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World Institute Of Pain

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

EIN: 954579119 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

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Overview

What is World Institute Of Pain?

The World Institute of Pain (WIP) is a nonprofit organization primarily dedicated to fostering global collaboration among pain medicine specialists. Based in Winston-Salem, North Carolina, WIP operates independently to facilitate knowledge exchange and advancements in the field. With a mission to enhance pain management and reduction, WIP organizes educational programs in various locations worldwide, such as Sao Paulo, Brazil, Cairo, Egypt, Istanbul, Turkey, Taipei, Taiwan, and Budapest, Hungary. These programs focus on interventional techniques, providing a platform for physicians to share expertise and improve clinical and scientific knowledge for the betterment of all patients. WIP has a small workforce of one individual, yet its impact extends far beyond its size, contributing significantly to the field of pain medicine.


Official website here: www.worldinstituteofpain.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

The World Institute Of Pain has achieved a Three-Star rating from Charity Navigator, reflecting solid accountability and financial practices. The charity's overall score is based entirely on its Accountability & Finance score, which stands at 81%. This rating indicates that the organization has demonstrated a commitment to transparency and ethical governance.

One of the key strengths of the World Institute Of Pain is its strong independent board governance, with 90% of its board members being independent. Additionally, the organization has no material diversion of assets, and it maintains comprehensive policies regarding conflict of interest, whistleblowing, and document retention. The program expense ratio is also impressive at 85.38%, highlighting a significant investment in its mission-driven activities.

However, while the organization performs well in accountability and finance, it is important for potential donors to consider other factors such as the impact and effectiveness of its programs, which are not reflected in this rating. Overall, the World Institute Of Pain demonstrates solid financial health and governance practices, making it a potentially trustworthy option for supporters looking to contribute to pain management initiatives.


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

Is World Institute Of Pain legitimate?

World Institute Of Pain is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Institute Of Pain 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: $94,614
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,434

For more financial information, click here


Official website here: www.worldinstituteofpain.org

What is the mission statement of World Institute Of Pain?

The World Institute of Pain (WIP) is an organization dedicated to medical professionals specializing in pain medicine. Its mission is to provide guidance to its global members, aiming to alleviate pain, promote health, offer education and training in pain reduction, and develop protocols and outcome studies in pain management. In 2022, WIP endorsed educational programs organized by fellow members, focusing on interventional techniques in various locations such as Sao Paulo, Brazil, Cairo, Egypt, Istanbul, Turkey, Taipei, Taiwan, and Budapest, Hungary. Operating independently, WIP facilitates the global exchange of knowledge and clinical and scientific experience among pain medicine specialists, benefiting both physicians and their patients.


Official website here: www.worldinstituteofpain.org

Who is the CEO of World Institute Of Pain?

Dominic Hegarty is the President of World Institute Of Pain.


Official website here: www.worldinstituteofpain.org

What is the revenue of World Institute Of Pain?

World Institute Of Pain's revenue in 2022 was $1,439,605.


Official website here: www.worldinstituteofpain.org

Who are the executives of World Institute Of Pain and what are their salaries?

The average compensation at World Institute Of Pain during 2022 was $102,048. There is 1 employee and 100 volunteers at World Institute Of Pain.


Here are 10 key members and their salaries:


Dominic Hegarty (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miles R Day (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Javier De Andres (Honorary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mert Akbas (Honorary Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Staats (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricardo Ruiz-Lopez (Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Serdar Erdine (Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabor B Racz (Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adnan Al-Kaisy (Chair, Board Of Sections)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Tolliver (Executive Officer)
  • Compensation: $77,826
  • Related: $0
  • Other: $16,788


Official website here: www.worldinstituteofpain.org

Where can I find the form 990 for World Institute Of Pain?

World Institute Of Pain's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.worldinstituteofpain.org

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

Mission Statement of World Institute Of Pain

The World Institute of Pain, an organization comprised of pain specialists worldwide, serves as a guiding force to help alleviate pain, promote health, and provide education and training in pain reduction. Its mission is twofold: firstly, to empower its members globally, enabling them to contribute effectively to pain management; and secondly, to foster the development of protocols and outcome studies in pain management. The institute achieves this by endorsing educational programs organized by its members, with a particular focus on interventional techniques, in various locations such as Sao Paulo, Brazil; Cairo, Egypt; Istanbul, Turkey; Taipei, Taiwan; and Budapest, Hungary. By operating independently and facilitating the global exchange of knowledge and clinical and scientific experience among pain medicine specialists, the World Institute of Pain seeks to benefit all physicians and their patients.

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Impact




July, 2024

The World Institute of Pain has a significant impact on the field of pain management and reduction through its endorsement of educational programs worldwide. By organizing programs specifically focused on interventional techniques in various cities such as Sao Paulo, Cairo, Istanbul, Taipei, and Budapest, WIP facilitates the global exchange of knowledge among physicians specialized in pain medicine. Operating as an autonomous entity, independent of external influences, WIP plays a crucial role in advancing clinical and scientific experiences for the benefit of physicians and patients alike.




This information is meant to be a general summary of World Institute Of Pain. 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
$1,439,605 (2022)
Expenses
$1,062,827 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19
  • Program Service Revenue: $761,736
  • Gross Receipts: $1,439,605

Assets and Liabilities:

  • Total Assets: $695,280
  • Total Liabilities: $29,264
  • Net Assets: $666,016

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Programs

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

FIPP EXAM FEES

Revenue

$385,437

CONFERENCES

Revenue

$376,299

Organization Details

Founding Year

1993

Principal Officer

Dominic Hegarty

Main Address

301 NORTH MAIN STREET 2604, WINSTONSALEM, NC, 27101

NTEE Category

Code: B99 - Education

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