Overview
What is Texas Biomedical Research Institute?
The Texas Biomedical Research Institute, located in San Antonio, Texas, is a significant nonprofit organization with a workforce of 488 employees. At its Southwest National Primate Research Center, they provide animals for research projects, not only for Texas Biomed but also for various national institutions. The organization's mission extends beyond just offering resources, as they also conduct their own research to develop animals as tools in studying human diseases. In doing so, Texas Biomed is dedicated to pioneering and disseminating groundbreaking scientific discoveries, safeguarding you, your family, and our global community against the threats posed by infectious diseases.
Official website here: www.txbiomed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating.
The Texas Biomedical Research Institute has received a Three-Star rating from Charity Navigator, indicating a solid yet moderate performance in accountability and finance. The overall score is derived solely from the accountability and finance metrics, which are strong in areas such as board independence and financial oversight. The organization maintains a fully independent board and has a commendable track record in financial integrity, with no material diversion of assets reported.
However, the institute's program expense ratio is notably lower at 53.54%, which may suggest that a smaller portion of its expenses is allocated towards its programs compared to their total expenses. While the organization shows a commitment to good governance practices with comprehensive policies in place, the program expense ratio could be a point of concern for potential donors looking for effective fund utilization in programmatic activities.
Overall, while the Texas Biomedical Research Institute demonstrates significant strengths in financial accountability and governance, the ratio of program expenses may warrant further consideration for those evaluating its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Biomedical Research Institute legitimate?
Texas Biomedical Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Biomedical 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: $2,290,214
Professional Fundraising Fees: $127,500
Other Salaries and Wages: $27,518,153
For more financial information, click here
Official website here: www.txbiomed.org
What is the mission statement of Texas Biomedical Research Institute?
Texas Biomedical Research Institute is at the forefront of discovering and sharing scientific advancements that safeguard individuals and communities from the harmful effects of infectious diseases. Through pioneering research, the institute contributes to the global effort to protect against threats to health and wellbeing. The Southwest National Primate Research Center, affiliated with Texas Biomed, provides animals as valuable resources for research projects at the institute and other national institutions. In addition, the center conducts research in developing animals as tools for studying human diseases. Texas Biomedical Research Institute's mission is to make a significant impact on public health by unlocking the secrets of infectious diseases and offering innovative solutions.
Official website here: www.txbiomed.org
Who is the CEO of Texas Biomedical Research Institute?
Mr Bruce Edwards is the Chairman of Texas Biomedical Research Institute. The CEO's salary of Texas Biomedical Research Institute is $745,070 and their total compensation is $780,435.
Official website here: www.txbiomed.org
What is the revenue of Texas Biomedical Research Institute?
Texas Biomedical Research Institute's revenue in 2022 was $65,045,950.
Official website here: www.txbiomed.org
Who are the executives of Texas Biomedical Research Institute and what are their salaries?
The average compensation at Texas Biomedical Research Institute during 2022 was $61,083. There are 488 employees at Texas Biomedical Research Institute.
Here are 42 key members and their salaries (Texas Biomedical Research Institute's CEO's salary is $745,070 and their total compensation is $780,435):
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Official website here: www.txbiomed.org
Where can I find the form 990 for Texas Biomedical Research Institute?
Texas Biomedical Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.txbiomed.org
Learn more at the official website: www.txbiomed.org
Mission Statement of Texas Biomedical Research Institute
Texas Biomedical Research Institute, or Texas Biomed for short, is a pioneering organization that is making groundbreaking scientific discoveries to safeguard individuals, families, and communities around the world from the looming threat of infectious diseases. The institute is dedicated to advancing research and sharing its findings, contributing significantly to the global fight against infectious diseases.
The Southwest National Primate Research Center, a division of Texas Biomed, plays a crucial role in supporting the research efforts of Texas Biomed and other national institutions. It provides essential animals that serve as valuable resources in human disease research. Furthermore, the center conducts its own research in the development of animals as a research tool to combat various diseases. Texas Biomed's unwavering commitment to scientific advancement and its mission to protect the public from infectious diseases sets it apart as a leading force in the field.
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Impact
October, 2024
Texas Biomedical Research Institute is at the forefront of pioneering scientific breakthroughs aimed at safeguarding individuals and communities against infectious diseases. Located in San Antonio, the institute operates the Southwest National Primate Research Center, which provides essential animal resources for its own research as well as for various national institutes. This unique resource enables researchers to develop new strategies and treatments for human diseases, enhancing our understanding and response to health threats. Through its innovative research initiatives, Texas Biomed plays a crucial role in advancing medical research and improving public health on a global scale.
This information is meant to be a general summary of Texas Biomedical 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 2022.
- Investment Income: $3,406,093
- Program Service Revenue: $4,929,011
- Gross Receipts: $103,389,937
Assets and Liabilities:
- Total Assets: $234,572,359
- Total Liabilities: $97,116,072
- Net Assets: $137,456,287
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH CONTRACTS
Revenue
$4,929,011
Organization Details
Founding Year
1941
Phone
(210) 258-9400Principal Officer
Mr Bruce Edwards
Main Address
PO BOX 760549, SAN ANTONIO, TX, 78245
Website
www.txbiomed.orgNTEE Category
Code: H40 - Medical research
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