2025-11-17T12:54:44-05:00 2024-12-31 WITHUM SMITH BROWN PC 5847 SAN FELIPE ST SUITE 2600 HOUSTON TX 77057 990 2024-01-01 760683142 BIOHOUSTON INC % JEFFREY WADE BIOH 7138749300 2450 HOLCOMBE BLVD Suite 27G HOUSTON TX 77021 Jeffrey Wade CEO 7138749300 2025-03-15 true true EMILY SMIKAL P01312781 7138601400 2025-03-15 2024 2025-03-06 01:10:19Z Jeffrey Wade 2450 HOLCOMBE BLVD27G HOUSTON TX 77021 357470 false X WWW.BIOHOUSTON.ORG X 2001 TX We connect, convene and catalyze a diverse community -from startups to established organizations, fostering advancements in medicine, creating jobs, and driving growth. (CONTINUED ON SCHEDULE O) 9 9 1 50 0 231500 56000 363111 287662 76 13808 0 0 594687 357470 0 0 0 0 280958 232079 0 0 48727 216123 181879 497081 413958 97606 -56488 667285 623074 67342 81382 599943 541692 X BIOHOUSTON INC IS A TEXAS NON-PROFIT CORPORATION WITH THE MISSION OF STIMULATING TECHNOLOGY TRANSFER AND THE COMMERCIALIZATION OF RESEARCH, WHILE BUILDING A CRITICAL MASS OF LIFE SCIENCE COMPANIES. TO ACCOMPLISH THIS GOAL, BIOHOUSTON ESTABLISHED CERTAIN PROGRAMS FOR LIFE SCIENCE COMPANIES. BIOHOUSTON IS SUPPORTED PRIMARILY THROUGH CONTRIBUTIONS FROM ITS MEMBERS, ASSOCIATES, THE PHILANTHROPIC COMMUNITY, AND REVENUE FROM CONFERENCES AND OTHER EVENTS HELD BY THE ORGANIZATION. false false 93843 98408 SUPPORT THE REGIONAL LIFE SCIENCE INDUSTRY THROUGH EDUCATIONAL CONFERENCES AND NETWORKING MEETINGS; BIOHOUSTON HOSTS TWO MAJOR ANNUAL CONFERENCES ATTRACTING HUNDREDS, BREAKFAST FORUMS, TECHNOLOGY TRANSFER MEETINGS, AND OTHER MEETINGS TO FOSTER ENTREPRENEURSHIP, EDUCATION, AND NETWORKING. 90102 94485 FOSTERING ENTREPRENEURSHIP IN THE LIFE SCIENCE INDUSTRY IN THE REGION. 50367 52817 LEVERAGING THE SKILLS OF EXPERTS THROUGHOUT THE WORLD TO SUPPORT THE DEVELOPMENT OF PRODUCTS AND THERAPIES IN TEXAS. 40006 41952 OTHER PROGRAM SERVICES 40006 41952 274318 true false false false false false false false false false true false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 1 0 1 true false false false false false true true false false false false false false X 9 9 false false false false true true true true true false false true true true true true true true true false X JEFFREY WADE 7138749300 2450 HOLCOMBE SUITE 27G HOUSTON TX 77021 ANN K TANABE CHIEF EXECUTIVE OFFICER 40.0 0.0 X 203000 0 21653 DAVID MCWILLIAMS DIRECTOR 0.5 0.0 X 0 0 0 Bruce Given MD DIRECTOR 0.5 0.0 X 0 0 0 Joe Cunningham MD DIRECTOR 0.5 0.0 X 0 0 0 Daniel J Moore DIRECTOR 0.5 0.0 X 0 0 0 Margaret A Boulware DIRECTOR 0.5 0.0 X 0 0 0 Dan Watkins PhD DIRECTOR 0.5 0.0 X 0 0 0 ATUL VARADHACHARY PHD DIRECTOR 0.5 0.0 X 0 0 0 JEFFREY WADE JD CHAIRMAN OF THE BOARD 0.5 0.0 X 0 0 0 Giuseppe Colasurdo DIRECTOR 0.5 0.0 X 0 0 0 203000 0 21653 1 false true false NONE 0 56000 56000 OTHER PROGRAM SERVICES 900099 287662 287662 287662 13808 13808 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 357470 287662 13808 0 0 0 0 217919 152543 32688 32688 0 0 0 0 14160 9912 2124 2124 0 0 34177 34177 0 0 0 24720 7416 15574 1730 10765 10765 610 518 31 61 515 464 51 0 19393 13575 2909 2909 14745 13305 720 720 0 48355 44233 4122 0 0 0 4060 2842 609 609 PAYROLL FEES 13873 9711 2081 2081 BANK & CREDIT CARD CHARGES 6534 4902 1632 DUES AND SUBSCRIPTIONS 4132 4132 413958 274318 90913 48727 63961 323075 508562 109262 90146 119150 0 67966 0 0 0 0 0 0 0 0 4616 3621 95843 95843 0 0 0 0 0 0 0 0 0 0 667285 623074 67342 81382 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 67342 81382 X 599943 541692 0 0 599943 541692 667285 623074 -56488 -1763 X false true X true false X X X 8 BAYLOR COLLEGE OF MEDICINE 741613878 2 true 0 0 RICE UNIVERSITY 741109620 2 true 0 0 THE UNIVERSITY OF HOUSTON SYSTEM 746001399 2 true 0 0 THE UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER AT HOUSTON 746041411 3 true 0 0 THE UNIVERSITY OF TEXAS MEDICAL BRANCH AT GALVESTON 746000949 3 true 0 0 THE METHODIST HOSPITAL RESEARCH INSTITUTE 741180155 3 true 0 0 TEXAS A&M UNIVERSITY 741238434 2 true 0 