Salem Research Institute Inc

Organization Overview

Salem Research Institute Inc is located in Salem, VA. The organization was established in 1993. According to its NTEE Classification (H05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Medical Research and related organizations. As of 09/2023, Salem Research Institute Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Research Institute 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 09/2023, Salem Research Institute Inc generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $1.8m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SALEM RESEARCH INSTITUTE, INC. IS A 501(C)(3) CORPORATION IN VIRGINIA TO SUPPORT RESEARCH AND EDUCATIONAL ACTIVITIES IN CONJUNCTION WITH THE SALEM, VA VETERANS AFFAIRS MEDICAL CENTER. ALL RESEARCH PROJECTS CONFORM TO ALL DVA REGULATIONS. SRI PURSUES OPPORTUNITIES TO SPONSORED RESEARCH AND EDUCATION PROGRAM ACTIVITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BIOMEDICAL RESEARCH - SRI FACILITATES BIOMEDICAL RESEARCH AT THE SALEM VA HEALTH CARE SYSTEM. SRI AND ITS RESEARCH COLLABORATORS COMBINE THEIR MUTUAL INTEREST TO SEARCH FOR IMPROVED METHODS OF TREATING HUMAN AFFLICTIONS PARTICULARLY BENEFICIAL TO THE VETERAN POPULATION. SRI CLINICALLY INVESTIGATES IN THE AREAS OF CARDIOLOGY, ENDOCRINOLOGY, NEPHROLOGY, NEUROLOGY, RHEUMATOLOGY, INFECTIOUS DISEASE AND PULMONARY.


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Board, Officers & Key Employees

Name (title)Compensation
Heather Jobe
Executive Di
$79,560
Mehdi Kazemi MD Acose
Board Member
$0
Frank Cannizzo MD Cos
Board Member
$0
Brian Wood DO
Board Member
$0
Daniel Karnes
Vice Chair
$0
Rebecca Stackhouse MA
Board Member
$0

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$26,105
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$26,105
Total Program Service Revenue$1,495,685
Investment income $79,455
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 $1,601,245

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