Isthmus Project Inc
- Assets
- $211.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- Data as of
- 06/2021
- EIN
- 83-2278676
Organization Overview
Isthmus Project Inc is located in Madison, WI. 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. Isthmus Project Inc 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
THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY TO SUPPORT THE MISSIONS OF THE UNIVERSITY OF WISCONSIN HOSPITALS AND CLINICS AUTHORITY, UNIVERSITY OF WISCONSIN MEDICAL FOUNDATION, AND THE UNIVERSITY OF WISCONSIN SCHOOL OF MEDICINE AND PUBLIC HEALTH BY FACILITATING THE DEVELOPMENT AND TRANSLATION OF INNOVATIONS AND USEFUL TECHNOLOGY DEVELOPED AT UW HEALTH AND THE UNIVERSITY OF WISCONSIN, INCLUDING IN COLLABORATION WITH OTHER RESEARCH INSTITUTIONS AND PARTNERS, TO IMPROVE HEALTH AND HEALTHCARE BY PREVENTING AND ALLEVIATING THE EFFECTS OF DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ISTHMUS PROJECT WAS FOUNDED WITH THE INTENT TO SUPPORT HEALTHCARE INNOVATION ARISING FROM OUR OWN ECOSYSTEM, INCLUDING INNOVATORS FROM UW HEALTH AND UW SCHOOL OF MEDICINE AND PUBLIC HEALTH. SERVICES THE ISTHMUS PROJECT OFFERS INCLUDE:1) HELPING CONNECT INNOVATORS TO ADDITIONAL DEVELOPMENT RESOURCES INCLUDING MENTORS, POTENTIAL CUSTOMERS, FUNDERS, AS WELL AS ENGINEERING AND IP SERVICES.2) PROVIDING MENTORSHIP ON TECHNICAL DEVELOPMENT AND BUSINESS PLANNING INCLUDING MARKET ASSESSMENT AND COMPANY VALUATION.FUNDING OPTIONS AND SUPPORT INCLUDING UW HEALTH FUNDING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Rock Mackie PHD President | OfficerTrustee | 2 | $0 |
Richard Moss PHD Treasurer | OfficerTrustee | 2 | $0 |
Kurt Zimmerman Vice President | Officer | 38 | $0 |
Thomas Grist MD Director | Trustee | 2 | $0 |
Elizabeth Burnside-Rollins MD MPH Director | Trustee | 2 | $0 |
Michael Partsch Director | Trustee | 2 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| 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 | $356,986 |
| Pension plan accruals and contributions | $28,031 |
| Other employee benefits | $26,309 |
| Payroll taxes | $18,427 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,435 |
| Fees for services: Accounting | $1,628 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,743 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,195 |
| Insurance | $0 |
| All other expenses | $10,601 |
| Total functional expenses | $468,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,881 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $8,342 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $100,000 |
| Intangible assets | $0 |
| Other assets | $12,510 |
| Total assets | $211,733 |
| Accounts payable and accrued expenses | $0 |
| 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 | $56,987 |
| Total liabilities | $56,987 |
| Net assets without donor restrictions | $154,746 |
| 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 | $211,733 |
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