California Institute For Medical Research is located in San Jose, CA. The organization was established in 1964. As of 12/2021, California Institute For Medical Research employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Institute For Medical Research 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, California Institute For Medical Research generated $639.2k 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 (7.3%) each year. All expenses for the organization totaled $886.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CIMR PROVIDES A RESOURCE FOR LOCAL HOSPITALS, BIOMEDICAL RESEARCHERS AND DOCTORS BY PROVIDING PHYSICAL FACILITIES FOR RESEARCH PROGRAMS AND THE ADMINISTRATION OF RESEARCH CONTRACTS & GRANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIMR RESEARCHERS HAVE MADE MAJOR CONTRIBUTIONS. THESE HAVE INCLUDED: IMPROVING THE TREATMENT OF FUNGAL DISEASES SUCH AS VALLEY FEVER, PREVENTION OF RECURRENT HEART ATTACK AND STROKE, INITIATION OF A TRANSPLANT BANK, DEVELOPMENT OF AN ANIMAL MODEL OF PARKINSON'S DISEASE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Stevens MD President | OfficerTrustee | 10 | $0 |
Gillian Humphries Vp/treasurer | OfficerTrustee | 2 | $0 |
John P Sherck MD Secretary | OfficerTrustee | 2 | $0 |
Don Prolo Director | Trustee | 2 | $0 |
Laurence Mirels MD Director | Trustee | 2 | $0 |
Robert Di Blasi MD Director | Trustee | 2 | $0 |
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 | $19,323 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $19,323 |
Total Program Service Revenue | $401,555 |
Investment income | $7,216 |
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 | $639,157 |
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 | $332,827 |
Pension plan accruals and contributions | $26,515 |
Other employee benefits | $41,373 |
Payroll taxes | $27,937 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $29,694 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,804 |
Insurance | $25,202 |
All other expenses | $42,300 |
Total functional expenses | $885,975 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $169,869 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $69,243 |
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 | $15,129 |
Net Land, buildings, and equipment | $245,045 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $982,357 |
Total assets | $1,481,643 |
Accounts payable and accrued expenses | $147,738 |
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 | $147,738 |
Net assets without donor restrictions | $351,551 |
Net assets with donor restrictions | $982,354 |
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 | $1,481,643 |
Over the last fiscal year, we have identified 4 grants that California Institute For Medical Research has recieved totaling $469,932.
Awarding Organization | Amount |
---|---|
Foundation For Research In Infectious Diseases Saratoga, CA PURPOSE: MEDICAL RESEARCH | $378,348 |
Foundation For Research In Infectious Diseases Saratoga, CA PURPOSE: MEDICAL RESEARCHMEDICAL RESEARCH | $38,371 |
Foundation For Research In Infectious Diseases Saratoga, CA PURPOSE: MEDICAL RESEARCH | $34,813 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Health | $18,400 |
Beg. Balance | $460,377 |
Earnings | $42,448 |
Admin Expense | $3,520 |
Other Expense | $102,000 |
Ending Balance | $397,305 |
Organization Name | Assets | Revenue |
---|---|---|
Northern California Institute For Research And Education Inc San Francisco, CA | $16,307,751 | $46,684,844 |
Palo Alto Veterans Institute For Research Palo Alto, CA | $15,189,973 | $29,400,012 |
Olive View Ucla Education And Research Institute Inc Sylmar, CA | $10,446,395 | $11,985,019 |
Hawaii Hospital Education And Research Foundation Honolulu, HI | $1,734,095 | $6,267,769 |
Tower Cancer Research Foundation Beverly Hills, CA | $3,869,425 | $2,998,998 |
National Alopecia Areata Foundation San Rafael, CA | $2,724,730 | $2,397,922 |
Straub Foundation Honolulu, HI | $15,015,264 | $4,202,945 |
East Bay Institute For Research And Education Inc Rancho Cordova, CA | $1,016,635 | $1,200,121 |
California Institute For Medical Research San Jose, CA | $1,481,643 | $639,157 |
Alzheimers Research And Prevention Foundation Tucson, AZ | $2,893,844 | $725,054 |
Harvey Bassett Clarke Foundation Palo Alto, CA | $174,247 | $0 |
Sherman Oaks Orthopaedic Research Foundation Inc Sherman Oaks, CA | $60,745 | $0 |