Arizona Bioindustry Association Inc logo

Arizona Bioindustry Association Inc

501(c)(6) organization Phoenix, AZ EIN: 86-0938465 Website

Arizona Bioindustry Association (AZBIO) is the statewide bioindustry trade association and unifies, empowers and advances its members. AZBIO enhances the environment to make Arizona a place where health innovation and bioscience companies can grow and succeed.

Arizona Bioindustry Association Inc at a glance

In short: Arizona Bioindustry Association Inc gave $171K across 4 grants in 2025 (avg $43K), mostly in Arizona. Source: 2025 IRS Form 990.

Annual giving (2025)
$170,571
-10.9% vs 2024
Grants made (2025)
4
-42.9% vs 2024
Average grant
$42,643
+56.0% vs 2024
Median grant
$29,654
Total assets
$507,551
+2.5% vs 2024
Primary geography
Arizona (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

How to apply to Arizona Bioindustry Association Inc

Who Arizona Bioindustry Association Inc funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Macula Vision: $97KMacula Vision$97KAnuncia Medical: $38KAnuncia Medical$38KBiobolt Medical: $21KBiobolt Medical$21KBlack Mountain Botanicals (Dr Fossum's): $14KBlack Mountain Botanicals (DrFossum's)$14K

The largest 2025 recipient was Macula Vision ($97K). Together the top 4 received $171K.

Grant Size Distribution

38 grants across all recorded years

36<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 36 grants of 38 (95%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

TucsonPhoenixScottsdaleOro ValleyCarefreeSurpriseBostonGrand RapidsMesaSottsdaleVail

How Arizona Bioindustry Association Inc gives

  • Giving fell 34% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K6 grants2019 8 grants2020 8 grants2021 9 grants2022 10 grants2023 7 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $159K (2019) to $259K (2022). In 2025 it made 4 grants totaling $171K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Macula Vision Tucson, AZFlinn foundation bioscience entepreneurship grant 24-12174 ($3,121) and grant 25-17732 ($93,750) - direct reimbursement of expenses as required by flinn grant contract$96,871
Anuncia Medical Scottsdale, AZFlinn foundation bioscience entrepreneurship grant 25-17731 - direct reimbursement of expenses as required by flinn grant contract$37,862
Biobolt Medical Tucson, AZFlinn foundation bioscience entepreneurship grant 24-12173 - direct reimbursement of expenses as required by flinn grant contract$21,446
Black Mountain Botanicals (Dr Fossum's) Carefree, AZFlinn foundation bioscience entepreneurship grant 24-12176 - direct reimbursement of expenses as required by flinn grant contract$14,392
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$507,551$835,183$844,035$170,5714$4,226
2024$495,333$874,100$878,000$191,3667$4,855
2023$489,931$926,808$923,975$248,18510$2,914
2022$611,594$932,237$928,627$259,3749$198
2021$529,622$813,449$805,609$200,5488$257
2020$476,714$808,896$681,975$200,5368$533
2019$396,569$737,563$651,466$159,2736$750

About Arizona Bioindustry Association Inc

Based on IRS filings

Arizona Bioindustry Association Inc is a public charity focused on Community Improvement & Capacity Building, based in Phoenix, AZ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $508K in total assets. In 2025, it awarded 4 grants totaling $171K. Net investment income was $4K.

Leadership & Key People

Officers and directors from IRS filings

Arizona Bioindustry Association Inc is led by Joan Koerber-Walker, President & CEO on every filing since 2019; 1 of 36 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Joan Koerber-Walker

    President & CEO

    On filings since 2019

    60 hrs/week

    $152K (2019) → $211K (2025)

  • Kevin Parker

    Chair

    Executive Committee → Vice Chair, 2023

    Vice Chair → Chair, 2024

    On filings since 2022

    6 hrs/week

    No compensation reported

  • Alex Tessmer

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Dan Kasprzyk

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Elliott Mufson PhD

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kiran Avancha

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mara Aspinall

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Maryann Guerra

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Sandra Watson

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Stephen Munk PhD

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Claudia Whitehead

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • David Dexter

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mary O'Reilly PhD

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Steven Potts PhD

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Nathan Trembath

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Renae Franz

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Shannon Groppenbacher

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Tom Eisiminger

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • James Bates

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Matt Hutchings

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Steven Lester MD

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Charles McWilliams

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Janine Lobello DO

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Rebecca Ewald PhD

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jacob Busch

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Patrick Schnegelsberg

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Tyler Bonar

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Vignesh Subbian PhD

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Willy Davison

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Jason Jardine

    Executive Committee

    Director → Executive Committee & Nagc, 2021

    Executive Committee & Nagc → Executive Committee, 2023

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Jeff Vallerga

    Secretary

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Kristen Swingle

    Executive Committee

    Chairwoman of the Board → Chairman, 2023

    Chairman → Executive Committee, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Kyle Wesley

