Central Society For Clinical Research Lakeside Medical Ctr
- Assets
- $1.8m
- Revenue
- $487.7k
- Investments
- $1.6m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 03/1952
- Data as of
- 12/2022
- EIN
- 73-0714518
Organization Overview
Central Society For Clinical Research Lakeside Medical Ctr is located in Milwaukee, WI. The organization was established in 1952. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Society For Clinical Research Lakeside Medical Ctr 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 12/2022, Central Society For Clinical Research Lakeside Medical Ctr generated $487.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $562.3k during the year ending 12/2022. While expenses have increased by 3.2% per year over the past 8 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.
Since 2015, Central Society For Clinical Research Lakeside Medical Ctr has awarded 36 individual grants totaling $420,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCEMENT OF MEDICAL SCIENCE; CLINICAL RESEARCH BY ALTERNATIVE METHODS; CORRELATION OF SCIENCE WITH THE ART OF MEDICAL PRACTICE; ENCOURAGEMENT OF SCIENTIFIC INVESTIGATION; DIFFUSION OF A SCIENTIFIC SPIRIT; SPONSORSHIP OF SCIENTIFIC MEETINGS; AND PUBLICATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOURNAL - TRANSLATIONAL RESEARCH: PUBLISHES THE LATEST RESEARCH ON HUMAN DISEASE FROM ALL SUB SPECIALTIES OF MEDICINE.
OTHER PROGRAM SERVICES: MEMBERSHIP DUES & SUBSCRIPTIONS
ANNUAL MEETING: THE ANNUAL MEETING HAS A RICH TRADITION OF PROVIDING A FORUM FOR YOUNG INVESTIGATORS, FELLOWS AND ASSOCIATE/ASSISTANT PROFESSORS TO PRESENT THEIR RESEARCH TO LEADERS IN THEIR FIELDS. THIS IS ONE OF THE FEW MULTI SPECIALTY MEETINGS WITH A BROAD FOCUS WHERE THE ATTENDEES CAN LEARN ABOUT RESEARCH TECHNIQUES USED IN OTHER MEDICAL SPECIALTIES AND APPLY THOSE TECHNIQUES TO THEIR OWN RESEARCH.
CAREER DEVELOPMENT AWARDS: THE EARLY CAREER DEVELOPMENT AWARDS ARE $10,000 GRANTS AVAILABLE TO CURRENT MEMBERS, OR INDIVIDUALS APPLYING FOR MEMBERSHIP, WHO CURRENTLY HOLD AN NIH K08, K23 OR K30 AWARD WITH THE GOAL OF PROVIDING RESEARCH SUPPORT TO RESEARCHERS AT THE FELLOW OR JUNIOR FACULTY LEVEL. APPLICANTS MUST SUBMIT A CURRENT CURRICULUM VITAE (CV), AND TWO (2) LETTERS OF RECOMMENDATION AND MUST BE AVAILABLE TO PRESENT THEIR WORK AT THE COMBINED ANNUAL MEETING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Belt Davis MD PHD Past President | OfficerTrustee | 3 | $0 |
Suthat Liangpunsakul MD MPH President | OfficerTrustee | 3 | $250 |
David J Kennedy PHD Secretary/treasurer | Trustee | 1 | $5,678 |
Steven Dudek MD Past President | OfficerTrustee | 3 | $0 |
Kevin R Regner MD Councilor | Trustee | 1 | $0 |
Emily K Sims MD Councilor | Trustee | 1 | $0 |
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 | $300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300 |
| Total Program Service Revenue | $412,528 |
| Investment income | $74,831 |
| 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 | $487,659 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,000 |
| Grants and other assistance to domestic individuals. | $56,985 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $49,924 |
| 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 | $125,581 |
| Fees for services: Legal | $150 |
| Fees for services: Accounting | $6,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,000 |
| Advertising and promotion | $0 |
| Office expenses | $1,920 |
| Information technology | $44,855 |
| 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 | $85,435 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,238 |
| All other expenses | $33 |
| Total functional expenses | $562,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,235 |
| Savings and temporary cash investments | $38,523 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,050 |
| 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 | $5,228 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,611,980 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,816,016 |
| Accounts payable and accrued expenses | $104 |
| Grants payable | $0 |
| Deferred revenue | $5,090 |
| 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 | $5,194 |
| Net assets without donor restrictions | $1,680,335 |
| Net assets with donor restrictions | $130,487 |
| 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 | $1,816,016 |
Grants Awarded
Over the last fiscal year, Central Society For Clinical Research Lakeside Medical Ctr has awarded $40,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MICHIGAN PURPOSE: EARLY CAREER DEVELOPMENT AWARDS | $20,000 |
INDIANA UNIVERSITY SCHOOL OF MEDICINE PURPOSE: EARLY CAREER DEVELOPMENT AWARDS | $10,000 |
UNIVERSITY OF NEBRASKA PURPOSE: EARLY CAREER DEVELOPMENT AWARDS | $10,000 |