Overview
What is Boston Va Research Institute Inc?
Boston Va Research Institute Inc is a dedicated nonprofit organization based in Boston, Massachusetts, with a mission to serve veterans by advancing quality healthcare through rigorous research and education at the VA Boston Healthcare System. In 2022, they actively engaged in 29 clinical and biomedical research projects, encompassing a diverse range of veteran-related issues, such as PTSD, oncology, obesity, informatics, mental health, and the psychological and social impact of wars among active military personnel. Many of these projects span several years, ensuring continuous progress. Their primary focus is to inquire, innovate, and achieve in the realm of research and education to enhance the lives of veterans. The organization employs 86 individuals to accomplish its mission.
Official website here: www.bvari.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The Boston VA Research Institute Inc holds a rating of 73%, which is indicative of a moderate level of accountability and financial health. The organization's financial statements are well-managed, reflected in a perfect score for its audit and oversight committee, along with a strong program expense ratio of 84.04%. This suggests that a significant portion of its funding is directed towards its programs, which is a positive aspect for donors looking for effective use of resources.
However, the organization demonstrates some weaknesses in governance, as it received no points for having a majority of independent board members. This raises potential concerns regarding oversight and independence within the board. Additionally, the liabilities to assets ratio is high at 81.20%, signaling potential financial risk that could impact the organization’s stability in the future.
Despite these concerns, the institute maintains several strong policies, including conflict of interest and whistleblower protections, ensuring ethical management practices. Overall, while the Boston VA Research Institute Inc shows promise in program delivery, it would benefit from improvements in its governance structure and financial management to enhance its overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Boston Va Research Institute Inc legitimate?
Boston Va Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Va Research Institute 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: $427,284
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,748,088
For more financial information, click here
Official website here: www.bvari.org
What is the mission statement of Boston Va Research Institute Inc?
The Boston Va Research Institute Inc is dedicated to enhancing healthcare for veterans through rigorous inquiry and continuous achievement in research and education at the VA healthcare system. They engaged in 29 VA-approved basic clinical and biomedical research projects in 2022, focusing on a wide range of veteran-related issues such as PTSD, oncology, obesity, informatics, mental health, psychological, and social impact of wars among active military personnel. Many of these projects are multi-year initiatives and will be carried on for several years.
Official website here: www.bvari.org
Who is the CEO of Boston Va Research Institute Inc?
Patricia Mcnulty is the Director of Boston Va Research Institute Inc. The CEO's salary of Boston Va Research Institute Inc is $221,527 and their total compensation is $236,268.
Official website here: www.bvari.org
What is the revenue of Boston Va Research Institute Inc?
Boston Va Research Institute Inc's revenue in 2022 was $13,304,752.
Official website here: www.bvari.org
Who are the executives of Boston Va Research Institute Inc and what are their salaries?
The average compensation at Boston Va Research Institute Inc during 2022 was $48,551. There are 86 employees and 12 volunteers at Boston Va Research Institute Inc.
Here are 19 key members and their salaries (Boston Va Research Institute Inc's CEO's salary is $221,527 and their total compensation is $236,268):
- Compensation: $0
- Related: $352,373
- Other: $0
- Compensation: $0
- Related: $291,903
- Other: $0
- Compensation: $0
- Related: $290,514
- Other: $0
- Compensation: $0
- Related: $278,282
- Other: $0
- Compensation: $0
- Related: $275,076
- Other: $0
- Compensation: $174,705
- Related: $0
- Other: $75,294
- Compensation: $225,210
- Related: $0
- Other: $19,808
- Compensation: $221,527
- Related: $0
- Other: $14,741
- Compensation: $0
- Related: $213,050
- Other: $0
- Compensation: $165,898
- Related: $0
- Other: $27,156
- Compensation: $148,749
- Related: $0
- Other: $42,267
- Compensation: $0
- Related: $176,300
- Other: $0
- Compensation: $0
- Related: $176,300
- Other: $0
- Compensation: $0
- Related: $166,544
- Other: $0
- Compensation: $121,454
- Related: $0
- Other: $33,758
- Compensation: $0
- Related: $149,821
- Other: $0
- Compensation: $122,833
- Related: $0
- Other: $7,051
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bvari.org
Where can I find the form 990 for Boston Va Research Institute Inc?
Boston Va Research Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bvari.org
Learn more at the official website: www.bvari.org
Mission Statement of Boston Va Research Institute Inc
Boston Va Research Institute Inc, a leading nonprofit organization, is dedicated to enhancing the quality of healthcare for veterans through rigorous inquiry, innovation, and continuous achievement in research and education at the VA Boston Healthcare System. The institute's primary mission is to serve veterans by advancing healthcare through groundbreaking research and education.
In pursuit of this mission, Boston Va Research Institute Inc actively engages in 29 VA-approved basic clinical and biomedical research projects. These projects cover a wide spectrum of veteran-related research questions, with a focus on Post Traumatic Stress Disorder (PTSD), oncology, obesity, informatics, mental health, and the psychological and social impact of wars among active military personnel. Many of these projects are long-term commitments, extending over several years. Boston Va Research Institute Inc's commitment to research is driven by its dedication to improving the lives of veterans and addressing their unique healthcare needs.
Beyond research, Boston Va Research Institute Inc is deeply invested in education. The organization's educational initiatives aim to equip the next generation of healthcare professionals with the knowledge and skills they need to provide top-notch care to veterans. Through its research and education programs, Boston Va Research Institute Inc is not only advancing the frontiers of healthcare but also ensuring that veterans receive the best possible care. The institute's unwavering commitment to service, inquiry, and innovation makes it an indispensable resource for veterans and the healthcare community at large.
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Impact
October, 2024
Boston VA Research Institute Inc (BVARI) has a significant impact on the healthcare of veterans through its commitment to advancing quality medical research and education. In 2022 alone, BVARI actively engaged in 29 clinical and biomedical research projects that address a wide array of veteran-related health issues. Key areas of focus include post-traumatic stress disorder (PTSD), oncology, obesity, mental health, and the psychological and social impacts of war on active-duty military personnel.
These research initiatives are not only crucial for understanding the unique health challenges faced by veterans but also foster innovation and improvement in healthcare practices within the VA Boston Healthcare System. The multi-year nature of many projects underscores the long-term dedication BVARI has to enhancing the well-being of veterans and ensuring that the latest findings translate into improved health outcomes. By providing a platform for inquiry and advancement in medical knowledge, BVARI plays a vital role in fostering a healthier future for those who have served in the military.
This information is meant to be a general summary of Boston Va Research Institute 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: $193,789
- Program Service Revenue: $1,211,105
- Gross Receipts: $45,725,956
Assets and Liabilities:
- Total Assets: $31,259,140
- Total Liabilities: $28,310,677
- Net Assets: $2,948,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CRADA
Revenue
$1,211,105
Organization Details
Founding Year
1990
Phone
(857) 364-3800Principal Officer
Patricia Mcnulty
Main Address
2 AVENUE DE LAFAYETTE, BOSTON, MA, 02111
Website
www.bvari.orgNTEE Category
Code: H00Z - Medical research
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