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Moody Medical Research Institute

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

EIN: 830744842 ✦ Galveston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Moody Medical Research Institute?

The Moody Medical Research Institute, situated in Galveston, Texas, is a driving force in medical research within the state. Led by Jamie G Williams, the institute collaborates with various affiliate hospitals, such as Children's Health Clinical Operations (known as Children's Medical Center in Dallas), Children's Medical Research Institute at the University of Texas, and the University of Texas Southwestern Medical Center. Their primary objective is to propel medical science forward globally, by executing groundbreaking research. The institute's mission is to push the boundaries of medical knowledge, contributing significantly to the advancement of healthcare.


Official website here: www.moodymedicalresearch.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Moody Medical Research Institute has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is derived solely from the organization's accountability and finance practices, indicating a strong emphasis on transparency and responsible management of funds, particularly in the most recent fiscal year (FY2022).

The organization excels in maintaining an independent board, with 80% of its members being independent, and demonstrates effective governance practices, including the implementation of policies for conflict of interest and whistleblower protection. The institute also reports a solid program expense ratio of 94.29%, suggesting that a significant portion of its expenditures is directed toward its core mission rather than administrative costs.

There are no noted limitations or concerns regarding financial management, as the organization showcases zero material diversion of assets and a perfect liabilities to assets ratio. This strong performance in accountability and finance underscores Moody Medical Research Institute's commitment to maintaining high standards within the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Moody Medical Research Institute legitimate?

Moody Medical Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moody Medical 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: $95,778
Professional Fundraising Fees: $0
Other Salaries and Wages: $487,794

For more financial information, click here


Official website here: www.moodymedicalresearch.org

What is the mission statement of Moody Medical Research Institute?

The Moody Medical Research Institute is committed to propelling the advancement of medical science globally, achieving this through groundbreaking research conducted in collaboration with affiliated hospitals. Their mission is to actively contribute to the ongoing medical research field, aiming to make significant strides in the realm of medical science. The institute is dedicated to pushing the boundaries of knowledge and discovery, ultimately contributing to the betterment of global health.


Official website here: www.moodymedicalresearch.org

Who is the CEO of Moody Medical Research Institute?

Jamie G Williams is the President of Moody Medical Research Institute. The CEO's salary of Moody Medical Research Institute is $95,778 and their total compensation is $232,001.


Official website here: www.moodymedicalresearch.org

What is the revenue of Moody Medical Research Institute?

Moody Medical Research Institute's revenue in 2022 was $1,331,113.


Official website here: www.moodymedicalresearch.org

Who are the executives of Moody Medical Research Institute and what are their salaries?

The average compensation at Moody Medical Research Institute during 2022 was $38,905. There are 15 employees at Moody Medical Research Institute.


Here are 6 key members and their salaries (Moody Medical Research Institute's CEO's salary is $95,778 and their total compensation is $232,001):


Elizabeth Moody (President)
  • Compensation: $0
  • Related: $91,036
  • Other: $0
Frances A Moody-Dahlberg (Treasurer)
  • Compensation: $0
  • Related: $516,178
  • Other: $108,785
Ross R Moody (Secretary)
  • Compensation: $0
  • Related: $91,036
  • Other: $0
Thomas Blackwell Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Moody (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie G Williams (Ceo (From August 2022))
  • Compensation: $95,778
  • Related: $88,651
  • Other: $47,572


Official website here: www.moodymedicalresearch.org

Where can I find the form 990 for Moody Medical Research Institute?

Moody Medical Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.moodymedicalresearch.org

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

Mission Statement of Moody Medical Research Institute

Moody Medical Research Institute, a pioneering organization in medical research, is dedicated to pushing the boundaries of global medical science. Their mission is to actively conduct groundbreaking research in conjunction with affiliated hospitals, such as Children's Health Clinical Operations (operating as Children's Medical Center), Children's Medical Research Institute at the University of Texas, and the University of Texas Southwestern Medical Center. The institute, led by Jamie G. Williams, strives to make significant contributions to the medical field by engaging in continuous and innovative research efforts.

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Impact




July, 2024

Moody Medical Research Institute's impact is groundbreaking as it pioneers medical research in Texas through active collaboration with Affiliate Hospitals, including Children's Health Clinical Operations (dba Children's Medical Center of Dallas). Led by Jamie G Williams and located in Galveston, TX, the Institute's mission is to advance the world's medical science through innovative research initiatives.




This information is meant to be a general summary of Moody Medical 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.

Revenue
$1,331,113 (2022)
Expenses
$2,150,310 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $131,113
  • Gross Receipts: $6,265,291

Assets and Liabilities:

  • Total Assets: $19,561,828
  • Total Liabilities: $0
  • Net Assets: $19,561,828

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Organization Details

Founding Year

2018

Principal Officer

Jamie G Williams

Main Address

2302 Post Office Street 704, Galveston, TX, 77550

NTEE Category

Code: E05 - Health

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