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Foundation For Advanced Education In The Sciences Inc

Faes

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

EIN: 520743814 ✦ Bethesda, MD ✦ Designated as a 501(c)(3)

Overview

What is Foundation For Advanced Education In The Sciences Inc?

Foundation For Advanced Education In The Sciences Inc, also known as FAES, is a nonprofit organization located at the National Institutes of Health (NIH) in Bethesda, Maryland. Their mission is to enhance the professional experience at NIH by offering advanced educational programs and supporting activities. FAES serves primarily NIH trainees, or fellows, who are ineligible for federal health insurance. During the year, this program provided health, vision, and dental insurance to over 6,000 individuals. By offering excellent benefits, affordable annual maximums, and low out-of-pocket expenses, FAES promotes productivity and attractiveness of professional life at NIH, complementing NIH's mission in research and training in the biomedical sciences. With a workforce of 36 employees, FAES strengthens the NIH community.


Official website here: www.faes.org

Is Foundation For Advanced Education In The Sciences Inc legitimate?

Foundation For Advanced Education In The Sciences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Advanced Education In The Sciences 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: $1,070,149
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,561,036

For more financial information, click here


Official website here: www.faes.org

What is the mission statement of Foundation For Advanced Education In The Sciences Inc?

The Foundation For Advanced Education In The Sciences Inc focuses on enhancing the professional experience in the scientific community. Based in the National Institutes of Health (NIH), the foundation runs educational programs and supporting activities to boost productivity and attractiveness of professional life on NIH campuses. These initiatives complement the research and training efforts of NIH in the biomedical sciences.


Official website here: www.faes.org

Who is the CEO of Foundation For Advanced Education In The Sciences Inc?

Christina Fairias Mba is the Principal Officer of Foundation For Advanced Education In The Sciences Inc. The CEO's salary of Foundation For Advanced Education In The Sciences Inc is $352,299 and their total compensation is $398,387.


Official website here: www.faes.org

What is the revenue of Foundation For Advanced Education In The Sciences Inc?

Foundation For Advanced Education In The Sciences Inc's revenue in 2022 was $41,367,941.


Official website here: www.faes.org

Who are the executives of Foundation For Advanced Education In The Sciences Inc and what are their salaries?

The average compensation at Foundation For Advanced Education In The Sciences Inc during 2022 was $73,088. There are 36 employees and 60 volunteers at Foundation For Advanced Education In The Sciences Inc.

Here are 33 key members and their salaries (Foundation For Advanced Education In The Sciences Inc's CEO's salary is $352,299 and their total compensation is $398,387):

    Christina Farias (Ceo/Executive Director)
  • Compensation: $352,299
  • Related: $0
  • Other: $46,088

    • Nicole Luna (Cfo)
  • Compensation: $159,274
  • Related: $0
  • Other: $44,918

    • James Kuhlman (Director Of Business Services)
  • Compensation: $163,334
  • Related: $0
  • Other: $32,832

    • Melinda Maris (Dean)
  • Compensation: $134,567
  • Related: $0
  • Other: $29,847

    • Michel Ochoa (Director Of Insurance)
  • Compensation: $139,300
  • Related: $0
  • Other: $18,909

    • Jonathan Logan (Assistant Controller)
  • Compensation: $126,317
  • Related: $0
  • Other: $29,131

    • Lynn Johnson Langer (Exe. Dean Of Academic Until 8/2021)
  • Compensation: $122,205
  • Related: $0
  • Other: $27,749

    • Tammy Rogers (Assistant Director Busines)
  • Compensation: $107,771
  • Related: $0
  • Other: $27,049

    • Susan F Leitman (Former President (Until 5/2021))
  • Compensation: $18,500
  • Related: $0
  • Other: $0

    • Barbara Alving (President & Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Goldhammer (First Vice President/Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol J Thiele (Second Vice President/Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Johnson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Farber (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Candice Abate (Director (Until 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Catalano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitchell Ho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Hohman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marita Hopmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Ibex (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Klinman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Koretsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Levin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald Mclaughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Mkanganwi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yosuke Mukouyama (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathryn Norcross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Schechter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Sibley (Director (Until 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.faes.org

    Where can I find the form 990 for Foundation For Advanced Education In The Sciences Inc?

    The Foundation For Advanced Education In The Sciences Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.faes.org

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

    Mission Statement of Foundation For Advanced Education In The Sciences Inc

    The Foundation For Advanced Education In The Sciences Inc, often referred to as FAES, is a nonprofit organization that plays a crucial role in enhancing the productivity and attractiveness of professional life at the National Institutes of Health (NIH). FAES's mission is geared towards complementing the work of NIH in accomplishing its mission of research and training in the biomedical sciences.

    In simple terms, FAES designs and conducts advanced educational programs and supporting activities that cater to the professional growth of individuals at the NIH campuses. These initiatives aim to foster a productive and engaging work environment, ultimately contributing to the success of NIH's research and training efforts. FAES programs provide valuable opportunities for continuous learning, ensuring that the professionals at NIH remain at the forefront of their respective fields.

    FAES's advanced educational programs cover a wide range of topics, from cutting-edge research methodologies to professional development skills. These programs are tailored to the specific needs of the NIH community, ensuring that they are relevant and impactful. Furthermore, FAES supports various activities that promote a vibrant and engaging work culture, including workshops, seminars, and networking events. By offering these opportunities, FAES helps to attract and retain top talent within the organization, ensuring that NIH remains a hub of excellence in biomedical research and training.

    Impact

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




    Thursday, August 15, 2024

    Foundation For Advanced Education In The Sciences Inc's impact is significant in promoting the productivity and attractiveness of professional life at the NIH. By providing health insurance administrative services and plan sponsorship for a group health insurance plan available to NIH trainees who are ineligible for federal health insurance, FAES plays a crucial role in supporting over 6,000 individuals with health, vision, and dental insurance. This not only ensures the well-being of trainees but also enhances the overall professional environment at NIH campuses, making professional life more appealing and productive. Through advanced educational programs and supporting activities, FAES complements the work of NIH in achieving its mission of research and training in the biomedical sciences, ultimately contributing to the advancement of knowledge and innovation in the field.





    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: $5,285,169
  • Program Service Revenue: $36,801,087
  • Gross Receipts: $67,727,896

    • Assets and Liabilities:
  • Total Assets: $54,757,501
  • Total Liabilities: $5,686,327
  • Net Assets: $49,071,174
  • Programs

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

    INSURANCE SUBSCRIPTIONS

    Revenue

    $34,652,952

    CONFERENCE REVENUE

    Revenue

    $996,651

    TUITION & SCHOOL FEES

    Revenue

    $762,547

    NIH TRAINEE OCCUPANCY FEES

    Revenue

    $388,937

    Organization Details

    Founding Year

    1959

    Principal Officer

    Christina Fairias Mba

    Main Address

    10 CENTER DRIVE RM 1N241-MSC 1115, BETHESDA, MD, 208921115

    NTEE Category

    Code: B82 - Education

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