2024-11-14T14:17:33-06:00 2023-12-31 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990 2023-01-01 010202467 Mount Desert Island Biological Laboratory MOUN 2072883605 PO Box 35 Salisbury Cove ME 046720035 Dr Thomas A Boyd Treasurer 2072883605 2024-11-14 1 0 Connor Smart P02285543 2078792100 2024-11-14 2023 2024-10-15 13:58:12Z Hermann Haller PO Box 35 Salisbury Cove ME 046720035 16388330 0 X https://mdibl.org/ X 1898 ME 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. 21 20 135 39 0 0 11650671 13120349 1169293 971788 -821176 -30366 0 0 11998788 14061771 349378 3141528 0 0 6706921 7846148 0 0 935658 8197497 5858396 15253796 16846072 -3255008 -2784301 30472418 28821400 5692786 5632000 24779632 23189400 X 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. 0 0 9613953 1687825 51317 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. 2873498 1453703 920471 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. 12487451 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 141 0 1 135 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 20 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Claudine Lurvey 2072883605 159 Old Bar Harbor Road Salisbury Cove ME 04672 Bruce A Stanton PhD Trustee 1.00 0.00 X 9500 0 0 Hermann Haller MD President 40.00 0.00 X X 350000 0 50459 Phoebe C Boyer Trustee 1.00 0.00 X 0 0 0 Terence Boylan Trustee 1.00 0.00 X 0 0 0 Ruth Cserr Trustee 1.00 0.00 X 0 0 0 Sigmar H Gabriel Trustee 1.00 0.00 X 0 0 0 John A Hays Trustee 1.00 0.00 X 0 0 0 Anne H Lehmann Trustee 1.00 0.00 X 0 0 0 Anna Maynard Trustee 1.00 0.00 X 0 0 0 Alan B Miller Esq Trustee 1.00 0.00 X 0 0 0 I Wistar Morris III Trustee 1.00 0.00 X 0 0 0 Elizabeth R Myers PhD Trustee (start July 2023) 1.00 0.00 X 0 0 0 Margaret A Myers MD Trustee 1.00 0.00 X 0 0 0 Dennis L Shubert MD PhD Trustee 1.00 0.00 X 0 0 0 Christopher P Sighinolfi Trustee 1.00 0.00 X 0 0 0 Clare Stone Trustee (end July 2023) 1.00 0.00 X 0 0 0 Daphne Trotter Esq Trustee 1.00 0.00 X 0 0 0 Robert T Whitman Trustee 1.00 0.00 X 0 0 0 Alan W Kornberg Esq Chair 2.00 0.00 X X 0 0 0 Edward J Benz Jr MD Vice Chair 2.00 0.00 X X 0 0 0 Thomas A Boyd PhD Treasurer 2.00 0.00 X X 0 0 0 Janis L Coates PhD Secretary 2.00 0.00 X X 0 0 0 Claudine Lurvey VP of Finances 40.00 0.00 X 152180 0 36860 Jerilyn M Bowers VP External Affairs/Chief of Staff 40.00 0.00 X 133931 0 17934 Iain A Drummond PhD VP of Research 40.00 0.00 X 191441 0 33139 James Strickland VP of Strategic Initiatives 40.00 0.00 X 199371 0 42684 Joel H Graber PhD Director of Computational Biology 40.00 0.00 X 152974 0 26898 Dustin Updike PhD Associate Professor 40.00 0.00 X 122775 0 35293 Aric N Rogers PhD Associate Professor 40.00 0.00 X 126026 0 17648 James A Coffman PhD Associate Professor 40.00 0.00 X 125753 0 24311 1563951 0 285226 15 0 1 0 Coastline Homes 8 US Route 1 Hancock ME 04640 Construction Services 529967 ABM Mechanical Inc 33 Dowd Road Unit 1 Bangor ME 04401 Plumbing/HVAC Services 134087 2 715 7930931 5188703 380352 13120349 Conference and Course Fees 541700 724670 724670 Housing Fees 721310 126000 126000 Research Fees 541700 51317 51317 Dining Hall Fees 722514 43312 43312 Laboratory Fees 541700 21693 21693 4796 4796 971788 248060 248060 2048133 2324359 2200 -276226 -2200 -278426 -278426 14061771 971788 0 -30366 1691825 1691825 1449703 1449703 975444 654946 243368 77130 5525444 3694503 1403873 427068 285004 188869 71891 24244 594703 410012 128017 56674 465553 319550 110642 35361 91168 91168 39137 39137 1515 115 1400 22383 22383 705801 365854 170573 169374 93518 23246 63056 7216 156327 23911 107599 24817 271683 93137 164216 14330 715852 644926 52342 18584 229815 147761 51222 30832 180539 94365 79964 6210 203565 203565 1391903 1325638 53092 13173 188527 4169 184056 302 Research/other supplies 1071874 992111 64278 15485 Research and education 494789 362810 117121 14858 16846072 12487451 3422963 935658 2941490 20482 5061052 5665582 1140428 1321596 140898 79042 46081 22078 11211 72173 33432211 20509477 13104575 12922734 8026683 8717713 30472418 28821400 1418887 1719697 918802 720784 3445000 3191519 -89903 0 5692786 5632000 X 17903291 15574115 6876341 7615285 24779632 23189400 30472418 28821400 -2784301 1194069 0 X X 0 1 X 1 1 1 X 8269995 10407860 16516354 11650671 13120349 59965229 8269995 10407860 16516354 11650671 13120349 59965229 5185314 54779915 288440 198804 408228 219315 248060 1362847 61328076 5344422 0.89320 0.90090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 1 1515 1 2251 0 0 3766 0 Part II-B, Line 1: 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. 