Biomed Valley Corporation
Biomed Valley Corporation reported $14.0 million in revenue and $62,335 in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.21 went to program services, $19.79 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.7% of the total. The highest compensation it reported for one person was $3,206,337 (DIRECTOR/PRESIDENT/CEO DECEASED 3/27/25). Revenue rose 39% between 2019 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $62,335For context, the median across 169 covered medical research charities: $87.02 programs, $12.87 management, $0.11 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.2% | 83.9% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.8% | 12.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.1% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.7% | 72.7% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 5.8% |
| Highest reported compensation Part VII-A, columns D–F | $3,206,337 | $628,890 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 5143.72% | 1.94% |
| People paid over $100,000 Part VII, line 2 | 0 | 18 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2,918.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 1 of 3 | 93.8% |
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
FY2025 · Form 990, Part III · the three largest programs by expenseBVC'S EXEMPT PURPOSE IS TO SUPPORT ITS SUPPORTED ORGANIZATION, SIMR. BVC'S ACTIVITIES INCLUDE RESEARCH SUPPORT, MANAGEMENT OF INTELLECTUAL PROPERTY, PROMOTION OF institutional funds BASED RESEARCH, IDENTIFICATION OF INTELLECTUAL PROPERTY FOR COMMERCIALIZATION, FUNDRAISING AND institutional funds MANAGEMENT
Highest reported compensation
FY2025 · 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 |
|---|---|---|---|---|
| DIRECTOR/PRESIDENT/CEO DECEASED 3/27/25 Director/trustee, officer, 1.0 hrs/week | $0 | $3,103,954 | $102,383 | $3,206,337 |
| DIRECTOR/SECRETARY Director/trustee, officer, 1.0 hrs/week | $0 | $1,165,721 | $80,585 | $1,246,306 |
| DIRECTOR THRU 4/8/25 Director/trustee, 1.0 hrs/week | $0 | $753,782 | $79,650 | $833,432 |
0 people received more than $100,000 in reportable compensation from Biomed Valley Corporation (Part VII, line 2).
7 filings since 2019
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked| Filing | Revenue | Expenses | Programs | Net assets | Top pay |
|---|---|---|---|---|---|
| FY2025 ⓘ | $14M | $62,335 | 80.2% | $15M | $3,206,337 |
| FY2024 ⓘ | $22M | $68,938 | 72.5% | $17M | $3,047,243 |
| FY2023 (6 mo.) ⓘ | $9.0M | $50,000 | 100.0% | $12M | — |
| 2022 ⓘ | −$114K | $51,504 | 97.1% | $12M | $2,880,761 |
| 2021 ⓘ | $21M | $54,008 | 92.6% | $31M | $2,846,069 |
| 2020 ⓘ | $17M | $52,592 | 95.1% | $25M | $2,645,033 |
| 2019 ⓘ | $10M | $51,242 | 97.6% | $24M | $2,605,328 |
Governance answers, as filed
FY2025 · 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–1b3 · 1 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 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- 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 50
- Volunteers Part I, line 61
Correct a figure or respond
Every number above is copied from Biomed Valley Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Biomed Valley Corporation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Biomed Valley Corporation spent in FY2025, $80.21 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- New Jersey Health FoundationPrinceton, NJ · revenue $14M · programs 95.0% · FY2025
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- The Jacobs InstituteBuffalo, NY · revenue $14M · programs 78.0% · 2025
- Lungevity FoundationChicago, IL · revenue $14M · programs 85.1% · FY2025
- Center for Information and Study on Clinical Research ParticipationBoston, MA · revenue $14M · programs 85.0% · 2025
All medical research charities · Largest charities in Missouri
Questions people ask
How much of Biomed Valley Corporation's spending goes to programs?
In the fiscal year ending June 30, 2025, Biomed Valley Corporation reported that 80.2% of its $62,335 in expenses went to program services, 19.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Biomed Valley Corporation pay its top executive?
The largest total compensation Biomed Valley Corporation reported for one person in the fiscal year ending June 30, 2025 was $3,206,337, for the role of DIRECTOR/PRESIDENT/CEO DECEASED 3/27/25 (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Biomed Valley Corporation get its money?
Of $14.0 million in revenue in the fiscal year ending June 30, 2025, 99.7% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Biomed Valley Corporation a registered charity?
The IRS lists EIN 74-3238244 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631349349302238 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541349349302439 · read the filing
- FY2023 (6 mo.): Form 990 for the 6-month short period ending June 30, 2023, object 202431179349300403 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343079349300534 · read the filing
- 2021: Form 990 for calendar year 2021, object 202222699349300812 · read the filing
- 2020: Form 990 for calendar year 2020, object 202132569349301513 · read the filing
- 2019: Form 990 for calendar year 2019, object 202032309349303473 · read the filing
All filings for EIN 74-3238244: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.