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Va Connecticut Research And Education Foundation (Vacref)

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

EIN: 202206467 ✦ Orange, CT ✦ Designated as a 501(c)(3)

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Overview

What is Va Connecticut Research And Education Foundation (Vacref)?

Va Connecticut Research And Education Foundation, abbreviated as Vacref, is a nonprofit organization situated in West Haven, Connecticut. With a team of 10 individuals, Vacref collaborates with the VA Connecticut Healthcare System (VACHS), a federal hospital, to facilitate research and educational programs. This partnership is part of the VA New England Healthcare System within the Veterans Health Administration. Vacref's primary focus is on the COPES (Cooperative Pain Education and Self-Management) project, which provides training, treatment, and pain intervention for veterans dealing with recurrent and persistent pain. The organization's mission is to advance knowledge and improve healthcare for veterans by supporting research and education initiatives.

What are the reviews and ratings of this charity?

Charity Navigator Rating 94% - Four-Star out of Four Star rating

The Va Connecticut Research And Education Foundation (Vacref) has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high rating indicates a strong commitment to transparency and responsible management of resources, which is crucial for maintaining donor trust and ensuring the effective use of funds.

The organization has demonstrated excellence in several areas, including having a fully independent board and a well-structured audit and oversight committee. Additionally, it has no reported material diversion of assets, a comprehensive conflict of interest policy, and a whistleblower policy, showcasing its dedication to ethical governance. Notably, the foundation allocates a significant portion of its budget, 82.41%, directly to program expenses, underscoring its focus on mission-driven activities.

While the foundation has received high marks across the board, it is essential for potential donors to consider the overall context of the charity's work and the specific impacts of its programs. However, the current financial indicators and governance practices suggest that Vacref is a reliable and responsible organization dedicated to its mission.


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

Is Va Connecticut Research And Education Foundation (Vacref) legitimate?

Va Connecticut Research And Education Foundation (Vacref) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Va Connecticut Research And Education Foundation (Vacref) 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: $175,799
Professional Fundraising Fees: $0
Other Salaries and Wages: $204,322

For more financial information, click here

What is the mission statement of Va Connecticut Research And Education Foundation (Vacref)?

The Va Connecticut Research and Education Foundation, abbreviated as Vacref, is committed to facilitating research and educational programs in conjunction with the VA Connecticut Healthcare System (VACHS). This system is a federal hospital that operates as a division of the VA New England Healthcare System within the Veterans Health Administration. Vacref's primary mission is to support and enhance these initiatives, aiming to contribute to the overall well-being and health of the veterans under their care.

One of the key projects undertaken by Vacref is the Cooperative Pain Education and Self-Management Project (COPES). This project provides training, treatment, and pain intervention for veterans dealing with recurrent and persistent pain. The goal is to help veterans manage their pain more effectively and improve their quality of life.

What is the revenue of Va Connecticut Research And Education Foundation (Vacref)?

Va Connecticut Research And Education Foundation (Vacref)'s revenue in 2023 was $2,078,961.

Who are the executives of Va Connecticut Research And Education Foundation (Vacref) and what are their salaries?

The average compensation at Va Connecticut Research And Education Foundation (Vacref) during 2023 was $31,677. There are 12 employees at Va Connecticut Research And Education Foundation (Vacref).

Here are 9 key members and their salaries:


Fred Wright (President)
  • Compensation: $0
  • Related: $255,935
  • Other: $0
Mehmet Sofuoglu (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Rhoads (Statutory Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Bastian (Statutory Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnie Rosenthal (Statutory Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seonaid Hay (Statutory Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Huned Patwa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Rauschenberg (Executive Director (10/2022 - 6/2023))
  • Compensation: $141,594
  • Related: $0
  • Other: $41,484
Joseph Cardone (Executive Director (6/2023 - 9/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Va Connecticut Research And Education Foundation (Vacref)?

Va Connecticut Research And Education Foundation (Vacref)'s most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Va Connecticut Research And Education Foundation (Vacref)

Va Connecticut Research and Education Foundation (Vacref) is committed to facilitating research and educational programs in conjunction with the VA Connecticut Healthcare System (VACHS). This federal hospital operates as a division of the VA New England Healthcare System within the Veterans Health Administration. Vacref's mission is to support and enhance the research and educational initiatives of VACHS, contributing to the overall improvement and advancement of healthcare for veterans.

To accomplish this mission, Vacref focuses on providing training, treatment, and pain intervention through the Cooperative Pain Education and Self-Management Project (COPES). This project aims to assist veterans who are dealing with recurrent and persistent pain. By offering comprehensive support and education, Vacref aims to empower veterans to manage their pain more effectively, ultimately improving their quality of life. The foundation's work in facilitating research and education aligns with its mission, contributing to the overall well-being and healthcare of veterans.

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Impact




October, 2024

Va Connecticut Research And Education Foundation (Vacref) plays a pivotal role in advancing research and educational programs dedicated to enhancing the well-being of veterans. Through its collaboration with the VA Connecticut Healthcare System, Vacref facilitates initiatives that address critical healthcare needs, particularly in pain management.

One of its key initiatives is the Cooperative Pain Education and Self-Management Project (COPES). This program is designed to provide veterans suffering from recurrent and persistent pain with essential training, treatment modalities, and effective pain intervention strategies. By focusing on comprehensive pain management, Vacref not only improves the quality of life for veterans but also empowers them with tools and knowledge to manage their conditions proactively.

The foundation’s commitment to medical research furthers the understanding of veterans' healthcare challenges and supports the development of innovative solutions. Through these efforts, Vacref significantly impacts the lives of veterans in Connecticut, enhancing their access to effective healthcare and educational resources within the VA system.




This information is meant to be a general summary of Va Connecticut Research And Education Foundation (Vacref). 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
$2,078,961 (2023)
Expenses
$2,191,902 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $129,841
  • Program Service Revenue: $1,940,306
  • Gross Receipts: $2,078,961

Assets and Liabilities:

  • Total Assets: $5,911,991
  • Total Liabilities: $1,625,487
  • Net Assets: $4,286,504

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EASED

Revenue

$442,429

OTHER

Revenue

$264,684

COPES

Revenue

$263,492

IMPOWR

Revenue

$190,196

FDA BARDA

Revenue

$185,087

Organization Details

Founding Year

2005

Principal Officer

Joseph Cardone

NTEE Category

Code: H99 - Medical research

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