Overview
What is Calif Institute For Medical Research?
The California Institute for Medical Research (CIMR) is a nonprofit organization situated in San Jose, California. With a team of six dedicated individuals, CIMR serves as a vital resource for local hospitals, biomedical researchers, and medical professionals by offering physical facilities for research programs and managing research contracts and grants. Notable achievements of CIMR researchers include significant advancements in treating fungal diseases such as Valley Fever, preventing recurrent heart attacks and strokes, establishing a transplant bank, and developing an animal model for Parkinson's disease. CIMR's mission is to extend medical knowledge and contribute to a healthier future for humanity by attracting top-tier investigators and teachers, utilizing the latest technological innovations in regional medicine, and providing a conducive environment for independent research programs.
Official website here: www.cimr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Stars)
The California Institute for Medical Research has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization has a strong governance structure, with a high percentage of independent board members and various policies in place, its financial reporting is significantly lacking. The absence of financial statements has notably impacted its overall score.
Strengths include the institute's commitment to transparency through listed policies concerning conflicts of interest, whistleblower protections, and board meeting documentation. Additionally, the organization maintains a low liabilities to assets ratio, suggesting financial stability. However, the program expense ratio of 55.27% indicates that a larger portion of its funds may not be directed towards programmatic activities, which could raise concerns for potential donors regarding the effectiveness of fund utilization.
In summary, while the California Institute for Medical Research demonstrates solid governance and transparency, its financial reporting deficiencies and lower program expense ratio suggest that it has room for growth to enhance its accountability to stakeholders and improve overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Calif Institute For Medical Research legitimate?
Calif Institute For Medical Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calif Institute For Medical Research 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.cimr.org
What is the mission statement of Calif Institute For Medical Research?
The California Institute for Medical Research (CIMR) is committed to expanding the boundaries of medical understanding and fostering a healthier future for humanity. By attracting top-notch investigators and educators, implementing the latest technological advancements, and offering a conducive environment for independent research programs, CIMR aims to contribute significantly to the medical field. Additionally, the institution supports researchers in establishing their own research programs and provides facilities for local hospitals and biomedical researchers.
Official website here: www.cimr.org
What is the revenue of Calif Institute For Medical Research?
Calif Institute For Medical Research's revenue in 2024 was -$114,070.
Official website here: www.cimr.org
Who are the executives of Calif Institute For Medical Research and what are their salaries?
The average compensation at Calif Institute For Medical Research during 2024 was $55,677.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cimr.org
Where can I find the form 990 for Calif Institute For Medical Research?
Calif Institute For Medical Research's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cimr.org
Learn more at the official website: www.cimr.org
Mission Statement of Calif Institute For Medical Research
The California Institute for Medical Research (CIMR) is committed to pushing the boundaries of medical understanding and working towards a healthier future for humanity. To achieve this mission, CIMR attracts top-tier investigators and educators, leverages cutting-edge technological advancements, and offers a conducive environment for researchers to establish their independent research programs. By providing physical facilities and administering research contracts and grants, CIMR serves as a valuable resource to local hospitals, biomedical researchers, and medical professionals, thereby contributing to the overall growth and advancement of the medical field.
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Impact
July, 2024
The California Institute for Medical Research (CIMR) has had a significant impact on the field of medical research. Through its provision of resources for local hospitals, biomedical researchers, and doctors, CIMR has facilitated important advancements in healthcare.
CIMR researchers have made major contributions that have directly improved the treatment of fungal diseases, such as Valley Fever, and have played a role in the prevention of recurrent heart attacks and strokes. Additionally, CIMR has initiated a transplant bank and developed an animal model of Parkinson's disease, contributing to the advancement of medical science and patient care.
By attracting top investigators and teachers to its facilities, bringing the latest technological advances to regional medicine, and supporting researchers in building independent research programs, CIMR is actively working towards creating a healthier future for mankind. The impact of CIMR extends beyond its physical facilities in San Jose, CA, as it strives to push the boundaries of medical knowledge and drive innovation in healthcare.
This information is meant to be a general summary of Calif Institute For Medical Research. 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 2024.
- Investment Income: $6,807
- Program Service Revenue: $376,220
- Gross Receipts: $127,187
Assets and Liabilities:
- Total Assets: $1,101,764
- Total Liabilities: $111,168
- Net Assets: $990,596
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH CONTRACTS
Revenue
$376,220
Organization Details
Founding Year
1963
Principal Officer
Fred Hjelmeset
Website
www.cimr.orgNTEE Category
Code: H00Z - Medical research
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