Health Research Alliance Inc is located in Raleigh, NC. The organization was established in 2006. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering Research, under the broad grouping of Medical Research and related organizations. As of 12/2023, Health Research Alliance Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Research Alliance 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 12/2023, Health Research Alliance Inc generated $583.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $708.7k during the year ending 12/2023. While expenses have increased by 8.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
COMMITTED TO MAXIMIZING THE IMPACT OF BIOMEDICAL RESEARCH TO IMPROVE HUMAN HEALTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENE MEMBERSHIP TO FOSTER COMMUNICATION AND COLLABORATION.HRA IS AN INCLUSIVE AND DIVERSE COMMUNITY THAT PROVIDES A FORUM FOR SHARING EFFECTIVE PRACTICES AND TOOLS, ALONG WITH A SAFE SPACE FOR LEARNING FROM FAILURES. LEARNING FROM EACH OTHER ULTIMATELY HELPS MEMBERS IMPROVE THEIR ORGANIZATIONS AND BUILD THEIR CAPACITY. HRA CONVENES BOTH IN-PERSON (HYBRID) AND VIRTUAL MEMBERS MEETINGS. INCLUDING REMOTE ATTENDEES IN OUR IN-PERSON (HYBRID) MEETINGS, AND HOSTING COMPLETELY VIRTUAL MEETINGS, ENABLES PARTICIPATION BY MEMBERS WHO WOULDN'T NORMALLY HAVE THE OPPORTUNITY TO ATTEND IN-PERSON, RESULTING IN AN INCREASE FROM ABOUT 100 ATTENDEES AT IN-PERSON MEETINGS TO ZOOM MEETINGS WITH 200 MEMBERS ATTENDING SOME OF THE SESSIONS. WE HOST A MEMBERS MEETING TWICE A YEAR, AND THE AGENDAS ARE CREATED BY A PROGRAM COMMITTEE, MADE UP OF HRA MEMBERS AND SUPPORTED BY HRA STAFF. THE PROGRAM COMMITTEE DEVELOPS SESSIONS FOR MEMBERS MEETINGS THAT FOSTER COLLABORATION AND ADDRESS IMPORTANT AND CHALLENGING ISSUES FOR PHILANTHROPY AND THE BIOMEDICAL RESEARCH SECTOR. THESE SESSIONS OFTEN ALIGN WITH OUR "LEARNING COMMUNITIES," TO BRING IN EXTERNAL EXPERTS AND HIGHLIGHT DISCUSSIONS AROUND DEI, SUSTAINABILITY OF THE RESEARCH WORKFORCE, OPEN SCIENCE, AI/LLM, HOSTING PATIENT REGISTRIES, AND OTHER TOPICS HRA MEMBERS DISCUSS YEAR-ROUND. THE PROGRAM COMMITTEE ALSO DEVELOPS MEETING SESSIONS AROUND BROADER TOPICS LIKE STRATEGIC PLANNING, EFFECTIVE COLLABORATION STRATEGIES, OR PATIENT ENGAGEMENT, WHICH ARE JUST AS URGENT FOR FUNDERS TO TACKLE, AND THOSE SESSIONS GARNER A MUCH MORE DIVERSE AUDIENCE THAN THE SPECIFIC TOPICS ADDRESSED BY THE LEARNING COMMUNITIES. IN ADDITION TO OUR MEMBERS MEETINGS, WE ALSO PERIODICALLY HOST REGIONAL MEETINGS LED BY HRA MEMBER ORGANIZATIONS AND SUPPORTED BY HRA STAFF. WE CONTINUE TO HOST VIRTUAL CEO ROUNDTABLES SEVERAL TIMES A YEAR WHICH LEAD TO OTHER ACTIVITIES SUCH AS HOSTING TARGETED WEBINARS AND CREATING RESOURCES THAT OFTEN DEAL WITH HUMAN RESOURCE ISSUES WHERE CEOS FIND LEARNING FROM THEIR PEERS INVALUABLE. UPON RECOMMENDATION FROM THE CEOS, WE NOW HAVE A PROFESSIONAL DEVELOPMENT PROGRAM FOR STAFF AT HRA MEMBER ORGANIZATIONS, WHICH HOSTS WEBINARS INTENDED TO INCREASE STAFF CAPACITY IN AREAS SUCH AS COMMUNICATION, LEADERSHIP, AND NETWORKING.
