Skip to content
Nonprofiteer
← CLINICAL BIOTECHNOLOGY RESEARCH INSTITUTE AT RSFH

Form 990 for tax year 2022

Filed by CLINICAL BIOTECHNOLOGY RESEARCH INSTITUTE AT RSFH.

Totals

Total revenue
$256,423
Total expenses
$746,169
Contributions and grants received
$80,585
Grants paid
$0
Program service revenue
$175,838
Investment income
$0
Other revenue
$0
Total assets, end of year
$34,078
Total liabilities, end of year
$2,572,485
Net assets or fund balances, end of year
-$2,538,407
Program services expenses (Part IX)
$599,742
Management and general expenses
$146,427
Fundraising expenses
$0
Program service expenses (Part III)
$599,742

Program services were 80.4% 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

    $80,585

  • 2a · Program service revenue: Clinical Research

    total $175,838 · related or exempt $175,838

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $444,957 · program services $355,966 · management and general $88,991

  • 8 · Pension plan contributions

    total $9,379 · program services $7,503 · management and general $1,876

  • 9 · Other employee benefits

    total $67,191 · program services $53,753 · management and general $13,438

  • 10 · Payroll taxes

    total $33,299 · program services $26,639 · management and general $6,660

  • 11b · Fees: legal

    total $2,746 · management and general $2,746

  • 11g · Fees: other

    total $89,880 · program services $71,904 · management and general $17,976 · fundraising $0

  • 13 · Office expenses

    total $4,293 · program services $3,434 · management and general $859

  • 16 · Occupancy

    total $63,876 · program services $51,101 · management and general $12,775

  • 22 · Depreciation, depletion and amortization

    total $16,963 · program services $16,963

  • 23 · Insurance

    total $3,660 · program services $2,928 · management and general $732

  • 24a · Other expenses: IRB Fees

    total $8,050 · program services $8,050

  • 24b · Other expenses: Medical Supplies

    total $4 · program services $4

  • 24c · Other expenses: Education

    total $435 · program services $348 · management and general $87

  • 24d · Other expenses: Sales and Use Tax

    total $16 · program services $13 · management and general $3

  • 24e · All other expenses

    total $1,420 · program services $1,136 · management and general $284 · fundraising $0

Balance sheet

Part X, book values.

  • 4 · Accounts receivable

    beginning of year $206,688

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

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

    $85,687

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

    $50,897

  • 10c · Land, buildings and equipment, net

    beginning of year $51,688 · end of year $34,790

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year -$712 · end of year -$712

  • 17 · Accounts payable and accrued expenses

    end of year $73,862

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,245,762 · end of year $2,498,623

  • 27 · Net assets without donor restrictions

    beginning of year -$1,988,098 · end of year -$2,538,407

Mission and programs · 2022

Mission

Healing all people with compassion, faith, and excellence.

Activities or mission (Part I)

Provide patients access to clinical research trials and cutting-edge technology.

  • The CBRI is comprised of the Clinical Research Program and the Innovation Center. The robust research program allows patients access to the newest treatments and clinical trials available for varied conditions. It also creates an atmosphere of innovation, where we are building partnerships for the development of new therapies and establishing an intellectual research hub in the Lowcountry. The Innovation Center was created to turn biotechnology ideas into products/businesses by recruiting ideas from physicians and researchers all over the world. Ideas that are submitted will be evaluated by the Innovation Center team to determine feasibility and market potential. If the idea is selected, the team will put together a development plan.

    Expenses $599,742 · Revenue $175,838

As filed on the 2022 return.

Listed in Part VII

  • Brian Cuddy MD

    Chair, Neurosurgeon - RSFPP

    Total calculated
    $1,091,387
    From this org
    $0
    From related orgs
    $1,007,785
    Other
    $83,602
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $989,231 related
    Bonus
    $0
    Other
    $0 + $18,554 related
    Deferred
    $0 + $35,438 related
    Nontaxable benefits
    $0 + $48,164 related
    Filer's total
    $0 + $1,091,387 related

  • Wael Haidar MD

    Vice Chair, BSMH Chief Clinical Officer

    Total calculated
    $2,562,363
    From this org
    $0
    From related orgs
    $1,948,860
    Other
    $613,503
    Hours/week
    0.5 + 54.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $798,764 related
    Bonus
    $0 + $368,640 related
    Other
    $0 + $781,456 related
    Deferred
    $0 + $589,664 related
    Nontaxable benefits
    $0 + $23,839 related
    Filer's total
    $0 + $2,562,363 related

  • Brian Yanofchick

    Board Member; Chief Spons. Officer Prov Grp - BSMH

    Total calculated
    $497,944
    From this org
    $0
    From related orgs
    $480,901
    Other
    $17,043
    Hours/week
    0.5 + 54.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $308,002 related
    Bonus
    $0 + $50,150 related
    Other
    $0 + $122,749 related
    Deferred
    $0 + $4,550 related
    Nontaxable benefits
    $0 + $12,493 related
    Filer's total
    $0 + $497,944 related

  • Charles Ford Rivers III

    Board Member

    Total calculated
    $0
    Hours/week
    0.5 + 3.5 related

  • Edward McKelvey

    Board Member

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Henry West MD

    Board Member, Surgeon - RSFPP

    Total calculated
    $756,977
    From this org
    $0
    From related orgs
    $689,828
    Other
    $67,149
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $517,943 related
    Bonus
    $0 + $151,397 related
    Other
    $0 + $20,488 related
    Deferred
    $0 + $35,438 related
    Nontaxable benefits
    $0 + $31,711 related
    Filer's total
    $0 + $756,977 related

