Daffy

Broad Hollow Bioscience Park Inc.

Broad Hollow Bioscience Park Inc.

Farmingdale, NY 11735
Tax ID11-3455950

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About this organization

Revenue

$1,151,687

Expenses

$2,772,074

Mission

To build and operate specialized facilities to support a bioscience economic development program.

About

To operate the rental of the facilities provided to technologically innovative businesses.

Interesting data from their 2020 990 filing

According to the filing, the non-profit's mission is “To create, develop and operate an environment in which technologically innovative businesses can develop, and research can be translated into commercially viable high technology.”.

When referring to its actions, they were described as: “To build and operate specialized facilities to support a bioscience economic development program.”.

  • According to the law, the state of operation reported by the non-profit is NY.
  • As per the filing, the address of the non-profit for 2020 is PO BOX 176, FARMINGDALE, NY, 117350176.
  • According to their form, the non-profit as of 2020 has a total of 3 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$1,620,387.
  • The CEO's salary plan within the organization is not subject to review and endorsement by a neutral party.
  • The organization has 10 independent voting members.
  • The organization was formed in 1998.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $476,159 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.

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