Overview

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Est.

2004

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY is an Alabama-based nonprofit focused on biotechnology, science, and technology, with a mission to use advanced research tools to better understand the causes of disease and develop more effective treatments. In filing year 2024, it reported an operating budget of $60.1M and total revenue of $52.2M, with major support from HUDSONALPHA FOUNDATION, along with The Susan G Komen Breast Cancer Foundation Inc and DONALD DANFORTH PLANT SCIENCE CENTER.

Mission Statement

THE PRIMARY MISSION OF THE INSTITUTE WILL BE TO USE THE INCREASINGLY POWERFUL RESEARCH TOOLS BEING DEVELOPED IN THE BIOTECHNOLOGY AREA TO BETTER UNDERSTAND THE CAUSES OF CERTAIN DISEASES AND TO APPLY THE FINDINGS OF SUCH RESEARCH TO HELP DEVELOP NEW AND MORE EFFECTIVE TREATMENTS FOR SUCH DISEASES. THE INSTITUTE'S CHARITABLE MISSION CONTEMPLATES NUMEROUS OTHER ACTIVITIES ALL OF WHICH ARE INTENDED TO HELP FURTHER BIOTECH RESEARCH IN ALABAMA.
Revenues
$52.2M
Expenses
$60.1M
Net Income:
-$7.9M
Assets
$205.8M
Liabilities
$26.9M
Net Assets:
+$179M
Operating Budget
$60.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
9
Median grant size
$52.5K
Largest grant received
$9.1M
N
Neil Lamb
Board Member
C
Chris Matl
Board Member
D
Dean M Mithcell
Board Member
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  • 37 funders
  • 74 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY’s budget?
In 2024, HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY reported an annual operating budget of around $60.1 million. More detailed financial information is available to registered users.
What causes does HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY support?
HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY supports work in Technology, Biotechnology, and Science.
Where does HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY operate?
HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY is headquartered in Huntsville, AL.
Who funded HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY recently?
In 2024, HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY received grants from HUDSONALPHA FOUNDATION, ALZHEIMER'S DISEASE & RELATED DISORDERS ASSOCIATION INC, and MUSCULAR DYSTROPHY ASSOCIATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY received in 2024?
The largest grant to HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY in 2024 exceeds $9.1 million.
What is HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY’s reliance on government grants?
HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY relied on government grants for more than 45% of their total revenue in 2024.