0 THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER 746001118 3 true 0 0 8 0 0 true false false false false false false false false false false false false false false true false 95843 0 95843 0 0 X 390090 32620 32620 357470 357470 446578 32620 32620 413958 413958 SCHEDULE D, PART X, LINE 2 ASC 740 (FIN 48) DISCLOSURE BIOHOUSTON IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS A PUBLIC CHARITY UNDER SECTION 170 (B) (1) (A) (VI). IT RECOGNIZES THE IMPACT OF AN UNCERTAIN TAX POSITION ONLY IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITY BASED ON THE TECHNICAL MERITS. BIOHOUSTON WILL ACCOUNT FOR INTEREST AND PENALTIES RELATING TO UNCERTAIN TAX POSITIONS IN THE CURRENT PERIOD STATEMENT OF ACTIVITIES, IF NECESSARY. BIOHOUSTON IS A TYPE I SECTION 509(A)(3) SUPPORTING ORGANIZATION AND HAS RECEIVED DETERMINATION AS SUCH FROM THE IRS. X X X false false false false false false false false false ANN K TANABE CHIEF EXECUTIVE OFFICER 203000 21653 224653 FORM 990 PART 1, LINE 1 We host educational and networking events focused on the development of a robust life sciences ecosystem. form 990, part vi, line 1a EXECUTIVE COMMITTEE IS ELECTED BY THE BOARD OF DIRECTORS. MEMBERS INCLUDE THE BOARD CHAIR, VICE CHAIR, AND OTHER DIRECTORS, AS APPOINTED. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO OVERSEE THE DAY TO DAY OPERATIONS OF THE ORGANIZATION WITH OVERSIGHT BY THE FULL BOARD, AND MAY EXERCISE THE FULL POWER OF THE BOARD EXCEPT WITH RESPECT TO MATTERS ON WHICH THE BOARD HAS TAKEN ACTION, THE MEMBERS HAVE TAKEN ACTION, OR THE EXECUTIVE COMMITTEE IS PROHIBITED BY APPLICABLE LAW FROM TAKING ACTION. ORGANIZATION MEMBERS FORM 990, PART VI, LINES 6, 7A, & 7b ORGANIZATIONS DESCRIBED IN SECTIONS 501 (C) (3) or 170 (C) (1) AND SECTIONS 509 (A) (1) OR 509 (A) (2) OF THE CODE ARE ELIGIBLE TO BE MEMBERS. MEMBERS SHALL BE APPOINTED BY AND MAY BE REMOVED BY THE BOARD OF DIRECTORS. MEMBERS ARE ENTITLED TO VOTE OF MEMBERS. GENERALLY DIRECTORS ARE ELECTED AT THE ANNUAL MEETING OF THE MEMBERS. ANY VACANCY OCCURING IN THE BOARD MAY BE FILLED BY ELECTION AT AN ANNUAL MEETING OR SPECIAL MEETING OF MEMBERS CALLED FOR THAT PURPOSE. ANY DIRECTOR MAY BE REMOVED EITHER FOR OR WITHOUT CAUSE BY THE MEMBERS. FORM 990 REVIEW PROCESS FORM 990, PART VI, LINE 11B PRIOR TO FILING WITH THE IRS, THE ORGANIZATION'S FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE; A DRAFT OF THE FORM 990 IS PROVIDED ELECTRONICALLY TO BOARD MEMBERS FOR REVIEW PRIOR TO FILING. CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT FORM 990, PART VI, LINE 12C EACH DIRECTOR, PRINICPAL OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS IS REQUIRED TO ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE POLICY; HAS READ AND UNDERSTANDS THE POLICY; IS IN COMPLIANCE WITH THE POLICY; AND UNDERSTANDS THAT THE CORPORATION MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISHES ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. ANY IDENTIFIED CONFLICTS ARE BROUGHT TO THE EXECUTIVE COMMITTEE OR FULL BOARD OF DIRECTORS FOR RESOLUTION. OFFICER COMPENSATION APPROVAL FORM 990, PART VI, LINES 15A & 15B THE COMPENSATION COMMITTEE OF THE CORPORATION'S BOARD OF DIRECTORS, ALL OF WHOM ARE INDEPENDENT DIRECTORS, CONDUCTS AN ANNUAL REVIEW OF THE CEO, OTHER OFFICERS, AND KEY EMPLOYEES' PERFORMANCE AND COMPENSATION. THE REVIEW IS CONDUCTED IN EXECUTIVE SESSION. HOW DOCUMENTS ARE MADE AVAILABE TO THE PUBLIC FORM 990, PART VI, LINE 19 THE CORPORATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4D INCREASING THE AWARENESS OF THE LIFE SCIENCE INDUSTRY WITH THE GOAL OF ULTIMATELY INCREASING INVESTMENT IN REGINAL LIFE SCIENCE COMPANIES, ATTRACTING EXPERIENCED MANAGERS TO LOCAL LIFE SCIENCE COMPANIES AND ATTRACTING LIFE SCIENCE COMPANIES TO TEXAS EMPLOYEES REPORTED ON W-3 FORM 990, PART V, LINE 2A ALL EMPLOYEES ARE CONTRACTED THROUGH TRINET HR III-A, AN EMPLOYEE LEASING AGENCY; THEREFORE, BIOHOUSTON HAS NO EMPLOYEES DIRECTLY REPORTED ON A FORM W-3.