MOUNT DESERT ISLAND BIOLOGICAL LABORATORY: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MOUNT DESERT ISLAND BIOLOGICAL LABORATORY (EIN 01-0202467)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202403199349310945
- Schema version
- 2023v5.1
- 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 A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T14:17:33-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010494526 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Newman & Noyes | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 507 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010202467 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mount Desert Island Biological | BusinessNameLine1Txt |
| Business Name Line2 | Laboratory | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MOUN | BusinessNameControlTxt |
| Phone | 2072883605 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 35 | AddressLine1Txt |
| City | Salisbury Cove | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 046720035 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dr Thomas A Boyd | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 2072883605 | PhoneNum |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Connor Smart | PreparerPersonNm |
| PTIN | P02285543 | PTIN |
| Phone | 2078792100 | PhoneNum |
| Preparation | 2024-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Hermann Haller | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 35 | AddressLine1Txt |
| City | Salisbury Cove | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 046720035 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $16,388,330 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | https://mdibl.org/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1898 | FormationYr |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Activity Or Mission | We seek to improve human health by discovering novel mechanisms of tissue repair (See Schedule O) We seek to improve human health by discovering novel mechanisms of tissue aging and regeneration, as well as understanding the health impacts of environmental chemicals. We translate our discoveries for the benefit of medicine and society and are dedicated to developing the next generation of scientific leaders through hands-on training. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 135 | TotalEmployeeCnt |
| Total Volunteers | 39 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $11,650,671 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,120,349 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,169,293 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $971,788 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$821,176 | PYInvestmentIncomeAmt |
| CY Investment Income | -$30,366 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $11,998,788 | PYTotalRevenueAmt |
| CY Total Revenue | $14,061,771 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $349,378 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,141,528 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,706,921 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,846,148 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $935,658 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $8,197,497 | PYOtherExpensesAmt |
| CY Other Expenses | $5,858,396 | CYOtherExpensesAmt |
| PY Total Expenses | $15,253,796 | PYTotalExpensesAmt |
| CY Total Expenses | $16,846,072 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$3,255,008 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,784,301 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $30,472,418 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,821,400 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,692,786 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,632,000 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $24,779,632 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $23,189,400 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | To improve human health by discovering fundamental mechanisms of tissue repair, aging and regeneration, translating our discoveries for the benefit of medicine and society, and developing the next generation of scientific leaders. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,613,953 | ExpenseAmt |
| Grant | $1,687,825 | GrantAmt |
| Revenue | $51,317 | RevenueAmt |
| Desc | Research:Our scientists study a broad array of research models to identify the cellular basis for regeneration and aging in humans and how environmental toxins such as arsenic and PFAS impact our susceptibility to disease. Our goal is to develop new therapeutic approaches to enhance our ability to repair cellular damage and resist the degenerative changes that occur with age.2023 was a milestone year for MDI Biological Laboratory as we celebrated 125 years of scientific excellence. (Continued on Schedule O)Our scientists secured more than $7 million in federal funding, collaborated with 20 visiting scientists, and continued to expand our drug discovery activities through MDI Biosciences. Our efforts to develop animal models for drug screening are bearing fruit in a new promising project with the Bigelow Laboratory for Ocean Sciences in East Boothbay, Maine. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,873,498 | ExpenseAmt |
| Grant | $1,453,703 | GrantAmt |
| Revenue | $920,471 | RevenueAmt |
