Va Connecticut Research And Education Foundation Inc
- Assets
- $5.9m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 10
- Location
- West Haven, CT
- Founding
- 09/2005
- Data as of
- 09/2022
- EIN
- 20-2206467
Organization Overview
Va Connecticut Research And Education Foundation Inc is located in West Haven, CT. The organization was established in 2005. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 09/2022, VA Connecticut Research And Education Foundation Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. VA Connecticut Research And Education Foundation 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 09/2022, VA Connecticut Research And Education Foundation Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $1.9m during the year ending 09/2022. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FACILITATE THE RESEARCH AND EDUCATIONAL PROGRAMS IN CONJUNCTION WITH THEVA CONNECTICUT HEALTHCARE SYSTEM (VACHS) WHICH IS A FEDERAL HOSPITAL AND OPERATESAS A DIVISION OF THE VA NEW ENGLAND HEALTHCARE SYSTEM WITHIN THE VETERANS HEALTH ADMINISTRATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COPES - THE COOPERATIVE PAIN EDUCATION AND SELF-MANAGEMENT PROJECT PROVIDES TRAINING, TREATMENT, AND PAIN INTERVENTION FOR VETERANS DEALING WITH RECURRENT AND PERSISTENT PAIN.
VARICELLA VACINE STUDY - TRIAL OF VARICELLA VACCINE (403) - LONG-TERM TRIAL OF VARICELLA ZOSTER VACCINE AMONG THE VETERAN POPULATION.
EASED - THE BUILDING AND EQUITABLE AND ACCESSIBLE SYSTEM OF EATING DISORDER PROVIDES TRAINING AND GUIDANCE TO UNDERREPRESENTED AMERICANS AS WELL AS VETERANS WITH EATING DISORDERS.
OTHER RESEARCH PROJECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Rauschenberg Executive Director | Officer | 40 | $133,349 |
Huned Patwa Statutory Director, Treas. | OfficerTrustee | 1 | $0 |
Mehmet Sofuoglu Statutory Director, Vice President | OfficerTrustee | 1 | $0 |
Fred S Wright Statutory Director, Pres. | OfficerTrustee | 4 | $0 |
Michael J Rossi Outside Director, Sec | OfficerTrustee | 1 | $0 |
Seonaid Hay Statutory Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Yale University School Of Medicine Salaries | 9/29/22 | $701,112 |
North Florida Foundation For Research An Salaries | 9/29/22 | $103,162 |
Va Medical Center West Haven Salaries | 9/29/22 | $427,055 |
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 | $1,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,100 |
| Total Program Service Revenue | $1,437,509 |
| Investment income | $25,697 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,464,306 |
| 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. | $361,735 |
| Compensation of current officers, directors, key employees. | $361,735 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,209 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,002 |
| Payroll taxes | $25,431 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,295 |
| 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 | $31,530 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $48,456 |
| 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 | $502 |
| Insurance | $0 |
| All other expenses | $610 |
| Total functional expenses | $1,928,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,304 |
| Savings and temporary cash investments | $5,448,179 |
| Pledges and grants receivable | $316,222 |
| 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 | $45,864 |
| Net Land, buildings, and equipment | $1,422 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,911,991 |
| Accounts payable and accrued expenses | $270,590 |
| Grants payable | $0 |
| Deferred revenue | $1,195,374 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $159,523 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,625,487 |
| Net assets without donor restrictions | $3,868,581 |
| Net assets with donor restrictions | $417,923 |
| 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 | $5,911,991 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Va Connecticut Research And Education Foundation Inc has recieved totaling $91,605.
| Awarding Organization | Amount |
|---|---|
Institute For Clinical Research Inc Washington, DC PURPOSE: CLINICAL RESEARCH AND STUDY. | $91,600 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tri-Institutional Therapeutics Discovery Institute Inc New York, NY | $5,819,394 | $16,905,997 |
Community Partners In Action Inc Hartford, CT | $16,042,672 | $16,238,720 |
Zachary And Elizabeth M Fisher Center For Alzheimers Research Fdn New York, NY | $40,802,431 | $10,021,313 |
American Thrombosis And Hemostasisnetwork Inc Rochester, NY | $10,168,996 | $13,364,540 |
Football Research Inc New York, NY | $4,325,864 | $9,164,438 |
Institute For Protein Innovation Inc Boston, MA | $219,080,402 | $200,786,087 |
Center For Information And Study On Clinical Research Participation Boston, MA | $5,283,770 | $9,262,941 |
Bronx Veterans Medical Research Foundation Inc Bronx, NY | $9,078,068 | $8,272,955 |
Citizens Committee For Children Of New York New York, NY | $3,634,711 | $3,821,090 |
Clinical Directors Network Inc New York, NY | $2,473,338 | $3,992,902 |
Paleontological Research Institution Ithaca, NY | $8,655,150 | $4,472,998 |
Vivli Inc Cambridge, MA | $8,179,983 | $6,030,172 |