Overview
What is Health Research Alliance Inc?
Health Research Alliance Inc, based in Research Triangle Park, North Carolina, is a collaborative organization comprising nonprofit research funders. Their main mission is to maximize the impact of biomedical research on human health. They achieve this by fostering open communication and collaboration among funders and the broader research community, sharing comprehensive data and analysis on nonprofit funding, and providing resources to promote innovative and effective grantmaking. The alliance convenes members' meetings, both in-person and virtually, to facilitate learning and collaboration on various challenging issues within philanthropy and biomedical research. These topics often include diversity, equity, and inclusion, sustainability of the research workforce, and open science, among others. Additionally, they host regional meetings and CEO roundtables, leading to further webinars and resource creation. Recently, they introduced a professional development program for staff at their member organizations to enhance their skills in areas like communication, leadership, and networking.
Official website here: www.healthra.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
Health Research Alliance Inc demonstrates exceptional performance with a perfect score of 100%, indicating a strong emphasis on accountability and finance. The organization has achieved full marks in various areas, including an entirely independent board, robust financial oversight, and well-established policies regarding conflict of interest and whistleblowing. These factors contribute to the organization's credibility and reliability in managing donor funds.
With a program expense ratio of 74.38%, Health Research Alliance Inc allocates a significant portion of its resources directly to its mission-related activities, reflecting a commitment to impactful programming. Additionally, the organization has no reported material diversion of assets, which further enhances its financial integrity.
While the data highlights numerous strengths, there are no noted limitations in the information provided. Overall, the charity's high rating and comprehensive governance practices suggest it is well-positioned to effectively pursue its goals in health research.
This AI summary has been generated from information found on Charity Navigator.
Is Health Research Alliance Inc legitimate?
Health Research Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Health Research Alliance 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: $214,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,444
For more financial information, click here
Official website here: www.healthra.org
What is the mission statement of Health Research Alliance Inc?
The Health Research Alliance (HRA), a collaborative organization of nonprofit research funders, is dedicated to maximizing the impact of biomedical research to improve human health. To accomplish this mission, HRA fosters open communication and collaboration among funders and the broader research community. The organization collects and shares comprehensive data and analysis about nonprofit funding for biomedical research and training. HRA also provides leadership, knowledge, tools, and opportunities to promote innovative and effective grantmaking. Addressing issues that are crucial to accelerating research discovery and its translation is a key focus for HRA. The organization's core values include impact, collaboration, and innovation.
Official website here: www.healthra.org
Who is the CEO of Health Research Alliance Inc?
Maryrose Franko Phd is the Past Chair of Health Research Alliance Inc.
Official website here: www.healthra.org
What is the revenue of Health Research Alliance Inc?
Health Research Alliance Inc's revenue in 2022 was $660,757.
Official website here: www.healthra.org
Who are the executives of Health Research Alliance Inc and what are their salaries?
The average compensation at Health Research Alliance Inc during 2022 was $171,056. There are 2 employees and 50 volunteers at Health Research Alliance Inc.
Here are 15 key members and their salaries:
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- Compensation: $182,249
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- Other: $32,420
Official website here: www.healthra.org
Where can I find the form 990 for Health Research Alliance Inc?
Health Research Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.healthra.org
Learn more at the official website: www.healthra.org
Mission Statement of Health Research Alliance Inc
The Health Research Alliance (HRA) is an organization composed of nonprofit research funders committed to maximizing the impact of biomedical research to improve human health. They aim to achieve this mission by fostering open communication and collaboration among funders and the broader research community, collecting and sharing comprehensive data and analysis about nonprofit funding for biomedical research and training, providing leadership, knowledge, tools, and opportunities to promote innovative and effective grantmaking, and addressing issues that are key to accelerating research discovery and its translation. HRA's core values include impact, collaboration, and innovation. They strive to enable each organization and the research community collectively to enhance the effectiveness of biomedical research, collaborate openly by sharing information, experience, and knowledge, and foster novel approaches to address challenges in biomedical research.
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Impact
July, 2024
Health Research Alliance Inc's impact lies in its commitment to maximizing the impact of biomedical research to improve human health. By convening a diverse and inclusive community of research funders, HRA fosters open communication and collaboration, leading to the sharing of effective practices and tools. Through membership meetings, both in-person and virtual, HRA provides a platform for members to learn from each other, address important issues in philanthropy and the biomedical research sector, and develop innovative strategies for grantmaking.
HRA's focus on collaboration, innovation, and impact enables organizations to enhance the effectiveness of biomedical research collectively. By sharing comprehensive data and analysis, providing leadership, knowledge, tools, and opportunities, and addressing key issues in research discovery and translation, HRA plays a critical role in accelerating progress in the field of medical research. The organization's core values of impact, collaboration, and innovation underscore its dedication to advancing biomedical research for the betterment of human health.
This information is meant to be a general summary of Health Research Alliance 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 2022.
- Investment Income: $4,387
- Gross Receipts: $660,757
Assets and Liabilities:
- Total Assets: $922,553
- Total Liabilities: $27,900
- Net Assets: $894,653
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Organization Details
Founding Year
2005
Phone
(240) 393-2968Principal Officer
Maryrose Franko Phd
Main Address
65 TW ALEXANDER DRIVE 13605, RESEARCH TRIANGLE PARK, NC, 27709
Website
www.healthra.orgNTEE Category
Code: H92 - Medical research
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