Biomedical Research Foundation Of Southern Arizona
- Assets
- $586.5k
- Revenue
- $271.6k
- Investments
- $0.0
- Employees
- 13
- Location
- Tucson, AZ
- Founding
- 10/1991
- Data as of
- 09/2022
- EIN
- 86-0622181
Organization Overview
Biomedical Research Foundation Of Southern Arizona is located in Tucson, AZ. The organization was established in 1991. 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 09/2022, Biomedical Research Foundation Of Southern Arizona employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biomedical Research Foundation Of Southern Arizona 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 09/2022, Biomedical Research Foundation Of Southern Arizona generated $271.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $705.1k during the year ending 09/2022. 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
TO FACILITATE AND SUPPORT THE MEDICAL RESEARCH AND EDUCATIONAL MISSION OF THE SOUTHERN ARIZONA VA HEALTH CARE SYSTEM (SAVAHCS)
Describe the Organization's Program Activity:
Part 3 - Line 4a
BREFSA PROVIDED SALARY SUPPORT TO SAVAHCS FOR THE IRB COORDINATOR AND FOUR RESEARCH COORDINATORS; BREFSA SUPPORTS NEW INVESTIGATORS BY MAKING AVAILABLE "NEW INVESTIGATOR GRANTS" OF UP TO $30,000. BREFSA PROVIDED REGULATORY START-UP SUPPORT FOR THREE VA STUDIES. BREFSA PROVIDED SUPPORT TO SAVAHCS FOR EDUCATION AND RESEARCH PRESENTATIONS FOR TWO PRINCIPAL INVESTIGATORS TO PRESENT RESEARCH MATERIALS AT TWO MEDICAL RESEARCH CONFERENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bradley Margaret Executive Director | Officer | 40 | $88,703 |
Schwenke Dawn C Director | OfficerTrustee | 1 | $0 |
Walters Jodi Director/sec/treasurer | OfficerTrustee | 1 | $0 |
Batty Kent Director | Trustee | 1 | $0 |
Adams Midge Director | Trustee | 1 | $0 |
Bode B Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $131,682 |
| 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 | $131,682 |
| Total Program Service Revenue | $124,262 |
| Investment income | $14,070 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $271,565 |
| 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. | $113,134 |
| Compensation of current officers, directors, key employees. | $113,134 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $327,874 |
| Pension plan accruals and contributions | $11,428 |
| Other employee benefits | $23,239 |
| Payroll taxes | $31,768 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,657 |
| Fees for services: Accounting | $29,793 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,051 |
| Advertising and promotion | $0 |
| Office expenses | $6,056 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,140 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,498 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,607 |
| All other expenses | $289 |
| Total functional expenses | $705,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,976 |
| Savings and temporary cash investments | $194,695 |
| Pledges and grants receivable | $0 |
| 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 | $4,310 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $324,430 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $52,099 |
| Total assets | $586,510 |
| Accounts payable and accrued expenses | $70,208 |
| 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 | $0 |
| Total liabilities | $70,208 |
| Net assets without donor restrictions | $516,302 |
| 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 | $586,510 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lovelace Biomedical Research Institute Albuquerque, NM | $189,542,168 | $89,255,628 |
Lovelace Biomedical & Environmental Research Institute Inc Albuquerque, NM | $86,733,655 | $36,706,942 |
Gary And Mary West Health Institute La Jolla, CA | $20,819,217 | $21,045,299 |
Steadman Philippon Research Institute Vail, CO | $14,955,351 | $15,214,073 |
Alfred E Mann Institute For Biomedical Engineering At The Usc Los Angeles, CA | $265,159,414 | $78,284,269 |
Fogarty Institute For Innovation Mountain View, CA | $12,713,454 | $3,362,432 |
Sens Foundation Inc Mountain View, CA | $3,998,305 | $4,002,442 |
Southern California Institute For Research And Education Long Beach, CA | $7,387,710 | $3,555,949 |
Brentwood Biomedical Research Institute Institute Inc Los Angeles, CA | $0 | $493,229 |
Applied Biomedical Science Institute San Diego, CA | $1,308,035 | $2,682,413 |
Agouron Institute Pasadena, CA | $18,754,799 | $1,205,799 |
Beckman Laser Institute Inc Irvine, CA | $7,260,993 | $551,556 |