| Desc | Education:The MDI Biological Laboratory provides hands-on biomedical training to hundreds of students and professional from all around the world each year. The MDI Biological Laboratory leads a collaborative biomedical research training network made up of 17 education and research institutions throughout Maine. The network prepares students for 21st century careers and equips faculty with the skills and resources to expand research.2023 marked the 50th year of our Maine Biological and Medical Science Symposium, one of MDI Bio Lab's 21 courses and conferences. (Continued on Schedule O)We had an 85% growth in our graduate program and welcomed 24 master's and Ph.D. students from 14 countries, in addition to 24 undergraduate summer fellowship students.Our citizen science program facilitated 33,707 observations through Anecdata.org, identifying harmful algal cells in Frenchman Bay, testing well water and soil samples for the presence of arsenic, and other toxins. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $12,487,451 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | 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 | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | 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 | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | 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 | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 141 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 135 | 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 |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| 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 | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | 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 | Yes (1) | 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 | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Claudine Lurvey | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2072883605 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 159 Old Bar Harbor Road | AddressLine1Txt |
| City | Salisbury Cove | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04672 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Bruce A Stanton PhD | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $9,500 | $0 | $0 | |||
| Hermann Haller MD | |||||||||
| President | 40.00 | 0.00 | Yes (X) | $350,000 | $0 | $50,459 | Yes (X) | ||
| Phoebe C Boyer | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Terence Boylan | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Ruth Cserr | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Sigmar H Gabriel | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| John A Hays | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Anne H Lehmann | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Anna Maynard | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Alan B Miller Esq | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| I Wistar Morris III | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Elizabeth R Myers PhD | |||||||||
| Trustee (start July 2023) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Margaret A Myers MD | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Dennis L Shubert MD PhD | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Christopher P Sighinolfi | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Clare Stone | |||||||||
| Trustee (end July 2023) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Daphne Trotter Esq | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Robert T Whitman | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Alan W Kornberg Esq | |||||||||
| Chair | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Edward J Benz Jr MD | |||||||||
| Vice Chair | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Thomas A Boyd PhD | |||||||||
| Treasurer | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Janis L Coates PhD | |||||||||
| Secretary | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Claudine Lurvey | |||||||||
| VP of Finances | 40.00 | 0.00 | $152,180 | $0 | $36,860 | Yes (X) | |||
| Jerilyn M Bowers | |||||||||
| VP External Affairs/Chief of Staff | 40.00 | 0.00 | $133,931 | $0 | $17,934 | Yes (X) | |||
| Iain A Drummond PhD | |||||||||
| VP of Research | 40.00 | 0.00 | $191,441 | $0 | $33,139 | Yes (X) | |||
| James Strickland | |||||||||
| VP of Strategic Initiatives | 40.00 | 0.00 | $199,371 | $0 | $42,684 | Yes (X) | |||
| Joel H Graber PhD | |||||||||
| Director of Computational Biology | 40.00 | 0.00 | $152,974 | $0 | $26,898 | Yes (X) | |||
| Dustin Updike PhD | |||||||||
| Associate Professor | 40.00 | 0.00 | $122,775 | $0 | $35,293 | Yes (X) | |||
| Aric N Rogers PhD | |||||||||
| Associate Professor | 40.00 | 0.00 | $126,026 | $0 | $17,648 | Yes (X) | |||
| James A Coffman PhD | |||||||||
| Associate Professor | 40.00 | 0.00 | $125,753 | $0 | $24,311 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,563,951 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $285,226 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 15 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Coastline Homes | |||||
| 8 US Route 1 | Hancock | ME | 04640 | Construction Services | $529,967 |
| ABM Mechanical Inc | |||||
| 33 Dowd Road Unit 1 | Bangor | ME | 04401 | Plumbing/HVAC Services | $134,087 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $715 | MembershipDuesAmt |
| Government Grants | $7,930,931 | GovernmentGrantsAmt |
