Ncmic Foundation Inc
- Assets
- $15.5m
- Revenue
- $2.2m
- Investments
- $13.1m
- Employees
- 0
- Location
- Clive, IA
- Founding
- 11/2006
- Data as of
- 12/2021
- EIN
- 68-0570762
Organization Overview
Ncmic Foundation Inc is located in Clive, IA. The organization was established in 2006. According to its NTEE Classification (H19) the organization is classified as: Support 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. Ncmic Foundation Inc 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, Ncmic Foundation Inc generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $935.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ncmic Foundation Inc has awarded 47 individual grants totaling $1,409,108. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas G Scmidt Director | 0 | $0 | |
Stanley Bushner Director | 0 | $0 | |
Ronald A Segel Director | 0 | $0 | |
Gerald F Strubinger Director | 0 | $0 | |
Louis Sportelli Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,589,354 |
| Interest on Savings | $39 |
| Dividends & Interest | $487,967 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $162,128 |
| Capital Gain Net Income | $162,128 |
| Net ST Capital Gain | $3,522 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,239,488 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $21,000 |
| Interest | $0 |
| Taxes | $6,043 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $7,454 |
| Other expenses | $0 |
| Total operating and administrative expenses | $78,997 |
| Contributions, gifts, grants paid | $855,990 |
| Total expenses and disbursements | $934,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,019,410 |
| Savings and temporary cash investments | $147,321 |
| 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 | $13,075,793 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $288,409 |
| Total assets | $15,530,933 |
| 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 Awarded
Over the last fiscal year, Ncmic Foundation Inc has awarded $871,876 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: RESEARCH GRANT | $200,000 |
YALE UNIVERSITY PURPOSE: RESEARCH GRANT | $190,562 |
BRIGHAM WOMEN'S HOSPITAL PURPOSE: RESEARCH GRANT | $93,735 |
MAYO CLINIC RESEARCH PURPOSE: RESEARCH GRANT | $90,000 |
HAAVIK RESEARCH LIMITED PURPOSE: RESEARCH GRANT | $40,000 |
Milwaukee, WI PURPOSE: RESEARCH GRANT | $34,241 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Superior Health Quality Alliance Inc Madison, WI | $4,742,622 | $6,863,958 |
Wm L Wetzel Memorial Osteopathic Educational & Research Foundation Jefferson City, MO | $2,773,257 | $1,082,955 |
Ncmic Foundation Inc Clive, IA | $15,530,933 | $2,239,488 |
The Foundation For Peripheral Neuropathy Buffalo Grove, IL | $1,840,655 | $954,972 |
Missouri Coalition For Lifesaving Cures Inc Saint Louis, MO | $1,924,040 | $405,470 |
American Pediatric Surgical Nurses Association Plymouth, MN | $549,872 | $143,473 |
Clarence & Lola Hindenburg Charitable Tr Decatur, IL | $3,802,184 | $189,616 |
Janes Room Glenview, IL | $287,493 | $0 |
Biomed Valley Corporation Kansas City, MO | $30,709,893 | $20,909,613 |
Wisconsin Security Research Consortium Inc Madison, WI | $114,347 | $0 |
Acreditas Global Skokie, IL | $46,579 | $7,978 |