Orthopaedic Innovation Technology Center Inc

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

EIN: 871327146 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Orthopaedic Innovation Technology Center Inc?

Orthopaedic Innovation Technology Center Inc is a not-for-profit organization situated in Knoxville, Tennessee. Their primary focus is on conducting research to enhance surgical techniques, improve surgical instruments, refine implant designs, and ultimately better the lives of patients who undergo major orthopedic procedures. By conducting this research, they aim to optimize future orthopedic procedures, increase patient satisfaction, and improve postoperative function. With a small team of dedicated individuals, Orthopaedic Innovation Technology Center Inc is committed to pushing the boundaries of orthopedic surgery and technology.

Is Orthopaedic Innovation Technology Center Inc legitimate?

Orthopaedic Innovation Technology Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orthopaedic Innovation Technology Center 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: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Orthopaedic Innovation Technology Center Inc?

Orthopaedic Innovation Technology Center Inc is dedicated to conducting research aimed at optimizing future orthopaedic procedures and enhancing patient satisfaction and postoperative function. The center's mission is to contribute to the development and enhancement of surgical techniques, surgical instrumentation, implant designs, and patient outcomes, ultimately improving the lives of patients who have undergone or will undergo major orthopaedic procedures. By focusing on research, the center aims to advance the field and offer better solutions for orthopaedic patients.

Who is the CEO of Orthopaedic Innovation Technology Center Inc?

Michael T Lacour is the President of Orthopaedic Innovation Technology Center Inc.

What is the revenue of Orthopaedic Innovation Technology Center Inc?

Orthopaedic Innovation Technology Center Inc's revenue in 2022 was $335,317.

Who are the executives of Orthopaedic Innovation Technology Center Inc and what are their salaries?

The average compensation at Orthopaedic Innovation Technology Center Inc during 2022 was $20,000. There is 1 employee at Orthopaedic Innovation Technology Center Inc.


Here are 2 key members and their salaries:


Michael T Lacour (President)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Bradley A Meccia (Vice Pres &S)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Orthopaedic Innovation Technology Center Inc?

Orthopaedic Innovation Technology Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Orthopaedic Innovation Technology Center Inc

Orthopaedic Innovation Technology Center Inc is dedicated to conducting research aimed at optimizing future orthopaedic procedures and improving patient satisfaction and postoperative function. Their mission is to help develop and enhance surgical techniques, surgical instrumentation, implant designs, and patient outcomes for individuals who have undergone or will undergo major orthopaedic procedures. By doing so, they strive to significantly improve the lives of these patients. The center's research focuses on finding innovative solutions to enhance the effectiveness of orthopaedic procedures, ultimately leading to better patient outcomes.

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Impact




October, 2024

Orthopaedic Innovation Technology Center Inc is dedicated to advancing the field of orthopaedic surgery through rigorous research aimed at improving surgical techniques, instrumentation, and implant designs. By focusing on enhancing patient outcomes, the center plays a crucial role in optimizing major orthopaedic procedures. Their innovative research efforts contribute to increased patient satisfaction and improved postoperative function, ultimately transforming the quality of life for individuals undergoing these significant surgeries. Located in Knoxville, TN, the center's work not only addresses current challenges in orthopaedic care but also sets the stage for future advancements in the field.




This information is meant to be a general summary of Orthopaedic Innovation Technology Center 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
$335,317 (2022)
Expenses
$151,762 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $335,317

Assets and Liabilities:

  • Total Assets: $426,736
  • Total Liabilities: $0
  • Net Assets: $426,736

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Organization Details

Founding Year

2021

Principal Officer

Michael T Lacour

Main Address

814 LUTTRELL ST, KNOXVILLE, TN, 37917

NTEE Category

Code: H9B - Medical research

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