| All Other Contributions | $5,188,703 | AllOtherContributionsAmt |
| Noncash Contributions | $380,352 | NoncashContributionsAmt |
| Total Contributions | $13,120,349 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Conference and Course Fees | 541700 | $724,670 | $724,670 |
| Housing Fees | 721310 | $126,000 | $126,000 |
| Research Fees | 541700 | $51,317 | $51,317 |
| Dining Hall Fees | 722514 | $43,312 | $43,312 |
| Laboratory Fees | 541700 | $21,693 | $21,693 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,796 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,796 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $971,788 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $248,060 | TotalRevenueColumnAmt |
| Exclusion | $248,060 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,048,133 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,324,359 | SecuritiesAmt |
| Other | $2,200 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$276,226 | SecuritiesAmt |
| Other | -$2,200 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$278,426 | TotalRevenueColumnAmt |
| Exclusion | -$278,426 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,061,771 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $971,788 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$30,366 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,691,825 | TotalAmt |
| Program Services | $1,691,825 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,449,703 | TotalAmt |
| Program Services | $1,449,703 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $975,444 | TotalAmt |
| Program Services | $654,946 | ProgramServicesAmt |
| Management And General | $243,368 | ManagementAndGeneralAmt |
| Fundraising | $77,130 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,525,444 | TotalAmt |
| Program Services | $3,694,503 | ProgramServicesAmt |
| Management And General | $1,403,873 | ManagementAndGeneralAmt |
| Fundraising | $427,068 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,004 | TotalAmt |
| Program Services | $188,869 | ProgramServicesAmt |
| Management And General | $71,891 | ManagementAndGeneralAmt |
| Fundraising | $24,244 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $594,703 | TotalAmt |
| Program Services | $410,012 | ProgramServicesAmt |
| Management And General | $128,017 | ManagementAndGeneralAmt |
| Fundraising | $56,674 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $465,553 | TotalAmt |
| Program Services | $319,550 | ProgramServicesAmt |
| Management And General | $110,642 | ManagementAndGeneralAmt |
| Fundraising | $35,361 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,168 | TotalAmt |
| Management And General | $91,168 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,137 | TotalAmt |
| Management And General | $39,137 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,515 | TotalAmt |
| Program Services | $115 | ProgramServicesAmt |
| Management And General | $1,400 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,383 | TotalAmt |
| Management And General | $22,383 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $705,801 | TotalAmt |
| Program Services | $365,854 | ProgramServicesAmt |
| Management And General | $170,573 | ManagementAndGeneralAmt |
| Fundraising | $169,374 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,518 | TotalAmt |
| Program Services | $23,246 | ProgramServicesAmt |
| Management And General | $63,056 | ManagementAndGeneralAmt |
| Fundraising | $7,216 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,327 | TotalAmt |
| Program Services | $23,911 | ProgramServicesAmt |
| Management And General | $107,599 | ManagementAndGeneralAmt |
| Fundraising | $24,817 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,683 | TotalAmt |
| Program Services | $93,137 | ProgramServicesAmt |
| Management And General | $164,216 | ManagementAndGeneralAmt |
| Fundraising | $14,330 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $715,852 | TotalAmt |
| Program Services | $644,926 | ProgramServicesAmt |
| Management And General | $52,342 | ManagementAndGeneralAmt |
| Fundraising | $18,584 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $229,815 | TotalAmt |
| Program Services | $147,761 | ProgramServicesAmt |
| Management And General | $51,222 | ManagementAndGeneralAmt |
| Fundraising | $30,832 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,539 | TotalAmt |
| Program Services | $94,365 | ProgramServicesAmt |
| Management And General | $79,964 | ManagementAndGeneralAmt |
| Fundraising | $6,210 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,565 | TotalAmt |
| Management And General | $203,565 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,391,903 | TotalAmt |
| Program Services | $1,325,638 | ProgramServicesAmt |
| Management And General | $53,092 | ManagementAndGeneralAmt |
| Fundraising | $13,173 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $188,527 | TotalAmt |
| Program Services | $4,169 | ProgramServicesAmt |
| Management And General | $184,056 | ManagementAndGeneralAmt |
| Fundraising | $302 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Research/other supplies | $1,071,874 | $992,111 | $64,278 | $15,485 |
| Research and education | $494,789 | $362,810 | $117,121 | $14,858 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,846,072 | TotalAmt |
| Program Services | $12,487,451 | ProgramServicesAmt |
| Management And General | $3,422,963 | ManagementAndGeneralAmt |
