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THE PENNSYLVANIA BIOTECHNOLOGY CENTER OF BUCKS COUNTY IS THE RESULT OF A UNIQUE PARTNERSHIP TO CREATE A HISTORIC AND TRANSFORMATIONAL FORCE FROM WHICH DISCOVERIES WILL BE BORN, STUDENTS WILL BE TRAINED, AND NEW COMPANIES WILL BE LAUNCHED.
Source: IRS Form 990 (Tax Year 2023)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2022
Total Revenue
▼$8.5M
Program Spending
82%
of total expenses go to program services
Total Contributions
$4M
Total Expenses
▼$4.5M
Total Assets
$38M
Total Liabilities
▼$23.8M
Net Assets
$14.2M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$13.9K
Fundraising
▼$27.7K
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$4.6M
Awards Found
1
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Commerce | BIOTECH CTR EXPANSION | $4.6M | FY2014 | Sep 2014 – Mar 2016 | Open → |
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
4
Clean Audits
3
Material Weakness
No
Noncompliance Issues
Yes
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $799.6K | No | 2025-12-15 |
| 2024 | Clean | Unmodified (Clean) | $1.7M | No | 2025-02-25 |
| 2022 | Clean | Unmodified (Clean) | $1.5M | No | 2023-03-19 |
| 2021 | Minor Findings | Unmodified (Clean) | $2.9M | No | 2022-09-29 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$799.6K
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.9M
Tax Year 2022 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $8.5M | $4M | $4.5M | $38M | $14.2M |
| 2022IRS e-File | $8.5M | $4M | $4.5M | $38M | $14.2M |
| 2021 | $2.6M | $514K | $2M | $24.9M | $5.8M |
| 2020 | $2.2M | $8,416 | $2.1M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2025 | 990 | — | |
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
Financial data: IRS e-Filed Form 990 (Tax Year 2022)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2022)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Louis P Kassa Iii Mpa | Ceo/president | 15 | $0 | $245.8K | $28.9K | $274.7K |
| Dr Timothy M Block Phd | Director/president (thru 6/30/22) | 1 | $0 | $106.6K | $11.3K | $117.9K |
| Loren Danzis Esq | Chairman | 1 | $0 | $0 | $0 | $0 |
| Elizabeth Seeber Mba Cpa Fhfma | Treasurer | 1 | $0 | $0 | $0 | $0 |
| Joel Rosen Esq | Secretary | 1 | $0 | $0 | $0 | $0 |
Louis P Kassa Iii Mpa
Ceo/president
$274.7K
Hrs/Wk
15
Compensation
$0
Related Orgs
$245.8K
Other
$28.9K
Dr Timothy M Block Phd
Director/president (thru 6/30/22)
$117.9K
Hrs/Wk
1
Compensation
$0
Related Orgs
$106.6K
Other
$11.3K
Loren Danzis Esq
Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Elizabeth Seeber Mba Cpa Fhfma
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Joel Rosen Esq
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Mark Petty | Director | 1 | $0 | $0 | $0 | $0 |
Mark Petty
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $16.7M |
| $5.1M |
| 2019 | $2.1M | $7,448 | $2M | $14.8M | $5M |
| 2018 | $2M | $30K | $2.1M | $15M | $5M |
| 2017 | $1.9M | $0 | $1.8M | $13.8M | $5.1M |
| 2016 | $2M | $0 | $1.8M | $14.2M | $7M |
| 2015 | $1.9M | $0 | $1.9M | $14.5M | $6.8M |
| 2014 | $1.8M | $0 | $1.6M | $14.7M | $6.8M |
| 2013 | $1.6M | $0 | $1.6M | $14.7M | $6.6M |
| 2012 | $1.6M | $0 | $1.8M | $15M | $6.6M |
| 2011 | $1.6M | $30.7K | $1.6M | $15.4M | $6.8M |
| 2022 | 990 | DataIRS e-File |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |