Overview
What is John Paul Ii Medical Research Institute?
The John Paul II Medical Research Institute, located in Coralville, Iowa, is a nonprofit organization dedicated to advancing medical research. Its mission is to recognize and uphold the dignity of human life from conception to natural death, while addressing unmet medical needs. The institute specifically focuses on developing cures and therapies using adult stem cells and induced pluripotent stem cells, without engaging in embryonic stem cell research. In 2022, the institute continued its efforts in creating a safer and more robust coronavirus vaccine using a traditional non-mRNA-based approach, ensuring it was free of aborted fetal tissue. The institute collaborates with other organizations for validation and refines its vaccine development efforts to address the need for an ethically developed vaccine. With a team of 7 employees, the John Paul II Medical Research Institute strives to advance drug discovery and regenerative medicine for various diseases while promoting educational outreach in medical bioethics.
Official website here: www.jp2mri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star rating.
The John Paul II Medical Research Institute has received a Two-Star rating from Charity Navigator, indicating that the organization has some strengths but also areas that require improvement. The rating is primarily derived from its accountability and finance metrics, which show a strong governance structure, including a majority independent board and comprehensive policies in place for conflicts of interest and whistleblowing. However, the program expense ratio is notably low at 50.00%, suggesting that less than half of its expenses are directed towards its programs, which can raise concerns about resource allocation.
User feedback from Great Nonprofits reflects a positive sentiment, with a notable review rating the organization a perfect 5 stars. The review highlights the Institute's efforts in fundraising for COVID-19 vaccines without any ties to abortion, showcasing a commitment to ethical medical research. This aligns with the organization's mission but indicates that public perception may be influenced by specific initiatives rather than the overall operational efficiency.
Despite its commendable governance and ethical stance, the organization must address its low program expense ratio to enhance its effectiveness in fulfilling its mission. This aspect is crucial for potential donors and supporters to consider when evaluating the impact of their contributions.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is John Paul Ii Medical Research Institute legitimate?
John Paul Ii Medical Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. John Paul Ii 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: $111,523
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,963
For more financial information, click here
Official website here: www.jp2mri.org
What is the mission statement of John Paul Ii Medical Research Institute?
The John Paul II Medical Research Institute advocates for medical research that acknowledges the dignity of human life from conception to natural death and addresses unmet medical needs. Its mission is to find cures and therapies exclusively using a variety of adult stem cells and induced pluripotent stem cells. The institute does not engage in embryonic stem cell research of any kind. In addition to conducting preclinical research technologies that will broadly advance drug discovery and regenerative medicine for numerous diseases, the institute also focuses on educational outreach to increase the number of scientists and future medical practitioners working with adult stem cells. This educational initiative emphasizes medical bioethics, consistently upholding the dignity of human life.
Official website here: www.jp2mri.org
Who is the CEO of John Paul Ii Medical Research Institute?
Jay Kamath is the President of John Paul Ii Medical Research Institute.
Official website here: www.jp2mri.org
What is the revenue of John Paul Ii Medical Research Institute?
John Paul Ii Medical Research Institute's revenue in 2022 was $469,748.
Official website here: www.jp2mri.org
Who are the executives of John Paul Ii Medical Research Institute and what are their salaries?
The average compensation at John Paul Ii Medical Research Institute during 2022 was $21,498. There are 7 employees and 6 volunteers at John Paul Ii Medical Research Institute.
Here are 6 key members and their salaries:
- Compensation: $71,523
- Related: $0
- Other: $2,076
- Compensation: $40,000
- Related: $0
- Other: $0
- Compensation: $0
- 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.jp2mri.org
Where can I find the form 990 for John Paul Ii Medical Research Institute?
John Paul Ii Medical Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jp2mri.org
Learn more at the official website: www.jp2mri.org
Mission Statement of John Paul Ii Medical Research Institute
The John Paul II Medical Research Institute is committed to advocating for medical research that recognizes the inherent dignity of human life from conception to natural death. The institute aims to address unmet medical needs by leveraging a variety of adult stem cells and induced pluripotent stem cells. The John Paul II Medical Research Institute does not engage in embryonic stem cell research of any kind. Instead, it focuses on developing preclinical research technologies that can significantly advance drug discovery and regenerative medicine for numerous diseases. Additionally, the institute is dedicated to educational outreach, with the goal of increasing the number of scientists and future medical practitioners who work with adult stem cells, always emphasizing medical ethics that uphold the dignity of human life.
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Impact
July, 2024
John Paul II Medical Research Institute advocates for medical research that recognizes the dignity of human life from the moment of conception to natural death and addresses unmet medical needs. The institute's impact lies in its commitment to developing a collaborative basic and clinical research program in core areas such as cancer, neurodegenerative diseases, rare diseases, and adult stem cell therapies. Notably, in 2022, JP2MRI advanced its research efforts by focusing on developing a safer and more robust coronavirus vaccine using a traditional non-mRNA-based approach that is free of aborted fetal tissue in development and testing.
Through its innovative work, the institute is contributing to the development of potential vaccine candidates, which were sent to the University of Iowa for validation. JP2MRI's dedication to refining vaccine development efforts underscores its mission to address the need for a better ethically developed vaccine. By exclusively utilizing a variety of adult stem cells and induced pluripotent stem cells, the institute is focused on finding cures and therapies while abstaining from engaging in embryonic stem cell research.
Moreover, JP2MRI's commitment extends to developing preclinical research technologies that advance drug discovery and regenerative medicine for various diseases. The institute's emphasis on educational outreach further contributes to increasing the number of scientists and future medical practitioners who will work with adult stem cells while upholding medical bioethics consistent with the dignity of human life. JP2MRI's impact in the field of medical research is significant, underscoring its dedication to advancing scientific solutions ethically and responsibly.
This information is meant to be a general summary of John Paul Ii 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.
- Investment Income: $358
- Program Service Revenue: $4,953
- Gross Receipts: $469,748
Assets and Liabilities:
- Total Assets: $509,156
- Total Liabilities: $168,960
- Net Assets: $340,196
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER INCOME
Revenue
$4,953
Organization Details
Founding Year
2006
Phone
(319) 688-7367Principal Officer
Jay Kamath
Main Address
2500 CROSSPARK RD E108, CORALVILLE, IA, 52241
Website
www.jp2mri.orgNTEE Category
Code: H99 - Medical research
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