Overview
What is Lankenau Institute For Medical Research?
The Lankenau Institute for Medical Research (LIMR) is a nonprofit organization situated in Wynnewood, Pennsylvania. Its primary focus is on advancing knowledge related to various diseases and conditions, including cancer, cardiovascular disease, arthritis, diabetes, lupus, infectious diseases, neurological disorders, gastrointestinal diseases, regenerative medicine, and population health. LIMR's goal is to enhance health and well-being by improving disease detection and treatment, rapidly transferring new technology to clinical settings, and educating the next generation of scientists and physicians. With a workforce of 110 individuals, LIMR's core research programs and investigators work tirelessly to contribute to medical advancements.
Official website here: www.limr.org
What are the reviews and ratings of this charity?
The Lankenau Institute for Medical Research has earned a three-star rating from Charity Navigator, with an overall score of 81%. This rating primarily reflects the organization's strong accountability and financial management, with particular strengths in maintaining a majority of independent board members, having stringent audit and oversight processes, and exhibiting transparency through disclosed policies.
The organization excels in program delivery, indicated by a high program expense ratio of 86.76%. However, a liability to assets ratio of 91.48% suggests potential financial vulnerability, which detracted from their financial score. The consistency in following best practices for accountability highlights their commitment to governance, although the absence of a publicly posted tax form is a noted disadvantage.
While there is a solid foundation in place, Charity Navigator's evaluation does not yet include scores for Impact & Measurement, Culture & Community, and Leadership & Adaptability, leaving gaps in assessment areas that could further affect their overall standing and insights into their operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lankenau Institute For Medical Research legitimate?
Lankenau Institute For Medical Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lankenau Institute For Medical Research 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: $1,954,701
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,733,951
For more financial information, click here
Official website here: www.limr.org
What is the mission statement of Lankenau Institute For Medical Research?
The Lankenau Institute for Medical Research (LIMR) is dedicated to advancing human health and well-being. Their mission encompasses conducting research to improve the detection and treatment of various diseases, rapidly transferring new technologies to the clinic, and training the upcoming generation of scientists and physicians. LIMR's research scope includes cancer, cardiovascular disease, arthritis, diabetes, lupus, infectious disease, neurological disorders, gastrointestinal disease, regenerative medicine, and population health, all aimed at enhancing overall health.
Official website here: www.limr.org
Who is the CEO of Lankenau Institute For Medical Research?
George C Prendergast is the President & Ex-Officio Trustee of Lankenau Institute For Medical Research.
Official website here: www.limr.org
What is the revenue of Lankenau Institute For Medical Research?
Lankenau Institute For Medical Research's revenue in 2022 was $11,705,452.
Official website here: www.limr.org
Who are the executives of Lankenau Institute For Medical Research and what are their salaries?
The average compensation at Lankenau Institute For Medical Research during 2022 was $69,897. There are 110 employees and 2 volunteers at Lankenau Institute For Medical Research.
Here are 32 key members and their salaries:
- Compensation: $0
- Related: $3,879,228
- Other: $503,806
- Compensation: $0
- Related: $979,352
- Other: $164,303
- Compensation: $0
- Related: $809,376
- Other: $53,481
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- Related: $734,593
- Other: $34,315
- Compensation: $0
- Related: $579,952
- Other: $48,150
- Compensation: $431,445
- Related: $0
- Other: $43,481
- Compensation: $0
- Related: $298,521
- Other: $32,637
- Compensation: $224,041
- Related: $0
- Other: $41,001
- Compensation: $180,000
- Related: $40,000
- Other: $0
- Compensation: $191,172
- Related: $0
- Other: $28,388
- Compensation: $184,223
- Related: $0
- Other: $28,577
- Compensation: $171,340
- Related: $0
- Other: $29,938
- Compensation: $165,586
- Related: $0
- Other: $27,304
- Compensation: $158,182
- Related: $0
- Other: $29,346
- Compensation: $130,900
- Related: $0
- Other: $36,874
- Compensation: $125,728
- Related: $0
- Other: $32,905
- Compensation: $139,671
- Related: $0
- Other: $16,338
- Compensation: $121,526
- Related: $0
- Other: $26,034
- Compensation: $130,300
- Related: $0
- Other: $15,717
- Compensation: $117,615
- Related: $0
- Other: $26,307
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- Other: $0
Official website here: www.limr.org
Where can I find the form 990 for Lankenau Institute For Medical Research?
Lankenau Institute For Medical Research's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.limr.org
Learn more at the official website: www.limr.org
Mission Statement of Lankenau Institute For Medical Research
Lankenau Institute for Medical Research, a renowned organization, is committed to advancing human health and well-being. Their mission is multifaceted, encompassing the improvement of disease detection and treatment, the rapid transfer of new technology to clinical settings, and the training of the upcoming generation of scientists and physicians.
At the heart of their mission is the pursuit of knowledge for various diseases and conditions. Lankenau Institute for Medical Research investigators delve into diverse fields such as cancer, cardiovascular disease, arthritis, diabetes, lupus, infectious disease, neurological disorders, gastrointestinal disease, regenerative medicine, and population health. The ultimate goal is to enhance health and well-being for all.
To achieve this mission, Lankenau Institute for Medical Research focuses on basic research. This involves the meticulous study of various diseases and conditions, aiming to uncover new insights and potential treatments. The organization's core research programs in cancer and cardiovascular disease serve as the backbone of this endeavor, with investigators also exploring other areas such as neurological disorders and infectious disease.
In essence, Lankenau Institute for Medical Research is a beacon of hope in the pursuit of improved health and well-being. Through their commitment to research, they aim to enhance disease detection and treatment, transfer new technology to the clinic, and nurture the next generation of scientists and physicians. This mission, driven by a relentless pursuit of knowledge, is at the core of their operations, striving to make a significant impact on human health.
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Impact
October, 2024
Lankenau Institute For Medical Research significantly impacts human health and well-being through its dedicated focus on advancing knowledge across various diseases and conditions. The Institute conducts fundamental research in areas such as cancer, cardiovascular disease, arthritis, diabetes, lupus, infectious diseases, neurological disorders, gastrointestinal disease, and regenerative medicine.
By improving the detection and treatment of these diseases, Lankenau not only enhances patient care but also rapidly translates new technologies into clinical practice, ensuring that breakthroughs reach patients when they need them most. Additionally, by training the next generation of scientists and physicians, the Institute fosters a knowledgeable and skilled workforce equipped to tackle future health challenges. Through these efforts, Lankenau plays a vital role in promoting health, combating disease, and contributing to the overall advancement of medical science.
This information is meant to be a general summary of Lankenau Institute For Medical Research. 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: -$93,775
- Program Service Revenue: $4,168,577
- Gross Receipts: $11,705,452
Assets and Liabilities:
- Total Assets: $20,445,147
- Total Liabilities: $19,826,036
- Net Assets: $619,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INDUSTRY REVENUE
Revenue
$4,168,577
Organization Details
Founding Year
1981
Phone
(484) 476-2755Principal Officer
George C Prendergast
Main Address
100 LANCASTER AVENUE, WYNNEWOOD, PA, 19096
Website
www.limr.orgNTEE Category
Code: H30 - Medical research
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