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The Multiple Myeloma Research Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061504413 ✦ Norwalk, CT ✦ Designated as a 501(c)(3)

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Overview

What is The Multiple Myeloma Research Foundation Inc?

The Multiple Myeloma Research Foundation Inc, a dedicated nonprofit organization, is committed to rapidly advancing the discovery and development of innovative treatments for multiple myeloma. Their relentless pursuit aims to extend patients' lives and ultimately find a cure for this condition. Based on the provided information, the organization does not seem to engage in any specific scheduled activities or missions beyond their primary mission.


Official website here: www.themmrf.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 99% (Four-Star out of Four Stars)

The Multiple Myeloma Research Foundation (MMRF) has received an impressive Four-Star rating from Charity Navigator, which reflects its outstanding commitment to accountability and financial health. With an accountability and finance score of 100 and a program expense ratio of 84.87%, MMRF demonstrates that the majority of its funding is directed toward research and patient education, ensuring that donated resources are effectively utilized.

User feedback highlights the organization's significant impact on the lives of those affected by multiple myeloma. Many reviewers express gratitude for the foundation's role in advancing research and treatment options, noting the personal connections fostered through community events like the Race for Research. The foundation's leadership, particularly the involvement of CEO Kathy Giusti, resonates strongly with patients and families, who appreciate the compassionate and knowledgeable approach taken by the staff.

While the organizational strengths are widely acknowledged, some feedback points to the need for ongoing efforts in leadership development and community engagement. Nevertheless, the overall sentiment among users is overwhelmingly positive, with many attributing their improved health outcomes and extended life to the groundbreaking work of the MMRF in pushing for innovative treatment solutions.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is The Multiple Myeloma Research Foundation Inc legitimate?

The Multiple Myeloma Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Multiple Myeloma Research 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: $3,961,065
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,211,096

For more financial information, click here


Official website here: www.themmrf.org

What is the mission statement of The Multiple Myeloma Research Foundation Inc?

The Multiple Myeloma Research Foundation Inc is dedicated to relentlessly pursuing innovative solutions that hasten the development of advanced treatments for multiple myeloma, ultimately extending the lives of patients and working towards a cure. Their mission is to leave no stone unturned in the quest for next-generation therapies to combat this condition. Through innovative means, they aim to make a significant impact on the lives of those affected by multiple myeloma. Their unwavering commitment to accelerating research in this area holds the promise of improved outcomes and hope for a future free from the disease.


Official website here: www.themmrf.org

Who is the CEO of The Multiple Myeloma Research Foundation Inc?

Michael Andreini is the President & Ceo of The Multiple Myeloma Research Foundation Inc. The CEO's salary of The Multiple Myeloma Research Foundation Inc is $494,070 and their total compensation is $517,478.


Official website here: www.themmrf.org

What is the revenue of The Multiple Myeloma Research Foundation Inc?

The Multiple Myeloma Research Foundation Inc's revenue in 2022 was $45,044,474.


Official website here: www.themmrf.org

Who are the executives of The Multiple Myeloma Research Foundation Inc and what are their salaries?

The average compensation at The Multiple Myeloma Research Foundation Inc during 2022 was $114,652. There are 80 employees and 459 volunteers at The Multiple Myeloma Research Foundation Inc.


Here are 32 key members and their salaries (The Multiple Myeloma Research Foundation Inc's CEO's salary is $494,070 and their total compensation is $517,478):