SUPPORT INFRASTRUCTURE AND PRACTICES TO SHARE RESEARCH, DATA, AND ANALYSIS. HRA'S CURRENT STRATEGIC PLAN SETS OUT 4 GOALS AND STRATEGIES RECOMMENDED TO ACHIEVE THOSE GOALS STRATEGIES WE CONTINUE TO IMPLEMENT AND USE TO EVALUATE PROGRESS TOWARD THE PLAN. MANY OF THE STRATEGIES RECOMMENDED INVOLVE SUPPORTING HRA'S INFRASTRUCTURE AND PRACTICES TO SHARE RESEARCH, DATA, AND ANALYSIS. FOR EXAMPLE, HRA ANALYZER IS HRA'S PROPRIETARY DATABASE THAT PROVIDES DATA-DRIVEN ANALYSIS ENABLING MEMBERS TO BETTER UNDERSTAND THE IMPACT OF THEIR GRANTMAKING PRACTICES, AS WELL AS PERFORM LANDSCAPE ANALYSES TO UNDERSTAND THE BROADER BIOMEDICAL RESEARCH FUNDING LANDSCAPE. HRA HOSTS FREQUENT "LUNCH AND LEARN" SESSIONS TO HELP HRA MEMBERS UNDERSTAND THE VALUE OF HRA ANALYZER. THESE PERIODIC WEBINARS INCLUDE LEARNING HOW TO UPLOAD DATA; USING THE DATABASE FOR GAP ANALYSES TO BETTER TARGET LIMITED FUNDS; EVALUATING PROGRESS AND DEVELOPING NEW PROGRAMS TO ADVANCE A MORE EQUITABLE BIOMEDICAL RESEARCH WORKFORCE; IDENTIFYING COLLABORATING ORGANIZATIONS OR REVIEWERS; AND MANY OTHER USE CASES. WE WORK WITH GRANTS MANAGEMENT SYSTEMS SUCH AS PROPOSALCENTRAL AND SMARTSIMPLE TO FACILITATE EASIER DATA UPLOADS INTO HRA ANALYZER. WE ALSO EMPLOY A CONTRACTOR TO HELP ORGANIZATIONS UPLOAD DATA AND USE THE ANALYTICAL FUNCTIONALITY IN HRA ANALYZER FOR THEIR OWN USES. HRA OFTEN USES THE ANALYTICAL TOOLS IN HRA ANALYZER DATA ON BEHALF OF MEMBERS TO HELP THEM FIND COLLABORATING ORGANIZATIONS OR IDENTIFY AREAS OF UNDERFUNDING TO EXPLORE. IN ANOTHER EXAMPLE OF HRA'S POWERFUL INFRASTRUCTURE, HRA OPEN IS A PLATFORM DEVELOPED BY HRA TO ENABLE PUBLICATIONS AND OTHER RESEARCH OUTPUTS TO BE MADE OPEN AND FREELY ACCESSIBLE - NOT ONLY TO THE SCIENTIFIC COMMUNITY BUT TO ANYONE. HRA OPEN FOSTERS OPEN SCHOLARSHIP ACROSS HRA MEMBER ORGANIZATIONS AND THEIR RESEARCHERS, WHICH CONTINUES TO BE AN IMPORTANT STRATEGY TO IMPACT INVESTMENT IN BIOMEDICAL RESEARCH. IN ADDITION TO ENABLING MEMBERS' OPEN SCIENCE POLICIES, HRA OPEN IS A POWERFUL RECRUITING TOOL. IT HAS LED NEW FUNDERS TO JOIN HRA MAINLY TO BE ABLE TO USE THIS INFRASTRUCTURE. HRA ALSO SURVEYS OUR MEMBERSHIP ANNUALLY TO UNDERSTAND CHALLENGES TO FUNDRAISING AND OTHER IMPACTS ON REVENUE, AS WELL AS ISSUES RELATED TO GRANTMAKING AND PROGRAMMING. WE MAKE THOSE DATA AVAILABLE TO HRA MEMBERS AND PERIODICALLY PUBLISH THAT ANALYSIS MORE WIDELY. FINALLY, HRA USES THE INFRASTRUCTURE OF OUR WEBSITE AS A CENTRAL REPOSITORY OF CURATED RESOURCES, AND TO PUBLICIZE EVENTS.
