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National Institute Forpharmaceutical Technology And Educa

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

EIN: 260636598 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is National Institute Forpharmaceutical Technology And Educa?

The National Institute for Pharmaceutical Technology and Education (NIPTE) is a nonprofit organization situated in Minneapolis, Minnesota. Comprising a collaboration of academia, industry, and various stakeholders, NIPTE's mission is to enhance the affordability and quality of medicines globally. They achieve this through research, outreach, and education initiatives. By leveraging scientific and technological advancements, NIPTE aims to instill confidence in pharmaceutical products, ensuring reliability and meeting the needs of patients in the 21st century. NIPTE also supports the education sector by delivering advanced pharmaceutical topics to the workforce.


Official website here: www.nipte.org

Is National Institute Forpharmaceutical Technology And Educa legitimate?

National Institute Forpharmaceutical Technology And Educa is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Institute Forpharmaceutical Technology And Educa 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nipte.org

What is the mission statement of National Institute Forpharmaceutical Technology And Educa?

The National Institute for Pharmaceutical Technology and Education (NIPTE) is a collaborative effort involving academia, industry, and other stakeholders. Their mission, through research, outreach, and education, is to enhance the design, development, and manufacturing of medicines to cater to the needs of patients in the 21st century. By leveraging scientific and technological advancements, NIPTE aims to instill confidence and reliability in pharmaceutical products, ultimately benefiting consumers worldwide.


Official website here: www.nipte.org

Who is the CEO of National Institute Forpharmaceutical Technology And Educa?

Vadim J Gurvich is the Board Member of National Institute Forpharmaceutical Technology And Educa.


Official website here: www.nipte.org

What is the revenue of National Institute Forpharmaceutical Technology And Educa?

National Institute Forpharmaceutical Technology And Educa's revenue in 2022 was $998,016.


Official website here: www.nipte.org

Who are the executives of National Institute Forpharmaceutical Technology And Educa and what are their salaries?


Here are 18 key members and their salaries:


Natalie D Eddington (Board Member)
  • Compensation: $0
  • Related: $463,000
  • Other: $0
Indra K Reddy (Chair)
  • Compensation: $0
  • Related: $421,972
  • Other: $0
Kenneth Christensen (Board Member)
  • Compensation: $0
  • Related: $415,702
  • Other: $0
Bruce A Mueller (Board Member)
  • Compensation: $0
  • Related: $350,000
  • Other: $0
Lynda S Welage (Secretary)
  • Compensation: $0
  • Related: $339,000
  • Other: $0
Eric L Barker (Board Member)
  • Compensation: $0
  • Related: $319,185
  • Other: $0
Samuel M Poloyac (Board Member)
  • Compensation: $0
  • Related: $311,600
  • Other: $0
Alberto Cuitino (Board Member)
  • Compensation: $0
  • Related: $301,005
  • Other: $0
Ronald Ragan (Treasurer)
  • Compensation: $0
  • Related: $257,202
  • Other: $0
Anne M Maglia (Board Member)
  • Compensation: $0
  • Related: $201,630
  • Other: $0
Philip M Hritcko (Board Member)
  • Compensation: $0
  • Related: $185,000
  • Other: $0
Vadim J Gurvich (Exective Director)
  • Compensation: $0
  • Related: $94,748
  • Other: $30,130
Kelechi C Ogbonna (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin S Zand (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kinch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Strum (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda T Maldonado (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James K Drennen (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nipte.org

Where can I find the form 990 for National Institute Forpharmaceutical Technology And Educa?

National Institute Forpharmaceutical Technology And Educa's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nipte.org

Learn more at the official website: www.nipte.org

Mission Statement of National Institute Forpharmaceutical Technology And Educa

The National Institute for Pharmaceutical Technology and Education, often referred to as NIPTE, is a collaborative organization that brings together academia, industry, and various stakeholders. Their mission is centered around leveraging scientific and technological advancements to instill confidence and reliability in pharmaceutical products for consumers globally. NIPTE's primary goal is to enhance the way medicines are conceived, developed, and manufactured to cater to the needs of patients in the 21st century. By doing so, the institute aims to significantly impact the pharmaceutical industry, ultimately benefiting patients worldwide.

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Impact




October, 2024

The National Institute for Pharmaceutical Technology and Education (NIPTE) significantly enhances the landscape of pharmaceutical development and manufacturing. By fostering collaboration among academic institutions, industry leaders, and various stakeholders, NIPTE drives innovative research and educational initiatives aimed at improving the design and production of medicines.

NIPTE actively addresses the critical need for affordable and high-quality pharmaceuticals, ensuring that these products can effectively meet the health needs of patients in the 21st century. Through its commitment to leveraging scientific and technological advancements, the institute instills greater confidence and reliability in pharmaceutical products for consumers globally. Additionally, NIPTE’s focus on education serves to elevate the workforce’s expertise in advanced pharmaceutical topics, thereby cultivating a knowledgeable and skilled community essential for future advancements in the field. The cumulative impact of NIPTE's efforts is a more robust and responsive pharmaceutical industry that prioritizes patient welfare and accessibility to vital medicines.




This information is meant to be a general summary of National Institute Forpharmaceutical Technology And Educa. 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
$998,016 (2022)
Expenses
$1,150,877 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $18,014
  • Program Service Revenue: $159,086
  • Gross Receipts: $998,016

Assets and Liabilities:

  • Total Assets: $1,067,996
  • Total Liabilities: $244,972
  • Net Assets: $823,024

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Programs

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

Federal Research Contract

Revenue

$159,086

Organization Details

Founding Year

2007

Principal Officer

Vadim J Gurvich

Main Address

717 Delaware Street SE Suite 477, Minneapolis, MN, 55414

NTEE Category

Code: T12 - Philanthropy

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