Institute For Life Changing Medicines Inc

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

EIN: 845046384 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Institute For Life Changing Medicines Inc?

The Institute for Life Changing Medicines Inc, based in New York City, is a dedicated nonprofit organization with a mission to revolutionize healthcare. Their primary goal is to eradicate the barriers that hinder the development and distribution of therapies for rare genetic diseases, which are often overlooked by for-profit companies due to commercial viability concerns. The organization aims to develop and provide these life-changing medicines to all patients in need, ensuring no one is left behind in the pursuit of better health. Located at 345 Park Avenue, 12th Floor, in New York, NY 10010, the Institute for Life Changing Medicines Inc is committed to a world where devastating genetic diseases are a thing of the past.


Official website here: www.lifechangingmedicines.org

Is Institute For Life Changing Medicines Inc legitimate?

Institute For Life Changing Medicines Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Life Changing Medicines 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: $0

For more financial information, click here


Official website here: www.lifechangingmedicines.org

What is the mission statement of Institute For Life Changing Medicines Inc?

The Institute for Life Changing Medicines Inc. is dedicated to a mission aimed at developing therapies for genetic diseases that are considered too rare by for-profit, commercial developers, making them commercially unviable. The organization's goal is to provide access to these life-saving treatments to all patients in need, regardless of their ability to pay or location. The Institute's vision is to bring transformative medicines to those suffering from these diseases and eliminate any barriers to their access. By focusing on underserved patient populations, the Institute strives to make a significant impact in the world, ultimately working towards a world free from devastating genetic diseases.


Official website here: www.lifechangingmedicines.org

Who is the CEO of Institute For Life Changing Medicines Inc?

Bryan Sendrowski is the Chairman, Ceo of Institute For Life Changing Medicines Inc. The CEO's salary of Institute For Life Changing Medicines Inc is $0 and their total compensation is $0.


Official website here: www.lifechangingmedicines.org

What is the revenue of Institute For Life Changing Medicines Inc?

Institute For Life Changing Medicines Inc's revenue in 2022 was $143.


Official website here: www.lifechangingmedicines.org

Who are the executives of Institute For Life Changing Medicines Inc and what are their salaries?

There 5 volunteers at Institute For Life Changing Medicines Inc.


Here are 8 key members and their salaries (Institute For Life Changing Medicines Inc's CEO's salary is $0 and their total compensation is $0):


Alexander Karnal (Chairman, Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Wilson Md Phd (Chief Scientific Officer,)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Lea Swain Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monique Molloy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian Harris Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Sendrowski (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anshul Mangal (Chief Strategy Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Atinsky (Chief Operating Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lifechangingmedicines.org

Where can I find the form 990 for Institute For Life Changing Medicines Inc?

Institute For Life Changing Medicines Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lifechangingmedicines.org

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

Mission Statement of Institute For Life Changing Medicines Inc

The Institute for Life Changing Medicines Inc is dedicated to a vision of a world free from devastating genetic diseases. At the heart of its mission is the development of therapies for conditions that for-profit, commercial developers deem too rare and therefore not commercially viable. The organization seeks to break down these barriers and ensure that these life-changing therapies reach all patients in need. Its goal is to bring transformative medicines to individuals suffering from these conditions, thereby making a significant impact on their lives.

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Impact




October, 2024

Institute For Life Changing Medicines Inc is dedicated to developing transformative therapies for individuals suffering from devastating genetic diseases that are often overlooked by commercial developers. The organization focuses on creating access to these vital treatments, ensuring that patients, regardless of their circumstances, can receive the care they need. By addressing diseases deemed too rare for profit-driven enterprises, the Institute is working to eliminate barriers to access, fostering a world where no one is denied treatment due to the commercial viability of their conditions. Their commitment to medical research and development stands to significantly improve the lives of those affected by these genetic disorders, transforming hope into reality for countless patients and their families.




This information is meant to be a general summary of Institute For Life Changing Medicines 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
$143 (2022)
Expenses
$308,147 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $143

Assets and Liabilities:

  • Total Assets: $966,737
  • Total Liabilities: $932,895
  • Net Assets: $33,842

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Organization Details

Founding Year

2020

Principal Officer

Bryan Sendrowski

Main Address

345 PARK AVENUE 12TH FLOOR, NEW YORK, NY, 10010

NTEE Category

Code: H99 - Medical research

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