Advancing Innovation In Dermatology Inc

Organization Overview

Advancing Innovation In Dermatology Inc is located in Mendham, NJ. The organization was established in 2012. According to its NTEE Classification (G40) the organization is classified as: Diseases of Specific Organs, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advancing Innovation In Dermatology 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, Advancing Innovation In Dermatology Inc generated $432.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $433.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ADVANCING INNOVATION IN DERMATOLOGY, INC. SUPPORTS AND PROMOTES THE EXCHANGE OF IDEAS IN THE FIELD OF DERMATOLOGY SO THAT NOVEL AND IMPORTANT PRODUCTS CAN BE DEVELOPED FOR THE TREATMENT AND CARE OF SKIN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADVANCING INNOVATION IN DERMATOLOGY, INC. HOSTED A VIRTUAL DERMATOLOGY CONFERENCE IN JUNE 2021 IN CONJUNCTION WITH ITS STATED MISSION. TOPICS COVERED INCLUDED STATE & FUTURE OF THE INDUSTRY, OPPORTUNITIES & CHALLENGES, INNOVATIONS & COMPETITION, NEUROIMMUNOLOGY & FUTURE THERAPEUTICS AND BRINGING AI ADVANCES IN DERMATOLOGY TO PATIENT BENEFIT.


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Board, Officers & Key Employees

Name (title)Compensation
William Ju
President
$0
Brian N Cunningham
Secretary
$0
William H Eaglstein
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Caraval Group Communications Llc
Event Planning And Logistics
$130,256
Caraval Group Inc
Event Planning And Logistics
$228,035
View All Vendors

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$370,281
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$370,281
Total Program Service Revenue$61,800
Investment income $360
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $432,441

Grants Awarded

Over the last fiscal year, Advancing Innovation In Dermatology Inc has awarded $72,500 in support to 4 organizations.

Grant RecipientAmount

MASSACHUSETTS GENERAL HOSPITAL

Org PageRecipient Profile

Somerville, MA

PURPOSE: DERMATOLOGY RESEARCH SUPPORT

$50,000

Roseville, CA

PURPOSE: DERMATOLOGY RESEARCH SUPPORT

$15,000

OREGON HEALTH & SCIENCES UNIVERSITY

PURPOSE: MONTAGNA SYMPOSIUM ON THE BIOLOGY OF THE SKIN

$5,000

SOCIETY FOR INVESTIGATIVE DERMATOLOGY

Org PageRecipient Profile

Cleveland, OH

PURPOSE: DERMATOLOGY RESEARCH SUPPORT

$2,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Advancing Innovation In Dermatology Inc has recieved totaling $144,000.

Awarding OrganizationAmount
David M C Ju Foundation

Mendham, NJ

PURPOSE: GENERAL CHARITABLE CONTRIBUTION

$144,000
View Grant Recipient Profile

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