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Neurolipid Research Foundation

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

EIN: 800496243 ✦ Millville, NJ ✦ Designated as a 501(c)(3)

Overview

What is Neurolipid Research Foundation?

The Neurolipid Research Foundation, situated in Millville, New Jersey, is a charitable organization dedicated to conducting research and seeking solutions for neurological diseases, with a particular focus on disorders affecting the brain. Established for charitable, educational, scientific, religious, and cultural purposes, the foundation is committed to making and distributing funds to other qualifying 501(c)(3) organizations. With a modest workforce of four individuals, the Neurolipid Research Foundation contributes to the broader scientific community, working tirelessly to uncover answers and improve the lives of those affected by neurological diseases.


Official website here: www.neurolipid-research.org

Is Neurolipid Research Foundation legitimate?

Neurolipid Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neurolipid 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,500

For more financial information, click here


Official website here: www.neurolipid-research.org

What is the mission statement of Neurolipid Research Foundation?

The Neurolipid Research Foundation is organized with charitable, educational, scientific, religious, and cultural objectives in mind. Its primary purpose is to distribute funds to organizations that qualify as exempt under Section 501(C)(3) of the Internal Revenue Code or its corresponding section in any federal tax code. The foundation conducts research and strives to find answers for neurological diseases, particularly those affecting the brain. Its mission involves supporting charitable, educational, scientific, religious, and cultural organizations, aiming to contribute to the better understanding and treatment of neurological disorders.


Official website here: www.neurolipid-research.org

Who is the CEO of Neurolipid Research Foundation?

Herbert Pierce Iii is the President/Tr of Neurolipid Research Foundation.


Official website here: www.neurolipid-research.org

What is the revenue of Neurolipid Research Foundation?

Neurolipid Research Foundation's revenue in 2020 was $1,070,224.


Official website here: www.neurolipid-research.org

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

The average compensation at Neurolipid Research Foundation during 2020 was $34,875. There are 4 employees at Neurolipid Research Foundation.

Here are 3 key members and their salaries:

    Herbert Pierce Iii (President/Tr) [Trustee/Director]
  • Compensation: $101,000
  • Related: $0
  • Other: $0

    • Krishna Doniparthi (Trustee)
  • Compensation: $6,500
  • Related: $0
  • Other: $0

    • Melvin Pierce (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.neurolipid-research.org

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

    The Neurolipid Research Foundation’s most recent form 990 was submitted in 2020 and can be accessed here


    Official website here: www.neurolipid-research.org

    Learn more at the official website: www.neurolipid-research.org

    Mission Statement of Neurolipid Research Foundation

    The Neurolipid Research Foundation is organized primarily for charitable, educational, scientific, religious, and cultural purposes. One of its key objectives is to make and distribute funds to organizations that fall under Section 501(C)(3) of the Internal Revenue Code, or its corresponding section in any federal tax code. This foundation's primary mission is centered around conducting research and seeking answers for neurological diseases, with a particular focus on those affecting the brain. Through its efforts, the Neurolipid Research Foundation aims to contribute to the broader scientific community and potentially impact the lives of individuals affected by neurological disorders.

    Impact

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




    Saturday, July 20, 2024

    Neurolipid Research Foundation's impact lies in advancing research and seeking answers for neurological diseases, with a particular focus on those affecting the brain. Through its scientific endeavors, the organization strives to make significant contributions to the understanding and treatment of such conditions.





    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 2020.

  • Investment Income: $0
  • Program Service Revenue: $879,158
  • Gross Receipts: $1,070,224

    • Assets and Liabilities:
  • Total Assets: $65,224
  • Total Liabilities: $115,695
  • Net Assets: -$50,471
  • Programs

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

    PROGRAM SERVICE REVENUE

    Revenue

    $879,158

    Organization Details

    Principal Officer

    Herbert Pierce Iii

    Main Address

    2124 NORTH 2ND STREET SUITE 1005, MILLVILLE, NJ, 08332

    NTEE Category

    Code: G96 - Disease

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