Vaccine And Gene Therapy Institute Of Florida Corp
- Assets
- $217.5k
- Revenue
- $19.0
- Investments
- $0.0
- Employees
- 0
- Location
- Port St Lucie, FL
- Founding
- 04/2009
- Data as of
- 06/2018
- EIN
- 36-4631835
Organization Overview
Vaccine And Gene Therapy Institute Of Florida Corp, operating under the name Vgti Fl, is located in Port St Lucie, FL. The organization was established in 2009. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines 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. Vgti FL 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 06/2018, Vgti FL generated $19.0 in total revenue. All expenses for the organization totaled $386.1k during the year ending 06/2018.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE VACCINE AND GENE THERAPY INSTITUTE OF FLORIDA (VGTI-FL) IS TO "TRANSLATE RESEARCH INTO HEALTH" BY PROVIDING A BETTER UNDERSTANDING OF THE HUMAN IMMUNE RESPONSE TO PATHOGENS AND CANCERS AND THE PROCESS OF AGING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ON FEBRUARY 2, 2016, THE CIRCUIT COURT OF THE NINETEENTH JUDICIAL CIRCUIT, IN AND FOR ST. LUCIE COUNTY, FLORIDA ENTERED THE ORDER APPOINTING MICHAEL E. IMBER AS RECEIVER FOR VACCINE AND GENE THERAPY INSTITUTE FLORIDA CORPORATION (VGTI). ON MARCH 31, 2017, VGTI (ACTING THROUGH THE RECEIVER), THE CITY OF PORT SAINT LUCIE, FLORIDA (THE "CITY"), AND UMB BANK, NATIONAL ASSOCIATION, AS INDENTURE TRUSTEE ENTERED INTO A TRANSFER AGREEMENT PURSUANT TO WHICH VGTI AGREED TO TRANSFER ITS ASSETS TO THE CITY SUBJECT TO CERTAIN TERMS AND CONDITIONS. THAT TRANSFER OCCURRED ON AUGUST 11, 2017.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Jove President, CEO & Director | OfficerTrustee | 50 | $397,653 |
Jill Hacket Executive Director Of Hr & Admin | OfficerTrustee | 45 | $154,666 |
Santosh Mishra Co-Director Cgc | 45 | $153,008 | |
Douglas Calder Executive Director Of Dev. & Comm | OfficerTrustee | 45 | $148,983 |
Stephanie Landreville Director Of Finance | OfficerTrustee | 50 | $127,337 |
John Hiscott Principal Investigator | 45 | $108,258 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alvarez & Marsal Management Services | 6/29/18 | $130,396 |
Bilzin Sumberg Llp Legal Services | 6/29/18 | $103,960 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $19 |
| 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 | $19 |
| Statement of Expenses | |
|---|---|
| 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 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 | $234,356 |
| Fees for services: Accounting | $5,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,427 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $133,698 |
| 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 | $386,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,466 |
| 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 | $217,466 |
| 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 | $217,466 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vaccine And Gene Therapy Institute Of Florida Corp has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
American Parkinson Disease Assoc Staten Island, NY PURPOSE: MEDICAL RESEARCH | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Orthopaedic Research And Education Inc Tampa, FL | $1,560,496 | $3,465,860 |
Tampa Va Research And Education Foundation Inc Temple Terrace, FL | $4,353,686 | $3,415,527 |
Bay Pines Foundation Inc Bay Pines, FL | $1,266,331 | $1,296,485 |
Pediatric Heart Transplant Society Foundation Birmingham, AL | $63,523 | $386,033 |
Vaccine And Gene Therapy Institute Of Florida Corp Port St Lucie, FL | $217,466 | $19 |
South Carolina Orthopaedic Association Temple Terrace, FL | $68,707 | $322,769 |
Stem Cell Cancer And Regenerative Medicine Research Inc Boynton Beach, FL | $656,469 | $240,841 |
Joseph M Still Research Foundation Inc Augusta, GA | $285,106 | $464,408 |
American Society For Metabolic And Bariatric Surgery Foundation Inc Newberry, FL | $1,171,870 | $349,808 |
Bashan Institute Of Science Inc Auburn, AL | $1,081,907 | $303,203 |
Corrona Research Foundation Delray Beach, FL | $198,653 | $50,000 |
Association Of Standardized Patient Educators Inc Altamonte Springs, FL | $352,946 | $213,286 |