Biomedical Research Foundation

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

EIN: 710675830 ✦ Little rock, AR ✦ Designated as a 501(c)(3)

Overview

What is Biomedical Research Foundation?

The Biomedical Research Foundation is a nonprofit organization situated in Little Rock, Arkansas, specifically at 4300 WEST 7TH STREET. Their primary mission is to enhance the research and educational initiatives of the Department of Veterans Affairs by funding projects at the John L. McClellan Memorial Veterans Hospital. This support primarily focuses on clinical and basic research projects aimed at improving the understanding and treatment of diseases, with a particular emphasis on those affecting the veteran population. The foundation has backed around 30 studies at the hospital, primarily in the fields of cardiovascular, vascular, renal function, hypertension, PTSD, and aging. The results of these studies have led to multiple peer-reviewed publications. The organization employs a team of 26 individuals.


Official website here: www.biomedicalresearchfoundation.org

Is Biomedical Research Foundation legitimate?

Biomedical Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Biomedical Research Foundation 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: $127,161
Professional Fundraising Fees: $0
Other Salaries and Wages: $844,776

For more financial information, click here


Official website here: www.biomedicalresearchfoundation.org

What is the mission statement of Biomedical Research Foundation?

The Biomedical Research Foundation's mission is to contribute to the research and education mission of the Department of Veterans Affairs. It achieves this by supporting research-related activities, specifically focusing on human diseases that affect veterans. The foundation primarily supports clinical and basic research projects, with a focus on areas such as cardiovascular, vascular, renal function, hypertension, PTSD, and aging. The supported studies, numbering around 30, yielded several peer-reviewed publications, contributing to a better understanding and treatment of these conditions.


Official website here: www.biomedicalresearchfoundation.org

Who is the CEO of Biomedical Research Foundation?

Alan Wolfman is the President of Biomedical Research Foundation.


Official website here: www.biomedicalresearchfoundation.org

What is the revenue of Biomedical Research Foundation?

Biomedical Research Foundation's revenue in 2022 was $1,219,275.


Official website here: www.biomedicalresearchfoundation.org

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

The average compensation at Biomedical Research Foundation during 2022 was $37,382. There are 26 employees at Biomedical Research Foundation.

Here are 11 key members and their salaries:

    John Gocio (President) [Trustee/Director]
  • Compensation: $0
  • Related: $391,994
  • Other: $107,943

    • Margie Scott (Director)
  • Compensation: $0
  • Related: $331,059
  • Other: $91,785

    • Erica Hiett (Director)
  • Compensation: $0
  • Related: $314,435
  • Other: $86,617

    • Shanna Palmer (Director)
  • Compensation: $0
  • Related: $311,310
  • Other: $69,115

    • Richard Owen (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $295,185
  • Other: $83,280

    • Alan Wolfman (Executive Di)
  • Compensation: $127,161
  • Related: $0
  • Other: $0

    • Terry Dewitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronda S Henry-Tillman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shuk-Mei Ho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tina Mcclain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mohammed Moursi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.biomedicalresearchfoundation.org

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

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


    Official website here: www.biomedicalresearchfoundation.org

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

    Mission Statement of Biomedical Research Foundation

    The Biomedical Research Foundation is committed to advancing the research and educational mission of the Department of Veterans Affairs. Specifically, it supports research-related activities at the John L. McClellan Memorial Veterans Hospital in Little Rock, Arkansas. This nonprofit organization aims to enhance our understanding and treatment of various human diseases, with a particular focus on those affecting the veteran population. Through its efforts, approximately 30 clinical and basic research projects were funded, covering areas such as cardiovascular, vascular, renal function, hypertension, PTSD, and aging. The foundation's contributions have led to numerous peer-reviewed publications, derived from the results of these studies.

    Impact

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




    Saturday, July 20, 2024

    Biomedical Research Foundation has made a significant impact by advancing the research and education mission of the Department of Veterans Affairs at the John L. McClellan Memorial Veterans Hospital in Little Rock, Arkansas. The foundation has supported both clinical and basic research projects aimed at improving the treatment and understanding of human diseases, with a specific focus on the veteran population.

    Approximately 30 studies at the VA Medical Center have been supported through foundation funding, covering areas such as cardiovascular health, vascular diseases, renal function, hypertension, PTSD, and aging. The research efforts have led to multiple peer-reviewed publications that are poised to contribute valuable insights to the field of medical research.

    Overall, Biomedical Research Foundation's dedication to supporting research related activities at the veterans hospital in Little Rock has undoubtedly enhanced the quality of healthcare and treatment options available to veterans, ultimately contributing to the advancement of medical science and improving outcomes for those who have served our country.





    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: $3,781
  • Program Service Revenue: $1,214,351
  • Gross Receipts: $1,219,275

    • Assets and Liabilities:
  • Total Assets: $1,305,966
  • Total Liabilities: $101,055
  • Net Assets: $1,204,911
  • Programs

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

    IPA REVENUE

    Revenue

    $693,260

    FEDERAL CONTRACT & GRANT REV

    Revenue

    $413,720

    NON-FED CONTRACT & GRANT REV

    Revenue

    $107,371

    Organization Details

    Founding Year

    1989

    Principal Officer

    Alan Wolfman

    Main Address

    4300 WEST 7TH STREET, LITTLE ROCK, AR, 72205

    NTEE Category

    Code: H90 - Medical research

    If you are a representative of Biomedical Research Foundation 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.