Form 990 for tax year 2022
Filed by LOWCOUNTRY CENTER FOR VETERANS RESEARCH.
Totals
- Total revenue
- $3,054,796
- Total expenses
- $2,997,042
- Contributions and grants received
- $1,000
- Grants paid
- $0
- Program service revenue
- $3,018,814
- Investment income
- $32,409
- Other revenue
- $2,573
- Total assets, end of year
- $2,877,495
- Total liabilities, end of year
- $1,407,892
- Net assets or fund balances, end of year
- $1,469,603
- Program services expenses (Part IX)
- $2,082,431
- Management and general expenses
- $914,611
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,082,431
Program services were 69.5% 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
$1,000
-
2a · Program service revenue: NONFEDERAL GRANTS/CONT REV
total $2,032,206 · related or exempt $2,032,206
-
2b · Program service revenue: FEDERAL GRANTS/CONT REV
total $757,984 · related or exempt $757,984
-
2c · Program service revenue: IPA REVENUE
total $228,624 · related or exempt $228,624
-
3 · Investment income
total $32,409 · related or exempt $32,409
-
7a · Gross sales of assets other than inventory
securities $300,000
-
7b · Less cost or other basis and sales expenses
securities $300,000
-
11a · Other revenue: MISC OTHER REVENUES
total $2,573 · related or exempt $2,573
-
11e · Other revenue, total
$2,573
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $144,144 · management and general $144,144
-
7 · Other salaries and wages
total $1,260,214 · program services $1,067,159 · management and general $193,055
-
8 · Pension plan contributions
total $36,325 · program services $27,024 · management and general $9,301
-
9 · Other employee benefits
total $207,333 · program services $178,243 · management and general $29,090
-
10 · Payroll taxes
total $107,977 · program services $83,471 · management and general $24,506
-
11b · Fees: legal
total $3,018 · program services $3,018
-
11c · Fees: accounting
total $21,350 · management and general $21,350
-
11g · Fees: other
total $197,209 · program services $183,156 · management and general $14,053
-
12 · Advertising and promotion
total $9,274 · program services $7,679 · management and general $1,595
-
13 · Office expenses
total $53,457 · program services $7,034 · management and general $46,423
-
14 · Information technology
total $62,287 · program services $1,078 · management and general $61,209
-
16 · Occupancy
total $279,471 · management and general $279,471
-
17 · Travel
total $25,421 · program services $7,855 · management and general $17,566
-
19 · Conferences, conventions and meetings
total $16,061 · program services $6,465 · management and general $9,596
-
22 · Depreciation, depletion and amortization
total $33,795 · program services $1,030 · management and general $32,765
-
23 · Insurance
total $7,238 · management and general $7,238
-
24a · Other expenses: MOU WAGES & BENEFITS
total $335,685 · program services $335,685
-
24b · Other expenses: STUDY PARTICIPANT COMP
total $75,997 · program services $75,997
-
24c · Other expenses: PHARMACY & RADIOLOGY FEES
total $44,791 · program services $44,791
-
24d · Other expenses: IRB FEE
total $37,580 · program services $37,580
-
24e · All other expenses
total $38,415 · program services $15,166 · management and general $23,249
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $703,923 · end of year $1,090,665
-
3 · Pledges and grants receivable
beginning of year $962,734 · end of year $1,095,118
-
9 · Prepaid expenses and deferred charges
beginning of year $60,619 · end of year $42,707
-
10a · Land, buildings and equipment: cost or other basis
$239,526
-
10b · Land, buildings and equipment: accumulated depreciation
$92,104
-
10c · Land, buildings and equipment, net
beginning of year $159,266 · end of year $147,422
-
11 · Investments: publicly traded securities
beginning of year $39,974 · end of year $50,998
-
15 · Other assets
beginning of year $15,000 · end of year $450,585
-
17 · Accounts payable and accrued expenses
beginning of year $402,646 · end of year $796,197
-
19 · Deferred revenue
beginning of year $101,486 · end of year $137,021
-
25 · Other liabilities
beginning of year $36,559 · end of year $474,674
-
27 · Net assets without donor restrictions
beginning of year $1,400,825 · end of year $1,469,603
Mission and programs · 2022
Mission
LOWCOUNTRY CENTER FOR VETERANS RESEARCH (LCVR) MISSION IS TO ADVANCE DISCOVERY AND INNOVATION THROUGH RESEARCH INITIATIVES DEDICATED TO IMPROVING THE OVERALL HEALTH AND WELL-BEING OF VETERANS LIVING IN THE LOWCOUNTRY.
