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Indiana Institute For Medical Research Inc

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

EIN: 351781809 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Indiana Institute For Medical Research Inc?

The Indiana Institute for Medical Research Inc, situated in Indianapolis, Indiana, is a nonprofit organization with a team of four dedicated individuals. Their primary mission is to support investigators engaged in research projects, in alignment with the educational and research mission of the Richard L. Roudebush VA Medical Center. By doing so, they contribute to the advancement of medical knowledge and potential breakthroughs in healthcare.


Official website here: www.iimr-indy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95%, Four-Star out of Four Stars

The Indiana Institute For Medical Research Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. Their overall score is derived entirely from their accountability metrics, which emphasizes the organization's commitment to transparency and responsible financial management.

One of the notable strengths of the organization is its fully independent board, consisting of eight members, which enhances governance and oversight. Additionally, the institute has received full marks for several key accountability measures, including financial statements oversight, conflict of interest policies, and whistleblower protections. This level of transparency is crucial for donor confidence.

However, while the organization boasts an impressive program expense ratio of 69.43%, indicating that a significant portion of its budget goes towards programs rather than administrative costs, it is essential for potential donors to remain informed about any evolving operational challenges. Overall, the Indiana Institute For Medical Research Inc stands out as a well-managed nonprofit dedicated to its mission.


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

Is Indiana Institute For Medical Research Inc legitimate?

Indiana Institute For Medical Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Institute For Medical Research 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $273,752

For more financial information, click here


Official website here: www.iimr-indy.org

What is the mission statement of Indiana Institute For Medical Research Inc?

The Indiana Institute for Medical Research Inc is dedicated to fostering the research and educational mission of a specific medical center, namely the Richard L. Roudebush VA Medical Center in Indiana. They primarily support investigators engaged in research projects within this medical center. Their objective is to promote and facilitate groundbreaking research and education, contributing to advancements in the medical field.


Official website here: www.iimr-indy.org

Who is the CEO of Indiana Institute For Medical Research Inc?

Timothy Ramsey is the Director of Indiana Institute For Medical Research Inc.


Official website here: www.iimr-indy.org

What is the revenue of Indiana Institute For Medical Research Inc?

Indiana Institute For Medical Research Inc's revenue in 2022 was $1,489,124.


Official website here: www.iimr-indy.org

Who are the executives of Indiana Institute For Medical Research Inc and what are their salaries?

The average compensation at Indiana Institute For Medical Research Inc during 2022 was $68,438. There are 4 employees at Indiana Institute For Medical Research Inc.


Here are 12 key members and their salaries:


David Mathews Md (Director)
  • Compensation: $0
  • Related: $137,944
  • Other: $108,150
David Silver Do (Director)
  • Compensation: $0
  • Related: $133,245
  • Other: $102,045
Suthat Liangpunsakul Md (Director)
  • Compensation: $0
  • Related: $90,220
  • Other: $54,655
Laura Ruzick (Director)
  • Compensation: $0
  • Related: $66,571
  • Other: $22,724
Michael Hershman (Director)
  • Compensation: $0
  • Related: $61,152
  • Other: $13,994
Mary Gray (Executive Di)
  • Compensation: $49,544
  • Related: $0
  • Other: $0
Mary Harden (Chairman/Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Larsen Phd (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Merriweather (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Sharp Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Verhagen (Assoc Dir/Co)
  • Compensation: $129,153
  • Related: $0
  • Other: $0
Timothy Ramsey (Executive Di)
  • Compensation: $33,017
  • Related: $0
  • Other: $0


Official website here: www.iimr-indy.org

Where can I find the form 990 for Indiana Institute For Medical Research Inc?

Indiana Institute For Medical Research Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iimr-indy.org

Learn more at the official website: www.iimr-indy.org

Mission Statement of Indiana Institute For Medical Research Inc

The Indiana Institute for Medical Research Inc is dedicated to advancing the research and educational mission of the Richard L. Roudebush VA Medical Center in Indiana. In essence, its role is to support the needs of researchers engaged in various projects associated with the medical center. By doing so, the institute contributes to the broader pursuit of knowledge and improved healthcare outcomes.

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Impact




October, 2024

The Indiana Institute for Medical Research Inc plays a crucial role in advancing medical research and education at the Richard L. Roudebush VA Medical Center in Indianapolis, Indiana. By supporting researchers and their projects, the Institute fosters an environment that promotes innovative studies and findings that can significantly improve veteran care and medical practices. The efforts of the Institute enhance collaboration among investigators, leading to breakthroughs in understanding and treating various health conditions. Its commitment ensures that cutting-edge research is conducted, ultimately benefiting both veterans and the broader medical community. Through its initiatives, the Indiana Institute for Medical Research Inc helps to shape the future of medical advancements and patient care.




This information is meant to be a general summary of Indiana Institute For Medical Research 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
$1,489,124 (2022)
Expenses
$1,630,771 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $33,397
  • Gross Receipts: $1,489,124

Assets and Liabilities:

  • Total Assets: $2,410,876
  • Total Liabilities: $171,618
  • Net Assets: $2,239,258

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Organization Details

Founding Year

1989

Principal Officer

Timothy Ramsey

Main Address

1481 WEST 10TH STREET 151, INDIANAPOLIS, IN, 462022803

NTEE Category

Code: H00J - Medical research

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