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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Illinois Biotechnology Innovation Organization

Illinois Biotechnology Innovation Organization

Fiscal year ending 2018. Filed on November 13, 2019.

500 W Madison St No 1000
Chicago, Illinois 60661

Illinois Biotechnology Innovation Organization (EIN: 36-4225980) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2018 IRS Form 990 filing, Illinois Biotechnology Innovation Organization, a 501(c)(6) business league, reported compensation for 5 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$765,604

Expenses

$739,048

Employee compensation

$297,491
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Paul Bloom, Ph.D.
Vice Chair
$0
Norbert Riedel
Member at-large
$0
Tim Walbert
Former Chair
$0
Walt Johnson
Chair
$0
John Conrad
President and Chief Executive Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Ashish Khanna
Director
Azmi Nabulsi
Director
Blaire Komasinski
Director
Brian McCarthy
Director
Charlie Tobler
Director
Dan Lyne
Director
David Flowers
Director
Drue Druncan
Director
Gretchen Johnson
Member at-large
James White
Director
John Bathery
Director
John Larson
Director

Mission Statement

TO MAKE ILLINOIS AND THE SURROUNDING MIDWEST ONE OF THE WORLD'S TOP LIFE SCIENCES CENTERS, A GREAT PLACE TO DO BUSINESS, AND A GREAT PLACE TO GROW NEW TECHNOLOGY VENTURES. IBIO PROMOTES SOUND POLICY AT THE LOCAL, STATE, AND FEDERAL LEVELS; IMPROVES ITS REGION'S ABILITY TO CREATE, ATTRACT, AND RETAIN BUSINESSES; ORCHESTRATES INDUSTRY INVOLVEMENT TO HELP SOLVE AMERICA'S MATH AND SCIENCE EDUCATION CRISIS; AND CONTRIBUTES TO THE WELL-BEING OF PEOPLE WORLDWIDE BY CREATING NEW JOBS, WEALTH, AND PROSPERITY.

Revisions to this organization profile

November 12, 2025:
2024 Illinois Biotechnology Innovation Organization 990 filed
November 14, 2024:
2023 Illinois Biotechnology Innovation Organization 990 filed
November 13, 2023:
2022 Illinois Biotechnology Innovation Organization 990 filed

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