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← COALITION FOR EPIDEMIC PREPAREDNESS INNOVATIONS US CEPI US

Form 990 for tax year 2023

Filed by COALITION FOR EPIDEMIC PREPAREDNESS INNOVATIONS US CEPI US.

Totals

Total revenue
$6,594,258
Total expenses
$6,594,258
Contributions and grants received
$6,499,849
Grants paid
$0
Program service revenue
$0
Investment income
$94,409
Other revenue
$0
Total assets, end of year
$3,740,346
Total liabilities, end of year
$3,740,346
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$6,519,416
Management and general expenses
$74,842
Fundraising expenses
$0
Program service expenses (Part III)
$6,519,416

Program services were 98.9% 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.

  • 1d · Related organizations

    $6,499,849

  • 3 · Investment income

    total $94,409 · excluded $94,409

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,521,541 · program services $1,521,541

  • 7 · Other salaries and wages

    total $3,430,082 · program services $3,430,082

  • 8 · Pension plan contributions

    total $377,429 · program services $377,429

  • 9 · Other employee benefits

    total $262,679 · program services $262,679

  • 10 · Payroll taxes

    total $313,491 · program services $313,491

  • 11b · Fees: legal

    total $1,892 · management and general $1,892

  • 11c · Fees: accounting

    total $72,950 · management and general $72,950

  • 11f · Fees: investment management

    total $5,209 · program services $5,209

  • 13 · Office expenses

    total $119,114 · program services $119,114

  • 14 · Information technology

    total $11,510 · program services $11,510

  • 16 · Occupancy

    total $288,693 · program services $288,693

  • 17 · Travel

    total $117,555 · program services $117,555

  • 19 · Conferences, conventions and meetings

    total $24,725 · program services $24,725

  • 22 · Depreciation, depletion and amortization

    total $15,143 · program services $15,143

  • 23 · Insurance

    total $14,838 · program services $14,838

  • 24a · Other expenses: ENTERTAINMENT

    total $10,609 · program services $10,609

  • 24b · Other expenses: MEMBERSHIP DUES

    total $4,853 · program services $4,853

  • 24c · Other expenses: OTHER EXPENSES

    total $1,091 · program services $1,091

  • 24d · Other expenses: MAINTANCE EXPENSE

    total $854 · program services $854

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $938,144 · end of year $3,585,245

  • 9 · Prepaid expenses and deferred charges

    beginning of year $52,525 · end of year $34,449

  • 10a · Land, buildings and equipment: cost or other basis

    $160,054

  • 10b · Land, buildings and equipment: accumulated depreciation

    $39,402

  • 10c · Land, buildings and equipment, net

    beginning of year $32,042 · end of year $120,652

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,022,711 · end of year $3,740,346

Mission and programs · 2023

Mission

COALITION FOR EPIDEMIC PREPAREDNESS INNOVATIONS US ("CEPI US") WAS ORGANIZED FOR SEVERAL PURPOSES:(1) TO EDUCATE THE AMERICAN PUBLIC ABOUT THE IMPORTANCE OF DEVELOPING VACCINES TO COMBAT FUTURE GLOBAL EPIDEMICS (SEE SCHEDULE O)AND CEPI'S GOALS OF COORDINATING THE DEVELOPMENT OF SUCH VACCINES;(2) TO COORDINATE THE EFFORTS OF CEPI'S PARTNERS THAT ARE LOCATED IN THE US, INCLUDING PRIVATE FOUNDATIONS, INDUSTRY, TRADE ASSOCIATIONS, ACADEMIC AND RESEARCH INSTITUTIONS, AND OTHER NOT-FOR-PROFITS; AND,(3) TO ADVOCATE FOR SUPPORT, INCLUDING POTENTIAL FUNDING FOR CEPI US BY THE U.S. GOVERNMENT.

Activities or mission (Part I)

CEPI US IS A REGISTERED NON-PROFIT CORPORATION THAT SUPPORTS SOCIAL WELFARE (SEE SCH O) IN ACCORDANCE WITH SECTION 501(C)(4) OF THE US INTERNAL REVENUE CODE OF 1986. IN FURTHERANCE OF SUCH PURPOSES, CEPI US SHALL ENGAGE ACTIVITIES PROMOTING THE OBJECTIVES OF COALITION FOR EPIDEMIC PREPAREDNESS INNOVATIONS (CEPI), AN INTERNATIONAL NON-PROFIT ORGANIZATION FORMED TO WORK TOWARDS A WORLD IN WHICH EPIDEMICS AND PANDEMICS ARE NO LONGER A THREAT TO HUMANITY, BY ACCELERATING THE DEVELOPMENT, MANUFACTURE AND STOCKPILING OF VACCINES AND SELECT BIOLOGICALS NECESSARY TO RESPOND TO EMERGING INFECTIOUS DISEASES FOR WHICH THERE IS MARKET FAILURE, OR NO COMMERCIAL MARKETS EXIST.

