Christine M Kleinert Institute For Hand & Micro Surgery Inc
- Assets
- $998.3k
- Revenue
- $386.2k
- Investments
- $0.0
- Employees
- 9
- Location
- Louisville, KY
- Founding
- 09/1988
- Data as of
- 12/2021
- EIN
- 61-1110645
Organization Overview
Christine M Kleinert Institute For Hand & Micro Surgery Inc is located in Louisville, KY. The organization was established in 1988. According to its NTEE Classification (G9B) the organization is classified as: Surgical Specialties, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Christine M Kleinert Institute For Hand & Micro Surgery Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christine M Kleinert Institute For Hand & Micro Surgery 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 12/2021, Christine M Kleinert Institute For Hand & Micro Surgery Inc generated $386.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.7%) each year. All expenses for the organization totaled $539.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.6%) per year over the past 7 years. 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
RESEARCH AND TRAINING OF PHYSICIANS FOR HAND AND MICRO-SURGERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTINE M KLEINERT INSTITUTE FOR HAND & MICRO-SURGERY,INC. ("THE ORGANIZATION') IS A PRIVATE, NON-PROFIT ORGANIZATION WITH A MISSION OF EDUCATION AND RESEARCH IN THE FIELD OF HAND AND MICRO-SURGERY. A PRIMARY FOCUS IS A HAND SURGERY FELLOWSHIP AS WELL AS RESEARCH PERFORMED BY CMKI FACULTY, FELLOWS AND STAFF. IN ADDITION, THE ORGANIZATION HOUSES HAND THERAPY AND ORTHOTICS, WHICH PROVIDES PATIENT CARE AND ALSO PARTICIPATES IN THE EDUCATION OF FELLOWS AND IN RESEARCH. THE ORGANIZATION RECEIVES ITS SUPPORT PRIMARILY FROM PATIENT BILLINGS, DONATIONS AND GRANTS. HAND SURGERY FELLOWSHIP: THE HAND SURGERY FELLOWSHIP RECEIVED FULL ACCREDITATION FORM THE ACGME IN ON JANUARY 9, 2020. THE HAND THERAPY DEPARTMENT CONTINUTED TO SEE PATIENTS FOR HAND THERAPY AND PARTICIPATED IN BOTH THE HAND TRANSPLANT PROGRAM AS WELL AS THE TDCS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Palazzo Board Member | Trustee | 1 | $15,000 |
Tuna Ozyurekoglu MD President | OfficerTrustee | 1 | $0 |
Elkin Galvis Board Member | Trustee | 1 | $0 |
Huey Tien Board Member | Trustee | 1 | $0 |
Rodrigo Moreno Board Member | Trustee | 1 | $0 |
Sunil Thirkannad Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,386 |
| All other contributions, gifts, grants, and similar amounts not included above | $220,031 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,417 |
| Total Program Service Revenue | $153,638 |
| Investment income | $168 |
| 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 | $386,223 |
| 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 | $243,940 |
| Pension plan accruals and contributions | $7,454 |
| Other employee benefits | $35,216 |
| Payroll taxes | $23,465 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10 |
| Fees for services: Accounting | $8,616 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,428 |
| Advertising and promotion | $3,140 |
| Office expenses | $29,759 |
| Information technology | $195 |
| Royalties | $0 |
| Occupancy | $42,671 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,176 |
| Interest | $134 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,694 |
| Insurance | $56,619 |
| All other expenses | $0 |
| Total functional expenses | $539,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $358,285 |
| Savings and temporary cash investments | $577,361 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| 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 | $57,638 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $998,284 |
| Accounts payable and accrued expenses | $62,408 |
| 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 | $62,408 |
| Net assets without donor restrictions | $806,354 |
| Net assets with donor restrictions | $129,522 |
| 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 | $998,284 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Christine M Kleinert Institute For Hand & Micro Surgery Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Thoracic Surgeons Chicago, IL | $85,174,703 | $30,556,358 |
American Society Of Plastic Surgeons Arlington Heights, IL | $48,279,977 | $26,067,473 |
Carondelet Long Term Care Facilities Inc St Louis, MO | $9,990,098 | $14,520,221 |
American Society Of Cataract & Refractive Surgery Fairfax, VA | $11,891,572 | $16,090,211 |
Society For Vascular Surgery Rosemont, IL | $23,352,063 | $12,701,709 |
Focused Ultrasound Foundation Charlottesville, VA | $44,071,388 | $8,886,317 |
American Association Of Hip & Knee Surgeons Rosemont, IL | $10,620,526 | $7,068,995 |
American Academy Of Otolaryngology- Head And Neck Surgery Inc Alexandria, VA | $30,684,607 | $7,780,725 |
American Society Of Transplant Surgeons Arlington, VA | $4,321,288 | $6,243,973 |
American Academy Of Implant Dentistry Chicago, IL | $16,470,148 | $5,381,022 |
American Society Of Colon & Rectal Surgeons Bannockburn, IL | $41,199,504 | $5,540,929 |
Plastic Surgery Foundation Arlington Heights, IL | $23,860,142 | $3,721,510 |