Physicians Research Network Inc
- Assets
- $280.9k
- Revenue
- $284.2k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 06/1991
- Data as of
- 08/2023
- EIN
- 13-3606675
Organization Overview
Physicians Research Network Inc is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Physicians Research Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Physicians Research Network Inc generated $284.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $340.1k during the year ending 08/2023. While expenses have increased by 4.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SCIENTIFIC AND MEDICAL RESEARCH AND TREATMENT OF HIV DISEASE AND ITS COMPLICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL EDUCATION SYMPOSIA: PRN HAS ESTABLISHED A REPUTATION FOR SPOTLIGHTING THE WORK OF THE MOST INNOVATIVE AND INFLUENTIAL LEADERS IN THE FIELDS OF HIV AND HEPATITIS DIAGNOSIS, TREATMENT AND RESEARCH. COVERING 20 TOPICS IN 10 MONTHLY LIVE-MEETINGS VIA ZOOM ANNUALLY. IN COLLABORATION WITH THE MEDICAL SOCIETY OF STATE OF NEW YORK (MSSNY), PRN ISSUES CME CREDITS TO CLINICIANS ATTENDING PRN'S LIVE-MEETINGS AND ONLINE STUDENTS COMPLETING PRN'S ENDURING CME PROGRAMS. BEGINNING IN 2020 PRN BEGAN ISSUING MAINTENANCE OF CERTIFICATION (MOC) CREDITS.ON DECEMBER 6, 2016, DR. JAMES BRAUN, PRESIDENT OF PRN, WAS THE RECIPIENT OF THE LINDA LAUBENSTEIN AWARD FOR HIV CLINICAL EXCELLENCE, FROM THE NYSDOH AIDS INSTITUTE "IN RECOGNITION OF HIS LEADERSHIP AND UNWAVERING COMMITMENT TO PROVIDING CLINICAL EDUCATION THAT HAS PROFOUNDLY EXPANDED AWARENESS OF HIV MEDICINE AND POLICY AMONG NEW YORK STATE CARE PROVIDERS." AS DR. BRUCE AGINS, MEDICAL DIRECTOR OF THE AIDS INSTITUTE OF THE NEW YORK STATE DEPARTMENT OF HEALTH STATED IN HIS INTRODUCTORY REMARKS FOR THIS AWARD, "I WANT TO FOCUS ON WHAT HAS BEEN JIM'S SIGNIFICANT AND OUTSTANDING CONTRIBUTION TO CLINICAL EXCELLENCE IN HIV CARE IN NEW YORK. I THINK I WOULD NOT BE UNDERESTIMATING JIM'S IMPACT BY SAYING THAT HE HAS PROBABLY BEEN RESPONSIBLE FOR EDUCATING MORE PRACTITIONERS ABOUT HIV IN NEW YORK THAN ANY OTHER PERSON. AND THAT'S NOT BECAUSE OF LONGEVITY. IT IS BECAUSE OF HIS TIRELESS EFFORTS THROUGH AN ORGANIZATION HE FOUNDED: PRN." PRN IS WELL-KNOWN FOR ITS PROGRAMS FEATURING INNOVATIVE AND INFLUENTIAL LEADERS IN THE FIELDS OF HIV TREATMENT AND PREVENTION, THE DIAGNOSIS AND MANAGEMENT OF COINFECTIONS INCLUDING VIRAL HEPATITIS, AS WELL AS OTHER COMPLICATIONS AND COMORBIDITIES. PRN'S MONTHLY MEETINGS ARE ALWAYS WELL ATTENDED WITH 60-100 ATTENDEES EACH MONTH. SINCE 2001 IN COLLABORATION WITH THE NEW YORK COUNTY MEDICAL SOCIETY AND SINCE 2O1O WITH THE MEDICAL SOCIETY OF THE STATE OF NEW YORK (MSSNY), PRN HAS ISSUED CME CREDITS TO OUR LIVE-MEETING ATTENDEES. THE TOPICS, CONTENT, AND EDUCATIONAL AIMS OF PRN MEETINGS ARE BASED ON EXPRESSED NEEDS OF PRN MEMBERS, ADVANCES IN TECHNOLOGY AND RESEARCH PERTINENT TO IMPROVED PATIENT CARE, AND OBJECTIVE MEASURES OF PRN AUDIENCE KNOWLEDGE AND PERFORMANCE THROUGH THE USE OF PRE- AND POST-MEETING AUDIENCE EVALUATIONS. IN ADDITION TO PRN'S MONTHLY LIVE-EVENTS, PRN CREATES VIDEOS OF ITS EDUCATIONAL PROGRAMS AND PUBLISHES THEM ONLINE IN THE PRN NOTEBOOK AT THE PRN WEBSITE WWW.PRN.ORG. PRN ALSO