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Friends Research Institute Inc

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

EIN: 520701445 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Friends Research Institute Inc?

Friends Research Institute Inc, located in Baltimore, Maryland, is a nonprofit organization primarily dedicated to promoting health and well-being. They achieve this mission through research, grants administration, and treatment in the fields of medicine, mental health, and drug abuse. Funded by various federal government grants, their research studies aim to address a diverse range of objectives, as detailed in the grant documentation. The institute employs 77 individuals, demonstrating a significant commitment to their cause.


Official website here: www.friendsresearch.org

Is Friends Research Institute Inc legitimate?

Friends Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends 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: $795,196
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,016,079

For more financial information, click here


Official website here: www.friendsresearch.org

What is the mission statement of Friends Research Institute Inc?

The Friends Research Institute Inc is dedicated to enhancing health and well-being. They achieve this through conducting research, administering grants, and providing treatment. Their primary objective is to improve health and well-being by funding various medical, mental health, and drug abuse research studies, with the specifics of each study outlined in the grant documentation. The Institute's mission encompasses a holistic approach to health, focusing on research, grant administration, and treatment to foster a healthier society.


Official website here: www.friendsresearch.org

Who is the CEO of Friends Research Institute Inc?

Frank Vocci is the Chairman of Friends Research Institute Inc.


Official website here: www.friendsresearch.org

What is the revenue of Friends Research Institute Inc?

Friends Research Institute Inc's revenue in 2023 was $10,784,781.


Official website here: www.friendsresearch.org

Who are the executives of Friends Research Institute Inc and what are their salaries?

The average compensation at Friends Research Institute Inc during 2023 was $62,484. There are 77 employees at Friends Research Institute Inc.

Here are 20 key members and their salaries:

    Frank Jvocci (President)
  • Compensation: $287,112
  • Related: $0
  • Other: $29,358

    • Jan Gryczynski (Snr Research Scientist)
  • Compensation: $221,362
  • Related: $0
  • Other: $32,955

    • Mishka Terplan (Medical Director)
  • Compensation: $211,190
  • Related: $0
  • Other: $42,536

    • Michael Gordon (Snr Research Scientist)
  • Compensation: $221,535
  • Related: $0
  • Other: $22,529

    • Shannon Mitchell (Snr Research Scientist)
  • Compensation: $209,636
  • Related: $0
  • Other: $32,954

    • Cathy Reback (Snr Research Scientist)
  • Compensation: $210,289
  • Related: $0
  • Other: $21,432

    • Michele L Hipsley (Chief Operating Officer)
  • Compensation: $182,244
  • Related: $0
  • Other: $31,329

    • Robert Pschwartz (Snr Research Scientist)
  • Compensation: $141,196
  • Related: $0
  • Other: $14,645

    • Steven Bcarswell (Vice President)
  • Compensation: $99,936
  • Related: $22,703
  • Other: $9,994

    • Robert G Rassp Esq (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Curtis L Decker Jd (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy A Redmond Cpa (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Faith S Feingold Ms Lcsw-C (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carmine G D'Alessandro Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheldon Glass Med Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wallace B Pickworth Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer C Jordan Jd Mscc (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Williams Phd Sphr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Klein Brown Msw Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles O'Keeffe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.friendsresearch.org

    Where can I find the form 990 for Friends Research Institute Inc?

    The Friends Research Institute Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.friendsresearch.org

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

    Mission Statement of Friends Research Institute Inc

    Friends Research Institute Inc, a research-focused nonprofit organization, strives to promote health and well-being for individuals and communities. Through the means of research, grants administration, and treatment, Friends Research Institute Inc works tirelessly to foster a better quality of life.

    Their primary mission encompasses investigating various aspects of medical, mental health, and drug abuse conditions, with the aim of improving the understanding and treatment of these issues. These research studies are funded by various federal government grants, with the objectives of each study carefully detailed in the grant documentation.

    In essence, Friends Research Institute Inc serves as a beacon of hope for those seeking advancements in health and well-being, leveraging the power of research, grants administration, and treatment to pave the way for a healthier future.

    Impact

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




    Tuesday, June 18, 2024

    Friends Research Institute Inc's impact is significant in promoting health and well-being through research, treatment, and grants administration. Its focus on medical, mental health, and drug abuse research studies funded by various federal government grants contributes to advancing knowledge and improving interventions in these critical areas. By conducting research and providing treatment services, Friends Research Institute Inc plays a crucial role in addressing mental health challenges and substance abuse issues, ultimately benefiting individuals and communities.





    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 2023.

  • Investment Income: $136,361
  • Program Service Revenue: $4,352,744
  • Gross Receipts: $11,327,524

    • Assets and Liabilities:
  • Total Assets: $6,513,614
  • Total Liabilities: $1,815,525
  • Net Assets: $4,698,089
  • Programs

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

    GRANTS AND STUDIES

    Revenue

    $4,252,900

    CONSULTING SERVICES

    Revenue

    $99,844

    Organization Details

    Founding Year

    1955

    Principal Officer

    Frank Vocci

    Main Address

    1040 PARK AVENUE SUITE 103, BALTIMORE, MD, 21201

    NTEE Category

    Code: F050 - Mental health

    If you are a representative of Friends Research Institute Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.