Overview
What is Empire Discovery Institute Inc?
Empire Discovery Institute Inc, based in Rochester, New York, is a charitable organization with a mission to benefit academic, medical, and research institutions. Its primary objective is to create an educational ecosystem in Upstate New York, nurturing the next generation of scientists and business leaders. The institute aims to support the regional economy of Upstate New York and contribute to life sciences economic development. It achieves this by establishing a research and business initiative, focusing on accelerating translational research, generating innovative proof-of-concept studies, and advancing the scientific and educational activities of the institutions' faculty, fellows, and students in aspects of chemistry, pharmacology, and drug discovery. The institute also facilitates the creation of startup companies and other spinoff initiatives, engaging exclusively in charitable and scientific activities for the betterment of society.
Official website here: www.discoveredi.org
Is Empire Discovery Institute Inc legitimate?
Empire Discovery Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Empire Discovery Institute 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $945,285
For more financial information, click here
Official website here: www.discoveredi.org
What is the mission statement of Empire Discovery Institute Inc?
Empire Discovery Institute Inc is dedicated to carrying out charitable and scientific activities benefiting academic, medical, and research institutions. Its primary aim is to establish an educational ecosystem in an unspecified region, to nurture the next generation of scientists and business leaders. The organization aspires to support the regional economy and accrue life sciences economic development benefits. It achieves this through a research and business initiative focused on accelerating translational research, generating innovative proof-of-concept studies, and advancing the scientific and educational activities of the affiliated institutions' faculty, fellows, and students in aspects of chemistry, pharmacology, and drug discovery. Additionally, the Institute facilitates the creation of startup companies and other spinoff initiatives, and engages in other charitable and scientific activities.
Official website here: www.discoveredi.org
Who is the CEO of Empire Discovery Institute Inc?
Ronald C Newbold is the Principal Officer of Empire Discovery Institute Inc. The CEO's salary of Empire Discovery Institute Inc is $303,035 and their total compensation is $344,503.
Official website here: www.discoveredi.org
What is the revenue of Empire Discovery Institute Inc?
Empire Discovery Institute Inc's revenue in 2022 was $8,288,192.
Official website here: www.discoveredi.org
Who are the executives of Empire Discovery Institute Inc and what are their salaries?
- Ronald C Newbold Non Voting (Interim Ceo (Began 8/5/22))
- Dr Martin Graham (Board Member/Ceo (To 8/5/2022)) [Trustee/Director]
- Adam Tulgan (Coo/Acting Cfo)
- Molly Mesko (Dir Of Portfolio Devel & Alliance Mgmt)
- Dr Satish Tripathi (Board Member, Chair) [Trustee/Director]
- Dr Venu Govindaraju (Board Member) [Trustee/Director]
- Dr Candace Johnson (Board Member) [Trustee/Director]
- Dr Thomas Schwaab (Board Member) [Trustee/Director]
- Dr Mark Taubman (Board Member) [Trustee/Director]
- Peter Robinson (Board Member) [Trustee/Director]
- Stephen Mccluski (Board Member) [Trustee/Director]
- Robert Fraass (Board Member) [Trustee/Director]
- Mark Kercher (Board Member) [Trustee/Director]
- Thomas Quinn Non-Voting (Board Treasurer)
- Christina Orsi Non-Voting (Board Secretary (To 1/31/22))
- Doug Plessinger Non-Voting (Board Asst Secretary (To 11/3/22))
- Jeffrey Dunbar Non-Voting (Board Secretary (Began 2/7/22))
Official website here: www.discoveredi.org
Where can I find the form 990 for Empire Discovery Institute Inc?
The Empire Discovery Institute Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.discoveredi.org
Learn more at the official website: www.discoveredi.org
Mission Statement of Empire Discovery Institute Inc
The Empire Discovery Institute Inc, a charitable organization, is dedicated to engaging in scientific activities for the benefit of academic, medical, and research institutions. Its primary mission is to foster an educational ecosystem in various regions, particularly in Upstate New York, to cultivate the next generation of scientists and business leaders. By supporting Upstate New York's regional economy, the Institute aims to accrue life sciences economic development benefits for the region.
The Institute has established a research and business initiative focused on advancing translational research and generating innovative proof-of-concept studies. This initiative facilitates the scientific and educational activities of the Institute's faculty, fellows, and students in aspects of chemistry, pharmacology, and drug discovery. Additionally, the Institute actively encourages the creation of startup companies and other spinoff initiatives, further enhancing the local scientific community.
In summary, the Empire Discovery Institute Inc is a charitable organization committed to enhancing the scientific and educational landscape, particularly in Upstate New York. By fostering an ecosystem for the next generation of scientists and business leaders, the Institute aims to drive economic development in the life sciences sector while supporting the activities of academic, medical, and research institutions.
Impact
This information is meant to be a general summary of Empire Discovery Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Tuesday, June 18, 2024
Empire Discovery Institute Inc's impact lies in its dedication to advancing scientific and charitable activities for the benefit of academic, medical, and research institutions, particularly in upstate New York. By fostering an educational ecosystem for training the next generation of scientists and business leaders, the Institute contributes to the regional economy and promotes life sciences economic development in upstate New York. Through its focus on accelerating translational research, generating innovative proof-of-concept studies, and supporting the creation of startup companies, Empire Discovery Institute Inc plays a crucial role in advancing the scientific and educational activities of its affiliated institutions. Ultimately, the Institute's work in identifying medically important pathways and targets related to human disease contributes to addressing critical, unmet needs for patients and facilitates the development of novel, highly differentiated therapeutics.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICES REVENUE
Revenue
$688,192
Organization Details
Founding Year
2017
Phone
(585) 276-3150
Principal Officer
Ronald C Newbold
Main Address
601 ELMWOOD AVENUE BOX EDI, ROCHESTER, NY, 14642
Website
www.discoveredi.org
NTEE Category
Code: C60 - Environment
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