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Battelle Memorial Institute

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

EIN: 314379427 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Battelle Memorial Institute?

The Battelle Memorial Institute, a nonprofit organization located in Columbus, Ohio, is dedicated to charitable, educational, and scientific pursuits. They are renowned for their operation of seven United States Department of Energy national laboratories, including Brookhaven National Laboratory, Idaho National Laboratory, Los Alamos National Laboratory, National Renewable Energy Laboratory, Oak Ridge National Laboratory, Pacific Northwest National Laboratory, and Savannah River National Laboratory. Battelle Memorial Institute and its affiliates also manage the United States Department of Homeland Security's National Biodefense Analysis and Countermeasures Center. Their work encompasses addressing critical elements of the nation's scientific research agenda, performing basic and applied scientific research, creating scientific knowledge and technical solutions, increasing the availability of clean and abundant energy, restoring and protecting the environment, and contributing to national security. Through these endeavors, Battelle Memorial Institute utilizes science, the scientific method, and research for the benefit and education of mankind.


Official website here: www.battelle.org

What are the reviews and ratings of this charity?

97% Rating from Charity Navigator

Battelle Memorial Institute has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial practices. The organization scored exceptionally well across various beacons, particularly in areas such as financial oversight, governance, and adherence to conflict of interest policies. The rating signifies robust operational transparency, making it a trustworthy option for donors.

One of the key strengths noted in the rating is the composition of Battelle’s board, which consists entirely of independent members. This structure enhances the integrity of decision-making, ensuring that the organization's governance is conducted without conflicts of interest. The institute also demonstrates effective financial management, with a low liabilities-to-assets ratio and a significant portion of its expenses allocated to program activities.

While the organization excels in many areas, the program expense ratio, though high, is slightly below the maximum score, indicating that there could be room for improvement in allocating resources towards direct program services. Nonetheless, overall, Battelle Memorial Institute stands out as a well-managed nonprofit, showing a strong focus on accountability and effective governance.


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

Is Battelle Memorial Institute legitimate?

Battelle Memorial Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Battelle Memorial 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: $21,367,841
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,151,644,527

For more financial information, click here


Official website here: www.battelle.org

What is the mission statement of Battelle Memorial Institute?

The Battelle Memorial Institute is a charitable, educational, and scientific organization dedicated to utilizing science and the scientific method for the betterment of mankind. Through the operation of seven United States Department of Energy national laboratories and an affiliated management contract with the Department of Homeland Security, Battelle and its affiliates contribute to the nation's scientific research agenda, perform basic and applied scientific research, and create scientific knowledge and technical solutions in key areas of science. They aim to increase the availability of clean and abundant energy, restore and protect the environment, engage in educational activities, and contribute to national security.


Official website here: www.battelle.org

Who is the CEO of Battelle Memorial Institute?

Lewis Von Thaer is the CEO of Battelle Memorial Institute The CEO's salary of Battelle Memorial Institute is $4,940,508 and their total compensation is $4,986,931.


Official website here: www.battelle.org

What is the revenue of Battelle Memorial Institute?

Battelle Memorial Institute's revenue in 2023 was $12,464,254,299.


Official website here: www.battelle.org

Who are the executives of Battelle Memorial Institute and what are their salaries?

The average compensation at Battelle Memorial Institute during 2023 was $115,670. There are 44722 employees at Battelle Memorial Institute.

Here are 31 key members and their salaries (Battelle Memorial Institute's CEO's salary is $4,940,508 and their total compensation is $4,986,931):


