Overview
What is The Winifred Masterson Burke Medical Research Institute?
The Winifred Masterson Burke Medical Research Institute, also known as Burke Neurological Institute, is a research-focused nonprofit organization based in White Plains, New York. With a team of 91 dedicated employees, the institute's mission is to advance interventions for neurological diseases, including stroke, traumatic brain injury (TBI), spinal cord injury, Alzheimer's disease, and cerebral palsy. Through a combination of contemporary neuroscience approaches, such as pharmacological, biological, and robotic methods, Burke Neurological Institute aims to improve brain recovery and functionality. The institute's researchers are experts in neurological impairment repair and are committed to translating their findings into clinical treatments, ultimately helping people regain their ability to walk, talk, see, and remember. Ongoing clinical trials are a crucial part of their work, as they strive to reach their clinical goals and make a significant impact on chronic neurological disabilities.
Official website here: www.https: burke.weill.cornell.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Winifred Masterson Burke Medical Research Institute has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 69%. This rating reflects strong performance in accountability and finance, with a perfect score in that category. The organization demonstrates robust governance practices with a majority of independent board members and effective oversight mechanisms in place.
However, the institute faces challenges in its financial health, particularly highlighted by a concerning liabilities to assets ratio of 132.69%. Additionally, while the program expense ratio is at 60.49%, indicating that a significant portion of its funds is directed towards programs, the missing tax form on its website raises questions about transparency and accessibility of financial information to the public.
Overall, while the institute excels in governance and accountability, its financial vulnerabilities and the lack of certain publicly available documents may necessitate improvements to enhance trust and operational effectiveness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Winifred Masterson Burke Medical Research Institute legitimate?
The Winifred Masterson Burke Medical Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Winifred Masterson Burke 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: $968,974
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,657,576
For more financial information, click here
Official website here: www.https: burke.weill.cornell.edu
What is the mission statement of The Winifred Masterson Burke Medical Research Institute?
The Winifred Masterson Burke Medical Research Institute is a research institution committed to discovering cures for chronic neurological disabilities. Their research focus includes protecting from and repairing neurological diseases such as stroke, traumatic brain injury, spinal cord injury, Alzheimer's disease, and cerebral palsy. The institute aims to translate groundbreaking research into clinical treatments, offering hope for individuals to regain the ability to walk, talk, see, and remember again. By conducting research in neurological diseases, the Burke Neurological Institute strives to make a significant impact on people's lives, ultimately improving their quality of life.
Official website here: www.https: burke.weill.cornell.edu
Who is the CEO of The Winifred Masterson Burke Medical Research Institute?
Rajiv Ratan Md Phd is the Executive Director of The Winifred Masterson Burke Medical Research Institute.
Official website here: www.https: burke.weill.cornell.edu
What is the revenue of The Winifred Masterson Burke Medical Research Institute?
The Winifred Masterson Burke Medical Research Institute's revenue in 2022 was $14,526,927.
Official website here: www.https: burke.weill.cornell.edu
Who are the executives of The Winifred Masterson Burke Medical Research Institute and what are their salaries?
The average compensation at The Winifred Masterson Burke Medical Research Institute during 2022 was $72,819. There are 91 employees and 32 volunteers at The Winifred Masterson Burke Medical Research Institute.
Here are 23 key members and their salaries:
- Compensation: $582,065
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- Other: $58,500
- Compensation: $283,966
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- Other: $35,245
- Compensation: $251,572
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- Other: $42,964
- Compensation: $328,409
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- Other: $41,911
- Compensation: $251,080
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- Other: $42,866
- Compensation: $202,246
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- Other: $33,099
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- Compensation: $170,451
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- Other: $26,740
Official website here: www.https: burke.weill.cornell.edu
Where can I find the form 990 for The Winifred Masterson Burke Medical Research Institute?
The Winifred Masterson Burke Medical Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.https: burke.weill.cornell.edu
Learn more at the official website: www.https: burke.weill.cornell.edu
Mission Statement of The Winifred Masterson Burke Medical Research Institute
The Winifred Masterson Burke Medical Research Institute, a renowned research institution, is dedicated to making significant strides in the field of neurology. Its mission is centered around finding cures for chronic neurological disabilities by conducting groundbreaking research on the protection and repair of neurological diseases such as stroke, traumatic brain injury (TBI), spinal cord injury, Alzheimer's disease, and cerebral palsy.
In pursuit of this mission, The Burke Neurological Institute brings together brilliant minds and cutting-edge technology to explore innovative treatments and potential cures. By translating research findings into clinical applications, the Institute aims to repair the brain and spinal cord, helping people regain the ability to walk, talk, see, and remember again.
The Institute's commitment to this cause is unwavering, as it strives to make a real difference in the lives of those affected by neurological conditions. Its researchers work tirelessly to develop new therapies and treatments, always keeping the hope of a better future in mind. Through their efforts, The Winifred Masterson Burke Medical Research Institute provides a beacon of hope for those seeking relief from the debilitating effects of neurological diseases.
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Impact
October, 2024
The Winifred Masterson Burke Medical Research Institute significantly advances the field of neurology through its dedicated research on neurological diseases. By focusing on conditions like stroke, traumatic brain injury (TBI), spinal cord injury, Alzheimer's disease, and cerebral palsy, the institute seeks to develop innovative interventions aimed at brain protection and repair.
At the core of its mission is the aim to translate cutting-edge neuroscience into effective clinical treatments, enhancing recovery and functions for individuals affected by these conditions. The institute fosters collaboration among scientists exploring pharmacological, biological, and robotic methodologies, facilitating breakthroughs that contribute to the understanding and management of neurological impairments.
With ongoing clinical trials and a commitment to addressing chronic disabilities—often overlooked yet significantly impacting lives—the institute plays a vital role in bridging the gap between research and practical applications. Its work is not only about advancing scientific knowledge but is also focused on real-world outcomes, striving to help individuals regain essential functions such as walking, talking, seeing, and remembering. By tackling these critical challenges, the Burke Medical Research Institute is making a profound impact on both the scientific community and the lives of those affected by neurological disorders.
This information is meant to be a general summary of The Winifred Masterson Burke 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $603,360
- Gross Receipts: $14,526,927
Assets and Liabilities:
- Total Assets: $7,862,877
- Total Liabilities: $10,433,868
- Net Assets: -$2,570,991
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Lab Facilities Income
Revenue
$543,563
Education
Revenue
$59,797
Organization Details
Founding Year
1986
Phone
(914) 368-3135Principal Officer
Rajiv Ratan Md Phd
Main Address
785 Mamaroneck Avenue, White Plains, NY, 10605
NTEE Category
Code: H96Z - Medical research
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