BIOENTERPRISE CORPORATION
11000 CEDAR AVENUE, CLEVELAND, OH 44106 www.bioenterprise.com

Total Revenue
$5,168,128
Total Expenses
$6,450,887
Net Assets
$5,610,135

Organizations Filed Purposes: BIOENTERPRISE IS A BUSINESS FORMATION, RECRUITMENT, AND ACCELERATION INITIATIVE DESIGNED TO FOSTER ECONOMIC DEVELOPMENT AND TO GROW HEALTH CARE COMPANIES, AND COMMERCIALIZE BIOSCIENCE TECHNOLOGIES TO IMPROVE PUBLIC HEALTH.

TO FOSTER ECONOMIC DEVELOPMENT AND COMMERCIALIZE BIOSCIENCE TECHNOLOGIES TO IMPROVE PUBLIC HEALTH.

ENTREPRENEUR ASSISTANCE: BIOENTERPRISE IS A BUSINESS FORMATION, RECRUITMENT AND ACCELERATION NONPROFIT DESIGNED TO GROW HEALTHCARE COMPANIES AND COMMERCIALIZE BIOSCIENCE TECHNOLOGIES IN NORTHEAST OHIO IN SUCH SECTORS AS MEDICAL DEVICES, BIOPHARMACEUTICAL AND HEALTHCARE SOFTWARE AND SERVICES/HEALTH IT FIRMS. EACH YEAR, BIOENTERPRISE FOCUSES ON A SELECT NUMBER OF COMPANIES AND EMPLOYS BIOENTERPRISE AND PARTNER RESOURCES TO HELP THOSE COMPANIES ACHIEVE GREATER LEVELS OF BUSINESS SUCCESS. THE ORGANIZATION'S MISSION IS TO HELP STIMULATE ECONOMIC DEVELOPMENT IN A STRUGGLING NORTHEAST OHIO ECONOMY, COMMERCIALIZE NEW LIFE-ENHANCING HEALTHCARE TECHNOLOGIES, CREATE JOBS AND GROW A PIPELINE OF TALENT THAT NORTHEAST OHIO'S BUSINESSES NEED TO BE SUCCESSFUL. (CONTINUED AT SCHEDULE O)DURING FISCAL YEAR 2019, BIOENTERPRISE ADDED 3 NEW CLIENTS (FOR A TOTAL OF 324 ACTIVE CLIENT COMPANIES); ASSISTED REGIONAL AND STATE PARTNERS IN ATTRACTING NEW COMPANIES TO ESTABLISH OPERATION IN THE REGION; AND SUPPORTED 51 INITIATIVE COMPANIES THAT ATTRACTED MORE THAN $180 MILLION IN NEW FUNDING. BIOENTERPRISE HOSTED OR PARTNERED ON MORE THAN 14 EVENTS FOR EDUCATION, NETWORKING, FUNDING OPPORTUNITIES AND MORE, WHICH DREW MORE THAN 1,073 ATTENDEES. THE ORGANIZATION ALSO PREPARES AN ANNUAL MIDWEST HEALTH CARE GROWTH CAPITAL REPORT USED BY BIOMEDICAL ORGANIZATIONS ACROSS 11 STATES FOR BENCHMARKING AND STRATEGIC PLANNING.

BIOSCIENCE INCUBATOR: BIOENTERPRISE HAS A 44,000 SQUARE FOOT INCUBATOR DESIGNED TO PROVIDE LOW-COST FACILITIES AND SERVICES FOR BIOMEDICAL ENTREPRENEURS AND START-UP COMPANIES. THE INCUBATOR HAS WET LABS, DRY LABS, OFFICE SPACE AND MEETING ROOMS FOR PHARMACEUTICAL, MEDICAL DEVICE AND DIAGNOSTIC INFORMATION TECHNOLOGY TENANTS AND REGIONAL BIOSCIENCE AND COMMUNITY MEETINGS. THE INCUBATOR ALSO HAS A SPECIAL EQUIPMENT ROOM WITH EQUIPMENT THAT WOULD NORMALLY BE UNAVAILABLE TO THE START-UP COMPANIES.

GLOBAL CENTER FOR HEALTH INNOVATION: BIOENTERPRISE PROVIDES STRATEGIC LEADERSHIP OF THIS 200,000-SQUARE-FOOT COLLABORATIVE VENUE AND WORKSPACE FOR BIO HEALTH INDUSTRY PARTNERS, ENTREPRENEURS AND INVESTORS. THE GLOBAL CENTER DRAWS THOUSANDS FROM AROUND THE WORLD EVERY YEAR FOR EVENTS, CONFERENCES AND COMPETITIONS, AND SERVES AS A HUB FOR BIOMEDICAL INNOVATION AND ECONOMIC DEVELOPMENT.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Aram NerpouniPRESIDENT & CEO UNTIL 5/202060$267,909
Deirdre GannonVICE PRES., STRATEGIC UNTIL 12/201845$213,258
Vijay IyerVICE PRESIDENT, BD UNTIL 10/201945$210,698
Mark R RicheyVICE PRESIDENT, BD UNTIL 3/201945$182,096
Tatyanna HowerVICE PRESIDENT, BD45$175,413
Kim BergerCFO UNTIL 4/202060$165,339
Grady BurrowsDIRECTOR, HEALTH IT TALENT45$140,415
John McguireTRUSTEE OBSERVER1$0
Ronald RichardTRUSTEE OBSERVER1$0
Brad WhiteheadTRUSTEE OBSERVER1$0
Pete O'NeillTRUSTEE1$0
Pamela DavisTRUSTEE1$0
Marty FelsenthalTRUSTEE1$0
Mark R ChanceTRUSTEE1$0
Joseph JankowaskiEXECUTIVE VICE CHAIR1$0
Eric BeckTRUSTEE1$0
David SylvanTRUSTEE1$0
David A CamienerTRUSTEE1$0
Bruce E RobertsTRUSTEE1$0
Akram BoutrosTRUSTEE1$0
Aaron PittsTRUSTEE1$0
A Ray DaltonTRUSTEE1$0
Herbert WiedemannBOARD CHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202011979349303011_public.xml