Overview
What is Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee?
Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee is a nonprofit organization based in New York City, specifically at 1270 Avenue of the Americas, Suite 501. Prior to entering Chapter 7 bankruptcy proceedings on April 28, 2011, the organization's mission was to translate basic scientific observations into therapeutic research themes. As of August 26, 2011, the organization went through a conversion to Chapter 7 and a trustee was appointed or elected, as per the provided information. The nonprofit is currently engaged in this bankruptcy process.
Official website here: www.not applicable
Is Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee legitimate?
Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.not applicable
What is the mission statement of Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee?
Prior to its bankruptcy filing in April 2011, Ordway Research Institute Inc, under the trusteeship of Janice Grubin Ch7 Trustee, had a mission of translating basic scientific observations into specific research themes focused on therapeutics. However, due to its conversion to Chapter 7 bankruptcy on August 26, 2011, and the appointment of the trustee, the organization's mission and activities have likely shifted to comply with the bankruptcy proceedings. The current focus of the institute during this bankruptcy process is not provided in the information provided.
Official website here: www.not applicable
Who is the CEO of Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee?
Janice Grubin is the Chapter 7 Trustee of Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee.
Official website here: www.not applicable
What is the revenue of Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee?
Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee's revenue in 2022 was $0.
Official website here: www.not applicable
Who are the executives of Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.not applicable
Where can I find the form 990 for Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee?
Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.not applicable
Learn more at the official website: www.not applicable
Mission Statement of Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee
Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee, prior to its Chapter 7 bankruptcy filing in April 2011, had a mission to translate fundamental scientific observations into specific research themes focused on therapeutics. This mission aimed to bridge the gap between basic scientific discoveries and their practical applications in the medical field. The organization's primary goal was to contribute to the development of new therapies based on its research, thereby potentially improving healthcare outcomes and advancing scientific knowledge. However, after its conversion to Chapter 7 bankruptcy on August 26, 2011, and the appointment of the trustee, further information about its mission or activities during this period is not provided in the given data.
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Impact
October, 2024
Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee's impact is largely defined by its transition into Chapter 7 bankruptcy. Prior to this filing on April 28, 2011, the organization focused on translating basic science observations into therapeutics, contributing to medical research and development. However, the conversion to Chapter 7 on August 26, 2011, indicates a significant change, as the organization ceased its operations and initiated the process of liquidating its assets under the oversight of a trustee.
This shift means that any ongoing or planned research projects, collaborations, or funding opportunities ceased, likely leaving a gap in the specific areas of medical research the organization targeted. The bankruptcy filing reflects broader challenges within the nonprofit sector, particularly for entities heavily reliant on funding and successful program execution. The impact on the community can be felt in the potential loss of innovative research contributions and scientific advancements, as well as the economic consequences for those employees and stakeholders affected by the bankruptcy proceedings.
This information is meant to be a general summary of Ordway Research Institute Inc C/O Janice Grubin Ch7 Trustee. 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.
Assets and Liabilities:
- Total Assets: $5,016,358
- Total Liabilities: $15,256,117
- Net Assets: -$10,239,759
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Organization Details
Founding Year
2002
Phone
(212) 784-5808Principal Officer
Janice Grubin
Main Address
1270 AVENUE OF THE AMERICAS 501, NEW YORK, NY, 10020
Website
www.not applicableNTEE Category
Code: H80 - Medical research
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