The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res)

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

EIN: 112785757 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res)?

The Sass-Arena Foundation for Medical Research Inc., formerly known as Sass Foundation for Medical Research, is a modest nonprofit organization situated in New York City, specifically at 55 W46th Street 28-FLR. Its primary mission is to foster a deeper understanding of cancer and related life-threatening diseases. To achieve this goal, the foundation sponsors fellowships, grants, and research initiatives aimed at combating these diseases. Furthermore, the organization aims to educate medical professionals and the general public about the available therapies and treatments for these diseases. With a team of just two dedicated individuals, the foundation is committed to making significant strides in medical research and improving the lives of those affected by these diseases.


Official website here: www.sassfoundation.org

Is The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res) legitimate?

The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res) is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res) 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,729

For more financial information, click here


Official website here: www.sassfoundation.org

What is the mission statement of The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res)?

The Sass-Arena Foundation for Medical Research Inc., formerly known as Sass Foundation for Medical Research, is dedicated to advancing our understanding of cancer and related life-threatening diseases. The organization aims to educate both physicians and the general public about the available therapies and treatments. Additionally, the foundation funds research aimed at combating these diseases. They accomplish this by sponsoring fellowships and providing grants for cancer and related disease research.


Official website here: www.sassfoundation.org

Who is the CEO of The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res)?

Martin D Sass is the President & Co-Founder of The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res).


Official website here: www.sassfoundation.org

What is the revenue of The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res)?

The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res)'s revenue in 2022 was $351,547.


Official website here: www.sassfoundation.org

Who are the executives of The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res) and what are their salaries?

The average compensation at The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res) during 2022 was $51,364. There are 2 employees at The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res).


Here are 4 key members and their salaries:


Francis P Arena (President & Co-Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin D Sass (Chairman & Co-Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara R Sass (Chairwoman, Co-Founder, Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Lerner (Executive Director)
  • Compensation: $78,885
  • Related: $0
  • Other: $0


Official website here: www.sassfoundation.org

Where can I find the form 990 for The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res)?

The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res)'s most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sassfoundation.org

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

Mission Statement of The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res)

The Sass-Arena Foundation for Medical Research, formerly known as Sass Fdn for Med Res, is dedicated to advancing our understanding of cancer and other life-threatening diseases. Its mission is threefold: firstly, it aims to educate medical professionals and the general public about the available therapies and treatments for these diseases. Secondly, the foundation sets out to fund research initiatives that are focused on combating these diseases. By sponsoring fellowships and providing grants, the Sass-Arena Foundation contributes to the scientific community's efforts to develop more effective treatments and potentially find cures for cancer and related illnesses.

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Impact




October, 2024

The Sass-Arena Foundation for Medical Research Inc. significantly impacts the understanding and treatment of cancer and related life-threatening diseases. By sponsoring fellowships and providing grants, the foundation supports essential research that advances medical knowledge and clinical practices.

Through its efforts, the foundation promotes a better understanding of these diseases among both healthcare professionals and the public, fostering education about various therapies and treatments. This dual approach not only aids in the dissemination of critical information but also encourages innovative research aimed at combating cancer and related illnesses, ultimately contributing to improved patient outcomes and survival rates. The foundation's work in New York serves as a vital catalyst for progress in the medical community, addressing some of the most pressing challenges in healthcare today.




This information is meant to be a general summary of The Sass-Arena Foundation For Medical Research Inc(Fka Sass Fdn For Med Res). 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
$351,547 (2022)
Expenses
$232,944 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $28,748
  • Gross Receipts: $594,118

Assets and Liabilities:

  • Total Assets: $389,812
  • Total Liabilities: $60,511
  • Net Assets: $329,301

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Organization Details

Founding Year

1985

Principal Officer

Martin D Sass

Main Address

55 W46TH STREET 28-FLR, NEW YORK, NY, 10036

NTEE Category

Code: H30 - Medical research

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