes (X) | ||
| Edward Gordon | ||||||||
| Chief Commercialization Officer | 40.00 | 0.00 | $193,103 | $0 | $37,806 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,236,533 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $200,022 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 32 | 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/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Curtis Sprouse | |||||
| 27 Market St Box 569 | Ipswich | MA | 01938 | Contractor - HHS Programs | $175,380 |
| Stefany Shaheen | |||||
| 77 South Street | Portsmouth | NH | 03801 | Contractor | $153,489 |
| Alexis Kopikis | |||||
| 7 Brichwood Rd | Needham | MA | 02492 | Contractor - HHS Programs | $145,595 |
| Eric Eskey | |||||
| 2323 E Mallory Circle | Mesa | AZ | 85213 | Contractor - HHS Programs | $145,090 |
| Nexight Group LLC | |||||
| 1100 Wayne Avenue Suite 1100 | Silver Spring | MD | 20910 | Contractor - HHS Programs | $130,623 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $38,802,037 | GovernmentGrantsAmt |
| All Other Contributions | $1,227,431 | AllOtherContributionsAmt |
| Noncash Contributions | $532,142 | NoncashContributionsAmt |
| Total Contributions | $40,029,468 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Membership Dues | 541700 | $817,458 | $817,458 |
| Other Program Revenue | 541700 | $556,411 | $556,411 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,373,869 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $117,957 | TotalRevenueColumnAmt |
| Exclusion | $117,957 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $41,521,294 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,373,869 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $117,957 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,522,073 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $751,847 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,570 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,308,609 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $195,383 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $757,415 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $638,319 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,743 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,000 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,946,715 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,726 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $251,689 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $976,027 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,110,109 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275,189 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $739,944 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,378,338 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,064 | TotalAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Lab Materials and Suppl | Desc |
| Total | $1,657,392 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,916,172 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,238 | BOYAmt |
| EOY | $232,599 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,126,955 | BOYAmt |
| EOY | $5,039,364 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,802,994 | BOYAmt |
| EOY | $19,368,953 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $597,427 | BOYAmt |
| EOY | $600,246 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $18,958,810 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,980,698 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,926,085 | BOYAmt |
| EOY | $10,978,112 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,975 | BOYAmt |
| EOY | $21,790 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,374,756 | BOYAmt |
| EOY | $1,661,974 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,045,430 | BOYAmt |
| EOY | $37,903,038 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,334,402 | BOYAmt |
| EOY | $13,923,258 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,204,573 | BOYAmt |
| EOY | $1,010,560 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,457,447 | BOYAmt |
| EOY | $1,043,447 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,374,756 | BOYAmt |
| EOY | $1,646,399 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,371,178 | BOYAmt |
| EOY | $17,623,664 | 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 | $17,674,252 | BOYAmt |
| EOY | $20,279,374 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,674,252 | BOYAmt |
| EOY | $20,279,374 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,045,430 | BOYAmt |
| EOY | $37,903,038 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,605,122 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
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 D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,614,322 | OtherCostOrOtherBasisAmt |
