BioBridge Global
BioBridge Global reported $45.3 million in revenue and $43.2 million in expenses for calendar year 2024. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.1% of the total. The highest compensation it reported for one person was $1,133,783 (EX-OFFICIO DIR/CEO). 75 people received more than $100,000 in reportable compensation. Revenue rose 67% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $43MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $45MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 100.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.0% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.7% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 94.1% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,133,783 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.62% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 75 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 16.3 | 6.6 |
| Independent voting board members Part VI 1a–1b | 11 of 12 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseBIOBRIDGE GLOBAL IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF SUPPORTING, AS THE SOLE MEMBER, SOUTH TEXAS BLOOD & TISSUE CENTER (STBTC), QUALTEX LABORATORIES (QUALTEX), GENCURE, THE BLOOD & TISSUE CENTER FOUNDATION (THE FOUNDATION), and Helping Hearts Fund BY PROVIDING SUPPORT AND ADMINISTRATIVE FUNCTIONS THAT PROMOTE AND SUPPORT THE CHARITABLE MISSION AND PURPOSES OF STBTC, QUALTEX, GENCURE, AND THE FOUNDATION
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EX-OFFICIO DIR/CEO Director/trustee, officer, 49.0 hrs/week | $1,088,471 | $0 | $45,312 | $1,133,783 |
| SVP/GEN COUNSEL & CHIEF COMPLIANCE OFFICER Officer, 50.0 hrs/week | $505,643 | $0 | $55,728 | $561,371 |
| SVP/CHIEF MEDICAL OFFICER Officer, 50.0 hrs/week | $427,724 | $0 | $55,678 | $483,402 |
| SVP, COO, QUALTEX Officer, 1.0 hrs/week | $0 | $436,886 | $40,003 | $476,889 |
| SVP, COO STBTC Officer, 1.0 hrs/week | $0 | $394,721 | $28,544 | $423,265 |
| SVP/CFO Officer, 50.0 hrs/week | $383,663 | $0 | $37,134 | $420,797 |
| SVP, CHIEF SCIENTIFIC OFFICER Officer, 50.0 hrs/week | $357,318 | $0 | $45,581 | $402,899 |
| VP. INFORMATION TECHNOLOGY Key employee, 50.0 hrs/week | $311,641 | $0 | $54,747 | $366,388 |
75 people received more than $100,000 in reportable compensation from BioBridge Global (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.9M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5228
- Volunteers Part I, line 620
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| ALLIED UNIVERSAL SECURITY SERVICES Security | $532,273 |
| SHI INTERNATIONAL CORP Equip & sftw maint | $529,305 |
| MASTERCONTROL INC Software maintenance | $469,187 |
| EQUIP ENTERPRISES Janitorial | $409,333 |
| DIRECT MED CLINIC Medical services clinic | $402,191 |
Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from BioBridge Global's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for BioBridge Global, you can publish a response that is linked from this page.
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Of every $100 BioBridge Global spent in 2024, $100.00 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of BioBridge Global's spending goes to programs?
In calendar year 2024, BioBridge Global reported that 100.0% of its $43.2 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does BioBridge Global pay its top executive?
The largest total compensation BioBridge Global reported for one person in calendar year 2024 was $1,133,783, for the role of EX-OFFICIO DIR/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does BioBridge Global get its money?
Of $45.3 million in revenue in calendar year 2024, 0.7% came from contributions and grants and 94.1% from program service revenue (Form 990, Part VIII).
Is BioBridge Global a registered charity?
The IRS lists EIN 45-4765222 as a 501(c)(3) organization (supporting organization, type ii), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503189349313150 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403199349318810 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313199349315006 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203199349304570 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349322490 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013219349300141 · read the filing
All filings for EIN 45-4765222: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.