Isthmus Project Inc

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

EIN: 832278676 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Isthmus Project Inc?

Isthmus Project Inc is a nonprofit organization located in Madison, Wisconsin, with an address at 600 Highland Ave. Its primary purpose is to support healthcare innovation within its local ecosystem, particularly from UW Health and the UW School of Medicine and Public Health. The organization offers various services to innovators, including connecting them to development resources, providing mentorship on technical development and business planning, and offering funding options and support. The ultimate goal of Isthmus Project Inc is to facilitate the development and translation of innovations and useful technology developed at UW Health and the University of Wisconsin, aiming to improve health and healthcare by preventing and alleviating the effects of disease. The organization works closely with other research institutions and partners to achieve this mission.


Official website here: www.isthmusproject.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87%, Three-Star out of Four Star rating.

Isthmus Project Inc demonstrates a solid level of accountability and finance management, reflected in its high score of 87%. This rating is derived solely from the Accountability & Finance beacon, indicating strong financial practices and transparency. The absence of any material diversion of assets further supports its financial stability.

The organization has implemented several essential governance policies, including a conflict of interest policy and a whistleblower policy, which are indicative of its commitment to ethical practices. However, it has a relatively low percentage of independent board members at 38%, which could be viewed as a limitation in ensuring diverse oversight. Overall, the high program expense ratio of 97.96% suggests that the majority of its funds are directed towards its programs, aligning with its mission.


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

Is Isthmus Project Inc legitimate?

Isthmus Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Isthmus Project 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $468,511

For more financial information, click here


Official website here: www.isthmusproject.com

What is the mission statement of Isthmus Project Inc?

Isthmus Project Inc is established with a mission to aid the University of Wisconsin Hospitals and Clinics Authority, the University of Wisconsin Medical Foundation, and the University of Wisconsin School of Medicine and Public Health. This organization facilitates the development and translation of innovative and beneficial technologies, often in collaboration with other research institutions and partners. The primary goal is to enhance health and healthcare by preventing and alleviating the effects of disease, ultimately improving overall wellbeing.


Official website here: www.isthmusproject.com

Who is the CEO of Isthmus Project Inc?

Elizabeth Hagerman Phd is the President/Chief Innovation Officer of Isthmus Project Inc.


Official website here: www.isthmusproject.com

What is the revenue of Isthmus Project Inc?

Isthmus Project Inc's revenue in 2022 was $75,000.


Official website here: www.isthmusproject.com

Who are the executives of Isthmus Project Inc and what are their salaries?

There 5 volunteers at Isthmus Project Inc.


Here are 15 key members and their salaries:


Kelly Wilson Jd Mba (Secretary)
  • Compensation: $0
  • Related: $828,014
  • Other: $137,942
Thomas Grist Md (Director)
  • Compensation: $0
  • Related: $815,007
  • Other: $59,436
Cherodeep Goswami (Director (As Of 9/1/21))
  • Compensation: $0
  • Related: $704,671
  • Other: $83,976
Beth Drolet Md (Director)
  • Compensation: $0
  • Related: $643,870
  • Other: $58,063
Elizabeth Burnside-Rollins Md Mph (Director)
  • Compensation: $0
  • Related: $538,512
  • Other: $59,436
Manish Shah Md Mph (Director)
  • Compensation: $0
  • Related: $387,441
  • Other: $19,422
Elizabeth Hagerman Phd (President/Chief Innovation Officer)
  • Compensation: $0
  • Related: $341,057
  • Other: $34,529
Richard Moss Phd (Treasurer (Until 6/1/22))
  • Compensation: $0
  • Related: $148,732
  • Other: $0
Thomas Rock Mackie Phd (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Bakken (Director (Until 8/1/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Button (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Casimir Jd Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Kamperschroer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Partsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Zimmerman (Vice President)
  • Compensation: $0
  • Related: $157,504
  • Other: $10,707


Official website here: www.isthmusproject.com

Where can I find the form 990 for Isthmus Project Inc?

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


Official website here: www.isthmusproject.com

Learn more at the official website: www.isthmusproject.com

Mission Statement of Isthmus Project Inc

Isthmus Project Inc, a nonprofit organization, is established with a mission to support the objectives of the University of Wisconsin Hospitals and Clinics Authority, University of Wisconsin Medical Foundation, and the University of Wisconsin School of Medicine and Public Health. Its primary goal is to facilitate the development and translation of innovative technologies and useful solutions that have been developed at UW Health and the University of Wisconsin. This includes collaborations with other research institutions and partners to enhance health and healthcare services. The organization aims to prevent and alleviate the impacts of diseases by utilizing these innovations and technologies, thereby improving overall health outcomes.

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Impact




August, 2024

Isthmus Project Inc's impact lies in its dedicated efforts to support healthcare innovation emerging from the University of Wisconsin ecosystem. By facilitating the development and translation of innovations and useful technology originating from UW Health and the University of Wisconsin, Isthmus Project Inc plays a crucial role in improving health and healthcare outcomes. Through services such as connecting innovators to development resources, providing mentorship on technical development and business planning, and offering funding options and support, Isthmus Project Inc contributes to the prevention and alleviation of the effects of disease. In collaboration with other research institutions and partners, Isthmus Project Inc drives progress in medical research and healthcare solutions.




This information is meant to be a general summary of Isthmus Project 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
$75,000 (2022)
Expenses
$576,005 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $75,000

Assets and Liabilities:

  • Total Assets: $722,797
  • Total Liabilities: $69,056
  • Net Assets: $653,741

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Organization Details

Founding Year

2018

Principal Officer

Elizabeth Hagerman Phd

Main Address

600 Highland Ave, Madison, WI, 53792

NTEE Category

Code: H99 - Medical research

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