Overview
What is Baim Institute For Clinical Research Inc?
The Baim Institute for Clinical Research Inc, situated in Boston, Massachusetts, serves as a hub for scientific and medical research. With a staff of 91 individuals, they specialize in designing, coordinating, and managing clinical trials. Their mission is to collaborate with academic and industry partners to conduct high-quality research in a nurturing and world-class academic environment. By performing analysis of clinical trial results, they contribute to improving health and enhancing the quality of life. Their primary activity involves engaging in research activities for academic, publishing, and regulatory purposes.
Official website here: www.baiminstitute.org
What are the reviews and ratings of this charity?
Charity Navigator rates Baim Institute For Clinical Research Inc at 81%, which translates to a Three-Star out of Four Star rating. This score is derived solely from the Accountability & Finance beacon, indicating a focus on how well the organization manages its finances and adheres to ethical practices. An 81% score reflects a solid performance in these areas, suggesting that the organization is generally responsible with its funds.
The organization exhibits several strengths in its financial operations. It boasts a perfect score in multiple categories, including material diversion of assets and the management of its audit and oversight committee. This indicates that Baim Institute has robust financial governance practices, with proper documentation such as board meeting minutes and conflict of interest policies in place. Additionally, a strong program expense ratio of 85.59% highlights its commitment to directing funds towards its mission-related activities.
However, while the financial accountability is commendable, there are no additional insights provided regarding the impact or effectiveness of its programs. The focus on financial metrics means that stakeholders may have limited information on the qualitative aspects of the organization's work, such as program outcomes or community feedback, which could be beneficial for a comprehensive understanding of its performance.
This AI summary has been generated from information found on Charity Navigator.
Is Baim Institute For Clinical Research Inc legitimate?
Baim Institute For Clinical Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baim Institute For Clinical Research 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: $874,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,311,452
For more financial information, click here
Official website here: www.baiminstitute.org
What is the mission statement of Baim Institute For Clinical Research Inc?
The Baim Institute For Clinical Research Inc is dedicated to engaging in and facilitating scientific and medical research with a mission to enhance health and improve quality of life. They collaborate with academic and industry partners to conduct high-quality clinical trials in a professional and world-class academic environment. The organization designs, coordinates, manages, and analyzes clinical trials with the purpose of academic publication, FDA submission and review, and other research goals. Their work contributes significantly to the advancement of medical knowledge and the development of new treatments.
Official website here: www.baiminstitute.org
What is the revenue of Baim Institute For Clinical Research Inc?
Baim Institute For Clinical Research Inc's revenue in 2023 was $13,536,792.
Official website here: www.baiminstitute.org
Who are the executives of Baim Institute For Clinical Research Inc and what are their salaries?
The average compensation at Baim Institute For Clinical Research Inc during 2023 was $85,545. There are 84 employees at Baim Institute For Clinical Research Inc.
Here are 16 key members and their salaries:
- Compensation: $450,000
- Related: $526,249
- Other: $82,991
- Compensation: $0
- Related: $877,790
- Other: $84,230
- Compensation: $0
- Related: $700,229
- Other: $81,877
- Compensation: $0
- Related: $649,383
- Other: $39,142
- Compensation: $0
- Related: $533,136
- Other: $61,401
- Compensation: $0
- Related: $422,594
- Other: $78,296
- Compensation: $0
- Related: $272,364
- Other: $37,055
- Compensation: $0
- Related: $268,218
- Other: $37,005
- Compensation: $197,208
- Related: $0
- Other: $19,731
- Compensation: $227,092
- Related: $0
- Other: $9,060
- Compensation: $175,041
- Related: $0
- Other: $6,776
- Compensation: $151,282
- Related: $0
- Other: $24,635
- Compensation: $135,278
- Related: $0
- Other: $32,772
- Compensation: $134,617
- Related: $0
- Other: $28,457
- Compensation: $141,741
- Related: $0
- Other: $6,159
- Compensation: $156,301
- Related: $98,307
- Other: $31,109
Official website here: www.baiminstitute.org
Where can I find the form 990 for Baim Institute For Clinical Research Inc?
Baim Institute For Clinical Research Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.baiminstitute.org
Learn more at the official website: www.baiminstitute.org
Mission Statement of Baim Institute For Clinical Research Inc
The Baim Institute for Clinical Research Inc is a pioneering organization committed to advancing health and enhancing the quality of life through rigorous scientific and medical research. Based on the provided information, the Institute aims to achieve this mission by collaborating closely with esteemed academic and industry partners. In a professional, top-tier academic setting, they conduct high-caliber clinical trials, meticulously managing their execution and analyzing the results for various purposes, including academic publication and submission to regulatory bodies like the FDA.
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Impact
October, 2024
Baim Institute For Clinical Research Inc significantly impacts the field of medical research by engaging in and facilitating scientific studies aimed at improving health and quality of life. With a focus on high-quality clinical trials, the Institute designs, coordinates, and manages these trials while performing detailed analyses of the results. This work supports academic pursuits and regulatory processes, including submissions to the FDA.
Collaborating with both academic and industry partners, Baim Institute fosters a professional and nurturing environment that enhances the quality and efficiency of clinical research. By driving innovation and providing critical insights into medical treatments, the Institute plays a vital role in the advancement of healthcare solutions, ultimately benefiting patients and the broader community.
This information is meant to be a general summary of Baim Institute For Clinical Research 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 2023.
- Investment Income: $276,702
- Program Service Revenue: $13,017,966
- Gross Receipts: $13,536,792
Assets and Liabilities:
- Total Assets: $20,688,470
- Total Liabilities: $5,408,961
- Net Assets: $15,279,509
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTS/CLIN. TRIALS
Revenue
$13,017,966
Organization Details
Founding Year
2000
Principal Officer
Agnew Meghan
Website
www.baiminstitute.orgNTEE Category
Code: H05 - Medical research
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