National Fund For Alternative Medicine Inc
- Assets
- $77.5k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 1
- Location
- Fairview, TN
- Founding
- 03/1983
- Data as of
- 12/2019
- EIN
- 58-1483913
Organization Overview
National Fund For Alternative Medicine Inc is located in Fairview, TN. The organization was established in 1983. 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. National Fund For Alternative Medicine 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 12/2019, National Fund For Alternative Medicine Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 29.7% each year . All expenses for the organization totaled $1.3m during the year ending 12/2019. While expenses have increased by 22.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
GENERAL EDUCATION - PROVIDE INFORMATION ABOUT ARTHRITIS, CANCER AND ALZHEIMERS TO THE PUBLIC AND MEDICAL COMMUNITY. RECOMMENDATIONS ARE MADE TO THE FOOD AND DRUG ADMINISTRATION AND NATIONAL INSTITUTES OF HEALTH REGARDING PROMISING METHODS AND TREATMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL EDUCATION - PROVIDE INFORMATION ABOUT ARTHRITIS, CANCER AND ALZHEIMERS TO THE PUBLIC AND MEDICAL COMMUNITY. RECOMMENDATIONS ARE MADE TO THE FOOD AND DRUG ADMINISTRATION AND NATIONAL INSTITUTES OF HEALTH REGARDING PROMISING METHODS AND TREATMENTS.
RESEARCH - STUDY AND INVESTIGATION ON CHRONIC DISEASES TO DISCOVER FACTS AND PRINCIPLES IN ORDER TO ALEVIATE, PREVENT OR CURE SUCH DISEASES AND THEIR EFFECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ann Chapdelaine President | OfficerTrustee | 2 | $6,000 |
Leonora Chapdelaine Treasurer | OfficerTrustee | 2 | $0 |
Anthony Chapdelaine Executive Director | OfficerTrustee | 20 | $0 |
Leah Maxwell Board Member | Trustee | 2 | $0 |
Paul Jaconello Board Member | Trustee | 2 | $0 |
Curt Maxwell Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bee Lc Marketing Service | 12/30/15 | $46,132 |
Print Mail Group Printing Typesetting | 12/30/15 | $200,360 |
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 | $1,473,115 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,473,115 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,474,899 |
| 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. | $6,000 |
| Compensation of current officers, directors, key employees. | $6,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $459 |
| Fees for services: Management | $99,999 |
| Fees for services: Legal | $12,473 |
| Fees for services: Accounting | $26,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $467 |
| Information technology | $117,734 |
| Royalties | $0 |
| Occupancy | $4,570 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $89,459 |
| Total functional expenses | $1,333,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,478 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $77,478 |
| Accounts payable and accrued expenses | $306,594 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $306,594 |
| Net assets without donor restrictions | -$229,116 |
| 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 | $77,478 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Fund For Alternative Medicine Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Trade Family Foundation Greenville, NC PURPOSE: TO FURTHER THEIR ACTIVE PURPOSE | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Biomedical Research Foundation Of Northwest Louisiana Shreveport, LA | $106,267,796 | $22,378,350 |
Louisiana Cancer Research Center Of Lsu Health Sciences Center In No New Orleans, LA | $132,139,228 | $19,291,637 |
Institute For Humane Studies Arlington, VA | $19,221,469 | $20,882,389 |
American Diabetes Association Arlington, VA | $0 | $9,794,159 |
American College Of Gastroenterology Inc Bethesda, MD | $294,139,585 | $33,197,457 |
Rheumatology Research Foundation Atlanta, GA | $70,647,398 | $7,906,919 |
Research Triangle Foundation Of North Carolina Research Triangle Park, NC | $210,917,305 | $40,089,804 |
Medical Device Innovation Consortium Arlington, VA | $8,765,414 | $16,908,156 |
Retina Foundation Of The Southwest Dallas, TX | $12,529,577 | $5,235,992 |
American Institute For Cancer Research Arlington, VA | $18,214,497 | $14,242,691 |
Centralwest Healthcare Inc Saint Louis, MO | $11,731,408 | $18,084,103 |
Diabetes Research Institute Foundation Inc Hollywood, FL | $35,361,806 | $13,874,959 |