Overview
What is Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute)?
Luminis Health Research Institute Inc., formerly known as Anne Arundel Research Institute, is a nonprofit organization situated in Annapolis, Maryland. Its primary mission is to support and encourage medical research by healthcare professionals within Luminis Health Anne Arundel Medical Center, Inc. (AAMC). The institute aims to educate interested individuals, uphold participant rights and safety, maintain the integrity of AAMC's research program, and ultimately benefit the communities served by AAMC. By offering an expanded range of clinical trials as options in patient care, Luminis Health Research Institute connects patients and their physicians to discuss potential new therapies and procedures, facilitating referrals to AAMC's research-conducting physicians. The institute's staff is trained and experienced in ensuring research adheres to applicable regulations, good clinical practices, and the study protocol, while maintaining accurate and complete data quality. The organization is committed to protecting the rights and welfare of research participants.
Official website here: www.luminishealth.org
What are the reviews and ratings of this charity?
Charity Navigator rates Luminis Health Research Institute Inc with a score of 66%, resulting in a Two-Star out of Four Star rating. This score indicates that while the organization meets some accountability and financial standards, it has room for improvement. The Accountability & Finance score of 66 reflects both strengths and weaknesses in governance and financial transparency.
The institute demonstrates a solid commitment to program expenses, with a high ratio of 98.42%, indicating that a significant portion of its funds is directed towards its programs. Furthermore, it maintains robust policies such as a conflict of interest policy and whistleblower policy, scoring well in areas related to governance practices. However, the lack of independent board members raises concerns about potential conflicts of interest and effective oversight.
On the downside, the organization received a low score for its liabilities to assets ratio at 185.44%, suggesting financial instability. Additionally, the absence of the tax form on the nonprofit's website highlights a gap in transparency. Overall, while Luminis Health Research Institute has positive aspects in its program spending and governance policies, the financial health and board independence warrant attention.
This AI summary has been generated from information found on Charity Navigator.
Is Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute) legitimate?
Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Luminis Health Research Institute Inc (Fka Anne Arundel 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,186,680
For more financial information, click here
Official website here: www.luminishealth.org
What is the mission statement of Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute)?
Luminis Health Research Institute Inc., formerly known as Anne Arundel Research Institute, is committed to supporting physicians affiliated with Luminis Health Anne Arundel Medical Center, Inc. (AAMC) in conducting human subjects research. Their research staff is qualified, boasting the necessary training and experience. They ensure that research is carried out in compliance with applicable regulations, good clinical practices, and the study protocol. The institute prioritizes maintaining accurate and complete data quality. Furthermore, Luminis Health Research Institute Inc. is dedicated to safeguarding the rights and welfare of research participants.
Official website here: www.luminishealth.org
Who is the CEO of Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute)?
Victoria W Bayless is the CEO of Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute) The CEO's salary of Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute) is $0 and their total compensation is $2,467,859.
Official website here: www.luminishealth.org
What is the revenue of Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute)?
Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute)'s revenue in 2024 was $1,290,226.
Official website here: www.luminishealth.org
Who are the executives of Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute) and what are their salaries?
The average compensation at Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute) during 2024 was $65,927. There are 18 employees at Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute).
Here are 15 key members and their salaries (Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute)'s CEO's salary is $0 and their total compensation is $2,467,859):
- Compensation: $0
- Related: $911,078
- Other: $42,912
- Compensation: $0
- Related: $552,106
- Other: $68,409
- Compensation: $0
- Related: $208,749
- Other: $28,270
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $223,930
- Other: $5,950
- Compensation: $0
- Related: $503,836
- Other: $53,075
- Compensation: $131,366
- Related: $0
- Other: $45,448
- Compensation: $106,772
- Related: $0
- Other: $18,608
- Compensation: $0
- Related: $2,088,080
- Other: $379,779
- Compensation: $0
- Related: $906,196
- Other: $15,077
- Compensation: $0
- Related: $754,916
- Other: $55,834
- Compensation: $0
- Related: $562,543
- Other: $39,289
- Compensation: $0
- Related: $367,100
- Other: $43,334
- Compensation: $0
- Related: $119,510
- Other: $891
Official website here: www.luminishealth.org
Where can I find the form 990 for Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute)?
Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute)'s most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.luminishealth.org
Learn more at the official website: www.luminishealth.org
Mission Statement of Luminis Health Research Institute Inc (Fka Anne Arundel Research Institute)
Luminis Health Research Institute Inc., formerly known as Anne Arundel Research Institute, is committed to supporting physicians at Luminis Health Anne Arundel Medical Center, Inc. (AAMC) in conducting human subjects research. The institute's mission is twofold. Firstly, it ensures that research is carried out in compliance with applicable regulations, good clinical practices, and the study protocol. Secondly, the institute prioritizes data quality, aiming for accuracy and completeness in all research-related data. Furthermore, Luminis Health Research Institute Inc. is dedicated to protecting the rights and welfare of research participants. Its qualified staff, equipped with training and experience, oversees the research process, ensuring it adheres to the highest ethical standards.
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Impact
October, 2024
Luminis Health Research Institute Inc plays a pivotal role in advancing medical research and enhancing patient care within the communities it serves. By facilitating and encouraging research among medical and health system staff, the institute supports the development of innovative therapies and procedures. This fosters an environment where emerging medical breakthroughs can be translated into practical treatments for patients.
The institute's commitment to educating aspiring researchers ensures a knowledgeable workforce capable of conducting high-quality investigations. It guarantees that research adheres to strict ethical standards and regulatory guidelines, prioritizing the rights and safety of participants. Through its efforts, Luminis Health Research Institute not only contributes to scientific knowledge but also expands the options available to patients and their physicians. This collaborative approach allows for informed discussions regarding promising new therapies, ultimately enhancing the quality of care offered by Luminis Health Anne Arundel Medical Center.
In summary, the institute stands at the forefront of medical research and clinical trials, significantly impacting patient outcomes and fostering community health advancements.
This information is meant to be a general summary of Luminis Health Research Institute Inc (Fka Anne Arundel 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 2024.
- Program Service Revenue: $1,195,216
- Gross Receipts: $1,290,226
Assets and Liabilities:
- Total Assets: $1,621,968
- Total Liabilities: $2,198,610
- Net Assets: -$576,642
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLINICAL TRIAL & RSRCH
Revenue
$1,195,216
Organization Details
Founding Year
2008
Principal Officer
Mitchell Schwartz Md
Website
www.luminishealth.orgNTEE Category
Code: E052 - Health
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