| Depreciation | $834,975 | DepreciationAmt |
| Book Value | $5,779,347 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,344,488 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,145,723 | DepreciationAmt |
| Book Value | $5,198,765 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,978,112 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Lease Obligations | Desc |
| Amt | $1,646,399 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,646,399 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | ARMI, Inc. is a not-for-profit corporation, as described under Section 501(c)(6) of the Internal Revenue Code, exempt from federal and state income taxes on income related to the fulfillment of ARMI, Inc.'s mission. Accordingly, no income tax expense for ARMI, Inc. has been reported in these financial statements. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Israel | 0 | 0 | Grant NextFab Bilateral Health Tech Hub Program (HHS-Directed) | $652,372 |
| Netherlands | 0 | 0 | Grant Technology Investment Agreement (DoD Directed) | $99,475 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $751,847 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $751,847 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|---|
| Israel | NextFab Bilateral Health Tech Hub Program (HHS-Directed) | $652,372 | Wire Transfer | $0 |
| Netherlands | Technology Investment Agreement (DoD Directed) | $99,475 | Wire Transfer | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | ARMI's monitoring level is dependent on a risk assessment, which is completed on all subawards. Based on this assessment, ARMI performed procedures that included, but were not limited to, the following: o development of a written Statement of Work o periodic conference calls to review progress related to the Statement of Work o review of all deliverables prior to approval of invoices | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (26 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | IRC SectionIRCSectionDesc | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| Advanced Solutions Life Sciences | |||||||||
| 1901 Nelson Miller Pkwy | Louisville | KY | 40223 | 462396901 | $27,674 | $0 | See Part IV | ||
| Applied Biosensors | |||||||||
| 2500 S State St D224 | Salt Lake City | UT | 84115 | 462551284 | $130,904 | $0 | See Part IV | ||
| Arizona State University | |||||||||
| PO Box 876011 | Tempe | AZ | 852876011 | 943360412 | $151,108 | $0 | See Part IV | 501(c)(3) | |
| Auburn University | |||||||||
| 208 M White Smith Hall | Auburn | AL | 368495110 | 636000724 | $47,707 | $0 | See Part IV | 501(c)(3) | |
| Axogen Corp | |||||||||
| 13631 Progress Blvd Suite 400 | Alachua | FL | 32615 | 474139191 | $131,376 | $0 | See Part IV | ||
| BETA Technologies Inc | |||||||||
| 1150 Airport Dr | South Burlington | VT | 05403 | 831276474 | $13,047,812 | $0 | See Part IV | ||
| Boston University | |||||||||
| PO Box 28763 | New York | NY | 100878763 | 042103547 | $213,111 | $0 | See Part IV | 501(c)(3) | |
| Cell X | |||||||||
| 12 Gill St Ste 4000 4th Floor | Woburn | MA | 01801 | 822405500 | $92,049 | $0 | See Part IV | ||
| Dartmouth College | |||||||||
| 11 Rope Ferry Rd 6210 | Hanover | NH | 037551404 | 020222111 | $137,379 | $0 | See Part IV | 501(c)(3) | |
| DEKA Integrated Solutions Corp | |||||||||
| 340 Commercial St | Manchester | NH | 03101 | 205085384 | $56,745 | $0 | See Part IV | ||
| DEKA Integrated Solutions Corp | |||||||||
| 340 Commercial St | Manchester | NH | 03101 | 205085384 | $1,088,937 | $0 | See Part IV | ||
| DEKA Integrated Solutions Corp | |||||||||
| 340 Commercial St | Manchester | NH | 03101 | 205085384 | $27,806 | $0 | See Part IV | ||
| Epibone | |||||||||
| 95 Greene Street 3rd Floor | Jersey City | NJ | 07302 | 800952869 | $30,616 | $0 | See Part IV | ||
| Georgia Tech Research Corp | |||||||||
| PO Box 100117 | Atlanta | GA | 30384 | 586002023 | $170,659 | $0 | See Part IV | 501(c)(3) | |
| Get Tech Smart LLC | |||||||||
| 1 Scenic Lane | Hudson | NH | 03051 | 880660314 | $35,740 | $0 | See Part IV | ||
| Massachusetts General Hospital | |||||||||
| 55 Fruit St | Boston | MA | 02114 | 042697983 | $569,674 | $0 | See Part IV | 501(c)(3) | |
| MxD USA | |||||||||
| 1415 North Cherry Ave | Chicago | IL | 60642 | 800926174 | $697,991 | $0 | See Part IV | 501(c)(3) | |
| Regenerative Patch Technologies | |||||||||
| 150 Gabarda Way | Portola Valley | CA | 940287445 | 900998159 | $61,065 | $0 | See Part IV | ||
| SNHU | |||||||||
| 2500 North River Road | Manchester | NH | 03106 | 020274509 | $27,268 | $0 | See Part IV | 501(c)(3) | |
| Standards Coordinating Body | |||||||||
| 100 Bureau Drive MS 8543 Bldg 224 | Gaithersburg | MD | 20899 | 020845002 | $30,325 | $0 | See Part IV | 501(c)(3) | Rm A105 |
