Compensation 990

Memphis Bioworks Foundation

Fiscal year ending 2018. Filed on November 15, 2019.

20 S Dudley Ste 900
300
Memphis, Tennessee 38103

Memphis Bioworks Foundation (EIN: 62-1858660), also known as Memphis Biotech Foundation, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Memphis Bioworks Foundation, a 501(c)(3) charitable organization, reported compensation for 10 out of 24 total employees. Among the employees shown here, the average compensation is $220,197. The highest compensated employee at Memphis Bioworks Foundation is Ken Woody with fiscal year 2018 compensation of $358,805.

Revenue, expenses, and employee compensation

Revenue

$4,798,717

Expenses

$5,286,428

Employee compensation

$1,716,785
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－4.8%vs 2017
Ken Woody
President - Innova Memphis
$358,805
$343,441 from orgNo related comp$15,364 other
＋13.8%vs 2017
Johannes Bouten
Vice President - Innova ME
$303,641
$285,716 from orgNo related comp$17,925 other
＋14.0%vs 2017
Phillip Cestaro Jr
President - Memphis Specia
$235,848
$211,948 from orgNo related comp$23,900 other
＋27.7%vs 2017
Leif E Honda
Vice President -Memphis SP
$221,626
$212,135 from orgNo related comp$9,491 other
－41.6%vs 2017
Steven J Bares
President/Exe. Director
$197,575
$136,039 from org$50,000 from related$11,536 other
＋4.6%vs 2017
Brandon Wellford
Chief Financial Officer
$197,498
$162,110 from org$20,000 from related$15,388 other
New in 2018
Dean Didato
AG Partner-Innova Memphis, INC
$184,912
$172,848 from orgNo related comp$12,064 other
＋48.8%vs 2017
Jon Wetzel
Vice President - Memphis S
$179,363
$158,373 from orgNo related comp$20,990 other
＋8.7%vs 2017
Peter Nelson
Vice President - AG Program
$161,350
$158,728 from orgNo related comp$2,622 other
New in 2018
Chris West
President - Zeroto510
$161,350
$158,728 from orgNo related comp$2,622 other

Non-Employee Board Members

Dr Kenneth Robinson
Board Member
Dr Neal Beckford
Board Member
Elaine L Tuomanen, M.D.
Board Member
Jason Little
Board Member
Johnnie Amonette
Board Member
Jr Hyde III
Chair
Larry Papasan
Board Member
M David Rudd, Ph.D.
Board Member
Michael Ugwueke
Board Member
Monice Moore Hagler
Board Member
Reginald Coopwood
Board Member
S Terry Canale, M.D.
Board Member

Mission Statement

THE FOUNDATION IS EXECUTING A STRATEGIC BUSINESS PLAN THAT LEVERAGES THE COMPETITIVE STRENGTHS WITHIN THE REGION WHILE EXPANDING THE INFRASTRUCTURE, EDUCATIONAL OPPORTUNITIES, AND ENTREPRENEUR SUPPORT NEEDED TO EXPAND BIOSCIENCE INDUSTRIES.

Revisions to this organization profile

November 7, 2025:
2024 Memphis Bioworks Foundation 990 filed
October 30, 2024:
2023 Memphis Bioworks Foundation 990 filed
November 15, 2023:
2022 Memphis Bioworks Foundation 990 filed

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