    Executive Committee

    Director → Executive Committee, 2022

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Russ Yelton

    Executive Committee

    Executive Committee → Past Chair & Nagc, 2021

    Past Chair & Nagc → Executive Committee, 2022

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Tony Caldwell

    Executive Committee

    Director → Executive Committee, 2024

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Harish Ankaraju

    Treasurer

    New on the 2025 filing

    4 hrs/week

    No compensation reported

Former officers (30)
  • Former: Jeff Singleton (2019–2024) — Treasurer
  • Former: Jennifer Barton PhD (2019–2024) — Director
  • Former: Peter Bawin (2019–2024) — Director
  • Former: Cathy Langham (2021–2024) — Director
  • Former: David Patience (2022–2024) — Director
  • Former: Caron Davis (2023–2024) — Executive Committee
  • Former: Brandy Flores (2022–2023) — Director
  • Former: Jeff Morton (2022–2023) — Director
  • Former: Galen Perry (2019–2022) — Director
  • Former: Rafael Fonseca MD (2021–2022) — Director
  • Former: Jyotsna Ghai PhD (2022) — Director
  • Former: Renee Gala (2022) — Director
  • Former: Brian Mower (2019–2021) — Vice Chair
  • Former: Jeff Buel (2019–2021) — Director
  • Former: Joel Barthelemy (2019–2021) — Director
  • Former: Renae Moomjian (2019–2021) — Director
  • Former: Theresa Fossum Dvm PhD (2019–2021) — Director
  • Former: Stephanie Simpson (2020–2021) — Director
  • Former: Jerianne Gerloff (2021) — Director
  • Former: Beth Sheppard (2019–2020) — Director
  • Former: Matthew Anderson MD (2019–2020) — Director
  • Former: Shelby Fletcher (2019–2020) — Director
  • Former: William F. Mulholland (2019–2020) — Executive Committee
  • Former: Allison Barnett (2020) — Director
  • Former: Rick Buss (2020) — Director
  • Former: Barbara Lussenhop (2019) — Director
  • Former: Dirk Beth (2019) — Vice Chair
  • Former: Gabe Hyams (2019) — Director
  • Former: Kathleen Traylor MD (2019) — Director
  • Former: Steve Kachelmeyer (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Joan Koerber-Walker — President & CEO: $211KJoan Koerber-WalkerPresident & CEO$211K

The highest reported compensation on the 2025 filing was $211K, to Joan Koerber-Walker (President & CEO).

Frequently asked questions about Arizona Bioindustry Association Inc

How much does Arizona Bioindustry Association Inc give each year?

Arizona Bioindustry Association Inc gave $171K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $191K across 7 grants.

What is Arizona Bioindustry Association Inc's typical grant size?

Arizona Bioindustry Association Inc's median grant in 2025 was $29,654, and its average grant was $42,643, across 4 grants on its 2025 IRS Form 990.

Where does Arizona Bioindustry Association Inc give grants?

Arizona Bioindustry Association Inc gives mostly in Arizona: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Tucson, AZ (2 grants).

Does Arizona Bioindustry Association Inc give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Arizona Bioindustry Association Inc's 2025 IRS Form 990 were described as general or operating support.

How large is Arizona Bioindustry Association Inc?

Arizona Bioindustry Association Inc reported $508K in total assets on its 2025 IRS Form 990. Its revenue that year was $835K.

What is Arizona Bioindustry Association Inc?

Arizona Bioindustry Association Inc is a public charity focused on Community Improvement & Capacity Building, based in Phoenix, AZ. It holds $508K in total assets as of 2025.

What is Arizona Bioindustry Association Inc's EIN?

Arizona Bioindustry Association Inc's EIN (Employer Identification Number) is 86-0938465. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 3, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS February 23, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS June 8, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
  6. Added Form 990 for fiscal year 2019 (received by the IRS April 29, 2020)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
  8. IRS filings on file for fiscal years 2020–2024

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Figures come from Arizona Bioindustry Association Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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