Alzheimers And Aging Research Center
- Assets
- $0.0
- Revenue
- $53.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Port Saint Lucie, FL
- Founding
- 05/2001
- Data as of
- 03/2021
- EIN
- 33-0950810
Organization Overview
Alzheimers And Aging Research Center is located in Port Saint Lucie, FL. The organization was established in 2001. According to its NTEE Classification (H83) the organization is classified as: Alzheimers Disease 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. Alzheimers And Aging Research 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 03/2021, Alzheimers And Aging Research Center generated $53.5k 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 (23.4%) each year. All expenses for the organization totaled $94.6k during the year ending 03/2021. 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
ALZHEIMERS AND AGING RESEARCH CENTER (AARC) IS DEDICATED TO SUPPORT RESEARCH TOWARDS THE DISCOVERY AND DEVELOPMENT OF METHODS TO TREAT AND POSSIBLY CURE ALZHEIMERS AND AGING-RELATED DISEASES. AARC PROVIDES FUNDING FOR BIOMEDICAL RESEARCH AND SUPPORT FOR
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT THE HEART OF SCIENTIFIC RESEARCH IS THE INCREMENTAL DISCOVERY OF CAUSE AND EFFECT. EACH NEW FINDING PERPETUATES A DEEPER UNDERSTANDING TO BE APPLIED TO THE NEXT EXPERIMENT. IN MEDICINE, THIS LEADS TO THE DISCOVERY OF BETTER TREATMENTS, IMPROVED DIAGNOSTIC TECHNIQUES, AND EVEN CURES. AGING-RELATED ILLNESSES KNOW NO GEOGRAPHICAL BOUNDARIES, NOR DOES EACH EXPERIMENTAL DESIGN OR STRATEGY. IN THE FIELD OF PUBLIC BENEFIT, NON PROFIT MEDICAL RESEARCH, EACH EXPERIMENT, EACH ANALYSIS OF DATA, AND EACH PUBLICATION OR PRESENTATION OF THE RESEARCH, REGARDLESS OF THE LOCATION OF THE LABORATORY, BENEFITS EVERYONE WHO EXPERIENCES THE EFFECTS OF AGING-RELATED CONDITIONS. BECAUSE RESEARCH RESULTS ARE PUBLISHED AND DISSEMINATED THROUGHOUT THE SCIENTIFIC AND MEDICAL COMMUNITY, NEW EXPERIMENTS ARE DESIGNED AND CARRIED OUT BY MORE LABORATORIES, BUILDING ON PRIOR RESULTS. EACH TIME RESEARCH RESULTS ARE REPORTED AND SHARED, ALL OF THOSE AFFECTED BY THE ILLNESSES MOVE ONE STEP CLOSER TO NEW TREATMENTS OR CURES. GRANTS WERE MADE IN SUPPORT OF RESEARCH IN ALZHEIMER'S DISEASE, ARTHRITIS, RHEUMATOID HEART DISEASE, INFLUENZA AND LIVER DISEASE. IN ADDITION, AARC PREPARED A VARIETY OF NON-SCIENTIFIC ARTICLES ON AGING-RELATED CONDITIONS. THESE INFORMATION ARTICLES APPEAR ON OUR WEBSITE, AND OTHERS WERE USED AS MATERIALS FOR A NEWSLETTER DESCRIBING THE RESEARCH CENTER'S ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Houghten Secretary/trustee | OfficerTrustee | 1 | $12,691 |
Robert S Hodges Trustee | Trustee | 1 | $0 |
Andrea Resnick Trustee | Trustee | 1 | $0 |
Larry Pelton Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,534 |
| Investment income | $0 |
| 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 | $53,534 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $10,000 |
| Benefits paid to or for members | $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 | $1,129 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,733 |
| Advertising and promotion | $0 |
| Office expenses | $414 |
| 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 | $94,638 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Alzheimers And Aging Research Center has awarded $300,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Port St Lucie, FL PURPOSE: RESEARCH GRANTS | $220,000 |
Port St Lucie, FL PURPOSE: RESEARCH GRANTS | $80,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alzheimers And Aging Research Center has recieved totaling $23,650.
| Awarding Organization | Amount |
|---|---|
Health First Americas Charities Chantilly, VA PURPOSE: GENERAL SUPPORT | $23,650 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American College Of Endocrinology Inc Jacksonville, FL | $6,652,790 | $7,508,958 |
Cure Childhood Cancer Inc Atlanta, GA | $4,112,651 | $8,053,096 |
International Society On Thrombosis And Haemostasis Inc Carrboro, NC | $25,182,348 | $9,872,487 |
Roskamp Institute Inc Sarasota, FL | $9,416,640 | $7,403,056 |
Dolphins Cycling Challenge Inc Miami Gardens, FL | $2,087,830 | $8,010,731 |
Institute For Medical Research Inc Durham, NC | $6,550,784 | $5,925,427 |
Pediatric Brain Tumor Foundation Of The United States Inc Atlanta, GA | $6,277,731 | $5,999,996 |
Heineman-Robicsek Foundation Inc Charlotte, NC | $7,695,245 | $5,065,349 |
Ophthalmology Research Foundation Inc Miami, FL | $78,932,137 | $9,352,354 |
Neurodegenerative Disease Research Inc Reddick, FL | $563,346 | $4,274,249 |
Epilepsy Florida Inc Miami, FL | $1,706,005 | $4,644,061 |
American Peanut Shellers Assoc Inc Albany, GA | $1,751,167 | $3,704,531 |