Overview
What is Baruch S Blumberg Institute?
The Baruch S Blumberg Institute, situated in Doylestown, Pennsylvania, is a distinguished research organization dedicated to uncovering and supporting the discovery of therapeutics, diagnostics, and the understanding of the pathogenesis of various diseases, with a significant focus on viral hepatitis and related conditions. Their mission involves utilizing discovery science to find new treatments for viral hepatitis and liver cancer, advancing their research discoveries through scholarly pursuits and educational opportunities, fostering biotechnology, and promoting public health outreach programs to enhance the quality of life for those affected by viral hepatitis. With a team of 48 dedicated professionals, the Institute works tirelessly towards its objectives.
Official website here: www.blumberginstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
The Baruch S Blumberg Institute has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 94%, the organization demonstrates strong management practices, including a majority of independent board members and a thorough audit and oversight committee. Their financial statements are transparent, reflecting no material diversion of assets.
Strengths include a robust program expense ratio of 68.47%, which signifies that a significant portion of their funds is directed towards their mission-related activities. The institute has also established comprehensive policies, including conflict of interest and whistleblower protections, ensuring ethical governance. The presence of documented board meeting minutes suggests a commitment to transparency and good governance.
While the organization displays notable strengths, continuous monitoring and improvement of financial practices remain crucial to sustain its high rating. Overall, the Baruch S Blumberg Institute is positioned as a responsible and impactful nonprofit, effectively utilizing its resources for its charitable objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Baruch S Blumberg Institute legitimate?
Baruch S Blumberg Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baruch S Blumberg 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: $492,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,490,103
For more financial information, click here
Official website here: www.blumberginstitute.org
What is the mission statement of Baruch S Blumberg Institute?
The Baruch S. Blumberg Institute's mission is centered around utilizing discovery science to develop new therapies for viral hepatitis and liver cancer. It aims to further its research breakthroughs through conventional scholarly work and educational opportunities. The institute also focuses on nurturing biotechnology and promoting public health outreach programs to enhance the quality of life for individuals affected by viral hepatitis.
Official website here: www.blumberginstitute.org
Who is the CEO of Baruch S Blumberg Institute?
Louis P Kassa Iii is the President (Thru 6/30/22) of Baruch S Blumberg Institute. The CEO's salary of Baruch S Blumberg Institute is $212,900 and their total compensation is $239,146.
Official website here: www.blumberginstitute.org
What is the revenue of Baruch S Blumberg Institute?
Baruch S Blumberg Institute's revenue in 2022 was $8,126,046.
Official website here: www.blumberginstitute.org
Who are the executives of Baruch S Blumberg Institute and what are their salaries?
The average compensation at Baruch S Blumberg Institute during 2022 was $82,962. There are 48 employees and 5 volunteers at Baruch S Blumberg Institute.
Here are 12 key members and their salaries (Baruch S Blumberg Institute's CEO's salary is $212,900 and their total compensation is $239,146):
- Compensation: $213,239
- Related: $0
- Other: $20,971
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $212,900
- Related: $0
- Other: $26,246
- Compensation: $232,874
- Related: $0
- Other: $28,350
- Compensation: $217,327
- Related: $0
- Other: $26,765
- Compensation: $195,922
- Related: $0
- Other: $22,094
- Compensation: $135,276
- Related: $0
- Other: $24,862
- Compensation: $117,723
- Related: $0
- Other: $23,867
Official website here: www.blumberginstitute.org
Where can I find the form 990 for Baruch S Blumberg Institute?
Baruch S Blumberg Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blumberginstitute.org
Learn more at the official website: www.blumberginstitute.org
Mission Statement of Baruch S Blumberg Institute
The Baruch S Blumberg Institute, named after the Nobel laureate who discovered the hepatitis B virus, is committed to utilizing discovery science to find innovative therapies for viral hepatitis and liver cancer. Beyond this, the institution aims to advance its research findings through scholarly work and educational opportunities. Moreover, the Baruch S Blumberg Institute supports the growth of biotechnology and promotes public health outreach programs to enhance the quality of life for individuals affected by viral hepatitis.
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Impact
July, 2024
The Baruch S. Blumberg Institute is making a significant impact in the field of medical research, particularly in the areas of viral hepatitis and liver cancer. Through their commitment to using discovery science, the institute is dedicated to finding new therapies for these diseases. Their research initiatives focus on discovering therapeutics, diagnostics, and the pathogenesis of medically important diseases, with a specific emphasis on viral hepatitis and related conditions.
By advancing research discoveries through traditional scholarship and educational opportunities, the institute is contributing to the advancement of medical knowledge and practices in these critical areas. Furthermore, the institute's efforts to nurture biotechnology and promote public health outreach programs are helping to improve the quality of life for individuals affected by viral hepatitis and liver cancer.
Overall, the Baruch S. Blumberg Institute's impact is felt through their innovative research endeavors, educational initiatives, and commitment to making a difference in the field of medical research, particularly in the realm of viral hepatitis and liver cancer.
This information is meant to be a general summary of Baruch S Blumberg 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $33,799
- Program Service Revenue: $467,468
- Gross Receipts: $8,221,313
Assets and Liabilities:
- Total Assets: $7,307,209
- Total Liabilities: $3,286,129
- Net Assets: $4,021,080
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIFE SCIENCES GRADUATE
Revenue
$370,168
OTHER ACADEMIC
Revenue
$89,200
RESEARCH CONTRACTS
Revenue
$8,100
Organization Details
Founding Year
2002
Phone
(215) 489-4900Principal Officer
Louis P Kassa Iii
Main Address
3805 OLD EASTON ROAD, DOYLESTOWN, PA, 18902
Website
www.blumberginstitute.orgNTEE Category
Code: H400 - Medical research
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