Overview
What is Drug Research Group Inc?
Drug Research Group Inc, located at 11 Muzzey Street, Lexington, Massachusetts, is a nonprofit organization dedicated to conducting research in the field of over-the-counter and prescription drugs. Their primary mission is to provide quantitative data on the frequency of side effects associated with these drugs, aiming to improve public health and drug safety. With a team of 10 employees, they strive to contribute to the medical community's understanding of drug-related side effects, ultimately benefiting patients and healthcare professionals alike.
Official website here: www.bcdsp.org
Is Drug Research Group Inc legitimate?
Drug Research Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Drug Research Group Inc 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: $120,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $413,100
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Official website here: www.bcdsp.org
What is the mission statement of Drug Research Group Inc?
Drug Research Group Inc's mission is centered around conducting research to provide quantitative data on the frequency of side effects associated with both over-the-counter and prescribed medications. Their primary goal is to contribute to a more comprehensive understanding of drug safety, aiding in the development of more effective and safer treatments. The organization's activities focus on collecting and analyzing data to identify and address potential side effects, ultimately aiming to improve patient safety and drug efficacy.
Official website here: www.bcdsp.org
Who is the CEO of Drug Research Group Inc?
Susan Jick is the Director of Drug Research Group Inc.
Official website here: www.bcdsp.org
What is the revenue of Drug Research Group Inc?
Drug Research Group Inc's revenue in 2022 was $255,612.
Official website here: www.bcdsp.org
Who are the executives of Drug Research Group Inc and what are their salaries?
The average compensation at Drug Research Group Inc during 2022 was $53,400. There are 10 employees at Drug Research Group Inc.
Here are 7 key members and their salaries:
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- Compensation: $62,500
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- Compensation: $120,900
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Official website here: www.bcdsp.org
Where can I find the form 990 for Drug Research Group Inc?
Drug Research Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bcdsp.org
Learn more at the official website: www.bcdsp.org
Mission Statement of Drug Research Group Inc
Drug Research Group Inc, a nonprofit organization, is dedicated to conducting research with the primary objective of providing quantitative data on the frequency of side effects associated with both over-the-counter and prescribed medications. This mission aims to contribute to a comprehensive understanding of the potential adverse effects of various drugs, thereby promoting safety and informed decision-making for individuals using these medications. By collecting and analyzing data on side effects, Drug Research Group Inc seeks to contribute significantly to the medical community's knowledge of drug safety, potentially leading to improved patient care and treatment outcomes.
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Impact
October, 2024
Drug Research Group Inc significantly impacts public health by conducting comprehensive research that delivers quantitative data on the frequency of side effects associated with both prescription and over-the-counter drugs. Based in Lexington, MA, their work informs consumers, healthcare professionals, and regulatory bodies, enabling them to make more informed decisions regarding medication safety and risk management. By providing a systematic analysis of drug side effects, Drug Research Group Inc contributes to heightened awareness about medication safety, ultimately promoting better health outcomes and encouraging transparency in the pharmaceutical industry. Their findings can influence prescribing practices, guide patient education, and shape policies related to drug approval and monitoring, thereby enhancing the overall integrity of healthcare.
This information is meant to be a general summary of Drug Research Group Inc. 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: $18,377
- Gross Receipts: $687,541
Assets and Liabilities:
- Total Assets: $1,272,221
- Total Liabilities: $14,968
- Net Assets: $1,257,253
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Organization Details
Founding Year
1981
Phone
(781) 862-6660Principal Officer
Susan Jick
Main Address
11 MUZZEY STREET, LEXINGTON, MA, 02421
Website
www.bcdsp.orgNTEE Category
Code: E66E - Health
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