Overview
What is The Morgridge Institute For Research Inc?
The Morgridge Institute for Research Inc, located at 330 N Orchard Street, Madison, WI, is a research institute dedicated to advancing human health through interdisciplinary bioscience research in partnership with the University of Wisconsin-Madison and the University of Wisconsin Hospitals and Clinics Authority. With a mission to improve health by conducting, enabling, and translating innovative research, the institute fosters collaboration and interaction between public and private research to address fundamental biomedical questions. Their focus on regenerative biology aims to create physiologically stable, safe, and functional cells to enhance our understanding of the human body and develop tailored drugs for specific needs. The institute's vision is to solve major health challenges by acting as an interdisciplinary research center and collaborative hub, with a total workforce of 182 individuals.
Official website here: www.morgridge.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star rating
The Morgridge Institute For Research Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The score is primarily based on strong governance practices, with a fully independent board and comprehensive financial oversight mechanisms. This indicates the organization prioritizes transparency and ethical management of its resources.
Strengths noted in the evaluation include a lack of material diversion of assets, a well-structured conflict of interest policy, and a whistleblower policy in place. The organization also maintains its website in accordance with regulatory requirements, which is a positive aspect contributing to its accountability standing.
However, there are areas for improvement, particularly in the financial metrics. The liabilities to assets ratio and program expense ratio score lower than ideal, suggesting that while the organization is managing its resources responsibly, there may be challenges in maximizing its programmatic expenditures relative to its financial obligations. Overall, the Morgridge Institute demonstrates commendable practices, though it should address its financial ratios to enhance its impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Morgridge Institute For Research Inc legitimate?
The Morgridge Institute For Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Morgridge Institute For Research 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: $3,283,863
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,705,950
For more financial information, click here
Official website here: www.morgridge.org/
What is the mission statement of The Morgridge Institute For Research Inc?
The Morgridge Institute for Research is dedicated to enhancing human health through collaborative, interdisciplinary biomedical research. By working in partnership with the University of Wisconsin-Madison and others, the institute aims to address and answer fundamental biological questions, and respond nimbly to emerging opportunities. Their mission is to conduct, enable, and translate innovative research, leveraging the collective strengths of their partners. Their vision is to solve major challenges to human health by serving as a hub for investigators to collaborate and tackle interdisciplinary research projects. The institute also promotes better understanding of the health benefits of biomedical research through community engagement.
Official website here: www.morgridge.org/
Who is the CEO of The Morgridge Institute For Research Inc?
Kathi Stanek is the Trustee of The Morgridge Institute For Research Inc. The CEO's salary of The Morgridge Institute For Research Inc is $481,873 and their total compensation is $530,255.
Official website here: www.morgridge.org/
What is the revenue of The Morgridge Institute For Research Inc?
The Morgridge Institute For Research Inc's revenue in 2023 was $26,189,437.
Official website here: www.morgridge.org/
Who are the executives of The Morgridge Institute For Research Inc and what are their salaries?
The average compensation at The Morgridge Institute For Research Inc during 2023 was $60,384. There are 182 employees at The Morgridge Institute For Research Inc.
Here are 27 key members and their salaries (The Morgridge Institute For Research Inc's CEO's salary is $481,873 and their total compensation is $530,255):
- Compensation: $15,000
- Related: $695,303
- Other: $97,692
- Compensation: $481,873
- Related: $0
- Other: $48,382
- Compensation: $15,000
- Related: $24,000
- Other: $0
- Compensation: $15,000
- Related: $24,000
- Other: $0
- Compensation: $15,000
- Related: $24,000
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $5,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $328,716
- Related: $0
- Other: $46,224
- Compensation: $196,597
- Related: $0
- Other: $44,475
- Compensation: $406,692
- Related: $0
- Other: $3,547
- Compensation: $283,039
- Related: $0
- Other: $52,053
- Compensation: $257,129
- Related: $0
- Other: $48,354
- Compensation: $214,256
- Related: $0
- Other: $39,192
- Compensation: $194,434
- Related: $0
- Other: $37,084
- Compensation: $169,564
- Related: $0
- Other: $41,562
- Compensation: $175,752
- Related: $0
- Other: $29,827
Official website here: www.morgridge.org/
Where can I find the form 990 for The Morgridge Institute For Research Inc?
The Morgridge Institute For Research Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.morgridge.org/
Learn more at the official website: www.morgridge.org/
Mission Statement of The Morgridge Institute For Research Inc
The Morgridge Institute For Research Inc is a research institution dedicated to advancing human health through interdisciplinary biomedical research. In collaboration with the University of Wisconsin-Madison and the University of Wisconsin Hospitals and Clinics Authority, this organization fosters innovative research discoveries that improve human health. By breaking down barriers between researchers, labs, and scientific disciplines, the institute accelerates groundbreaking findings.
The Morgridge Institute For Research Inc's mission is geared towards conducting, enabling, and translating pioneering biomedical research, with a vision to tackle major challenges in human health. By serving as an interdisciplinary research center and collaborative hub, the institute empowers investigators to explore and answer fundamental biomedical questions. Leveraging its private status and streamlined organizational structure, the Morgridge Institute for Research responds nimbly to emerging opportunities, fostering synergy with the outstanding public research university.
Through community engagement, the Morgridge Institute For Research Inc promotes a better understanding of the health benefits of biomedical research. The organization's efforts extend beyond the lab, working to enhance the collective strengths of its partnerships and inspire a deeper appreciation for the impact of biomedical research on human health.
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Impact
August, 2024
The Morgridge Institute for Research Inc's impact lies in its dedication to improving human health through cutting-edge interdisciplinary biomedical research. By fostering collaborations between scientists and medical professionals, the Institute accelerates breakthrough discoveries that have the potential to transform healthcare. Specifically focused on regenerative biology, the Institute aims to understand and manipulate cellular fates to develop new treatments and preventive measures for degenerative diseases. Through its mission and vision, The Morgridge Institute for Research Inc serves as a vital hub for innovation and education in the field of biomedical research, ultimately working towards solving major health challenges and enhancing public understanding of the benefits of research.
This information is meant to be a general summary of The Morgridge Institute For Research 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 2023.
- Investment Income: -$123,698
- Program Service Revenue: $43,160
- Gross Receipts: $26,351,506
Assets and Liabilities:
- Total Assets: $87,077,299
- Total Liabilities: $56,732,508
- Net Assets: $30,344,791
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGENERATIVE BIOLOGY
Revenue
$43,160
Organization Details
Founding Year
2006
Phone
(608) 316-4100Principal Officer
Kathi Stanek
Main Address
330 N ORCHARD STREET, MADISON, WI, 537151119
Website
www.morgridge.org/NTEE Category
Code: E20 - Health
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