BIOMED SA

EIN: 300104931 501(c)(3) Community Improvement

SAN ANTONIO, TX

Total Revenue
$799,363
Total Expenses
$685,464
Total Assets
$933,177
Net Assets
$847,835
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
TX
Principal Officer
HEATHER HANSON
Phone
2104681848
Tax Period
2023-01-01 to 2023-12-31

BIOMED SA, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $799K in total revenue in fiscal year 2023. Expenses of $685K left a modest 14% surplus.

Mission

BIOMED SA IS ORGANIZED EXCLUSIVELY TO PROMOTE THE ECONOMIC DEVELOPMENT OF THE HEALTHCARE AND BIOSCIENCE INDUSTRIES OF THE CITY OF SAN ANTONIO, TEXAS AND BEXAR COUNTY, TEXAS, EACH A POLITICAL SUBDIVISION OF THE STATE OF TEXAS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $767,708
Program Service Revenue $12,000
Investment Income $10,380
Other Revenue $9,275
TOTAL REVENUE $799,363

Expense Breakdown

Grants Paid $0
Salaries & Benefits $437,997
Fundraising Expenses $59,486
Program Expenses $542,747
Other Expenses $247,467
TOTAL EXPENSES $685,464

Year-over-Year Comparison

2023 2022 Change
Revenue $799,363 $797,556 +0.0%
Expenses $685,464 $519,752 +0.3%
Net Income $113,899 $277,804 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
29
Independent Members
29
Employees
N/A
Volunteers
100

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$213,292
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RENE DOMINGUEZ DIRECTOR 0.50
Director
$0 $0 $0
STEPHEN A HARRISON MD DIRECTOR 0.50
Director
$0 $0 $0
MIKE FLORES PHD DIRECTOR 0.50
Director
$0 $0 $0
GARY FRASHIER PHD MBA PE DIRECTOR 0.50
Director
$0 $0 $0
KARMA NILSSON DIRECTOR 0.50
Director
$0 $0 $0
LARRY SCHLESINGER MD DIRECTOR 0.50
Director
$0 $0 $0
NEILL GOBIE WALSDORF JR DIRECTOR 0.50
Director
$0 $0 $0
MELODY NEWSOM DIRECTOR 0.50
Director
$0 $0 $0
MARTIN J LANDON DIRECTOR 0.50
Director
$0 $0 $0
SARAH CARABIAS-RUSH DIRECTOR 0.50
Director
$0 $0 $0
STEPHEN DALAL PHD DIRECTOR 0.50
Director
$0 $0 $0
JESSICA SERNA DIRECTOR 0.50
Director
$0 $0 $0
JOANN BROWNING PHD DIRECTOR 0.50
Director
$0 $0 $0
BRIAN KIESER DIRECTOR 0.50
Director
$0 $0 $0
KRIS KIESWETTER PHD DIRECTOR 0.50
Director
$0 $0 $0
JOE MCDONOUGH PHD DIRECTOR 0.50
Director
$0 $0 $0
DAN MILLER DIRECTOR 0.50
Director
$0 $0 $0
DAVE PETERSON DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER SHARPE POTTER PHD DIRECTOR 0.50
Director
$0 $0 $0
SAL WEBBER DIRECTOR 0.50
Director
$0 $0 $0
ANN STEVENS DIRECTOR 0.50
Director
$0 $0 $0
JIM REED DIRECTOR 0.50
Director
$0 $0 $0
DEBRA NIEMEYER PHD DAFC DIRECTOR (MILITARY NON-VOTING) 0.50
Director
$0 $0 $0
HENRY CISNEROS PHD FOUNDING CHAIR/DIRECTOR (EX OFFICIO) 0.50
Director
$0 $0 $0
RON NIRENBERG MAYOR DIRECTOR (EX OFFICIO) 0.50
Director
$0 $0 $0
ANN BEAL SALAMONE IMMEDIATE PAST CHAIR 0.50
Officer Director
$0 $0 $0
TED DAY CHAIR 0.50
Officer Director
$0 $0 $0
THOMAS M EVANS PHD VICE CHAIR 0.50
Officer Director
$0 $0 $0
SHAWN HUGHES JD SECTRETARY 0.50
Officer Director
$0 $0 $0
BOB HUTCHENS TREASURER 0.50
Officer Director
$0 $0 $0
HEATHER HANSON PRESIDENT 40.00
Officer
$202,464 $10,828 $213,292
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $799,363 $685,464 $933,177 $113,899
2022 $797,556 $519,752 $807,018 $277,804
2021 $523,133 $411,629 $491,326 $111,504
2020 $537,505 $333,166 $364,061 $204,339
2019 $400,185 $383,696 $179,390 $16,489
2018 $517,403 $481,829 $179,812 $35,574
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