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Hennepin Healthcare Research Institute

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

EIN: 411677920 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Hennepin Healthcare Research Institute?

Hennepin Healthcare Research Institute (HHRI) is a Minneapolis-based nonprofit organization comprised of practicing physicians, scientists, and medical professionals dedicated to advancing medical knowledge, reducing disparities, and promoting health equity. Their research focuses on four key areas: acute care/trauma, addiction, health services, and infectious diseases. HHRI's investigators work on innovative clinical research studies related to traumatic brain injury, substance use disorders, dementia, COVID-19, and HIV/AIDS, giving participants access to cutting-edge medical treatments. Additionally, they train the next generation of scientists and medical professionals, inspiring them to carry forward HHRI's mission of enhancing patient care and community health through research and education. With a team of 254 employees, they regularly publish research findings in peer-reviewed journals.


Official website here: www.hhrinstitute.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

Hennepin Healthcare Research Institute has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 92%, indicating a high level of trustworthiness and sound financial practices. The score is solely derived from the Accountability & Finance category, showcasing the institute's commitment to transparency and responsible management of resources.

The organization excels in several key areas, including a fully independent board size and robust financial oversight measures, such as an audit and oversight committee that received full points. Importantly, there have been no reported material diversions of assets, and the institute maintains clear policies regarding conflicts of interest, whistleblower protections, and document retention. These factors contribute to a solid foundation for donor confidence and organizational integrity.

However, one area noted for improvement is the lack of majority independent board members, which could impact the perceived independence of the board's decisions. Despite this, the overall financial health is illustrated by a low liabilities to assets ratio and a high program expense ratio, indicating that the majority of funds are effectively utilized for the organization's mission-driven activities.


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

Is Hennepin Healthcare Research Institute legitimate?

Hennepin Healthcare Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hennepin Healthcare Research Institute 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: $729,679
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,097,682

For more financial information, click here


Official website here: www.hhrinstitute.org/

What is the mission statement of Hennepin Healthcare Research Institute?

The Hennepin Healthcare Research Institute is dedicated to enhancing patient care and community health through rigorous research and education. The institute's team comprises of practicing physicians, scientists, and other medical professionals who leverage their expertise to expand medical knowledge, reduce disparities, and promote health equity. Their research efforts focus on four key areas: acute care/trauma, addiction, health services, and infectious diseases. By participating in HHRI clinical research studies, individuals have access to advanced medical treatments and innovative new therapies. Moreover, the institute is committed to training the next generation of scientists and medical professionals, inspiring them to continue HHRI's mission and improve patient care and community health. The institute's investigators regularly publish their findings in peer-reviewed journals.


Official website here: www.hhrinstitute.org/

Who is the CEO of Hennepin Healthcare Research Institute?

Kirsten Johansen Md is the Principal Officer of Hennepin Healthcare Research Institute.


Official website here: www.hhrinstitute.org/

What is the revenue of Hennepin Healthcare Research Institute?

Hennepin Healthcare Research Institute's revenue in 2022 was $55,810,422.


Official website here: www.hhrinstitute.org/

Who are the executives of Hennepin Healthcare Research Institute and what are their salaries?

The average compensation at Hennepin Healthcare Research Institute during 2022 was $66,249. There are 254 employees and 174 volunteers at Hennepin Healthcare Research Institute.


Here are 24 key members and their salaries:


