Stowers Resource Management is a organizations supporting a medical research nonprofit based in Kansas City, MO that was founded in 2005. As of 2020 they had $146 million in revenue and $1.5 billion in assets.
Srm supports the activities of Stowers institute for medical research ("simr") which conducts basic cell and molecular biology research.
Financial support - srm monitors the financial needs of simr so simr can conduct its medical research in the public interest and makes contributions to simr to support its medical research activities. The contributions are made as determined by srm's board of directors after review of financial information, budgets, strategies and other relevant information. In 2019, srm provided $78,000,000 to simr for endowment support and $10,000,000 to biomed valley corporation ("bvc"), a related 501(c)(3) organization, for endowment support.
Management of endowment - srm participates in the Management of Stowers institute for medical research ("simr") to insure simr's financial ability to continue its research efforts in perpetuity.
Management, administrative and operation support services - srm provides Management support to simr that involves assisting in planning for the strategic direction of simr,operational planning, and the development and implementation of strategic business plans and budgets. Srm also provides additional administrative and operational support services to simr that includes accounting, finance, human resources, information technology, and other support activities, for which srm allocated costs to simr in the amount of $31,008,517 in 2019 as reported on part viii statement of revenue line 2a, with related information on schedule o.
Fiscal year ending | Date received by IRS | Form | PDF link |
---|---|---|---|
2019-12 | Oct 9, 2020 | 990 | View PDF |
2018-12 | Oct 18, 2019 | 990 | View PDF |
2017-12 | Oct 16, 2018 | 990 | View PDF |
2016-12 | Oct 18, 2017 | 990 | View PDF |
2015-12 | Dec 14, 2016 | 990 | View PDF |
...and seven more Form 990 PDFs |
Field | 2019 |
---|---|
Total grants, contributions, etc. | $2,177,242 |
Program services | $31,300,707 |
Investment income and dividends | $108,676,232 |
Tax-exempt bond proceeds | $0 |
Royalty revenue | $0 |
Net rental income | $43,958 |
Net gain from sale of non-inventory assets | $4,715,665 |
Net income from fundraising events | $0 |
Net income from gaming activities | $0 |
Net income from sales of inventory | $0 |
Miscellaneous revenues | $3,872 |
Total revenues | $146,917,676 |
Vendor | Services | Amount paid | Date |
---|---|---|---|
Pricewaterhousecoopers LLP | Tax accounting; Audit and Tax Services | $245,223 | 2020-08-11 |
██████ | Content management system software | 2020-06-15 | |
███████ ███ ████ | Fundraising software; Payment processing | 2020-06-15 | |
█████ ███████ ██████ ████ | Audit accounting | 2019-12-31 | |
███████ █████████ ███ | Insurance agent or broker | $2,297 | 2019-12-31 |
███████ █████████ | Insurance agent or broker | $147,237 | 2019-12-31 |
██████ ███████ ████ | Insurance | 2019-12-31 | |
█████████ ██████████ ██ ██████ ████ | Insurance | 2019-12-31 | |
...and eight more vendors |
Name | Title | Compensation | Most recent data |
---|---|---|---|
Cici Rojas | Chief Executive Officer | $0 | Dec. 31, 2019 |
David M. Chao, Ph.D. | President and Chief Executive Officer | $0 | Dec. 31, 2019 |
████████ █ ████████ | Executive Vice President and Chief Financial Officer | $1.7 million | Dec. 31, 2019 |
█████ ██████ | Executive Vice President and Chief People Officer | $0 | Dec. 31, 2019 |
█████ ██████ | Vice President of Finance and Treasurer | $180,334 | Dec. 31, 2019 |
██████ █████████ | Executive Vice President and Human Resources / Executive Vice President of Administration | $317,237 | Dec. 31, 2019 |
███████ █ █████ | Head of Operations and Services | $249,530 | Dec. 31, 2019 |
████ █████ | Director of Financial Planning and An | $125,806 | Dec. 31, 2017 |
███████ ████ | Director of It App and DVLPMT | $183,212 | Dec. 31, 2019 |
███████ ████████ | Head of Information Management | $218,960 | Dec. 31, 2019 |
...and six more key personnel |