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Foundation For Neurologic Diseases Inc

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

EIN: 043015469 ✦ Newburyport, MA ✦ Designated as a 501(c)(3)

Overview

What is Foundation For Neurologic Diseases Inc?

The Foundation for Neurologic Diseases Inc, located in Newburyport, Massachusetts, is a nonprofit organization with a mission to unravel the mysteries behind complex, chronic brain disorders such as Alzheimer's, Multiple Sclerosis, and Parkinson's disease. With a dedicated workforce of three individuals, the foundation is committed to supporting research aimed at discovering the underlying causes and developing effective treatments for these debilitating conditions, to ultimately preserve brain function. The foundation's headquarters can be found at 10 State Street in Newburyport, Massachusetts.


Official website here: www.fndboston.org

Is Foundation For Neurologic Diseases Inc legitimate?

Foundation For Neurologic Diseases Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Neurologic Diseases 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $459,006

For more financial information, click here


Official website here: www.fndboston.org

What is the mission statement of Foundation For Neurologic Diseases Inc?

The Foundation for Neurologic Diseases Inc is committed to uncovering the underlying causes and developing effective treatments for debilitating brain functions disorders, such as Alzheimer's, Multiple Sclerosis, and Parkinson's disease. Their mission is to contribute significantly to the medical community by providing groundbreaking research in the field of neurological diseases. The organization's primary focus is on advancing our understanding of these conditions, ultimately leading to improved healthcare outcomes for affected individuals. The Foundation supports numerous research initiatives aimed at identifying potential therapies and interventions for these chronic neurological disorders.


Official website here: www.fndboston.org

Who is the CEO of Foundation For Neurologic Diseases Inc?

Dennis Selkoe is the President of Foundation For Neurologic Diseases Inc.


Official website here: www.fndboston.org

What is the revenue of Foundation For Neurologic Diseases Inc?

Foundation For Neurologic Diseases Inc's revenue in 2022 was $4,406,988.


Official website here: www.fndboston.org

Who are the executives of Foundation For Neurologic Diseases Inc and what are their salaries?

The average compensation at Foundation For Neurologic Diseases Inc during 2022 was $153,002. There are 3 employees at Foundation For Neurologic Diseases Inc.

Here are 9 key members and their salaries:

    Dennis J Selkoe (President) [Trustee/Director]
  • Compensation: $247,706
  • Related: $0
  • Other: $0

    • Karen Hodge (Executive Director)
  • Compensation: $149,300
  • Related: $0
  • Other: $0

    • Howard L Weiner (Treasurer) [Trustee/Director]
  • Compensation: $62,000
  • Related: $0
  • Other: $0

    • Jon G Auerbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Bounas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne S Chertok (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip M Friedmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Faye Levine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shirley S Siff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fndboston.org

    Where can I find the form 990 for Foundation For Neurologic Diseases Inc?

    The Foundation For Neurologic Diseases Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fndboston.org

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

    Mission Statement of Foundation For Neurologic Diseases Inc

    The Foundation for Neurologic Diseases Inc is committed to a noble cause: identifying the origins and procuring effective treatments for intricate, prolonged ailments that prematurely impair brain function. Their primary focus lies in Alzheimer's, Multiple Sclerosis, and Parkinson's diseases. The organization's mission is centered around two fundamental objectives: discovering the underlying causes of these neurological disorders and developing viable treatments to alleviate their debilitating effects. By dedicating their resources to this critical area, the Foundation for Neurologic Diseases Inc aims to make a significant impact in improving the lives of those affected by these debilitating conditions.

    Impact

    This information is meant to be a general summary of Foundation For Neurologic Diseases Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Foundation For Neurologic Diseases Inc is making a significant impact in the field of medical research by focusing on finding the causes of and providing treatments for complex, chronic diseases that prematurely destroy Brain Function. Specifically, the Foundation's dedication to supporting research in Alzheimer's disease is crucial in advancing our understanding of this debilitating condition. By directing efforts towards Alzheimer's, Multiple Sclerosis, and Parkinson's disease, the Foundation is actively contributing to the development of treatments that have the potential to improve the lives of those affected by these conditions.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $3,161,471
  • Program Service Revenue: $642,512
  • Gross Receipts: $4,406,988

    • Assets and Liabilities:
  • Total Assets: $29,946,123
  • Total Liabilities: $180,561
  • Net Assets: $29,765,562
  • Programs

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

    Research Income

    Revenue

    $642,512

    Organization Details

    Founding Year

    1998

    Principal Officer

    Dennis Selkoe

    Main Address

    10 State Street, Newburyport, MA, 019506604

    NTEE Category

    Code: H960 - Medical research

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