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The Stanley Medical Research Institute

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

EIN: 061610506 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

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Overview

What is The Stanley Medical Research Institute?

The Stanley Medical Research Institute, located in Rockville, Maryland, is a nonprofit organization dedicated to investigating the causes of schizophrenia and bipolar disorder and developing improved pharmacological treatments for these conditions. They accomplish this by collecting and storing postmortem brain tissue, liver, spleen, serum, and cerebrospinal fluid from individuals with schizophrenia, bipolar disorder, major depression, and normal control subjects. These samples are made accessible to researchers worldwide, contributing to broader scientific understanding of these disorders. With a workforce of 11 employees, the Institute's efforts significantly contribute to advancing medical knowledge and potential treatments in neuropsychiatric fields.


Official website here: www.stanleyresearch.org

Is The Stanley Medical Research Institute legitimate?

The Stanley Medical Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Stanley Medical Research Institute 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: $328,169
Professional Fundraising Fees: $0
Other Salaries and Wages: $567,121

For more financial information, click here


Official website here: www.stanleyresearch.org

What is the mission statement of The Stanley Medical Research Institute?

The Stanley Medical Research Institute is dedicated to uncovering the causes of schizophrenia and bipolar disorder, and developing improved pharmacological treatments for these conditions. To achieve this, the institute maintains a Neuropathology Brain Tissue Repository and Neuropathology Laboratory. Here, postmortem brain tissue, along with other samples such as liver, spleen, serum, and cerebrospinal fluid, are stored and processed from individuals with schizophrenia, bipolar disorder, major depression, and normal control subjects. These samples are made available to scientists worldwide, contributing to ongoing research in the field. All data collected on these specimens is added to the institute's publicly accessible web-based interactive Neuropathology Database, allowing for further analysis and potential advancements in understanding these mental health disorders.


Official website here: www.stanleyresearch.org

What is the revenue of The Stanley Medical Research Institute?

The Stanley Medical Research Institute's revenue in 2023 was $4,628,611.


Official website here: www.stanleyresearch.org

Who are the executives of The Stanley Medical Research Institute and what are their salaries?

The average compensation at The Stanley Medical Research Institute during 2023 was $81,390. There are 11 employees and 5 volunteers at The Stanley Medical Research Institute.

Here are 8 key members and their salaries:


Maree J Webster See Sched L (Executive Director)
  • Compensation: $224,382
  • Related: $0
  • Other: $40,078
Robert Yolken See Sched O (Trustee)
  • Compensation: $36,000
  • Related: $0
  • Other: $0
E Fuller Torrey See Sched O (Associate Director For Rea)
  • Compensation: $24,660
  • Related: $0
  • Other: $3,049
Steven Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Torrey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Stanley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Knable See Sched L (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sanghyeon Kim (Assoc. Dir. Of Database Mg)
  • Compensation: $110,127
  • Related: $0
  • Other: $49,679


Official website here: www.stanleyresearch.org

Where can I find the form 990 for The Stanley Medical Research Institute?

The Stanley Medical Research Institute's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.stanleyresearch.org

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

Mission Statement of The Stanley Medical Research Institute

The Stanley Medical Research Institute, a renowned organization, is dedicated to uncovering the underlying causes and developing improved pharmacological treatments for both schizophrenia and bipolar disorder. To achieve this mission, the institute operates a brain tissue repository and a neuropathology laboratory. This facility stores and processes postmortem brain tissue, liver, spleen, serum, and cerebrospinal fluid from individuals diagnosed with schizophrenia, bipolar disorder, major depression, as well as from normal control subjects. These valuable samples are made available to scientists worldwide, fostering collaboration and advancements in the field. All research data collected on these specimens is meticulously recorded and added to the institute's publicly available web-based interactive neuropathology database. This database serves as a valuable resource for further analysis and understanding of these mental health conditions.

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Impact




October, 2024

The Stanley Medical Research Institute (SMRI) plays a critical role in advancing our understanding of severe mental illnesses such as schizophrenia, bipolar disorder, and major depression. By maintaining a comprehensive brain tissue repository and neuropathology laboratory, SMRI stores and processes postmortem brain tissue, as well as other biological samples like liver, spleen, serum, and cerebrospinal fluid (CSF) from individuals affected by these disorders, as well as from control subjects.

This wealth of biological material is made available to scientists worldwide, promoting collaborative research that seeks to uncover the underlying causes of these conditions. The institute prioritizes transparency and knowledge dissemination by returning all research data collected on the specimens to a publicly accessible, web-based interactive neuropathology database. This platform enables investigators to conduct further analysis and fosters an environment of shared scientific inquiry.

By focusing on identifying the causes of these mental health conditions and enhancing pharmacological treatments, SMRI plays a pivotal role in generating new insights that can lead to more effective interventions, ultimately aiming to improve the quality of life for those affected by severe mental illnesses.




This information is meant to be a general summary of The Stanley Medical Research Institute. 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
$4,628,611 (2023)
Expenses
$6,605,151 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,634,512
  • Gross Receipts: $7,403,982

Assets and Liabilities:

  • Total Assets: $78,471,572
  • Total Liabilities: $249,947
  • Net Assets: $78,221,625

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Organization Details

Founding Year

2001

Principal Officer

Maree J Webster

NTEE Category

Code: H48 - Medical research

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