Overview
What is Als Therapy Development Foundation Inc?
Als Therapy Development Foundation Inc, based in Watertown, Massachusetts, is a distinguished nonprofit organization that combines the passion and dedication of a charity with the innovative spirit of a biotechnology company. Their primary mission is to identify potential targets for therapy development and expeditiously create treatments for those currently suffering from ALS. Their unique laboratory serves as the leading drug discovery program for ALS, bridging a critical research gap by screening drugs using the SOD1 mouse model of the disease. The foundation's collaborative research process is transparent and inclusive, involving ALS patients and honoring those who have battled the disease. With a staff of 59 individuals, Als Therapy Development Foundation Inc is dedicated to finding effective treatments for those living with ALS, making every decision in the best interest of their mission.
Official website here: www.als.net
Is Als Therapy Development Foundation Inc legitimate?
Als Therapy Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Als Therapy Development Foundation 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: $330,812
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,354,892
For more financial information, click here
Official website here: www.als.net
What is the mission statement of Als Therapy Development Foundation Inc?
Als Therapy Development Foundation Inc is dedicated to identifying viable targets for therapy development and expeditiously creating treatments for ALS patients to alleviate their suffering. The organization's approach combines the passion and dedication of a nonprofit with the entrepreneurial and scientific spirit of a biotech company. Their laboratory serves as the leading drug discovery program for ALS, bridging a critical research gap. By leveraging in-house expertise, they screen drugs in the SOD1 mouse model of ALS to translate research into potential drug candidates. Als Therapy Development Foundation Inc also engages in scientific collaborations to bring the most promising leads closer to patient use. They actively share emerging knowledge on the disease with patients, physicians, and researchers to ensure swift and comprehensive dissemination. Every decision made by the foundation is driven by the goal of finding effective treatments for individuals living with ALS, thereby accelerating drug development for this debilitating disease.
Official website here: www.als.net
Who is the CEO of Als Therapy Development Foundation Inc?
Fernando Vieira is the Ceo / Cso of Als Therapy Development Foundation Inc. The CEO's salary of Als Therapy Development Foundation Inc is $315,125 and their total compensation is $330,812.
Official website here: www.als.net
What is the revenue of Als Therapy Development Foundation Inc?
Als Therapy Development Foundation Inc's revenue in 2022 was $11,364,169.
Official website here: www.als.net
Who are the executives of Als Therapy Development Foundation Inc and what are their salaries?
The average compensation at Als Therapy Development Foundation Inc during 2022 was $62,470. There are 59 employees and 500 volunteers at Als Therapy Development Foundation Inc.
Here are 24 key members and their salaries (Als Therapy Development Foundation Inc's CEO's salary is $315,125 and their total compensation is $330,812):
- Compensation: $315,125
- Related: $0
- Other: $15,687
- Compensation: $170,654
- Related: $0
- Other: $8,280
- Compensation: $160,332
- Related: $0
- Other: $13,251
- Compensation: $148,199
- Related: $0
- Other: $8,280
- Compensation: $134,069
- Related: $0
- Other: $20,622
- Compensation: $130,026
- Related: $0
- Other: $6,711
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Official website here: www.als.net
Where can I find the form 990 for Als Therapy Development Foundation Inc?
Als Therapy Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.als.net
Learn more at the official website: www.als.net
Mission Statement of Als Therapy Development Foundation Inc
Als Therapy Development Foundation, a nonprofit organization, is driven by a mission to identify promising targets for the development of therapies aimed at alleviating the suffering of individuals living with ALS. With a passion and dedication typical of a nonprofit, and the entrepreneurial and scientific spirit of a biotechnology company, Als TDI bridges a critical research gap in the field of ALS. Their laboratory serves as the leading drug discovery program for this debilitating disease, screening potential drugs using the SOD1 mouse model of ALS. By translating research into potential drug candidates, Als TDI accelerates the drug development process for ALS. Their collaborations with other scientific entities ensure that the most promising leads are brought closer to patient use. Als TDI is committed to sharing emerging knowledge about the disease with patients, physicians, and researchers in a timely and comprehensive manner, ensuring that every decision made is in the best interest of finding effective treatments for ALS patients.
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Impact
July, 2024
ALS Therapy Development Foundation Inc's impact lies in its commitment to creating and leading a transparent collaborative research process that involves ALS patients today and honors those whose journey with this disease has ended. The organization combines the passion and dedication of a nonprofit with the entrepreneurial and scientific spirit of a biotechnology company. By bridging critical research gaps and translating expertise into potential drug candidates through drug screening in the SOD1 mouse model of ALS, ALS TDI accelerates drug development for ALS. Their scientific collaborations aim to bring the most promising leads closer to patient use, while sharing emerging knowledge on the disease with patients, physicians, and researchers swiftly and comprehensively. Every decision is guided by the interest of finding effective treatments for people living with ALS, embodying a unique approach that advances medical research in the field.
This information is meant to be a general summary of Als Therapy Development Foundation 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: $66,813
- Program Service Revenue: $636,927
- Gross Receipts: $12,385,061
Assets and Liabilities:
- Total Assets: $21,051,525
- Total Liabilities: $5,823,044
- Net Assets: $15,228,481
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PHARMACEUTICAL CONTRACTS
Revenue
$636,927
Organization Details
Founding Year
1999
Phone
(617) 441-7200Principal Officer
Fernando Vieira
Main Address
480 ARSENAL STREET SUITE 201, WATERTOWN, MA, 02472
Website
www.als.netNTEE Category
Code: H80 - Medical research
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