Totals
- Total revenue
- $3,092,014
- Total expenses
- $2,864,101
- Contributions and grants received
- $3,091,789
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $225
- Other revenue
- $0
- Total assets, end of year
- $1,215,419
- Total liabilities, end of year
- $223,425
- Net assets or fund balances, end of year
- $991,994
- Program services expenses (Part IX)
- $2,401,982
- Management and general expenses
- $462,119
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,401,982
Program services were 83.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$2,566,512
-
1f · All other contributions, gifts and grants
$525,277
-
3 · Investment income
total $225 · excluded $225
Functional expenses
Part IX, the statement of functional expenses.
-
6 · Compensation of disqualified persons
total $139,625 · management and general $139,625
-
7 · Other salaries and wages
total $1,180,832 · program services $1,026,609 · management and general $154,223
-
10 · Payroll taxes
total $100,940 · program services $77,304 · management and general $23,636
-
11c · Fees: accounting
total $44,765 · management and general $44,765
-
11g · Fees: other
total $29,881 · program services $3,586 · management and general $26,295
-
13 · Office expenses
total $14,808 · management and general $14,808
-
16 · Occupancy
total $597 · program services $297 · management and general $300
-
17 · Travel
total $62,132 · program services $58,495 · management and general $3,637
-
19 · Conferences, conventions and meetings
total $23,079 · program services $21,769 · management and general $1,310
-
23 · Insurance
total $149,261 · program services $109,003 · management and general $40,258
-
24a · Other expenses: SUBCONTRACTORS
total $1,032,387 · program services $1,031,387 · management and general $1,000
-
24b · Other expenses: PROGRAM SUPPLIES
total $50,669 · program services $49,978 · management and general $691
-
24c · Other expenses: SUBSCRIPTIONS
total $24,745 · program services $13,849 · management and general $10,896
-
24d · Other expenses: MISCELLANEOUS
total $5,830 · program services $5,155 · management and general $675
-
24e · All other expenses
total $4,550 · program services $4,550
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $121,237 · end of year $787,707
-
4 · Accounts receivable
beginning of year $851,621 · end of year $427,712
-
17 · Accounts payable and accrued expenses
beginning of year $93,379 · end of year $115,768
-
19 · Deferred revenue
beginning of year $115,398 · end of year $107,657
-
27 · Net assets without donor restrictions
beginning of year $764,081 · end of year $991,994
Mission and programs · 2023
Mission
THE MISSION OF ALBANY RESEARCH INSTITUTE IS TO SUPPORT AND FACILITATE APPROVED BIOMEDICAL RESEARCH AND DEVELOPMET ACTIVITIES AT THE SAMUEL S. STRATTON VA MEDICAL CENTER.
Activities or mission (Part I)
TO SUPPORT APPROVED BIOMEDICAL RESEARCH AND DEVELOPMENT ACTIVITIES AT THE SAMUEL S. STRATTON VA MEDICAL CENTER.
-
GRANTS ARE RECEIVED FROM THE U.S. GOVERNMENT AND PRIVATE CORPORATIONS, WHICH ARE THEN DIRECTED TO CONDUCT RESEARCH IN DIVERSE CLINICAL AREAS, INCLUDING, BUT NOT LIMITED TO, STROKE, DIABETES, KIDNEY DISEASE AND GENOMICS.
Expenses $2,401,982
As filed on the 2023 return.
Listed in Part VII
-
Don Higgins MDDON HIGGINS MD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Darlene Delancey MsDARLENE DELANCEY MS
MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Richard K Howard MDRICHARD K HOWARD MD
MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Jonathan Dordick PhDJONATHAN DORDICK PHD
MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Paul Higgins PhDPAUL HIGGINS PHD
MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Tom Markert RphTOM MARKERT RPH
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Jiaojie QuJIAOJIE QU
INTERIM EXECUTIVE DIRECTOR
- Total calculated
- $104,000
- From this org
- $104,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Sophia PalloneSOPHIA PALLONE
EXECUTIVE DIRECTOR
- Total calculated
- $35,625
- From this org
- $35,625
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202401369349313800
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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