Pierone Research Institute- A Whole Family Health Ctr Initiative
- Assets
- $649.7k
- Revenue
- $687.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- Data as of
- 03/2022
- EIN
- 84-4131341
Organization Overview
Pierone Research Institute- A Whole Family Health Ctr Initiative is located in Vero Beach, FL. According to its NTEE Classification (H81) the organization is classified as: AIDS 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. Pierone Research Institute- A Whole Family Health Ctr Initiative 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 03/2022, Pierone Research Institute- A Whole Family Health Ctr Initiative generated $687.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $439.5k during the year ending 03/2022. While expenses have increased by 11.1% per year over the past 2 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
THE PIERONE RESEARCH INSTITUTES (TPRI) MISSION IS TO CONDUCT HIV/AIDS AND INFECTIOUS DISEASE RESEARCH, AND TO CONTRIBUTE TO THE TREATMENT OF PATIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHEN COVID-19 FIRST APPEARED AS A NATIONAL PANDEMIC, TPRI RECEIVED GRANTS FROM BOTH THE NATIONAL INSTITUTE OF ALLERGY AND INFECTIOUS DISEASES AND THE NATIONAL INSTITUTE OF HEALTH TO CONDUCT RESEARCH ON MONOCLONAL ANTIBODY TREATMENTS, WHICH ULTIMATELY LED TO THE FDA GRANTING MANY OF THESE THERAPEUTIC TREATMENTS WITH EMERGENCY USE AUTHORIZATIONS (EUAS).
THE PIERONE RESEARCH INSTITUTE (TPRI) PROVIDES OUR PATIENTS THE OPPORTUNITY TO PARTICIPATE IN IMPORTANT CLINICAL TRIALS, ALONG WITH DR. PIERONE INSPIRED PROTOCOLS, THAT HE DESIGNED AND SUBMITTED TO THE FDA. OUR TEAM IS COMMITTED TO SUPPORTING ONGOING RESEARCH DESIGNED TO AID IN IMPROVING HIV TREATMENT AND ULTIMATELY DISCOVERING A CURE. SOME OF THE CLINICAL TRIALS WE WORK WITH ARE SPONSORED BY PHARMACEUTICAL COMPANIES AND ARE DESIGNED TO EVALUATE THE EFFECTIVENESS OF NEW MEDICATIONS FOR THE TREATMENT OF HIV INFECTION. OTHER CLINICAL TRIALS ARE FOCUSED ON TREATMENTS FOR SOME OF THE COMPLICATIONS OF HIV AND PREVIOUS TREATMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Andress Secretarydirector | OfficerTrustee | 5 | $0 |
Stevan Trooboff Chairmandirector | OfficerTrustee | 1 | $0 |
Dr Gerald Pierone Vice Chairdirector | OfficerTrustee | 2 | $0 |
Charles Cunningham Treasurerdirector | OfficerTrustee | 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 | $189,572 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $189,572 |
| Total Program Service Revenue | $497,137 |
| Investment income | $44 |
| 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 | $687,023 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $206,583 |
| Pension plan accruals and contributions | $4,137 |
| Other employee benefits | $43,399 |
| Payroll taxes | $10,828 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,802 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $75 |
| Advertising and promotion | $640 |
| Office expenses | $16,161 |
| Information technology | $10,985 |
| Royalties | $0 |
| Occupancy | $23,083 |
| Travel | $1,906 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,644 |
| Insurance | $10,115 |
| All other expenses | $9,610 |
| Total functional expenses | $439,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,249 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,350 |
| 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 | $1,744 |
| Net Land, buildings, and equipment | $6,361 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $649,704 |
| Accounts payable and accrued expenses | $847 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $143,619 |
| Total liabilities | $144,466 |
| Net assets without donor restrictions | $505,238 |
| 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 | $649,704 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Pierone Research Institute- A Whole Family Health Ctr Initiative has recieved totaling $28,000.
| Awarding Organization | Amount |
|---|---|
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: GENERAL OPERATING | $25,000 |
Guy K And Katharine I Mitchell Foundation Bessemer, AL PURPOSE: UNRESTRICTED | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bliss Cares Inc Orlando, FL | $24,523,508 | $27,838,732 |
Empowerment Resource Center Inc Atlanta, GA | $7,163,867 | $11,556,811 |
Pierone Research Institute- A Whole Family Health Ctr Initiative Vero Beach, FL | $649,704 | $687,023 |
Red Ribbon Charitable Foundation Inc Gulf Breeze, FL | $2,267,183 | $184,076 |
Professional Association Of Social Workers In Hiv & Aids Birmingham, AL | $819,316 | $688,151 |