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Steadman Philippon 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: 880245022 ✦ Vail, CO ✦ Designated as a 501(c)(3)

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Overview

What is Steadman Philippon Research Institute?

The Steadman Philippon Research Institute, located at 181 West Meadow Drive Suite 1000, Vail, CO 81657, is a renowned nonprofit organization dedicated to the highest impact team science in regenerative and personalized medicine. Their primary focus is accelerating clinical translation, bringing scientific discoveries and proven treatments to patients more quickly. The institute's scientific programs investigate cellular science and regenerative medicine techniques and therapies, including fracture repair, muscle repair, bone and cartilage repair, genetic and cellular engineering, stem cell engineering, and cartilage regeneration. Their mission extends beyond orthopedic research and education, aiming to unlock the secrets of healing, find cures, and enhance lives through global leadership in regenerative medicine, scientific research, innovation, and education. The institute boasts a team of 79 employees.


Official website here: www.sprivail.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Stars)

The Steadman Philippon Research Institute holds an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in the Accountability & Finance category. With a score of 95%, the organization demonstrates a high level of fiscal responsibility and transparency, which is crucial for building trust with donors and stakeholders.

One of the institute's notable strengths is its governance structure, featuring a fully independent board with 27 members. This independence is complemented by robust oversight mechanisms, such as an Audit and Oversight Committee and policies addressing conflict of interest and whistleblower protections. The organization has also shown no material diversion of assets, indicating solid ethical practices in financial management.

Despite its strengths, the institute's liabilities to assets ratio of 38.59% suggests a moderate level of financial leverage. Additionally, while the program expense ratio is strong at 71.95%, which indicates a commitment to funding its programs, there could be room for improvement in maintaining even higher financial reserves to support long-term sustainability. Overall, the Steadman Philippon Research Institute showcases a well-managed nonprofit with a clear focus on accountability and effective resource utilization.


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

What do the Facebook reviews say about Steadman Philippon Research Institute?

100% of 17 reviewers on Facebook endorse the Steadman Philippon Research Institute. Here is a summary of their reviews:

The overwhelming sentiment reflects a strong appreciation for the caring and attentive staff. Many users express that the team is intuitive and supportive, contributing to a positive overall experience.

Overall, the nonprofit seems to effectively fulfill its mission and is widely praised for the quality of care and professionalism exhibited by its personnel.


This AI summary has been generated from reviews found on Facebook.

Is Steadman Philippon Research Institute legitimate?

Steadman Philippon Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steadman Philippon 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: $571,522
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,895,703

For more financial information, click here


Official website here: www.sprivail.org

What is the mission statement of Steadman Philippon Research Institute?

The Steadman Philippon Research Institute is dedicated to keeping people physically active through research and education in the field of orthopedics. Building on its legacy of excellence, SPRI is unlocking the secrets of healing, finding cures, and enhancing lives through global leadership in regenerative medicine, scientific research, innovation, and education. The Center for Regenerative and Personalized Medicine (CRPM) is a key component of the institute, focusing on conducting high-impact team science and accelerating clinical translation to help scientific discoveries and proven treatments reach patients faster. CRPM's scientific programs investigate cellular science and regenerative medicine techniques and therapies, including fracture repair, muscle repair, bone and cartilage repair, genetic and cellular engineering, and stem cell engineering and cartilage regeneration. Additionally, the institute has a program dedicated to health aging diagnostics.


Official website here: www.sprivail.org

Who is the CEO of Steadman Philippon Research Institute?

Dan Drawbaugh is the Ceo/President of Steadman Philippon Research Institute. The CEO's salary of Steadman Philippon Research Institute is $375,000 and their total compensation is $375,000.


Official website here: www.sprivail.org

What is the revenue of Steadman Philippon Research Institute?

Steadman Philippon Research Institute's revenue in 2022 was $13,468,545.


Official website here: www.sprivail.org

Who are the executives of Steadman Philippon Research Institute and what are their salaries?

The average compensation at Steadman Philippon Research Institute during 2022 was $94,522. There are 79 employees at Steadman Philippon Research Institute.


