Flight Attendant Medical Research Institute Inc
- Assets
- $56.2m
- Revenue
- $2.5m
- Investments
- $54.6m
- Employees
- 0
- Location
- Coral Gables, FL
- Founding
- 07/2002
- Data as of
- 09/2023
- EIN
- 65-1057724
Organization Overview
Flight Attendant Medical Research Institute Inc is located in Coral Gables, FL. The organization was established in 2002. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flight Attendant Medical 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, Flight Attendant Medical Research Institute Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $3.4m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Flight Attendant Medical Research Institute Inc has awarded 20 individual grants totaling $63,025,252. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley M Rosenblatt ESQ Chairman | 0 | $0 | |
Lani Blissard Trustee | 20 | $60,000 | |
John B Ostrow ESQ Trustee | 20 | $60,000 | |
Kate Jewell Nd Trustee | 20 | $60,000 | |
Leisa Richardson Trustee | 20 | $25,000 | |
Patricia Patty L Young Trustee | 20 | $60,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amer Inst Of Biological Sciences | 9/29/23 | $177,025 |
Mercer Investment Consulting | 9/29/23 | $110,000 |
Manning Napier Advisors Llc | 9/29/23 | $83,275 |
Roderick N Petrey | 9/29/23 | $60,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,466,515 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $68,286 |
| Capital Gain Net Income | $68,286 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,534,801 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $421,000 |
| Other employee salaries and wages | $161,250 |
| Pension plans, employee benefits | $23,712 |
| Interest | $0 |
| Taxes | $32,143 |
| Depreciation | $1,622 |
| Occupancy | $124,730 |
| Travel, conferences, and meetings | $13,524 |
| Printing and publications | $0 |
| Other expenses | $67,763 |
| Total operating and administrative expenses | $1,371,049 |
| Contributions, gifts, grants paid | $2,046,165 |
| Total expenses and disbursements | $3,417,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,493 |
| Savings and temporary cash investments | $751,035 |
| 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 | $35,245 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $6,727 |
| Other assets | $654,902 |
| Total assets | $56,166,552 |
| Accounts payable and accrued expenses | $47,923 |
| Grants payable | $968,832 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $638,654 |
| Total liabilities | $1,655,409 |
Grants Awarded
Over the last fiscal year, Flight Attendant Medical Research Institute Inc has awarded $1,925,676 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHED PURPOSE: GENERAL | $1,077,333 |
SEE ATTACHED PURPOSE: GENERAL | $848,343 |