Cleveland Va Medical Research And Education Foundation
- Assets
- $5.8m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 60
- Location
- Cleveland, OH
- Founding
- 05/1995
- Data as of
- 12/2021
- EIN
- 34-1710663
Organization Overview
Cleveland Va Medical Research And Education Foundation is located in Cleveland, OH. The organization was established in 1995. 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 12/2021, Cleveland VA Medical Research And Education Foundation employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cleveland VA Medical Research And Education Foundation 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, Cleveland VA Medical Research And Education Foundation generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $4.5m during the year ending 12/2021. While expenses have increased by 19.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY TAX-EXEMPT PURPOSE OF THE CLEVELAND VA MEDICAL RESEARCH AND EDUCATION FOUNDATION, A 501(C)(3) MEDICAL RESEARCH FOUNDATION ESTABLISHED IN ACCORDANCE WITH TITLE 38, SUBCHAPTER IV-RESEARCH AND EDUCATION CORPORATIONS, SECTIONS 7361-7368, IS TO SUPPORT BIOMEDICAL RESEARCH AT THE LOUIS STOKES CLEVELAND VA MEDICAL CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
"BAROREFLEX AUGMENTATION THROUGH STIMULATION OF HERING'S NERVE DURING CERVICAL SURGERY" DEPARTMENT OF DEFENSE AND THE CLEVELAND VA MEDICAL RESEARCH AND EDUCATION FOUNDATION ADMINISTERED A RESEARCH STUDY THAT'S PRIMARY GOAL IS TO DEVELOP A NOVEL, LOW-COST, EASY TO USE, POINT OF CARE BIOSENSOR, TO EVALUATE RECURRENT PRESSURE INJURIES PROPENSITY IN NEAR REAL-TIME. PRESSURE INJURIES REMAIN ONE OF THE MOST SIGNIFICANT AND FREQUENT SECONDARY COMPLICATION FOR FAR TOO MANY ACTIVE-DUTY MILITARY AND VETERANS WITH SPINAL CORD INJURIES. THE DEVICE WILL ULTIMATELY BE USED FOR PERSONALIZED HEALTH MANAGEMENT, ENHANCING QUALITY OF LIFE, REDUCING HOSPITALIZATIONS, AND LOWERING HEALTHCARE COSTS.
"OUTPATIENT CLOSTRIDIODES DIFFICLE AND RESISTANCE BACTERIA FROM ANTIBIOTIC PRESCRIBING (OCRAP)" MERCK AND CLEVELAND VA MEDICAL RESEARCH AND EDUCATION FOUNDATION ADMINISTERED A RESEARCH STUDY THAT USES BEHAVIORAL AND IMPLEMENTATION SCIENCE TO IMPROVE ANTIMICROBIAL STEWARDSHIP IN VA OUTPATIENT CLINICS. THIS WAS DONE BY GIVING PROVIDERS COMPARATIVE FEEDBACK ABOUT THEIR ANTIBIOTIC PRESCRIPTIONS AND BY INFORMING PROVIDERS OF COMMUNITY-ASSOCIATED INFECTIONS AS UNINTENDED CONSEQUENCES EXPERIENCED BY VETERANS TO WHOM THEY PRESCRIBED ANTIBIOTICS. ABOUT 12% OF OUTPATIENT HEALTHCARE VISITS RESULT IN ANTIBIOTIC PRESCRIPTIONS, WITH 30% OF THOSE PRESCRIPTIONS BEING DEEMED INAPPROPRIATE. TWO SINGLE-CENTER PREVIOUS RETROSPECTIVE STUDIES AT THE VA FOUND THAT THE RATE OF INAPPROPRIATE ANTIBIOTIC PRESCRIPTIONS SIGNIFICANTLY HIGHER AT 60-76%.
