Nonprofit · EIN 04-3291770
LOWN INSTITUTE INC
Tax-exempt · NEEDHAM, MA 02494
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,807,536 | $2,451,365 | -$643,829 | $4,915,126 | $1,379,488 | $3,535,638 |
| August 31, 2024 | 990 | $2,035,557 | $2,578,028 | -$542,471 | $4,714,073 | $316,732 | $4,397,341 |
| August 31, 2023 | 990 | $567,471 | $2,161,262 | -$1,593,791 | $5,453,158 | $996,392 | $4,456,766 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $1,067,171
- Program service revenue
- $270,515
- Investment income
- $469,850
- Net gain from sales of assets
- $340,917
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $25,000
- Compensation of officers, directors and key employees
- $345,617
- Other salaries and wages
- $1,245,434
- Salaries, compensation and benefits (total)
- $1,808,760
- Professional fundraising fees
- $0
- Legal fees
- $4,260
- Accounting fees
- $31,377
- Travel
- $45,838
- Depreciation
- $10,476
- Program services (functional)
- $1,956,128
- Management and general (functional)
- $363,607
- Fundraising (functional)
- $131,630
Balance sheet and other
- Total assets, start of year
- $4,714,073
- Total assets, end of year
- $4,915,126
- Total liabilities, end of year
- $1,379,488
- Net assets, end of year
- $3,535,638
- Publicly traded securities
- $3,199,289
- Net assets without donor restrictions
- $3,164,063
- Net assets with donor restrictions
- $371,575
- Gross receipts
- $3,624,788
- Employees
- 16
- Volunteers
- 200
- Year formed
- 1973
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VIKAS SAINI MD | PRESIDENT Trustee or director, Officer | 40 | $316,935 | $25,682 |
| VALERIE GOPINATH | SENIOR DIRECTOR DATA SCIEN Highest-paid employee | 40 | $169,726 | $7,637 |
| AARON TOLEOS | VICE PRESIDENT OF COMMUNIC Highest-paid employee | 40 | $165,669 | $6,628 |
| KELSEY CHALMERS PHD | SENIOR DIRECTOR OF RESEARCH Highest-paid employee | 40 | $144,932 | $5,722 |
| PAULA SMITH MPH | MANAGER, DATA SCIENCE Highest-paid employee | 40 | $105,052 | $4,178 |
| JOHN TALBOT | VP FINANCE & ADMIN Highest-paid employee | 28 | $102,223 | $5,498 |
| CARISSA FU | CHIEF OF STAFF Highest-paid employee | 40 | $102,019 | $5,108 |
| DANIEL KERN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL FINE MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID BOR MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES JOSLIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ARETHA DELIGHT DAVIS JD MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICIA GABOW MD | CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| J C KRYDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SELWYN ROGERS JR MD MPH | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended August 31, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VIKAS SAINI MD | PRESIDENT Trustee or director, Officer | 40 | $326,457 | $27,925 |
| VALERIE GOPINATH | SENIOR DIRECTOR DATA SCIENTIST Highest-paid employee | 40 | $187,425 | $8,023 |
| AARON TOLEOS | VICE PRESIDENT OF COMMUNIC Highest-paid employee | 40 | $161,000 | $6,440 |
| KELSEY CHAMBERS | DIRECTOR OF RESEARCH, DATA SCIENCE Highest-paid employee | 40 | $140,423 | $12,954 |
| CARISSA FU | CHIEF OF STAFF Highest-paid employee | 40 | $123,908 | $0 |
| PAULA SMITH | MANAGER, DATA SCIENCE Highest-paid employee | 40 | $102,015 | $11,503 |
| DANIEL KERN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL FINE MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID BOR MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES JOSLIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ARETHA DELIGHT DAVIS JD MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICIA GABOW MD | CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| J C KRYDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SELWYN ROGERS JR MD MPH | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended August 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VIKAS SAINI MD | PRESIDENT Trustee or director, Officer | 40 | $317,178 | $28,966 |
| VALERIE GOPINATH | SENIOR DATA SCIENTIST Highest-paid employee | 40 | $183,600 | $7,140 |
| JOHN TALBOT | VP FINANCE & ADMIN Highest-paid employee | 40 | $142,845 | $11,340 |
| AARON TOLEOS | VICE PRESIDENT OF COMMUNIC Highest-paid employee | 40 | $143,100 | $5,564 |
| KELSEY CHAMBERS | MANAGER, DATA RESEARCH Highest-paid employee | 40 | $130,338 | $10,947 |
| DANIEL KERN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL FINE MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID BOR MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES JOSLIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ARETHA DELIGHT DAVIS JD MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICIA GABOW MD | CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| J C KRYDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SELWYN ROGERS JR MD MPH | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 163 HIGHLAND AVE, NEEDHAM, MA 02494-3025
- Principal officer (990 for 2024)
- VIKAS SAINI MD, 163 HIGHLAND AVE, NEEDHAM, MA 02494
- Signed the 990
- VIKAS SAINI MD, PRESIDENT
- Phone
- (617) 992-9322
- Website
- LOWNINSTITUTE.ORG
- Return prepared by
- GERALD T REILLY & COMPANY
Mission
THE LOWN INSTITUTE IS AN INDEPENDENT THINK TANK WORKING TO CREATE A JUST AND CARING HEALTHCARE SYSTEM THROUGH DATA ANALYSIS, POLICY RESEARCH, AND EXPERT CONVENINGS.
