NonprofitsPrairie Research And Education Cooperative

Medical Research

Prairie Research And Education Cooperative

SPRINGFIELD, IL

Total revenue

$4.0M

Total expenses

$3.9M

Net assets

$4.7M

Grants received

$689K

10 grants

EIN

371157915

Tax year

2023

Mission

The purpose of the organization is to engage in active continuous medical research to further the understanding of applications of new modes of therapy for cardiovascular disease, diabetes and neurological disorders.

Programs

1 program

Participate in Phase I-IV clinical trials as an enrolling site in a wide range of therapeutic areas with a focus on cardiovascular, diabetes, and neurology research. Trials are sponsored and funded by device and pharmaceutical companies. Participated in approximately 49 cardiovascular trials, 11 diabetes trials, and 15 neurology trials in FY 2024. Conduct Clinical Events Committee (CEC) and Data and Safety Monitoring Board (DSMB) management for medical device sponsors. Provide individuals with expertise to advise the sponsor on the continuing safety of trial subjects. Provide oversight of trial data to determine that sponsors are compliant with conducting trials that are ethical, safe for subjects, and produce good, reliable data. Provided CEC/DSMB management for approximately 4 clinical trials in FY 2024. Provide analysis of angiographic images for clinical research trials sponsored by device or pharmaceutical companies. Provided angiographic analysis in approximately 4 clinical trials in FY 2024.

Expenses: $1.4M

Financials

FY 2023

Revenue

Contributions & grants$36K
Program service revenue$3.9M
Investment income$90K
Other revenue
Total revenue$4.0M

Expenses

Grants paid
Salaries & benefits$3.3M
Fundraising
Other expenses$559K
Total expenses$3.9M
Total assets$5.0M
Net assets$4.7M

People

13 listed

NameRoleCompensation

Bharath Rajagopalan MD

Board Member / Physician

Board

$1.2M

40 hrs/wk

JENNY CHAMBERS

Executive Director - PERC

Board

$188K

40 hrs/wk

JANET ROGLIS

Board Member

Board

1 hrs/wk

Kevin Lewis MD

Board Member / HSHS SVP & Chief Physician Executive

Board

2 hrs/wk

LARRY HARDY

Board Member

Board

1 hrs/wk

PETER KUNG

Board Member / HSHS SVP-Chief Strategy Officer

Board

1 hrs/wk

Michael Scialdone

Treasurer / HSHS SVP & CFO (began 01/08/24)

Board

0.3 hrs/wk

Paige Toth

Secretary (began 11/1/23)

Board

4.3 hrs/wk

Brenda Jeffers

Chair

Board

1 hrs/wk

AVINASH MURTHY

Board Member

Board

1 hrs/wk

Dennis Rizzo

Board Member

Board

1 hrs/wk

Suresh Kulandhaisamy MD

Physician

Staff

$670K

40 hrs/wk

MARC SHELTON MD

Former PRESIDENT/CEO (until 4/6/23) / Physician

Staff

0

Grants received

Showing 10 of 10

FromAmountPurposeYear
$10K
SUPPORT CHARITABLE PURPOSE
2023
$125K
MEDICAL RESEARCH FOR CARDIOVASCULAR DISEASE, DIABETES AND NEUROLOGICAL DISORDERS
2022
$19K
SUPPORT CHARITABLE PROGRAMS
2022
$125K
MEDICAL RESEARCH FOR CARDIOVASCULAR DISEASE, DIABETES AND NEUROLOGICAL DISORDERS
2021
$14K
ATRIAL FIBRILLATION INITIATIVE
2021
$125K
MEDICAL RESEARCH FOR CARDIOVASCULAR DISEASE, DIABETES AND NEUROLOGICAL DISORDERS
2020
$49K
SUPPORT CHARITABLE PROGRAMS
2020
$10K
RESEARCH STUDY PARTICIPATION
2020
$125K
MEDICAL RESEARCH FOR CARDIOVASCULAR DISEASE, DIABETES AND NEUROLOGICAL DISORDERS
2019

Funded by

$689K from 5 funders · 10 grants · 2019–2023

Details

EIN371157915
NTEE codeH43Z
Subsection03
Ruling date1986-04
Formed1984
Employees23
Volunteers4
PRAIRIE RESEARCH AND EDUCATION COOPERATIVE — Mission, Financials & Grants Received | Grantivo