Musculoskeletal Transplant Foundation Inc, operating under the name Mtfbiologics, is located in Edison, NJ. The organization was established in 1996. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Mtfbiologics employed 1,550 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mtfbiologics 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 12/2020, Mtfbiologics generated $411.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $415.7m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mtfbiologics has awarded 487 individual grants totaling $14,131,900. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
MTF IS A NONPROFIT ORG. THAT SAVES AND HEALS LIVES BY HONORING DONATED GIFTS AND SERVING PATIENTS, WE COLLABORATE WITH THE MEDICAL, SCIENTIFIC, AS WELL AS ORGAN AND TISSUE DONATION COMMUNITIES. CONTINUED ON SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MTF PROVIDES ALLOGRAFT TISSUES TO THE MEDICAL COMMUNITY. SINCE ITS INCEPTION IN 1987, MTF, THE NATION'S LEADING TISSUE BANK, HAS RECEIVED TISSUE DONATIONS FROM OVER 150,000 DONORS. IN 2021, MTF RECOVERED TISSUE FROM OVER 5,500 DONORS FOR USE IN MUSCULOSKELETAL AND BONE ALLOGRAFT APPLICATIONS, OVER 7,000 DONORS FOR USE IN BURN, GENERAL, AND PLASTIC SURGERY APPLICATIONS, OVER 1,400 BIRTH TISSUE DONORS FOR USE PREDOMINANTLY IN WOUND CARE APPLICATIONS AND OVER 900 DONORS FOR ORGANS AND TISSUES FOR RESEARCH. OVERALL, MTF DISTRIBUTED APPROXIMATELY 400,000 UNITS OF ALLOGRAFT TISSUE DURING 2021. IN 2021 MTF PERSEVERED THROUGH THE CHALLENGES FACED IN 2020. MTF CONTINUED TO DEVELOP INNOVATIVE TISSUE FORMS, FOCUSED ON SOLVING REAL-WORLD, CLINICAL PROBLEMS. MTF HAS ALSO CONTINUED ITS EFFORTS TO PROVIDE SPECIAL RESEARCH TISSUE FOR RESEARCH PERFORMED BY MEMBERS OF THE ARMED FORCES INSTITUTE OF REGENERATIVE MEDICINE, AN ORGANIZATION DEDICATED TO DEVELOPING MEDICAL THERAPIES FOR WOUNDED SOLDIERS. MTF CONTINUED ITS MISSION TO MAKE TISSUE FORMS AVAILABLE IN THE ORTHOPEDIC, PLASTIC AND RECONSTRUCTIVE SURGERY, AND WOUND CARE MARKETS. MTF'S ORTHOPEDIC FRANCHISE CONTINUED GROWTH, DESPITE A CONTINUED GLOBAL IMPACT BY THE COVID-19 PANDEMIC. NEW AND INNOVATIVE TISSUE FORMS DROVE THE GROWTH IN 2021, AS WELL AS NEW PARTNERSHIPS IN THE DISTRIBUTION OF HUMAN ALLOGRAFT TISSUE FORMS. IN THE PLASTIC AND RECONSTRUCTIVE SURGERY FRANCHISE, MTF WAS ABLE TO GROW THROUGH SUCCESSFUL CONTRACT ASSOCIATIONS. MTF CONTINUED TO DEVELOP AND MAINTAIN ITS STRATEGIC INTER-INDUSTRY PARTNERSHIPS INCREASING THE AVAILABILITY OF DONATED HUMAN TISSUE, AND INCREASING PROCESSING CAPACITY, AND THE ABILITY TO BRING HUMAN TISSUE ALLOGRAFTS TO SURGEONS AND PATIENTS. MTF'S WOUND CARE DIVISION WAS ABLE TO GROW THROUGHOUT 2021, DESPITE CONTINUED PANDEMIC IMPACT TO SURGEONS AND PATIENTS. MTF CONTINUED ITS CLINICAL STUDY PORTFOLIO, INCREASING ITS COMPENDIUM OF CLINICAL DATA FOR EXPANDED REIMBURSEMENT IN WOUND CARE AND PLASTIC AND RECONSTRUCTIVE SURGERY PROCEDURES, FURTHER ILLUSTRATING THE SAFETY OF ITS TISSUE FORMS. MTF CONTINUED ITS SUPPORT OF THE AMERICAN SOCIETY OF PLASTIC SURGEONS ASPS) AND THE PLASTIC SURGERY FOUNDATION (PSF) WHICH PROVIDES OPPORTUNITIES FOR SURGEONS TO PERFORM ALLOGRAFT BASED RESEARCH TO ADVANCE THE SCIENCE OF ALLOGRAFT USE IN PLASTIC/RECONSTRUCTIVE PROCEDURES. MTF ALSO REMAINS COMMITTED TO SUPPORTING BREAST RECONSTRUCTION AWARENESS (BRA)DAY EACH YEAR AND INCLUDES EDUCATION FOR BOTH PATIENTS AND SURGEONS ON THE OPTIONS AVAILABLE TODAY FOR WOMEN, HELPING TO ENSURE SURVIVORS' RIGHTS TO MAKE AN INFORMED DECISION. MTF ALSO CONTINUED ITS FINANCIAL PLEDGE OF (1MIL OVER FIVE YEARS) TO SUPPORT BIOLOGIC RESEARCH THROUGH THE PLASTIC SURGERY FOUNDATION (PSF). MTF'S MISSION IS TO SAVE AND HEAL LIVES BY HONORING THE DONATED GIFT, SERVING PATIENTS AND ADVANCING SCIENCE. FOR INDIVIDUAL STORIES ABOUT DONOR FAMILIES, PLEASE VISIT MTF BIOLOGICS WEBSITE AT HTTPS://WWW.MTFBIOLOGICS.ORG/WHO-WE-SERVE/DONORS- COMMUNITY/DONORS-FAMILIES. STORIES ABOUT RECIPIENTS ARE ALSO AVAILABLE ON THE WEBSITE AT HTTPS://WWW.MTFBIOLOGICS.ORG/WHO-WE-SERVE/DONORS- COMMUNITY/RECIPIENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph A Yaccarino President/ce | Officer | 60 | $848,553 |
Michael J Kawas Treasurer/cf | Officer | 60 | $670,241 |
Martha Anderson Exec VP Dono | Officer | 60 | $547,835 |
Thomas C Shaffer Exec VP Sale | Officer | 60 | $537,989 |
Brandon Spears Surgical Con | 50 | $535,969 | |
Jennifer Birmingham Secretary/ge | Officer | 60 | $477,596 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Conmed Linvatec Tissue Promo | 12/30/21 | $31,171,706 |
