Overview
What is Cure Gm1 Incorporated?
Cure Gm1 Incorporated is a nonprofit organization situated in Albany, California, specifically at 1492 Posen Avenue. Their primary focus is to fund medical research for a rare and debilitating disease known as GM1 Gangliosidosis, which currently lacks a cure or effective treatment beyond symptom management and comfort measures. Despite promising research, the lack of funding is a significant challenge. The organization aims to bring together families affected by this disease and their supporters in an effort to raise funds for a potential cure. Recently, they published a caregiver preferences study and hosted an international virtual GM1 community conference to further their mission. Despite having a small team of one employee, their dedication to finding a solution for GM1 Gangliosidosis is evident.
Official website here: www.curegm1foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Cure Gm1 Incorporated has earned an 81% rating from Charity Navigator, indicating a solid level of accountability and finance management. This score reflects the organization's strong governance practices, such as having a fully independent board and a low liabilities-to-assets ratio, showcasing their financial health and commitment to responsible stewardship of funds.
The organization demonstrates exceptional program efficiency with a program expense ratio of nearly 92%, meaning that the vast majority of its funds are directed towards its mission-related activities. Additionally, the presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention further underscores its commitment to transparency and ethical operation.
While the overall score is commendable, it is important for potential supporters to consider that the rating is based solely on the accountability and finance beacon. There are no additional performance metrics indicated, which may limit insight into the organization's programmatic effectiveness and impact beyond financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Cure Gm1 Incorporated legitimate?
Cure Gm1 Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cure Gm1 Incorporated 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: $41,265
For more financial information, click here
Official website here: www.curegm1foundation.org
What is the mission statement of Cure Gm1 Incorporated?
Cure Gm1 Incorporated is an organization dedicated to raising funds for medical research aimed at finding a cure or effective treatment for GM1 Gangliosidosis, a rare disease with no current remedy beyond symptom management and comfort measures. The organization aims to bring together families affected by this disease and their supporters to mobilize resources for this cause. Promising research in this field exists, but is currently underfunded. By fundraising, Cure Gm1 Incorporated seeks to support and unite this community in the pursuit of a cure for GM1 Gangliosidosis.
Official website here: www.curegm1foundation.org
Who is the CEO of Cure Gm1 Incorporated?
Christine M Waggoner is the Director of Cure Gm1 Incorporated. The CEO's salary of Cure Gm1 Incorporated is $0 and their total compensation is $0.
Official website here: www.curegm1foundation.org
What is the revenue of Cure Gm1 Incorporated?
Cure Gm1 Incorporated's revenue in 2022 was $521,967.
Official website here: www.curegm1foundation.org
Who are the executives of Cure Gm1 Incorporated and what are their salaries?
The average compensation at Cure Gm1 Incorporated during 2022 was $41,265. There is 1 employee at Cure Gm1 Incorporated.
Here are 6 key members and their salaries (Cure Gm1 Incorporated's CEO's salary is $0 and their total compensation is $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.curegm1foundation.org
Where can I find the form 990 for Cure Gm1 Incorporated?
Cure Gm1 Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.curegm1foundation.org
Learn more at the official website: www.curegm1foundation.org
Mission Statement of Cure Gm1 Incorporated
Cure Gm1 Incorporated is an organization dedicated to raising funds for medical research aimed at finding a cure for a rare disease known as GM1 Gangliosidosis. This condition, which currently lacks any treatment besides symptom management and comfort measures, affects numerous individuals and their families. The organization recognizes the existence of promising research in this area, but recognizes the crucial role funding plays in bringing these potential cures to fruition. Cure Gm1 Incorporated's mission is to unite families affected by this disease and their supporters by pooling resources to fund medical breakthroughs, ultimately striving to alleviate the suffering caused by GM1 Gangliosidosis.
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Impact
July, 2024
Cure Gm1 Incorporated is making a significant impact by raising funds for medical research focused on finding a cure for GM1 Gangliosidosis, a rare disease with no current cure or treatment other than comfort measures and symptom management. Their efforts aim to support promising research that lacks funding, bringing hope to families affected by this devastating condition. Through fundraising initiatives and community-building activities, Cure Gm1 Incorporated is working towards uniting families and supporters in pursuit of a cure for GM1 Gangliosidosis.
This information is meant to be a general summary of Cure Gm1 Incorporated. 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 2022.
- Investment Income: $87,260
- Gross Receipts: $521,967
Assets and Liabilities:
- Total Assets: $3,215,700
- Total Liabilities: $941
- Net Assets: $3,214,759
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Organization Details
Founding Year
2014
Phone
(510) 922-3311Principal Officer
Christine M Waggoner
Main Address
1492 POSEN AVE, ALBANY, CA, 94706
Website
www.curegm1foundation.orgNTEE Category
Code: H12 - Medical research
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