Form 990 for tax year 2023
Filed by THE RESEARCH INSTITUTE OF THE MCGILL UNIVERSITY HEALTH CENTRE.
Totals
- Total revenue
- $127,491,986
- Total expenses
- $126,696,522
- Contributions and grants received
- $114,509,158
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $4,848,081
- Other revenue
- $8,134,747
- Total assets, end of year
- $138,062,408
- Total liabilities, end of year
- $123,834,533
- Net assets or fund balances, end of year
- $14,227,875
- Program services expenses (Part IX)
- $101,055,922
- Management and general expenses
- $25,640,600
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $12,853,760
Program services were 79.8% 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.
-
1f · All other contributions, gifts and grants
$114,509,158
-
3 · Investment income
total $4,828,493 · related or exempt $4,828,493
-
5 · Royalties
total $4,131 · related or exempt $4,131
-
7a · Gross sales of assets other than inventory
securities $19,588
-
7c · Gain or loss
securities $19,588
-
7d · Net gain or loss
total $19,588
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: Consulting & Other
total $8,130,616 · related or exempt $8,130,616
-
11e · Other revenue, total
$8,130,616
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $69,193,409 · program services $49,690,056 · management and general $19,503,353
-
9 · Other employee benefits
total $1,447,801 · program services $831,472 · management and general $616,329
-
10 · Payroll taxes
total $6,999,751 · program services $4,706,920 · management and general $2,292,831
-
11b · Fees: legal
total $111,131 · program services $27,673 · management and general $83,458
-
11f · Fees: investment management
total $212,693 · management and general $212,693
-
11g · Fees: other
total $10,780,971 · program services $8,642,962 · management and general $2,138,009
-
12 · Advertising and promotion
total $38,375 · program services $36,633 · management and general $1,742
-
13 · Office expenses
total $15,902,821 · program services $12,161,802 · management and general $3,741,019
-
14 · Information technology
total $2,231,450 · program services $1,413,874 · management and general $817,576
-
16 · Occupancy
total $199,757 · program services $111,322 · management and general $88,435
-
19 · Conferences, conventions and meetings
total $3,271,103 · program services $2,915,235 · management and general $355,868
-
22 · Depreciation, depletion and amortization
total $2,922,741 · program services $2,304,312 · management and general $618,429
-
24a · Other expenses: Animal Services
total $3,295,408 · program services $2,728,662 · management and general $566,746
-
24b · Other expenses: Renovation & Support
total $423,537 · program services $48,007 · management and general $375,530
-
24c · Other expenses: Recoveries & Transfers
total $9,090,197 · program services $14,914,686 · management and general -$5,824,489
-
24d · Other expenses: Other Expenses
total $575,377 · program services $522,306 · management and general $53,071
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $36,272,356 · end of year $24,675,140
-
2 · Savings and temporary cash investments
beginning of year $14,336,404 · end of year $20,196,331
-
4 · Accounts receivable
beginning of year $26,395,925 · end of year $29,364,964
-
9 · Prepaid expenses and deferred charges
beginning of year $144,868 · end of year $38,318
-
10a · Land, buildings and equipment: cost or other basis
$29,584,837
-
10b · Land, buildings and equipment: accumulated depreciation
$20,581,430
-
10c · Land, buildings and equipment, net
beginning of year $9,096,379 · end of year $9,003,407
-
12 · Investments: other securities
beginning of year $53,474,892 · end of year $54,784,248
-
17 · Accounts payable and accrued expenses
beginning of year $13,908,473 · end of year $15,092,334
-
19 · Deferred revenue
beginning of year $113,313,980 · end of year $108,553,396
-
25 · Other liabilities
beginning of year $296,642 · end of year $188,803
-
29 · Capital stock, trust principal or current funds
beginning of year $929,066 · end of year $2,353,255
-
31 · Retained earnings, endowment or other funds
beginning of year $11,272,663 · end of year $11,874,620
Mission and programs · 2023
Mission
The organization's mission is to carry out all forms of medical research including other related medical processes.Physical space as well as financial & personnel resources are provided to facilitate
Activities or mission (Part I)
The organizations mission is to carry out all forms of medical research including other related medical processes
-
The Centre for Innovative Medicine (CIM) hosts & facilitates pediatric & adult clinical research studies, offering access to specialized clinical research staff & a full range of equipment & services in an environmeny dedicated to clinical research
Expenses $5,853,037 · Revenue $5,205,606
-
The Animal Resource Division (ARD) provides professional & technical support to investigators & staff. The facilities are fully compliant with the recommendations established by the Canadian Council on Animal Care (CCAC) & the Facility Animal Care Committee (FACC)
Expenses $4,161,260 · Revenue $2,939,522
-
The Technology Platforms provide access to state-of-the-art instrument cutting-edge techniques & consultative services on a fee for service basis. Each platform is staffed by dedicated personnel who operate the equipment & can provide assistance & training in an array of technologies
Expenses $2,839,463 · Revenue $2,571,315
As filed on the 2023 return.
Listed in Part VII
-
Peter KruytPETER KRUYT
Director
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Mary-Anne CarignanMARY-ANNE CARIGNAN
DirectorViceChair
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Pierre LortiePIERRE LORTIE
Director
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Lucie OpatrnyLUCIE OPATRNY
Director
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Martha CragoMARTHA CRAGO
Director
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Gloria TannenbaumGLORIA TANNENBAUM
Director
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Russell HiscockRUSSELL HISCOCK
Director
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Anne MezeiANNE MEZEI
Director
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Rhian TouyzRHIAN TOUYZ
Director
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Francois LaurenFRANCOIS LAUREN
DirectorTreasurer
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Gilbert TordjmanGILBERT TORDJMAN
Chief Operating Office
- Total calculated
- $216,480
- From this org
- $216,480
- From related orgs
- $0
- Other
- $0
Schedule J breakdown matched by us
- Base
- $195,457
- Bonus
- $21,023
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $216,480
-
Lucie CoteLUCIE COTE
Director Animal Resour
- Total calculated
- $137,120
- From this org
- $137,120
- From related orgs
- $0
- Other
- $0
Schedule J breakdown matched by us
- Base
- $125,025
- Bonus
- $12,095
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $137,120
-
Sonia RheaSONIA RHEA
Director Human Resourc
- Total calculated
- $142,706
- From this org
- $142,706
- From related orgs
- $0
- Other
- $0
Schedule J breakdown matched by us
- Base
- $130,611
- Bonus
- $12,095
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $142,706
-
Sarah PritchardSARAH PRITCHARD
DirectorChair
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Vesna PankovskaVESNA PANKOVSKA
Director Finance
- Total calculated
- $134,867
- From this org
- $134,867
- From related orgs
- $0
- Other
- $0
Schedule J breakdown matched by us
- Base
- $123,274
- Bonus
- $11,593
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $134,867
-
Susan JamesSUSAN JAMES
Director Grants
- Total calculated
- $140,261
- From this org
- $140,261
- From related orgs
- $0
- Other
- $0
Schedule J breakdown matched by us
- Base
- $128,015
- Bonus
- $12,246
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $140,261
-
Lesley FellowsLESLEY FELLOWS
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432289349302273
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