Fund For Medical Research And Education

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

EIN: 382319524 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

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Overview

What is Fund For Medical Research And Education?

The Fund for Medical Research and Education is a nonprofit organization situated in Detroit, Michigan. Their primary mission is to support the Wayne State University School of Medicine and its faculty, aiding them in achieving their primary objectives of conducting groundbreaking research, providing quality education, and delivering patient care. By doing so, they aim to enhance the recruitment and retention of top-tier medical faculty. Their efforts contribute significantly to the field of medicine, driving innovation and advancing healthcare knowledge.

Is Fund For Medical Research And Education legitimate?

Fund For Medical Research And Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund For Medical Research And Education 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: $0

For more financial information, click here

What is the mission statement of Fund For Medical Research And Education?

The Fund for Medical Research and Education's mission is to aid the Wayne State University School of Medicine and its faculty in achieving their primary objectives of research, education, and patient care. The organization's goal is to enhance the recruitment and retention of top-tier medical faculty. Their activities primarily focus on supporting general and departmental medical research and education.

Who is the CEO of Fund For Medical Research And Education?

Thane Peterson is the Board Member of Fund For Medical Research And Education.

What is the revenue of Fund For Medical Research And Education?

Fund For Medical Research And Education's revenue in 2022 was $8,438,786.

Who are the executives of Fund For Medical Research And Education and what are their salaries?


Here are 28 key members and their salaries:


Brian Barnhill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian O'Neil Md (Board Member)
  • Compensation: $0
  • Related: $455,552
  • Other: $61,339
Darius Mehregan Md (Board Member)
  • Compensation: $0
  • Related: $158,876
  • Other: $22,831
David Rosenberg Md (Board Member)
  • Compensation: $0
  • Related: $837,098
  • Other: $73,539
Donald Weaver Md (Board Member)
  • Compensation: $0
  • Related: $516,186
  • Other: $55,376
Herman Gray Md (Board Member)
  • Compensation: $0
  • Related: $534,527
  • Other: $45,228
Ho-Sheng Lin Md (Board Member)
  • Compensation: $0
  • Related: $1,130,757
  • Other: $61,589
Jinping Xu Md (Board Member Interim)
  • Compensation: $0
  • Related: $328,547
  • Other: $40,045
Joseph Uberti Md (Board Member Eff 7/1/22)
  • Compensation: $0
  • Related: $440,745
  • Other: $55,036
Jun Li Md (Board Member)
  • Compensation: $0
  • Related: $353,498
  • Other: $27,673
Mark Gaffney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Juzych Md Mhsa (Board Member)
  • Compensation: $0
  • Related: $838,000
  • Other: $49,566
Michael L Cher Md (Board Member)
  • Compensation: $0
  • Related: $531,423
  • Other: $66,025
Rafic Beydoun Md (Board Member Interim Eff 4/1/22)
  • Compensation: $0
  • Related: $310,216
  • Other: $32,536
Safwan Badr Md (Board Member)
  • Compensation: $0
  • Related: $521,704
  • Other: $58,396
Samuel Johnson Md (Board Member)
  • Compensation: $0
  • Related: $36,279
  • Other: $0
Sonia Eden Md (Board Member Interim)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Berry Md (Board Member Interim)
  • Compensation: $0
  • Related: $367,596
  • Other: $71,979
Stephen Lanier Phd (Vice President/Board Member)
  • Compensation: $0
  • Related: $415,705
  • Other: $71,003
Wael Sakr Md (President/Chair Eff 5/16/22)
  • Compensation: $0
  • Related: $602,645
  • Other: $69,628
Gerold Bepler Md (Board Member Thru 9/4/22)
  • Compensation: $0
  • Related: $207,378
  • Other: $49,507
Rebecca Cooke (Board Member Thru 10/2/21)
  • Compensation: $0
  • Related: $437,397
  • Other: $31,116
Mark Schweitzer Md Mhsa (President/Chair Thru 5/15/22)
  • Compensation: $0
  • Related: $777,979
  • Other: $115,949
Janice Timchuck (Secretary)
  • Compensation: $0
  • Related: $112,136
  • Other: $33,865
Thane Peterson Mpa (Treasurer/Cfo)
  • Compensation: $0
  • Related: $173,563
  • Other: $35,503
Douglas Skrzyniarz (Former Treasurer)
  • Compensation: $0
  • Related: $116,325
  • Other: $33,658
Jack Sobel Md (Former President/Chair)
  • Compensation: $0
  • Related: $365,676
  • Other: $44,870
Natasha Weathers (Former Cfo)
  • Compensation: $0
  • Related: $154,307
  • Other: $30,305
Where can I find the form 990 for Fund For Medical Research And Education?

Fund For Medical Research And Education's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fund For Medical Research And Education

The Fund for Medical Research and Education is committed to supporting the Wayne State University School of Medicine and its faculty in achieving their primary objectives of research, education, and associated patient care. Its mission is to enhance the recruitment and retention of high-caliber medical faculty within the school, thereby contributing to its overall growth and success. In essence, the Fund aims to facilitate general and departmental medical research and education at the Wayne State University School of Medicine.

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Impact




October, 2024

The Fund For Medical Research And Education significantly enhances the capabilities of the Wayne State University School of Medicine by supporting its core objectives in research, education, and patient care. By facilitating general and departmental medical research, it plays a crucial role in advancing medical knowledge and innovation. The fund also focuses on the recruitment and retention of top-tier medical faculty, ensuring that the school attracts and maintains skilled professionals who contribute to high-quality education and cutting-edge research. This support ultimately leads to improved health outcomes for patients and strengthens the medical community in Detroit, MI.




This information is meant to be a general summary of Fund For Medical Research And Education. 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
$8,438,786 (2022)
Expenses
$6,670,146 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $124,890
  • Program Service Revenue: $8,313,896
  • Gross Receipts: $8,438,786

Assets and Liabilities:

  • Total Assets: $38,285,574
  • Total Liabilities: $44,922,806
  • Net Assets: -$6,637,232

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Programs

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

SERVICE AGREEMENT INCO

Revenue

$8,313,896

Organization Details

Founding Year

1979

Principal Officer

Thane Peterson

Main Address

540 E CANFIELD AVE 1241, DETROIT, MI, 48201

NTEE Category

Code: H90 - Medical research

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