Bioconnect Iowa
Accelerates bioscience economic development in Iowa by providing follow-on support, mentoring, and commercialization training to early-stage entrepreneurs and startups. For fiscal year 2025 it reported $6.9M in revenue, $2.2M in expenses, and $15.2M in net assets.Pt I
- Founded
- 2011
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Des Moines, IA
- Website
- www.bioconnectiowa.org
- Filings
- 5 on file (2021–2025)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Sbir/Sttr Outreach Program
Bioconnect iowa manages this program, funded by the iowa economic development authority (ieda), which assists startups with their federal solicitation applications. As well as technical writing assistance, bioconnect iowa provides subsequent matching funds for successful phase I SBIR/STTR grantees and phase ii SBIR/STTR grant applicants.
Per iowa code, section 15.107, bioconnect iowa is charged with receiving and disbursing funds from public or private sources to be used to enhance bioscience-based economic development in the state and to further the overall development and economic well-being of the state.
Iowa G2m Accelerator Program
The iowa go-to-market (G2M) accelerator program provides "follow-on" support for entrepreneurs who have completed one of the growing number of accelerator programs in the state (or are at an equivalent stage following completion of a successful SBIR/STTR project or other program that includes an entrepreneurship development component)…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Steven Brody’s $211K as CEO and President is at the 70th percentile of top reported officer pay among 2834 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Steven Brody | $210,840 | $220,640 | $200,840 | $15,447 | — |
| Steven Smith | $158,790 | $153,840 | $150,840 | $150,009 | $149,657 |
| James Register Iiiretired Dec 2021 | — | — | — | $150,540 | — |
| James Register III | — | — | — | — | $150,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 76% | — | — |
| Overhead ratio | 24% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -10% | — | — |
| Legal fee ratio | 0.6% | — | — |
| Accounting fee ratio | 4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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