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Filing year 2023

BIOADVANCE CAPITAL

Conshohocken, Pennsylvania·EIN 46-0481876·NTEE O055 · Youth Development·3
Total revenue
$7.1M
Total assets
$81.1M
Total expenses
$2.6M
Reported officers
14
Mission

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 · Schedule J · 6 reported individuals · Filing year 2023

VP (secretary Thru 6/1/24)
vice president
$405k
$452k
Base
$303k
Bonus
$45k
Other
Benefits
$47k
CEO & Managing Director
$404k
$451k
Base
$302k
Bonus
$45k
Other
Benefits
$47k
Director of Finance
$271k
$302k
Base
$205k
Bonus
$20k
Other
Benefits
$39k
VP and Asst Secretary
vice president
$225k
$251k
Base
$188k
Bonus
$28k
Other
Benefits
$4k
Program Director
director (operational)
$158k
$176k
Base
$128k
Bonus
$13k
Other
Benefits
$13k
COO and Secretary (eff 6/6/24)
$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.

Browse compensation in Youth Development

Up 3%
from 2022

From $394k in 2022 to $405k in 2023.

$394k
2022
$405k
2023
In today's dollarsEst.
Down 2% in real terms$459k to $452k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

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