| Fundraising | $935,658 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,941,490 | BOYAmt |
| EOY | $20,482 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,061,052 | BOYAmt |
| EOY | $5,665,582 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,140,428 | BOYAmt |
| EOY | $1,321,596 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,898 | BOYAmt |
| EOY | $79,042 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,081 | BOYAmt |
| EOY | $22,078 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,211 | BOYAmt |
| EOY | $72,173 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $33,432,211 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,509,477 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,104,575 | BOYAmt |
| EOY | $12,922,734 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,026,683 | BOYAmt |
| EOY | $8,717,713 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,472,418 | BOYAmt |
| EOY | $28,821,400 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,418,887 | BOYAmt |
| EOY | $1,719,697 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $918,802 | BOYAmt |
| EOY | $720,784 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,445,000 | BOYAmt |
| EOY | $3,191,519 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$89,903 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,692,786 | BOYAmt |
| EOY | $5,632,000 | 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 | $17,903,291 | BOYAmt |
| EOY | $15,574,115 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,876,341 | BOYAmt |
| EOY | $7,615,285 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,779,632 | BOYAmt |
| EOY | $23,189,400 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,472,418 | BOYAmt |
| EOY | $28,821,400 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$2,784,301 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,194,069 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,269,995 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,407,860 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,516,354 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,650,671 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,120,349 | CurrentTaxYearAmt |
| Total | $59,965,229 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,269,995 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,407,860 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,516,354 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,650,671 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,120,349 | CurrentTaxYearAmt |
| Total | $59,965,229 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,185,314 | SubstantialContributorsTotAmt |
| Public Support Total170 | $54,779,915 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $288,440 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $198,804 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $408,228 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $219,315 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $248,060 | CurrentTaxYearAmt |
| Total | $1,362,847 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $61,328,076 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $5,344,422 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.89320 | PublicSupportCY170Pct |
| Public Support PY170 | 0.90090 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | Yes (1) | GrantsOtherOrganizationsInd |
| Grants Other Organizations | $1,515 | GrantsOtherOrganizationsAmt |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $2,251 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $3,766 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B, Line 1: | FormAndLineReferenceDesc |
| Explanation | The Organization and/or its employees participate in various professional, scientific, and research associations and membership groups. The Organization is required to remit due and fees back to these associations to maintain its membership status. For the period covered by this Form 990, the Organization and/or its employees were members of: the International Zebrafish Society; the International Society of Nephrology; the American Society of Nephrology; the National Association of Independent Research Institutions; the Society for Human Resource Management; the Association of International Educators; and the Bioscience Association of Maine. The Organization's memberships with these various professional bodies allows the Organization to gain access to valuable benefits and resources that advance the Organization's charitable mission. However, it is possible that a portion of the dues paid to these associations may have been available for lobbying expenditure by the associations on behalf of their members, and in furtherance of their members' scientific goals. The Organization estimates that during this tax year, of all dues and fees paid across all memberships, approximately $1,515 may have been available for lobbying purposes. Additionally, a nominal amount of employee staff time may be devoted to meeting with members of the Maine Legislature, for the purpose of discussing matters of scientific importance that directly relate to or impact the Organization's charitable and exempt mission. The Organization estimates that approximately $2,251 of employee expenses were paid during this tax year so that employees of the Organization could meet with and discuss such issues with political representatives in Augusta, Maine. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,991,979 | BeginningYearBalanceAmt |