13991979 2464785 1118918 43488 5046932 15036 12470226 18448865 685587 -1795407 99396 3220855 26815 13991979 14250678 4851490 1145522 36373 1741342 21110 18448865 12359883 1262118 980414 20174 277492 54071 14250678 12197712 393849 1399696 49865 1556629 24880 12359883 0.39000 0.37000 0.24000 0 0 116870 116870 20777115 11284920 9492195 10527857 8530162 1997695 2010369 694395 1315974 12922734 X 15233457 1194069 1194069 14039388 22383 22383 14061771 16823689 0 16823689 22383 22383 16846072 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. 1 Bowdoin College 5400 College Station Brunswick ME 04011 010215213 501(c)(3) 138274 0 Research and training subawards College of the Atlantic 105 Eden Street Bar Harbor ME 04609 237032625 501(c)(3) 83335 0 Research and training subawards Gordon Research Conferences 5586 Post Road G02 East Greenwich RI 02818 260150662 501(c)(3) 7000 0 Charitable sponsorship Island Institute PO Box 648 Rockland ME 04841 222786731 501(c)(3) 14000 0 Research and supply awards Jackson Laboratory 600 Main Street Bar Harbor ME 04609 010211513 501(c)(3) 38270 0 Research and training subawards President and Trustees of Bates College 2 Andrews Road Lewiston ME 04240 010211781 501(c)(3) 189232 0 Research and training subawards President and Trustees of Colby College 4120 Mayflower Hill Waterville ME 04901 010211497 501(c)(3) 176510 0 Research and training subawards Schoodic Institute at Acadia National Park PO Box 277 Winter Harbor ME 04693 201054593 501(c)(3) 20382 0 Research and training subawards Southern Maine Community College 2 Fort Road South Portland ME 04106 GOV 89788 0 Research and training subawards The Rogosin Institute Inc 504-506 East 74th Street New York NY 10021 133184198 501(c)(3) 267110 0 Research and training subawards Town of Bar Harbor 93 Cottage Street Bar Harbor ME 04609 GOV 10000 0 PILOT Gift Trustees of Dartmouth College 11 Rope Ferry Road Hanover NH 03755 020222111 501(c)(3) 39705 0 Research and training subawards University of Maine 5717 Corbett Hall Orono ME 04469 GOV 300460 0 Research and training subawards University of Maine Farmington 224 Main Street Farmington ME 04938 GOV 48552 0 Research and training subawards University of Maine Orono 5717 Corbett Hall Orono ME 04469 GOV 9252 0 Graduate study and travel University of Maine Presque Isle 181 Main Street Presque Isle ME 04769 GOV 34569 0 Research and training subawards UT Southwestern Medical Center PO Box 841765 Dallas TX 75284 GOV 221386 0 Research and training subawards 17 0 Graduate Student Assistantships 25 346409 Campus Research and Supply Awards 22 1503 99805 Amount per Book Housing and on-campus accommodations; room and board fees. Student Fellowships 17 101465 65490 Amount per Book Housing and on-campus accommodations; room and board fees. RRC Research Awards to Faculty at INBRE Partner Institutions 6 12159 INBRE Research Project Sub-Awards to Faculty at INBRE Partner Institutions 14 822872 Part I, Line 2: 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. X 1 1 X X 0 0 0 0 0 0 0 1 0 Hermann Haller MD President 300000 0 50000 0 0 0 22500 0 27959 0 400459 0 0 0 James Strickland VP of Strategic Initiatives 166038 0 33333 0 0 0 14191 0 28493 0 242055 0 0 0 Iain A Drummond PhD VP of Research 191441 0 0 0 0 0 14630 0 18509 0 224580 0 0 0 Claudine Lurvey VP of Finances 152180 0 0 0 0 0 11777 0 25083 0 189040 0 0 0 Joel H Graber PhD Director of Computational Biology 152974 0 0 0 0 0 11768 0 15130 0 179872 0 0 0 Dustin Updike PhD Associate Professor 122775 0 0 0 0 0 9618 0 25675 0 158068 0 0 0 Jerilyn M Bowers VP External Affairs/Chief of Staff 133931 0 0 0 0 0 10119 0 7815 0 151865 0 0 0 James A Coffman PhD Associate Professor 125753 0 0 0 0 0 9610 0 14701 0 150064 0 0 0 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. A Finance Authority of Maine 010392006 2009-10-01 5000000 Refinance of Capital Project/Construction Bonds 0 0 0 A 1725000 5000000 182671 2008 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 1 1 Morgan Stanley Capital 29.300000000000 1 0 0 0 0 A 0 Form 990, Schedule K, Part IV, Line 7; and Part V: 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. Revidia Therapeutics (fka Nova Biosciences Inc) Former President - 35% entity Legal Expenses X 120012 22078 0 1 1 22078 X 1 15828 Fair Market Value X 1 14000 Fair Market Value X 4 255826 Gift Date Value X Research stocks 2 85500 Fair Market Value X Donated meals 1 9198 Invoice Value 0 1 1 Part I, Line 32b: 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. 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.