Orthofix Spinal Implants Tissue Promo | 12/30/21 | $54,216,029 |
Depuy Synthes Tissue Promo | 12/30/21 | $27,886,765 |
Donor Network Of Arizona Recovry Partner | 12/30/21 | $8,101,238 |
Donor Network West Tissue Recovery | 12/30/21 | $5,588,086 |
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 | $874,610 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $874,610 |
Total Program Service Revenue | $412,031,487 |
Investment income | $240,659 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $312,863 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,281,844 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$8,661,981 |
Miscellaneous Revenue | $0 |
Total Revenue | $411,628,718 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $644,713 |
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. | $5,539,853 |
Compensation of current officers, directors, key employees. | $1,498,001 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $98,944,006 |
Pension plan accruals and contributions | $4,018,251 |
Other employee benefits | $13,921,024 |
Payroll taxes | $6,874,597 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,097,711 |
Fees for services: Accounting | $648,404 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $686,955 |
Advertising and promotion | $1,324,374 |
Office expenses | $937,483 |
Information technology | $2,198,204 |
Royalties | $1,517,577 |
Occupancy | $10,950,089 |
Travel | $1,343,979 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,180,211 |
Interest | $442,588 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,426,394 |
Insurance | $1,146,435 |
All other expenses | $2,168,615 |
Total functional expenses | $415,749,192 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $47,734,557 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $56,678,223 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $111,774,215 |
Prepaid expenses and deferred charges | $2,531,347 |
Net Land, buildings, and equipment | $30,331,295 |
Investments—publicly traded securities | $0 |
Investments—other securities | $250,000 |
Investments—program-related | $0 |
Intangible assets | $4,475,000 |
Other assets | $11,940,701 |
Total assets | $265,715,338 |
Accounts payable and accrued expenses | $76,714,734 |
Grants payable | $3,836,624 |
Deferred revenue | $105,623,457 |
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 | $3,960,450 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $9,344,341 |
Total liabilities | $199,479,606 |
Net assets without donor restrictions | $66,235,732 |
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 | $265,715,338 |
Over the last fiscal year, Musculoskeletal Transplant Foundation Inc has awarded $1,660,383 in support to 70 organizations.
Grant Recipient | Amount |
---|---|
Rosemont, IL PURPOSE: SCIENTIFIC RESEARCH | $121,000 |
Evanston, IL PURPOSE: SCIENTIFIC RESEARCH | $100,000 |
Rosemont, IL PURPOSE: SCIENTIFIC RESEARCH | $80,930 |
VIRGINIA COMMONWEALTH UNIVERSITYOFFICE OF SPONSORED PROGRAMS PURPOSE: SCIENTIFIC RESEARCH | $75,000 |
Somerville, MA PURPOSE: SCIENTIFIC RESEARCH | $75,000 |
Clemson, SC PURPOSE: SCIENTIFIC RESEARCH | $75,000 |
Over the last fiscal year, we have identified 1 grants that Musculoskeletal Transplant Foundation Inc has recieved totaling $393,045.
Awarding Organization | Amount |
---|---|
Texas Health Presbyterian Hospital Dallas Dallas, TX PURPOSE: general support | $393,045 |
Organization Name | Assets | Revenue |
---|---|---|
Northwell Health Laboratories Westbury, NY | $332,816,944 | $824,844,482 |
Musculoskeletal Transplant Foundation Inc Edison, NJ | $265,715,338 | $411,628,718 |
Bayer Us Patient Assistance Foundation Whippany, NJ | $119,661,025 | $360,939,161 |
Catholic Managed Long Term Care Inc New York, NY | $69,408,204 | $356,229,491 |
Temple Faculty Practice Plan Inc Philadelphia, PA | $117,460,054 | $341,896,672 |
North Shore-Lij Anesthesiology Pc Westbury, NY | $33,422,603 | $196,131,623 |
Health Quest Systems Inc Poughkeepsie, NY | $299,235,129 | $128,637,142 |
Weill Cornell Imaging At New York-Presbyterian New York, NY | $260,757,185 | $189,735,932 |
Valley Physician Servcies Inc Ridgewood, NJ | $110,045,746 | $118,274,692 |
Garnet Health Doctors Pc Middletown, NY | $50,171,701 | $81,156,131 |
The Westchester Medical Practice Pc Yorktown Heights, NY | $21,408,961 | $63,027,165 |
Hr Physician Services Huntingdon Valley, PA | $97,551,934 | $52,907,501 |