Institute For Molecular Medicine

Organization Overview

Institute For Molecular Medicine is located in Huntington Beach, CA. The organization was established in 1997. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 06/2022, Institute For Molecular Medicine employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Molecular Medicine 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, Institute For Molecular Medicine generated $6.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $6.4m during the year ending 06/2022. While expenses have increased by 19.5% 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.

Since 2015, Institute For Molecular Medicine has awarded 12 individual grants totaling $2,741,059. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE INSTITUTE FOR MOLECULAR MEDICINE IS TO CONTRIBUTE TO THE UNDERSTANDING OF AND THE PREVENTION AND CURE OF CATASTROPHIC HUMAN CHRONIC DISEASES, SUCH AS AUTOIMMUNE DISEASES, FATIGUE ILLNESSES, RHEUMATIC DISEASES, CANCER, AIDS, AND INFECTIOUS AND GENETIC DISEASES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESEARCH/COMMUNITY SERVICE - THE INSTITUTE CONDUCTS MULTIFACETED, CROSS-DISCIPLINARY AND MULTI-NATIONAL RESEARCH, INCLUDING RESEARCH AND ITS TRANSLATION LEADING TO CLINICAL APPLICATIONS OF NEW DIAGNOSTIC AND THERAPEUTIC APPROACHES TO CONQUERING CATASTROPHIC CHRONIC DISEASES.


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Board, Officers & Key Employees

Name (title)Compensation
M Agadjanyan Dscphd
V.pres/treas.
$197,300
A Agadjanyan
Financial Dir.
$170,000
A Ghochikyan PHD
Bm & Secretary
$135,208
G L Nicolson PHD
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,390,258
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$6,390,258
Total Program Service Revenue$0
Investment income $34
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 $6,390,292

Grants Awarded

Over the last fiscal year, Institute For Molecular Medicine has awarded $255,801 in support to 2 organizations.

Grant RecipientAmount

ARMENIA FUND INC

PURPOSE: Support

$15,000

UNIVERSITY OF CA IRVINE

PURPOSE: Subaward for Research Performance

$240,801
View Grant Profile

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