Public Charity

BIOMEDICAL RESEARCH AND INNOVATION PARK

BIOMEDICAL RESEARCH AND INNOVATION PARK is a Public Charity headquartered in MONROE, LA. Financial data from the 2025 filing: $2.2M revenue, $103K expenses, $9.4M total assets. 2 publicly reported grants to this organization, totaling roughly $175K, appear in IRS filings.

EIN: 861278770 MONROE, LA Economic Development NTEE: S30 Latest filing: 2025
Total Revenue$2.2M
Total Expenses$103K
Total Assets$9.4M
Grant Records2
Funding Total$175K
Filing Years2021–2025

Mission

The mission of the Biomedical Research and Innovation Park is to stimulate the establishment and growth of biotechnology start-up companies and other technology-based businesses. By fulfilling this mission, The Biomedical Research and Innovation Park will contribute to advances in health care, rural health care, public health, biotechnology as well as job creation and enhanced economic health to the region. The Biomedical Research and Innovation Park will be an integral part of the vision of the University of Louisiana at Monroe, Edward Via College of Osteopathic Medicine and the economic development vision of the region as well as facilitating technology transfer and commercialization by the faculty and researchers at area universities and colleges.

Officers & Directors

Board Member Arthur Cooper
Board Member Dr Carrie Castille
Board Member Jade West
Chairman Joe Holyfield
Secretary/Treas Susan Nicholson
Executive Dir. Virendra Chhikara

Officer compensation and complete director data available with membership.

Top Grant Purposes

SEE PART IV
$175,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.2M $103K $9.4M
2024 $3.8M $104K $8.0M
2023 $212K $124K $3.1M
2022 $2.0M $128K $3.0M
2021 $1.2M $96K $1.1M

Between 2021 and 2025, reported annual revenue grew from $1.2M to $2.2M (+90%), with total assets most recently reported at $9.4M.

Interactive year-over-year charts and full filing details available with membership.

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