Here are 35 key members and their salaries (Steadman Philippon Research Institute's CEO's salary is $375,000 and their total compensation is $375,000):


Eric Affeldt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Rampell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Richard Steadman (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Marc Philippon (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Berkowitz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bourne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Cook (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Daly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gen Pete Dawkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Tom Hackett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Hartley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Kerzner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doris Kirchner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Krauser (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Peter Millett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Mullen Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia L Nelson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary K Noyes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Perkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Senenne Philippon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Read (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary S Rosenbach (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Schanzer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Shannon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damaris Skouras (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gay L Steadman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stewart Turley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Drawbaugh (Ceo/President)
  • Compensation: $375,000
  • Related: $0
  • Other: $0
Geoff Gray (Cfo/Treasurer)
  • Compensation: $163,353
  • Related: $0
  • Other: $33,169
Johnny Huard (Chief Scientific Officer)
  • Compensation: $647,053
  • Related: $0
  • Other: $53,967
Scott Tashman (Department Director)
  • Compensation: $294,045
  • Related: $0
  • Other: $48,424
Lee Jones (Vp Of Development)
  • Compensation: $302,306
  • Related: $0
  • Other: $43,744
Suzanne Page (Vice President Of Operatio)
  • Compensation: $290,583
  • Related: $0
  • Other: $44,168
Chelsea Bahney (Department Deputy Director)
  • Compensation: $186,085
  • Related: $0
  • Other: $54,667
Jeff Groton (Controller)
  • Compensation: $161,079
  • Related: $0
  • Other: $17,538


Official website here: www.sprivail.org

Where can I find the form 990 for Steadman Philippon Research Institute?

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


Official website here: www.sprivail.org

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

Mission Statement of Steadman Philippon Research Institute

Steadman Philippon Research Institute (SPRI) is a pioneering organization dedicated to unlocking the secrets of healing and finding cures through global leadership in regenerative medicine, scientific research, innovation, and education. Building on a legacy of excellence in orthopaedic sports medicine, SPRI is committed to conducting high-impact team science and accelerating clinical translation. Their Center for Regenerative and Personalized Medicine (CRPM) is a key focus area, with a mission to help scientific discoveries and proven treatments reach patients faster.

CRPM's scientific programs investigate cellular science and regenerative medicine techniques and therapies, including fracture repair and regenerative therapeutics, muscle repair and stem cell biology, bone and cartilage repair and stem cell biology, genetic and cellular engineering, and stem cell engineering and cartilage regeneration. Health aging diagnostics is another area of exploration. By committing to the highest impact team science, SPRI aims to make a significant impact on patients' lives by translating scientific discoveries into effective treatments. Through their unwavering dedication to research, education, and innovation, Steadman Philippon Research Institute continues to enhance lives and push the boundaries of what is possible in orthopaedic medicine.

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Impact




October, 2024

The Steadman Philippon Research Institute significantly impacts the field of orthopaedics and regenerative medicine by focusing on advancing scientific research and education to keep individuals physically active. Through the Center for Regenerative and Personalized Medicine (CRPM), the Institute leads high-impact team science aimed at translating research discoveries into clinical applications, benefiting patients directly.

The CRPM specializes in various scientific programs that tackle crucial areas such as fracture repair, muscle repair, and tissue regeneration. Its research into cellular science and regenerative therapies aims to develop innovative treatments and techniques, including stem cell engineering and cartilage regeneration. By systematically investigating diagnostic methods related to healthy aging, the Institute not only promotes recovery from injuries but also contributes to the broader understanding of musculoskeletal health.

Additionally, building on its legacy in orthopaedic sports medicine, the Institute actively seeks to unlock new understanding of healing processes, ultimately striving to enhance the quality of life for patients. Through collaboration and dedication to scientific excellence, the Steadman Philippon Research Institute continues to be a global leader in regenerative medicine, making strides that benefit both individual patients and the medical community as a whole.




This information is meant to be a general summary of Steadman Philippon 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
$13,468,545 (2022)
Expenses
$15,373,731 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $121,483
  • Gross Receipts: $13,535,666

Assets and Liabilities:

  • Total Assets: $17,123,463
  • Total Liabilities: $6,608,296
  • Net Assets: $10,515,167

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LAB RENTAL

Revenue

$76,333

PRODUCTION SERVICES

Revenue

$31,500

VAIL SCIENTIFIC SUMMIT

Revenue

$9,750

INJURY PREVENTION SYMPOSIUM

Revenue

$3,900

Organization Details

Founding Year

1988

Principal Officer

Dan Drawbaugh

Main Address

181 WEST MEADOW DRIVE SUITE 1000, VAIL, CO, 81657

NTEE Category

Code: H92 - Medical research

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