Daffy

Institute for Life Science Entrepreneurship Inc.

Institute for Life Science Entrepreneurship Inc.

Union, NJ
Tax ID46-5632420

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About this organization

Revenue

$1,542,899

Expenses

$1,379,347

Mission

Please see schedule O.

About

By design, the institute is multidimensional, multidisciplinary, and collaborative. The goal is to accelerate translation of science and technological advances into innovative and practical solutions, which will contribute to economic development, high-skill manufacturing and wealth creation, while feeding back to catalyze the creation of an efficient and effective resource and provide training and experience in entrepreneurship.

Interesting data from their 2019 990 filing

The purpose of the non-profit is outlined in the filing as “The mission of the institute is to be a gateway for integrating the extraordinary academic, industrial and entrepreneurial resources of the new york/new jersey metropolitan area into a dynamic, rapid-response enterprise for advancing basic and translational research and entrepreneurism in the life sciences. the mission of the institute as a gateway for integrating the extraordinary academic, industrial and entrepreneurial resources of the new york/new jersey metropolitan area into a dynamic rapid-response enterprise for advancing basic and translational research and entrepreneurism in the life sciences. it is structured as a non-profit, autonomous life science research institute located on the campus of kean university, in union, new jersey, governed by a board of directors.”.

When discussing its operations, they were defined as: “Please see schedule o.”.

  • The state where the non-profit operates has been legally reported as NJ.
  • The filing indicates that the non-profit's address in 2019 is located at 1000 MORRIS AVENUE STEM BUILDING, UNION, NJ, 07083.
  • The non-profit has reported 13 employees on their form as of 2019.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $163,552.
  • The organization has 5 independent voting members.
  • The organization was formed in 2014.
  • The organization pays $922,691 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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