2024-08-14T16:15:53-05:00 2023-09-30 383635706 REHMANN ROBSON LLC 1500 W BIG BEAVER RD 2ND FLR TROY MI 48084 990 2022-10-01 382319524 FUND FOR MEDICAL RESEARCH AND EDUCATION FUND 3135772912 540 E CANFIELD AVE 1241 DETROIT MI 48201 THANE PETERSON CFO/TREASURER 3135772912 2024-08-14 1 1 KATHLEEN M UNDERHILL CPA P00589677 2489525000 2024-08-14 2022 2024-08-08 14:25:15Z THANE PETERSON 540 E CANFIELD AVE 1241 DETROIT MI 48201 8667498 0 X N/A X 1979 MI ASSIST THE WAYNE STATE UNIVERSITY SCHOOL OF MEDICINE AND ITS FACULTY IN MEETING THE SCHOOL'S PRIMARY GOALS OF RESEARCH, EDUCATION AND ASSOCIATED PATIENT CARE AND TO ENHANCE THE RECRUITMENT AND RETENTION OF MEDICAL FACULTY OF THE HIGHEST QUALITY. 23 2 0 0 0 0 0 0 8313896 7641761 124890 1025737 0 0 8438786 8667498 0 0 0 0 0 0 0 0 0 6670146 4384126 6670146 4384126 1768640 4283372 38285574 40300443 44922806 43605519 -6637232 -3305076 ASSIST THE WAYNE STATE UNIVERSITY SCHOOL OF MEDICINE AND ITS FACULTY IN MEETING THE SCHOOL'S PRIMARY GOALS OF RESEARCH, EDUCATION AND ASSOCIATED PATIENT CARE AND TO ENHANCE THE RECRUITMENT AND RETENTION OF MEDICAL FACULTY OF THE HIGHEST QUALITY. 0 0 4258363 7641761 GENERAL AND DEPARTMENTAL MEDICAL RESEARCH AND EDUCATION. 4258363 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 2 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 X THANE PETERSON 3135772912 540 E CANFIELD AVE SUITE 1241 DETROIT MI 48201 BRIAN BARNHILL BOARD MEMBER 1.00 48.00 X 0 0 0 BRIAN O'NEIL MD BOARD MEMBER 1.00 48.00 X 0 484965 60359 CARMEN LEON MCINTYRE MD BOARD MEMBER (INTERIM) 1.00 48.00 X 0 143431 39203 DARIUS MEHREGAN MD BOARD MEMBER 1.00 24.00 X 0 144742 17082 DAVID BRYANT MD BOARD MEMBER 1.00 48.00 X 0 453005 22606 DAVID ROSENBERG MD BOARD MEMBER 1.00 48.00 X 0 879363 74223 DAVID MASSARON BOARD MEMBER 1.00 48.00 X 0 347197 48560 DONALD WEAVER MD BOARD MEMBER 1.00 48.00 X 0 537160 57401 HERMAN GRAY MD BOARD MEMBER 1.00 48.00 X 0 580096 46728 HO-SHENG LIN MD BOARD MEMBER 1.00 48.00 X 0 1229535 93851 JINPING XU MD BOARD MEMBER 1.00 48.00 X 0 259357 41851 JOSEPH UBERTI MD BOARD MEMBER (INTERIM) 1.00 48.00 X 0 505716 62714 MARIA ZESTOS MD BOARD MEMBER 1.00 48.00 X 0 64579 7903 MARK GAFFNEY BOARD MEMBER 1.00 48.00 X 0 0 0 MARK JUZYCH MD MHSA BOARD MEMBER 1.00 48.00 X 0 1013451 50920 MAYSSA BASHA MD BOARD MEMBER (INTERIM) 1.00 48.00 X 0 428894 81894 MICHAEL L CHER MD BOARD MEMBER 1.00 48.00 X 0 523135 61399 RAFIC BEYDOUN MD BOARD MEMBER INTERIM 1.00 48.00 X 0 382500 67664 RAHUL VAIDYA MD BOARD MEMBER (INTERIM) 1.00 48.00 X 0 30038 0 SAFWAN BADR MD BOARD MEMBER 1.00 48.00 X 0 706085 