Health Research Incorporated
- Assets
- $793.3m
- Revenue
- $1.3b
- Investments
- $0.0
- Employees
- 2,502
- Location
- Menands, NY
- Founding
- 03/1955
- Data as of
- 03/2022
- EIN
- 14-1402155
Organization Overview
Health Research Incorporated is located in Menands, NY. The organization was established in 1955. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. As of 03/2022, Health Research Incorporated employed 2,502 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Research Incorporated 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 03/2022, Health Research Incorporated generated $1.3b in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $1.3b during the year ending 03/2022. While expenses have increased by 9.8% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIV UNINSURED PROGRAMS SEE SCHEDULE O
PUBLIC HEALTH EMERGENCY PREPAREDNESS AND HOSPITAL PREPAREDNESSSEE SCHEDULE O
CANCER RESEARCH SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary E Reid Chief, Cancer Screening & | 38 | $280,735 | |
Romina J Tommasiello Health Program Administrator I | 38 | $204,091 | |
Charles J Gonzalez Medical Director, Ai | 38 | $195,658 | |
Francisco A Diaz Health Program Administrator I | 38 | $193,670 | |
Michael J Primeau Director, Office Health Emerg Prep | 38 | $191,596 | |
Cheryl A Mattox Executive Director | OfficerTrustee | 38 | $165,786 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Opad Media Solutions Consultant | 3/30/22 | $5,439,585 |
Execusearch Holdings Llc Consultant | 3/30/22 | $27,512,701 |
Public Consulting Group Llc Consultant | 3/30/22 | $394,407,476 |
Starr Tent And Event Group Llc Consultant | 3/30/22 | $1,085,889 |
Mccarthy Tents And Events Llc Consultant | 3/30/22 | $3,601,334 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $859,110,362 |
| All other contributions, gifts, grants, and similar amounts not included above | $470,442,459 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,329,552,821 |
| Total Program Service Revenue | $103,605 |
| Investment income | $1,538,533 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $299,793 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $266,645 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,331,761,397 |
| 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. | $484,546 |
| Compensation of current officers, directors, key employees. | $484,546 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $152,174,210 |
| Pension plan accruals and contributions | $18,919,549 |
| Other employee benefits | $25,963,610 |
| Payroll taxes | $10,470,323 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $342,452 |
| Fees for services: Accounting | $146,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $70,396 |
| Fees for services: Other | $8,530,479 |
| Advertising and promotion | $0 |
| Office expenses | $74,478,582 |
| Information technology | $2,058,407 |
| Royalties | $104,217 |
| Occupancy | $3,714,512 |
| Travel | $519,388 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $385,147 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $276,561 |
| Insurance | $921,327 |
| All other expenses | $20,536,838 |
| Total functional expenses | $1,290,001,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,404,962 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $93,758,507 |
| Accounts receivable, net | $1,154,557 |
| 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 | $170,251 |
| Net Land, buildings, and equipment | $926,600 |
| Investments—publicly traded securities | $567,803,819 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,130,335 |
| Total assets | $793,349,031 |
| Accounts payable and accrued expenses | $90,586,880 |
| Grants payable | $0 |
| Deferred revenue | $43,003,694 |
| 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 | $10,130,335 |
| Total liabilities | $143,720,909 |
| Net assets without donor restrictions | $133,528,426 |
| Net assets with donor restrictions | $516,099,696 |
| 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 | $793,349,031 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Health Research Incorporated has recieved totaling $3,383,705.
| Awarding Organization | Amount |
|---|---|
Vital Strategies Inc New York, NY PURPOSE: RESOLVE | $1,097,367 |
Association Of Public Health Laboratories Inc Silver Spring, MD PURPOSE: CONDUCT THE PROJECT RELATED TO IMPROVING THE PROPORTION OF DRIED BLOOD SPOT (DBS) SPECIMENS RECEIVED WITHIN 48 HOURS OF COLLECTION BY 10% FROM BASELINE (2019 DATA) AT 4 SELECTED HOSPITALS BY EDUCATING HOSPITAL STAFF AND PROVIDING PERFORMANCE TREND REPORTS. ALSO, CONDUCT THE PROJECT RELATED TO SUBSTANTIALLY INCREASING THE ABILITY TO ASSESS AND IMPLEMENT NGS TO ELUCIDATE VARIANTS INDICATIVE OF IDIOPATHIC T CELL LYMPHOPENIA (ITCL). | $529,745 |
The Parent Project For Muscular Dystrophy Research Inc Washington, DC PURPOSE: RESEARCH- NYS NEWBORN SCREENING PILOT | $450,000 |
Kaiser Foundation Hospitals Oakland, CA PURPOSE: Research / Project Support | $382,821 |
Pancreatic Cancer Action Network Inc Manhattan Beach, CA PURPOSE: FUND RESEARCH | $250,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Health | $200,000 |
Endowment Analysis
| Beg. Balance | $31,823 |
| Earnings | $33 |
| Ending Balance | $31,856 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dana Farber Mass General Brigham Cancer Care Inc Boston, MA | $42,647,489 | $95,186,368 |
Ludwig Institute For Cancer Research New York, NY | $25,811,385 | $89,264,708 |
Institute For Cancer Research Philadelphia, PA | $148,137,241 | $82,576,402 |
Wistar Institute Of Anatomy & Biology Philadelphia, PA | $414,460,000 | $115,831,000 |
American Association For Cancer Research Philadelphia, PA | $261,131,206 | $103,171,549 |
Nsabp Foundation Inc Pittsburgh, PA | $90,333,934 | $55,869,172 |
Cancer Research Institute Inc New York, NY | $130,438,312 | $33,675,150 |
Centre County Cancer Center State College, PA | $6,772,389 | $27,589,392 |
Nrg Oncology Foundation Inc Philadelphia, PA | $13,392,636 | $27,206,954 |
Lake Champlain Cancer Research Org Inc Essex Jct, VT | $0 | $292,033 |
Addgene Inc Watertown, MA | $22,116,271 | $23,985,910 |
Count Me In Inc Cambridge, MA | $7,331,909 | $8,017,841 |