Arizona Alzheimers Research Center Inc is located in Phoenix, AZ. The organization was established in 2003. According to its NTEE Classification (H83) the organization is classified as: Alzheimers Disease Research, 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. Arizona Alzheimers Research Center 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 06/2022, Arizona Alzheimers Research Center Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $3.8m during the year ending 06/2022. While expenses have increased by 6.2% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ALZHEIMERS DISEASE RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER IS ENGAGED IN RESEARCH FOR THE PREVENTION, DETECTION, AND TREATMENT OF ALZHEIMERS DISEASE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David A Jerman Administrative Director | Officer | 40 | $192,750 |
Eric C Reiman Chairman | OfficerTrustee | 1 | $0 |
Robert Bowser Director | Trustee | 1 | $0 |
Jeffrey Trent Director | Trustee | 1 | $0 |
Susan Pepin Director | Trustee | 1 | $0 |
Jay Maningo-Salinas Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $3,625,000 |
All other contributions, gifts, grants, and similar amounts not included above | $443,273 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,068,273 |
Total Program Service Revenue | $0 |
Investment income | $21 |
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 | $4,068,294 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,200 |
Grants and other assistance to domestic individuals. | $6,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $232,448 |
Compensation of current officers, directors, key employees. | $116,224 |
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 | $0 |
Fees for services: Legal | $6,629 |
Fees for services: Accounting | $60,556 |
Fees for services: Lobbying | $72,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $48,275 |
Advertising and promotion | $0 |
Office expenses | $8,689 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $14,382 |
Travel | $4,690 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,304 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,684 |
All other expenses | $0 |
Total functional expenses | $3,849,190 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $648,725 |
Savings and temporary cash investments | $208,488 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $26,250 |
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 | $1,633 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $825 |
Total assets | $885,921 |
Accounts payable and accrued expenses | $67,137 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $2,891 |
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 | $70,028 |
Net assets without donor restrictions | $815,893 |
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 | $885,921 |
Over the last fiscal year, we have identified 3 grants that Arizona Alzheimers Research Center Inc has recieved totaling $12,036.
Awarding Organization | Amount |
---|---|
Mayo Clinic Group Return Rochester, MN PURPOSE: SUPPORT CHARITABLE PROGRAMS | $10,888 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $148 |
Organization Name | Assets | Revenue |
---|---|---|
Arizona Alzheimers Research Center Inc Phoenix, AZ | $885,921 | $4,068,294 |
Alzheimers San Diego San Diego, CA | $4,052,793 | $3,237,352 |
Hearts & Minds Activity Center San Jose, CA | $4,277,390 | $2,326,682 |
Leeza Gibbons Memory Foundation Inc Beverly Hills, CA | $805,583 | $758,654 |
Healthy Mind Foundation Salt Lake City, UT | $0 | $0 |
Institute Of Neurosurgical Innovation Inc A Non-Profit Public Marina Del Rey, CA | $78,657 | $0 |
The John Douglas French Alzheimers Foundation Pasadena, CA | $2,530,376 | $727,955 |
Lloyd Westley Luttrell Memorial Foundation For Alzheimers Research Belmont, CA | $170,710 | $3,046 |
Western Geriatric Research Institute Encino, CA | $500,635 | $766 |
Louises's Legacy Greenwood Village, CO | $0 | $0 |
Omentum Research Foundation San Gabriel, CA | $721,141 | $2,216 |