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Van Andel Research Institute

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

EIN: 522000823 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

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

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.

Here are some key statistics you may want to consider:

Executive Compensation: $3,744,359
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,761,181

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?

Timothy J Myers is the Chairman / Ceo of Van Andel Research Institute. The CEO's salary of Van Andel Research Institute is $460,906 and their total compensation is $635,045.


Official website here: www.vai.org

What is the revenue of Van Andel Research Institute?

Van Andel Research Institute's revenue in 2022 was $143,778,282.


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 2022 was $91,727. There are 507 employees and 10 volunteers at Van Andel Research Institute.

Here are 15 key members and their salaries (Van Andel Research Institute's CEO's salary is $460,906 and their total compensation is $635,045):

    Kathy Vogelsang (Chief Investment Officer)
  • Compensation: $777,007
  • Related: $0
  • Other: $577,827

    • Dr Peter Jones (Chief Scientific Officer & Res. Dir.)
  • Compensation: $742,491
  • Related: $0
  • Other: $227,966

    • Ted Heilman (Assoc Direct-Sr. Portfolio Mgr.)
  • Compensation: $458,222
  • Related: $0
  • Other: $388,710

    • Dr Patrik Brundin (Associate Research Director)
  • Compensation: $536,387
  • Related: $0
  • Other: $150,916

    • David Van Andel (Chairman / Ceo) [Trustee/Director]
  • Compensation: $460,906
  • Related: $0
  • Other: $174,139

    • Dr Jana Hall (Chief Operations Officer)
  • Compensation: $471,244
  • Related: $0
  • Other: $157,678

    • Dr Peter Laird (Distinguished Investigator)
  • Compensation: $468,855
  • Related: $0
  • Other: $89,135

    • Gerald Callahan (Chief Strategic Officer)
  • Compensation: $404,818
  • Related: $0
  • Other: $128,718

    • Thomas Curran Jr (General Counsel)
  • Compensation: $407,171
  • Related: $0
  • Other: $114,355

    • Dr Gerd Pfeifer (Sr. Scientific Investigator)
  • Compensation: $405,667
  • Related: $0
  • Other: $56,911

    • Timothy Myers (V.P. & Chief Financial Officer)
  • Compensation: $353,328
  • Related: $0
  • Other: $104,995

    • Dr James Fahner (Trustee)
  • Compensation: $9,000
  • Related: $2,000
  • Other: $0

    • Dr Max Wicha (Trustee)
  • Compensation: $9,000
  • Related: $0
  • Other: $0

    • Dr Michelle Lebeau (Trustee)
  • Compensation: $9,000
  • Related: $0
  • Other: $0

    • Dr Tom Demeester (Trustee)
  • Compensation: $9,000
  • Related: $0
  • Other: $0


  • Official website here: www.vai.org

    Where can I find the form 990 for Van Andel Research Institute?

    The Van Andel Research Institute’s most recent form 990 was submitted in 2022 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.

    Impact

    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.




    Thursday, August 15, 2024

    Van Andel Research Institute is making a significant impact in the field of medical research. Their work is dedicated to improving health and enhancing the lives of current and future generations through their independent biomedical research. Their focus on epigenetics has led to pioneering advancements in understanding and treating various diseases. The institute's contributions in medical research have the potential to revolutionize healthcare practices and benefit society as a whole.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $2,782,256
  • Program Service Revenue: $1,224,115
  • Gross Receipts: $144,043,840

    • Assets and Liabilities:
  • Total Assets: $219,998,295
  • Total Liabilities: $264,510,310
  • Net Assets: -$44,512,015
  • Programs

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

    RESEARCH BILLED REV

    Revenue

    $1,224,115

    Organization Details

    Founding Year

    1996

    Principal Officer

    Timothy J Myers

    Main Address

    333 BOSTWICK AVENUE NE, GRAND RAPIDS, MI, 49503

    NTEE Category

    Code: H90 - Medical research

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