RI BIO
Box 5680 53 Broad Street, Providence, RI 02903 ri-bio.org

Total Revenue
$452,799
Total Expenses
$456,359
Net Assets
$19,822

Organizations Filed Purposes: RI Bio's mission is to support the health care industry by galvanizing collaboration between the health technologies companies, hospitals, universities, sources of capital and governmental partners to support and accelerate health technology development in Rhode Island.

RI Bio's mission is to grow the life sciences economy in Rhode Island and Southeastern New England. As the voice for life sciences, the organization advances the industry through education, collaboration and advocacy. The organization shares information and resources, provides access to capital, and creates industry connections. The result is advanced innovations that changes the world and improves lives, increases visibility and influences for the sector and increases business opportunities and economic impact. In short, the organization helps science advance so science can advance lives.

The organization selected four member companies to participate in its first round of leadership training for incumbent workers. Interviews were conducted with each company to ascertain interest and need. A 5-module "Management Excellence Certificate" program offered participants the next step in leadership development for those looking to advance their careers within the life sciences industry. The organization administered an online assessment for participants with results incorporated into each training module. A workshop was conducted explaining the assessment and how to use it in business. Eighteen graduated from the program.

In March of 2020, just as the pandemic arrived in Rhode Island, twenty-four participants took part in the second round of Leadership Development Training, graduating from the Emerging and Advanced Leadership Development Training The training helped engineers, quality managers, scientific directors and other technically proficient employees learn how to become better managers and leaders through team building, managing conflict, effective delegation and more.

A standards-based classroom curriculum focusing on human health and biology was developed, connecting the curriculum content to the Rhode Island life sciences industry, with emphasis on local companies, STEM role models and career pathways for students. Awareness of the curriculum and educating teachers on how to implement it effectively was accomplished with four 6-hour training workshops. Twenty seven teachers were trained and 2,934 students participated in the training.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Carol MalyszExecutive Director40$78,671
Dom MerrserliDirector1$0
Brian ButlerDirector1$0
Guy AsadorianDirector1$0
Alyssa BossDirector1$0
Michael ElliottDirector1$0
Patrice MilosDirector1$0
Michael KatzDirector1$0
Margaret FarrellSecretary1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202130749349300208_public.xml