Overview
What is Salem Research Institute Inc?
Salem Research Institute Inc, located at 1970 Roanoke Blvd Room 151-B, Salem, VA 24153, is a 501(c)(3) nonprofit organization dedicated to supporting research and educational activities in conjunction with the Salem VA Veterans Health Care System. The institute collaborates with various parties to explore improved methods for treating various human ailments, focusing particularly on the needs of the veteran population. Their research spans across various medical fields such as cardiology, endocrinology, nephrology, neurology, rheumatology, infectious disease, and pulmonary. Salem Research Institute Inc adheres to all relevant DVA regulations and actively seeks sponsored research and educational program opportunities. The organization currently employs 33 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Salem Research Institute Inc has received a strong rating of 94% from Charity Navigator, indicating a high level of accountability and financial management. This score is based entirely on their performance in the Accountability & Finance category, which reflects the organization's commitment to transparency and ethical governance. The institute has been recognized for having an independent board, with 100% of its board members meeting this criterion.
The organization excels in several key areas, including having no material diversion of assets and maintaining robust financial oversight through an audit and oversight committee. Their policies on conflicts of interest, whistleblowing, and document retention are all well-documented and comply with best practices, contributing to their solid governance framework. Additionally, the program expense ratio is commendable, suggesting that a significant portion of their funding is directed towards their mission-driven activities.
While the financial health indicators are strong, ongoing monitoring of their program impact and outcomes will be essential for maintaining this level of excellence. Overall, Salem Research Institute Inc stands out for its financial integrity and commitment to accountability, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Salem Research Institute Inc legitimate?
Salem Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem Research Institute 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: $1,353,507
For more financial information, click here
What is the mission statement of Salem Research Institute Inc?
The Salem Research Institute Inc., as a 501(c)(3) organization, is committed to supporting research and educational activities in conjunction with the Veterans Affairs Medical Center. It pursues sponsored research and educational program activities, ensuring compliance with all DVA regulations. The institute facilitates biomedical research at the Veterans Health Care System, collaborating with researchers to explore improved methods for treating various human ailments, particularly those beneficial to the veteran population. The institute conducts clinical investigations in various fields, including cardiology, endocrinology, nephrology, neurology, rheumatology, infectious disease, and pulmonary.
What is the revenue of Salem Research Institute Inc?
Salem Research Institute Inc's revenue in 2023 was $1,601,245.
Who are the executives of Salem Research Institute Inc and what are their salaries?
The average compensation at Salem Research Institute Inc during 2023 was $33,012. There are 41 employees and 14 volunteers at Salem Research Institute Inc.
Here are 13 key members and their salaries:
- Compensation: $79,560
- 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
- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Salem Research Institute Inc?
Salem Research Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Salem Research Institute Inc
Salem Research Institute Inc, a 501(c)(3) corporation, is committed to supporting research and educational activities in collaboration with the Salem VA Veterans Health Care System. The institute's mission is to pursue sponsored research and educational program activities, ensuring that all projects adhere to DVA regulations. The primary focus of Salem Research Institute Inc is biomedical research, aiming to discover improved methods for treating various human ailments, particularly those that significantly benefit the veteran population. The institute works in conjunction with its research collaborators to investigate various areas, including cardiology, endocrinology, nephrology, neurology, rheumatology, infectious disease, and pulmonary. By combining their mutual interests, Salem Research Institute Inc strives to contribute to the advancement of medical treatments and improve the lives of those in need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Salem Research Institute Inc's impact can be seen in its facilitation of biomedical research at the Salem VA Health Care System. Through collaborative efforts with research partners, the institute focuses on finding improved methods of treating various human afflictions, with a particular emphasis on benefiting the veteran population. By clinically investigating areas such as cardiology, endocrinology, nephrology, neurology, rheumatology, infectious disease, and pulmonary conditions, Salem Research Institute Inc contributes to advancing medical knowledge and improving healthcare outcomes for veterans and the wider community.
This information is meant to be a general summary of Salem Research Institute 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $79,455
- Program Service Revenue: $1,495,685
- Gross Receipts: $3,839,794
Assets and Liabilities:
- Total Assets: $3,395,735
- Total Liabilities: $19,665
- Net Assets: $3,376,070
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IPA REVENUE
Revenue
$668,887
RESEARCH - GOV'T CONTRACTS
Revenue
$319,896
ADMINISTRATIVE FEES
Revenue
$275,219
RESEARCH
Revenue
$185,742
PHARMACY & IRB FEES
Revenue
$45,941
Organization Details
Founding Year
1991
Principal Officer
Heather Jobe
NTEE Category
Code: H90 - Medical research
If you are a representative of Salem Research Institute Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.