Hope for Depression Research Foundation

Interesting data from their 2019 990 filing

In the filing, the mission of the non-profit is noted as “Our mission is two-fold: first and foremost hdrf funds the most innovative neuroscience research into the origins, diagnosis, treatment and prevention of depression and its related mood disorders bipolar disorder, postpartum depression, post-traumatic stress disorder, anxiety disorder and suicide. our second goal is to raise awareness of depression as a medical illness and to educate the public about the facts of depression. we educate and inform in order to help remove the stigma of depression. ********************************************************************* *********************************************************************”.

When referring to its responsibilities, they were outlined as: “The foundation funds research to find the root causes of and new and better treatments for depression, as well as programs to raise public awareness about the illness.”.

• The state in which the non-profit is legally registered to operate is DE, as per legal records.
• The filing documents the non-profit's address in 2019 as 40 WEST 57TH ST STE 1440, NEW YORK, NY, 100194001.
• According to the non-profit's form, they have 8 employees on their payroll as of 2019.
• The non-profit has loans as of 2019.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have 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 $3,580,067.
• The CEO compensation strategy within the organization is not based on a review and approval from an impartial entity.
• The organization elects its board members.
• The organization has 5 independent voting members.
• The organization was formed in 2006.
• 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 pays $472,711 in salary, compensation, and benefits to its employees.
• The organization pays $416,381 in fundraising expenses.
• The organization has minutes of its meetings.
• The organization has fundraising events.
• The organization has grants to organizations.
• The organization's financial statements were reviewed by an accountant.