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Parkinson Study Group Inc

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

EIN: 465749468 ✦ Charlestown, MA ✦ Designated as a 501(c)(3)

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Overview

What is Parkinson Study Group Inc?

Parkinson Study Group Inc is a distinguished nonprofit organization, comprising medical professionals from various U.S., Canadian, and Puerto Rican medical centers. These professionals specialize in caring for Parkinson's patients and are deeply committed to conducting clinical research related to this condition. The organization's primary focus is on advancing knowledge and treatment options for Parkinson's disease, thereby contributing significantly to the global medical community. While the specific activities and schedule of the group are detailed in a separate document, the core mission remains clear: to leverage the collective expertise of its members to drive progress in Parkinson's research.


Official website here: www.parkinson-study-group.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Star rating)

The Parkinson Study Group Inc has achieved a commendable Three-Star rating, reflecting a strong 87% score primarily based on its accountability and finance practices. This rating indicates that the organization maintains a solid financial foundation with effective oversight, as evidenced by high scores in areas such as financial statements and conflict of interest policies.

Strengths of the organization include a fully independent board size and a robust program expense ratio, which suggests that a significant portion of its funding is directed towards its programs rather than administrative costs. The charity also scores well in audit oversight, showing a commitment to transparency and good governance.

However, there are areas for improvement, such as the absence of independent board members, which could impact the organization's decision-making processes. Additionally, it received a low score in document retention and destruction policies, highlighting a potential gap in operational practices that may need to be addressed to enhance overall governance.


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

Is Parkinson Study Group Inc legitimate?

Parkinson Study Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkinson Study Group 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,333

For more financial information, click here


Official website here: www.parkinson-study-group.org

What is the mission statement of Parkinson Study Group Inc?

The Parkinson Study Group, Inc. is an organization comprised of medical professionals from various U.S., Canadian, and Puerto Rican medical centers. Their primary mission involves being committed to the clinical research of Parkinson's disease, leveraging their expertise in caring for Parkinson patients. Their goal is to advance the understanding and treatment of this neurological disorder. The group is dedicated to improving the lives of those affected by Parkinson's through their research efforts. They collaborate to develop and test new therapies, aiming to enhance the quality of life for Parkinson's patients.


Official website here: www.parkinson-study-group.org

Who is the CEO of Parkinson Study Group Inc?

Michael Schwarzchild is the Executive Director of Parkinson Study Group Inc.


Official website here: www.parkinson-study-group.org

What is the revenue of Parkinson Study Group Inc?

Parkinson Study Group Inc's revenue in 2022 was $898,835.


Official website here: www.parkinson-study-group.org

Who are the executives of Parkinson Study Group Inc and what are their salaries?

The average compensation at Parkinson Study Group Inc during 2022 was $73,333. There is 1 employee at Parkinson Study Group Inc.


Here are 11 key members and their salaries:


Sarah Sperling (Executive Director)
  • Compensation: $91,983
  • Related: $0
  • Other: $5,100
Eric Macklin (Board Member)
  • Compensation: $12,938
  • Related: $0
  • Other: $0
Michael Schwarzchild (Chair)
  • Compensation: $11,715
  • Related: $0
  • Other: $0
Hubert Fernandez (Co-Chair)
  • Compensation: $7,807
  • Related: $0
  • Other: $0
Andrew Siderowf (Board Member)
  • Compensation: $4,983
  • Related: $0
  • Other: $0
Tanya Simuni (Board Member)
  • Compensation: $4,750
  • Related: $0
  • Other: $0
Allison Willis (Board Member)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Joohi Jimenez-Shahed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Casaceli (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Perlmutter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Bwala (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.parkinson-study-group.org

Where can I find the form 990 for Parkinson Study Group Inc?

Parkinson Study Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.parkinson-study-group.org

Learn more at the official website: www.parkinson-study-group.org

Mission Statement of Parkinson Study Group Inc

The Parkinson Study Group, Inc. is composed of skilled physicians and health care professionals hailing from medical centers across the United States, Canada, and Puerto Rico. These individuals are all invested in the care of Parkinson patients and are committed to conducting clinical research related to Parkinson's disease. Their mission is centered around advancing the understanding and treatment of this debilitating condition, leveraging their collective expertise and resources to drive progress in the field.

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Impact




July, 2024

The Parkinson Study Group Inc's impact lies in advancing clinical research for Parkinson's disease. Through the collaboration of physicians and healthcare professionals from various medical centers in the United States, Canada, and Puerto Rico, the group is dedicated to improving the care and treatment of Parkinson's patients. By conducting research and clinical trials, the Parkinson Study Group Inc aims to enhance our understanding of Parkinson's disease and develop innovative approaches for its management. Their work contributes significantly to the advancement of medical knowledge and the improvement of patient outcomes in the field of Parkinson's disease.




This information is meant to be a general summary of Parkinson Study Group 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
$898,835 (2022)
Expenses
$480,686 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $846,446
  • Gross Receipts: $898,835

Assets and Liabilities:

  • Total Assets: $1,102,918
  • Total Liabilities: $17,733
  • Net Assets: $1,085,185

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Programs

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

Project Income

Revenue

$846,446

Organization Details

Founding Year

1986

Principal Officer

Michael Schwarzchild

Main Address

114 16th Street STE 3002, Charlestown, MA, 02129

NTEE Category

Code: G50 - Disease

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