Overview
What is Hudson-Alpha Institute For Biotechnology?
The Hudson-Alpha Institute for Biotechnology, based in Huntsville, Alabama, is a renowned nonprofit organization dedicated to charitable biotechnology research and development. With a team of 260 employees, the institute utilizes advanced research tools in the biotechnology field to better understand the causes of certain diseases and develop effective treatments. Their mission extends beyond disease research, as they also engage in various activities to promote biotech growth in Alabama.
Official website here: www.hudsonalpha.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Hudson-Alpha Institute for Biotechnology has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization has a perfect score in most of the evaluated categories, indicating a high level of integrity and transparency in its operations. The accountability score highlights the effectiveness of its independent board and the rigorous oversight of its financial practices.
The majority of the board members are independent, which enhances the organization's governance, ensuring decisions are made in the best interests of the nonprofit's mission. The institute also demonstrates sound financial health, showcased by its low liabilities to assets ratio and a significant portion of its expenses directed towards programs, confirming its focus on impactful initiatives.
However, while the financial metrics are impressive, the summary does not provide insights into the programmatic effectiveness or the specific impact of Hudson-Alpha's initiatives. Potential donors may want to seek further information regarding the outcomes of its programs to gain a comprehensive understanding of its contributions to the field of biotechnology.
This AI summary has been generated from information found on Charity Navigator.
Is Hudson-Alpha Institute For Biotechnology legitimate?
Hudson-Alpha Institute For Biotechnology is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hudson-Alpha Institute For Biotechnology 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: $6,251,264
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,080,247
For more financial information, click here
Official website here: www.hudsonalpha.org
What is the mission statement of Hudson-Alpha Institute For Biotechnology?
The Hudson- Alpha Institute for Biotechnology is dedicated to utilizing advanced research tools in biotechnology to gain a deeper understanding of the causes of certain diseases. Their primary mission revolves around applying the findings of such research to develop new and improved treatments for these diseases. The institute's charitable endeavors encompass various activities intended to support and advance biotech research in Alabama.
Official website here: www.hudsonalpha.org
What is the revenue of Hudson-Alpha Institute For Biotechnology?
Hudson-Alpha Institute For Biotechnology's revenue in 2023 was $61,674,062.
Official website here: www.hudsonalpha.org
Who are the executives of Hudson-Alpha Institute For Biotechnology and what are their salaries?
The average compensation at Hudson-Alpha Institute For Biotechnology during 2023 was $28,090. There are 261 employees at Hudson-Alpha Institute For Biotechnology.
Here are 40 key members and their salaries:
- Compensation: $652,625
- Related: $0
- Other: $29,600
- Compensation: $390,000
- Related: $0
- Other: $29,600
- Compensation: $314,972
- Related: $0
- Other: $29,600
- Compensation: $320,541
- Related: $0
- Other: $12,200
- Compensation: $290,487
- Related: $0
- Other: $27,727
- Compensation: $263,101
- Related: $0
- Other: $29,600
- Compensation: $266,997
- Related: $0
- Other: $11,083
- Compensation: $228,423
- Related: $0
- Other: $21,390
- Compensation: $231,000
- Related: $0
- Other: $9,002
- Compensation: $227,617
- Related: $0
- Other: $9,001
- Compensation: $212,804
- Related: $0
- Other: $20,541
- Compensation: $205,292
- Related: $0
- Other: $7,133
- Compensation: $197,956
- Related: $0
- Other: $7,793
- Compensation: $184,771
- Related: $0
- Other: $7,265
- Compensation: $175,237
- Related: $0
- Other: $15,888
- Compensation: $169,158
- Related: $0
- Other: $16,494
- Compensation: $173,261
- Related: $0
- Other: $6,593
- Compensation: $172,753
- Related: $0
- Other: $6,793
- Compensation: $168,550
- Related: $0
- Other: $6,593
- Compensation: $166,434
- Related: $0
- Other: $6,483
- Compensation: $154,343
- Related: $0
- Other: $12,554
- Compensation: $160,953
- Related: $0
- Other: $5,726
- Compensation: $157,105
- Related: $0
- Other: $6,062
- Compensation: $156,954
- Related: $0
- Other: $6,064
- Compensation: $152,587
- Related: $0
- Other: $6,034
- Compensation: $155,104
- Related: $0
- Other: $2,040
- Compensation: $151,246
- Related: $0
- Other: $5,893
- Compensation: $150,993
- Related: $0
- Other: $5,906
- 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: $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
Official website here: www.hudsonalpha.org
Where can I find the form 990 for Hudson-Alpha Institute For Biotechnology?
Hudson-Alpha Institute For Biotechnology's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hudsonalpha.org
Learn more at the official website: www.hudsonalpha.org
Mission Statement of Hudson-Alpha Institute For Biotechnology
Hudson-Alpha Institute for Biotechnology is a renowned organization dedicated to advancing biotechnology research with a charitable mission. Its primary objective is to harness the power of emerging research tools in biotechnology to gain a deeper understanding of certain diseases and develop effective new treatments. The Institute's mission is multifaceted, encompassing various activities designed to promote biotech research in Alabama.
Hudson-Alpha Institute for Biotechnology is at the forefront of utilizing advanced research tools in biotechnology to unravel the mysteries behind specific diseases and translate the findings into innovative treatments. The Institute's relentless pursuit of knowledge is driven by a commitment to improving health outcomes for individuals affected by these conditions.
Moreover, the Institute's charitable mission extends beyond biomedical research. It is involved in numerous other initiatives aimed at fostering the growth of biotechnology research in Alabama. These efforts contribute to the overall advancement of the field and position Hudson-Alpha Institute for Biotechnology as a key player in the scientific community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Hudson-Alpha Institute for Biotechnology plays a pivotal role in advancing the field of biotechnology, particularly in understanding the genetic and environmental causes of diseases. By harnessing cutting-edge research tools, the institute not only contributes to fundamental scientific knowledge but also directly applies its findings to develop innovative treatments for various health conditions.
Located in Huntsville, Alabama, Hudson-Alpha serves as a catalyst for biotechnology research and development. Through a diverse array of activities, programs, and collaborations, the institute fosters a rich ecosystem that stimulates biotech innovation in the region. Its mission encompasses not only disease research but also the broader objective of enhancing the biotechnology landscape in Alabama, leading to economic growth and improved public health outcomes.
By engaging with researchers, industry partners, and educational institutions, Hudson-Alpha helps to bridge gaps in knowledge and application, ultimately translating scientific discoveries into practical solutions. This commitment to advancing health and science positions the institute as a vital player in both local and global biotechnology efforts.
This information is meant to be a general summary of Hudson-Alpha Institute For Biotechnology. 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 2023.
- Investment Income: $500,243
- Program Service Revenue: $1,949,775
- Gross Receipts: $62,199,627
Assets and Liabilities:
- Total Assets: $226,249,482
- Total Liabilities: $39,181,452
- Net Assets: $187,068,030
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE REVENUE
Revenue
$1,949,775
Organization Details
Founding Year
2004
Principal Officer
Richard Myers
Website
www.hudsonalpha.orgNTEE Category
Code: U99 - Science research
If you are a representative of Hudson-Alpha Institute For Biotechnology and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.