Harvey W Peters Research Foundation
- Assets
- $130.7m
- Revenue
- $7.4m
- Investments
- $14.0m
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 05/2001
- Data as of
- 06/2022
- EIN
- 46-0459671
Organization Overview
Harvey W Peters Research Foundation is located in Sioux Falls, SD. The organization was established in 2001. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harvey W Peters Research 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 06/2022, Harvey W Peters Research Foundation generated $7.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $7.1m during the year ending 06/2022. While expenses have increased by 32.8% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David G Hottmann Director | 1 | $0 | |
Elizabeth R Cline Director | 1 | $0 | |
Frederick P Stratton Jr Director | 1 | $0 | |
William F Fox Director | 1 | $0 | |
Sue Ellen Rocovich PHD DO Director | 1 | $0 | |
Michael Holland Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brown Edwards & Company Llp | 6/29/22 | $104,464 |
Robert C Best Consulting Llc | 6/29/22 | $107,625 |
Kpmg Llp | 6/29/22 | $468,192 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $414,000 |
| Interest on Savings | $7,688 |
| Dividends & Interest | $108,222 |
| Net Rental Income | $592,092 |
| Net Gain on Sale of Assets | $436,609 |
| Capital Gain Net Income | $436,609 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $179,853 |
| Total Revenue | $7,428,166 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,371,291 |
| Taxes | $24,740 |
| Depreciation | $2,963,563 |
| Occupancy | $485,761 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $384,996 |
| Total operating and administrative expenses | $7,071,707 |
| Contributions, gifts, grants paid | $6,500 |
| Total expenses and disbursements | $7,078,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $3,998,394 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,250,201 |
| Net Land, buildings, and equipment | $99,715,103 |
| Other assets | $12,986,904 |
| Total assets | $130,706,719 |
| Accounts payable and accrued expenses | $620,375 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $49,538,278 |
| Other liabilities | $36,718,959 |
| Total liabilities | $86,877,612 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Harvey W Peters Research Foundation has recieved totaling $588,000.
| Awarding Organization | Amount |
|---|---|
Marion Bradley Via Memorial Foundation South Dakota Sioux Falls, SD PURPOSE: TO PROVIDE FINANCIAL SUPPORT | $196,000 |
Marion Bradley Via Memorial Foundation South Dakota Sioux Falls, SD PURPOSE: TO PROVIDE FINANCIAL SUPPORT | $196,000 |
Marion Bradley Via Memorial Foundation South Dakota Sioux Falls, SD PURPOSE: TO PROVIDE FINANCIAL SUPPORT | $196,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advanced Textiles Association Roseville, MN | $7,913,490 | $8,259,339 |
Center For Veterans Research And Education Minneapolis, MN | $6,193,088 | $7,313,382 |
Harvey W Peters Research Foundation Sioux Falls, SD | $130,706,719 | $7,428,166 |
Well Resource Center Pella, IA | $3,360,975 | $3,363,505 |
National Ataxia Foundation Inc Minneapolis, MN | $4,406,293 | $2,867,520 |
Saint Paul Vi Institute For The Study Of Human Reproduction Inc Omaha, NE | $6,177,216 | $2,457,723 |
Institute For Clinical Systems Improvement Bloomington, MN | $1,590,547 | $1,571,505 |
Ecdysis Foundation Estelline, SD | $588,138 | $1,280,111 |
Phillips Eye Institute Foundation Minneapolis, MN | $0 | $575,124 |
Glendalough Of Austin Inc Faribault, MN | $425,752 | $674,749 |
John Paul Ii Medical Research Institute Coralville, IA | $513,407 | $776,190 |
Iowa Heart Foundation West Des Moines, IA | $6,660,710 | $741,678 |