Kathy Giusti (Founder & Director)
  • Compensation: $736,667
  • Related: $0
  • Other: $200
Thomas Conheeney (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Mcdougall (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Anderson Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Andrews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Gilmore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lucchino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Tauber-Marcus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Marvin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Mckiernan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mortimer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Parkinson Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Pinizzotto Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Rosenkranz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Shak Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Andreini (President & Ceo)
  • Compensation: $494,070
  • Related: $0
  • Other: $23,408
Robert Miani (Treasurer & Cfo)
  • Compensation: $359,867
  • Related: $0
  • Other: $24,796
Karen Dietz (Secretary Cao & General Counsel)
  • Compensation: $271,181
  • Related: $0
  • Other: $22,980
Anne Quinn Young (Chief Mission Officer)
  • Compensation: $341,011
  • Related: $0
  • Other: $18,849
Peter Kosa (Mif Managing Director)
  • Compensation: $429,658
  • Related: $0
  • Other: $33,597
George Mulligan (Chief Scientific Officer)
  • Compensation: $233,560
  • Related: $0
  • Other: $25,816
Mindy Flinn (Vp Of Development)
  • Compensation: $227,153
  • Related: $0
  • Other: $27,593
Christopher Williams (Vp Of Alliance Management)
  • Compensation: $229,055
  • Related: $0
  • Other: $28,898
Hearn Cho (Chief Medical Officer)
  • Compensation: $208,833
  • Related: $0
  • Other: $8,353
Eva M Lepisto (Vp Of Informatics)
  • Compensation: $204,912
  • Related: $0
  • Other: $10,606
Greg Rubenstein (Vp Of Marketing)
  • Compensation: $212,086
  • Related: $0
  • Other: $29,910
Charles Volpe (Director, Pr & Communciations)
  • Compensation: $173,921
  • Related: $0
  • Other: $22,134
Todd Brooks (Sr Director, Development)
  • Compensation: $179,543
  • Related: $0
  • Other: $7,996
Heather Steiger (Director, Digital Marketing)
  • Compensation: $169,691
  • Related: $0
  • Other: $16,330
Joanne Puglia (Sr Director Finance, Controller)
  • Compensation: $185,860
  • Related: $0
  • Other: $10,136


Official website here: www.themmrf.org

Where can I find the form 990 for The Multiple Myeloma Research Foundation Inc?

The Multiple Myeloma Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.themmrf.org

Learn more at the official website: www.themmrf.org

Mission Statement of The Multiple Myeloma Research Foundation Inc

The Multiple Myeloma Research Foundation Inc, or MMRF, is a dedicated organization that is persistently working towards discovering innovative solutions to advance the development of next-generation treatments for multiple myeloma. Their ultimate goal is to extend the lives of patients and ultimately find a cure for this condition.

The MMRF is relentless in its pursuit of new approaches to combat multiple myeloma. By accelerating the research process, they aim to bring the most effective treatments to patients as soon as possible. Their mission is driven by a deep sense of urgency to make a difference in the lives of those affected by this disease.

The organization's efforts are focused on pushing the boundaries of scientific research and exploration. Through their innovative means, they aim to identify and address the underlying causes of multiple myeloma, as well as discover new targets for treatment. Their unwavering commitment to finding a cure is what sets the MMRF apart in the field of multiple myeloma research.

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Impact




August, 2024

The Multiple Myeloma Research Foundation Inc's impact is focused on relentlessly pursuing innovative means to accelerate the development of next-generation multiple myeloma treatments. Their goal is to extend the lives of patients and ultimately work towards finding a cure for this disease. Headquartered in Norwalk, CT, the foundation is dedicated to making tangible advancements in research and treatment options for individuals battling multiple myeloma. Their work plays a crucial role in improving outcomes and quality of life for those affected by this challenging illness.




This information is meant to be a general summary of The Multiple Myeloma Research 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.

Revenue
$45,044,474 (2022)
Expenses
$38,280,730 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $670,999
  • Program Service Revenue: $2,152,800
  • Gross Receipts: $138,076,621

Assets and Liabilities:

  • Total Assets: $89,097,661
  • Total Liabilities: $25,407,747
  • Net Assets: $63,689,914

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESEARCH & CLINICAL TRIALS

Revenue

$2,152,800

Organization Details

Founding Year

1998

Principal Officer

Michael Andreini

Main Address

383 MAIN AVE 5TH FL, NORWALK, CT, 06851

NTEE Category

Code: G50 - Disease

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