Arm Foundation For Regenerative Medicine Education & Research
- Assets
- $154.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Baltimore, MD
- Founding
- 12/2013
- Data as of
- 12/2022
- EIN
- 30-0752401
Organization Overview
Arm Foundation For Regenerative Medicine Education & Research is located in Baltimore, MD. The organization was established in 2013. According to its NTEE Classification (G92) the organization is classified as: Biomedicine & Bioengineering, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Arm Foundation For Regenerative Medicine Education & Research employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arm Foundation For Regenerative Medicine Education & Research 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 12/2022, Arm Foundation For Regenerative Medicine Education & Research generated $4.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (58.4%) each year. All expenses for the organization totaled $69.3k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ARM FOUNDATION SERVES AS THE EDUCATIONAL AND INFORMATION RESOURCE ON ISSUES FUNDAMENTAL TO MAKING GENE AND CELL THERAPIES, TISSUE-ENGINEERED PRODUCTS AND OTHER REGENERATIVE MEDICINE TREATMENTS AVAILABLE TO PATIENTS. BY EXAMINING, QUANTIFYING, CLARIFYING AND INFORMING STAKEHOLDERS OF THE CLINICAL AND SOCIETAL BENEFITS OF THESE THERAPIES, AS WELL AS CONVENING DISCUSSIONS TO RAISE AWARENESS ABOUT THE SECTORS PROGRESS, CHALLENGES AND RESULTS, THE FOUNDATION ACCELERATES PATIENT ACCESS TO SAFE, EFFICACIOUS AND POTENTIALLY CURATIVE THERAPIES.
Describe the Organization's Program Activity:
Part 3
GENE MEDICINE EDUCATION - A STRATEGIC COMMUNICATIONS PROGRAM DESIGNED TO INCREASE AWARENESS AND UNDERSTANDING OF CELL AND GENE THERAPIES AS TRANSFORMATIVE MEDICINES AND IMPORTANT THERAPEUTIC OPTIONS FOR TREATING DISEASE AND EQUIP PEOPLE TO MAKE INFORMED DECISIONS ABOUT CELL AND GENE MEDICINE. THIS INFORMATION IS MADE AVAILABLE TO PATIENTS, CAREGIVERS, PROVIDERS, AND THE GENERAL PUBLIC.
CONVENING OF PATIENT GROUP LEADERSHIP WORKSHOP FOR ROUGHLY 25 LEADERS FROM THE PATIENT COMMUNITY TO DISCUSS INITIATIVES TO HELP THEM EDUCATE THEIR CONSTITUENTS ABOUT THE BENEFITS OF CELL AND GENE MEDICINE.
HEALTH & ECONOMIC IMPACT ANALYSIS - DEVELOP AN IN-DEPTH ANALYSIS OF CELL AND GENE THERAPY AND OTHER REGENERATIVE MEDICINES ON THE NATIONAL AND INTERNATIONAL HEALTHCARE ECONOMIES TO SUPPORT MARKET ACCESS INITIATIVES AND PUBLIC AWARENESS. COMMUNICATING THE SOCIETAL AND ECONOMIC VALUE OF RM THERAPIES THROUGH DATA REPORTING AND STRATEGIC ENGAGEMENT WITH HEALTHCARE PROVIDERS AND THE GENERAL PUBLIC.
EDUCATIONAL AND INFORMATION RESOURCE ON ISSUES FUNDAMENTAL TO MAKING GENE AND CELL THERAPIES, TISSUE-ENGINEERED PRODUCTS AND OTHER REGENERATIVE MEDICINE TREATMENTS AVAILABLE TO PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Kopelan Chair | 0.48 | $0 | |
Martha Rook Treasurer | 0.1 | $0 | |
Adrian Mckemey Secretary | 0.1 | $0 | |
Nicole Boice Director | 0.19 | $0 | |
Sarah Creviston Director | 0.1 | $0 | |
Jill Elliott Director | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Conduit Health Corporation Communications | 12/30/19 | $378,562 |
Adjuvant Partners Llc Management | 12/30/19 | $131,323 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,984 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,984 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,783 |
| Professional fees and other payments to independent contractors | $7,598 |
| Occupancy, rent, utilities, and maintenance | $700 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,229 |
| Total expenses | $69,310 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,131 |
| Other assets | $0 |
| Total assets | $154,131 |
| Total liabilities | $12,383 |
| Net assets or fund balances | $141,748 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Biophysical Society Rockville, MD | $20,441,858 | $4,861,761 |
Biomedical Engineering Society Landover, MD | $5,517,133 | $3,582,789 |
Council For Biotechnology Information Washington, DC | $0 | $2,024,655 |
American Institute For Medical And Bioligical Engineering Washington, DC | $4,010,038 | $1,034,677 |
Arm Foundation For Regenerative Medicine Education & Research Baltimore, MD | $154,131 | $0 |
Virginia Biomedical Association Locust Grove, VA | $25,736 | $0 |
Schmincke Research Alliance Inc Towson, MD | $604,359 | $0 |