BIOADVANCE WAS ESTABLISHED IN 2001 AS ONE OF THREE LIFE SCIENCES GREENHOUSES FUNDED WITH A SHARE OF PENNSYLVANIA'S NATIONAL TOBACCO SETTLEMENT REVENUES, TO PROMOTE HUMAN HEALTH BY SUPPORTING BIOMEDICAL INNOVATION IN THE SOUTHEASTERN PA REGION. BIOADVANCE DEDICATED $25 MILLION OF THE ORIGINAL GRANT FUNDING FOR PRE-SEED AND EARLY-STAGE FUNDING TO HELP MOVE TECHNOLOGIES TO THE NEXT STAGE OF DEVELOPMENT AND TO SUPPORT THE INITIATIVES INTENDED TO INCREASE THE REGION'S STRENGTH IN BIOMEDICAL INFORMATICS AND CLINICAL TRIALS. SINCE THE ORIGINAL GRANT FUNDING WAS EXPENDED, BIOADVANCE CONTINUES TO SUPPORT EMERGING LIFE SCIENCES COMPANIES IN SOUTHEASTERN PA AND THE SURROUNDING MID-ATLANTIC REGION THAT ARE FOCUSED ON TECHNOLOGIES TO IMPROVE HUMAN HEALTH.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Youth Development organizations nationwide.
- Base
- $303k
- Bonus
- $45k
- Other
- —
- Benefits
- $47k
- Base
- $302k
- Bonus
- $45k
- Other
- —
- Benefits
- $47k
- Base
- $205k
- Bonus
- $20k
- Other
- —
- Benefits
- $39k
- Base
- $188k
- Bonus
- $28k
- Other
- —
- Benefits
- $4k
- Base
- $128k
- Bonus
- $13k
- Other
- —
- Benefits
- $13k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
VP (secretary Thru 6/1/24) Vice President Above 90th percentile | $303k | $45k | — | $47k | $405k $452k |
CEO & Managing Director Above 90th percentilevs Youth Development peers in Pennsylvania | $302k | $45k | — | $47k | $404k $451k |
Director of Finance Above 90th percentile | $205k | $20k | — | $39k | $271k $302k |
VP and Asst Secretary Vice President Above 90th percentile | $188k | $28k | — | $4k | $225k $251k |
Program Director Director (Operational) Above 90th percentile | $128k | $13k | — | $13k | $158k $176k |
COO and Secretary (eff 6/6/24) Below 10th percentile | — | — | — | — | $23k $26k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 8 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at BIOADVANCE CAPITAL equaled 15% of the organization's total expenses. The median for youth development organizations is 11%.
Based on 5,229 youth development organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 3%
from 2022
From $394k in 2022 to $405k in 2023.
Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Vice President pay rose 3% from 2022 to 2023, while revenue rose 349%.
- Chief Executive Officer pay rose 5% from 2022 to 2023.
- Chief Financial Officer pay rose 4% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about BIOADVANCE CAPITAL
What does the Vice President of BIOADVANCE CAPITAL earn?
In 2023, the Vice President of BIOADVANCE CAPITAL received $405,243 in total compensation. This pay is in the top 10% for Vice President roles among Youth Development organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Vice President pay at BIOADVANCE CAPITAL compare with similar nonprofits?
Compared with the same role at Youth Development organizations nationwide, the 2023 pay of the Vice President at BIOADVANCE CAPITAL falls in the top 10%. In 2023, the highest total compensation at BIOADVANCE CAPITAL equaled 15% of the organization's total expenses. The median for youth development organizations is 11%.
What are BIOADVANCE CAPITAL's revenue and expenses?
In 2023, BIOADVANCE CAPITAL reported $7.1M in total revenue and $2.6M in total expenses on its IRS Form 990.
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