  • IN A WORLD CHARACTERIZED BY INCREASING POPULATION DENSITY, HUMAN MOBILITY, AND ECOLOGICAL CHANGE, EMERGING INFECTIOUS DISEASES POSE A REAL AND GROWING THREAT TO GLOBAL HEALTH SECURITY. EPIDEMIC DISEASES AFFECT EVERYBODY, AND DO NOT RESPECT BORDERS. VACCINES ARE ONE OF THEMOST POWERFUL TOOLS IN THE FIGHT TO OUTSMART EPIDEMICS. CEPI US'S MISSION IS TO STIMULATE AND ACCELERATE THE DEVELOPMENT OF VACCINES AGAINST EMERGING INFECTIOUS DISEASES AND ENABLE EQUITABLE ACCESS TO THESE VACCINES FOR AFFECTED POPULATIONS DURING OUTBREAKS. CEPI IS AN INNOVATIVE GLOBAL COALITION OF PUBLIC, PRIVATE, PHILANTHROPIC, AND CIVIL SOCIETY ORGANIZATIONS WITH WHOM WE WORK IN PARTNERSHIP CLOSE COLLABORATION WITH GLOBAL PARTNERS WILL BE CRUCIAL TO THE SUCCESS OF CEPIS WORK TO DEVELOP VACCINES AGAINST EMERGING (SEE SCHEDULE O) INFECTIOUS DISEASES. THEREFORE, CEPI WILL SUPPORT COORDINATING ACTIVITIES TO IMPROVE OUR COLLECTIVE RESPONSE TO EPIDEMICS, STRENGTHENING CAPACITY IN COUNTRIES AT RISK, AND ADVANCING THE REGULATORY SCIENCE THAT GOVERNS PRODUCT DEVELOPMENT.

    Expenses $6,519,416

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Richard Hatchett

    DIRECTOR, CEO

    Total calculated
    $857,364
    From this org
    $0
    From related orgs
    $857,364
    Other
    $0
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $579,758 related
    Bonus
    $0 + $275,239 related
    Other
    $0 + $2,367 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $857,364 related

  • Mads Hogholen

    DIRECTOR, TREASURER

    Total calculated
    $172,204
    From this org
    $0
    From related orgs
    $172,204
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $170,522 related
    Bonus
    $0
    Other
    $0 + $1,682 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $172,204 related

  • Christopher T Da Costa

    PROJECT LEADER, R&D

    Total calculated
    $271,708
    From this org
    $264,600
    From related orgs
    $0
    Other
    $7,108
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $264,600
    Bonus
    $0
    Other
    $0
    Deferred
    $4,263
    Nontaxable benefits
    $2,845
    Filer's total
    $271,708

  • In-Kyu Yoon

    DIRECTOR OF PROGS AND INNOV TECH

    Total calculated
    $319,670
    From this org
    $314,700
    From related orgs
    $0
    Other
    $4,970
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $314,700
    Bonus
    $0
    Other
    $0
    Deferred
    $4,970
    Nontaxable benefits
    $0
    Filer's total
    $319,670

  • Nicole Lurie

    DIRECTOR, PRESIDENT

    Total calculated
    $296,156
    From this org
    $291,428
    From related orgs
    $0
    Other
    $4,728
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $291,428
    Bonus
    $0
    Other
    $0
    Deferred
    $2,050
    Nontaxable benefits
    $2,678
    Filer's total
    $296,156

  • Monina Vierneza

    SECRETARY

    Total calculated
    $195,817
    From this org
    $0
    From related orgs
    $195,817
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $195,265 related
    Bonus
    $0
    Other
    $0 + $552 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $195,817 related

  • Danielle Craig

    REGULATORY AFFAIRS LEAD AMERICAS

    Total calculated
    $273,532
    From this org
    $246,052
    From related orgs
    $0
    Other
    $27,480
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $246,052
    Bonus
    $0
    Other
    $0
    Deferred
    $3,733
    Nontaxable benefits
    $23,747
    Filer's total
    $273,532

  • Timothy Endy

    DISEASE X PROJECT LEADER

    Total calculated
    $281,241
    From this org
    $275,625
    From related orgs
    $0
    Other
    $5,616
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $275,625
    Bonus
    $0
    Other
    $0
    Deferred
    $1,893
    Nontaxable benefits
    $3,723
    Filer's total
    $281,241

  • Rebecca Farkas

    HEAD OF TECHNOLOGY

    Total calculated
    $267,771
    From this org
    $236,262
    From related orgs
    $0
    Other
    $31,509
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,262
    Bonus
    $0
    Other
    $0
    Deferred
    $3,643
    Nontaxable benefits
    $27,866
    Filer's total
    $267,771

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

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • CEPI NORWAY

    FOREIGN · INTERNATIONAL HEALTH · NO

  • CEPI UK

    FOREIGN · INTERNATIONAL HEALTH · UK

    Directly controlled by CEPI NORWAY

Provenance

Return type
form_990
Tax year
2023
Filed
28 October 2024
IRS schema version
2023v5.1
Source object
202443029349301844

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