Overview
What is Stowers Resource Management Inc?
Stowers Resource Management Inc is a nonprofit organization headquartered in Kansas City, Missouri, dedicated to supporting the mission of Stowers Institute for Medical Research (SIMR). By operating exclusively as a charitable entity, SRM fulfills its purpose of aiding and contributing to SIMR's activities, which focus on conducting fundamental cell and molecular biology research. Through careful financial monitoring, SRM ensures that SIMR can dedicate resources to public-interest medical research. SRM's board makes contributions to SIMR based on identified financial requirements. Overall, Stowers Resource Management plays a crucial role in enabling Stowers Institute for Medical Research to advance scientific discoveries.
Official website here: www.stowers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Stowers Resource Management Inc has received an impressive four-star rating from Charity Navigator, reflecting strong accountability and financial health. The organization scored exceptionally high in the Accountability & Finance category, indicating rigorous standards in governance and transparency. The absence of any material diversion of assets and a solid financial structure further underscore its reliability as a nonprofit.
The organization boasts a high percentage of independent board members and has established various policies, such as conflict of interest and whistleblower protections, enhancing its operational integrity. Its program expense ratio of 95.20% suggests that the majority of its funding goes directly to its programs, which is a strong indicator of effective resource management and commitment to its mission.
While the scores are commendable, it's essential to remain aware that the overall rating is derived from a single beacon score. Prospective donors and stakeholders may want to seek additional information on the organization's programmatic impact and community engagement to gain a fuller picture of its effectiveness beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Stowers Resource Management Inc legitimate?
Stowers Resource Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stowers Resource Management 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: $7,221,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,093,333
For more financial information, click here
Official website here: www.stowers.org
What is the mission statement of Stowers Resource Management Inc?
Stowers Resource Management Inc (SRM) functions as a non-profit organization, dedicated to backing the initiatives of Stowers Institute for Medical Research (SIMR). SRM's primary objective is to support, benefit, and carry out the charitable purposes of its supported organization. By monitoring SIMR's financial requirements, SRM ensures the institute can carry out medical research in the public interest and makes necessary contributions. The contributions are determined by SRM's board, enabling SIMR to advance research in the realm of basic cell and molecular biology.
Official website here: www.stowers.org
Who is the CEO of Stowers Resource Management Inc?
Richard W Brown is the CEO of Stowers Resource Management Inc The CEO's salary of Stowers Resource Management Inc is $2,963,544 and their total compensation is $3,047,243.
Official website here: www.stowers.org
What is the revenue of Stowers Resource Management Inc?
Stowers Resource Management Inc's revenue in 2024 was $157,132,392.
Official website here: www.stowers.org
Who are the executives of Stowers Resource Management Inc and what are their salaries?
The average compensation at Stowers Resource Management Inc during 2024 was $131,575. There are 162 employees and 11 volunteers at Stowers Resource Management Inc.
Here are 29 key members and their salaries (Stowers Resource Management Inc's CEO's salary is $2,963,544 and their total compensation is $3,047,243):
- Compensation: $1,110,953
- Related: $0
- Other: $79,359
- Compensation: $494,387
- Related: $0
- Other: $81,376
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $2,963,544
- Related: $0
- Other: $83,699
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,031,058
- Other: $691,736
- Compensation: $0
- Related: $750,108
- Other: $98,179
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $734,910
- Other: $167,325
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $14,222
- Related: $0
- Other: $3,951
- Compensation: $472,097
- Related: $0
- Other: $86,079
- Compensation: $292,582
- Related: $0
- Other: $77,012
- Compensation: $318,317
- Related: $0
- Other: $66,256
- Compensation: $715,752
- Related: $0
- Other: $73,207
- Compensation: $210,957
- Related: $0
- Other: $63,943
- Compensation: $244,298
- Related: $0
- Other: $59,332
- Compensation: $173,197
- Related: $0
- Other: $39,417
- Compensation: $1,161,799
- Related: $0
- Other: $73,131
- Compensation: $167,133
- Related: $0
- Other: $52,075
- Compensation: $272,494
- Related: $0
- Other: $68,535
- Compensation: $256,250
- Related: $0
- Other: $0
Official website here: www.stowers.org
Where can I find the form 990 for Stowers Resource Management Inc?
Stowers Resource Management Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.stowers.org
Learn more at the official website: www.stowers.org
Mission Statement of Stowers Resource Management Inc
Stowers Resource Management (SRM), a nonprofit organization, plays a crucial role in supporting the activities of Stowers Institute for Medical Research (SIMR). Dedicated to carrying out the purposes of its supported organization, SRM operates exclusively in the realm of charity. SRM's primary function is to monitor the financial needs of SIMR, enabling it to conduct groundbreaking basic cell and molecular biology research in the public interest. Through the careful assessment of SIMR's requirements, SRM makes significant contributions to further the research efforts of the institute. These contributions, determined by SRM's board, are essential to SIMR's mission to make strides in medical research. By fulfilling its charitable purpose through this support, SRM contributes to the broader goal of advancing scientific knowledge and enhancing human health.
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Impact
October, 2024
Stowers Resource Management Inc (SRM) plays a crucial role in advancing medical research by providing financial and operational support to the Stowers Institute for Medical Research (SIMR). By closely monitoring the financial needs of SIMR, SRM ensures that the institute can continue its vital work in basic cell and molecular biology research. This focus on basic scientific inquiry is essential for understanding disease mechanisms and the development of potential treatments.
Through its contributions, SRM helps facilitate innovative research projects that can lead to breakthroughs in various fields of medicine. The impact of this support is significant, as it not only aids in the advancement of scientific knowledge but also promotes public health by addressing diseases through research initiatives. Overall, SRM serves as a catalyst for impactful medical discovery, contributing to the well-being of the broader community in Kansas City and beyond.
This information is meant to be a general summary of Stowers Resource Management 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $117,664,240
- Program Service Revenue: $40,450,210
- Gross Receipts: $259,938,145
Assets and Liabilities:
- Total Assets: $1,809,838,380
- Total Liabilities: $298,067,990
- Net Assets: $1,511,770,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REIMB. FROM SIMR, RELATED 501(C)(3)
Revenue
$39,766,344
REIMB. FROM BVD, RELATED C CORP
Revenue
$630,713
REIMB. FROM GSSIMR, RELATED 501(C)(3)
Revenue
$28,919
REIMB. FROM SPI, RELATED 501(C)(4)
Revenue
$24,234
Organization Details
Founding Year
2005
Principal Officer
Richard W Brown
Website
www.stowers.orgNTEE Category
Code: G11 - Disease
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