Midwest Foundation For Orthopaedic Research And Education
- Assets
- $159.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, IL
- Founding
- 10/2010
- Data as of
- 12/2021
- EIN
- 26-4444554
Organization Overview
Midwest Foundation For Orthopaedic Research And Education is located in Rockford, IL. The organization was established in 2010. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Foundation For Orthopaedic Research And Education 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 12/2021, Midwest Foundation For Orthopaedic Research And Education generated $42.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $48.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION LEASES A WET LAB CENTER AND CONTRACTS THE USE OF ITS PREMISES AND EQUIPMENT FOR ANATOMY AND PHYSIOLOGY STUDIES USING FRESH FROZEN CADAVER SPECIMENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Foster President | 2.5 | $0 | |
Edric Schwartz Secretary | 2.5 | $0 | |
Jon Whitehurst Treasurer | 2.5 | $0 | |
Mike Smith Director | 1 | $0 | |
Jan Ohlander Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $42,300 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,300 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $35,733 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,679 |
| Total expenses | $48,412 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $131,116 |
| Other assets | $0 |
| Total assets | $159,258 |
| Total liabilities | $19,389 |
| Net assets or fund balances | $139,869 |
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