Chesapeake Orthopedic Research Foundation Inc
- Assets
- $387.9k
- Revenue
- $12.1k
- Investments
- $229.6k
- Employees
- 0
- Location
- Phoenix, MD
- Founding
- 12/1999
- Data as of
- 12/2022
- EIN
- 52-2172817
Organization Overview
Chesapeake Orthopedic Research Foundation Inc is located in Phoenix, MD. The organization was established in 1999. According to its NTEE Classification (H51) the organization is classified as: Arthritis 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. Chesapeake Orthopedic Research Foundation 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 12/2022, Chesapeake Orthopedic Research Foundation Inc generated $12.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $10.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,348 |
| Dividends & Interest | $1,753 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,957 |
| Capital Gain Net Income | $2,957 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,058 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $156 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $392 |
| Total operating and administrative expenses | $4,822 |
| Contributions, gifts, grants paid | $5,160 |
| Total expenses and disbursements | $9,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $158,333 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $229,570 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $387,903 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Chesapeake Orthopedic Research Foundation Inc has awarded $5,160 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BALTIMORE CHAMBER ORCHESTRA PURPOSE: GENERAL PURPOSE | $5,000 |
MERCY MEDICAL CENTER PURPOSE: GENERAL PURPOSES | $160 |