Mccrone Research 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: 362465752 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Mccrone Research Institute Inc?

Mccrone Research Institute Inc, located in Chicago, Illinois, is a nonprofit organization dedicated to delivering exceptional microscopy and microanalytical education and research. Throughout the year, they conduct comprehensive hands-on courses, publish their quarterly journal "The Microscope," engage in research for the U.S. Department of Justice, and host the annual "Inter/Micro" conference on microscopy and related topics, all in line with their charitable educational mission. With a small team of five individuals, Mccrone Research Institute Inc is committed to providing the highest quality education and research in the field of microscopy.


Official website here: www.mcri.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 44%, Zero-Star out of Four Star rating.

The Mccrone Research Institute Inc has received a low rating of 44% from Charity Navigator, primarily due to issues in their Accountability & Finance metrics. While they have a good number of independent board members, the overall financial transparency is lacking, as evidenced by missing financial statements and documentation on their website. This low score suggests potential governance and fiscal management concerns within the organization.

On a positive note, the institute has demonstrated strengths in areas such as having no material diversion of assets and maintaining a conflict of interest policy. However, the absence of a whistleblower policy and inadequate document retention practices raises alarms about the organization's commitment to accountability and ethical standards.

Overall, while Mccrone Research Institute Inc does have some structural strengths, significant gaps in financial transparency and governance policies hinder their performance rating. Prospective donors and supporters should consider these factors carefully before making contributions.


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

Is Mccrone Research Institute Inc legitimate?

Mccrone Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mccrone Research 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: $108,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $227,475

For more financial information, click here


Official website here: www.mcri.org

What is the mission statement of Mccrone Research Institute Inc?

The Mccrone Research Institute Inc's mission is centered around delivering top-notch microscopy and microanalytical education and research. They accomplish this through intensive, hands-on courses and instruction. Throughout the year, the organization conducts numerous such courses, publishes a quarterly journal titled "The Microscope," carries out research for the US Department of Justice, and hosts an annual conference on microscopy and related topics, known as "Inter/Micro." These activities align with the Institute's charitable educational mission.


Official website here: www.mcri.org

Who is the CEO of Mccrone Research Institute Inc?

Gary J Laughlin is the Executive Di of Mccrone Research Institute Inc.


Official website here: www.mcri.org

What is the revenue of Mccrone Research Institute Inc?

Mccrone Research Institute Inc's revenue in 2022 was $556,368.


Official website here: www.mcri.org

Who are the executives of Mccrone Research Institute Inc and what are their salaries?

The average compensation at Mccrone Research Institute Inc during 2022 was $67,264. There are 5 employees at Mccrone Research Institute Inc.


Here are 3 key members and their salaries:


Gary J Laughlin (Executive Di)
  • Compensation: $103,663
  • Related: $0
  • Other: $5,183
Wayne Moorehead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel J Skip Palenik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mcri.org

Where can I find the form 990 for Mccrone Research Institute Inc?

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


Official website here: www.mcri.org

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

Mission Statement of Mccrone Research Institute Inc

Mccrone Research Institute Inc, a renowned organization, is committed to delivering top-notch microscopy and microanalytical education and research. They achieve this goal through intensive, hands-on courses and instruction, providing participants with a comprehensive understanding of these fields. The institute's mission is not just about imparting knowledge but also fostering research in these areas, thereby contributing to the advancement of scientific understanding.

During the year, Mccrone Research Institute Inc fulfills its mission by conducting numerous hands-on courses on microscopy. These courses provide practical, hands-on experience, enabling participants to gain a deep understanding of the subject matter. In addition to its educational activities, the institute also publishes a quarterly journal titled "The Microscope." This publication serves as a platform for sharing research findings and discussions within the microscopy and microanalytical communities.

Beyond its educational and publishing activities, Mccrone Research Institute Inc also conducts research for the US Department of Justice. This collaboration allows the institute to contribute to important investigations and support the legal system with its expertise in microscopy and microanalytical techniques. Furthermore, the institute hosts an annual conference on microscopy and related topics called "Inter/Micro." This event brings together professionals and enthusiasts from various fields, fostering a vibrant exchange of ideas and knowledge.

In conclusion, Mccrone Research Institute Inc's mission is to provide the highest quality microscopy and microanalytical education and research. Through its hands-on courses, publication of "The Microscope," research collaborations, and annual conferences, the institute successfully fulfills this mission while contributing to the scientific community and supporting important investigations.

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Impact




July, 2024

Mccrone Research Institute Inc's impact can be seen in its commitment to providing the highest quality microscopy and microanalytical education and research. Through intensive hands-on courses and instruction, the institute plays a crucial role in advancing knowledge in the field of microscopy. Notably, Mccrone Research Institute conducts numerous hands-on courses, publishes the quarterly journal "The Microscope," conducts research for the US Department of Justice, and hosts the annual conference "Inter/Micro" on microscopy and related topics. These activities contribute significantly to the institute's charitable educational mission and further the understanding and application of microscopy in various fields, including medical research.




This information is meant to be a general summary of Mccrone Research 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
$556,368 (2022)
Expenses
$576,337 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $519
  • Program Service Revenue: $475,106
  • Gross Receipts: $557,993

Assets and Liabilities:

  • Total Assets: $775,000
  • Total Liabilities: $508,915
  • Net Assets: $266,085

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Programs

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

EDUCATIONAL SERVICES

Revenue

$475,106

Organization Details

Founding Year

1960

Principal Officer

Gary J Laughlin

Main Address

2820 S MICHIGAN AVE, CHICAGO, IL, 606163230

NTEE Category

Code: H90 - Medical research

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