| Sudhin Biopharma Co | |||||||||
| 685 E Heartstrong Street | Superior | CO | 80027 | 464990723 | $125,934 | $0 | See Part IV | ||
| Texas A&M Engineering Experiment Station | |||||||||
| 400 Harvey Mitchell Pkwy Ste 300 | College Station | TX | 778454375 | 741974733 | $5,732 | $0 | See Part IV | 501(c)(3) | |
| Tufts College | |||||||||
| 80 George St | Medford | MA | 02155 | 042103634 | $41,990 | $0 | See Part IV | 501(c)(3) | |
| UMASS-Lowell | |||||||||
| 220 Pawtucket Street Suite M30 | Lowell | MA | 018545110 | 043167352 | $19,842 | $0 | See Part IV | 501(c)(3) | |
| University of California Davis | |||||||||
| PO Box 741816 | Los Angeles | CA | 900741816 | 946036494 | $206,863 | $0 | See Part IV | 501(c)(3) | |
| University of New Hampshire | |||||||||
| 51 College Road Room 109 | Durham | NH | 038243585 | 026000937 | $341,318 | $0 | See Part IV | 501(c)(3) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 14 | Total501c3OrgCnt |
| Total Other Org | 10 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 2: | ARMI's monitoring level is dependent on a risk assessment, which is completed on all subawards. Based on this assessment, ARMI performed procedures that included, but were not limited to, the following: o development of a written Statement of Work o periodic conference calls to review progress related to the Statement of Work o review of all deliverables prior to approval of invoices |
| Form 990, Schedule I, Part II, Purpose of Grant or Assistance | 1. Advanced Solutions Life Sciences - Name of Organization or Government: Advanced Solutions Life Sciences - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 2. Applied Biosensors - Name of Organization or Government: Applied Biosensors - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 3. Arizona State University - Name of Organization or Government: Arizona State University - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 4. Auburn University - Name of Organization or Government: Auburn University - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a grant awarded by a private foundation 5. Axogen Corp. - Name of Organization or Government: Axogen Corp. - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 6. BETA Technologies, Inc. - Name of Organization or Government: Beta Technologies, Inc. - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a grant with the U.S. Dept. of Health and Human Services (HHS). Acts as a project management resource and contracting vehicle for projects determined by HHS, including projects involving Congressionally-directed funding 7. Boston University - Name of Organization or Government: Boston University - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 8. Cell X - Name of Organization or Government: Cell X - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 9. Dartmouth College - Name of Organization or Government: Dartmouth College - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 10. DEKA Integrated Solutions Corp - Name of Organization or Government: DEKA Integrated Solutions Corp - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 11. DEKA Integrated Solutions Corp - Name of Organization or Government: DEKA Integrated Solutions Corp - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a DoD-directed competitive process open to all Members. Project directly selected by DoD. 12. DEKA Integrated Solutions Corp - Name of Organization or Government: DEKA Integrated Solutions Corp - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a grant with the U.S. Food and Drug Administration (FDA). Project directly selected by FDA. 13. Epibone - Name of Organization or Government: Epibone - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 14. Georgia Tech Research Corp - Name of Organization or Government: Georgia Tech Research Corp - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 15. Get Tech Smart, LLC - Name of Organization or Government: Get Tech Smart, LLC - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a grant with the U.S. Economic Development Agency (EDA). Project directly selected by EDA. 16. Massachusetts General Hospital - Name of Organization or Government: Massachusetts General Hospital - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a grant for the NextFab US-Israel Bilateral HealthTech Hub Program (HHS-Directed). 