Institute For Sports Medicine Research
- Assets
- $314.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Niskayuna, NY
- Founding
- 03/1995
- Data as of
- 12/2019
- EIN
- 51-0362963
Organization Overview
Institute For Sports Medicine Research is located in Niskayuna, NY. The organization was established in 1995. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone Diseases Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Sports Medicine 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 12/2019, Institute For Sports Medicine Research generated $37.5k 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 (9.0%) each year. All expenses for the organization totaled $130.8k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
ISMR HAS MADE SIGNIFICANT ACCOMPLISHMENTS TO SUPPORT IMPROVEMENTS TO CLINICAL CARE OF SPORTS MEDICINE-RELATED INJURIES AND PATHOLOGIES VIA SYSTEMATIC, HIGH QUALITY SCIENTIFIC RESEARCH. GOING FORWARD, THE PROGRAM WILL SUPPORT STUDIES ELUCIDATING THE EFFECT OF VARIOUS BIOLOGIC TREATMENTS ON THE WIDE SPECTRUM OF SOFT TISSUE AND BONY PATHOLOGIES TO ASSIST IN ESTABLISHING BEST-PRACTICE GUIDELINES FOR THE USE OF VARIOUS ORTHOBIOLOGICS, BOTH FOR EXISTING AND EMERGING TREATMENTS. AS PART OF THE RESEARCH MISSION, SHORT-TERM AND INTERMEDIATE-TERM GOALS OF THE ISMR ARE TO CONDUCT AND/OR FACILITATE SYSTEMATIC EXPERIMENTS THAT ELUCIDATE THE MECHANISMS BEHIND A GIVEN BIOLOGICS' EFFICACY, OR LACK THEREOF, TOWARDS THE THERAPEUTIC TREATMENT OF A GIVEN PATHOLOGY. SPECIFICALLY, USING IN VITRO INVESTIGATIONS, THE BIOLOGIC CONTENTS AND THEIR RELATIVE CONCENTRATIONS NEED TO BE CAREFULLY ELUCIDATED AND REPORTED. A LONGER TERM GOAL IS TO ASSIST IN ESTABLISHING BEST-PRACTICE GUIDELINES FOR THE USE OF VARIOUS ORTHOBIOLOGICS, BOTH FOR EXISTING AND EMERGING TREATMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dirk Ziff Director | 1 | $0 | |
Eric J Gleacher Through Sep 2019 Director | 2 | $0 | |
Glenn Hutchins Director | 1 | $0 | |
John L Townsend III Director | 1 | $0 | |
Ken Chenault Director | 1 | $0 | |
Paul Raether Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,500 |
| 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 | $37,500 |
| 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 | $114,960 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,874 |
| Total expenses | $130,834 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $256,526 |
| Other assets | $0 |
| Total assets | $314,906 |
| Total liabilities | $45,123 |
| Net assets or fund balances | $269,783 |