Cincinnati Shoulder And Elbow Research And Education Foundation
- Assets
- $170.7k
- Revenue
- $17.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Edgewood, KY
- Founding
- 11/2017
- Data as of
- 12/2021
- EIN
- 82-2840237
Organization Overview
Cincinnati Shoulder And Elbow Research And Education Foundation is located in Edgewood, KY. The organization was established in 2017. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone Diseases 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. Cincinnati Shoulder And Elbow Research And Education Foundation 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 12/2021, Cincinnati Shoulder And Elbow Research And Education Foundation generated $17.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $4.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CRERF FUNDED RESEARCH ACTIVITIES FOR THE SHOULDER AND ELBOW FELLOW. THIS INCLUDED ARTHROSCOPIC LABS FOR SURGICAL TRAINING. THE FOUNDATION ALSO FUNDED TRAVEL TO AND REGISTRATION FEES FOR NATIONAL CONFERENCES FOR CONTINUING EDUCATION CREDITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Michael Greiwe Founder | 1 | $0 | |
Samer Hasan Director | 1 | $0 | |
Paul Favorito Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,893 |
| Total operating and administrative expenses | $4,893 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,712 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $170,712 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $50 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $50 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cincinnati Shoulder And Elbow Research And Education Foundation has recieved totaling $17,000.
| Awarding Organization | Amount |
|---|---|
Ases Foundation Schaumburg, IL PURPOSE: RESEARCH | $17,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Orthopaedic Research And Education Foundation Rosemont, IL | $25,903,586 | $3,855,378 |
Child Neurology Education And Research Foundation Lexington, KY | $4,583,151 | $3,554,448 |
Mpn Research Foundation Chicago, IL | $7,764,367 | $2,570,885 |
Parkinson's Disease Research Society C/O Carol Santi Highland Park, IL | $0 | $653 |
The Orthopedic Foundation Westerville, OH | $1,329,918 | $554,191 |
Beacon Orthopaedic Research & Education Foundation Cincinnati, OH | $118,608 | $377,702 |
Foundation For Arthroplasty Research And Education Rosemont, IL | $2,262,502 | $120,077 |
Indiana Parkinson Foundation Noblesville, IN | $162,652 | $0 |
Jordan Research Foundation Virginia Beach, VA | $371,366 | $282,143 |
Tri-State Multiple Sclerosis Association Inc Evansville, IN | $1,107,999 | $140,176 |
Kenneth H Campbell Foundation For Neurological Research Cincinnati, OH | $877,414 | $129,937 |
Northwestern Arthritis & Rehabiltation Institute Chicago, IL | $19,210 | $0 |