Blood Research Institute Inc
- Assets
- $6.4m
- Revenue
- $553.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 03/1992
- Data as of
- 09/2021
- EIN
- 04-3136318
Organization Overview
Blood Research Institute Inc is located in Boston, MA. The organization was established in 1992. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blood Research Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Blood Research Institute Inc generated $553.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.8%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OWNING & LEASING REAL ESTATE IN CONNECTION WITH & FOR THE BENEFIT OF CHILDREN'S HOSPITAL CORP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OWNING AND LEASING REAL ESTATE AND OTHER PROPERTY IN CONNECTION WITH AND FOR THE BENEFIT OF THE CHILDREN'S HOSPITAL CORPORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Churchwell MD President & Trustee (from 3/31/21) | OfficerTrustee | 0 | $0 |
Sandra Fenwick President & Trustee (through 3/31/21) | OfficerTrustee | 0 | $0 |
Michele Garvin ESQ Secretary & Trustee | OfficerTrustee | 0 | $0 |
Doug Vanderslice Treasurer & Trustee | OfficerTrustee | 0 | $0 |
Douglas Berthiaume Chairman | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $553,085 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $553,085 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,896,545 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,540,609 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,437,154 |
| Accounts payable and accrued expenses | $220,267 |
| Grants payable | $0 |
| Deferred revenue | $48,417 |
| Tax-exempt bond liabilities | $1,388,912 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,793,007 |
| Total liabilities | $9,450,603 |
| Net assets without donor restrictions | -$3,013,449 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,437,154 |
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|---|---|---|
Lymphatic Education & Research Network Inc Le&rn New York, NY | $3,889,093 | $4,129,686 |
Serenagroup Research Foundation Cambridge, MA | $146,858 | $676,235 |
Sass Foundation For Medical Research Inc Roslyn, NY | $349,661 | $364,188 |
American Healthcare Radiology Administrators Education Fndtn Inc Marlborough, MA | $978,128 | $402,631 |
Richard And Patricia Jay Charitable Foundation Westport, CT | $132,424 | $298,349 |
Biostasis Technologies Inc Brooklyn, NY | $216,774 | $169,164 |
Worcester Environmental Education Research Effort Inc West Boylston, MA | $1,258 | $0 |
Catherine Foundation For Reproductive Medicine Ltd New York, NY | $83,230 | $116,267 |
Institute For Therapeutic Discovery Inc Delanson, NY | $451 | $143,192 |
The Feldenkrais Foundation Inc New York, NY | $98,402 | $0 |
Lynch Syndrome International Madison, CT | $32,300 | $0 |
Cooleys Anemia International Inc Bronxville, NY | $920,076 | $73,987 |