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    Connecticut United for Research Excellence Inc. Logo

    MIP Score

    48

    Med Research
    Lung Disease Research

    Connecticut United for Research Excellence Inc.

    Connecticut United for Research Excellence Inc. Logo

    Connecticut United for Research Excellence Inc.

    Med Research
    Lung Disease Research
    93 SHENNECOSSETT RD, Groton, CT, United States 06340-5115View all Groton charities
    EIN: 06-1304212
    Total Assets: $496.3 thousand
    Founding year not available

    Mission

    BioCT serves as the voice of Connecticut’s life sciences industry, uniting a diverse community of organizations from therapeutics, healthcare technology, to medical devices. Its goal is to foster innovation, entrepreneurship, and educational outreach, creating a sustainable and impactful life sciences community that enhances the quality of life for Connecticut residents.

    Read more on their website →

    Basic Information

    Tax-Exempt

    Address

    93 SHENNECOSSETT RD, Groton, CT, United States 06340-5115

    View all Groton charities

    Founded in

    N/A

    EIN

    06-1304212

    Total Assets

    $496.3 thousand

    Mission

    BioCT serves as the voice of Connecticut’s life sciences industry, uniting a diverse community of organizations from therapeutics, healthcare technology, to medical devices. Its goal is to foster innovation, entrepreneurship, and educational outreach, creating a sustainable and impactful life sciences community that enhances the quality of life for Connecticut residents.

    Basic Information

    Tax-Exempt

    Address

    93 SHENNECOSSETT RD, Groton, CT, United States 06340-5115

    View all Groton charities

    Founded in

    Not Reported

    EIN

    06-1304212

    Total Assets

    $496.3 thousand

    UN Sustainable Development Goals Supported

    This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

    Showing 3 of 4 goals

    Goal 3

    Good Health

    Goal 9

    Innovation and Infrastructure

    Goal 10

    Reduced Inequalities

    Goal 3

    Good Health

    Goal 9

    Innovation and Infrastructure

    Goal 10

    Reduced Inequalities

    Goal 17

    Partnerships for the Goals

    At a Glance

    Life Sciences Community

    Life Sciences Community

    Connecticut’s vibrant life sciences community fosters innovation and collaboration.

    Upcoming AI Summit

    Upcoming AI Summit

    Join industry leaders for insightful discussions on the application of AI in life sciences.

    2025 BioCT Legislative Breakfast

    2025 BioCT Legislative Breakfast

    An important event bringing together life science executives with key legislators.

    Impact Stats

    $100 million

    Funding amount

    Stem Cell Research Program

    Initiated a groundbreaking $100 million stem cell research program over ten years.

    4

    Number of tax incentives

    Tax Credits for R&D

    Secured tax credits providing significant financial incentives for research and development efforts.

    $200 million

    Funding amount

    Bioscience Innovation Fund

    Established a $200 million fund to support bioscience startups and innovations.

    Past Events

    BioCT Entrepreneur of the Year

    2023-11-25

    Annual event to honor exceptional contributions in the life sciences sector.

    Upcoming Events

    2024 Big Connect Expo

    2024 Big Connect Expo

    2024-11-21

    A premier business expo featuring key players from the life sciences and business sectors.

    Learn More
    AI Summit

    AI Summit

    2024-11-22

    A summit focusing on artificial intelligence in life sciences hosted by Boehringer Ingelheim & BioCT.

    Learn More
    2025 CLA Economic Outlook

    2025 CLA Economic Outlook

    2024-12-04

    Virtual event discussing economic insights relevant to life sciences and beyond.

    Learn More

    MIP Score (Beta)

    The MIP Score is in beta! We'd love any feedback you may have.

    The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

    Overall Score

    48

    52

    /100

    Program Expense Ratio

    95.00%

    20

    /20

    Program Revenue Growth

    -51.37%

    2

    /20

    Leverage Ratio

    0.02869

    20

    /20

    Working Capital Ratio

    0.7799

    8

    /20

    Fundraising Efficiency

    0

    2

    /20

    Latest Filing Data: Form 990

    Fiscal Year:2022

    Source:Source: Self-reported by organization

    Financial Details

    Revenue

    CategoryAmountPercentage
    Contributions, Gifts, and Grants474.1K78.83%
    Program Services126.2K20.99%
    Investment Income00.00%
    Sales of Non-Inventory Assets00.00%
    Other Notable Sources1.057K0.18%
    Total Revenue601.4K100.00%

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