Overview
What is The Bronx Veterans Medical Research Foundation Inc?
The Bronx Veterans Medical Research Foundation Inc is a nonprofit organization situated in Bronx, New York. Their primary focus is on conducting research and education activities to improve the quality of care and health for veterans. Their initiatives span across various fields, including biomedical research, health services, rehabilitation engineering, mental health, and geriatric research. Their research activities are primarily funded through federal programs, pass-through entities, and participating pharmaceutical companies. The foundation is committed to serving veterans with the same loyalty, honesty, and integrity they displayed while serving the nation. With a staff of 64 individuals, they strive to make significant strides in veterans' healthcare.
Official website here: www.bvmrf.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.
The Bronx Veterans Medical Research Foundation Inc has received a solid Three-Star rating from Charity Navigator, primarily reflecting its strong performance in Accountability & Finance. With an overall score of 87%, the organization shows a firm commitment to transparency and responsible financial management, as evidenced by perfect scores in various operational policies and practices.
The foundation demonstrates effective resource allocation with a remarkable Program Expense Ratio of 84.58%, indicating that a significant majority of its funds are directed toward its programs rather than administrative costs. Additionally, the organization's sound financial practices are highlighted by a low Liabilities to Assets Ratio of 5.64%, which suggests prudent fiscal management and sustainability.
While the organization shows strengths in financial accountability, continued efforts in enhancing public engagement and outreach could bolster its community presence and support. Overall, the Bronx Veterans Medical Research Foundation Inc is positioned well in terms of financial health, but there may be opportunities to improve its visibility and impact within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is The Bronx Veterans Medical Research Foundation Inc legitimate?
The Bronx Veterans Medical Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bronx Veterans Medical Research Foundation Inc 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: $210,987
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,896,344
For more financial information, click here
Official website here: www.bvmrf.org
What is the mission statement of The Bronx Veterans Medical Research Foundation Inc?
The Bronx Veterans Medical Research Foundation Inc's mission is centered around advancing research and educational activities. Their primary objective is to enhance the quality of care and health for veterans. The foundation demonstrates the same loyalty, honesty, and integrity that veterans have shown in their service to the country. Through their activities, they strive to contribute to biomedical, health services, rehabilitation engineering, mental health, and geriatric research endeavors, aiming to improve the well-being of veterans. Their efforts are primarily funded through federal programs, pass-through entities, and participating pharmaceutical companies.
Official website here: www.bvmrf.org
Who is the CEO of The Bronx Veterans Medical Research Foundation Inc?
Johane Simelane Mph Ms is the Chairman of The Bronx Veterans Medical Research Foundation Inc.
Official website here: www.bvmrf.org
What is the revenue of The Bronx Veterans Medical Research Foundation Inc?
The Bronx Veterans Medical Research Foundation Inc's revenue in 2022 was $4,590,701.
Official website here: www.bvmrf.org
Who are the executives of The Bronx Veterans Medical Research Foundation Inc and what are their salaries?
The average compensation at The Bronx Veterans Medical Research Foundation Inc during 2022 was $48,552. There are 64 employees and 3 volunteers at The Bronx Veterans Medical Research Foundation Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $375,000
- Other: $0
- Compensation: $0
- Related: $309,189
- Other: $0
- Compensation: $0
- Related: $307,742
- Other: $0
- Compensation: $0
- Related: $266,470
- Other: $0
- Compensation: $0
- Related: $254,443
- Other: $0
- Compensation: $0
- Related: $234,885
- Other: $0
- Compensation: $0
- Related: $186,649
- Other: $0
- Compensation: $0
- Related: $176,300
- Other: $0
- Compensation: $146,045
- Related: $0
- Other: $0
- Compensation: $64,942
- 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.bvmrf.org
Where can I find the form 990 for The Bronx Veterans Medical Research Foundation Inc?
The Bronx Veterans Medical Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bvmrf.org
Learn more at the official website: www.bvmrf.org
Mission Statement of The Bronx Veterans Medical Research Foundation Inc
The Bronx Veterans Medical Research Foundation Inc is dedicated to enhancing the quality of care and health for veterans. They strive to serve these brave individuals with the same loyalty, honesty, and integrity that they displayed while serving their country. The foundation advances research and education activities to achieve this mission, focusing on biomedical, health services, rehabilitation engineering, mental health, and geriatric research endeavors. Their research activities are primarily funded through federal programs, pass-through entities, and participating pharmaceutical companies. The work conducted by The Bronx Veterans Medical Research Foundation Inc is aimed at improving the lives of veterans by generating new knowledge and innovative approaches in these key areas.
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Impact
October, 2024
The Bronx Veterans Medical Research Foundation Inc significantly impacts the health and well-being of veterans through its dedicated research and education programs. By advancing biomedical, health services, rehabilitation engineering, mental health, and geriatric research, the foundation strives to enhance the quality of care provided to veterans.
In 2022, its research activities were supported by federal funding and collaboration with pharmaceutical companies, enabling the completion of various studies and the initiation of ongoing projects aimed at addressing the unique health challenges faced by veterans. The commitment to serve veterans with loyalty, honesty, and integrity mirrors the values they exhibited during their service. This foundation plays an essential role in improving health outcomes for those who have served, ultimately fostering a better quality of life for veterans in the Bronx and beyond.
This information is meant to be a general summary of The Bronx Veterans Medical Research Foundation Inc. 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: $5,012
- Gross Receipts: $4,590,701
Assets and Liabilities:
- Total Assets: $7,921,801
- Total Liabilities: $534,071
- Net Assets: $7,387,730
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Organization Details
Founding Year
1992
Phone
(718) 741-4442Principal Officer
Johane Simelane Mph Ms
Main Address
130 WEST KINGSBRIDGE ROAD, BRONX, NY, 10468
Website
www.bvmrf.orgNTEE Category
Code: H90 - Medical research
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