Activities or mission (Part I)
LOWCOUNTRY CENTER FOR VETERANS RESEARCH (LCVR) SUPPORTS THE RESEARCH- RELATED ACTIVITIES OF THE VA (PRINCIPALLY THE RALPH H JOHNSON VA HEALTH CARE SYSTEM) WHILE ENHANCING ITS REVENUE AND SUSTAINABILITY.
-
HIGHLY DIVERSE PROGRAM DEDICATED TO FINDING NEW, BETTER, AND MORE COST- EFFECTIVE METHODS OF PROVIDING HEALTH CARE TO OUR NATION'S VETERANS. THIS PROGRAM HOSTS INVESTIGATIONS IN MEDICAL RESEARCH, HEALTH SERVICES RESEARCH, AND RESEARCH CLINICAL TRIALS. OUR RESEARCHERS ARE NATIONALLY, AND INTERNATIONALLY RECOGNIZED PHYSICIANS AND SCIENTISTS DEVOTED TO DEVELOPING A BETTER UNDERSTANDING OF THE CAUSES OF DISEASE AND HOW DISEASE CAN BE TREATED.
Expenses $2,079,460 · Revenue $3,018,814
-
Expenses $2,971
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Paul WomblePAUL WOMBLE
DIRECTOR
- Total calculated
- $416,755
- From this org
- $0
- From related orgs
- $320,581
- Other
- $96,174
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $320,581 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $96,174 related
- Filer's total
- not reported + $416,755 related
-
Christopher D Blasy DoCHRISTOPHER D BLASY DO
DIRECTOR
- Total calculated
- $412,467
- From this org
- $0
- From related orgs
- $317,282
- Other
- $95,185
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $317,282 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $95,185 related
- Filer's total
- not reported + $412,467 related
-
Nichole T Tanner MD MscNICHOLE T TANNER MD MSC
DIRECTOR
- Total calculated
- $380,621
- From this org
- $0
- From related orgs
- $292,785
- Other
- $87,836
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $292,785 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $87,836 related
- Filer's total
- not reported + $380,621 related
-
Scott R Isaacks MBA FacheSCOTT R ISAACKS MBA FACHE
DIRECTOR
- Total calculated
- $278,051
- From this org
- $0
- From related orgs
- $213,885
- Other
- $64,166
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $213,885 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $64,166 related
- Filer's total
- not reported + $278,051 related
-
Amanda C Larue PhDAMANDA C LARUE PHD
CHAIRPERSON
- Total calculated
- $193,270
- From this org
- $0
- From related orgs
- $148,669
- Other
- $44,601
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $148,669 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $44,601 related
- Filer's total
- not reported + $193,270 related
-
Jeffrey A Jones PhDJEFFREY A JONES PHD
DIRECTOR
- Total calculated
- $164,307
- From this org
- $0
- From related orgs
- $126,390
- Other
- $37,917
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $126,390 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $37,917 related
- Filer's total
- not reported + $164,307 related
-
Brittany BaberBRITTANY BABER
EXECUTIVE DI
- Total calculated
- $133,788
- From this org
- $120,000
- From related orgs
- $0
- Other
- $13,788
- Hours/week
- 40
-
Heather Aydlette CPAHEATHER AYDLETTE CPA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Peter LamottePETER LAMOTTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
The filer's explanations (Part III)
- SCHEDULE J, PART III
- BASED ON THE ESTIMATED FRINGE BENEFIT RATE THE VA OFTEN USES FOR BUDGETARY PURPOSES, LCVR ESTIMATED FRINGE BENEFITS FOR LISTED INDIVIDUALS TO BE 30% OF COMPENSATION AND HAS CALCULATED THEM ACCORDINGLY. THE ESTIMATED FRINGE IS INCLUDED UNDER (D) NONTAXABLE BENEFITS.
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
- 2022
- Filed
- 14 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202432289349301208
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