Sierra Veterans Research And Education Foundation
- Assets
- $967.0k
- Revenue
- $793.0k
- Investments
- $165.0k
- Employees
- 24
- Location
- Reno, NV
- Founding
- 06/1991
- Data as of
- 09/2021
- EIN
- 88-0250268
Organization Overview
Sierra Veterans Research And Education Foundation is located in Reno, NV. The organization was established in 1991. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering Research, under the broad grouping of Medical Research and related organizations. As of 09/2021, Sierra Veterans Research And Education Foundation employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sierra Veterans Research And Education 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 09/2021, Sierra Veterans Research And Education Foundation generated $793.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $570.8k during the year ending 09/2021. While expenses have increased by 6.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT BIOMEDICAL AND CLINICAL RESEARCH AS WELL AS HEALTH RELATED EDUCATIONAL ACTIVITIES IN CONJUNCTION WITH THE VA SIERRA NEVADA HEALTH CARE SYSTEM. RESEARCH SPONSORED BY THE ORGANIZATION BENEFITS VETERANS TREATED AT THE VA SIERRA NEVADA HEALTH CARE SYSTEM AND THE GENERAL PUBLIC BY ADVANCING KNOWLEDGE IN THE DIAGNOSIS AND TREATMENT OF DISEASES AND DISABILITY. EDUCATION PROGRAMS SUPPORTED BY THE ORGANIZATION HELP DISSEMINATE THE RESULTS OF RESEARCH SO THEY MAY BE TRANSLATED TO CLINICAL PRACTICE, PROVIDE CLINICAL STAFF WITH TRAINING IN THE LATEST TREATMENTS, AND HELP PATIENTS UNDERSTAND AND MANAGE THEIR MEDICAL CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLINICAL TRIALS OF PROPOSED NEW TREATMENTS FOR CANCER, HEART AND LUNG DISEASE, ARTHRITIS, DIABETES AND OTHER MEDICAL CONDITIONS. CLINICIANS CONDUCTING THESE STUDIES ARE TESTING AND TEACHING OTHERS ABOUT NEW TREATMENTS FOR MEDICAL CONDITIONS THAT ARE SERIOUS PROBLEMS FOR VA PATIENTS AND THE GENERAL PUBLIC.
LAUNCHED SOCIAL MEDIA ACCOUNTS TO EDUCATE ON CURRENT STUDIES, GETTING INVOLVED WITH RESEARCH, AND PROMOTING GENERAL AWARENESS OF WHAT RESEARCH IS IN OUR COMMUNITY. CONTRIBUTES TO THE MONTHLY VA RESEARCH NEWSLETTER WHICH PROVIDES INFORMATION TO VETERANS AND VA EMPLOYEES ON RESEARCH ACTIVITY AND COMMUNITY ENGAGEMENT. HELPED TO ESTABLISH RESEARCH GRAND ROUNDS AND LUNCH AND LEARNS IN WHICH WE DEVELOP AND PRESENT INFORMATION ON GETTING STARTED IN RESEARCH, DIRECTING POTENTIAL PRINCIPAL INVESTIGATORS TO APPROPRIATE RESOURCES, AND GROWING THE RESEARCH CULTURE AT OUR FACILITY. IS PARTNERING WITH OUR ACADEMIC AFFILIATE ON COORDINATOR WORKFORCE DEVELOPMENT INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Eaton Chair/ Executive Director | OfficerTrustee | 5 | $11,250 |
Mark Riddle Md-From July Secretary (va Acos Research Service) | OfficerTrustee | 1 | $0 |
Amy Sanguinetti MD Treasurer (va Chief Of Staff) | OfficerTrustee | 1 | $0 |
Dolores Corona-Tuttlesecretary Until Apr(va Assoc. Chief Of Staff) | OfficerTrustee | 1 | $0 |
Lisa Howard Member-Until Apr (va Medical Center Director) | Trustee | 1 | $0 |
Richard Bjur Outside Board Member | Trustee | 1 | $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 | $300,010 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300,010 |
| Total Program Service Revenue | $488,991 |
| Investment income | $2,949 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,053 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $793,003 |
| 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. | $22,790 |
| Compensation of current officers, directors, key employees. | $22,790 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $434,067 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $36,848 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $430 |
| Fees for services: Accounting | $17,150 |
| 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 | $3,331 |
| 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 | $152 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,133 |
| All other expenses | $439 |
| Total functional expenses | $570,756 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $625,907 |
| Pledges and grants receivable | $172,731 |
| 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 | $2,664 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $165,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $684 |
| Total assets | $966,986 |
| Accounts payable and accrued expenses | $24,283 |
| Grants payable | $0 |
| Deferred revenue | $77,360 |
| 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 | $101,643 |
| Net assets without donor restrictions | $565,482 |
| Net assets with donor restrictions | $299,861 |
| 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 | $966,986 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sierra Veterans Research And Education Foundation has recieved totaling $150,972.
| Awarding Organization | Amount |
|---|---|
Fred Hutchinson Cancer Research Center Seattle, WA PURPOSE: VACCINE AND INFECTIOUS DISEASE | $150,962 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Endowment Analysis
| Earnings | $12 |
| Admin Expense | $151 |
| Net Contributions | $300,000 |
| Ending Balance | $299,861 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gary And Mary West Health Institute La Jolla, CA | $20,819,217 | $21,045,299 |
Alfred E Mann Institute For Biomedical Engineering At The Usc Los Angeles, CA | $265,159,414 | $78,284,269 |
Fogarty Institute For Innovation Mountain View, CA | $12,713,454 | $3,362,432 |
Sens Foundation Inc Mountain View, CA | $3,998,305 | $4,002,442 |
Southern California Institute For Research And Education Long Beach, CA | $7,387,710 | $3,555,949 |
Brentwood Biomedical Research Institute Institute Inc Los Angeles, CA | $0 | $493,229 |
Applied Biomedical Science Institute San Diego, CA | $1,308,035 | $2,682,413 |
Agouron Institute Pasadena, CA | $18,754,799 | $1,205,799 |
Beckman Laser Institute Inc Irvine, CA | $7,260,993 | $551,556 |
Biomedical Research Foundation Of Southern Arizona Tucson, AZ | $586,510 | $271,565 |
Sierra Veterans Research And Education Foundation Reno, NV | $966,986 | $793,003 |
Resmed Sleep Disordered Breathing Foundation La Jolla, CA | $6,205,552 | $1,062,570 |