Serenagroup Research Foundation
- Assets
- $146.9k
- Revenue
- $676.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-0739611
Organization Overview
Serenagroup Research Foundation is located in Cambridge, MA. The organization was established in 2019. 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. Serenagroup 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERENAGROUP RESEARCH FOUNDATION IS A GLOBAL WOUND CARE COOPERATIVE GROUP WITH A GROWING NETWORK OF LEADING WOUND CARE RESEARCH CENTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CONDUCTS CLINICAL TRIALS ON WOUND CARE FROM EARLY PHASE DRUG AND DEVICE STUDIES TO POST-MARKETING TRIALS ACROSS THE FOUNDATION'S NETWORK OF RESEARCH SITES.
THE FOUNDATION OFFERS PRODUCT DEVELOPMENT, PRODUCT TESTING, AND POST-MARKETING MECHANISM OF ACTION ANALYSES AND OFFERS OPPORTUNITIES FOR EDUCATION, RESEARCH, AND TRAINING, THROUGH ON-SITE, HANDS-ON AND INTERACTIVE EDUCATION SERIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Serena CEO & Founding Trustee | OfficerTrustee | 8 | $0 |
Anthony Serena CFO & Founding Trustee | OfficerTrustee | 4 | $0 |
Timothy Mayhugh Independent Trustee | Trustee | 4 | $0 |
Gerald Blistein Independent Trustee | Trustee | 2 | $0 |
John Hietala Independent Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Clinical Research Mgr Group Inc Study Site | 12/30/20 | $126,761 |
Serenagroup Inc Contracted Services | 12/30/20 | $732,444 |
Wound Care Of Tulsa Study Site | 12/30/20 | $158,976 |
Royal Research Corp Study Site | 12/30/20 | $116,415 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $136,930 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,930 |
| Total Program Service Revenue | $539,305 |
| Investment income | $0 |
| 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 | $676,235 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 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 | $67,450 |
| Fees for services: Legal | $24,605 |
| Fees for services: Accounting | $32,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,244 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,972 |
| Travel | $61,100 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88,982 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,296 |
| Total functional expenses | $546,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,886 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $74,519 |
| 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 | $27,716 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,737 |
| Total assets | $146,858 |
| Accounts payable and accrued expenses | $53,700 |
| 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 | $53,700 |
| Net assets without donor restrictions | $93,158 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $146,858 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Serenagroup Research Foundation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trudeau Institute Inc Saranac Lake, NY | $32,912,621 | $8,396,635 |
Lymphatic Education & Research Network Inc Le&rn New York, NY | $3,889,093 | $4,129,686 |
Serenagroup Research Foundation Cambridge, MA | $146,858 | $676,235 |
Sass Foundation For Medical Research Inc Roslyn, NY | $349,661 | $364,188 |
American Healthcare Radiology Administrators Education Fndtn Inc Marlborough, MA | $978,128 | $402,631 |
Richard And Patricia Jay Charitable Foundation Westport, CT | $132,424 | $298,349 |
Biostasis Technologies Inc Brooklyn, NY | $216,774 | $169,164 |
Worcester Environmental Education Research Effort Inc West Boylston, MA | $1,258 | $0 |
Catherine Foundation For Reproductive Medicine Ltd New York, NY | $83,230 | $116,267 |
Institute For Therapeutic Discovery Inc Delanson, NY | $451 | $143,192 |
The Feldenkrais Foundation Inc New York, NY | $98,402 | $0 |
Lynch Syndrome International Madison, CT | $32,300 | $0 |