GIVES THESE PROGRAMS FREE-OF-CHARGE TO THE AIDS INSTITUTE OF THE NEW YORK STATE DEPARTMENT OF HEALTH FOR BROADCAST WITH CME ON THEIR CONTINUING EDUCATION INITIATIVE. THESE ONLINE STUDENTS WERE MOSTLY PHYSICIANS, NURSE PRACTITIONERS, ADVANCED PRACTICE NURSES, PHYSICIAN ASSISTANTS, REGISTERED NURSES, AND PHARMACISTS, AND THE REMAINDER CAME FROM A VARIETY OF BACKGROUNDS INCLUDING CASE/ CARE MANAGERS, COUNSELORS, HEALTH EDUCATORS, OUTREACH WORKERS, SOCIAL WORKERS, PSYCHOLOGISTS, MEDICAL/DENTAL ASSISTANTS, DENTISTS, HEALTH PROGRAM ADMINISTRATORS/COORDINATORS, HEALTH PROFESSION STUDENTS/TRAINEES, PUBLIC HEALTH PROFESSIONS, PHARMACY TECHNICIANS, HIV TEST COUNSELORS, NUTRITIONISTS, DIETITIANS, DENTAL HYGIENISTS, THERAPISTS AND INTERVENTIONISTS, INDICATING A WIDE PROFESSIONAL NEED FOR EDUCATIONAL PROGRAMS PRODUCED BY PRN.
WEBSITE AND ONLINE EDUCATION: PRN MAINTAINS A WEB SITE (WWW.PRN.ORG) WHERE ENDURING VIDEOS OF PRN'S LIVE-MEETINGS PROVIDE ONLINE CONTINUING MEDICAL EDUCATION TO A MUCH WIDER NATIONAL AUDIENCE OF CLINICIANS. ALSO ON THE PRN WEBSITE IS THE "PRN NEWS" COLUMN WITH REPORTS FROM NATIONAL AND INTERNATIONAL CONFERENCES PERTINENT TO CLINICAL DIAGNOSIS AND CARE OF HIV AND HEPATITIS. ALL POSTINGS ARE EDITED AND FACT-CHECKED BY OUR EDITORIAL STAFF AND ARE FOCUSED ON NEWS IMPORTANT TO PRN'S TARGET AUDIENCE OF PRIMARY CARE CLINICIANS.EFFECTIVE MARCH 2020 FACILITIES USED TO HOLD LIVE-MEETINGS WERE CLOSED DUE TO COVID-19. BEGINNING IN APRIL 2020 LIVE PRESENTATIONS WERE MADE VIA ZOOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James F Braun President | OfficerTrustee | 40 | $120,000 |
Paul J Giacomo Secretary | OfficerTrustee | 2 | $0 |
Krisczar J Bungay Director | Trustee | 2 | $0 |
Edward Vladich Treasurer | Officer | 25 | $54,792 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $284,215 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $284,215 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $284,216 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $199,757 |
| Compensation of current officers, directors, key employees. | $51,937 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,076 |
| Payroll taxes | $9,460 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,141 |
| Advertising and promotion | $0 |
| Office expenses | $5,504 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,367 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,118 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,155 |
| Insurance | $0 |
| All other expenses | $5,450 |
| Total functional expenses | $340,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,775 |
| Savings and temporary cash investments | $10,034 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $43,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,600 |
| Net Land, buildings, and equipment | $13,200 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,300 |
| Total assets | $280,909 |
| Accounts payable and accrued expenses | $21,782 |
| Grants payable | $0 |
| Deferred revenue | $89,198 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $110,980 |
| Net assets without donor restrictions | $169,929 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $280,909 |