John K Welch (Chairman And Director To 11/22)
  • Compensation: $185,289
  • Related: $0
  • Other: $0
Sean C O'Keefe (Director)
  • Compensation: $173,443
  • Related: $0
  • Other: $0
Michael J Gasser (Director)
  • Compensation: $161,042
  • Related: $0
  • Other: $0
John C Lechleiter (Director)
  • Compensation: $168,392
  • Related: $0
  • Other: $0
Kirkland H Donald (Chairman And Director From 11/22)
  • Compensation: $168,632
  • Related: $0
  • Other: $0
Stephanie O'Sullivan (Director)
  • Compensation: $153,323
  • Related: $0
  • Other: $0
Suzanne M Vautrinot (Director)
  • Compensation: $153,838
  • Related: $0
  • Other: $0
Vicky A Bailey (Director)
  • Compensation: $166,032
  • Related: $0
  • Other: $0
Stephen D Steinour (Director)
  • Compensation: $160,615
  • Related: $0
  • Other: $0
Wayne Frederick (Director)
  • Compensation: $160,645
  • Related: $0
  • Other: $0
Lewis Von Thaer (President & Ceo)
  • Compensation: $4,940,508
  • Related: $0
  • Other: $46,423
Russell P Austin (Sr Vp, Gen Counsel & Secretary)
  • Compensation: $1,247,151
  • Related: $0
  • Other: -$334,178
Edward Grecco (Executive Vp, Cfo To 05/23)
  • Compensation: $1,302,340
  • Related: $0
  • Other: $52,334
Chris Boynton (Executive Vp, Cfo From 05/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven F Ashby (Sr Vp, Lab Director)
  • Compensation: $955,751
  • Related: $0
  • Other: -$98,492
Patrick F Jarvis (Sr Vp, Marketing & Communications)
  • Compensation: $793,851
  • Related: $0
  • Other: $22,479
Matthew L Vaughan (Executive Vp, As&T)
  • Compensation: $1,425,707
  • Related: $0
  • Other: $47,918
Mark T Peters (Executive Vp, Global Lab Ops)
  • Compensation: $1,259,281
  • Related: $0
  • Other: $51,086
Aimee Kennedy (Sr Vp, Chief Hr Officer)
  • Compensation: $804,533
  • Related: $0
  • Other: $19,014
Thomas E Sharpe (Asst Treasurer & Asst Secr)
  • Compensation: $299,027
  • Related: $0
  • Other: -$207,925
Brian R Smith (Vp & Treasurer)
  • Compensation: $424,464
  • Related: $0
  • Other: -$48,907
Mark D Perrigo (Asst Treas. & Controller To 05/23)
  • Compensation: $375,060
  • Related: $0
  • Other: $44,591
Amy Vertanen (Asst Treas. & Controller From 05/23)
  • Compensation: $442,982
  • Related: $0
  • Other: $22,298
John Wagner (Sr Vp, Lab Director)
  • Compensation: $849,342
  • Related: $0
  • Other: $60,299
George Lecakes (Sr Vp & General Manager)
  • Compensation: $858,756
  • Related: $0
  • Other: -$132,045
Gary Price (Chief Risk Officer)
  • Compensation: $705,015
  • Related: $0
  • Other: $14,398
Michael Schlender (Deputy Lab Director, Cof)
  • Compensation: $701,035
  • Related: $0
  • Other: -$333,718
Anthony Peurrung (Deputy Lab Director)
  • Compensation: $666,740
  • Related: $0
  • Other: -$429,838
Jud W Virden (Assoc Lab Director)
  • Compensation: $657,828
  • Related: $0
  • Other: -$402,126
Ronald D Townsend (Executive Vp, Glb Lab Ops To 01/21)
  • Compensation: $749,259
  • Related: $0
  • Other: $0
Thomas E Mason (Senior Vp 07/17 To 11/17)
  • Compensation: $656,693
  • Related: $0
  • Other: $4


Official website here: www.battelle.org

Where can I find the form 990 for Battelle Memorial Institute?

Battelle Memorial Institute's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.battelle.org

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

Mission Statement of Battelle Memorial Institute

Battelle Memorial Institute, or BMI, is a renowned nonprofit organization dedicated to charitable, educational, and scientific pursuits. Its mission is geared towards utilizing science and the scientific method for the betterment and education of mankind. BMI operates seven United States Department of Energy national laboratories: Brookhaven National Laboratory, Idaho National Laboratory, Los Alamos National Laboratory, National Renewable Energy Laboratory, Oak Ridge National Laboratory, Pacific Northwest National Laboratory, and Savannah River National Laboratory. Additionally, a BMI affiliate manages the United States Department of Homeland Security's National Biodefense Analysis and Countermeasures Center. Through these national laboratories, BMI and its affiliates contribute significantly to the nation's scientific research agenda, perform basic and applied scientific research, create scientific knowledge and technical solutions, increase the availability of clean and abundant energy, restore and protect the environment, engage in educational activities, and contribute to national security. By focusing on these key areas, Battelle Memorial Institute continues to make a substantial impact on various aspects of our society.

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Impact




October, 2024

Battelle Memorial Institute significantly influences various domains through its commitment to scientific research and innovation. By operating seven U.S. Department of Energy national laboratories and engaging in key scientific initiatives, Battelle addresses critical challenges in energy, environmental protection, and national security.

The organization plays a vital role in advancing clean and sustainable energy solutions, contributing to the creation of scientific knowledge that fosters technological advancements. Its research efforts not only enhance national security but also support educational initiatives, ensuring that the benefits of scientific discovery are widely shared and understood.

Through its extensive work across multiple fields, Battelle promotes the responsible use of science and technology, ultimately aiming to improve the well-being of humanity and the planet.




This information is meant to be a general summary of Battelle Memorial 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.

Revenue
$12,464,254,299 (2023)
20112012201320142015201620162017201820192020202120222023$0$3.5B$7B$10.5B$14B
Expenses
$12,362,925,805 (2023)
20112012201320142015201620162017201820192020202120222023$0$3.5B$7B$10.5B$14B
Efficiency
201120122013201420152016201620172018201920202021202220230%9%18%27%43%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $24,332,422
  • Program Service Revenue: $1,266,122,303
  • Gross Receipts: $12,465,603,824

Assets and Liabilities:

  • Total Assets: $1,503,032,732
  • Total Liabilities: $606,544,986
  • Net Assets: $896,487,746

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Programs

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

GOVERNMENT CONTRACTS

Revenue

$851,615,186

SCIENTIFIC RESEARCH

Revenue

$414,507,117

Organization Details

Founding Year

1925

Principal Officer

Lewis Von Thaer

Main Address

505 KING AVENUE, COLUMBUS, OH, 432012693

NTEE Category

Code: U200 - Science research

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