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Organizations Biotechnology Innovation Organization

Biotechnology Innovation Organization

Fiscal year ending 2022. Filed on November 10, 2023.

1201 New York Ave NW No 1300
Building B - Suite 514
Washington, District of Columbia 20005

Biotechnology Innovation Organization (EIN: 52-1224577) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Biotechnology Innovation Organization, a 501(c)(6) business league, reported compensation for 8 out of 175 total employees. Among the employees shown here, the average compensation is $911,452. The highest compensated employee at Biotechnology Innovation Organization is Michelle McMurry-Heath with fiscal year 2022 compensation of $2,643,411.

Revenue, expenses, and employee compensation

Revenue

$103,185,175

Expenses

$86,344,110

Employee compensation

$33,487,118
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michelle McMurry-Heath
President and CEO (Until NOV 2022)
$2,643,411
$2,345,095 No related comp$298,316
Richard Masters
Chief Public Affairs and Marketing Officer
$828,212
$748,964 No related comp$79,248
Nicholas Shipley
Chief Advocacy Officer
$818,852
$747,313 No related comp$71,539
Elizabeth Esham
Chief Science Officer
$730,836
$677,602 No related comp$53,234
Stephen Jasko
Chief Financial Officer, Executive Vice President Business Development
$725,113
$658,466 No related comp$66,647
Peter McHugh
Chief Legal Officer
$692,029
$610,444 No related comp$81,585
Joseph Damond Thru Jan 2022
Deputy Chief Policy Officer and Executive Vice President IN'L Affairs
$605,595
$600,225 No related comp$5,370
Rachel K King Pres Ceo
Emeritus Board MEM (Since NOV 2022)
$247,571
$241,642 No related comp$5,929

Benchmark Employee Compensation

Non-Employee Board Members

Aamir Malik
Director
Adelene Q Perkins
Director
Alex Karnal
Director
Alexandria Forbes
Director
Amir Nashat
Director
Andrew Obenshain
Director
Angela Carisa Ailloni
Director
Anna Rath
Director
Anthony Mancini
Director
Barry P Flannelly
Director
Bill Sibold
Director
Bob More
Director (Until JUNE 2022)

Contractors

Arentfox Schiff LLP
Legal
$677,194
The Samantha Sault Agency LLC
Editorial Support
$621,818
Markstein Consulting LLC
Communications and Marketing
$596,081
M LLC
Creative Strategy Direction
$576,207
O'keefe Communications
Event Staging and Labor
$482,261

Mission Statement

THE BIOTECHNOLOGY INNOVATION ORGANIZATION (BIO) REPRESENTS APPROXIMATELY 1,000 COMPANIES AND ORGANIZATIONS IN WASHINGTON DC, STATE CAPITALS, AND INTERNATIONAL FORA. BIO IS FOUNDED ON THE PRINCIPLE THAT POLICY MUST NURTURE INNOVATION IN THE LIFE SCIENCES TO OVERCOME CHALLENGES IN HEALTH CARE, AGRICULTURE, INDUSTRY, AND THE ENVIRONMENT. OUR MEMBERS REPRESENT COMPANIES OFFERING A SPECTRUM OF BIOTECHNOLOGY APPLICATIONS ACROSS MAJOR SECTORS OF THE ECONOMY. BIO MEMBERS ALSO INCLUDE UNIVERSITIES, NONPROFITS, PATIENT GROUPS, AND OTHER ORGANIZATIONS THAT PLAY AN IMPORTANT ROLE IN THE FUTURE OF THE LIFE SCIENCES. BIO'S ACTIVITIES ARE BROKEN DOWN INTO TWO PROGRAMS - ADVOCACY AND SERVICES.

Revisions to this organization profile

November 7, 2025:
2024 Biotechnology Innovation Organization 990 filed
November 5, 2024:
2023 Biotechnology Innovation Organization 990 filed
November 10, 2023:
2022 Biotechnology Innovation Organization 990 filed

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Illinois Biotechnology Innovation Organization
Chicago, Illinois