GATHER AND DISSEMINATE KNOWLEDGE TO FOSTER INNOVATIVE GRANTMAKING AND ADDRESS CHALLENGES IN BIOMEDICAL RESEARCH. GOAL 2 OF HRA'S STRATEGIC PLAN "DRIVE INSTITUTIONAL LEARNING TO INCREASE MEMBER ORGANIZATIONS' EFFECTIVENESS" SPECIFICALLY TARGETS THIS ACCOMPLISHMENT, THOUGH MANY OTHER PARTS OF THE PLAN CONTRIBUTE AS WELL. HRA GATHERS AND DISSEMINATES KNOWLEDGE TO FOSTER INNOVATIVE GRANTMAKING AND ADDRESS CHALLENGES IN BIOMEDICAL RESEARCH BY PROVIDING LEADERSHIP, KNOWLEDGE, TOOLS, AND OPPORTUNITIES TO COLLABORATE AND IDENTIFY EFFECTIVE GRANTMAKING STRATEGIES. WE USE HRA'S LISTSERV AS A FORUM FOR HRA MEMBERS TO SEEK GUIDANCE, ASK QUESTIONS, AND POSE CHALLENGES TO FELLOW MEMBERS OUTSIDE OF FORMAL GROUPS OR MEETINGS. HRA'S "LEARNING COMMUNITIES" ALSO PROVIDE LEADERSHIP, KNOWLEDGE, TOOLS, AND OPPORTUNITIES ON TOPICS THAT ARE CRITICAL TO THE BIOMEDICAL RESEARCH FUNDING SECTOR. LEARNING COMMUNITY TOPICS INCLUDE AI/LLM, CLINICAL TRIALS, DIVERSITY, EQUITY, & INCLUSION, DRUG AND OTHER THERAPY DEVELOPMENT, GRANTS ADMINISTRATION, MISCONDUCT AND ETHICS, OPEN SCIENCE & DATA SHARING, PROGRAM EVALUATION, REGISTRY AND BIOREPOSITORY, AND RESEARCH WORKFORCE AND EARLY CAREER DEVELOPMENT. THE COMMUNITIES WORK BY CONVENING REGULARLY VIA ZOOM, CREATING TOOLS, AND COLLECTING EFFECTIVE STRATEGIES TO SHARE WITH THE MEMBERS. THESE COMMUNITIES DIVE DEEP INTO ISSUES THAT IMPACT OUR MEMBERS, AND DEVELOP RECOMMENDATIONS, IDENTIFY RESOURCES, OR FACILITATE DISCUSSION ABOUT WHAT HRA AND HRA MEMBERS CAN IMPLEMENT OR SUPPORT TO MAKE PROGRESS IN VARIOUS AREAS. COMMUNITIES ARE CREATED WHEN A NEED ARISES BUT ALSO SUNSET WHEN THE APPLICABILITY TO HRA MEMBER ORGANIZATIONS SIGNIFICANTLY DECREASES. WE ALSO HOST ON HRA'S WEBSITE A FREQUENTLY UPDATED GRANTMAKING HANDBOOK FOR HRA MEMBERS AND THE COMMUNITY (INCLUDING "HOW TO'S" FOR BIOMEDICAL GRANTMAKING).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Heather Snyder PHD Past Chair | OfficerTrustee | 1 | $0 |
Sindy Escobar-Alvarez PHD Chair | OfficerTrustee | 1 | $0 |
Kara Coleman Secretary | OfficerTrustee | 1 | $0 |
Salvatore Larosa PHD Treasurer | OfficerTrustee | 1 | $0 |
Lara Bethke Director | Trustee | 1 | $0 |
Stacy Cloud Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $556,451 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $556,451 |
Total Program Service Revenue | $0 |
Investment income | $27,292 |
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 | $583,743 |
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. | $449,831 |
Compensation of current officers, directors, key employees. | $55,059 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,047 |
Pension plan accruals and contributions | $1,865 |
Other employee benefits | $0 |
Payroll taxes | $27,984 |
Fees for services: Management | $0 |
Fees for services: Legal | $8,524 |
Fees for services: Accounting | $13,350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $71,063 |
Advertising and promotion | $0 |
Office expenses | $5,579 |
Information technology | $82,380 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $31,422 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,045 |
Insurance | $2,656 |
All other expenses | $0 |
Total functional expenses | $708,746 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $27,395 |
Savings and temporary cash investments | $734,421 |
Pledges and grants receivable | $22,500 |
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 | $21,024 |
Net Land, buildings, and equipment | $13,903 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $819,243 |
Accounts payable and accrued expenses | $35,218 |
Grants payable | $0 |
Deferred revenue | $2,500 |
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 | $37,718 |
Net assets without donor restrictions | $752,753 |
Net assets with donor restrictions | $28,772 |
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 | $819,243 |
Organization Name | Assets | Revenue |
---|---|---|
Global Genomics And Bioinformatics Research Institute Fairfax, VA | $118,445,508 | $288,537 |
Emtech Inc Atlanta, GA | $30,303,858 | $2,902,773 |
Health Research Alliance Inc Raleigh, NC | $819,243 | $583,743 |
The Ruth K Broad Biomedical Research Foundation Inc Durham, NC | $18,625,123 | $648,234 |
North Carolina Association For Biomedical Research Raleigh, NC | $695,000 | $534,428 |
Augusta Biomedical Research Corporation Augusta, GA | $303,534 | $80,204 |
Open Humans Foundation Sanford, NC | $233,182 | $0 |
Technology Accelerator Company Charleston, SC | $3,166,542 | $15,727 |