Hemostasis And Thrombosis Research Society Inc
- Assets
- $4.2m
- Revenue
- $1.6m
- Investments
- $8.8k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 09/1994
- Data as of
- 12/2021
- EIN
- 39-1796672
Organization Overview
Hemostasis And Thrombosis Research Society Inc is located in Milwaukee, WI. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hemostasis And Thrombosis Research Society 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 12/2021, Hemostasis And Thrombosis Research Society Inc generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hemostasis And Thrombosis Research Society Inc has awarded 98 individual grants totaling $6,839,994. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE LEADING NONPROFIT PROFESSIONAL SOCIETY IN NORTH AMERICA DEDICATED TO RESEARCH, MENTORING, WORKFORCE DEVELOPMENT, AND CONTINUING MEDICAL EDUCATION FOR PHYSICIANS, INVESTIGATORS, AND ALLIED HEALTH PROFESSIONALS INTERESTED IN ADVANCING CARE FOR PEOPLE WITH HEMOSTATIC AND THROMBOTIC DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND ASSISTANCE: A PRIMARY STRATEGIC OBJECTIVE FOR HTRS IS TO COMBAT THE CRITICAL NATIONAL SHORTAGE OF SKILLED CLINICIANS AND INVESTIGATORS IN BENIGN HEMATOLOGY BY PROVIDING GRANT AWARDS TO SUPPORT INVESTIGATOR-INITIATED RESEARCH FOR HTRS MEMBERS AT ALL CAREER STAGES. HTRS OFFERS GRANT CYCLES FOR EACH OF THE FOLLOWING PROGRAMS ANNUALLY OR BIENNIALLY, USING FUNDS RESTRICTED FOR THIS PURPOSE RAISED FROM PHARMACEUTICAL COMPANIES VIA THEIR INDEPENDENT MEDICAL EDUCATION GRANT PROGRAMS AND/OR OTHER CORPORATE PHILANTHROPY. HTRS AWARD PROGRAMS AIM TO SUPPORT INVESTIGATORS AT CRITICAL STAGES IN THEIR CAREERS, AND INCLUDE THE STUDENT RESEARCH AWARD (AN INTRODUCTION TO RESEARCH IN BENIGN HEMATOLOGY FOR UNDERGRADUATES AND MEDICAL STUDENTS), THE CLINICAL SCHOLAR AWARD (SUPPORTING A FOURTH AND FINAL YEAR OF INTENSIVE CLINICAL TRAINING IN HEMOPHILIA AND RARE BLOOD DISORDERS UNDER THE GUIDANCE OF AN EXPERIENCED MENTOR), THE MENTORED RESEARCH AWARD (TWO-YEAR RESEARCH AWARDS FOR EARLY-CAREER INVESTIGATORS WORKING WITH AN EXPERIENCED MENTOR, DESIGNED TO PREPARE RECIPIENTS TO GATHER DATA AND SUCCESSFULLY APPLY FOR AND OBTAIN FEDERAL RESEARCH FUNDING FROM THE NATIONAL INSTITUTES OF HEALTH (NIH), AND THE MID-CAREER RESEARCH AWARD, TWO-YEAR RESEARCH AWARDS FOR INVESTIGATORS AT LEAST 8 YEARS POST-FELLOWSHIP OR POST-DOCTORAL TRAINING, TO BRIDGE THE GAP BETWEEN MENTORED RESEARCH AND THE ABILITY TO SECURE GRANTS FOR INDEPENDENT RESEARCH FROM THE NIH AND OTHER NATIONAL ORGANIZATIONS.