"TRANSITIONAL CARE MODEL" UNIVERSITY OF PENNSYLVANIA AND CLEVELAND VA MEDICAL RESEARCH AND EDUCATION OHIO ADMINISTERED A RESEARCH STUDY THAT LOOKS TO TEST THE REPLICATION OF THE TRANSITIONAL CARE MODEL (TCM) TREATMENT PLAN. THIS MODEL IS AN ADVANCED PRACTICE REGISTERED NURSE (APRN) LED, TEAM-BASED, CARE MANAGEMENT STRATEGY DESIGNED TO IMPROVE THE CARE AND OUTCOMES OF HIGH-RISK OLDER ADULTS TRANSITIONING FROM HOSPITAL TO HOME. CLEVELAND IS ONE OF FOUR HOSPITAL SYSTEMS THAT ARE TESTING THIS MODEL WITH THE LOCAL GOAL OF ENROLLING OVER 200 SUBJECTS. IN PREVIOUS STUDIES TCM HAS DEMONSTRATED REHOSPITALIZATION REDUCTIONS OF 30-50% WITHIN 5 TO 12 MONTHS OF RECEIVING THIS INTERVENTION.
OTHER RESEARCH AND SERVICE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Moore PHD Executive Di | Officer | 40 | $126,916 |
Brigid Wilson MD Hce | 40 | $112,532 | |
Jill K Dietrich JD MBA Fache President | OfficerTrustee | 1 | $0 |
George Jaskiw MD Secretary | OfficerTrustee | 1 | $0 |
Neal Peachy PHD Vice Preside | OfficerTrustee | 1 | $0 |
Yngve Falck-Ytter MD Treasurer | OfficerTrustee | 1 | $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 | $23,164 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,164 |
| Total Program Service Revenue | $4,124,537 |
| Investment income | $6,036 |
| 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 | $4,153,737 |
| 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. | $126,916 |
| Compensation of current officers, directors, key employees. | $126,916 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,895,144 |
| Pension plan accruals and contributions | $49,329 |
| Other employee benefits | $302,745 |
| Payroll taxes | $170,098 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,277 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,477,140 |
| Advertising and promotion | $0 |
| Office expenses | $33,786 |
| Information technology | $28,239 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,792 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,132 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,867 |
| All other expenses | $0 |
| Total functional expenses | $4,489,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,299,557 |
| Savings and temporary cash investments | $200,296 |
| Pledges and grants receivable | $2,240,642 |
| 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 | $22,855 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,763,350 |
| Accounts payable and accrued expenses | $777,673 |
| Grants payable | $0 |
| Deferred revenue | $139,930 |
| 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 | $917,603 |
| Net assets without donor restrictions | $4,845,747 |
| 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 | $5,763,350 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cleveland Va Medical Research And Education Foundation has recieved totaling $89,590.
| Awarding Organization | Amount |
|---|---|
The Hope Foundation Ann Arbor, MI PURPOSE: VA INTEGRATION SUPPORT | $50,000 |
Mayo Clinic Group Return Rochester, MN PURPOSE: SUPPORT CHARITABLE PROGRAMS | $39,590 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arbor Research Collaborative For Health Ann Arbor, MI | $23,346,603 | $18,357,581 |
Lankenau Institute For Medical Research Wynnewood, PA | $8,021,343 | $9,109,367 |
Coalition Of Cancer Cooperative Groups Philadelphia, PA | $21,235,863 | $14,701,631 |
American Dairy Association Of Michigan Inc Okemos, MI | $3,921,233 | $8,317,997 |
National Disease Research Interchange Philadelphia, PA | $6,059,781 | $7,072,153 |
Center For Healthcare Research & Transformation Ann Arbor, MI | $2,198,670 | $6,645,435 |
Innovative Lifestyles Inc Clarkston, MI | $1,440,300 | $6,333,556 |
Cleveland Va Medical Research And Education Foundation Cleveland, OH | $5,763,350 | $4,153,737 |
Pennsylvania Economy League Inc Philadelphia, PA | $2,641,467 | $4,041,486 |
Society For Investigative Dermatology Inc Cleveland, OH | $10,062,839 | $2,813,359 |
Philadelphia Research & Education Foundation Philadelphia, PA | $2,618,166 | $1,954,451 |
Northern Indiana Education Foundation Inc Michigan City, IN | $18,815,733 | $2,249,251 |