Institute For Medical Research Inc

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

EIN: 561655431 ✦ Durham, NC ✦ Designated as a 501(c)(3)

Overview

What is Institute For Medical Research Inc?

Institute for Medical Research Inc, situated in Durham, North Carolina, serves as a nonprofit organization primarily committed to supporting research and education within the Durham Veterans Affairs Health Care System. Their mission is geared towards enhancing the health and lives of veterans, their families, and the public at large. They have made significant contributions to this cause by supporting a medical training and education program for the VA Pharmacogenomics Action for Cancer Survivorship (PHASER). This program expanded access to pharmacogenomic (PGX) testing to an additional 10,000 veterans across 25 VA health care systems nationwide. Furthermore, they engaged in PGX education with approximately 1,000 new VA providers and hosted monthly PGX learning sessions. They also released a PGX newsletter to over 1,700 clinicians and secured commitments from another 27 VA hospitals to implement the PHASER PGX testing program. Additionally, they built and released automated clinical decision support tools for drug-gene alerts, aiming to support the health of veterans further. As of now, they are preparing to release a testing panel expansion from 11 to 15 genes by the end of the year. With a workforce of 90 individuals, Institute for Medical Research Inc continues to strive towards improving healthcare for veterans and the wider community.


Official website here: www.imr.org

Is Institute For Medical Research Inc legitimate?

Institute For Medical Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Medical Research 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: $115,761
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,258,135

For more financial information, click here


Official website here: www.imr.org

What is the mission statement of Institute For Medical Research Inc?

The Institute for Medical Research Inc's primary purpose is to support research and education within the healthcare system of the Veterans Affairs, aiming to enhance the health and lives of veterans, their families, and the public at large. The institution has been instrumental in advancing medical training and education, expanding access to pharmacogenomic testing to over 10,000 veterans across various VA healthcare systems nationwide. They have also engaged in pharmacogenomic education with approximately 1,000 new VA providers and hosted regular PGX learning sessions. Furthermore, they have developed automated clinical decision support tools for drug-gene alerts and are preparing for a panel expansion of genes used in testing.


Official website here: www.imr.org

Who is the CEO of Institute For Medical Research Inc?

David Edelman Md is the Secretary/Tr of Institute For Medical Research Inc.


Official website here: www.imr.org

What is the revenue of Institute For Medical Research Inc?

Institute For Medical Research Inc's revenue in 2022 was $7,876,347.


Official website here: www.imr.org

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

The average compensation at Institute For Medical Research Inc during 2022 was $48,599. There are 90 employees and 2 volunteers at Institute For Medical Research Inc.

Here are 17 key members and their salaries:

    Liana Puscas Md (Secretary/Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $391,935
  • Other: $0

    • Kenneth Goldberg Md (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $337,189
  • Other: $0

    • John Whited Md (President) [Trustee/Director]
  • Compensation: $0
  • Related: $267,570
  • Other: $0

    • Paul Crews Mph (Director)
  • Compensation: $0
  • Related: $213,300
  • Other: $0

    • Alyshia Smith Dnp (Director)
  • Compensation: $0
  • Related: $209,300
  • Other: $0

    • Marri Fryar (Director)
  • Compensation: $0
  • Related: $195,500
  • Other: $0

    • John Fairbank Phd (Director)
  • Compensation: $0
  • Related: $172,500
  • Other: $0

    • Lorie Moll (Interim Ex D)
  • Compensation: $133,922
  • Related: $0
  • Other: $0

    • Jennifer Naylor Md (Interim Pres) [Trustee/Director]
  • Compensation: $0
  • Related: $124,463
  • Other: $0

    • Mary Powell (Interim Ex D)
  • Compensation: $36,257
  • Related: $0
  • Other: $0

    • Brian Letourneau (Director)
  • Compensation: $12,400
  • Related: $0
  • Other: $0

    • Dennis Shipman (Director)
  • Compensation: $9,000
  • Related: $0
  • Other: $0

    • Phil Landis (Director)
  • Compensation: $5,600
  • Related: $0
  • Other: $0

    • Lawrence Kahn (Cfo)
  • Compensation: $0
  • Related: $3,435
  • Other: $0

    • David Edelman Md (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Adams Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Smith (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.imr.org

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

    The Institute For Medical Research Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.imr.org

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

    Mission Statement of Institute For Medical Research Inc

    The Institute for Medical Research Inc is dedicated to supporting research and education within the Veterans Affairs Health Care System. Its primary purpose is to enhance the health and wellbeing of veterans, their families, and the public at large. The organization achieves this mission by providing educational and training programs, such as the VA Pharmacogenomics Action for Cancer Survivorship (PHASER). Through this program, the Institute expanded access to pharmacogenomic testing to over 10,000 veterans across 25 VA Health Care Systems nationwide. Moreover, they engaged in pharmacogenomic education with approximately 1,000 new VA providers and hosted monthly PGX learning sessions.

    The Institute has also demonstrated a commitment to spreading pharmacogenomic knowledge further. They secured commitments from another 27 VA hospitals to implement the PHASer PGX testing program. Additionally, they developed and released nationally automated clinical decision support tools for drug-gene alerts for various medications. By the end of the calendar year, they intended to expand the testing panel from 11 to 15 genes. This continuous effort to advance pharmacogenomic research and education reflects the Institute for Medical Research Inc's mission to improve healthcare outcomes for veterans and the broader community.

    Impact

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




    Saturday, July 20, 2024

    Institute For Medical Research Inc's impact is significant in advancing medical research and education within the Durham Veterans Affairs Health Care System. They have supported a medical training and education program, specifically the VA Pharmacogenomics Action for Cancer Survivorship (PHASER), which has expanded access to pharmacogenomic (PGX) testing for thousands of veterans across 25 VA health care systems nationwide. Additionally, they have engaged in pharmacogenomic education for VA providers, hosted learning sessions, and released newsletters to clinicians, all aimed at improving patient care through personalized medicine.

    Moreover, Institute For Medical Research Inc has secured commitments from 27 VA hospitals to implement the PHASER PGX testing program and developed nationally automated clinical decision support tools for drug-gene alerts. They are also preparing for a testing panel expansion from 11 to 15 genes, showcasing their commitment to further improving precision medicine practices for veterans and the public at large. Through their efforts, they are making a tangible impact on enhancing the health and lives of veterans and their families.





    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: $9,819
  • Program Service Revenue: $7,856,185
  • Gross Receipts: $7,876,347

    • Assets and Liabilities:
  • Total Assets: $5,835,101
  • Total Liabilities: $2,384,414
  • Net Assets: $3,450,687
  • Programs

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

    NONFEDERAL GRANTS & CONTRACTS

    Revenue

    $5,921,429

    FEDERAL GRANTS & CONTRACTS

    Revenue

    $1,508,267

    PERSONNEL AGREEMENTS

    Revenue

    $426,489

    Organization Details

    Founding Year

    1989

    Principal Officer

    David Edelman Md

    Main Address

    508 FULTON STREET 151/IMR, DURHAM, NC, 27705

    NTEE Category

    Code: H30 - Medical research

    If you are a representative of Institute For Medical Research 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.