56333 SAMUEL JOHNSON MD BOARD MEMBER 1.00 48.00 X 0 37788 0 TIMOTHY STEMMLER PHD BOARD MEMBER 1.00 48.00 X 0 254688 42606 WAEL SAKR MD PRESIDENT/CHAIR 1.00 48.00 X X 0 772927 74141 JANICE TIMCHUCK SECRETARY 1.00 48.00 X 0 119784 35258 THANE PETERSON MPA TREASURER/CFO 1.00 48.00 X 0 321478 49985 STANLEY BERRY MD FORMER BOARD MEMBER 0.00 X 0 479218 38582 STEPHEN LANIER PHD FORMER VICE PRESIDENT/BOARD MEMBER 0.00 X 0 414219 67770 MARK SCHWEITZER MD MHSA FORMER PRESIDENT/CHAIR 0.00 X 0 790852 104947 JACK SOBEL MD FORMER PRESIDENT/CHAIR 0.00 X 0 356378 48380 NATASHA WEATHERS FORMER CFO 0.00 X 0 154441 34549 0 12415022 1386909 0 1 1 0 0 SERVICE AGREEMENT INCOME 900099 7641761 7641761 7641761 1025737 1025737 8667498 7641761 0 1025737 60018 60018 18095 18095 27200 27200 17553 17553 INSTITUTIONAL SUPPORT 3593106 3593106 LEASED EMPLOYEES 665257 665257 BANK CHARGES 2897 2897 4384126 4258363 125763 0 30243597 31378176 3365570 3357335 17025 24322 4659382 5540610 38285574 40300443 44562806 43246471 360000 359048 44922806 43605519 X -6637232 -3305076 -6637232 -3305076 38285574 40300443 4283372 -951216 0 X 0 0 0 X X 1 WAYNE STATE UNIVERSITY SCHOOL 386028429 2 1 3468846 0 1 3468846 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION D, LINE 3 FOUR BOARD MEMBERS ARE APPOINTED BY THE PRESIDENT OF WAYNE STATE UNIVERSITY (WSU), TWO OF WHICH ARE ON THE WSU BOARD OF DIRECTORS. NEARLY ALL THE REST SERVE ON THE BOARD BY VIRTUE OF THEIR POSITIONS WITHIN THE SCHOOL OF MEDICINE (SOM); WHETHER THE DEAN OR THE DEPARTMENT CHAIRS. IN ADDITION, THE INDIVIDUALS CHARGED WITH THE MANAGEMENT OF FUNDS WERE EMPLOYED WITHIN THE SOM WITH SUPPORT FROM WSU'S CENTRAL FINANCE OFFICE. THE INDIVIDUALS CHARGED WITH DECISIONS AS TO THE INVESTMENT AND STRATEGIC USE OF ASSETS WERE THEREFORE ALMOST ENTIRELY WSU DIRECTORS AND OFFICERS, OR THEIR DELEGEES. PART IV, SECTION E, LINE 2A THE PURPOSE OR PURPOSES FOR WHICH THE SUPPORTING ORGANIZATION WAS ORGANIZED IS AS FOLLOWS: 1) TO ASSIST THE WAYNE STATE UNIVERSITY SCHOOL OF MEDICINE AND ITS FACULTY IN MEETING THE SCHOOL'S PRIMARY GOALS OF RESEARCH, EDUCATION, AND ASSOCIATED PATIENT CARE; 2) TO SPONSOR SCIENTIFIC INVESTIGATION AND RESEARCH, BOTH BASIC AND APPLIED, OF SCHOOL OF MEDICINE FACULTY, AND TO DISSEMINATE THE KNOWLEDGE SO ACQUIRED THROUGH BOTH THE PUBLIC AND PROFESSIONAL CHANNELS; 3) TO FOSTER THE EDUCATION AND TRAINING OF MEDICAL PERSONNEL; 4) TO ENHANCE THE RECRUITMENT AND RETENTION OF MEDICAL FACULTY OF THE HIGHEST QUALITY FOR THE SCHOOL OF MEDICINE; 5) TO SOLICIT AND RECEIVE FUNDS AND PROPERTY TO BE USED FOR ANY