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Michael Reese Research And Education Foundation

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

EIN: 363761674 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Michael Reese Research And Education Foundation?

The Michael Reese Research and Education Foundation, located in Chicago, Illinois, is a nonprofit organization with a dedicated team of seven individuals. Their primary focus is on conducting medical research, education, and community service in various fields of medicine, such as oncology and cardiovascular research, as well as enhancing healthcare delivery. In addition, they offer an HIV Care program that provides integrated primary and specialized medical care, adherence education, case management, substance abuse services, mental health care, and prevention interventions for individuals living with HIV disease.


Official website here: www.michaelreesefoundation.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

The Michael Reese Research And Education Foundation has received an impressive rating of 96%, indicating a strong commitment to accountability and financial health. This rating is derived entirely from its exceptional performance in the Accountability & Finance category, showcasing a well-governed organization with robust oversight mechanisms in place.

Strengths of the organization include its majority independent board members, with 72% independence, and a strong focus on financial integrity, as evidenced by the absence of any material asset diversions. The foundation has also established comprehensive policies related to conflict of interest, whistleblowing, and document retention, which contribute to transparency and ethical governance.

The foundation's program expense ratio is high at 83.02%, reflecting a commitment to allocating resources effectively towards its mission. Overall, the financial health and governance practices of the Michael Reese Research And Education Foundation position it as a reliable and accountable nonprofit organization.


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

Is Michael Reese Research And Education Foundation legitimate?

Michael Reese Research And Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michael Reese Research And 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: $473,752

For more financial information, click here


Official website here: www.michaelreesefoundation.org

What is the mission statement of Michael Reese Research And Education Foundation?

The Michael Reese Research and Education Foundation is dedicated to conducting medical research, education, and community services in various fields of medicine, such as oncology and cardiovascular research, and healthcare delivery. Its mission is to advance knowledge and improve healthcare outcomes by funding and supporting research projects and educational initiatives in these areas. In addition, the foundation provides integrated primary and specialized care, adherence education, case management, substance abuse services, mental health care, and prevention interventions for individuals living with HIV/AIDS. The foundation aims to contribute to the medical community by fostering advancements in healthcare delivery and patient care.


Official website here: www.michaelreesefoundation.org

Who is the CEO of Michael Reese Research And Education Foundation?

William A Clark is the Executive Director of Michael Reese Research And Education Foundation.


Official website here: www.michaelreesefoundation.org

What is the revenue of Michael Reese Research And Education Foundation?

Michael Reese Research And Education Foundation's revenue in 2022 was $2,875,263.


Official website here: www.michaelreesefoundation.org

Who are the executives of Michael Reese Research And Education Foundation and what are their salaries?

The average compensation at Michael Reese Research And Education Foundation during 2022 was $67,679. There are 7 employees and 10 volunteers at Michael Reese Research And Education Foundation.


Here are 13 key members and their salaries:


William Clarkphd (Executive Director)
  • Compensation: $124,027
  • Related: $0
  • Other: $3,807
Arthur Moswin Md (Director)
  • Compensation: $36,960
  • Related: $0
  • Other: $0
Sandra Wilks Rn (Director)
  • Compensation: $11,400
  • Related: $0
  • Other: $0
William Chamberlin Md (Director, Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Levinson Md (Director, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Schwartzphd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David B Lieb Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric M Fish (Director - Thru 2/14/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Jackson Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark C Shields Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audrey Tatar Mc (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn P Vocelka (Assoc Director)
  • Compensation: $122,923
  • Related: $0
  • Other: $0


Official website here: www.michaelreesefoundation.org

Where can I find the form 990 for Michael Reese Research And Education Foundation?

Michael Reese Research And Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.michaelreesefoundation.org

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

Mission Statement of Michael Reese Research And Education Foundation

The Michael Reese Research and Education Foundation is dedicated to advancing medical research, education, and community service in various medical fields. Specifically, their work encompasses oncology research, cardiovascular research, and improving healthcare delivery. This nonprofit organization's mission is to conduct groundbreaking research and offer educational programs, aiming to make significant strides in these areas of medicine. Additionally, they provide community services, playing a crucial role in addressing medical needs and promoting overall health.

In terms of their specific initiatives, one of their notable programs is their HIV Care program. This program offers comprehensive medical care, including primary and specialized treatments, adherence education, case management, substance abuse services, mental health care, and prevention interventions, targeting individuals living with HIV disease. By providing integrated and multidisciplinary care, the Michael Reese Research and Education Foundation aims to improve the health and well-being of those affected by HIV, demonstrating their commitment to addressing critical healthcare issues.

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Impact




October, 2024

Michael Reese Research and Education Foundation significantly impacts the healthcare landscape through its commitment to advancing medical research, education, and community service. Focusing on areas such as oncology and cardiovascular research, the foundation plays a crucial role in enhancing the understanding and treatment of various medical conditions.

One of its impactful initiatives is the HIV Care Program, which offers comprehensive services to individuals living with HIV. This program integrates primary and multi-specialty care, ensuring patients receive holistic support that includes adherence education, case management, substance abuse services, mental health care, and prevention interventions. By addressing both medical and psychosocial needs, the foundation improves the quality of life for those affected by HIV.

Overall, the foundation’s comprehensive approach fosters better healthcare delivery, promotes education in critical areas of medicine, and supports community well-being, further contributing to advancements in public health.




This information is meant to be a general summary of Michael Reese Research And 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
$2,875,263 (2022)
Expenses
$3,224,652 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$233,234
  • Program Service Revenue: $142,808
  • Gross Receipts: $8,205,435

Assets and Liabilities:

  • Total Assets: $14,498,150
  • Total Liabilities: $3,052,329
  • Net Assets: $11,445,821

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Programs

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

OVER ACCRUAL MGMT FEES

Revenue

$143,689

REIMBURSEMENTS

Revenue

-$881

Organization Details

Founding Year

1991

Principal Officer

William A Clark

Main Address

1339 S WOOD STREET G, CHICAGO, IL, 60608

NTEE Category

Code: H99Z - Medical research

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