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Beacon Orthopaedic Research & Education Foundation

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

EIN: 270643210 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Beacon Orthopaedic Research & Education Foundation?

The Beacon Orthopaedic Research & Education Foundation, headquartered in Cincinnati, Ohio, is a nonprofit organization dedicated to promoting advancements in orthopaedic surgery, physical medicine, rehabilitation, and injury prevention. Their primary mission is to operate a human cadaver lab, or wet lab, for educational purposes. This foundation supports scientific research and provides educational facilities, aiming to enhance the field of orthopaedics. They offer fellowships to individuals pursuing a career in orthopaedics, and provide educational opportunities to the public, focusing on injury prevention and proper preparation for physical activities. By doing so, the Beacon Orthopaedic Research & Education Foundation plays a crucial role in the continuous growth and development of the orthopaedic field.

Is Beacon Orthopaedic Research & Education Foundation legitimate?

Beacon Orthopaedic Research & Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beacon Orthopaedic Research & Education Foundation 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: $152,149

For more financial information, click here

What is the mission statement of Beacon Orthopaedic Research & Education Foundation?

The Beacon Orthopaedic Research & Education Foundation is committed to supporting scientific research and providing educational facilities in the fields of orthopaedic surgery, physical medicine, rehabilitation, and injury prevention. Their mission is to establish a human cadaver lab and educational space for teaching and demonstrating orthopaedic surgical procedures. The foundation offers fellowships to individuals pursuing a career in orthopaedia, and provides educational opportunities for the public, focusing on injury prevention and proper preparation for physical activities.

Who is the CEO of Beacon Orthopaedic Research & Education Foundation?

Peter Cha Md is the Chairman of Beacon Orthopaedic Research & Education Foundation.

What is the revenue of Beacon Orthopaedic Research & Education Foundation?

Beacon Orthopaedic Research & Education Foundation's revenue in 2022 was $309,297.

Who are the executives of Beacon Orthopaedic Research & Education Foundation and what are their salaries?


Here are 3 key members and their salaries:


Timothy Kremchek Md (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaideep Chunduri Md (Medical Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Cha Md (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Beacon Orthopaedic Research & Education Foundation?

Beacon Orthopaedic Research & Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Beacon Orthopaedic Research & Education Foundation

The Beacon Orthopaedic Research & Education Foundation is committed to supporting scientific research and enhancing educational facilities in the fields of orthopaedic surgery, physical medicine, and rehabilitation, as well as injury prevention. Their mission is twofold: firstly, they provide a human cadaver lab and educational space for the demonstration and teaching of orthopaedic surgical procedures. This facility serves as a valuable resource for medical fellows, offering them the opportunity to gain practical experience and further their careers in orthopaedics. Secondly, the foundation offers educational opportunities for the general public, focusing on injury prevention and the importance of proper preparation for physical activities. By undertaking these initiatives, the Beacon Orthopaedic Research & Education Foundation is making significant contributions to the advancement of orthopaedic medicine and the well-being of individuals engaged in these disciplines.

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Impact




October, 2024

Beacon Orthopaedic Research & Education Foundation significantly enhances the field of orthopaedic surgery, physical medicine, and rehabilitation. By operating a human cadaver lab in Cincinnati, it provides a vital resource for the education and training of medical fellows pursuing careers in orthopaedics. The foundation facilitates hands-on learning experiences, allowing trainees to gain practical skills and insights into advanced surgical procedures.

Additionally, it promotes public education on injury prevention and proper preparation for physical activities, directly impacting community health and safety. Through its commitment to scientific research and educational initiatives, the foundation plays a crucial role in advancing medical knowledge and improving patient care in orthopaedics.




This information is meant to be a general summary of Beacon Orthopaedic Research & Education Foundation. 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
$309,297 (2022)
Expenses
$365,503 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $13,411
  • Gross Receipts: $498,876

Assets and Liabilities:

  • Total Assets: $143,329
  • Total Liabilities: $255,337
  • Net Assets: -$112,008

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Programs

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

WET LAB OPERATIONS

Revenue

$13,411

Organization Details

Founding Year

2009

Principal Officer

Peter Cha Md

Main Address

50 E BUSINESS WAY STE A, CINCINNATI, OH, 45241

NTEE Category

Code: H50 - Medical research

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