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NYC BUILDS BIO INC

NEW YORK, NY · EIN 832265630 · Form 990 · FY2024 · NTEE U50 · Science & Technology · Small ($100K-$1M) · nycbuildsbio.org
revenue
$541K
expenses
$530K
net assets
$39K
employees
0
program ratio
67%
mission · from form 990

BUILDS BIO+ IS A MEMBERSHIP-DRIVEN ORGANIZATION DEDICATED TO CONNECTING LIFE SCIENCE AND REAL ESTATE PROFESSIONALS THROUGH CURATED EVENTS, COMPREHENSIVE RESEARCH, INDUSTRY REPORTS AND EDUCATIONAL PROGRAMS. BUILDS BIO+ ENHANCES VISIBILITY AND FOSTERS INNOVATION AND ECONOMIC GROWTH WITHIN MAJOR REGIONAL LIFE SCIENCE CLUSTERS AND SERVES AS A HUB FOR THE LIFE SCIENCES INNOVATION COMMUNITY.

profile · synthesized from sources

BUILDS BIO+ is a membership-driven nonprofit that connects life science and real estate professionals through curated events, research, and educational programs. It serves as a hub for innovation in the Greater New York Metro region, fostering economic growth by linking stakeholders across academia, industry, and government. The organization hosts an annual symposium and other initiatives to strengthen the regional life sciences ecosystem.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $13K
    "ENRICHING LIFE SCIENCE STUDY TOUR OF LONDON/UK", PROVIDED A UNIQUE AND METICULOUSLY CURATED EXPERIENCE FOR THOSE EAGER TO DELVE INTO THE WORLD OF BIOMEDICAL INNOVATION. PARTICIPANTS EXPLORED KEY LOCATIONS WITHIN LONDON'S/UK'S VIBRANT LIFE SCIENCE ECOSYSTEM, RECOGNIZED GLOBALLY FOR ITS BLEND OF TRADITION AND CUTTING-EDGE RESEARCH.
named programs · 3 · from sources

What they call their work

London Study Tour
Curated international exchange program connecting life science professionals in New York and London to foster collaboration and knowledge sharing between global innovation hubs.
NY Metro Builds Bio+ Symposium
Annual full-day conference bringing together life science, design, and real estate professionals to discuss innovation, development, and investment in the Greater New York Metro region.
Quarterly Breakfasts
Regular networking events held throughout the year to connect members of the life sciences innovation community in the NY Metro region.
activities · 6 groups

What they do

  • Professional Networking Events 2 activities
    • Facilitates ecosystem collaboration through virtual and in-person programming
      Connects members across New York Metro, Philadelphia, and London/UK through a Membership Portal, regular virtual events such as the “Connecting the Clusters” series, and educational webinars examining regional innovation hubs.
    • Hosts symposia and events for life science and real estate professionals
      Organizes annual symposia and regional events, including in New York City and Philadelphia, to convene life science and real estate leaders, with the inaugural Philadelphia symposium drawing over 300 attendees in 2022.
  • Regional Economic Development Initiatives 2 activities
    • Fosters cross-sector collaboration in life sciences
      Brings together academic institutions, healthcare providers, life science companies, and real estate developers to support biotechnology sector growth and address regional development challenges in New York Metro, Philadelphia, and London/UK.
    • Tracks and maps life science subclusters and real estate development
      Monitors life science activities and real estate projects across emerging subclusters in NYC boroughs and other regions, producing spatial and sectoral overviews to support planning and investment decisions.
  • Study Abroad and Global Immersion Programs 1 activity
    • Organizes study tours of life science ecosystems
      Conducts curated international study tours, including in London/UK and New York City, for professionals and students to explore biomedical innovation and foster transatlantic collaboration in the life sciences sector.
  • Industry Research and Benchmarking 1 activity
    • Produces research reports on life sciences market evolution
      Authors and publishes in-depth research reports analyzing the development of life sciences markets over time, including a 25-year retrospective on New York City’s growth and assessments of the UK ecosystem to inform innovation and real estate strategies.
  • Professional Membership and Association Benefits 1 activity
    • Provides access to a network of life science industry leaders
      Offers members access to a network of 1,360+ professionals across New York Metro, Philadelphia, and London/UK through a digital Membership Portal and curated in-person events.
  • Hands-On STEM Education Programs 1 activity
    • Supports life science talent pipeline through educational programs
      Organizes laboratory tours and educational initiatives for students from high school through graduate levels to build workforce capacity and strengthen the life sciences talent pipeline.
financials · form 990 · fy2024
revenue
Total revenue$541K
Contributions & grants$00%
Program service revenue$541K100%
Investment income$00%
Other revenue$0
expenses
Total expenses$530K
Program expenses67%
Admin / overhead33%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$39K
Cash$39K
Investments$0
Liabilities$0
Net assets$39K
Liquid reserves0.9 mo
3 years on record · 2020–2024 · YoY revenue -5.1%
leadership · form 990 part vii · fy2024

