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The Broad Institute Inc

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

EIN: 263428781 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Broad Institute Inc?

The Broad Institute Inc, based in Massachusetts, is a dedicated nonprofit organization focused on propelling advancements in biomedicine. Through rigorous research, they strive to deepen our understanding and develop effective treatments for various diseases. Furthermore, they are committed to sharing scientific knowledge with the scientific community, ultimately benefiting the public.


Official website here: www.broadinstitute.org

What are the reviews and ratings of this charity?

The Broad Institute Inc is not currently rated on Charity Navigator. This lack of a rating stems from missing data in several key areas needed for assessment, such as Accountability & Finance and Impact & Measurement. Not having a rating does not necessarily imply a positive or negative view; rather, it suggests insufficient data availability at this time.

As an independent organization receiving substantial support from governmental units or the general public, The Broad Institute has yet to provide enough information for full evaluations in areas like Leadership & Adaptability and Culture & Community. Historical ratings have predominantly reflected accountability and financial metrics, which are currently absent.

With no user reviews available on GreatNonprofits, there's limited public feedback to gauge user sentiment or community impact. Overall, more comprehensive data submission by the organization could offer better insights into its operational effectiveness and societal contributions.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about The Broad Institute Inc?

94% of 56 reviewers on Facebook recommend The Broad Institute Inc. Here is a summary of their reviews:

Many reviewers express satisfaction with the organization, highlighting its impactful contributions to science and research. Users appreciate the institute's commitment to advancing knowledge and public health, noting that the resources provided are beneficial to both researchers and the community at large.

Overall, there is a palpable sense of trust and approval from supporters who feel the organization effectively delivers on its mission. The positive sentiment towards The Broad Institute indicates a strong belief in its efforts and a keen interest in its ongoing projects and initiatives.


This AI summary has been generated from reviews found on Facebook.

Is The Broad Institute Inc legitimate?

The Broad Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Broad 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: $3,370,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $208,845,406

For more financial information, click here


Official website here: www.broadinstitute.org

What is the mission statement of The Broad Institute Inc?

The Broad Institute Inc is dedicated to driving advancements in biomedicine. Through rigorous research, they strive to deepen the understanding of diseases and develop effective treatments. Moreover, they disseminate scientific knowledge to the scientific community, ultimately benefiting the public. Their mission encompasses both the pursuit of new discoveries and the sharing of existing knowledge to propel progress in the field of biomedicine.


Official website here: www.broadinstitute.org

Who is the CEO of The Broad Institute Inc?

Todd Golub Institute Director is the Institute Director of The Broad Institute Inc. The CEO's salary of The Broad Institute Inc is $124,633 and their total compensation is $145,414.


Official website here: www.broadinstitute.org

What is the revenue of The Broad Institute Inc?

The Broad Institute Inc's revenue in 2022 was $1,051,116,110.


Official website here: www.broadinstitute.org

Who are the executives of The Broad Institute Inc and what are their salaries?

The average compensation at The Broad Institute Inc during 2022 was $80,629. There are 2632 employees and 24 volunteers at The Broad Institute Inc.


Here are 30 key members and their salaries (The Broad Institute Inc's CEO's salary is $124,633 and their total compensation is $145,414):


Justine Levin-Allerhand (See Schedule O)
  • Compensation: $826,650
  • Related: $0
  • Other: $61,154
Todd Golub (Institute Director)
  • Compensation: $747,807
  • Related: $0
  • Other: $54,223
Jesse Souweine (Chief Operating Officer)
  • Compensation: $602,118
  • Related: $0
  • Other: $59,592
Stacey Gabriel (Chief Genomics Officer)
  • Compensation: $606,757
  • Related: $0
  • Other: $49,863
Morgan Sheng (Core Institute Member)
  • Compensation: $570,614
  • Related: $0
  • Other: $57,368
Niall Lennon (Sr Dir Translational Genomics)
  • Compensation: $443,934
  • Related: $0
  • Other: $56,671
Dan Shore (Cfo/Treasurer)
  • Compensation: $433,844
  • Related: $0
  • Other: $58,024
Sheila Dodge (Sr. Director Gp Operations)
  • Compensation: $429,193
  • Related: $0
  • Other: $44,264
Tim Desmet (Sr Dir Clinical Research Ops)
  • Compensation: $393,959
  • Related: $0
  • Other: $49,631
Frances Taplett (Chief People Ofcr (Unt 12/21))
  • Compensation: $374,724
  • Related: $0
  • Other: $56,753
John Travia (See Schedule O)
  • Compensation: $295,364
  • Related: $0
  • Other: $56,182
Laurie Pessah (Bod Admin/Assistant Clerk)
  • Compensation: $143,958
  • Related: $0
  • Other: $46,392
Eric Lander (Fmr Dir, Pres/Ceo(See Sched O))
  • Compensation: $124,633
  • Related: $0
  • Other: $20,781
David Baltimore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Q Daley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Helman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Klarman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Levinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Nunnelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
L Rafael Reif (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric E Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Sharp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Tilghman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerun Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Bacow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Manyika (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Hamburg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Martin Chavez (Director (Beg 10/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ravi Thadhani (Director (Beg 7/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Cordova (See Schedule O)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.broadinstitute.org

Where can I find the form 990 for The Broad Institute Inc?

The Broad Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.broadinstitute.org

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

Mission Statement of The Broad Institute Inc

The Broad Institute Inc, a renowned nonprofit organization, is dedicated to driving advancements in biomedicine. It does so by conducting research geared towards the comprehension and alleviation of diseases and disseminating scientific knowledge to the scientific community for the greater good. The Broad Institute's mission is multifaceted, encompassing both the pursuit of scientific discoveries and the sharing of this knowledge with the public.

At the heart of The Broad Institute's endeavors lies the quest for understanding and treating illnesses. The organization's researchers focus their efforts on unraveling the complexities of diseases, aiming to translate their findings into innovative treatments and therapies. In this way, The Broad Institute plays a pivotal role in pushing the boundaries of biomedical research and contributing to the betterment of human health.

Moreover, The Broad Institute plays an essential role in the scientific community by making its discoveries accessible to all. It accomplishes this through the dissemination of scientific knowledge, fostering collaboration and innovation among researchers, and encouraging the sharing of research findings. By doing so, The Broad Institute enables the scientific community to build upon its work and continue driving progress in biomedicine for the ultimate benefit of the public.

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Impact




October, 2024

The Broad Institute Inc significantly impacts biomedicine by advancing research focused on the understanding and treatment of diseases. Its efforts facilitate groundbreaking discoveries that lead to improved health outcomes and innovative therapies. By fostering collaboration and promoting the sharing of scientific knowledge, the Institute enhances the capabilities of the scientific community. This collaboration ensures that new findings and technologies are disseminated widely, benefiting public health and contributing to the overall progress in medical research. Through its mission, The Broad Institute drives initiatives that directly address pressing health challenges, continuously working toward improving the quality of life for individuals affected by various diseases.




This information is meant to be a general summary of The Broad 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.

Revenue
$1,051,116,110 (2022)
Expenses
$826,345,984 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $43,176,264
  • Program Service Revenue: $360,088,388
  • Gross Receipts: $1,084,746,606

Assets and Liabilities:

  • Total Assets: $2,728,165,745
  • Total Liabilities: $768,740,280
  • Net Assets: $1,959,425,465

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Programs

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

RESEARCH

Revenue

$356,113,808

USE OF FACILITIES

Revenue

$2,067,306

ADMIN FEES

Revenue

$1,055,850

REBATES

Revenue

$774,430

SYMPOSIUM SPONSORSHIP

Revenue

$5,000

Organization Details

Founding Year

2008

Principal Officer

Todd Golub Institute Director

Main Address

415 MAIN STREET, CAMBRIDGE, MA, 02142

NTEE Category

Code: H20 - Medical research

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