Biomedical Research Foundation
- Assets
- $0.0
- Revenue
- $7.6k
- Investments
- $134.2k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 06/1988
- Data as of
- 06/2021
- EIN
- 54-1429678
Organization Overview
Biomedical Research Foundation is located in Houston, TX. The organization was established in 1988. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering 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. Biomedical 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 06/2021, Biomedical Research Foundation generated $7.6k 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 (11.4%) each year. All expenses for the organization totaled $419.0 during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (45.5%) per year over the past 7 years. 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 |
|---|---|---|---|
Dr Jordan Gutterman President | 1.5 | $0 | |
Julian H Gutterman Sec/treas | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,903 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,631 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $419 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $119,788 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |