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Spirovation Inc

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

EIN: 463166721 ✦ Chapel hill, NC ✦ Designated as a 501(c)(3)

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Overview

What is Spirovation Inc?

Spirovation Inc, located in Chapel Hill, North Carolina, is a specialized organization that offers medical and clinical research services to commercial pharmaceutical and biotechnology companies. This nonprofit firm is dedicated to contributing to the advancement of healthcare through rigorous research, collaborating with these industries to develop and test innovative treatments and therapies.


Official website here: www.med.unc

Is Spirovation Inc legitimate?

Spirovation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spirovation 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: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.med.unc

What is the mission statement of Spirovation Inc?

Spirovation Inc's primary role is to offer medical and clinical research services to commercial pharmaceutical and biotechnology companies. This mission is aimed at contributing to the advancement of healthcare and medical knowledge by working closely with these companies. Spirovation Inc's activities focus on conducting research that can lead to the development of new drugs and treatments, thereby contributing to the improvement of human health. The organization's work is instrumental in bridging the gap between research and the practical application of new discoveries in the pharmaceutical industry. By providing these services, Spirovation Inc plays a crucial role in accelerating the process of bringing innovative therapeutic solutions to market.


Official website here: www.med.unc

What is the revenue of Spirovation Inc?

Spirovation Inc's revenue in 2024 was $1,074,263.


Official website here: www.med.unc

Who are the executives of Spirovation Inc and what are their salaries?

There 2 volunteers at Spirovation Inc.

Here are 3 key members and their salaries:


Richard Boucher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Anderson (Clinical Development Officer)
  • Compensation: $20,000
  • Related: $0
  • Other: $0


Official website here: www.med.unc

Where can I find the form 990 for Spirovation Inc?

Spirovation Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.med.unc

Learn more at the official website: www.med.unc

Mission Statement of Spirovation Inc

Spirovation Inc, a prominent entity in the medical and clinical research sector, dedicates its services to commercial pharmaceutical and biotechnology companies. At its core, Spirovation's mission involves providing these companies with essential medical and clinical research services. This role is crucial in advancing the development and approval of new pharmaceutical products and treatments, contributing to the betterment of healthcare globally. By collaborating with leading biotech and pharmaceutical firms, Spirovation Inc plays a pivotal role in driving innovation and scientific progress, ultimately benefiting patients and the healthcare industry as a whole.

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Impact




October, 2024

Spirovation Inc significantly impacts the pharmaceutical and biotechnology sectors by offering specialized medical and clinical research services. Located in Chapel Hill, North Carolina, the organization plays a crucial role in advancing drug development and ensuring the efficacy and safety of new therapies. By collaborating with commercial companies, Spirovation facilitates the design and execution of clinical trials, contributing to the acceleration of innovative treatments that can improve patient outcomes. Their expertise not only enhances research capabilities but also helps in navigating the complex regulatory landscape, ultimately driving progress in healthcare.




This information is meant to be a general summary of Spirovation 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
$1,074,263 (2024)
Expenses
$925,294 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $9
  • Program Service Revenue: $1,074,263
  • Gross Receipts: $1,074,263

Assets and Liabilities:

  • Total Assets: $13,873
  • Total Liabilities: $0
  • Net Assets: $13,873

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Programs

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

PROJECT INCOME

Revenue

$1,074,263

Organization Details

Founding Year

2014

Principal Officer

Wayne Anderson

NTEE Category

Code: H80 - Medical research

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