  • JOSEPH GAGE JR JD

    Board Member; BSMH Chief HR Officer

    Total calculated
    $1,756,467
    From this org
    $0
    From related orgs
    $1,415,966
    Other
    $340,501
    Hours/week
    0.5 + 54.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $579,548 related
    Bonus
    $0 + $267,480 related
    Other
    $0 + $568,938 related
    Deferred
    $0 + $305,465 related
    Nontaxable benefits
    $0 + $35,036 related
    Filer's total
    $0 + $1,756,467 related

  • Karen Wrighten

    Board Member

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Kay W Phillips PHD

    Board Member

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Roberta Pinckney

    Board Member

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Susan Datta MD

    Board Member, Internist - RSFPP

    Total calculated
    $445,729
    From this org
    $0
    From related orgs
    $378,012
    Other
    $67,717
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $340,967 related
    Bonus
    $0 + $34,305 related
    Other
    $0 + $2,740 related
    Deferred
    $0 + $31,365 related
    Nontaxable benefits
    $0 + $36,352 related
    Filer's total
    $0 + $445,729 related

  • Wills C Geils MD

    Board Member, Oncology Physician

    Total calculated
    $567,627
    From this org
    $0
    From related orgs
    $504,208
    Other
    $63,419
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $471,034 related
    Bonus
    $0 + $32,787 related
    Other
    $0 + $387 related
    Deferred
    $0 + $14,938 related
    Nontaxable benefits
    $0 + $48,481 related
    Filer's total
    $0 + $567,627 related

  • Adriana Day

    CFO/Treasurer RSFH

    Total calculated
    $751,160
    From this org
    $0
    From related orgs
    $582,719
    Other
    $168,441
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $484,665 related
    Bonus
    $0 + $116,946 related
    Other
    $0 + -$18,892 related
    Deferred
    $0 + $137,654 related
    Nontaxable benefits
    $0 + $30,787 related
    Filer's total
    $0 + $751,160 related

  • Jeffrey DiLisi MD

    President/CEO RSFH

    Total calculated
    $1,569,106
    From this org
    $0
    From related orgs
    $1,248,827
    Other
    $320,279
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $765,516 related
    Bonus
    $0 + $414,703 related
    Other
    $0 + $68,608 related
    Deferred
    $0 + $269,854 related
    Nontaxable benefits
    $0 + $50,425 related
    Filer's total
    $0 + $1,569,106 related

  • Christopher Glenn

    Former Interim CFO/Treasurer

    Total calculated
    $357,101
    From this org
    $0
    From related orgs
    $303,072
    Other
    $54,029
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $239,000 related
    Bonus
    $0 + $47,699 related
    Other
    $0 + $16,373 related
    Deferred
    $0 + $11,216 related
    Nontaxable benefits
    $0 + $42,813 related
    Filer's total
    $0 + $357,101 related

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 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
The Roper St. Francis Healthcare 457(f) Plan's purpose is to offer eligible employees of the employer deferred compensation benefits to supplement Eligible Employees' retirement income. The Plan is intended to be a top-hat plan (i.e. an unfunded deferred compensation plan maintained for certain members of a select group of management or highly compensated employees). INDIVIDUAL THAT PARTICIPATED OR RECEIVED A DISTRIBUTION INCLUDE: Jeffrey DiLisi, MD, $0; Adriana Day, $0.
Schedule J, Part I, Line 4b Terms and conditions of the Bon Secours Mercy Health System SERP
The Bon Secours Mercy Health System SERP is a non-qualified deferred compensation plan which provides supplemental retirement benefits to persons selected by the Board of Trustees or its delegate. The plan provides for annual credits of a specified percentage of an eligible participants base salary paid in a plan year and interest credits. Plan participants vest in plan credits after completing a three year class vesting schedule or earlier for death or total disability or reaching age 60 while employed, or due to involuntary separation of employment other than for cause. Payments during employment are made for required tax withholding and reduce the participants account balance. Distribution of the vested account balance in a lump sum occurs after termination of employment. Amounts includible as taxable compensation for listed individuals due to SERP participation in the reporting year were as follows: Brian Yanofchick, $34,000; Joseph Gage, Jr., JD, $185,542; and Wael Haidar, MD, $239,145.
Schedule J, Part I, Line 4b Terms and conditions of the Mercy Health SERP
The Mercy Health SERP plan is a deferred compensation plan which provides supplemental retirement benefits to persons selected by the Board of Trustees or its delegate. It provides annual credits of a specified percentage of compensation and annual interest credits. Participants vest 50%, 75%, and 100% in their accounts after 5, 6, and 7 years of service, respectively. Vesting occurs earlier for death or total disability or reaching age 60 while employed, or involuntary termination of employment within 24 months after a change in control of the organization or due to position elimination. Payments during employment are made for required tax withholding. Payment of the vested account balance in a lump sum occurs after termination of employment. Amounts includable as taxable compensation for listed individuals due to SERP participation in the reporting year were as follows: Joseph Gage, Jr. $0.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
1 November 2023
IRS schema version
2022v5.0
Source object
202313059349301751

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.