17. MxD USA - Name of Organization or Government: MxD USA - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a DoD-directed CARES Act program. Project directly selected by DoD. 18. Regenerative Patch Technologies - Name of Organization or Government: Regenerative Patch Technologies - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 19. SNHU - Name of Organization or Government: SNHU - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a U.S. Air Force funded grant. Project directly selected by DoD. 20. Standards Coordinating Body - Name of Organization or Government: Standards Coordinating Body - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 21. Sudhin Biopharma Co. - Name of Organization or Government: Sudhin Biopharma Co. - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 22. Texas A&M Engineering Experiment Station - Name of Organization or Government: Texas A&M Engineering Experiment Station - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 23. Tufts College - Name of Organization or Government: Tufts College - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a DoD-directed competitive process open to all Members. Project directly selected by DoD 24. UMASS-Lowell - Name of Organization or Government: UMASS-Lowell - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a U.S. Air Force funded grant. Project directly selected by DoD. 25. University of California, Davis - Name of Organization or Government: University of California, Davis - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority 26. University of New Hampshire - Name of Organization or Government: University of New Hampshire - (h) Purpose of Grant or Assistance: Subaward issued pursuant to a grant with the U.S. Economic Development Agency (EDA). Project directly selected by EDA. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jennifer MacDonald | ||||||||||||||
| Chief Operating Officer | $241,212 | $0 | $0 | $0 | $0 | $0 | $10,020 | $0 | $34,338 | $0 | $285,570 | $0 | $0 | $0 |
| Richard McFarland | ||||||||||||||
| Chief Regulatory Officer | $194,125 | $0 | $25,000 | $0 | $0 | $0 | $9,004 | $0 | $17,427 | $0 | $245,556 | $0 | $0 | $0 |
| Edward Gordon | ||||||||||||||
| Chief Commercialization Officer | $193,103 | $0 | $0 | $0 | $0 | $0 | $8,009 | $0 | $29,797 | $0 | $230,909 | $0 | $0 | $0 |
| Julie Lenzer | ||||||||||||||
| Chief Innovation Officer | $194,908 | $0 | $10,000 | $0 | $0 | $0 | $8,407 | $0 | $16,577 | $0 | $229,892 | $0 | $0 | $0 |
| Daniel Behr | ||||||||||||||
| Lead Executive in Residence, HTH | $199,119 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25,573 | $0 | $224,692 | $0 | $0 | $0 |
| Thomas Deyak | ||||||||||||||
| Chief Finance Officer | $179,066 | $0 | $0 | $0 | $0 | $0 | $7,568 | $0 | $33,302 | $0 | $219,936 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See Part V | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Org | Part V | RelationshipWithOrgTxt |
| Loan Purpose | Part V | LoanPurposeTxt |
| Loan To Organization | Yes (X) | LoanToOrganizationInd |
| Original Principal | $1,457,447 | OriginalPrincipalAmt |
| Balance Due | $1,043,447 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | 0 | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $1,043,447 | TotalBalanceDueAmt |
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (3 entries)
| Relationship With OrgRelationshipWithOrgTxt | Cash GrantCashGrantAmt | Type Of AssistanceTypeOfAssistanceTxt | Assistance PurposeAssistancePurposeTxt |
|---|---|---|---|
| See Part V | |||
| See Part V | $1,088,937 | Subaward | See Part V |
| See Part V | |||
| See Part V | $56,745 | Subaward | See Part V |
| See Part V | |||
| See Part V | $27,806 | Subaward | See Part V |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| 1890 Associates LLC | |||
| See Part V | $126,741 | See Part V | 0 |
| 1881 Associates LLC | |||
| See Part V | $197,676 | See Part V | 0 |
| Five Forty N Assoc LLC | |||
| See Part V | $400,310 | See Part V | 0 |
| 150 Dow Associates LLC | |||
| See Part V | $83,400 | See Part V | 0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Sch L, Part II, Loans to and/or From Interested Persons: | (a) Name of Person: Five-Forty North Associates, LLC(b) Relationship with Organization:Owned more than 35% by Executive Director, Dean Kamen(c) Purpose of Loan: As part of the lease agreement, Five Forty North Associates provided a non-interest bearing loan to ARMI to complete fit-up of the Institute's core facility due to cost escalation relating to supply chain challenges. |
| Sch L, Part III, Grants or Assistance Benefiting Interested Persons: | (a) Name of Person: DEKA Integrated Solutions Corp(b) Relationship Between Interested Person and Organization: Owned more than 35% by Executive Director, Dean Kamen(c) Amount of Grant: $1,088,937(d) Type of Assistance: Subaward(e) Purpose of Assistance: Subaward pursuant to a DoD-directed competitive process open to all Members. Project directly selected by DoD.(a) Name of Person: DEKA Integrated Solutions Corp(b) Relationship Between Interest Person and Organization: Owned more than 35% by Executive Director, Dean Kamen(c) Amount of Grant: $56,745(d) Type of Assistance: Subaward(e) Purpose of Assistance: Subaward issued pursuant to a federal Technology Investment Agreement following a Member-driven, federally-approved governance process with federal veto authority(a) Name of Person: DEKA Integrated Solutions Corp(b) Relationship Between Interest Person and Organization: Owned more than 35% by Executive Director, Dean Kamen(c) Amount of Grant: $27,806(d) Type of Assistance: Subaward(e) Purpose of Assistance: Subaward issued pursuant to a grant with the U.S. Food and Drug Administration (FDA). Project directed selected by FDA. |
