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The Aaron Diamond Aids Research Center For The City Of New York

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

EIN: 133540234 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Aaron Diamond Aids Research Center For The City Of New York?

The Aaron Diamond Aids Research Center for the City of New York is a distinguished research institution located in New York, dedicated to combating the AIDS epidemic. They achieve this objective by engaging in fundamental discovery research, pioneering the development of innovative therapies and vaccines, and operating a specialized viral containment laboratory where the HIV virus can be cultivated. This lab facilitates groundbreaking biomedical research. As a leading private HIV/AIDS research center globally, the center plays a significant role in the global fight against AIDS.


Official website here: www.adarc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

The Aaron Diamond Aids Research Center has achieved a high rating of 90%, reflecting strong performance in accountability and finance. With a majority of independent board members and robust policies in place, the organization demonstrates a commitment to transparency and ethical governance. The absence of material asset diversion and a perfect score in liability management further highlight its financial stability.

Strengths include a well-structured board with adequate independent oversight, and a strong program expense ratio, indicating that a significant portion of its funding is directed towards its programs. The organization also adheres to best practices in conflict of interest and whistleblower policies, ensuring responsible management and operation.

However, while the program expense ratio is commendable at 64.31%, there could be room for improvement to increase the percentage further, which might enhance its overall impact. Overall, the Aaron Diamond Aids Research Center is a reliable nonprofit with strong financial health and governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is The Aaron Diamond Aids Research Center For The City Of New York legitimate?

The Aaron Diamond Aids Research Center For The City Of New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Aaron Diamond Aids Research Center For The City Of New York 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: $0

For more financial information, click here


Official website here: www.adarc.org

What is the mission statement of The Aaron Diamond Aids Research Center For The City Of New York?

The Aaron Diamond AIDS Research Center is dedicated to combating the AIDS epidemic through rigorous research. Their mission involves conducting fundamental discoveries, developing innovative treatments and vaccines, and operating a specialized lab where the HIV virus can be studied for further biomedical research. The center's primary goal is to find solutions to end the AIDS crisis.


Official website here: www.adarc.org

Who is the CEO of The Aaron Diamond Aids Research Center For The City Of New York?

Dr David Ho is the Principal Officer of The Aaron Diamond Aids Research Center For The City Of New York. The CEO's salary of The Aaron Diamond Aids Research Center For The City Of New York is $0 and their total compensation is $0.


Official website here: www.adarc.org

What is the revenue of The Aaron Diamond Aids Research Center For The City Of New York?

The Aaron Diamond Aids Research Center For The City Of New York's revenue in 2022 was $44,427.


Official website here: www.adarc.org

Who are the executives of The Aaron Diamond Aids Research Center For The City Of New York and what are their salaries?


Here are 7 key members and their salaries (The Aaron Diamond Aids Research Center For The City Of New York's CEO's salary is $0 and their total compensation is $0):


Dr David D Ho (Chief Executive Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Friedland Md (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Savio Tung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
May-Kin Ho Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David S Perlin Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Sozomenu (Chief Operating Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin O'Rourke (Cfo/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.adarc.org

Where can I find the form 990 for The Aaron Diamond Aids Research Center For The City Of New York?

The Aaron Diamond Aids Research Center For The City Of New York's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.adarc.org

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

Mission Statement of The Aaron Diamond Aids Research Center For The City Of New York

The Aaron Diamond AIDS Research Center, a leading institution in the field, is dedicated to eradicating the AIDS epidemic through rigorous research. Its mission encompasses conducting fundamental discovery research, pioneering the development of innovative therapies and vaccines, and housing a specialized viral containment laboratory where the HIV virus can be cultivated for biomedical studies. By engaging in these activities, the center aims to contribute significantly to the global efforts to put an end to the AIDS crisis.

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Impact




August, 2024

The Aaron Diamond Aids Research Center for the City of New York is the world's largest private HIV/AIDS research center. Its impact is significant in the fight against the AIDS epidemic as it is dedicated to conducting basic discovery research, developing novel therapies, vaccines, and providing a specialized viral containment laboratory. The research conducted at ADARC contributes to finding solutions to end the AIDS epidemic and advances the field of medical research. This center plays a crucial role in the global efforts to combat HIV/AIDS and improve public health outcomes.




This information is meant to be a general summary of The Aaron Diamond Aids Research Center For The City Of New York. 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
$44,427 (2022)
Expenses
$126,467 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$11,027
  • Gross Receipts: $146,698

Assets and Liabilities:

  • Total Assets: $3,617,368
  • Total Liabilities: $0
  • Net Assets: $3,617,368

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Organization Details

Founding Year

1988

Principal Officer

Dr David Ho

Main Address

701 WEST 168TH STREET 11TH FLOOR, NEW YORK, NY, 10032

NTEE Category

Code: H810 - Medical research

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