| Contributions | $2,464,785 | ContributionsAmt |
| Investment Earnings Or Losses | $1,118,918 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $43,488 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,046,932 | OtherExpendituresAmt |
| Administrative Expenses | $15,036 | AdministrativeExpensesAmt |
| End Year Balance | $12,470,226 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,448,865 | BeginningYearBalanceAmt |
| Contributions | $685,587 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,795,407 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $99,396 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,220,855 | OtherExpendituresAmt |
| Administrative Expenses | $26,815 | AdministrativeExpensesAmt |
| End Year Balance | $13,991,979 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,250,678 | BeginningYearBalanceAmt |
| Contributions | $4,851,490 | ContributionsAmt |
| Investment Earnings Or Losses | $1,145,522 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $36,373 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,741,342 | OtherExpendituresAmt |
| Administrative Expenses | $21,110 | AdministrativeExpensesAmt |
| End Year Balance | $18,448,865 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,359,883 | BeginningYearBalanceAmt |
| Contributions | $1,262,118 | ContributionsAmt |
| Investment Earnings Or Losses | $980,414 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $20,174 | GrantsOrScholarshipsAmt |
| Other Expenditures | $277,492 | OtherExpendituresAmt |
| Administrative Expenses | $54,071 | AdministrativeExpensesAmt |
| End Year Balance | $14,250,678 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,197,712 | BeginningYearBalanceAmt |
| Contributions | $393,849 | ContributionsAmt |
| Investment Earnings Or Losses | $1,399,696 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $49,865 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,556,629 | OtherExpendituresAmt |
| Administrative Expenses | $24,880 | AdministrativeExpensesAmt |
| End Year Balance | $12,359,883 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.39000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.37000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.24000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $116,870 | OtherCostOrOtherBasisAmt |
| Book Value | $116,870 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,777,115 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,284,920 | DepreciationAmt |
| Book Value | $9,492,195 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,527,857 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,530,162 | DepreciationAmt |
| Book Value | $1,997,695 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,010,369 | OtherCostOrOtherBasisAmt |
| Depreciation | $694,395 | DepreciationAmt |
| Book Value | $1,315,974 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $12,922,734 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $15,233,457 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,194,069 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $1,194,069 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,039,388 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $22,383 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $22,383 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $14,061,771 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,823,689 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $16,823,689 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $22,383 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $22,383 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $16,846,072 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | Endowment Funds include both board designated quasi-endowments, permanent endowment, and temporarily restricted endowment funds. Board designated endowments are composed of funds voted to be set aside by the Board of Trustees for the purpose of generating a stream of income in support of the Organization's programs and operations. Permanent and temporarily restricted endowments are composed of funds with donor-imposed restrictions limiting the use of such funds for purposes such as research, education, and facilities. Such funds are set aside to generate a stream of income in furtherance of these purposes and, upon completion of time or use restraints, are released for expenditure. |
| Part X, Line 2: | The Organization is exempt from taxation under Section 501(c)(3) of the Internal Revenue Code. Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items, including unrelated business income or tax status. Under guidance issued by the Financial Accounting Standards Board (FASB), assets and liabilities are established for uncertain tax positions taken or positions expected to be taken in income tax returns when such positions are judged to not meet the "more-likely-than-not" threshold, based upon the technical merits of the position. Estimated interest and penalties, if applicable, related to uncertain tax positions are included as a component of income tax expense. Management has evaluated MDIBL's tax positions taken on its filed tax returns and concluded that MDIBL has maintained its tax-exempt status, does not have any significant unrelated business income and has taken no uncertain tax positions that require adjustment to the financial statements. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (17 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| Bowdoin College | ||||||||