Derrick Hollings Cpa Inactive (Director/Hhs - Cfo)
  • Compensation: $0
  • Related: $666,721
  • Other: $56,123
Daniel Hoody Md (Director/Hhs - Chief Medical Officer)
  • Compensation: $0
  • Related: $618,033
  • Other: $42,322
Michael Puskarich Md (Director/Physician)
  • Compensation: $0
  • Related: $493,574
  • Other: $52,463
James R Miner Md (Director/Physician (Until 03/31/22))
  • Compensation: $0
  • Related: $465,088
  • Other: $52,458
Ajay Israni Md Ms (President/Investigator)
  • Compensation: $0
  • Related: $356,661
  • Other: $51,979
Theresa Pesch Rn (Hhf - President/Hhs - Vp Philanthropy)
  • Compensation: $0
  • Related: $348,360
  • Other: $55,474
David Gilbertson (Program Co-Director)
  • Compensation: $238,576
  • Related: $0
  • Other: $53,833
Anne Murray Md Ms (Secretary/Treasurer/Investigator (Until 6/30/22))
  • Compensation: $0
  • Related: $230,837
  • Other: $39,728
Jiannong Liu (Director, Analytics)
  • Compensation: $196,642
  • Related: $0
  • Other: $44,088
Jon Snyder Md (Director, Transplant Epidemiology)
  • Compensation: $194,715
  • Related: $0
  • Other: $42,467
Mark Willmert (Hhf/Hhri- Vp Of Finance)
  • Compensation: $174,420
  • Related: $0
  • Other: $40,891
Rachel Nygaard (Director, Surgery Research)
  • Compensation: $173,619
  • Related: $0
  • Other: $43,616
Kim Miller (Vp Of Operations & Chief Operating Officer)
  • Compensation: $168,914
  • Related: $0
  • Other: $39,590
Shuling Li (Epidemiologist & Biostatistician)
  • Compensation: $160,274
  • Related: $0
  • Other: $36,756
Mark Lesage Phd (Director/Investigator)
  • Compensation: $150,356
  • Related: $0
  • Other: $35,293
Warren Mckinney Phd (Director/Vp Of Equity In Research/Investigator)
  • Compensation: $79,360
  • Related: $0
  • Other: $17,308
Connie Delaney Phd Rn Faan Facmi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Rustad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simon Shannon Mba Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prat Verma Mba Ms (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Serafin Samson Mba Ms (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miaja Cassidy Jd Chc Ccep (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard King Md Phd (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Baker Md (Former Vice President/Investigator)
  • Compensation: $0
  • Related: $286,361
  • Other: $53,083


Official website here: www.hhrinstitute.org/

Where can I find the form 990 for Hennepin Healthcare Research Institute?

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


Official website here: www.hhrinstitute.org/

Learn more at the official website: www.hhrinstitute.org/

Mission Statement of Hennepin Healthcare Research Institute

Hennepin Healthcare Research Institute, a renowned institution of medical professionals, is dedicated to enhancing patient care and promoting community health through rigorous research and education. This esteemed organization, comprised of practicing physicians, scientists, and other health experts, is committed to expanding medical knowledge, reducing disparities, and advancing health equity.

The investigators at Hennepin Healthcare Research Institute focus their efforts on four key areas: acute care/trauma, addiction, health services, and infectious diseases. Through their clinical research studies, they provide access to cutting-edge medical treatments for a diverse range of participants, including those with traumatic brain injury, substance use disorders, dementia, COVID-19, and HIV/AIDS. Additionally, these dedicated researchers inspire and mentor the next generation of scientists and medical professionals, instilling in them the mission to continue improving patient care and community health through research and education.

Moreover, Hennepin Healthcare Research Institute's investigators regularly publish their findings in peer-reviewed journals, further solidifying their reputation as trailblazers in medical research. Their commitment to progress and innovation is unwavering, as they continue to push the boundaries of scientific discovery and make a positive impact on the lives of countless individuals.

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Impact




October, 2024

Hennepin Healthcare Research Institute (HHRI) significantly impacts patient care and community health through its dedicated focus on clinical research and education. With a diverse team of practicing physicians, scientists, and medical professionals, HHRI advances medical knowledge, reduces health disparities, and promotes health equity. The institute invests in four primary research areas: acute care and trauma, addiction, health services, and infectious diseases.

By engaging in clinical studies on critical issues such as traumatic brain injury, substance use disorders, dementia, COVID-19, and HIV/AIDS, HHRI provides participants access to innovative medical treatments currently available. Their research not only enhances patient care but also contributes to a deeper understanding of various health conditions, benefiting a broad spectrum of the population.

Moreover, HHRI is committed to training the next generation of healthcare professionals. By inspiring and educating future scientists and medical practitioners, the institute ensures that its mission of improving patient care and community health continues to thrive. Through consistent publication of research findings in peer-reviewed journals, HHRI reinforces its role as a leader in the medical research community, further extending its impact on healthcare practices and policies.




This information is meant to be a general summary of Hennepin Healthcare Research Institute. 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
$55,810,422 (2022)
Expenses
$49,868,509 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,337,044
  • Gross Receipts: $57,372,274

Assets and Liabilities:

  • Total Assets: $64,633,780
  • Total Liabilities: $11,571,060
  • Net Assets: $53,062,720

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Organization Details

Founding Year

1952

Principal Officer

Kirsten Johansen Md

Main Address

701 PARK AVE S2100, MINNEAPOLIS, MN, 55415

NTEE Category

Code: H90 - Medical research

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