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Galen Institute Inc

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

EIN: 541770524 ✦ Paeonian springs, VA ✦ Designated as a 501(c)(3)

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Overview

What is Galen Institute Inc?

Galen Institute Inc, located in Paeonian Springs, Virginia, is a small nonprofit organization with a single employee. Their primary focus is providing analysis and education on healthcare matters, particularly the impact of tax policy on health care issues. They advocate for free-market ideas in health policy, aiming to foster a more informed public debate on topics such as innovation, health freedom, consumer choice, and competition. The institution serves to contribute to a more nuanced understanding of these issues, ultimately influencing health policy decisions.


Official website here: www.galen.org

Is Galen Institute Inc legitimate?

Galen Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Galen 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: $282,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.galen.org

What is the mission statement of Galen Institute Inc?

Galen Institute Inc is committed to advancing free-market ideas in health policy. They strive to foster a more informed public debate on matters related to health care, supporting innovation, health freedom, consumer choice, and competition. The organization's activities primarily involve providing analysis and education on various health care issues, including the impact of tax policy. By doing so, Galen Institute Inc aims to contribute to the development of policies that promote a competitive and patient-centric healthcare system.


Official website here: www.galen.org

What is the revenue of Galen Institute Inc?

Galen Institute Inc's revenue in 2022 was $114,244.


Official website here: www.galen.org

Who are the executives of Galen Institute Inc and what are their salaries?

The average compensation at Galen Institute Inc during 2022 was $282,970. There is 1 employee and 10 volunteers at Galen Institute Inc.

Here are 4 key members and their salaries:


Grace-Marie Turner (President)
  • Compensation: $227,386
  • Related: $0
  • Other: $55,582
Beth Haynes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hoff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Brachman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.galen.org

Where can I find the form 990 for Galen Institute Inc?

Galen Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.galen.org

Learn more at the official website: www.galen.org

Mission Statement of Galen Institute Inc

Galen Institute Inc, a nonprofit organization, is dedicated to advancing free-market ideas in health policy. Their mission is to stimulate a more informed public debate on issues that support innovation, health freedom, consumer choice, and competition in the healthcare sector. They achieve this by providing analysis and public education on various health care matters, including the impact of tax policy on health care issues. In essence, Galen Institute Inc works to promote policies that foster a competitive and patient-centric healthcare system, allowing individuals to make informed decisions about their health care.

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Impact




October, 2024

Galen Institute Inc significantly impacts health policy by advocating for free-market principles and fostering public understanding of complex healthcare issues. Through comprehensive analysis and educational initiatives, the institute generates informed debate around health freedom, consumer choice, and competition. By emphasizing the role of tax policy in healthcare, it helps stakeholders understand how economic factors influence access and innovation in medical care. Their efforts contribute to shaping a healthcare environment that prioritizes market-driven solutions, ultimately benefiting patients and providers by promoting a more competitive and innovative healthcare landscape.




This information is meant to be a general summary of Galen 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.

Revenue
$114,244 (2022)
Expenses
$481,565 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $294
  • Gross Receipts: $114,244

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1995

Principal Officer

Grace-Marie Turner

NTEE Category

Code: H05 - Medical research

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