Overview
What is The Feinstein Institutes For Medical Research?
The Feinstein Institutes for Medical Research is a reputable research organization based in Westbury, New York, with an address at 972 Brush Hollow Rd, 5th FL. This institute, which is the research branch of Northwell Health, is dedicated to improving community health by discovering new advances in medicine through rigorous research. Boasting a workforce of 723 employees, the institute collaborates closely with Northwell Health's extensive network of hospitals, long-term care facilities, trauma centers, and outpatient facilities, providing access to hundreds of thousands of patients. The research conducted at the Feinstein Institutes spans various fields, including molecular biology, electron microscopy, nuclear physics, molecular genetics, molecular immunology, and pediatrics. Their mission is to bridge the gap between biomedical research and patient care, shedding light on fundamental biological processes underlying disease for the development of new therapies and diagnostics.
Official website here: www.northwell.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Feinstein Institutes For Medical Research has received a Four-Star rating from Charity Navigator, reflecting an impressive overall score of 96%. This rating is primarily based on accountability and finance, indicating a strong commitment to transparency and responsible financial practices. The organization has demonstrated high standards in areas such as board independence, financial oversight, and adherence to essential policies.
Strengths highlighted in the data include a fully independent board, robust financial statements, and a solid program expense ratio of 84.69%, signifying that a significant portion of their resources directly supports their mission. The institute has also implemented essential governance practices, including a conflict of interest policy and a whistleblower policy, which further enhance their accountability.
There are no noted limitations or concerns in the feedback, showcasing the nonprofit's strong standing in financial health and ethical governance. Overall, The Feinstein Institutes For Medical Research stands out as a highly reputable organization within the nonprofit sector, dedicated to advancing medical research with a responsible approach to its operations.
This AI summary has been generated from information found on Charity Navigator.
Is The Feinstein Institutes For Medical Research legitimate?
The Feinstein Institutes For Medical Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Feinstein Institutes For Medical Research 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: $2,903,290
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,242,187
For more financial information, click here
Official website here: www.northwell.edu
What is the mission statement of The Feinstein Institutes For Medical Research?
The Feinstein Institutes For Medical Research is dedicated to enhancing the health of the communities it serves. As the research branch of Northwell Health, it bridges the gap between biomedical research and patient care, gaining access to hundreds of thousands of patients through Northwell's extensive network of hospitals, long-term care facilities, trauma centers, home health agencies, and outpatient facilities. Institute scientists collaborate with clinicians to uncover fundamental biological processes underlying diseases, translating this knowledge into the development of new therapies and diagnostics.
Official website here: www.northwell.edu
Who is the CEO of The Feinstein Institutes For Medical Research?
Michael J Dowling is the Principal Officer of The Feinstein Institutes For Medical Research.
Official website here: www.northwell.edu
What is the revenue of The Feinstein Institutes For Medical Research?
The Feinstein Institutes For Medical Research's revenue in 2022 was $136,817,092.
Official website here: www.northwell.edu
Who are the executives of The Feinstein Institutes For Medical Research and what are their salaries?
The average compensation at The Feinstein Institutes For Medical Research during 2022 was $105,319. There are 723 employees at The Feinstein Institutes For Medical Research.
Here are 22 key members and their salaries:
- Compensation: $0
- Related: $5,200,818
- Other: $67,443
- Compensation: $0
- Related: $2,263,151
- Other: $47,850
- Compensation: $1,963,163
- Related: $0
- Other: $75,114
- Compensation: $0
- Related: $1,628,772
- Other: $75,114
- Compensation: $0
- Related: $1,581,808
- Other: $75,053
- Compensation: $0
- Related: $1,395,198
- Other: $59,925
- Compensation: $0
- Related: $1,222,834
- Other: $75,114
- Compensation: $0
- Related: $1,002,483
- Other: $75,052
- Compensation: $0
- Related: $1,006,335
- Other: $61,459
- Compensation: $0
- Related: $1,005,384
- Other: $61,418
- Compensation: $940,127
- Related: $0
- Other: $47,784
- Compensation: $673,041
- Related: $0
- Other: $75,052
- Compensation: $629,760
- Related: $0
- Other: $75,114
- Compensation: $597,557
- Related: $0
- Other: $75,052
- Compensation: $605,263
- Related: $0
- Other: $34,150
- Compensation: $587,152
- Related: $0
- Other: $47,805
- 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: $0
- Related: $0
- Other: $0
Official website here: www.northwell.edu
Where can I find the form 990 for The Feinstein Institutes For Medical Research?
The Feinstein Institutes For Medical Research's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northwell.edu
Learn more at the official website: www.northwell.edu
Mission Statement of The Feinstein Institutes For Medical Research
The Feinstein Institutes For Medical Research, the research branch of Northwell Health, is dedicated to improving the health of the communities it serves. This esteemed institution bridges the gap between biomedical research and patient care, with access to hundreds of thousands of patients in Northwell's extensive network of 15 hospitals, four long-term care facilities, three trauma centers, six home health agencies, and dozens of outpatient facilities.
The Feinstein Institutes' mission is to propel new advancements in medicine through rigorous research. Its scientists collaborate closely with clinicians across Northwell to unravel the fundamental biological processes underlying disease. This groundbreaking knowledge is then harnessed to develop innovative therapies and diagnostics. By integrating research and patient care, The Feinstein Institutes are able to translate scientific discoveries into tangible benefits for the patients and communities they serve.
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Impact
October, 2024
The Feinstein Institutes for Medical Research significantly impacts healthcare by advancing medical knowledge and improving patient outcomes through active and continuous scientific inquiry. Situated in Westbury, NY, it conducts innovative research in diverse areas such as molecular biology, immunology, and biostatistics, which are critical for understanding and treating various diseases.
By bridging the gap between biomedical research and patient care within the Northwell Health system—encompassing 15 hospitals, multiple long-term care facilities, and outpatient clinics—the Feinstein Institutes ensure that their research directly informs clinical practice. This integration allows for a unique collaboration between scientists and clinicians, enabling the development of new therapies and diagnostic tools grounded in real patient data and experiences.
The institute’s commitment to improving community health is demonstrated through its dedication to uncovering new medical advances that benefit a broad patient population. By leveraging insights from extensive clinical interactions, researchers can better understand the biological processes that underlie diseases, leading to innovative solutions that address pressing healthcare challenges. Overall, the Feinstein Institutes for Medical Research plays a vital role in shaping the future of medicine and enhancing health outcomes for the communities it serves.
This information is meant to be a general summary of The Feinstein Institutes For Medical Research. 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: $1,584,959
- Program Service Revenue: $12,945,133
- Gross Receipts: $150,689,982
Assets and Liabilities:
- Total Assets: $210,719,887
- Total Liabilities: $49,399,513
- Net Assets: $161,320,374
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$1,878,575
CYCLOTRON
Revenue
$3,031,296
BIOELECTRONIC RESEARCH REVENUE
Revenue
$8,035,262
Organization Details
Founding Year
1983
Phone
(516) 321-6058Principal Officer
Michael J Dowling
Main Address
972 BRUSH HOLLOW RD 5th FL, WESTBURY, NY, 11590
Website
www.northwell.eduNTEE Category
Code: H900 - Medical research
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