| Sch L, Part IV, Business Transactions Involving Interested Persons: | (a) Name of Person: 1890 Associates, LLC(b) Relationship Between Interested Person and Organization:Owned more than 35% by Executive Director, Dean Kamen(d) Rent Paid. ARMI follows a process to ensure rent paid is at or below market rate. (a) Name of Person: 1881 Associates, LLC(b) Relationship Between Interested Person and Organization:Owned more than 35% by Executive Director, Dean Kamen(d) Rent Paid. ARMI follows a process to ensure rent paid is at or below market rate. (a) Name of Person: Five-Forty North Associates, LLC(b) Relationship Between Interested Person and Organization:Owned more than 35% by Executive Director, Dean Kamen(d) Rent Paid. ARMI follows a process to ensure rent paid is at or below market rate. (a) Name of Person: 150 Dow Associates, LLC(b) Relationship Between Interested Person and Organization:Owned more than 35% by Executive Director, Dean Kamen(d) Rent Paid,. ARMI follows a process to ensure rent paid is at or below market rate. |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Equipment | Desc |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $532,142 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | James Scott and Brendan Duffy are employees of DEKA, a company owned by Dean Kamen. Maureen Toohey is a member of the Toohey Law Group. The Executive Director Dean Kamen, board member Martine Rothblatt, and board member John Abele are directors at Beta Technologies. The Executive Director Dean Kamen and Deputy Executive Director Maureen Toohey are directors at Sequel Med Tech. The Executive Director Dean Kamen and board member Martine Rothblatt are board members of FIRST. |
| Form 990, Part VI, Section A, line 6 | ARMI is a membership based organization consisting of organizations with interests and/or experience with regenerative medicine and manufacturing in the United States. |
| Form 990, Part VI, Section B, line 11b | Key members of management review and comment on the 990 and it is distributed to all board members prior to filing with the Internal Revenue Service. |
| Form 990, Part VI, Section B, line 12c | The conflict of interest policy is included on ARMI's internal server, and is posted online on its member portal. Any new employees or officers are provided a copy of this when joining ARMI. Any conflicts are to be reported to the Executive Director or ARMI legal counsel. |
| Form 990, Part VI, Section C, line 19 | Upon Request |
| Form 990, Part VII, Section A: | As part of its startup activities, per its proposal to the government, the Organization (ARMI) does not pay compensation to some of its officers. Instead, these officers are compensated by member organization DEKA, an unrelated third party, through a government cost share agreement between ARMI and DEKA. DEKA does not treat these compensation payments as a charitable contribution to ARMI; therefore, the compensation is not required to be shown on Part VII, Section A, Line 1a. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARMI Research Collaborative Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Commerical Street | AddressLine1Txt |
| City | Manchester | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 933222788 | EIN |
| Primary Activities | See Part VII | PrimaryActivitiesTxt |
| Legal Domicile State | NH | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Advanced Regenerative Manufacturing Institute Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARMI Bioindustries Corp | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 Commercial Street | AddressLine1Txt |
| City | Manchester | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 850883563 | EIN |
| Primary Activities | Biotech Manufacturing and Development Services | PrimaryActivitiesTxt |
| Legal Domicile State | NH | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Advanced Regenerative Manufacturing Institute Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | -$7,332 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $221,906 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990, Schedule R, Part II: | FormAndLineReferenceDesc |
| Explanation | (b) Primary activity: Non-profit foundation whose mission is to advance regenerative medicine and enabling technologies. | ExplanationTxt |