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Prairie Education & Research Cooperative

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

EIN: 371157915 ✦ Springfield, IL ✦ Designated as a 501(c)(3)

Overview

What is Prairie Education & Research Cooperative?

Prairie Education & Research Cooperative is a nonprofit organization situated in Springfield, Illinois. Its primary focus is on conducting medical research in the therapeutic areas of cardiovascular disease, diabetes, and neurological disorders. The cooperative actively engages in Phase I-IV clinical trials, collaborating with device and pharmaceutical companies as an enrolling site. In FY 2022, they participated in 48 cardiovascular trials, 13 diabetes trials, and 8 neurology trials. Beyond clinical trials, Prairie Education & Research Cooperative also offers CEC/DSMB management services to medical device sponsors, ensuring ethical, safe, and reliable trial data. They provided oversight for approximately 8 clinical trials in FY 2022. Additionally, the cooperative provides analysis of angiographic images for clinical research trials sponsored by device or pharmaceutical companies, participating in around 7 trials in FY 2022. With a team of 25 employees, Prairie Education & Research Cooperative is committed to advancing medical knowledge and improving therapies for these critical health conditions.


Official website here: www.prairieresearch.org

Is Prairie Education & Research Cooperative legitimate?

Prairie Education & Research Cooperative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prairie Education & Research Cooperative 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: $861,296
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,798,447

For more financial information, click here


Official website here: www.prairieresearch.org

What is the mission statement of Prairie Education & Research Cooperative?

The Prairie Education & Research Cooperative is dedicated to actively and continuously conducting medical research to enhance our understanding of novel treatment methods for cardiovascular diseases, diabetes, and neurological disorders. Their primary focus is on participating in clinical trials, particularly in the fields of cardiovascular, diabetes, and neurology research. They serve as an enrolling site for these trials, which are funded and sponsored by device and pharmaceutical companies. In addition, they manage CEC/DSMB for medical device sponsors, ensuring ethical, safe, and reliable trial conduct. Furthermore, they provide analysis of angiographic images for clinical research trials, contributing to the advancement of medical knowledge in these therapeutic areas.


Official website here: www.prairieresearch.org

What is the revenue of Prairie Education & Research Cooperative?

Prairie Education & Research Cooperative's revenue in 2022 was $4,199,666.


Official website here: www.prairieresearch.org

Who are the executives of Prairie Education & Research Cooperative and what are their salaries?

The average compensation at Prairie Education & Research Cooperative during 2022 was $106,390. There are 25 employees and 3 volunteers at Prairie Education & Research Cooperative.

Here are 10 key members and their salaries (Prairie Education & Research Cooperative's CEO's salary is $0 and their total compensation is $1,454,716):

    Marc Shelton Md (2021 President & Ceo / Physician) [Trustee/Director]
  • Compensation: $0
  • Related: $1,213,755
  • Other: $240,961

    • Bharath Rajagopalan Md (Director / Physician)
  • Compensation: $586,492
  • Related: $0
  • Other: $25,685

    • Suresh Kulandhaisamy Md (Physician)
  • Compensation: $466,380
  • Related: $0
  • Other: $35,299

    • Avinash Murthy (Director)
  • Compensation: $0
  • Related: $461,875
  • Other: $26,189

    • Jacob Kitchener (Director)
  • Compensation: $0
  • Related: $307,911
  • Other: $21,238

    • Jenny Chambers (Coo)
  • Compensation: $183,453
  • Related: $0
  • Other: $56,723

    • Shady Henien Md (Physician)
  • Compensation: $143,998
  • Related: $0
  • Other: $5,113

    • Brenda Recchia Jeffer Phd (2021 Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Voss (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Hardy (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.prairieresearch.org

    Where can I find the form 990 for Prairie Education & Research Cooperative?

    The Prairie Education & Research Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.prairieresearch.org

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

    Mission Statement of Prairie Education & Research Cooperative

    Prairie Education & Research Cooperative is dedicated to actively engaging in continuous medical research with the primary aim of expanding the understanding of new modes of therapy for cardiovascular disease, diabetes, and neurological disorders. The organization's mission is to contribute to the medical field by participating in various clinical trials, specifically in the therapeutic areas of cardiovascular, diabetes, and neurology research. They serve as an enrolling site for Phase I-IV trials, sponsored and funded by device and pharmaceutical companies. In FY 2022, they participated in 48 cardiovascular trials, 13 diabetes trials, and 8 neurology trials.

    Beyond participating in clinical trials, Prairie Education & Research Cooperative also provides CEC/DSMB management for medical device sponsors. Their role is to ensure the continuing safety of trial subjects and oversee the trial data to ensure compliance with ethical, safe, and reliable trial conduct. In FY 2022, they provided CEC/DSMB management for approximately 8 clinical trials. Furthermore, they offer analysis of angiographic images for clinical research trials sponsored by device or pharmaceutical companies. In FY 2022, they provided angiographic analysis in approximately 7 clinical trials.

    In summary, Prairie Education & Research Cooperative is a research-focused organization that contributes to the medical community by participating in clinical trials, providing CEC/DSMB management, and offering angiographic image analysis, all with a focus on cardiovascular disease, diabetes, and neurological disorders.

    Impact

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




    Thursday, August 15, 2024

    Prairie Education & Research Cooperative's impact lies in advancing medical research to enhance the understanding and application of new therapy methods for cardiovascular disease, diabetes, and neurological disorders. Through participation in Phase I-IV clinical trials sponsored by device and pharmaceutical companies, they have significantly contributed to the development of treatments in these therapeutic areas. In FY 2022 alone, the organization engaged in approximately 48 cardiovascular trials, 13 diabetes trials, and 8 neurology trials.

    Additionally, Prairie Education & Research Cooperative plays a crucial role in ensuring the safety and ethical conduct of clinical trials by providing CEC/DSMB management for medical device sponsors. This oversight ensures that trial subjects are protected and that the data produced is reliable and in compliance with ethical standards. In FY 2022, they managed CEC/DSMB for around 8 clinical trials.

    Moreover, the organization offers expertise in analyzing angiographic images for clinical research trials, aiding device and pharmaceutical companies in their research endeavors. Their angiographic analysis services were utilized in approximately 7 clinical trials in FY 2022. Through these activities, Prairie Education & Research Cooperative actively contributes to advancing medical knowledge and improving treatments for various health conditions, making a significant impact in the field of medical research.





    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: $50,891
  • Program Service Revenue: $3,996,060
  • Gross Receipts: $4,199,666

    • Assets and Liabilities:
  • Total Assets: $4,417,610
  • Total Liabilities: $415,618
  • Net Assets: $4,001,992
  • Programs

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

    CONTRACT REVENUE

    Revenue

    $3,996,060

    Organization Details

    Founding Year

    1984

    Main Address

    800 E Carpenter Street 62, Springfield, IL, 62769

    NTEE Category

    Code: H43Z - Medical research

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