Association Of Independent Research Institutes Inc
- Assets
- $1.8m
- Revenue
- $583.5k
- Investments
- $0.0
- Employees
- 0
- Location
- La Jolla, CA
- Founding
- 06/1989
- Data as of
- 12/2021
- EIN
- 52-1624453
Organization Overview
Association Of Independent Research Institutes Inc is located in La Jolla, CA. The organization was established in 1989. According to its NTEE Classification (R01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Independent Research Institutes Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Association Of Independent Research Institutes Inc generated $583.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $481.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONTRIBUTE TO THE ADVANCEMENT OF NON-PROFIT INDEPENDENT RESEARCH INSTITUTES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OVERALL GOAL OF AIRI IS TO CONTRIBUTE TO THE ADVANCEMENT OF NON-PROFIT INDEPENDENT RESEARCH IN THE BIOMEDICAL AND BEHAVIORAL SCIENCES. AIRI EXISTS TO PROMOTE COMMUNICATION AMONG INSTITUTES' MANAGEMENT STAFF ABOUT COMMON INTERESTS AND TO PURSUE ISSUES AT THE FEDERAL GOVERNMENT LEVEL THAT ARE IN THE INTEREST OF MEMBER INSTITUTES. NON-PROFIT RESEARCH INSTITUTES ARE SOMETIMES SUBJECT TO DIFFERENT FEDERAL REGULATIONS AND LAWS THAN OTHER INSTITUTIONS CONDUCTING RESEARCH, LEADING TO INCONSISTENT TREATMENT THAT CAN BE DETRIMENTAL TO THE FUNDING OF THE BEST RESEARCHERS, REGARDLESS OF THEIR INSTITUTIONAL AFFILIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerilyn Mitchell Bowers President | OfficerTrustee | 1 | $0 |
Michael Dollar CPA Treasurer | OfficerTrustee | 1 | $0 |
Tim Hassen CPA Past President | OfficerTrustee | 1 | $0 |
Sophia A Darling Secretary | OfficerTrustee | 1 | $0 |
Frank Dwyer President Elect | OfficerTrustee | 1 | $0 |
Adam Cohen ESQ Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lewis-burke Associates Government Relations | 12/30/21 | $230,698 |
Dai Management Inc Management Fee | 12/30/21 | $174,007 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $457,625 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $457,625 |
| Total Program Service Revenue | $75,856 |
| Investment income | $50,052 |
| 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 | $583,533 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $174,007 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,500 |
| Fees for services: Lobbying | $46,140 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,301 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,600 |
| Insurance | $0 |
| All other expenses | $5,745 |
| Total functional expenses | $481,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $174,570 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,430 |
| 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 | $5,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,612,646 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,802,646 |
| Accounts payable and accrued expenses | $9,500 |
| Grants payable | $0 |
| Deferred revenue | $7,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $17,000 |
| Net assets without donor restrictions | $1,785,646 |
| Net assets with donor restrictions | $0 |
| 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 | $1,802,646 |
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