EIN 73-0580274

Oklahoma Medical Research Foundation (OMRF)

IRS 501(c) type
501(c)(3)
Num. employees
639
Year formed
1946
Most recent tax filings
2023-06-01
Description
The Oklahoma Medical Research Foundation is one of the nation’s oldest and most respected nonprofit biomedical research institutes. OMRF is dedicated to fighting Alzheimer’s, heart disease, cancer and other devastating illnesses.
Total revenues
$114,311,660
2023
Total expenses
$108,085,497
2023
Total assets
$485,930,868
2023
Num. employees
639
2023

Program areas at OMRF

Arthritis and Clinical Immunology/Clinical Operations - The National Institutes of Health selected a pair of projects led by OMRF as part of its new Immune Drivers of Autoimmune Disease program, which casts light on early events in diseases like lupus and rheumatoid arthritis. Scientists also teamed up to renew two major federal grants, one targeted at building Oklahoma's clinical research infrastructure and improving the health of the state's citizens, the other supporting arthritis and autoimmune disease research at OMRF and across the US. In addition, researchers published studies advancing our knowledge of autoimmune diseases, which affect an estimated 25 million Americans, and provided compassionate care to thousands of patients living with multiple sclerosis, lupus and various forms of arthritis.
Cardiovascular Biology Research Program - This year was marked by a watershed discovery. In each of us, heart valves open and close approximately 40 million times a year, permitting proper blood flow when they open and preventing leakage when they close. Unfortunately, in roughly 7 million Americans, those valves don't function properly. Over time, this condition leads to impaired quality of life, disability and, ultimately, heart failure. In 2023, Dr. Sathish Srinivasan identified a molecule that shows promise for preventing heart valve disease. Future research will build on this breakthrough, with the goal of finding a treatment for the millions of people who live with this debilitating, life-threatening disease.
Aging and Metabolism Research Program - This program added two principal scientists in 2023, both of whom will accelerate our work in crucial areas. Dr. Heather Rice focuses on the protein amyloid beta, which is believed to play a central role in the development of Alzheimer's disease. And Dr. Sue Bodine is an international leader in the study of muscle loss as we grow older. These researchers will complement the work of our existing scientific team, who secured a series of new grants from federal and nonprofit funders. With the awards, we will continue to develop a deeper understanding of a broad spectrum of age-related health conditions, from dementia and vision loss to heart disease and diabetes.
Other program services include departments such as Cell Cycle and Cancer Biology, Genes and Human Disease, Genetic Models of Disease and other scientific and research support services.

Who funds Oklahoma Medical Research Foundation (OMRF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ja and Leta M Chapman Trust 486002AC2Medical Research$10,408,254
Chapman Leta McFarlin Memorial TrustSupport Foundation$1,635,784
JA & Leta Chapman Trust GeneralSupport Foundation$1,343,245
...and 47 more grants received totalling $17,823,264

Personnel at OMRF

NameTitleCompensation
Prescott StephenPresident and Chief Executive Officer$467,241
Tim HassenChief Financial Officer and Vice President
Day LisaVice President of Government Affairs / Vice President of Business and Government Affairs$154,452
Voss PennyVice President of Development$230,920
Greenwood CourtneyVice President of Human Resources$184,887
...and 16 more key personnel

Financials for OMRF

RevenuesFYE 06/2023
Total grants, contributions, etc.$71,342,417
Program services$30,761,232
Investment income and dividends$9,454,687
Tax-exempt bond proceeds$88,631
Royalty revenue$4,872,742
Net rental income$384,818
Net gain from sale of non-inventory assets$-4,456,698
Net income from fundraising events$-111,463
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,975,294
Total revenues$114,311,660

Form 990s for OMRF

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-13990View PDF
2021-062022-07-11990View PDF
2020-062021-05-18990View PDF
2019-062021-01-27990View PDF
2018-062019-09-14990View PDF
...and 8 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $643,174 from American Heart Association (AHA)
February 4, 2024
Received grants
Identified 9 new grant, including a grant for $10,408,254 from Ja and Leta M Chapman Trust 486002AC2
December 25, 2023
Received grants
Identified 37 new grant, including a grant for $9,456,232 from Ja and Leta M Chapman Trust 486002AC2
July 11, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 10, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Medical research organizationsResearch centersCharities
Issues
Science and technologyHealthDiseases and disorders
Characteristics
Political advocacyConducts researchLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportGala fundraisersTax deductible donationsAccepts online donations
General information
Address
825 Ne 13th St
Oklahoma City, OK 73104
Metro area
Oklahoma City, OK
County
Oklahoma County, OK
Website URL
omrf.org/ 
Phone
(800) 522-0211
Facebook page
OMRFOK 
Twitter profile
@omrf 
IRS details
EIN
73-0580274
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1946
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H90: Medical Specialty Research
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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