Program accomplishments
- PUBLISH AN ANNUAL RANKING OF U.S. HOSPITAL AND HOSPITAL SYSTEM SOCIAL RESPONSIBILTY THAT INCLUDES OVER 50 INDIVIDUAL METRICS. CONDUCT AND DISSEMINATE RESEARCH INTO THE FEDERAL, STATE AND LOCAL TAX BENEFITS OF NONPROFIT HOSPITALS COMPARED TO HOSPITALS SPENDING ON MEANINGFUL COMMUNITY INVESTMENT. COLLECT AND SHARE DATA RELATED TO HOSPITAL FINANCIAL ASSISTANCE POLICIES AND BILLING AND COLLECTION PRACTICES.Expenses $1,956,128 · grants $25,000 · revenue $270,515
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 04-3291770
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H99)
- Assets (IRS master file)
- $4,915,126
- Income (IRS master file)
- $3,624,788
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,807,536 | $2,451,365 | $4,915,126 | XML |
| 990 | August 2024 | $2,035,557 | $2,578,028 | $4,714,073 | XML |
| 990 | August 2023 | $567,471 | $2,161,262 | $5,453,158 | XML |
| 990 | August 2022 | $449,267 | $1,879,405 | $5,965,367 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3291770).
Questions about LOWN INSTITUTE INC
- What is the EIN of LOWN INSTITUTE INC?
- The employer identification number (EIN) of LOWN INSTITUTE INC is 04-3291770.
- Is LOWN INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to LOWN INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOWN INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LOWN INSTITUTE INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOWN INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of LOWN INSTITUTE INC?
- The 990 for the year ended August 31, 2025 names VIKAS SAINI MD.
- Who are the officers and directors of LOWN INSTITUTE INC?
- The 990 for the year ended August 31, 2025 lists 15 people; 7 received compensation from the organization, the highest $316,935 (VIKAS SAINI MD, PRESIDENT).
- How much revenue does LOWN INSTITUTE INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,807,536, expenses of $2,451,365 and total assets of $4,915,126 at year end.
Other nonprofits in NEEDHAM
- ADENOID CYSTIC CARCINOMA RESEARCHFOUNDATION EIN 20-6745475 · last filed 990 for 2025
- DNM1L FOUNDATION INC EIN 99-2006063 · last filed 990-EZ for 2025
- TANC2 FOUNDATION EIN 93-3483517 · last filed 990-N for 2025
- JUSTICE RESOURCE INSTITUTE INC EIN 04-2526357 · last filed 990 for 2025
- ADELSON FAMILY FOUNDATION EIN 04-7024330 · last filed 990-PF for 2024
- PAN-MASSACHUSETTS CHALLENGE INC EIN 04-2746912 · last filed 990 for 2024
- NORTH HILL NEEDHAM INC EIN 04-2716090 · last filed 990 for 2025
- CHARLES RIVER CENTER INC EIN 04-2393108 · last filed 990 for 2025
All nonprofits in NEEDHAM · Massachusetts · Medical research