Overview
What is Veterans Bio-Medical Research Institute Inc?
Veterans Bio-Medical Research Institute Inc, located at 385 Tremont Avenue, East Orange, New Jersey 07018, is a dedicated nonprofit organization focusing on biomedical research and education for veterans. With a workforce of 39 individuals, they offer support in several medical fields, including diabetes and hypertension, Gulf War illness, mental health, neurological disorders such as multiple sclerosis and Alzheimer's disease, and traumatic brain injury. Funding for these projects comes from renowned organizations like the National Institutes of Health, Department of Defense, and New Jersey Commission for Brain Injury Research. Their primary mission is to contribute to medical advancements that benefit veterans in New Jersey.
Official website here: www.vbri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Veterans Bio-Medical Research Institute Inc has achieved an impressive 96% rating from Charity Navigator, indicating strong performance in accountability and finance. This high score reflects the organization's commitment to transparency and responsible financial management, with a notable focus on maintaining an independent board and robust oversight practices.
The organization excels in several key areas, such as having a majority of independent board members and a solid program expense ratio of 85.93%. These factors suggest that most of their resources are directed toward mission-related activities rather than administrative costs. Additionally, their adherence to policies regarding conflict of interest and whistleblower protection further reinforces their dedication to ethical governance.
While the data highlights many strengths, it does not provide specific information on program outcomes or community impact, which are also important for a complete assessment of the organization’s effectiveness. Nonetheless, the financial health and governance practices of Veterans Bio-Medical Research Institute Inc are commendable, making it a reliable choice for donors looking to support veterans' biomedical research.
This AI summary has been generated from information found on Charity Navigator.
Is Veterans Bio-Medical Research Institute Inc legitimate?
Veterans Bio-Medical Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans Bio-Medical Research Institute 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: $170,362
Professional Fundraising Fees: $0
Other Salaries and Wages: $533,836
For more financial information, click here
Official website here: www.vbri.org
What is the mission statement of Veterans Bio-Medical Research Institute Inc?
The Veterans Bio-Medical Research Institute Inc is committed to supporting medical research and educational programs aimed at benefiting veterans. Their mission encompasses funding projects in various health-related areas, such as diabetes, hypertension, Gulf War illness, mental health, neurological disorders like multiple sclerosis and Alzheimer's disease, and traumatic brain injury. This institute relies on grants from renowned organizations like the National Institutes of Health, Department of Defense, and New Jersey Commission for Brain Injury Research to sustain its research initiatives.
Official website here: www.vbri.org
Who is the CEO of Veterans Bio-Medical Research Institute Inc?
Kristen Bourgerie is the Trustee of Veterans Bio-Medical Research Institute Inc.
Official website here: www.vbri.org
What is the revenue of Veterans Bio-Medical Research Institute Inc?
Veterans Bio-Medical Research Institute Inc's revenue in 2022 was $2,396,322.
Official website here: www.vbri.org
Who are the executives of Veterans Bio-Medical Research Institute Inc and what are their salaries?
The average compensation at Veterans Bio-Medical Research Institute Inc during 2022 was $18,056. There are 39 employees and 6 volunteers at Veterans Bio-Medical Research Institute Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $353,701
- Other: $106,110
- Compensation: $0
- Related: $274,296
- Other: $82,289
- Compensation: $0
- Related: $257,282
- Other: $77,185
- Compensation: $0
- Related: $172,798
- Other: $51,839
- Compensation: $0
- Related: $155,545
- Other: $46,663
- Compensation: $141,110
- Related: $0
- Other: $21,061
- Compensation: $158,218
- 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.vbri.org
Where can I find the form 990 for Veterans Bio-Medical Research Institute Inc?
Veterans Bio-Medical Research Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vbri.org
Learn more at the official website: www.vbri.org
Mission Statement of Veterans Bio-Medical Research Institute Inc
Veterans Bio-Medical Research Institute Inc, as the name suggests, is dedicated to supporting medical research and education programs specifically for veterans in an unspecified location. Their mission is to provide a platform for exploring various medical issues that affect veterans, including diabetes, hypertension, gulf war illness, mental health, neurological disorders like multiple sclerosis and Alzheimer's disease, and traumatic brain injury. They achieve this by funding research projects through grants from reputable organizations such as the National Institutes of Health, Department of Defense, and New Jersey Commission for Brain Injury Research. These initiatives aim to advance medical knowledge and develop potential treatments for the health concerns faced by our veterans, ensuring they receive the care they deserve.
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Impact
October, 2024
Veterans Bio-Medical Research Institute Inc significantly advances medical research and education for veterans in New Jersey. In 2022, the organization funded eight critical research projects addressing pressing health issues such as diabetes, hypertension, Gulf War illness, mental health challenges, neurological disorders like multiple sclerosis and Alzheimer's disease, and traumatic brain injury. These projects received backing from reputable funding sources, including the National Institutes of Health, the Department of Defense, and the New Jersey Commission for Brain Injury Research. By investing in targeted biomedical studies, VBRI plays a vital role in enhancing the health and well-being of veterans, fostering innovative solutions to complex health challenges they face. The research not only contributes to scientific knowledge but also has the potential for practical benefits, translating into improved care and resources for the veteran community.
This information is meant to be a general summary of Veterans Bio-Medical Research Institute 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: $1,569
- Program Service Revenue: $1,150,414
- Gross Receipts: $2,396,322
Assets and Liabilities:
- Total Assets: $1,164,109
- Total Liabilities: $364,120
- Net Assets: $799,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT REVENUE
Revenue
$1,150,414
Organization Details
Founding Year
1989
Phone
(973) 676-1000Principal Officer
Kristen Bourgerie
Main Address
385 Tremont Avenue, East Orange, NJ, 07018
Website
www.vbri.orgNTEE Category
Code: H90 - Medical research
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