| 5400 College Station | Brunswick | ME | 04011 | 010215213 | 501(c)(3) | $138,274 | $0 | Research and training subawards |
| College of the Atlantic | ||||||||
| 105 Eden Street | Bar Harbor | ME | 04609 | 237032625 | 501(c)(3) | $83,335 | $0 | Research and training subawards |
| Gordon Research Conferences | ||||||||
| 5586 Post Road G02 | East Greenwich | RI | 02818 | 260150662 | 501(c)(3) | $7,000 | $0 | Charitable sponsorship |
| Island Institute | ||||||||
| PO Box 648 | Rockland | ME | 04841 | 222786731 | 501(c)(3) | $14,000 | $0 | Research and supply awards |
| Jackson Laboratory | ||||||||
| 600 Main Street | Bar Harbor | ME | 04609 | 010211513 | 501(c)(3) | $38,270 | $0 | Research and training subawards |
| President and Trustees of Bates College | ||||||||
| 2 Andrews Road | Lewiston | ME | 04240 | 010211781 | 501(c)(3) | $189,232 | $0 | Research and training subawards |
| President and Trustees of Colby College | ||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 010211497 | 501(c)(3) | $176,510 | $0 | Research and training subawards |
| Schoodic Institute at Acadia National Park | ||||||||
| PO Box 277 | Winter Harbor | ME | 04693 | 201054593 | 501(c)(3) | $20,382 | $0 | Research and training subawards |
| Southern Maine Community College | ||||||||
| 2 Fort Road | South Portland | ME | 04106 | GOV | $89,788 | $0 | Research and training subawards | |
| The Rogosin Institute Inc | ||||||||
| 504-506 East 74th Street | New York | NY | 10021 | 133184198 | 501(c)(3) | $267,110 | $0 | Research and training subawards |
| Town of Bar Harbor | ||||||||
| 93 Cottage Street | Bar Harbor | ME | 04609 | GOV | $10,000 | $0 | PILOT Gift | |
| Trustees of Dartmouth College | ||||||||
| 11 Rope Ferry Road | Hanover | NH | 03755 | 020222111 | 501(c)(3) | $39,705 | $0 | Research and training subawards |
| University of Maine | ||||||||
| 5717 Corbett Hall | Orono | ME | 04469 | GOV | $300,460 | $0 | Research and training subawards | |
| University of Maine Farmington | ||||||||
| 224 Main Street | Farmington | ME | 04938 | GOV | $48,552 | $0 | Research and training subawards | |
| University of Maine Orono | ||||||||
| 5717 Corbett Hall | Orono | ME | 04469 | GOV | $9,252 | $0 | Graduate study and travel | |
| University of Maine Presque Isle | ||||||||
| 181 Main Street | Presque Isle | ME | 04769 | GOV | $34,569 | $0 | Research and training subawards | |
| UT Southwestern Medical Center | ||||||||
| PO Box 841765 | Dallas | TX | 75284 | GOV | $221,386 | $0 | Research and training subawards | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 17 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|
| Graduate Student Assistantships | 25 | $346,409 | |||
| Campus Research and Supply Awards | 22 | $1,503 | $99,805 | Amount per Book | Housing and on-campus accommodations; room and board fees. |
| Student Fellowships | 17 | $101,465 | $65,490 | Amount per Book | Housing and on-campus accommodations; room and board fees. |
| RRC Research Awards to Faculty at INBRE Partner Institutions | 6 | $12,159 | |||
| INBRE Research Project Sub-Awards to Faculty at INBRE Partner Institutions | 14 | $822,872 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Mount Desert Island Biological Labs provides grants, awards, and scholarships to multiple organizations and individuals annually. Such awards are intrinsic to our exempt mission to advance scientific research and train the next generation of scientists, physicians and entrepreneurs. In part through our grants and awards programs, funded through federal grants and institutional endowment funds, The MDI Biological Laboratory provides biomedical training to more than 600 students each year. Our training programs emphasize hands-on experiences, problem solving, communication and partnership building. We offer opportunities to students and professionals at all levels, including middle and high school students, undergraduates, graduate students, and post-doctoral research fellows, as well as practicing physicians, veterinarians, scientists, teachers, and members of the public from all backgrounds. Additionally, we offer hands-on residential research fellowships to undergraduate, graduate and post-doctoral fellows. Participants join our active, global scientific community and have access to state-of-the-art research laboratories and core facilities, support staff and our inspirational coastal setting. Outside of supporting the education of future scientific leaders, we also provide subawards to other collaborating scientific and research institutions through several grants including the Maine IDeA Network of Biomedical Research Excellence (INBRE). As the founder and leader of the Maine INBRE program, a collaborative network of 17 Maine educational and research institutions sponsored by the National Institute of General Medical Sciences (NIGMS) of the National Institutes of Health (NIH), the MDI Biological Laboratory issues subawards to collaborating partners. The Maine INBRE strengthens Maine's capacity to conduct competitive biomedical research by focusing on three key areas: 1. Creating a technically skilled workforce in Maine through biomedical research training for undergraduates. 2. Providing research support to young faculty to increase their competitiveness for federal (NIH) biomedical research grants. 