Research And Education Foundation Of Atlanta Medical Center
- Assets
- $1.1m
- Revenue
- $136.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Hampstead, NC
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 26-3693257
Organization Overview
Research And Education Foundation Of Atlanta Medical Center is located in Hampstead, NC. The organization was established in 2009. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Research And Education Foundation Of Atlanta Medical Center 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, Research And Education Foundation Of Atlanta Medical Center generated $136.2k 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 (12.1%) each year. All expenses for the organization totaled $61.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 7 years. 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
THE FOUNDATION WILL WORK TO ENHANCE PROGRAMS THAT PROMOTE, ENCOURAGE AND ASSIST IN THE IMPROVEMENT OF MEDICAL EDUCATION, COMMUNITY EDUCATION, MEDICAL RESEARCH AND EXPAND QUALITY HEALTH CARE AT ATLANTA MEDICAL CENTER AND IN THE SURROUNDING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONTINUED TO FUND MEDICAL AND PHARMACY RESIDENTS TO ATTEND EDUCATIONAL PROGRAMS AND SEMINARS RELATED TO CLINICAL RESEARCH AND TO PRESENT THEIR OWN RESEARCH PAPERS AND POSTERS; SECURED EDITING, ILLUSTRATING, AND STATISTICAL ANALYTIC SERVICES FOR RESIDENT PUBLICATION SUBMISSIONS OF THEIR OWN ORIGINAL RESEARCH AND THAT UNDERTAKEN BY THEM IN PARTNERSHIP WITH SENIOR CLINICIANS; CONDUCTED HANDS-ON WORKSHOP TRAINING WITH HUMAN SPECIMENS FOR ORTHOPEDIC EDUCATION; FUNDED IN-HOUSE EDUCATIONAL PROGRAMS DESIGNED TO BOTH ENHANCE CLINICAL SKILLS AND TO EXAMINE ETHICAL AND BEHAVIORAL ASPECTS OF PHYSICIAN TRAINING; PROVIDED STATE-OF-THE-ART DIAGNOSTIC EQUIPMENT FOR USE CONDUCTING CLINICAL TRIALS; AND MAINTAINED SUBSCRIPTIONS FOR RESEARCH RELATED PUBLICATIONS AND MEMBERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miriam Parker MD Chairman | Officer | 3 | $0 |
Howard K Mcmahon MD Director | Trustee | 2 | $0 |
Carole M Ehleben Edd Administrative | Trustee | 5 | $0 |
Annesha White Lovett PHD Director | Trustee | 2 | $0 |
Steven M Kane MD Director | Trustee | 2 | $0 |
Brian Pearlman MD Director | Trustee | 2 | $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 | $55,223 |
| Investment income | $80,964 |
| 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 | $136,187 |
| 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 | $2,992 |
| 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 | $4,418 |
| 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 | $714 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $61,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $305,013 |
| Savings and temporary cash investments | $769,882 |
| 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 | $1,859 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2 |
| Total assets | $1,076,756 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,076,756 |
| 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 | $1,076,756 |
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Laborers District Council Of Alabama Health & Welfare Fund Goodlettsville, TN | $9,710,185 | $4,412,536 |
Surgical Review Corporation Raleigh, NC | $203,161 | $3,487,656 |
Center For Medical Interoperability Inc Nashville, TN | $5,104,161 | $3,357,458 |
Civitas Networks For Health Sanford, NC | $2,288,338 | $1,647,214 |
Thought Leadership & Innovation Foundation Mclean, VA | $272,882 | $1,747,360 |
Virginia Center For Health Innovation Midlothian, VA | $1,430,829 | $1,055,072 |
Global Genomic Medicine Collaborative Durham, NC | $1,365,095 | $1,687,021 |
Hda Research Foundation Arlington, VA | $904,274 | $848,541 |
Innovative Solutions For Disadvantage And Disability Inc Decatur, GA | $305,185 | $657,273 |