2026-01-22T15:03:03-06:00 2025-06-30 113266576 GRASSI & CO CPA'S PC 6 OMNI WAY SUITE 201 CHELMSFORD MA 01824 990 2024-07-01 043512440 BEDFORD VA RESEARCH CORPORATION INC BEDF 7816873588 200 SPRINGS RD MS152 BLDG 70 BEDFORD MA 01730 JOHN M WELLS PRESIDENT 7816873588 2026-01-21 1 0 JAYNE A ANDREWS P00514653 9784522500 2026-01-21 2024 2025-03-06 01:10:19Z BRCI JOHN M WELLS 200 SPRINGS RD MS152 BLDG 70 BEDFORD MA 01730 998217 0 X WWW.BRCIINC.ORG X 2001 MA TO HONOR THOSE WHO SERVED BY FACILITATING PUBLIC AND PRIVATE FUNDING TO SUPPORT INNOVATIVE RESEARCH AND EDUCATION INITITIVES CONDUCTED BY VA BEDFORD HEALTHCARE INVESTIGATORS AND COLLABORATORS WORKING TO IMPROVE THE HEALTH AND WELL-BEING OF VETERANS. 9 3 12 1 0 0 11157 128 1374950 953468 23247 18852 0 25769 1409354 998217 0 0 0 0 421048 267074 0 0 0 824323 616012 1245371 883086 163983 115131 1042561 1200958 374957 416258 667604 784700 HONOR THOSE WHO SERVED BY FACILITATING PUBLIC AND PRIVATE FUNDING TO SUPPORT INNOVATIVE RESEARCH AND EDUCATION INITIATIVES CONDUCTED BY VA BEDFORD HEALTHCARE INVESTIGATORS AND COLLABORATORS TO IMPROVE THE HEALTH AND WELL-BEING OF VETERANS. 0 0 639892 953468 VARIOUS RESEARCH PROJECTS APPROVED BY THE VA BEDFORD HEALTHCARE SYSTEM IN BEDFORD, MASSACHUSETTS. 639892 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 3 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X THE ORGANIZATION 7816873588 200 SPRINGS RD MS 152 BLDG 70 BEDFORD MA 01730 JOHN M WELLS PRESIDENT 1.00 X X 0 0 0 KEVIN BURNS TREASURER 1.00 X X 0 0 0 DAVID A SMELSON PSYD SECRETARY 1.00 X X 0 0 0 MARCUS RUOPP MD DIRECTOR 1.00 X 0 0 0 DAVID SYKES DIRECTOR 1.00 X 0 0 0 PATRICK SIMON DIRECTOR 1.00 X 0 0 0 BARBARA BOKHOUR MD DIRECTOR 1.00 X 0 0 0 KEVIN M FORREST DIRECTOR 1.00 X 0 0 0 JAMES MEISEL MD DIRECTOR 1.00 X 0 0 0 CARMEN MINCY EXECUTIVE DIRECTOR 25.00 X 55397 0 0 DONALD MILLER PRINCIPAL INVESTIGAT 36.00 X 101850 0 0 157247 0 0 1 0 0 0 0 128 128 RESEARCH CONTRACTS 541700 943062 943062 EDUCATION 541700 10406 10406 953468 18852 18852 RECOVERY OF BAD DEBT 24519 24519 REFUNDS 1250 1250 25769 998217 953468 0 44621 X 57520 57520 183506 74194 109312 26048 8123 17925 1800 1800 17750 17750 468537 462637 5900 6554 3743 2811 41365 34323 7042 5027 5027 8146 8146 MEMBERSHIPS, DUES, AND 41297 39366 1931 PROGRAM SUPPORT EXPENSE 16842 13206 3636 FEES 8694 2500 6194 883086 639892 243194 0 361484 298707 453392 171799 217260 170128 10425 11793 548531 1042561 1200958 227634 247458 119323 138300 28000 30500 374957 416258 X 526360 689430 141244 95270 667604 784700 1042561 1200958 115131 1965 0 X 0 1 X 1 0 X 24783 13033 15396 11157 128 64497 24783 13033 15396 11157 128 64497 64497 329 485 16264 23247 18852 59177 123674 4792677 0.52150 0.59340 X 0 IRB FEE LIABILITY 30500 30500 X 1000182 1965 1965 998217 0 998217 883086 0 883086 0 883086 PART X, LINE 2: BRCI, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX-EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS CLASSIFIED AS PUBLIC CHARITY AS DEFINED BY SECTION 509(A) OF THE IRC. THEREFORE, IT IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. BRCI FOLLOWS ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON BRCI'S FINANCIAL STATEMENTS. BRCI REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO REVIEW BY TAXING AUTHORITIES FOR PERIODS PRIOR TO 2022. SUBSTANTIALLY ALL OF BRCI'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE. THEREFORE, MANAGEMENT HAS DETERMINED THAT BRCI IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY. FORM 990, PART VI, SECTION A, LINE 4 THE FOLLOWING THREE AMENDMENTS WERE MADE: AMENDMENT 1 - ARTICLE V: OFFICERS. SECTION 4. PRESIDENT. REMOVED FIRST SENTENCE AND CHANGED THE WORD "NECESSARY" TO "REQUIRED" IN THE SECOND SENTENCE. AMENDMENT 2 - ARTICLE V: OFFICERS. SECTION 8. EXECUTIVE DIRECTOR. CHANGED THE FIRST SENTENCE BY ADDING "SHALL THE CHIEF EXECUTIVE DIRECTOR" IN BETWEEN "DIRECTOR AND "OF" ADDING AND" BETWEEN "CORPORATION AND "SHALL", AND STRIKING "SHALL" FROM BETWEEN AND AND "HAVE". AMENDMENT 3 - ARTICLE XIII: AMENDMENTS BY ADDING "OF ARTICLES OF INCORPORATION AND BYLAWS" TO THE TITLE AND REPLACING THE PARAGRAPH WITH 3 SECTIONS. - SECTION 1. AMENDING THE ARTICLES OF INCORPORATION. THE ARTICLES OF INCORPORATION MAY BE AMENDED BY THE BOARD OF DIRECTORS BY A TWO-THIRDS VOTE AT A MEETING CALLED FOR THE PURPOSE OF AMENDING ITS ARTICLES PROVIDED NOTICE OF THE PROPOSED AMENDMENTS IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO THE MEETING. - SECTION 2. AMENDING THE BYLAWS. THE BYLAWS MAY BE AMENDED BY THE BOARD OF DIRECTORS BY A TWO-THIRDS VOTE AT ANY REGULAR OR SPECIAL MEETING PROVIDED NOTICE OF THE PROPOSED AMENDMENTS IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO THE MEETING. - SECTION 3. TECHNICAL CHANGES. THE EXECUTIVE DIRECTOR IS AUTHORIZED TO CORRECT ARTICLE AND SECTION DESIGNATIONS, PUNCTUATION, AND CROSS-REFERENCES AND TO MAKE SUCH TECHNICAL AND CONFORMING CHANGES AS MAY BE NECESSARY TO ASSURE THE ACCURACY AND READABILITY OF THE BYLAWS." FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL QUESTIONNAIRE IS PROVIDED TO EACH BOARD MEMBER AND SIGNED BY THEM. IT IS REVIEWED BY THE EXECUTIVE DIRECTOR. TRAINING THROUGH THE VA TALENT MANAGEMENT SYSTEM IS REQUIRED. BOARD MEMBERS TAKE 978 MANUAL INTERNAL CONTROLS UPON APPOINTMENT AND CONFLICT OF INTEREST TRAINING FOR VA NON-PROFITS ANNUALLY AND IS ALSO MONITORED BY THE NPPO OFFICE OF THE VA. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS REVIEWS COMPARABLE DATA AND DETERMINES COMPENSATION THE OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR SETS ALL OTHER SALARIES BASED ON REVIEW AND SALARY TABLE G1-15 SCALE. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE IN THE MAIN OFFICE OR BY WRITTEN REQUEST TO THE CORPORATION OR THROUGH E-MAIL REQUEST. FORM 990, PART IX, LINE 11G SALARY REIMBURSEMENTS: PROGRAM SERVICE EXPENSES 35,887. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,887. RESEARCH SERVICES - EXTERNAL: PROGRAM SERVICE EXPENSES 19,090. MANAGEMENT AND GENERAL EXPENSES 2,478. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,568. MOU - BRCI TO VA: PROGRAM SERVICE EXPENSES 407,578. MANAGEMENT AND GENERAL EXPENSES 56. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 407,634. RESEARCH SERVICES : PROGRAM SERVICE EXPENSES 82. MANAGEMENT AND GENERAL EXPENSES 3,366. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,448.