Augusta Biomedical Research Corporation

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

EIN: 581857974 ✦ Augusta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Augusta Biomedical Research Corporation?

Augusta Biomedical Research Corporation (ABRC) is a nonprofit organization based in Augusta, Georgia. Its primary mission is to support the research and educational activities of the Department of Veterans Affairs (VA), specifically the Charlie Norwood VA Medical Center. ABRC provides various services to facilitate this mission, including grant application submission and contract negotiation for investigators, fiscal oversight of project funds, and budget monitoring. Furthermore, ABRC manages 35 accounts for 14 members engaged in research across various fields such as cardiology, neurology, dermatology, and oncology. In terms of human resources, ABRC directly hires research staff or reimburses other employers for their employees' time spent on VA-approved research studies. ABRC offers essential payroll services like direct deposit, tax filings, and leave tracking for its employees. Overall, ABRC plays a crucial role in advancing research and education within the VA system in Augusta, Georgia.

Is Augusta Biomedical Research Corporation legitimate?

Augusta Biomedical Research Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Augusta Biomedical Research Corporation 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: $84,813

For more financial information, click here

What is the mission statement of Augusta Biomedical Research Corporation?

The Augusta Biomedical Research Corporation (ABRC) is dedicated to supporting the research and educational missions of various organizations, specifically focusing on the Department of Veterans Affairs and its affiliated medical center. Their primary objective is to facilitate research-related and education-related activities by offering grant application submission services, contract negotiation, and fiscal oversight. ABRC manages a total of 35 accounts for 14 researchers working in various fields such as cardiology, neurology, dermatology, and oncology, among others. Furthermore, ABRC hires research staff directly or reimburses other employers for their employees' time, providing payroll services and handling invoices and payments. Overall, ABRC plays a crucial role in advancing scientific research and education initiatives.

Who is the CEO of Augusta Biomedical Research Corporation?

Wendy B Bollag Phd is the Treasurer of Augusta Biomedical Research Corporation.

What is the revenue of Augusta Biomedical Research Corporation?

Augusta Biomedical Research Corporation's revenue in 2022 was $80,204.

Who are the executives of Augusta Biomedical Research Corporation and what are their salaries?

The average compensation at Augusta Biomedical Research Corporation during 2022 was $42,406. There are 2 employees at Augusta Biomedical Research Corporation.


Here are 6 key members and their salaries:


Robin Jackson Ph D (Statutory Membr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jg Long Mba (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Srinivas Ginjupalli Md (Statutory Membr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy B Bollag Phd (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Hartney Md (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Constance Lavieri-Reynolds Md (Statutory Membr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Augusta Biomedical Research Corporation?

Augusta Biomedical Research Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Augusta Biomedical Research Corporation

Augusta Biomedical Research Corporation (ABRC) is an organization dedicated to supporting the research and education missions of the Department of Veterans Affairs (VA), specifically the Charlie Norwood VA Medical Center. Its mission is to facilitate the success of investigators engaged in research-related activities by offering services such as grant application submission and contract negotiation. ABRC also provides fiscal oversight, ensuring the proper administration of project funds, budget monitoring, and timely financial reporting. The corporation administers a total of 35 accounts, supporting 14 researchers working in various fields, including cardiology, neurology, dermatology, urology, geriatrics, prostate cancer, ophthalmology, and oncology.

In addition to its role in research, ABRC also extends its support to the human resources aspect of these research projects. The corporation directly hires research staff or reimburses other employers for their employees' time spent on VA-approved research studies. When ABRC employs researchers, it offers essential payroll services, including direct deposit, tax filing, unemployment insurance, and leave tracking. When reimbursing other employers, ABRC manages the invoices and payments to ensure the smooth operation of the research projects. In this manner, ABRC plays a significant role in supporting research-related and education-related activities within the VA, thereby contributing to the broader scientific community and advancing medical knowledge.

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Impact




October, 2024

Augusta Biomedical Research Corporation plays a pivotal role in advancing medical research and education within the Department of Veterans Affairs, particularly at the Charlie Norwood VA Medical Center in Augusta, GA. By providing comprehensive support for research-related activities, the organization facilitates grant application submissions and contract negotiations, enabling investigators to focus on their studies rather than administrative burdens.

With oversight of 35 accounts across 14 researchers, ABRC manages a diverse range of scientific inquiries, including cardiology, neurology, dermatology, urology, geriatrics, prostate cancer, ophthalmology, and oncology. This breadth of research not only contributes to scientific advancement but also enhances the potential for improved healthcare outcomes for veterans.

Additionally, ABRC plays a crucial role in human resources administration, ensuring that research staff are effectively hired and compensated for their contributions to VA-approved studies. By offering payroll services and financial management for research initiatives, ABRC enables researchers to maintain focus on their critical work.

In summary, Augusta Biomedical Research Corporation significantly impacts the medical research landscape, fostering innovation and education while directly enhancing the quality of healthcare provided to veterans.




This information is meant to be a general summary of Augusta Biomedical Research Corporation. 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
$80,204 (2022)
Expenses
$152,847 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $389
  • Gross Receipts: $80,204

Assets and Liabilities:

  • Total Assets: $303,534
  • Total Liabilities: $23,432
  • Net Assets: $280,102

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Organization Details

Founding Year

1989

Principal Officer

Wendy B Bollag Phd

Main Address

PO Box 3134, Augusta, GA, 30914

NTEE Category

Code: H90 - Medical research

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