Overview
What is The Hektoen Institute Of Medicine?
The Hektoen Institute of Medicine, located in Chicago, Illinois, is a nonprofit organization that manages various clinical research and program demonstration projects for affiliated agencies. Their portfolio encompasses medical and behavioral interventions, clinical trials, cohort, observational, and natural history studies. They focus on innovative, efficient, or effective methods of service delivery, including cost studies on substance abuse integration into primary care models of HIV clinics and projects addressing bioterrorism. The Hektoen Institute acts as the fiscal agent for grants from Cook County, supporting medical research, clinical trials, and pharmaceutical studies.
Official website here: www.hektoen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Hektoen Institute Of Medicine has achieved a high rating of 96% from Charity Navigator, indicating strong performance in accountability and finance. This rating is based on a comprehensive evaluation of the organization's financial practices, showing robust management and transparency, which is crucial for donor trust and engagement.
The institute excels in maintaining an independent board, with 95% of its members being independent, and it has a sizable board of 20 members. Furthermore, it demonstrates excellent oversight with no material diversion of assets, alongside a well-structured audit and oversight committee. The presence of policies for conflict of interest and whistleblower measures further solidifies its commitment to accountability.
However, while the financial statistics are impressive, the summary does not provide additional insights into the organization's direct impact or program effectiveness beyond financial metrics. This limitation suggests that potential donors may want to explore the specifics of the Hektoen Institute's programs and initiatives to fully understand their contributions to the field of medicine.
This AI summary has been generated from information found on Charity Navigator.
Is The Hektoen Institute Of Medicine legitimate?
The Hektoen Institute Of Medicine is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hektoen Institute Of Medicine 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: $404,131
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,922,910
For more financial information, click here
Official website here: www.hektoen.org
What is the mission statement of The Hektoen Institute Of Medicine?
The Hektoen Institute of Medicine serves as the fiscal agent for grants related to medical research, clinical trials, and pharmaceutical studies. It manages various clinical research projects for affiliated agencies, encompassing medical and behavioral interventions and clinical trials, as well as cohort, observational, and natural history studies. The institute's program demonstration projects focus on innovative, cost-effective methods of service delivery. These projects range from cost studies of substance abuse integration into the primary care model of an HIV clinic to initiatives addressing bioterrorism and numerous other projects.
Official website here: www.hektoen.org
Who is the CEO of The Hektoen Institute Of Medicine?
Dr George Dunea is the Principal Officer of The Hektoen Institute Of Medicine. The CEO's salary of The Hektoen Institute Of Medicine is $0 and their total compensation is $0.
Official website here: www.hektoen.org
What is the revenue of The Hektoen Institute Of Medicine?
The Hektoen Institute Of Medicine's revenue in 2022 was $31,693,206.
Official website here: www.hektoen.org
Who are the executives of The Hektoen Institute Of Medicine and what are their salaries?
The average compensation at The Hektoen Institute Of Medicine during 2022 was $36,320. There are 422 employees at The Hektoen Institute Of Medicine.
Here are 28 key members and their salaries (The Hektoen Institute Of Medicine's CEO's salary is $0 and their total compensation is $0):
- Compensation: $181,091
- Related: $0
- Other: $39,257
- Compensation: $173,066
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- Other: $38,776
- Compensation: $172,740
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- Other: $22,809
- Compensation: $161,062
- Related: $0
- Other: $31,227
- Compensation: $146,308
- Related: $0
- Other: $29,916
- Compensation: $134,181
- Related: $0
- Other: $36,442
- Compensation: $132,288
- Related: $0
- Other: $36,329
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Official website here: www.hektoen.org
Where can I find the form 990 for The Hektoen Institute Of Medicine?
The Hektoen Institute Of Medicine's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hektoen.org
Learn more at the official website: www.hektoen.org
Mission Statement of The Hektoen Institute Of Medicine
The Hektoen Institute of Medicine serves as the fiscal agent for grants from Cook County, channeling funds towards medical research, clinical trials, and pharmaceutical studies. In this role, the institute manages various clinical research projects for affiliated agencies. These projects encompass a wide range of medical and behavioral interventions and clinical trials, as well as cohort, observational, and natural history studies. By implementing novel, efficient, or effective methodologies of service delivery, The Hektoen Institute of Medicine's program demonstration projects aim to make a significant impact. These projects span from cost studies of substance abuse integration into the primary care model of an HIV clinic to a diverse set of initiatives addressing bioterrorism and more. Through its commitment to managing grants and spearheading innovative projects, The Hektoen Institute of Medicine plays a pivotal role in advancing medical research and improving healthcare delivery.
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Impact
October, 2024
The Hektoen Institute of Medicine plays a crucial role in advancing medical research and clinical practices through its management of a diverse array of research and demonstration projects. By serving as the fiscal agent for grants connected to Cook County, it facilitates funding for vital medical studies that span a wide spectrum of areas, including both medical and behavioral interventions.
The Institute is instrumental in coordinating clinical trials, observational studies, and various other research activities. These projects not only focus on efficacy and methodological innovation but also address pressing health issues, such as substance abuse integration in primary care and responses to bioterrorism threats.
Through its initiatives, the Hektoen Institute significantly contributes to the development and implementation of novel service delivery models, impacting public health strategies and ultimately enhancing health outcomes in the community. Its work underscores the importance of collaboration in the medical field, ensuring that research findings translate effectively into practical applications for improving patient care and health services.
This information is meant to be a general summary of The Hektoen Institute Of Medicine. 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 2022.
- Investment Income: $322,209
- Program Service Revenue: $20,888,830
- Gross Receipts: $36,517,583
Assets and Liabilities:
- Total Assets: $65,726,936
- Total Liabilities: $20,969,748
- Net Assets: $44,757,188
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT CONTRACTS
Revenue
$19,128,541
MISC PROGRAM REVENUE
Revenue
$1,519,407
GRANT ADMINISTRATION
Revenue
$240,882
Organization Details
Founding Year
1943
Phone
(312) 768-6000Principal Officer
Dr George Dunea
Main Address
1339 S WOOD STREET G, CHICAGO, IL, 60608
Website
www.hektoen.orgNTEE Category
Code: H00 - Medical research
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