EIN 58-1711612

Biomedical Research Foundation of Northwest Louisiana (BRF)

IRS 501(c) type
501(c)(3)
Num. employees
82
Year formed
1986
Most recent tax filings
2020-09-01
Description
BRF was created in 1986 by the Shreveport Chamber of Commerce. At the time, the Shreveport economy was heavily dependent on the oil and gas industry, and plummeting oil prices were taking a heavy toll on the north Louisiana economy. The Shreveport Chamber charged BRF with diversifying the local and regional economy and investing in new economic sectors. BRF’s mission to be a catalyst for positive economic change in north Louisiana has attracted an all-volunteer board of key local civic leaders and experienced and capable professionals from throughout the United States.
Also known as...
BRF Hospital Holdings Shreveport LLC; BRFHH Shreveport and Monroe Campuses
Total revenues
$18,099,045
2020
Total expenses
$18,618,129
2020
Total assets
$106,015,556
2020
Num. employees
82
2020

Program areas at BRF

Operated a positron emission tomography imaging center and a related radiopharmaceutical production facility which served 1,882 patients during the year, of which 774 were free or substantially discounted for indigent persons. The center also worked with various national companies to support clinical and pre-clinical trials. The cgmp radiopharmaceutical manufacturing facility is capable of producing different radiopharmaceuticals and provides radiopharmaceuticals to other scanners in the region.
The entrepreneurial accelerator program is a financial analytics and support group formed to stimulate the creation of entrepreneurial ecosystem in Northwest Louisiana. This is accomplished through a variety of methods including providing entrepreneurial educational content to the community, assisting local universities with entrepreneurial education opportunities, and establishing and maintaining systems which connect entrepreneurs to resources and provide assistance to start and grow their business.
Operated a ten story, 160,000 sq ft Research facility housing 56 state-of-the-art wet labs, an animal care facility, a positron emission tomography (pet) imaging center and related administrative offices. The 56 wet labs and animal facility are leased to lsuhsc-s to support its basic science Research program. The pet center provides imaging to support patients of lsuhsc-s and the regional medical community as well as support for the animal imaging program at lsuhsc-s. The Research facility provided essential Research space needed to support the acquisition of lsuhsc-s extramural funding.conducted activities related to the establishment of a science & technology business park including support for scientific economic development projects, workforce development and education. Provided financial and programmatic assistance to prospective park tenants. Provided land for development including environmental remediation. Maintained multiple leased properties, including a 33,000 sq ft cgmp manufacturing facility and multiple incubator facilities. Intertech activities also include support for six k-12 and higher education programs.
Envision Research is a Research development and administration team formed to identify and manage opportunities for clinical trials and translational Research, match them with qualified scientific investigators and healthcare providers, and oversee their implementation and successful completion.
The digital media institute (dmi) is an accredited higher educational institution focused on degree and certificate programs in the digital arts. Dmi offers programs in animation and digital effects, interactive software development, and advertising design. Students at dmi come from a wide range of backgrounds and financial needs. Dmi provides and coordinates with grant making organizations to fund some need based scholarships to students who meet admissions requirements but may need additional financial assistance. Dmi also provides summer camp opportunities to students in middle school and high school to promote knowledge and interest in the digital art space.

Grants made by BRF

GranteeGrant descriptionAmount
LSU Health Sciences Foundation ShreveportSponsorship$92,088
Lsu in Shreveport FoundationSponsorship$12,000

Who funds Biomedical Research Foundation of Northwest Louisiana (BRF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Community FoundationFor General Support; Give for Good Grant; for the Center for Molecular Imaging and Therapy$185,166
Louisiana Business Incubation Association (LBIA)Support Incubators in Their Mission of Creating, Developing, and Mentoring Small Businesses.$25,000
Carolyn W and Charles T Beaird Family FoundationProgram Services$10,000
...and 1 more grant received

Personnel at BRF

NameTitleCompensation
James D DeanExecutive Vice President and Chief Operating Officer$723,412
Arthur ThompsonChairman$0
John GeorgePresident and Chief Executive Officer$875,621
Jay MeyersVice President for External Affairs$158,929
Malcolm S MurhcisonPast - Chairman$0
...and 5 more key personnel

Financials for BRF

RevenuesFYE 09/2020
Total grants, contributions, etc.$5,218,945
Program services$13,779,258
Investment income and dividends$780,682
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,797,097
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$117,257
Total revenues$18,099,045

Form 990s for BRF

Fiscal year endingDate received by IRSFormPDF link
2020-092021-09-03990View PDF
2019-092020-10-22990View PDF
2018-092019-10-21990View PDF
2017-092018-10-16990View PDF
2016-092017-10-24990View PDF
...and 7 more Form 990s
Data update history
July 26, 2022
Received grants
Identified 2 new grant, including a grant for $185,166 from Community Foundation
June 25, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
November 28, 2020
Used new vendors
Identified 6 new vendors, including , , , , , and
November 22, 2020
Updated personnel
Identified 5 new personnel
Nonprofit Types
Chambers of commerceSchoolsHospitalsMedical research organizations
Issues
HealthCommunity improvementBusiness and industry
Characteristics
Political advocacyConducts researchLobbyingState / local levelReceives government fundingEndowed supportManagement and technical assistanceTax deductible donations
General information
Address
Post Office Box 38050
Shreveport, LA 71133
Metro area
Shreveport-Bossier City, LA
County
Caddo Parish, LA
Website URL
brfla.org/ 
Phone
(318) 716-4190
IRS details
EIN
58-1711612
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H90: Medical Specialty Research
NAICS code, primary
622: Hospitals
Parent/child status
Independent
Free account sign-up

Want updates when BRF has new information, or want to find more organizations like Biomedical Research Foundation of Northwest Louisiana (BRF)?

Create free Cause IQ account