EDUCATION: IN FY 2021, HTRS HELD THE FOLLOWING EDUCATIONAL AND/OR CAREER DEVELOPMENT EVENTS: A VIRTUAL TRAINEE WORKSHOP AND A VIRTUAL RESEARCH COLLOQUIUM HELD PRIOR TO THE FIRST HTRS VIRTUAL SCIENTIFIC SYMPOSIUM IN MARCH 2021; TWO "BEST OF" ABSTRACT REVIEW EVENTS FOR MEMBERS HELD AT HTRS 2021 AND DURING ASH 2021, SPONSORED BY AN EDUCATIONAL GRANT FROM GENETECH, A HYBRID TRAINEE WORKSHOP PRIOR TO ASH 2021 IN ATLANTA, GA, AND SEVERAL CAREER DEVELOPMENT WEBINARS THROUGHOUT THE YEAR FOR MEMBERS OF OUR CAREER DEVELOPMENT NETWORKS, THE FELLOWS NETWORK AND THE JUNIOR FACULTY NETWORK, CONECCTOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorilyn Jacobsen-Tews Executive Director | Officer | 40 | $104,052 |
Shannon Carpenter MD Ms President | OfficerTrustee | 1 | $0 |
Rebecca Kruse-Jarres MD MPH Immediate Past President | OfficerTrustee | 0.25 | $0 |
Shannon Meeks MD Vice President/president Elect | OfficerTrustee | 1 | $0 |
Lynn Malec MD Msc Treasurer | OfficerTrustee | 1 | $0 |
A Koneti Rao MD Facp Faha Secretary | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ims Technology Services Event Technology Services | 12/30/21 | $118,763 |
Versiti Wisconsin Inc Professional Employer Organization | 12/30/21 | $304,927 |
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 | $1,404,188 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,404,188 |
| Total Program Service Revenue | $143,331 |
| Investment income | $33,262 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,582,781 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $699,882 |
| Grants and other assistance to domestic individuals. | $18,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,742 |
| Compensation of current officers, directors, key employees. | $47,864 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $136,037 |
| Pension plan accruals and contributions | $9,300 |
| Other employee benefits | $23,358 |
| Payroll taxes | $19,888 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $525 |
| Fees for services: Accounting | $86,370 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100,177 |
| Advertising and promotion | $7,366 |
| Office expenses | $7,911 |
| Information technology | $6,500 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,553 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $328,506 |
| Interest | $7,106 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,765 |
| All other expenses | $516 |
| Total functional expenses | $1,761,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,251 |
| Savings and temporary cash investments | $2,462,036 |
| Pledges and grants receivable | $265,275 |
| Accounts receivable, net | $7,020 |
| 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 | $95,049 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,100,929 |
| Investments—other securities | $8,757 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,175,317 |
| Accounts payable and accrued expenses | $104,271 |
| Grants payable | $0 |
| Deferred revenue | $117,702 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,020 |
| 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 | $225,993 |
| Net assets without donor restrictions | $2,151,656 |
| Net assets with donor restrictions | $1,797,668 |
| 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 | $4,175,317 |
Grants Awarded
Over the last fiscal year, Hemostasis And Thrombosis Research Society Inc has awarded $698,948 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: RESEARCH | $97,686 |
Seattle, WA PURPOSE: RESEARCH | $86,400 |
Baltimore, MD PURPOSE: RESEARCH | $81,000 |
Pittsburgh, PA PURPOSE: RESEARCH | $81,000 |
Houston, TX PURPOSE: RESEARCH | $81,000 |
Rochester, MN PURPOSE: RESEARCH | $64,800 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hemostasis And Thrombosis Research Society Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Hemophilia Alliance Group Purchasing Organization Inc Lansdale, PA PURPOSE: PROMOTE ADVOCACY, EDUCATION AND RESEARCH FOR PATIENTS AND FAMILIES WITH BLEEDING DISORDERS. | $50,000 |
Endowment Analysis
| Beg. Balance | $201,028 |
| Earnings | $24,201 |
| Ending Balance | $225,229 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nexus-Woodbourne Family Healing Plymouth, MN | $7,774,084 | $15,090,420 |
Benedictine Living Communities - Bismarck Inc Minneapolis, MN | $16,928,888 | $16,060,276 |
D A Blodgett-St Johns Grand Rapids, MI | $32,947,785 | $18,508,103 |
Zakat Foundation Of America Worth, IL | $10,176,762 | $13,348,196 |
Simpson Housing Services Inc Minneapolis, MN | $10,361,616 | $11,738,483 |
Art Of Living Foundation Fairfield, IA | $25,087,396 | $11,765,416 |
Michigan Nonprofit Association Lansing, MI | $6,155,794 | $10,465,564 |
Land O L Foundation St Paul, MN | $1,405,792 | $8,007,013 |
Bridging Incorporated Bloomington, MN | $8,455,401 | $8,965,404 |
Horizon House Of Illinois Valley Inc Peru, IL | $4,828,429 | $7,447,824 |
Opportunities Unlimited Sioux City, IA | $5,084,189 | $7,147,348 |
North Oakland Residential Services Inc Oxford, MI | $2,525,841 | $6,535,346 |