Overview
What is Pierone Research Institute- A Wfhc Initiative Inc?
Pierone Research Institute-A Wfhc Initiative Inc, located in Vero Beach, Florida, is a nonprofit organization primarily focused on conducting research in the fields of HIV/AIDS and infectious diseases. During the COVID-19 pandemic, they received grants from the National Institute of Allergy and Infectious Diseases and the National Institute of Health to study Monoclonal Antibody treatments, leading to several therapeutic treatments receiving Emergency Use Authorizations (EUAs) from the FDA. Their mission is to contribute to patient treatment by carrying out cutting-edge research in these areas.
Official website here: www.wfhcfl.org/clinical-research
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
Pierone Research Institute - A Wfhc Initiative Inc has received a rating of 77%, which classifies it as a Three-Star organization. This rating reflects strong performance in accountability and finance, as it is calculated entirely from a single beacon score. The organization has demonstrated responsible financial management and transparency in its operations.
The charity scored particularly well in various aspects of accountability, such as having no material diversion of assets and maintaining key policies like conflict of interest, whistleblower, and document retention policies. Its financial ratios are also impressive, with a program expense ratio of 83.28%, indicating that a significant portion of its budget is directed toward its programs rather than administrative costs.
However, while the charity excels in accountability and finance, it is essential for potential donors and stakeholders to consider how it performs in other areas, such as program effectiveness and community impact, which are not detailed in the current data. Overall, Pierone Research Institute presents itself as a reliable organization, though further insights into its mission delivery may be beneficial.
This AI summary has been generated from information found on Charity Navigator.
Is Pierone Research Institute- A Wfhc Initiative Inc legitimate?
Pierone Research Institute- A Wfhc Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pierone Research Institute- A Wfhc Initiative 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: $206,583
For more financial information, click here
Official website here: www.wfhcfl.org/clinical-research
What is the mission statement of Pierone Research Institute- A Wfhc Initiative Inc?
The Pierone Research Institute, an initiative under Wfhc, is committed to conducting extensive research on HIV/AIDS and various infectious diseases. Their primary goal is to contribute to the development of effective treatments for patients affected by these diseases. During the COVID-19 pandemic, the institute received grants from the National Institute of Allergy and Infectious Diseases and the National Institute of Health, which enabled them to conduct research on Monoclonal Antibody treatments. As a result, several of these therapeutic treatments were granted Emergency Use Authorizations (EUAs) by the FDA.
Official website here: www.wfhcfl.org/clinical-research
Who is the CEO of Pierone Research Institute- A Wfhc Initiative Inc?
Stevan Trooboff is the Secretarydirector of Pierone Research Institute- A Wfhc Initiative Inc.
Official website here: www.wfhcfl.org/clinical-research
What is the revenue of Pierone Research Institute- A Wfhc Initiative Inc?
Pierone Research Institute- A Wfhc Initiative Inc's revenue in 2022 was $687,023.
Official website here: www.wfhcfl.org/clinical-research
Who are the executives of Pierone Research Institute- A Wfhc Initiative Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $201,815
- Other: $46,220
- Compensation: $0
- Related: $69,020
- Other: $41,720
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wfhcfl.org/clinical-research
Where can I find the form 990 for Pierone Research Institute- A Wfhc Initiative Inc?
Pierone Research Institute- A Wfhc Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wfhcfl.org/clinical-research
Learn more at the official website: www.wfhcfl.org/clinical-research
Mission Statement of Pierone Research Institute- A Wfhc Initiative Inc
The Pierone Research Institute, an initiative of Wfhc, is committed to conducting extensive research on HIV/AIDS and various infectious diseases. Their primary objective is to contribute to the advancement of patient treatment in these areas. During the onset of the COVID-19 pandemic, the institute received funding from the National Institute of Allergy and Infectious Diseases and the National Institute of Health. Utilizing these grants, Pierone Research Institute conducted groundbreaking research on Monoclonal Antibody treatments. Their efforts culminated in the Food and Drug Administration granting Emergency Use Authorizations (EUAs) for several of these therapeutic treatments. This significant achievement underscores the institute's dedication to improving patient care and combating infectious diseases.
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Impact
July, 2024
Pierone Research Institute- A Wfhc Initiative Inc's impact is significant in the field of medical research, particularly in the realms of HIV/AIDS and infectious diseases. During the onset of the COVID-19 pandemic, the institute received grants from prestigious organizations like the National Institute of Allergy and Infectious Diseases and the National Institute of Health. This funding enabled them to conduct vital research on Monoclonal Antibody treatments for COVID-19. Their contributions led to the FDA granting Emergency Use Authorizations (EUAs) for many of these therapeutic treatments, potentially saving numerous lives. Through their dedicated work, Pierone Research Institute is actively contributing to the advancement of medical knowledge and the development of treatments for critical health challenges.
This information is meant to be a general summary of Pierone Research Institute- A Wfhc Initiative 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: $44
- Program Service Revenue: $497,137
- Gross Receipts: $687,023
Assets and Liabilities:
- Total Assets: $649,704
- Total Liabilities: $144,466
- Net Assets: $505,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Research Income
Revenue
$482,137
Speaker Fees
Revenue
$15,000
Organization Details
Founding Year
2020
Principal Officer
Stevan Trooboff
Main Address
829 18th Street, Vero Beach, FL, 32960
NTEE Category
Code: H81 - Medical research
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