Form 990 for tax year 2024
Filed by RICHMOND INSTITUTE FOR VETERANS RESEARCH.
Totals
- Total revenue
- $5,390,119
- Total expenses
- $5,179,414
- Contributions and grants received
- $4,619,784
- Grants paid
- $0
- Program service revenue
- $52,628
- Investment income
- $702,907
- Other revenue
- $14,800
- Total assets, end of year
- $16,007,373
- Total liabilities, end of year
- $297,114
- Net assets or fund balances, end of year
- $15,710,259
- Program services expenses (Part IX)
- $4,221,555
- Management and general expenses
- $957,859
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,221,555
Program services were 81.5% 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.
-
1e · Government grants (contributions)
$523,385
-
1f · All other contributions, gifts and grants
$4,096,399
-
2a · Program service revenue: IRB REVIEW FEES
total $52,628 · related or exempt $52,628
-
3 · Investment income
total $702,907 · excluded $702,907
-
11a · Other revenue: STORAGE FEES
total $14,800 · related or exempt $14,800
-
11e · Other revenue, total
$14,800
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $221,450 · program services $110,725 · management and general $110,725
-
7 · Other salaries and wages
total $2,390,916 · program services $1,894,328 · management and general $496,588
-
9 · Other employee benefits
total $51,588 · management and general $51,588
-
10 · Payroll taxes
total $228,194 · program services $175,144 · management and general $53,050
-
11c · Fees: accounting
total $75,785 · program services $21,570 · management and general $54,215
-
17 · Travel
total $152,548 · program services $145,486 · management and general $7,062
-
19 · Conferences, conventions and meetings
total $24,305 · program services $21,378 · management and general $2,927
-
22 · Depreciation, depletion and amortization
total $70,843 · program services $70,843
-
23 · Insurance
total $16,215 · management and general $16,215
-
24a · Other expenses: VENDOR SERVICES
total $1,192,327 · program services $1,120,041 · management and general $72,286
-
24b · Other expenses: SUPPLIES
total $324,742 · program services $316,334 · management and general $8,408
-
24c · Other expenses: RESEARCH SUBJECTS
total $109,411 · program services $109,411
-
24d · Other expenses: MISCELLANEOUS
total $96,874 · program services $77,544 · management and general $19,330
-
24e · All other expenses
total $224,216 · program services $158,751 · management and general $65,465
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $15,244,230 · end of year $12,633,915
-
4 · Accounts receivable
beginning of year $285,782 · end of year $214,355
-
9 · Prepaid expenses and deferred charges
beginning of year $5,548 · end of year $5,334
-
10a · Land, buildings and equipment: cost or other basis
$536,018
-
10b · Land, buildings and equipment: accumulated depreciation
$378,231
-
10c · Land, buildings and equipment, net
beginning of year $155,132 · end of year $157,787
-
12 · Investments: other securities
end of year $2,941,404
-
15 · Other assets
beginning of year $99,214 · end of year $54,578
-
17 · Accounts payable and accrued expenses
beginning of year $139,223 · end of year $242,536
-
25 · Other liabilities
beginning of year $99,214 · end of year $54,578
-
27 · Net assets without donor restrictions
beginning of year $3,904,355 · end of year $6,447,115
-
28 · Net assets with donor restrictions
beginning of year $11,647,114 · end of year $9,263,144
Mission and programs · 2024
Mission
MEDICAL RESEARCH, EDUCATION AND PATIENT CARE.
-
RICHMOND INSTITUTE FOR VETERANS RESEARCH (RIVR) IS A 501(C)(3)/509(A)(3)ORGANIZATION FORMED TO SUPPORT RESEARCH, EDUCATION, AND PATIENT CARE IN THE RICHMOND VA MEDICAL CENTER. RIVR SUPPORTS OVER 100 VA APPROVED RESEARCH PROJECTS. INVESTIGATORS FOCUS THEIR EFFORTS ON CARRYING OUT STUDIES TO DEVELOP AND VERIFY KNOWLEDGE RELATING TO THE CAUSES, DIAGNOSES, TREATMENT, AND PREVENTION OF DISEASE. INVESTIGATORS PUBLISH SCIENTIFIC ARTICLES AND PRESENT THEM AT SCIENTIFIC MEETINGS.
Expenses $3,961,869
-
INSTITUTIONAL REVIEW BOARD IS AN INDEPENDENT BOARD THAT REVIEWS PROPOSOSED STUDIES TO ENSURE THAT THERE ARE ADEQUATE SAFEGUARDS FOR HUMAN SUBJECT PROTECTION.
Expenses $259,686 · Revenue $52,628
As filed on the 2024 return.
Listed in Part VII
-
J Ronald JohnsonJ RONALD JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Lenore N Joseph MDLENORE N JOSEPH MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Anthony J Minisi MDANTHONY J MINISI MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Mary FarrellMARY FARRELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Michael Godschalk MDMICHAEL GODSCHALK MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Michael Pandak MDMICHAEL PANDAK MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Denise LesterDENISE LESTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Julie Beales MDJULIE BEALES MD
DIRECTOR - ENDED 08/15/2024)
- Total calculated
- $0
- Hours/week
- 3
-
Thomas MurphyTHOMAS MURPHY
DIRECTOR - INTERIM CHIEF OF STAFF (STARTED 11/21/2
- Total calculated
- $0
- Hours/week
- 3
-
Jose HuizarJOSE HUIZAR
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 3
-
Sheryl UnderwoodSHERYL UNDERWOOD
EXEC DIRECTOR
- Total calculated
- $122,300
- From this org
- $122,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Mikela JulyMIKELA JULY
FINANCIAL OFFICER
- Total calculated
- $99,690
- From this org
- $99,690
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Franklin ZieveFRANKLIN ZIEVE
PRINCIPAL INVESTIGATOR
- Total calculated
- $145,375
- From this org
- $145,375
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
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
- 2024
- Filed
- 29 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202531499349300348
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