OF THESE PURPOSES. AS SUCH, SUBSTANTIALLY ALL OF THE SUPPORTING ORGANIZATION'S ACTIVITIES DURING THE TAX YEAR DIRECTLY FURTHERED THE EXEMPT PURPOSES OF THE SUPPORTED ORGANIZATION. THESE ACTIVITIES ASSISTED THE SUPPORTED ORGANIZATION IN MEETING ITS PRIMARY GOALS OF RESEARCH, EDUCATION, AND ASSOCIATED PATIENT CARE. PART IV, SECTION E, LINE 2B WAYNE STATE UNIVERSITY SCHOOL OF MEDICINE, THE SUPPORTED ORGANIZATION, WOULD HAVE BEEN ENGAGED IN THE ACTIVITIES OF THE FILING ORGANIZATION IF NOT SPECIFICALLY FOR THE FORMATION OF THE FUND FOR MEDICAL RESEARCH AND EDUCATION. WAYNE STATE UNIVERSITY SCHOOL OF MEDICINE PRIMARY GOALS ARE RESEARCH, EDUCATION, AND ASSOCIATED PATIENT CARE WHICH ARE ONE OF THE PURPOSES OF THE SUPPORTING ORGANIZATION. 0 NOTES RECEIVABLE - AFFILIATES 5540610 5540610 0 0 0 0 0 0 0 0 0 HO-SHENG LIN MD BOARD MEMBER 0 1068513 0 161022 0 0 0 77856 0 15995 0 1323386 0 0 MARK JUZYCH MD MHSA BOARD MEMBER 0 1008164 0 5287 0 0 0 21596 0 29324 0 1064371 0 0 DAVID ROSENBERG MD BOARD MEMBER 0 837747 0 41616 0 0 0 44153 0 30070 0 953586 0 0 MARK SCHWEITZER MD MHSA FORMER PRESIDENT/CHAIR 0 778162 0 12690 0 0 0 85830 0 19117 0 895799 0 0 WAEL SAKR MD PRESIDENT/CHAIR 0 762927 0 10000 0 0 0 57500 0 16641 0 847068 0 0 SAFWAN BADR MD BOARD MEMBER 0 699852 0 6233 0 0 0 39004 0 17329 0 762418 0 0 HERMAN GRAY MD BOARD MEMBER 0 565894 0 14202 0 0 0 30500 0 16228 0 626824 0 0 DONALD WEAVER MD BOARD MEMBER 0 495733 0 41427 0 0 0 41169 0 16232 0 594561 0 0 MICHAEL L CHER MD BOARD MEMBER 0 500823 0 22312 0 0 0 54719 0 6680 0 584534 0 0 JOSEPH UBERTI MD BOARD MEMBER (INTERIM) 0 424612 0 81104 0 0 0 38854 0 23860 0 568430 0 0 BRIAN O'NEIL MD BOARD MEMBER 0 473092 0 11873 0 0 0 30500 0 29859 0 545324 0 0 STANLEY BERRY MD FORMER BOARD MEMBER 0 479218 0 0 0 0 0 30500 0 8082 0 517800 0 0 MAYSSA BASHA MD BOARD MEMBER (INTERIM) 0 394730 0 34164 0 0 0 80202 0 1692 0 510788 0 0 STEPHEN LANIER PHD FORMER VICE PRESIDENT/BOARD MEMBER 0 406639 0 7580 0 0 0 41130 0 26640 0 481989 0 0 DAVID BRYANT MD BOARD MEMBER 0 418779 0 34226 0 0 0 20765 0 1841 0 475611 0 0 RAFIC BEYDOUN MD BOARD MEMBER INTERIM 0 367500 0 15000 0 0 0 61000 0 6664 0 450164 0 0 JACK SOBEL MD FORMER PRESIDENT/CHAIR 0 356378 0 0 0 0 0 32300 0 16080 0 404758 0 0 DAVID MASSARON BOARD MEMBER 0 338697 0 8500 0 0 0 47430 0 1130 0 395757 0 0 THANE PETERSON MPA TREASURER/CFO 0 304828 0 16650 0 0 0 20467 0 29518 0 371463 0 0 JINPING XU MD BOARD MEMBER 0 253007 0 6350 0 0 0 25936 0 15915 0 301208 0 0 TIMOTHY STEMMLER PHD BOARD MEMBER 0 246868 0 7820 0 0 0 25469 0 17137 0 297294 0 0 NATASHA WEATHERS