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Heritage Medical Research Institute

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

EIN: 550839353 ✦ Marina del rey, CA ✦ Designated as a 501(c)(3)

Overview

What is Heritage Medical Research Institute?

The Heritage Medical Research Institute is a nonprofit organization based in Marina Del Rey, California, specifically located at 3115 Ocean Front Walk Suite 301. Their primary focus lies in medical research, particularly in the fields of congestive heart failure and obstructive pulmonary diseases. They collect and connect research data to patient outcomes under various treatment methodologies, with a mission to identify and implement innovative approaches and methodologies to diagnose, treat, and manage diseases. By doing so, they aim to relieve suffering, improve outcomes, reduce costs, and increase the overall value and accessibility of healthcare to a greater number of people than previously thought possible. They operate in conjunction with non-profit hospitals and function under the highest ethical and medical standards.


Is Heritage Medical Research Institute legitimate?

Heritage Medical Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Medical Research Institute 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: $236,078
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


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

Mission Statement of Heritage Medical Research Institute

Heritage Medical Research Institute, a leading non-profit organization, is dedicated to advancing medical research in the realms of basic and clinical science. The institute's mission lies in identifying and implementing innovative approaches and methodologies to diagnose, treat, and manage various diseases, all under the highest ethical and medical standards. By doing so, Heritage Medical Research Institute aims to alleviate suffering, improve outcomes, reduce costs, and increase the overall value and accessibility of healthcare to a greater number of people than previously thought possible.

With a commitment to making a significant impact on the healthcare landscape, Heritage Medical Research Institute's researchers and scientists work tirelessly to uncover new discoveries and develop groundbreaking solutions. Their pursuit of knowledge in the fields of medical science is driven by a deep-rooted passion to transform the lives of countless individuals who are facing health challenges. The institute's research covers a broad spectrum, touching upon various diseases and conditions, with the ultimate goal of providing relief and enhancing the quality of life for those in need.

In pursuit of its mission, Heritage Medical Research Institute operates under a strong ethical framework that prioritizes the well-being of its research subjects and the integrity of its findings. The organization's rigorous research standards ensure that every discovery made is valid, reliable, and applicable to the larger healthcare community. In this way, Heritage Medical Research Institute has become a trusted partner in the non-profit hospital community, contributing to advancements that ultimately benefit patients and healthcare providers alike.

Impact

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




Thursday, August 15, 2024

Heritage Medical Research Institute's impact lies in its dedication to advancing translational research in the areas of basic and clinical science to identify and implement innovative approaches for diagnosing, treating, and managing diseases. By collecting research data connected to patient outcomes under various treatment methodologies, particularly in congestive heart failure and obstructive pulmonary disease, the institute aims to relieve suffering, improve outcomes, reduce costs, and increase the overall value and accessibility of healthcare for a broader population. Through its commitment to the highest ethical and medical standards, Heritage Medical Research Institute plays a crucial role in driving progress in medical research and healthcare practices.





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: $5,202,716
  • Program Service Revenue: $0
  • Gross Receipts: $13,690,559

    • Assets and Liabilities:
  • Total Assets: $224,317,324
  • Total Liabilities: $1,569,060
  • Net Assets: $222,748,264
  • Organization Details

    Founding Year

    2003

    Principal Officer

    Dr Richard Merkin

    Main Address

    3115 OCEAN FRONT WALK SUITE 301, MARINA DEL REY, CA, 90292

    NTEE Category

    Code: H43 - Medical research

    If you are a representative of Heritage Medical Research Institute 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.