Overview
What is Prairie Education & Research Cooperative?
Prairie Education & Research Cooperative is a nonprofit organization situated in Springfield, Illinois. Its primary focus is on conducting medical research in the therapeutic areas of cardiovascular disease, diabetes, and neurological disorders. The cooperative actively engages in Phase I-IV clinical trials, collaborating with device and pharmaceutical companies as an enrolling site. In FY 2022, they participated in 48 cardiovascular trials, 13 diabetes trials, and 8 neurology trials. Beyond clinical trials, Prairie Education & Research Cooperative also offers CEC/DSMB management services to medical device sponsors, ensuring ethical, safe, and reliable trial data. They provided oversight for approximately 8 clinical trials in FY 2022. Additionally, the cooperative provides analysis of angiographic images for clinical research trials sponsored by device or pharmaceutical companies, participating in around 7 trials in FY 2022. With a team of 25 employees, Prairie Education & Research Cooperative is committed to advancing medical knowledge and improving therapies for these critical health conditions.
Official website here: www.prairieresearch.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Prairie Education & Research Cooperative has received a solid Three-Star rating from Charity Navigator, primarily based on its Accountability & Finance score of 81%. This score reflects the organization's financial health and governance practices, emphasizing the importance of transparency and responsible financial management in the nonprofit sector.
The organization demonstrates strengths in several key areas, such as having a conflict of interest policy, a whistleblower policy, and a well-structured audit and oversight committee, all of which contribute positively to its accountability. However, the nonprofit lacks independent board members, which could raise concerns about governance and oversight. Despite these limitations, Prairie Education & Research Cooperative maintains a commendable program expense ratio, signaling effective use of resources toward its mission.
Overall, while the organization shows dedication to maintaining financial accountability, improvements in its board composition could enhance its governance. The presence of robust financial practices indicates that Prairie Education & Research Cooperative is committed to serving its mission effectively, but addressing the governance aspects may further strengthen its operations and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Prairie Education & Research Cooperative legitimate?
Prairie Education & Research Cooperative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prairie Education & Research Cooperative 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: $861,296
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,798,447
For more financial information, click here
Official website here: www.prairieresearch.org
What is the mission statement of Prairie Education & Research Cooperative?
The Prairie Education & Research Cooperative is dedicated to actively and continuously conducting medical research to enhance our understanding of novel treatment methods for cardiovascular diseases, diabetes, and neurological disorders. Their primary focus is on participating in clinical trials, particularly in the fields of cardiovascular, diabetes, and neurology research. They serve as an enrolling site for these trials, which are funded and sponsored by device and pharmaceutical companies. In addition, they manage CEC/DSMB for medical device sponsors, ensuring ethical, safe, and reliable trial conduct. Furthermore, they provide analysis of angiographic images for clinical research trials, contributing to the advancement of medical knowledge in these therapeutic areas.
Official website here: www.prairieresearch.org
Who is the CEO of Prairie Education & Research Cooperative?
Unavailable The CEO's salary of Prairie Education & Research Cooperative is $0 and their total compensation is $1,454,716.
Official website here: www.prairieresearch.org
What is the revenue of Prairie Education & Research Cooperative?
Prairie Education & Research Cooperative's revenue in 2022 was $4,199,666.
Official website here: www.prairieresearch.org
Who are the executives of Prairie Education & Research Cooperative and what are their salaries?
The average compensation at Prairie Education & Research Cooperative during 2022 was $106,390. There are 25 employees and 3 volunteers at Prairie Education & Research Cooperative.
Here are 10 key members and their salaries (Prairie Education & Research Cooperative's CEO's salary is $0 and their total compensation is $1,454,716):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,213,755
- Other: $240,961
- Compensation: $0
- Related: $461,875
- Other: $26,189
- Compensation: $586,492
- Related: $0
- Other: $25,685
- Compensation: $0
- Related: $307,911
- Other: $21,238
- Compensation: $183,453
- Related: $0
- Other: $56,723
- Compensation: $143,998
- Related: $0
- Other: $5,113
- Compensation: $466,380
- Related: $0
- Other: $35,299
Official website here: www.prairieresearch.org
Where can I find the form 990 for Prairie Education & Research Cooperative?
Prairie Education & Research Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prairieresearch.org
Learn more at the official website: www.prairieresearch.org
Mission Statement of Prairie Education & Research Cooperative
Prairie Education & Research Cooperative is dedicated to actively engaging in continuous medical research with the primary aim of expanding the understanding of new modes of therapy for cardiovascular disease, diabetes, and neurological disorders. The organization's mission is to contribute to the medical field by participating in various clinical trials, specifically in the therapeutic areas of cardiovascular, diabetes, and neurology research. They serve as an enrolling site for Phase I-IV trials, sponsored and funded by device and pharmaceutical companies. In FY 2022, they participated in 48 cardiovascular trials, 13 diabetes trials, and 8 neurology trials.
Beyond participating in clinical trials, Prairie Education & Research Cooperative also provides CEC/DSMB management for medical device sponsors. Their role is to ensure the continuing safety of trial subjects and oversee the trial data to ensure compliance with ethical, safe, and reliable trial conduct. In FY 2022, they provided CEC/DSMB management for approximately 8 clinical trials. Furthermore, they offer analysis of angiographic images for clinical research trials sponsored by device or pharmaceutical companies. In FY 2022, they provided angiographic analysis in approximately 7 clinical trials.
In summary, Prairie Education & Research Cooperative is a research-focused organization that contributes to the medical community by participating in clinical trials, providing CEC/DSMB management, and offering angiographic image analysis, all with a focus on cardiovascular disease, diabetes, and neurological disorders.
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Impact
October, 2024
Prairie Education & Research Cooperative significantly impacts medical research by actively engaging in clinical trials that advance the understanding and treatment applications for cardiovascular diseases, diabetes, and neurological disorders. In the fiscal year 2022 alone, the organization participated in approximately 69 clinical trials spanning these critical areas—48 focused on cardiovascular health, 13 on diabetes, and 8 on neurology.
By serving as an enrolling site for Phase I-IV clinical trials, Prairie Education & Research Cooperative plays a crucial role in facilitating research sponsored by pharmaceutical and device companies. Additionally, they provide essential oversight through their Clinical Event Committee (CEC) and Data Safety Monitoring Board (DSMB) management, ensuring that trial sponsors adhere to ethical standards, prioritizing participant safety, and producing reliable data. In the same fiscal year, they managed oversight for around 8 clinical trials, highlighting their commitment to high-quality research practices.
The cooperative also specializes in providing analysis of angiographic images for clinical research, having contributed their expertise to 7 trials in FY 2022. This multifaceted approach underscores their dedication to advancing medical knowledge and therapeutic innovations, ultimately leading to improved health outcomes for individuals affected by these prevalent health conditions.
This information is meant to be a general summary of Prairie Education & Research Cooperative. 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: $50,891
- Program Service Revenue: $3,996,060
- Gross Receipts: $4,199,666
Assets and Liabilities:
- Total Assets: $4,417,610
- Total Liabilities: $415,618
- Net Assets: $4,001,992
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$3,996,060
Organization Details
Founding Year
1984
Phone
(217) 492-9100Main Address
800 E Carpenter Street 62, Springfield, IL, 62769
Website
www.prairieresearch.orgNTEE Category
Code: H43Z - Medical research
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