Overview
What is Mount Desert Island Biological Laboratory?
Mount Desert Island Biological Laboratory is a renowned research institution based in Salisbury Cove, Maine, with a workforce of 113 dedicated scientists. Their mission is to advance human health by discovering fundamental mechanisms of tissue repair, aging, and regeneration, translating these findings for medical and societal benefits, and nurturing the next generation of scientific leaders. In 2022, their researchers made significant strides, publishing 19 peer-reviewed papers, securing $2.2 million in federal funding, and constructing a new MesospiM microscope. Their work focuses on understanding the cellular basis for regeneration and aging in humans and developing new therapeutic approaches to enhance our natural healing abilities.
Official website here: www.mdibl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Mount Desert Island Biological Laboratory has achieved an exceptional Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The organization scores 100% in this area, reflecting its robust financial management practices and transparency. This high rating is significant as it showcases the lab's dedication to responsible stewardship of its resources.
The laboratory is noted for having a majority of independent board members, which promotes impartiality and effective governance. With a strong program expense ratio of 75.58%, the organization directs a substantial portion of its funds toward its mission-related activities, further underscoring its operational efficiency. Additionally, the presence of comprehensive policies regarding conflict of interest and whistleblower protections highlights its commitment to ethical standards.
While the data reflects a solid financial standing with no material diversions of assets and a favorable liabilities to assets ratio, potential donors may still want to consider the organization's specific programs and impact beyond these metrics. Overall, the lab demonstrates strong organizational integrity and a focus on scientific research, making it a trustworthy choice for contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Desert Island Biological Laboratory legitimate?
Mount Desert Island Biological Laboratory is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Desert Island Biological Laboratory submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $342,347
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,117,322
For more financial information, click here
Official website here: www.mdibl.org
What is the mission statement of Mount Desert Island Biological Laboratory?
The Mount Desert Island Biological Laboratory is dedicated to improving human health through the discovery of fundamental mechanisms of tissue repair, aging, and regeneration. By translating their findings, they aim to benefit medicine and society, and develop the next generation of scientific leaders. Their researchers are pioneering new approaches to regenerative medicine, focusing on understanding the biology of regeneration and aging in humans, and developing therapies to enhance the body's natural ability to heal and slow age-related degenerative changes. In 2022, they secured 2.2 million dollars in federal funding, published 19 peer-reviewed research papers, constructed a new mesospiM microscope, and launched a new drug discovery initiative. Their scientists' significant achievements have earned them recognition with the Franz Volhard Medal from the German Nephrology Society and induction into the German National Academy of Sciences.
Official website here: www.mdibl.org
Who is the CEO of Mount Desert Island Biological Laboratory?
Dr Hermann Haller is the President of Mount Desert Island Biological Laboratory.
Official website here: www.mdibl.org
What is the revenue of Mount Desert Island Biological Laboratory?
Mount Desert Island Biological Laboratory's revenue in 2022 was $11,998,788.
Official website here: www.mdibl.org
Who are the executives of Mount Desert Island Biological Laboratory and what are their salaries?
The average compensation at Mount Desert Island Biological Laboratory during 2022 was $48,316. There are 113 employees and 38 volunteers at Mount Desert Island Biological Laboratory.
Here are 27 key members and their salaries:
- Compensation: $184,766
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- Other: $25,968
- Compensation: $147,141
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- Other: $22,649
- Compensation: $157,581
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- Other: $12,015
- Compensation: $151,712
- Related: $0
- Other: $13,997
- Compensation: $147,580
- Related: $0
- Other: $15,875
- Compensation: $118,834
- Related: $0
- Other: $25,454
- Compensation: $121,176
- Related: $0
- Other: $19,077
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Official website here: www.mdibl.org
Where can I find the form 990 for Mount Desert Island Biological Laboratory?
Mount Desert Island Biological Laboratory's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mdibl.org
Learn more at the official website: www.mdibl.org
Mission Statement of Mount Desert Island Biological Laboratory
Mount Desert Island Biological Laboratory, a renowned institution, is dedicated to improving human health through groundbreaking research on tissue repair, aging, and regeneration. Their mission extends beyond the realm of scientific discovery, with a strong commitment to translating these findings for the benefit of medicine and society. By developing the next generation of scientific leaders, MDI Biological Laboratory aspires to leave a lasting impact on the field.
Researchers at MDI Biological Laboratory pioneer innovative approaches to regenerative medicine, delving into the biology of regeneration and aging in humans. They explore a diverse range of research models to identify the cellular basis for repair and aging, and to develop new therapeutic approaches that can enhance our natural ability to heal and combat age-related degenerative changes. The institution's notable achievements in 2022 include securing $2.2 million in federal funding, publishing 19 peer-reviewed research papers, constructing a new, state-of-the-art MesospiM microscope, and launching MDI BioScience, a drug discovery initiative.
At the helm of this esteemed organization is its President, Dr. Hermann Haller, who was recognized with two prestigious awards in 2022. The German Nephrology Society bestowed upon him the Franz Volhard Medal, while the German National Academy of Sciences welcomed him as a new member, both in acknowledgement of his significant scientific achievements. These accolades serve as a testament to the profound impact MDI Biological Laboratory is making in the realm of scientific research and discovery.
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Impact
August, 2024
Mount Desert Island Biological Laboratory's impact lies in pioneering new approaches to regenerative medicine, focusing on understanding the biology of regeneration and aging to develop therapies that activate the body's natural ability to heal and slow age-related degenerative changes. In 2022, the institution secured $2.2 million in federal funding, published 19 peer-reviewed research papers, constructed a new state-of-the-art mesoSPIM microscope, and launched MDI Bioscience, a new drug discovery initiative. President Hermann Haller, M.D. received prestigious awards for his scientific achievements. Their research spans a broad array of models to identify the cellular basis for regeneration and aging in humans, aiming to enhance our ability to repair age-related damage.
This information is meant to be a general summary of Mount Desert Island Biological Laboratory. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$821,176
- Program Service Revenue: $1,169,293
- Gross Receipts: $17,307,920
Assets and Liabilities:
- Total Assets: $30,472,418
- Total Liabilities: $5,692,786
- Net Assets: $24,779,632
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE & COURSE FEES
Revenue
$777,101
EQUIPMENT & OTHER FEES
Revenue
$170,173
HOUSING FEES
Revenue
$120,664
DINING HALL FEES
Revenue
$44,437
LABORATORY FEES
Revenue
$42,111
Organization Details
Founding Year
1898
Phone
(207) 288-3605Principal Officer
Dr Hermann Haller
Main Address
PO BOX 35, SALISBURY COVE, ME, 046720035
Website
www.mdibl.orgNTEE Category
Code: U500 - Science research
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