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Albany Research Institute Inc

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

EIN: 141716021 ✦ Albany, NY ✦ Designated as a 501(c)(3)

Overview

What is Albany Research Institute Inc?

Albany Research Institute Inc, situated in Albany, New York, is a nonprofit organization that primarily receives funding from both the U.S. government and private corporations. These grants are then directed towards individual investigators for research in various health areas, specifically focusing on patients with compromised immune systems. The institute's primary mission is to support and facilitate approved biomedical research and development activities at the Samuel S. Stratton VA Medical Center. The organization employs a total of 26 individuals, dedicated to contributing to scientific advancements in healthcare.


Is Albany Research Institute Inc legitimate?

Albany Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albany Research Institute 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: $138,759
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,092,555

For more financial information, click here


What is the mission statement of Albany Research Institute Inc?
Who is the CEO of Albany Research Institute Inc?
What is the revenue of Albany Research Institute Inc?
Who are the executives of Albany Research Institute Inc and what are their salaries?
Where can I find the form 990 for Albany Research Institute Inc?

Mission Statement of Albany Research Institute Inc

Albany Research Institute, a nonprofit organization, is dedicated to supporting and facilitating approved biomedical research and development activities at the Samuel S. Stratton VA Medical Center. The primary mission of Albany Research Institute is to provide grants from both the U.S. government and private corporations. These grants are then allocated to individual investigators, allowing them to conduct research in various health areas, notably focusing on patients with compromised immune systems. The Institute's role is instrumental in furthering medical knowledge and potentially leading to advancements in healthcare, all while working within the confines of the Samuel S. Stratton VA Medical Center.

Impact

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




Thursday, August 15, 2024

Albany Research Institute Inc's impact lies in supporting and facilitating approved biomedical research and development activities at the Samuel S. Stratton VA Medical Center. Through receiving grants from the U.S. government and private corporations, the institute directs funding to individual investigators for research in health areas such as patients with impaired immune systems. Albany Research Institute Inc plays a crucial role in advancing scientific knowledge and improving the health outcomes of vulnerable populations by focusing on science research in the field of biomedicine.





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: $278
  • Program Service Revenue: $0
  • Gross Receipts: $2,371,366

    • Assets and Liabilities:
  • Total Assets: $972,858
  • Total Liabilities: $208,777
  • Net Assets: $764,081
  • Organization Details

    Founding Year

    1989

    Principal Officer

    Dr Donald Higgins

    Main Address

    113 HOLLAND AVE RM A608, ALBANY, NY, 12208

    NTEE Category

    Code: U5XZ - Science research

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