NORTH CAROLINA BIOTECHNOLOGY CENTER
PO BOX 13547, RESEARCH TRIANGLE PARK, NC 27709 http://WWW.NCBIOTECH.ORG

Total Revenue
$13,966,587
Total Expenses
$14,907,756
Net Assets
$29,203,801

Organizations Filed Purposes: THE NORTH CAROLINA BIOTECHNOLOGY CENTER AIDS THE BIOTECHNOLOGY-RELATED EFFORTS OF RESEARCHERS, BUSINESSES, STATE AND FEDERAL GOVERNMENTS, AND OTHER AGENCIES PRIMARILY THROUGH AWARDS OF GRANTS AND LOANS RELATED TO SPECIFIC PROGRAMS.

THE BUSINESS AND TECHNOLOGY DEVELOPMENT PROGRAM IS THE SECOND LARGEST CORE PROGRAM OF THE NORTH CAROLINA BIOTECHNOLOGY CENTER. THE GOAL OF THIS PROGRAM IS TO STRENGTHEN AND SUPPORT NORTH CAROLINA BIOTECHNOLOGY COMPANIES WITH FUNDING; TECHNOLOGY ASSESSMENT; STRATEGIC PARTNERSHIPS; BUSINESS PLAN ADVICE; NETWORKING AND CAREER TRANSITION SUPPORT; INFORMATION ON VENTURE CAPITAL AND AVAILABLE LABORATORY SPACE; AND PROFESSIONAL REFERRALS. THE LOAN PROGRAM IN PARTICULAR PROVIDES LOANS TO EARLY STAGE COMPANIES AND GRANTS TO UNIVERSITY TECHNOLOGY TRANSFER OFFICES ACROSS THE STATE. THESE LOANS ARE DESIGNED TO SUPPORT BIOTECHNOLOGY COMPANY INCEPTION, RESEARCH AND GROWTH, ACADEMIC AND NONPROFIT RESEARCH INSTITUTIONS.

THE CENTERS OF INNOVATIONS (COI) GRANT PROGRAM SUPPORTS THE GROWTH OF NASCENT BIOTECHNOLOGY-RELATED INDUSTRY SECTORS WITHIN NORTH CAROLINA WHOSE EXPANSION AND MATURATION WILL ADD NEW SOURCES OF REVENUE INTO THE STATE'S ECONOMY. THE ESTABLISHED COI'S WILL WORK TO ESTABLISH PUBLIC-PRIVATE PARTNERSHIPS IN WHICH A PARTICULAR INDUSTRY NEED IS UNDERSTOOD AND ALIGNED WITH THE REQUIRED TECHNOLOGICAL INNOVATION THAT CAN PROVIDE AN APPROPRIATE SOLUTION. THESE PARTNERSHIPS WILL BE BETTER ABLE TO MAXIMIZE BUSINESS OPPORTUNITIES WITHIN THEIR INDUSTRY SECTOR.


Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

Name Title Hours Per Week Total Salary
E NORRIS TOLSON PRESIDENT & CEO 40.00 $295,155
KENNETH R TINDALL SR. VP SCIENCE & BUSINESS DEVELOPMENT 40.00 $205,052
DOUGLAS L EDGETON SR. VP FIN PLAN/ASSIT. SEC & TREAS 40.00 $203,925
MICHAEL S WILKINS SR. VP STATEWIDE & ECONOMIC DEVELOPMENT 40.00 $193,540
PETER L GINSBERG VP BUSINESS & TECHOLOGY DEVELOPMENT 40.00 $155,561
GWYN F RIDDICK VP AGBIOTECH 40.00 $152,747
KATHLEEN E KENNEDY VP EDUCATION & TRAINING 40.00 $136,078
WILLIAM O BULLOCK VP BIOSCIENCE INDUSTRIAL DEVELOPMENT 40.00 $127,964
MARIA E RAPOZA VP SCIENCE & TECHNOLOGY DEVELOPMENT 40.00 $127,816
LYNNE SCOTT SAFRIT DIRECTOR 1.00 $0
JAMES N SIEDOW DIRECTOR 2.00 $0
STEVE TROXLER DIRECTOR 1.00 $0
BHASKAR R VENEPALLI DIRECTOR 1.00 $0
P KAY WAGONER DIRECTOR 1.00 $0
ERIC R WARD DIRECTOR 1.00 $0
ROBERT G WILHELM DIRECTOR 2.00 $0
BENJAMIN R YERXA DIRECTOR 2.00 $0
JOHN L ATKINS III CHAIRMAN 3.00 $0
JOHN FAV CECIL VICE CHAIRMAN 3.00 $0
MICHAEL T CONSTANTINO SECRETARY/TREASURER 2.00 $0
BILL PAPPAS ASSISTANT SECRETARY 1.00 $0
J DONALD DEBETHIZY DIRECTOR 2.00 $0
THOMAS W ROSS DIRECTOR 1.00 $0
GERALD F ROACH DIRECTOR 1.00 $0
HAZELL REED DIRECTOR 2.00 $0
ROGER W KNIGHT DIRECTOR 1.00 $0
FRANK GRAINGER DIRECTOR 1.00 $0
BARBARA ENTWISLE DIRECTOR 2.00 $0
VICTOR J DZAU DIRECTOR 1.00 $0
SHARON DECKER DIRECTOR 1.00 $0
RICHARD H DEAN DIRECTOR 2.00 $0
SUE W COLE DIRECTOR 3.00 $0
GOLDIE S BYRD DIRECTOR 2.00 $0
GEORGE B BRIGGS DIRECTOR 1.00 $0
HOWARD N LEE DIRECTOR 1.00 $0
TERRI L LOMAX DIRECTOR 2.00 $0
R SCOTT RALLS DIRECTOR 1.00 $0
JOHN C RABBY DIRECTOR 1.00 $0
MILTON L PRINCE DIRECTOR 1.00 $0
JOSHUAL L PRICE DIRECTOR 1.00 $0
ARTHUR M PAPPAS DIRECTOR 2.00 $0
PATRICIA R MORTON DIRECTOR 2.00 $0
PEYTON C ANDERSON DIRECTOR 2.00 $0
JOHN E BAILEY DIRECTOR 1.00 $0
RONALD L MITCHELSON DIRECTOR 1.00 $0
MICHAEL A BATALIA DIRECTOR 2.00 $0

data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201511349349307906_public.xml



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