Lankenau Institute for Medical Research

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “Our mission is to advance human health and well being through research, to improve the detection & treatment of disease, to rapidly transfer new technology to the clinic, and to train the next generation of scientists & physicians.”.

When discussing its operations, they were defined as: “Advance human health/well being, improve detection/treatment of disease, transfer new technology to the clinic & train the next generation of scientists & physicians.”.

• The state where the non-profit operates has been legally reported as PA.
• The filing indicates that the non-profit's address in 2020 is located at 100 Lancaster Avenue, Wynnewood, PA, 19096.
• The non-profit has reported 100 employees on their form as of 2020.
• 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 -$7,205,643.
• The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
• The organization elects its board members.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 17 independent voting members.
• The organization was formed in 1981.
• 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 $8,594,224 in salary, compensation, and benefits to its employees.
• The organization pays $39,636 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization's financial statements were reviewed by an accountant.