Corrona Research Foundation
- Assets
- $198.7k
- Revenue
- $50.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Delray Beach, FL
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-2862735
Organization Overview
Corrona Research Foundation is located in Delray Beach, FL. The organization was established in 2014. 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. Corrona 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 12/2021, Corrona Research Foundation generated $50.0k 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 (20.0%) each year. All expenses for the organization totaled $177.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS FOUNDED TO CONNECT QUALIFIED ACADEMIC RESEARCHERS WITH THE DEEP CLINICAL DATA FOUND IN THE REGISTRY ON PATIENTS WITH RHEUMATOID ARTHRITIS (RA), PSORIATIC ARTHRITIS (PSA), AND ANKYLOSING SPONDYLITIS (SPA). THE ORGANIZATION PROVIDES BIOSTATISTICAL AND EPIDEMIOLOGICAL SUPPORT AND ADVICE WITH THE GOAL OF CREATING NEW AND INCISIVE CLINICAL RESEARCH OPPORTUNITIES UTILIZING OUR EXTENSIVE HISTORICAL AND CONTEMPORARY DATABASE.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $177,723 |
| Total operating and administrative expenses | $177,723 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $177,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,653 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $198,653 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Corrona Research Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $50,000 |
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 |