Trudeau Institute Inc
- Assets
- $32.9m
- Revenue
- $8.4m
- Investments
- $1.0m
- Employees
- 87
- Location
- Saranac Lake, NY
- Founding
- 12/1931
- Data as of
- 12/2021
- EIN
- 14-1401413
Organization Overview
Trudeau Institute Inc is located in Saranac Lake, NY. The organization was established in 1931. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Trudeau Institute Inc employed 87 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trudeau 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 12/2021, Trudeau Institute Inc generated $8.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $10.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SCIENTISTS AT TRUDEAU INSTITUTE FOCUS EXCLUSIVELY ON AN IN-DEPTH UNDERSTANDING OF THE ROLES OF THE IMMUNE SYSTEM IN HEALTH AND DISEASE TO PROGRESS TOWARD FIGHTING DISEASES AND FINDING CURES. THE CONDUCT OF EXPERIMENTAL STUDIES IS CRUCIAL TO UNDERSTANDING THE BODY'S IMMUNE SYSTEM, LEADING TO PROGRESS IN STRENGTHENING OUR BODIES' ABILITY TO FIGHT LIFE-THREATENING INFECTIONS, INFLAMMATORY DISEASES, AND CANCER. DISCOVERIES ABOUT THE INTRICATE WORKINGS OF THE IMMUNE SYSTEM APPLY TO A VAST ARRAY OF HUMAN AFFLICTIONS, AND THE LIST OF DISEASES CRITICALLY INVOLVING THE IMMUNE SYSTEM IS EXTENSIVE: TUBERCULOSIS, INFLUENZA, COVID-19, ARTHRITIS, ASTHMA, SEPSIS, COLITIS, MULTIPLE SCLEROSIS, CANCER, ZIKA, AND MALARIA, AMONG MANY OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRUDEAU INSTITUTE IS A WORLD-RENOWNED LEADER IN THE EFFORT TO TREATING HUMAN DISEASES. OUR EXPERTISE AND ENTHUSIASM FOR MODELING INFECTION, IMMUNITY, VACCINATION, INFLAMMATION, AND SEPSIS HAVE LED TO MANY PIONEERING DISCOVERIES. MOUSE MODELS CURRENTLY STUDIED AT THE INSTITUTE INCLUDE INFLUENZA, PARAINFLUENZA, INFLUENZA-ASSOCIATED BACTERIAL PNEUMONIA, BACTERIAL SEPSIS, PNEUMONIC PLAGUE, TUBERCULOSIS, TOXOPLASMOSIS, ZIKA, CHRONIC HERPESVIRUS INFECTION AND COVID-19 (SARS COV-2). TRUDEAU INSTITUTE CONTINUED ITS RESEARCH IN THE AREAS OF IMMUNOLOGY AND INFECTIOUS DISEASE, SUPPORTED BY GRANTS FROM THE NATIONAL INSTITUTE OF HEALTH, NEW YORK STATE, DEPARTMENT OF DEFENSE AND THROUGH SUBCONTRACTS WITH VARIOUS UNIVERSITIES AND FOUNDATIONS. THE TRUDEAU RESEARCH STAFF PUBLISHED ELEVEN (11) ARTICLES IN NINE (9) LEADING SCIENTIFIC JOURNALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Atsuo Kuki PHD President And Director | OfficerTrustee | 38 | $418,206 |
William Chapin Cao And Secretary Treasurer | Officer | 38 | $170,717 |
William Reiley Principal Investigator | 38 | $162,622 | |
Paras Jain Principal Investigator | 38 | $119,708 | |
Felix Sheinerman Principal Investigator | 38 | $116,321 | |
In-Jeong Kim Principal Investigator | 38 | $114,514 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $576 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,497,524 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,103,670 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,601,770 |
| Total Program Service Revenue | $3,486,579 |
| Investment income | $394,724 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $393,948 |
| Net Rental Income | $50,109 |
| Net Gain/Loss on Asset Sales | $462,450 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,396,635 |
| 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. | $685,337 |
| Compensation of current officers, directors, key employees. | $685,337 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,567,321 |
| Pension plan accruals and contributions | $220,553 |
| Other employee benefits | $600,245 |
| Payroll taxes | $287,032 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,293 |
| Fees for services: Accounting | $44,634 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,000 |
| Fees for services: Other | $599,905 |
| Advertising and promotion | $0 |
| Office expenses | $1,744,000 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $875,236 |
| Travel | $30,613 |
| 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 | $1,282,182 |
| Insurance | $126,893 |
| All other expenses | $104,395 |
| Total functional expenses | $10,200,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $919,955 |
| Savings and temporary cash investments | $1,300 |
| Pledges and grants receivable | $1,393,136 |
| 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 | $111,994 |
| Prepaid expenses and deferred charges | $191,003 |
| Net Land, buildings, and equipment | $13,378,267 |
| Investments—publicly traded securities | $15,892,085 |
| Investments—other securities | $1,024,881 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $32,912,621 |
| Accounts payable and accrued expenses | $344,575 |
| Grants payable | $0 |
| Deferred revenue | $20,036 |
| Tax-exempt bond liabilities | $0 |
| 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 | $0 |
| Total liabilities | $364,611 |
| Net assets without donor restrictions | $25,503,505 |
| Net assets with donor restrictions | $7,044,505 |
| 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 | $32,912,621 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Trudeau Institute Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
The Patton Charitable Foundation Hobe Sound, FL PURPOSE: ANNUAL FUNDRESEARCHMEDICAL | $1,000 |
Mpmm Foundation Inc Stonington, CT PURPOSE: BIOMEDICAL RESEARCH | $1,000 |
Endowment Analysis
| Beg. Balance | $10,812,889 |
| Earnings | $372,000 |
| Other Expense | $140,384 |
| Ending Balance | $11,044,505 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Monell Chemical Senses Center Philadelphia, PA | $23,424,187 | $14,213,713 |
Trudeau Institute Inc Saranac Lake, NY | $32,912,621 | $8,396,635 |
Donald Guthrie Foundation Sayre, PA | $56,153,398 | $6,059,366 |
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 |
Association For Pathology Informatics Inc Pittsburgh, PA | $165,500 | $362,691 |
The New Jersey Institute For Medical Research And Education Inc Red Bank, NJ | $234,007 | $408,852 |
Homoeopathic Pharmacopoeia Convention Of The United States Southeastern, PA | $1,230,004 | $174,691 |
American Healthcare Radiology Administrators Education Fndtn Inc Marlborough, MA | $978,128 | $402,631 |
Vincera Foundation Philadelphia, PA | $91,710 | $56,705 |
Research Update Harrison, NJ | $172,395 | $334,394 |