Overview
What is Medstar Health Research Institute?
Medstar Health Research Institute (MHRI) is a research organization affiliated with MedStar Health. Their primary role is to support scientific research that enhances MedStar Health's clinical services and teaching programs in all medical fields. Based on the provided information, MHRI offers scientific, administrative, and regulatory assistance for high-quality translational and health services research. The mission of MHRI is to strengthen MedStar Health's academic platform by conducting rigorous research.
Official website here: www.medstarresearch.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Medstar Health Research Institute has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. The overall score is entirely based on its strong performance in the Accountability & Finance beacon, demonstrating the organization’s commitment to transparency and responsible management of donations.
The organization excels in various areas, including having a majority of independent board members and a robust financial oversight committee. Its financial statements are thoroughly audited, and it has no material diversion of assets, which indicates a high level of operational integrity. Furthermore, the institute has established comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, all contributing to its strong governance practices.
Despite the positive aspects, the summary does not highlight specific areas for improvement or limitations. Overall, the high program expense ratio suggests that a significant portion of its funds is directed towards its programs, indicating a focused mission to deliver impactful results in health research.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Medstar Health Research Institute?
66% of 352 reviewers on Facebook recommend Medstar Health Research Institute. Here is a summary of their reviews:
A key concern highlighted by some users relates to the frequency and method of communication regarding appointment reminders. One reviewer expressed frustration over receiving excessive notifications via calls, emails, and texts, describing it as disruptive during their workday.
While some reviewers appreciate the organization's services, this feedback suggests the need for Medstar Health Research Institute to reassess their communication approach. Balancing timely reminders with user preferences could enhance the overall experience for clients.
This AI summary has been generated from reviews found on Facebook.
Is Medstar Health Research Institute legitimate?
Medstar Health Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medstar Health 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: $1,684,971
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,323,801
For more financial information, click here
Official website here: www.medstarresearch.org
What is the mission statement of Medstar Health Research Institute?
Medstar Health Research Institute serves as the research division of MedStar Health, offering crucial support for scientific inquiry in various fields of medicine. By conducting top-tier translational and health services research, MHRI enhances MedStar Health's clinical offerings and educational programs. The institute's primary goal is to foster innovation and expand knowledge, contributing significantly to the advancement of healthcare. Through its scientific, administrative, and regulatory assistance, MHRI plays a pivotal role in MedStar Health's mission to deliver exceptional patient care and education.
Official website here: www.medstarresearch.org
What is the revenue of Medstar Health Research Institute?
Medstar Health Research Institute's revenue in 2023 was $52,774,409.
Official website here: www.medstarresearch.org
Who are the executives of Medstar Health Research Institute and what are their salaries?
The average compensation at Medstar Health Research Institute during 2023 was $89,222. There are 426 employees and 56 volunteers at Medstar Health Research Institute.
Here are 25 key members and their salaries:
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- Related: $2,499,820
- Other: $60,500
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- Other: $25,238
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- Other: $29,968
- Compensation: $514,369
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- Compensation: $417,484
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- Compensation: $348,453
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- Compensation: $342,522
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- Other: $26,374
- Compensation: $326,416
- Related: $0
- Other: $18,917
Official website here: www.medstarresearch.org
Where can I find the form 990 for Medstar Health Research Institute?
Medstar Health Research Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.medstarresearch.org
Learn more at the official website: www.medstarresearch.org
Mission Statement of Medstar Health Research Institute
Medstar Health Research Institute (MHRI) serves as the research wing of MedStar Health, bolstering its academic platform through the execution of top-tier translational and health services research in various medical fields. Established to support MedStar Health's clinical services and teaching programs, MHRI offers essential scientific, administrative, and regulatory assistance for research projects. In doing so, the institute bridges the gap between lab discoveries and real-world applications, ultimately contributing to advancements in healthcare.
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Impact
October, 2024
MedStar Health Research Institute (MHRI) significantly impacts the medical field through its commitment to high-quality translational and health services research across all areas of medicine. By providing robust scientific, administrative, and regulatory support, MHRI enhances the research capabilities that complement MedStar Health's clinical services and educational programs. This integration of research and clinical practice fosters innovation, improves patient care, and advances medical knowledge, ultimately benefiting the community and the broader healthcare landscape. Through its efforts, MHRI plays a vital role in driving medical advancements and improving outcomes for patients.
This information is meant to be a general summary of Medstar Health 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: $206,019
- Program Service Revenue: $26,596,748
- Gross Receipts: $52,774,409
Assets and Liabilities:
- Total Assets: $46,788,307
- Total Liabilities: $9,702,479
- Net Assets: $37,085,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH INCOME
Revenue
$26,596,748
Organization Details
Founding Year
1963
Principal Officer
Neil Weissman
Website
www.medstarresearch.orgNTEE Category
Code: H90 - Medical research
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