3. Improving the research infrastructure available to INBRE institutions through a collaborative network of core facilities with state-of-the-art equipment. The program provides research support and core facilities to junior faculty and creates research and training opportunities for undergraduate and graduate students. It serves as a pipeline for students interested in biomedical research careers and builds the scientific and technical capacity of Maine's workforce. The Organization adopts and maintains strict and thorough recordkeeping practices for all grants and awards, so that all expended funds are used as intended and in alignment with the mission of the Organization. Grants and awards are also subject to the review and oversight of top management and finance personnel. Lastly, as certain grants paid by the Organization are funded through Federal Grant Subaward Agreements, the Organization also routinely and fully complies with Federal Award Audit requirements, to ensure that all records accounting for such subawards are timely, accurate, and complete. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hermann Haller MD | ||||||||||||||
| President | $300,000 | $0 | $50,000 | $0 | $0 | $0 | $22,500 | $0 | $27,959 | $0 | $400,459 | $0 | $0 | $0 |
| James Strickland | ||||||||||||||
| VP of Strategic Initiatives | $166,038 | $0 | $33,333 | $0 | $0 | $0 | $14,191 | $0 | $28,493 | $0 | $242,055 | $0 | $0 | $0 |
| Iain A Drummond PhD | ||||||||||||||
| VP of Research | $191,441 | $0 | $0 | $0 | $0 | $0 | $14,630 | $0 | $18,509 | $0 | $224,580 | $0 | $0 | $0 |
| Claudine Lurvey | ||||||||||||||
| VP of Finances | $152,180 | $0 | $0 | $0 | $0 | $0 | $11,777 | $0 | $25,083 | $0 | $189,040 | $0 | $0 | $0 |
| Joel H Graber PhD | ||||||||||||||
| Director of Computational Biology | $152,974 | $0 | $0 | $0 | $0 | $0 | $11,768 | $0 | $15,130 | $0 | $179,872 | $0 | $0 | $0 |
| Dustin Updike PhD | ||||||||||||||
| Associate Professor | $122,775 | $0 | $0 | $0 | $0 | $0 | $9,618 | $0 | $25,675 | $0 | $158,068 | $0 | $0 | $0 |
| Jerilyn M Bowers | ||||||||||||||
| VP External Affairs/Chief of Staff | $133,931 | $0 | $0 | $0 | $0 | $0 | $10,119 | $0 | $7,815 | $0 | $151,865 | $0 | $0 | $0 |
| James A Coffman PhD | ||||||||||||||
| Associate Professor | $125,753 | $0 | $0 | $0 | $0 | $0 | $9,610 | $0 | $14,701 | $0 | $150,064 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | The President lives in the President's Cottage located on the Mount Desert Island Biological Laboratory campus. The Organization estimates the annual value of this housing to be approximately $27,720. Due to the nature of the President's responsibilities, including the need for the President to be on campus and accessible at nearly all hours on a daily basis, this lodging has been deemed by the Organization to be furnished for the convenience of Mount Desert Island Biological Laboratory, and that such a living arrangement is required for the President's position. Accordingly, the value of the housing allowance has not been included in the President's taxable compensation, though it is included in the total amount of non-taxable benefits reported on this Schedule J, Part II, Column D. |
| Part I, Line 7 | From time-to-time, subject to the Organization's compensation and benefit review and approval procedures and as budgets allow, the Organization may award bonuses, awards, incentive compensation, or other non-fixed payments to reward employees to accomplishing performance goals or for meeting terms of service milestones. Such payments are discretionary and based on pre-determined goals and evaluation metrics. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Finance Authority of Maine | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 010392006 | BondIssuerEIN |
| Bond Issued | 2009-10-01 | BondIssuedDt |
| Issue Price | $5,000,000 | IssuePriceAmt |
| Purpose | Refinance of Capital Project/Construction Bonds | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $1,725,000 | RetiredAmt |
| Total Proceeds | $5,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $182,671 | IssuanceCostsFromProceedsAmt |
| Substantial Completion | 2008 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Morgan Stanley | BusinessNameLine1Txt |
| Business Name Line2 | Capital | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 29.300000000000 | TermOfHedgePct |
| Superintegrated Hedge | Yes (1) | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990, Schedule K, Part IV, Line 7; and Part V: | FormAndLineReferenceDesc |
| Explanation | As of the time of filing this Form 990, Schedule K, Mount Desert Island Biological Laboratory ("MDIBL") has not yet adopted formal written policies as described on this Schedule K, Part IV, Line 7, or Part V. However, the Organization confers with legal counsel and key finance personnel to monitor the bonds, the usage of the bond proceeds, and the compliance and documentation thereof. Furthermore, MDIBL is in the process of developing appropriate written policies regarding these bonds, and intends to implement them as soon as feasible. | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Revidia Therapeutics (fka Nova Biosciences Inc) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Org | Former President - 35% entity | RelationshipWithOrgTxt |
| Loan Purpose | Legal Expenses | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $120,012 | OriginalPrincipalAmt |