FORMER CFO 0 150316 0 4125 0 0 0 18496 0 16053 0 188990 0 0 CARMEN LEON MCINTYRE MD BOARD MEMBER (INTERIM) 0 140385 0 3046 0 0 0 15906 0 23297 0 182634 0 0 DARIUS MEHREGAN MD BOARD MEMBER 0 142616 0 2126 0 0 0 16779 0 303 0 161824 0 0 JANICE TIMCHUCK SECRETARY 0 116851 0 2933 0 0 0 11978 0 23280 0 155042 0 0 PART I, LINE 3: THE PRESIDENT IS AN EMPLOYEE OF RELATED ORGANIZATIONS. HIS COMPENSATION IS DETERMINED BY THE RELATED ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S TREASURER REVIEWS A DRAFT OF THE 990 AND THEN REVIEWS THE FINAL COPY OF THE RETURN BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12 EACH OF THE CORPORATION'S OFFICERS AND DIRECTORS SHALL AT ALL TIMES ACT IN A MANNER THAT FURTHERS THE CORPORATION'S CHARITABLE OR EDUCATIONAL PURPOSE AND SHALL EXERCISE CARE THAT HE OR SHE DOES NOT ACT IN A MANNER THAT FURTHERS HIS OR HER PRIVATE INTERESTS TO THE DETRIMENT OF THE CORPORATION'S PURPOSE. A CONFLICT OF INTEREST CAN BE CONSIDERED TO EXIST IN ANY INSTANCE WHERE THE ACTIONS OR ACTIVITIES OF THE INDIVIDUAL ON BEHALF OF THE CORPORATION ALSO INVOLVE THE OBTAINING OF A DIRECT OR INDIRECT PERSONAL GAIN OR ADVANTAGE, OR AN ADVERSE OR POTENTIALLY ADVERSE EFFECT ON THE INTERESTS OF THE CORPORATION. THE CORPORATION'S OFFICERS AND DIRECTORS SHALL AVOID CONFLICTS OF INTEREST AND OTHERWISE FULLY DISCLOSE TO THE CORPORATION ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST, IF SUCH CONFLICTS CANNOT BE AVOIDED, SO THAT SUCH CONFLICTS ARE DEALT WITH IN THE BEST INTERESTS OF THE CORPORATION. THE OFFICERS AND DIRECTORS OF THE CORPORATION OR ANY COMMITTEE MEMBER SHALL DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST IN WRITING TO THE OTHER DIRECTORS OF THE BOARD OR ANY SUCH COMMITTEE AND MADE A MATTER OF RECORD EITHER WHEN THE INTEREST BECOMES A MATTER OF BOARD OR COMMITTEE ACTION OR AS PART OF A PERIODIC PROCEDURE TO BE ESTABLISHED BY THE BOARD OF DIRECTORS OR COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 SINCE THE ORGANIZATION DOES NOT PAY COMPENSATION, IT DOES NOT HAVE A COMPENSATION POLICY. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF TIME AS SET FORTH IN PUBLIC DISCLOSURE 6104(D). WAYNE STATE UNIVERSITY SCHOOL OF MEDICINE 5700 CASS AVENUE STE 4900 DETROIT MI 48202 386028429 UNIVERSITY MI 501(C)(3) LINE 2 N/A 0 UNIVERSITY PHYSICIAN GROUP 400 MACK AVENUE DETROIT MI 48201 383474766 MEDICAL MI 501(C)(3) LINE 10 N/A 0 WAYNE PEDIATRICS INC 400 MACK AVENUE SUITE 1 DETROIT MI 48201 843395605 PEDIATRIC MEDICAL SERVICES MI 501(C)(3) LINE 10 N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0