Overview
What is Bedford Va Research Corporation Inc?
Bedford Va Research Corporation Inc, also known as BRCI, is a nonprofit organization based in Bedford, Massachusetts. Their primary focus is on supporting the health and well-being of veterans by providing them with opportunities to participate in educational programs and innovative research. They work in collaboration with various foundations, corporations, universities, government agencies, and donors to facilitate and advance the education and research mission of the Department of Veterans Affairs, with a specific focus on the Bedford Healthcare System. The organization's activities are approved by the Edith Nourse Rogers Memorial VA Hospital in Bedford, Massachusetts. With a team of 16 employees, BRCI aims to enhance the lives of veterans and contribute positively to the general population.
What are the reviews and ratings of this charity?
Charity Navigator rating: 77%, Three-Star out of Four Star rating.
The Bedford Va Research Corporation Inc has achieved a 77% rating, indicating a solid performance in accountability and finance, which is the sole focus of its evaluation. The organization scored full points in several key areas, including audit oversight and compliance with conflict of interest and whistleblower policies, demonstrating a commitment to maintaining transparency and ethical governance.
Financially, the organization appears stable, with a liabilities to assets ratio of 52% and a high program expense ratio of 90.06%. This suggests that a significant portion of its resources is directed towards its mission-driven activities rather than administrative costs. However, the organization could potentially enhance its overall score by improving its liabilities management.
While the three-star rating reflects a reliable operational standard, stakeholders may remain cautious about the single-focus assessment from Charity Navigator. Continuous monitoring of both financial health and programmatic impact would further bolster the nonprofit’s reputation and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Bedford Va Research Corporation Inc legitimate?
Bedford Va Research Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bedford Va Research Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $223,035
For more financial information, click here
What is the mission statement of Bedford Va Research Corporation Inc?
Bedford Va Research Corporation Inc's mission is centered around providing veterans with opportunities to engage in educational programs and innovative research, enhancing their health and well-being. The organization aims to support and advance the education and research mission of the Department of Veterans Affairs, with a particular focus on the VA Bedford Healthcare System. By establishing new partnerships and collaborating with foundations, corporations, universities, government agencies, and donors, Bedford Va Research Corporation Inc provides a straightforward mechanism to collaborate with the VA Bedford Healthcare System, promoting education programs and novel research to improve the lives of veterans as well as the general population.
Who is the CEO of Bedford Va Research Corporation Inc?
John M Wells is the Director of Bedford Va Research Corporation Inc.
What is the revenue of Bedford Va Research Corporation Inc?
Bedford Va Research Corporation Inc's revenue in 2022 was $922,454.
Who are the executives of Bedford Va Research Corporation Inc and what are their salaries?
The average compensation at Bedford Va Research Corporation Inc during 2022 was $13,940. There are 16 employees at Bedford Va Research Corporation Inc.
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Where can I find the form 990 for Bedford Va Research Corporation Inc?
Bedford Va Research Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bedford Va Research Corporation Inc
Bedford Va Research Corporation Inc, a nonprofit organization, is dedicated to providing veterans with opportunities to engage in educational programs and innovative research that enhance their health and well-being. The organization aims to support and advance the education and research mission of the Department of Veterans Affairs, with a particular focus on the research and educational activities at the VA Bedford Healthcare System. By establishing new partnerships and collaborating with foundations, corporations, universities, government agencies, and donors, Bedford Va Research Corporation Inc offers a straightforward mechanism for working with the VA Bedford Healthcare System to advance education programs and groundbreaking research. This endeavor aims to significantly improve the lives of veterans as well as the general population.
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Impact
July, 2024
Bedford Va Research Corporation Inc's impact lies in its dedication to providing veterans with the opportunity to participate in educational programs and innovative research that support their health and well-being. By focusing on the research and educational activities at the VA Bedford Healthcare System, this organization facilitates and advances the education and research mission of the Department of Veterans Affairs.
Through the development of new partnerships and collaborations with various entities, including foundations, corporations, universities, government agencies, and donors, Bedford Va Research Corporation Inc creates a clear and straightforward mechanism to work with the VA Bedford Healthcare System. This collaboration enables the advancement of education programs and novel research aimed at improving the lives of those who have served, as well as the general population. Their efforts in medical research, particularly through various approved research projects at the Edith Nourse Rogers Memorial VA Hospital in Bedford, Massachusetts, contribute significantly to the advancement of healthcare outcomes for veterans and the wider community.
This information is meant to be a general summary of Bedford Va Research Corporation 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: $74
- Program Service Revenue: $908,762
- Gross Receipts: $922,865
Assets and Liabilities:
- Total Assets: $886,350
- Total Liabilities: $342,739
- Net Assets: $543,611
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH CONTRACTS
Revenue
$896,355
EDUCATION
Revenue
$12,407
Organization Details
Founding Year
2001
Phone
(781) 687-3588Principal Officer
John M Wells
Main Address
200 SPRINGS RD MS151 BLDG 70, BEDFORD, MA, 01730
NTEE Category
Code: H99 - Medical research
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