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Biomedical Research Foundation Of Northwest Louisiana

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

EIN: 581711612 ✦ Shreveport, LA ✦ Designated as a 501(c)(3)

Overview

What is Biomedical Research Foundation Of Northwest Louisiana?

The Biomedical Research Foundation of Northwest Louisiana, established in 1986, is a nonprofit organization initiated by the Shreveport Chamber of Commerce to stimulate economic growth in the north Louisiana region. As the local economy was heavily reliant on the oil and gas industry, which was negatively impacted by plummeting oil prices, the Chamber entrusted BRF with the mission to invest in new sectors and diversify the economy. This mission has attracted a dedicated team of local civic leaders and skilled professionals from across the United States. Their efforts aim to foster positive economic change in north Louisiana.


Official website here: www.brfla.org

Is Biomedical Research Foundation Of Northwest Louisiana legitimate?

Biomedical Research Foundation Of Northwest Louisiana is a legitimate nonprofit organization registered as a 501(c)(3) entity. Biomedical Research Foundation Of Northwest Louisiana 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: $2,935,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,516,106

For more financial information, click here


Official website here: www.brfla.org

What is the mission statement of Biomedical Research Foundation Of Northwest Louisiana?

The Biomedical Research Foundation of Northwest Louisiana was established in 1986 by the Shreveport Chamber of Commerce with a mission to drive economic growth and development in the region. As the north Louisiana economy was heavily reliant on the oil and gas industry and facing challenges due to plummeting oil prices, the foundation was tasked with expanding the economic sectors. The all-volunteer board, comprised of local civic leaders and professionals from across the United States, has been instrumental in the foundation's efforts to act as a catalyst for positive economic change.


Official website here: www.brfla.org

Who is the CEO of Biomedical Research Foundation Of Northwest Louisiana?

John F George Md is the Principal Officer of Biomedical Research Foundation Of Northwest Louisiana. The CEO's salary of Biomedical Research Foundation Of Northwest Louisiana is $664,900 and their total compensation is $704,747.


Official website here: www.brfla.org

What is the revenue of Biomedical Research Foundation Of Northwest Louisiana?

Biomedical Research Foundation Of Northwest Louisiana's revenue in 2022 was $17,971,196.


Official website here: www.brfla.org

Who are the executives of Biomedical Research Foundation Of Northwest Louisiana and what are their salaries?

The average compensation at Biomedical Research Foundation Of Northwest Louisiana during 2022 was $83,782. There are 77 employees and 16 volunteers at Biomedical Research Foundation Of Northwest Louisiana.

Here are 29 key members and their salaries (Biomedical Research Foundation Of Northwest Louisiana's CEO's salary is $664,900 and their total compensation is $704,747):

    John George (President/Ceo) [Trustee/Director]
  • Compensation: $664,900
  • Related: $0
  • Other: $39,847

    • James Dean (Executive Vp And Coo)
  • Compensation: $488,779
  • Related: $0
  • Other: $33,281

    • Pradeep Garg (Executive Director)
  • Compensation: $456,887
  • Related: $0
  • Other: $28,962

    • David Smith (Executive Director)
  • Compensation: $261,503
  • Related: $0
  • Other: $13,967

    • Sudha Garg (Director Of Radiopharmaceu)
  • Compensation: $253,388
  • Related: $0
  • Other: $20,550

    • John Miralles (Director Of Digital Instit)
  • Compensation: $174,959
  • Related: $0
  • Other: $23,821

    • David Schmidt (Executive Director)
  • Compensation: $176,339
  • Related: $0
  • Other: $17,124

    • Jay Meyers (Vp For External Affairs)
  • Compensation: $171,053
  • Related: $0
  • Other: $15,696

    • Julie Milam (Sr. Financial Analyst)
  • Compensation: $166,612
  • Related: $0
  • Other: $16,043

    • Stephen Lokitz (Director Of Imaging Scienc)
  • Compensation: $135,350
  • Related: $0
  • Other: $21,574

    • Hilary Wooley (Corporate Council)
  • Compensation: $129,534
  • Related: $0
  • Other: $16,844

    • Douglas Stewart (Teacher For Dmi)
  • Compensation: $114,719
  • Related: $0
  • Other: $20,263

    • Patrick Murphy (Facilities Manager)
  • Compensation: $112,061
  • Related: $0
  • Other: $13,274

    • Rachid Nazih (Site Manager)
  • Compensation: $103,713
  • Related: $0
  • Other: $18,678

    • Arlena Acree (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lennis S Elston Cpa (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Billy Montgomery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bonnie Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry E Moore (Vice-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Malcolm S Murhcison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda C Sell Cpa (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arthur Thompson (Past-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph W Trey Baucum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Crawford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Graham Walker (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lindora Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark D Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick R Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grady Morrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.brfla.org

    Where can I find the form 990 for Biomedical Research Foundation Of Northwest Louisiana?

    The Biomedical Research Foundation Of Northwest Louisiana’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.brfla.org

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

    Mission Statement of Biomedical Research Foundation Of Northwest Louisiana

    The Biomedical Research Foundation of Northwest Louisiana, or BRF, was established in 1986 by the Shreveport Chamber of Commerce with a mission to instigate economic transformation in north Louisiana. At a time when the local economy was heavily reliant on the oil and gas industry and grappling with the aftermath of plummeting oil prices, BRF was tasked with spearheading economic growth in new sectors.

    The organization's founding members, comprised of prominent local civic leaders and accomplished professionals from across the United States, shared a vision to make a significant impact on the regional economy. Inspired by this mission, BRF set out to attract businesses, create jobs, and foster innovation in the scientific research sector.

    BRF's commitment to being a catalyst for positive change in north Louisiana has been realized through the dedication of its all-volunteer board. With a passion for driving progress in their community, these visionary individuals have harnessed their expertise and resources to propel the foundation forward. The BRF's mission continues to resonate as a beacon of hope and opportunity in the region, attracting innovation and investment to create a more diverse and sustainable economy.

    Impact

    This information is meant to be a general summary of Biomedical Research Foundation Of Northwest Louisiana. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Biomedical Research Foundation Of Northwest Louisiana, established in 1986, has made a significant impact by serving as a catalyst for positive economic change in the region. Tasked with diversifying the local economy and investing in new sectors, BRF has played a vital role in reducing the region's dependence on the oil and gas industry. Through its focus on medical research, BRF has attracted key civic leaders and experienced professionals, contributing to the growth and development of north Louisiana.





    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: $-2,338,372
  • Program Service Revenue: $19,015,624
  • Gross Receipts: $20,503,350

    • Assets and Liabilities:
  • Total Assets: $99,874,255
  • Total Liabilities: $15,242,283
  • Net Assets: $84,631,972
  • Programs

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

    RENTAL INCOME

    Revenue

    $10,312,515

    LOCAL GOVERNMENT OPERATING REVENU

    Revenue

    $2,863,251

    OMICRON SERVICES

    Revenue

    $2,854,974

    POSITRON EMISSION TOMOGRAPHY

    Revenue

    $1,565,391

    RADIOPHARMACEUTICAL SALES

    Revenue

    $896,014

    Organization Details

    Founding Year

    1986

    Principal Officer

    John F George Md

    Main Address

    POST OFFICE BOX 38050, SHREVEPORT, LA, 711338050

    NTEE Category

    Code: H920 - Medical research

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