Overview
What is Van Andel Research Institute?
Van Andel Research Institute is a renowned, independent biomedical research organization based in Grand Rapids, Michigan. With a workforce of 507 dedicated employees, they are committed to enhancing the health and improving the lives of present and future generations through groundbreaking medical research. The institute's focus on epigenetics is noteworthy, and they have made significant strides in their field, as evidenced by their numerous accomplishments (Schedule O provides more details). Their mission extends beyond the lab, making a difference in people's lives.
Official website here: www.vai.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star rating
The Van Andel Research Institute has earned a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The organization demonstrates strong governance with 80% independent board members and has effective financial oversight, highlighted by perfect scores in key areas such as audit and conflict of interest policies.
Strengths of the institute include a solid program expense ratio of 68.11%, which suggests that a significant portion of its funding is directed towards its research initiatives. The organization also maintains good practices in transparency, having its website listed on tax forms and providing accessible board meeting minutes.
While the overall score is commendable, there is room for improvement in the efficiency of program spending. However, the absence of material diversions of assets and comprehensive policies in place are positive indicators of the organization's integrity and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Van Andel Research Institute legitimate?
Van Andel Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Van Andel Research Institute 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: $4,105,624
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,005,351
For more financial information, click here
Official website here: www.vai.org
What is the mission statement of Van Andel Research Institute?
Van Andel Research Institute is a dedicated biomedical research organization, striving to enhance the health and improve the lives of present and future generations. Committed to medical advancements, the institute conducts independent research to make a significant impact on people's lives. They are focused on discovering new knowledge that can lead to innovative treatments and cures. The Department of Epigenetics within the institute has achieved remarkable accomplishments, providing further information about their research successes.
Official website here: www.vai.org
Who is the CEO of Van Andel Research Institute?
David Van Andel is the CEO of Van Andel Research Institute The CEO's salary of Van Andel Research Institute is $621,229 and their total compensation is $851,963.
Official website here: www.vai.org
What is the revenue of Van Andel Research Institute?
Van Andel Research Institute's revenue in 2023 was $340,011,886.
Official website here: www.vai.org
Who are the executives of Van Andel Research Institute and what are their salaries?
The average compensation at Van Andel Research Institute during 2023 was $92,258. There are 554 employees at Van Andel Research Institute.
Here are 16 key members and their salaries (Van Andel Research Institute's CEO's salary is $621,229 and their total compensation is $851,963):
- Compensation: $621,229
- Related: $0
- Other: $230,734
- Compensation: $9,500
- Related: $2,000
- Other: $0
- Compensation: $14,000
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $570,615
- Related: $0
- Other: $199,977
- Compensation: $429,420
- Related: $0
- Other: $141,837
- Compensation: $909,200
- Related: $0
- Other: $313,089
- Compensation: $477,531
- Related: $0
- Other: $145,590
- Compensation: $470,651
- Related: $0
- Other: $158,502
- Compensation: $1,100,527
- Related: $0
- Other: $484,712
- Compensation: $454,273
- Related: $0
- Other: $257,548
- Compensation: $490,598
- Related: $0
- Other: $101,690
- Compensation: $707,489
- Related: $0
- Other: $374,712
- Compensation: $438,778
- Related: $0
- Other: $68,230
Official website here: www.vai.org
Where can I find the form 990 for Van Andel Research Institute?
Van Andel Research Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vai.org
Learn more at the official website: www.vai.org
Mission Statement of Van Andel Research Institute
Van Andel Research Institute, a renowned biomedical research organization, is dedicated to enhancing the health and improving the lives of current and future generations. Committed to medical advancements, this independent research institution focuses on groundbreaking discoveries to make a significant impact on people's lives.
The mission of Van Andel Research Institute is multifaceted and essential. By conducting innovative research, this esteemed organization strives to unlock the mysteries of various diseases and develop new treatments. In doing so, they aim to create a healthier future for all, both now and in the generations to come.
One of the key departments within Van Andel Research Institute is the Department of Epigenetics. Although further information on its accomplishments is available through the "Schedule O" program, it is known that this department plays a crucial role in the institute's overall mission. By exploring the complex interplay of genes and their expression, researchers at the Department of Epigenetics seek to unravel the intricacies of disease development and progression. Their discoveries may pave the way for new therapeutic approaches and more effective treatments.
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Impact
October, 2024
Van Andel Research Institute is dedicated to advancing the field of biomedical research, particularly in the area of epigenetics. Based in Grand Rapids, Michigan, the institute focuses on uncovering the complex mechanisms that govern gene expression and how these processes affect health and disease. Its commitment to improving health outcomes is evident through its innovative research programs aimed at enhancing the lives of both current and future generations. The findings from the institute not only contribute to the scientific community but also have the potential to transform clinical practices, leading to better diagnosis, treatment, and prevention of diseases. Overall, the institute plays a crucial role in driving progress in medical research and improving healthcare on a broader scale.
This information is meant to be a general summary of Van Andel Research Institute. 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: $69,207
- Program Service Revenue: $882,195
- Gross Receipts: $340,344,367
Assets and Liabilities:
- Total Assets: $219,998,295
- Total Liabilities: $264,510,310
- Net Assets: -$44,512,015
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH BILLED REV
Revenue
$882,195
Organization Details
Founding Year
1996
Principal Officer
Timothy J Myers
Website
www.vai.orgNTEE Category
Code: H300 - Medical research
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