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Masonic Medical Research Laboratory

Masonic Medical Research Institute

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

EIN: 135648611 ✦ Utica, NY ✦ Designated as a 501(c)(3)

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Overview

What is Masonic Medical Research Laboratory?

Masonic Medical Research Laboratory, operating under the name Masonic Medical Research Institute (MMRI), is a renowned medical research center situated in Utica, New York. Known for its significant achievements in experimental cardiology, the organization focuses on various cardiovascular diseases, such as ischemic heart disease, cardiac arrhythmias, and sudden cardiac death. MMRI is a leading center for genetic screening of cardiac diseases and is actively involved in the development of innovative and effective pharmacological treatments for atrial fibrillation. Moreover, the Stem Cell Center is dedicated to regenerative medicine and the creation of human models of disease. This not-for-profit institute is committed to improving health and quality of life for all, conducting high-quality research to generate knowledge and develop medical cures and treatments for the future. It also provides education and training to scientists, researchers, and students to continue the fight against diseases.


Official website here: www.mmri.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 99% (Four-Star out of Four Stars)

The Masonic Medical Research Laboratory has achieved an impressive 99% score on Charity Navigator, reflecting its strong accountability and financial management. The organization has received a perfect score in several critical areas, including independent board membership and audit oversight, demonstrating a robust commitment to transparency and ethical governance.

The lab's financial health is noteworthy, with a program expense ratio of 68.90%, indicating that a significant portion of its expenditures goes directly towards its research initiatives. Additionally, the absence of material diversions of assets and the establishment of policies such as whistleblower and conflict of interest guidelines further strengthen the trustworthiness of the organization.

However, while the overall financial accountability is commendable, the summary does not address potential programmatic impacts or community engagement aspects. This might leave some stakeholders curious about the effectiveness of the laboratory's research outcomes and how they translate into public benefit.


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

Is Masonic Medical Research Laboratory legitimate?

Masonic Medical Research Laboratory is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonic Medical Research Laboratory 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: $786,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,126,578

For more financial information, click here


Official website here: www.mmri.edu

What is the mission statement of Masonic Medical Research Laboratory?

The Masonic Medical Research Laboratory, operating under the name Masonic Medical Research Institute, is a non-profit organization dedicated to enhancing health and improving the quality of life for everyone. Its primary mission involves conducting high-quality fundamental and clinical research, with the aim of generating knowledge and information essential for developing medical cures and treatments of the future. Additionally, the institute is committed to providing education and training to basic scientists, clinical researchers, and students, fostering the continuation of the fight against diseases.


Official website here: www.mmri.edu

Who is the CEO of Masonic Medical Research Laboratory?

Maria Kontaridis is the Chairman of Masonic Medical Research Laboratory.


Official website here: www.mmri.edu

What is the revenue of Masonic Medical Research Laboratory?

Masonic Medical Research Laboratory's revenue in 2022 was $4,154,431.


Official website here: www.mmri.edu

Who are the executives of Masonic Medical Research Laboratory and what are their salaries?

The average compensation at Masonic Medical Research Laboratory during 2022 was $53,597. There are 73 employees and 15 volunteers at Masonic Medical Research Laboratory.


Here are 21 key members and their salaries:


David F Schneeweiss (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Hewson Dpm (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pasquale Imbimbo Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James D Swan Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Cunzio Cpa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvaro F Quiroga (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Chaplin Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David D Goodwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter R Gray Md Phd Facc (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul A Guerrero Cmr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard J Miller Jr Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul E Mossberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virgilio S Quijano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheldon B Richman Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank R Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Kontaridis Phd (Executive Director)
  • Compensation: $581,765
  • Related: $0
  • Other: $72,827
Stephen Izzo (Major Gifts Officer)
  • Compensation: $143,846
  • Related: $0
  • Other: $35,403
Jason Mccarthy (Research Scientist)
  • Compensation: $172,308
  • Related: $0
  • Other: $38,377
Nate Tucker (Research Scientist)
  • Compensation: $136,340
  • Related: $0
  • Other: $33,435
Zhiqiang Lin (Research Scientist)
  • Compensation: $130,000
  • Related: $0
  • Other: $33,435
Varun Balaji (It Director)
  • Compensation: $103,182
  • Related: $0
  • Other: $27,171


Official website here: www.mmri.edu

Where can I find the form 990 for Masonic Medical Research Laboratory?

Masonic Medical Research Laboratory's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mmri.edu

Learn more at the official website: www.mmri.edu

Mission Statement of Masonic Medical Research Laboratory

Masonic Medical Research Laboratory, operating under the name Masonic Medical Research Institute, is a not-for-profit organization committed to enhancing health and improving the quality of life for all individuals. Their primary mission is to conduct rigorous basic and clinical research, with the ultimate goal of generating knowledge and information essential for the development of future medical cures and treatments. The institute is also dedicated to providing education and training to aspiring basic scientists, clinical researchers, and students, ensuring that the fight against diseases continues and advances in the future.

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Impact




October, 2024

The Masonic Medical Research Laboratory (MMRI) significantly impacts the field of medical research, particularly in experimental cardiology. Recognized globally for its scientific advancements, MMRI focuses on critical areas such as ischemic heart disease, cardiac arrhythmias, cardiovascular disease, and sudden cardiac death.

As a leading center for genetic screening of cardiac diseases, the institution plays a crucial role in identifying hereditary conditions that can lead to severe health outcomes. Moreover, MMRI is at the forefront of developing innovative pharmacologic treatments for atrial fibrillation, a common but complex heart rhythm disorder.

The Stem Cell Center at MMRI further enhances its impact by pioneering research in regenerative medicine and creating human disease models, which are vital for understanding and treating various health issues. The institute's findings contribute to the global body of medical knowledge, with research published in prestigious medical journals, thereby influencing clinical practices and guiding future innovations in healthcare.

In addition to its research endeavors, MMRI is dedicated to education and training. By cultivating the next generation of basic scientists, clinical researchers, and students, the laboratory ensures the ongoing fight against diseases continues, thereby improving health outcomes and quality of life for individuals worldwide.




This information is meant to be a general summary of Masonic Medical Research Laboratory. 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
$4,154,431 (2022)
Expenses
$9,376,509 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,111,480
  • Gross Receipts: $19,887,659

Assets and Liabilities:

  • Total Assets: $51,788,536
  • Total Liabilities: $12,535,119
  • Net Assets: $39,253,417

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Organization Details

Founding Year

1947

Principal Officer

Maria Kontaridis

Main Address

2150 BLEECKER STREET, UTICA, NY, 13501

NTEE Category

Code: H920 - Medical research

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