Mountain Home Research & Education Corporation is located in Mountain Home, TN. The organization was established in 2000. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., 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. Mountain Home Research & Education Corporation 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 09/2021, Mountain Home Research & Education Corporation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 50.2% each year . All expenses for the organization totaled $803.5k during the year ending 09/2021. 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
PROVIDE THE MECHANISM BY WHICH VA INVESTIGATORS CAN PARTICIPATE IN NON VA FUNDED RESEARCH THAT WILL ULTIMATELY ENHANCE THE LIVES OF OUR VETERAN PATIENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE THE MECHANISM BY WHICH VA INVESTIGATORS CAN PARTICIPATE IN NON-VA FUNDED RESEARCH THAT WILL ULTIMATELY ENHANCE THE LIVES OF OUR VETERAN PATIENTS.
PROVIDE THE MECHANISM BY WHICH VA INVESTIGATORS CAN PARTICIPATE IN NON-VA FUNDED RESEARCH THAT WILL ULTIMATELY ENHANCE THE LIVES OF OUR VETERAN PATIENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kristi Knight Executive Dir. | Trustee | 2 | $0 |
David Hays Secretary | Trustee | 0 | $0 |
David Hecht Trustee | Trustee | 0 | $0 |
Owen Murnane President | Trustee | 0 | $0 |
Dean Borsos Trustee | Trustee | 0 | $0 |
Colleen Noe Trustee | Trustee | 0 | $0 |
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 | $1,209,632 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,209,632 |
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 | $1,209,632 |
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 | $46,754 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,920 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $12,707 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $195 |
Royalties | $0 |
Occupancy | $0 |
Travel | $125 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,976 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $803,544 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $845,889 |
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 | $39,529 |
Total assets | $885,418 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $885,418 |
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 | $885,418 |
Over the last fiscal year, we have identified 1 grants that Mountain Home Research & Education Corporation has recieved totaling $6.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
Organization Name | Assets | Revenue |
---|---|---|
International Copper Association Ltd Mclean, VA | $20,364,704 | $33,951,443 |
North Carolina Medical Society Foundation Inc Raleigh, NC | $23,889,243 | $25,927,674 |
Institute For Humane Studies Arlington, VA | $19,221,469 | $20,882,389 |
Medical Device Innovation Consortium Arlington, VA | $8,765,414 | $16,908,156 |
Foundation For Atlanta Veterans Education And Research Inc Decatur, GA | $10,222,891 | $13,848,947 |
Johnston-Lee-Harnett Community Action Incorporated Smithfield, NC | $2,342,060 | $13,580,773 |
Friedreichs Ataxia Research Alliance Fara Springfield, VA | $7,478,784 | $7,717,778 |
International Society On Thrombosis And Haemostasis Inc Carrboro, NC | $25,182,348 | $9,872,487 |
Institute For Medical Research Inc Durham, NC | $6,550,784 | $5,925,427 |
National Grain And Feed Association Arlington, VA | $10,815,590 | $5,604,417 |
Copper Development Association Inc Mclean, VA | $5,141,566 | $5,540,739 |
Heineman-Robicsek Foundation Inc Charlotte, NC | $7,695,245 | $5,065,349 |