| Balance Due | $22,078 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $22,078 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $15,828 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Fair Market Value | MethodOfDeterminingRevenuesTxt |
Boats And Planes BoatsAndPlanesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $14,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Fair Market Value | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $255,826 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Gift Date Value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Research stocks | 2 | $85,500 | Fair Market Value |
| Yes (X) | Donated meals | 1 | $9,198 | Invoice Value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 32b: | FormAndLineReferenceDesc |
| Explanation | The Organization engages qualified brokerages, financial advisors, and other professionals to assist the Organization in managing and processing non-cash donations when received and as is applicable. Certain non-cash gifts and gifts-in-kind are incorporated into and utilized by the Organization within its general operations and programmatic activities when such non-cash gifts are made available. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Board members Elizabeth R. Myers, Ph.D. and Margaret A. Myers, M.D. share a family relationship. |
| Form 990, Part VI, Section A, line 6 | The Organization shall have three classes of members: 1. Regular Members 2. Associate Members, and 3. Honorary Members Regular Members shall be scientists with advanced degrees who have worked at the Organization for at least one season or such other persons as the Trustees may elect. Associate Members are individuals who are interested in the aims and purposes of the Organization but are not Regular or Honorary Members. An Honorary Member is an individual who is either a distinguished scientist who has had some association with the Organization or is an individual who has contributed significantly to the welfare of the Organization and who is elected an Honorary Member by the Board of Trustees. |
| Form 990, Part VI, Section A, line 7a | Proposed nominations for election to the Board of Governing Trustees may be submitted to the Nominating Committee for research and consideration by any member of the Board of Governing Trustees and by any member of the Organization. Proposed nominations shall be submitted in writing with information required by the Nominating Committee. The Nominating Committee shall present its nominees for election as Governing Trustees in the notice of the annual meeting of Members. No other nominations shall be permitted. Election at the annual meeting shall be by majority vote of the Members of the Organization. |
| Form 990, Part VI, Section B, line 11b | The Form 990 is prepared with the assistance of an independent CPA firm. The CPA firm coordinates with key officers and finance personnel of the Organization to prepare and review a draft of the Form 990 prior to its filing with the IRS. This draft of the Form 990 is reviewed by senior management and the chair of the governance committee, and made available for full board review prior to filing. |
| Form 990, Part VI, Section B, line 12c | The board of trustees are asked to review the conflict of interest policy and disclose any potential conflicts annually, the organization monitors the conflict of interest issues for scientists at the time of hire as well as for scientists and other key people on NIH grants at key times during individual grant cycles. The chairman of the board has charged the Governance Committee with reviewing the written policy on an annual basis and ensuring that each member of the board reads and signs the policy annually. Should they arise, potential conflicts of interest are addressed by the board. Completion of conflict of interest forms and related matters are a formal agenda item for at least one board meeting annually. |
| Form 990, Part VI, Section B, line 15 | The President's conditions for term of service as well as salary and other compensation is determined by the Board of the Trustees. In this process, the Organization uses comparability data from other non-profits in its operating area and in same field of scientific research to determine reasonable and market rate compensation and benefits to be offered to the Organization's officers and key employees. |
| Form 990, Part VI, Section C, line 19 | The Organization's provides copies of its Form 990 tax returns and its audited financial statements on its website at the following address: https://mdibl.org/about/impact-report-2023/ Other documents, such as various governance statements, bylaws, and the Organization's conflict of interest policy, are available upon request. |
| Form 990, Part XII, Line 2c: | During its 2023 tax year, the Organization engaged a new independent public accounting firm, Baker Newman Noyes, to perform an audit of the Organization's financial statements and to assist in the subsequent preparation and filing of the Organization's annual Form 990. The audit was subject to the review and oversight of the Organization's Executive Director, finance and audit committees, and key financial and business personnel within the Organization. Additionally, the Organization's audited financial statements and Form 990 are subject to review by the Organization's independent Board of Trustees prior to their issuance. |