Mount Desert Island Biological Laboratory
Mount Desert Island Biological Laboratory
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About this organization
Mission
The MDI Biological Laboratory's mission is to improve human health through basic research, education, and development ventures that transform discoveries into cures. Our work is primarily focused on enhancing our natural ability to repair the cellular damage that occurs as we age, and on providing hands-on research training to the next generation of scientists, physicians, teachers, and entrepreneurs.
About
Research at the MDI Biological Laboratory focuses on pioneering new approaches to regenerative medicine, with an emphasis on understanding the biology of regeneration and aging. Scientists are developing therapies that activate the body's natural ability to heal and slow age-related degenerative changes. The institution's achievements in 2018 included the following: MDI Biological Laboratory named Dr. Herman Haller as President. Dr. Haller is an internationally recognized leader in kidney disease, hypertension, and kidney and blood vessel regeneration. He also holds the position of Full Professor and Chairman of the Division of Nephrology at Hannover Medical School in Germany. The William Procter Scientific Innovation Fund was established to honor the legacy of businessman, entrepreneur, and scientist William Procter. The fund supports scientific research and education programs at the MDI Biological Laboratory focused on translating scientific discoveries into commercial applications. The Morris Scientific Discovery Fund was announced, providing a total of $500,000 to support aging and regeneration research at the MDI Biological Laboratory. Scientists continued to advance discoveries in the fields of aging, heart regeneration, nerve regeneration, and wound healing through the publication of peer-reviewed research findings in prestigious scientific journals. The MDI Biological Laboratory received an $11 million National Institutes of Health (NIH) Center of Biomedical Research Excellence award to support the continued growth and development of scientists working in the Kathryn W. Davis Center for Regenerative Biology and Medicine.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “The mdi biological laboratory's mission is to improve human health through research, education,and the development of ventures that transform discoveries into cures.”.
When detailing its responsibilities, they were listed as: “The mdi biological laboratory's mission is to improve human health through basic research, education and development ventures that transform discoveries into cures. our work is primarily focused on enhancing our our natural ability to repair the cellular damage that occurs as we age, and on providing hands-on research training to the next generation of scientists, physicians, teachers and entrepreneurs.”.
- The state in which the non-profit is legally permitted to operate is ME.
- The address of the non-profit for 2020 according to the filing is PO BOX 35, SALSIBURY COVE, ME, 04672.
- The number of employees reported by the non-profit on their form as of 2020 is 88.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Has foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$1,162,700.
- The CEO compensation structure within the organization is based on a review and approval from a neutral party.
- The organization elects its board members.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 22 independent voting members.
- The organization was formed in 1898.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $5,438,337 in salary, compensation, and benefits to its employees.
- The organization pays $404,578 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.