Who runs it

board members · 5
  • BRIAN ARONNE — DIRECTOR
  • JONATHAN MECHANIC — DIRECTOR
  • MITCHEL W SIMPLER — CO-PRESIDENT
  • NANCY J KELLEY — CO-PRESIDENT
  • PETER SCHUBERT — DIRECTOR
relationships · 57

Who they work with

  • AECOM Partner — Founding member of the London/UK Builds Bio+ chapter
  • Albert Einstein College of Medicine Network — Participating institution represented in symposium lightning talks on medical progress and research.
  • British Consulate General New York Partner — Collaborated on hosting a life science study group visit between London and New York City.
  • British Land Partner — Founding member of the London/UK Builds Bio+ chapter
  • CEO Council for Growth Partner — Partner whose study on Philadelphia's life sciences sector was referenced in connection with the Philly Builds Bio+ Symposium.
  • CEO Council for Growth Partner — Referenced study confirming life science trends in Philadelphia presented at Builds Bio+ symposium.
  • City of Philadelphia Government — Rebecca L Grant from the City of Philadelphia Department of Commerce serves as Director, Life Sciences & Biotechnology.
  • Columbia University Partner — Represented by Helen H. Lu and Theanne Schiros on the Steering Committee and involved in workforce development and institutional collaboration initiatives
  • Fried Frank Network — Co-founder of Builds Bio+ and member of the organization’s founding coalition.
  • Fried Frank Partner — Founding member organization contributing to Builds Bio+
  • Galileo Labs Partner — Founding member of the London/UK Builds Bio+ chapter
  • Galileo Labs Partner — Managing Director Ryan Matenchuk is quoted in Builds Bio+ communications, indicating organizational engagement with the study tour and knowledge exchange.
  • Hunter Roberts Construction Group Network — Co-founder of Builds Bio+ and member of the organization’s founding coalition.
  • Hunter Roberts Construction Group Partner — Founding member organization contributing to Builds Bio+
  • IPS - Integrated Project Services Partner — Multiple representatives from IPS - Integrated Project Services serve on the Leadership Committee, including Amy Armstrong, Ana Collins, Steven E. Eberling, and Tom J. Piombino.
  • Icahn School of Medicine at Mount Sinai Network — Participating academic institution involved in joint initiatives and symposium presentations.
  • Jaros, Baum & Bolles Network — Co-founder of Builds Bio+ and member of the organization’s founding coalition.
  • Jaros, Baum & Bolles Partner — Founding member organization contributing to Builds Bio+
  • Jaros, Baum & Bolles Partner — Mitch W. Simpler and Chris Horch from Jaros, Baum & Bolles are members of the Leadership Committee.
  • Linesight Partner — Founding member of the London/UK Builds Bio+ chapter
  • London life sciences community Partner — Partnership formed to exchange lessons learned between New York and London life sciences ecosystems through a joint study tour and research report.
  • Mace Partner — Founding member of the London/UK Builds Bio+ chapter
  • Macfarlanes LLP Partner — Founding member of the London/UK Builds Bio+ chapter
  • Merrick & Company Partner — Founding member of the London/UK Builds Bio+ chapter
  • Middlesex County Government — Represented by Sho Islam on the Steering Committee
  • NJEDA Government — Represented by Lenzie Harcum on the Steering Committee
  • NJEDA Network — Featured organization and participant in symposium discussions on life science development in New Jersey.
  • NY Metro Builds BIO+ Network — Regional chapter hosting meetings and generating research and reports for the New York metro area.
  • NYC Economic Development Corporation Partner — Collaborates on programming to promote the NY Metro life sciences ecosystem.
  • NYCEDC Network — Featured organization and speaker participant in symposium sessions on life science development in NYC.
+ 27 more
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Adaptive Reuse Advocacy
    methodology: adaptive_reuse_advocacy
    By increasing awareness and knowledge of office-to-lab retrofits, the organization drives life science real estate development because repurposing underutilized buildings reduces development costs and time while expanding available space for life science tenants.
  • Cross-Sector Ecosystem Integration
    methodology: cross_sector_integration
    By connecting life science, real estate, and design professionals through curated events, research, and educational programming, the organization fosters collaboration that drives regional life science real estate development, because cross-sector alignment accelerates innovation and lowers barriers to development.
  • Global Network, Local Impact Model
    methodology: global_network_local_impact
    By combining a global network of life science and real estate leaders with localized programming and in-person engagement, the organization drives regional development because global insights adapted to local contexts enhance credibility, accelerate adoption, and expand opportunity.
  • International Ecosystem Collaboration
    methodology: international_ecosystem_collaboration
    By fostering collaboration between life science ecosystems in comparable global cities like New York and London, the organization enables the exchange of lessons learned and identifies growth opportunities because cross-border learning accelerates regional innovation and policy adaptation.