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Indiana Biosciences Research Institute Inc

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

EIN: 462882271 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Indiana Biosciences Research Institute Inc?

Indiana Biosciences Research Institute Inc, established in 2013, is a life sciences research organization located in Indianapolis, Indiana. With a focus on addressing underserved areas of public health, such as diabetes, pediatric rare diseases, and Alzheimer's disease, the institute conducts innovative research to discover potential solutions. To foster growth in the biomedical community, the Indiana Biosciences Research Institute attracts talent and industry to the state, aiding in the commercialization of technologies to further economic development. The organization's mission is to become a leading independent research institute, contributing to the improvement of human health. As of the provided information, the institute employs 46 individuals.


Official website here: www.indianabiosciences.org

Is Indiana Biosciences Research Institute Inc legitimate?

Indiana Biosciences Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Biosciences Research Institute 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: $1,076,509
Professional Fundraising Fees: $24,843
Other Salaries and Wages: $3,220,451

For more financial information, click here


Official website here: www.indianabiosciences.org

What is the mission statement of Indiana Biosciences Research Institute Inc?

The Indiana Biosciences Research Institute Inc, established in 2013, aims to become a leading independent research institution in the discovery and development of innovative solutions to improve human health. Focusing on underserved areas such as diabetes, pediatric rare diseases, and Alzheimer's disease, the Institute facilitates the growth of the biomedical community by attracting talent, industry, and aids in the commercialization of technologies to foster further economic development. The Institute's research is dedicated to discovering innovative solutions for these diseases, with more details available in their 2022 annual report.


Official website here: www.indianabiosciences.org

Who is the CEO of Indiana Biosciences Research Institute Inc?

Unavailable The CEO's salary of Indiana Biosciences Research Institute Inc is $418,375 and their total compensation is $559,062.


Official website here: www.indianabiosciences.org

What is the revenue of Indiana Biosciences Research Institute Inc?

Indiana Biosciences Research Institute Inc's revenue in 2022 was $4,098,308.


Official website here: www.indianabiosciences.org

Who are the executives of Indiana Biosciences Research Institute Inc and what are their salaries?

The average compensation at Indiana Biosciences Research Institute Inc during 2022 was $93,412. There are 46 employees and 18 volunteers at Indiana Biosciences Research Institute Inc.


Here are 27 key members and their salaries (Indiana Biosciences Research Institute Inc's CEO's salary is $418,375 and their total compensation is $559,062):


Alan Palkowitz Phd (President & Ceo)
  • Compensation: $418,375
  • Related: $92,338
  • Other: $48,349
Daniel F Evans Jr (Executive Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Burris (Treasurer (Until 12/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Schacht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cristopher Johnston (Director)
  • Compensation: $0
  • Related: $155,020
  • Other: $46,338
Daniel Golden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ingram Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hany Moselhi Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Hess Md (Phd Mhsa, Director)
  • Compensation: $0
  • Related: $1,007,750
  • Other: $335,652
John C Lechleiter Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Custer Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Huber (Vp For University Relations (Partial Year))
  • Compensation: $0
  • Related: $57,288
  • Other: $0
Patricia Martin (Director)
  • Compensation: $0
  • Related: $439,855
  • Other: $73,286
Robert Bernhard Phd (Director)
  • Compensation: $0
  • Related: $495,891
  • Other: $0
Tatiana Foroud Phd (Director)
  • Compensation: $0
  • Related: $553,341
  • Other: $48,749
Theresa Mayer Phd (Director)
  • Compensation: $0
  • Related: $400,716
  • Other: $69,101
Wendy Srnic Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William B Stephan (Director (Until 10/31/22))
  • Compensation: $0
  • Related: $394,134
  • Other: $50,127
John (Jay) M Mcgill Phd (Chief Operating Officer)
  • Compensation: $322,881
  • Related: $0
  • Other: $31,498
Mark Andersen (Chief Financial Officer (Partial Year))
  • Compensation: $136,013
  • Related: $0
  • Other: $15,622
Michele J Sawyer (Chief Financial Officer (Partial Year))
  • Compensation: $124,953
  • Related: $0
  • Other: $5,827
Brian Fillenwarth (Financial Controller)
  • Compensation: $173,750
  • Related: $0
  • Other: $11,992
Daniel Robertson Phd (Research Fellow & Vp Of Digital Technology (Partial Year))
  • Compensation: $134,970
  • Related: $0
  • Other: $16,854
Josine M Van Kley (Vp Of Development And Advancement)
  • Compensation: $222,936
  • Related: $0
  • Other: $25,071
Mary M Mader (Vp Molecular Innovation (Partial Year))
  • Compensation: $219,327
  • Related: $0
  • Other: $24,842
Mustapha Moussaif Phd (Sr Staff Scientist)
  • Compensation: $126,192
  • Related: $0
  • Other: $26,130


Official website here: www.indianabiosciences.org

Where can I find the form 990 for Indiana Biosciences Research Institute Inc?

Indiana Biosciences Research Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.indianabiosciences.org

Learn more at the official website: www.indianabiosciences.org

Mission Statement of Indiana Biosciences Research Institute Inc

Indiana Biosciences Research Institute Inc, an independent life sciences research institution, is committed to becoming a leading entity in the discovery and development of innovative solutions to improve human health. The organization focuses on addressing major underserved areas of public health, specifically diabetes, pediatric rare diseases, and Alzheimer's disease. By facilitating the growth of the biomedical community, attracting talent and industry to the state, and aiding in the commercialization of technologies, Indiana Biosciences Research Institute Inc contributes to further economic development and the betterment of human health. The institute's scientific research aims to discover innovative solutions for these underserved diseases, ultimately improving the quality of life for many individuals. For more details on their program service accomplishments, refer to their annual report available at https://www.indianabiosciences.org/annualreport2022.

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Impact




October, 2024

The Indiana Biosciences Research Institute Inc. (IBRI) plays a significant role in addressing critical public health challenges, particularly in the fields of diabetes, pediatric rare diseases, and Alzheimer's disease. By conducting cutting-edge scientific research, IBRI aims to discover innovative solutions for these underserved health issues.

Founded in 2013, the institute serves as a catalyst for the growth of the biomedical community in Indiana, attracting top talent and fostering collaboration between academic researchers and industry partners. This collaboration not only enhances research capabilities but also aids in the commercialization of new technologies, ultimately contributing to economic development in the region.

IBRI's commitment to improving human health extends beyond research. It actively engages in initiatives that promote scientific innovation and seeks to translate findings into practical solutions that can benefit patients and healthcare systems. By focusing on these high-impact areas, the institute aims to establish itself as a leading independent research entity dedicated to advancing health and well-being.




This information is meant to be a general summary of Indiana Biosciences Research Institute 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.

Revenue
$4,098,308 (2022)
Expenses
$12,874,670 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,764,523
  • Program Service Revenue: $1,195,106
  • Gross Receipts: $69,348,963

Assets and Liabilities:

  • Total Assets: $149,263,304
  • Total Liabilities: $29,016,876
  • Net Assets: $120,246,428

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Programs

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

Research Collaboration

Revenue

$1,183,642

Research Services

Revenue

$11,464

Organization Details

Founding Year

2013

Main Address

1210 Waterway Blvd 2000, Indianapolis, IN, 46202

NTEE Category

Code: U05 - Science research

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