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Nonprofit · EIN 20-1799284

NOVA INSTITUTE FOR HEALTH INC

Tax-exempt · BALTIMORE, MD 21231

Financials

$2.5M$2.9M2023$2.7M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of NOVA INSTITUTE FOR HEALTH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,704,547$3,215,488-$510,941$11,554,438$657,208$10,897,230
December 31, 2023990$2,454,564$2,865,971-$411,407$12,063,417$741,141$11,322,276
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,330,375
Program service revenue
$5,021
Investment income
$369,151
Net gain from sales of assets
$151,892
Other revenue
$0

Expenses

Grants and similar amounts paid
$762,187
Compensation of officers, directors and key employees
$1,308,704
Other salaries and wages
$360,243
Salaries, compensation and benefits (total)
$1,805,409
Professional fundraising fees
$0
Legal fees
$577
Accounting fees
$13,925
Occupancy
$30,001
Travel
$29,758
Depreciation
$78,801
Program services (functional)
$2,638,194
Management and general (functional)
$261,224
Fundraising (functional)
$316,070

Balance sheet and other

Total assets, start of year
$12,063,417
Total assets, end of year
$11,554,438
Total liabilities, end of year
$657,208
Net assets, end of year
$10,897,230
Land, buildings and equipment
$141,416
Publicly traded securities
$3,809,396
Net assets without donor restrictions
$10,673,452
Net assets with donor restrictions
$223,778
Gross receipts
$5,375,548
Employees
8
Volunteers
8
Year formed
2004
State of legal domicile
MD

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
BRIAN M BERMAN MDPRESIDENT/CHAIRMAN
Trustee or director, Officer, Key employee, Highest-paid employee
40$716,657$61,746
SUSAN H BERMANEXEC DIR/SECY/TREAS
Trustee or director, Officer, Key employee, Highest-paid employee
40$221,472$55,760
RICK SCOTTCHIEF OPERATING OFFICER
Key employee, Highest-paid employee
40$205,694$47,375
DAWN STOLTZFUSDIRECTOR OF STRATEGIC COMMUNICATIONS
Highest-paid employee
40$147,479$21,205
MARK WILLIAMSACCTG & FINANCE MGR
Highest-paid employee
40$136,267$21,661
KENNETH PELLETIERDIRECTOR
Trustee or director
2$0$0
DONALD W PHILLIPSDIRECTOR
Trustee or director
2$0$0
PETE SUCCOSODIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
BRIAN M BERMAN MDPRESIDENT/CHAIRMAN
Trustee or director, Officer, Key employee, Highest-paid employee
32$578,299$75,960
SUSAN H BERMANEXEC DIR/SECY/TREAS
Trustee or director, Officer, Key employee, Highest-paid employee
40$213,684$53,393
RICK SCOTTCHIEF OPERATING OFFICER
Key employee, Highest-paid employee
40$207,532$33,511
DAWN STOLTZFUSDIRECTOR OF STRATEGIC COMMUNICATIONS
Highest-paid employee
40$158,015$22,182
MARK WILLIAMSACCTG & FINANCE MGR
Highest-paid employee
40$133,322$13,580
KENNETH PELLETIERDIRECTOR
Trustee or director
2$0$0
DONALD W PHILLIPSDIRECTOR
Trustee or director
2$0$0
PETE SUCCOSODIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1407 FLEET ST STE 300, BALTIMORE, MD 21231-2872
In care of
% BRIAN M BERMAN MD
Principal officer (990 for 2024)
SUSAN BERMAN, 1407 FLEET ST 300, BALTIMORE, MD 21231
Signed the 990
SUSAN H BERMAN, SECRETARY & TREASURER
Phone
(443) 681-7609
Return prepared by
WILLIAMS STEARNS & ASSOCIATES PC

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • DEMONSTRATION PROJECTS: PART OF OUR WORK IS TO EXPLORE, DEVELOP, AND TEST NEW MODELS AND APPROACHES FOR HEALTH AND HEALING. THESE INCLUDE SCALABLE, REPLICABLE DEMONSTRATION PROJECTS THAT ARE BASED ON RIGOROUS RESEARCH AND HAVE REAL-LIFE IMPACT. THEY HAVE INCLUDED HELPING YOUTH IN VULNERABLE COMMUNITIES LEARN ABOUT WELLNESS AND NUTRITION, DEVELOPING CULINARY MEDICINE CURRICULUM FOR MEDICAL STUDENTS, HELPING VETERANS AND HOSPITALIZED MILITARY SUFFERING FROM TRAUMA, AND RE-ENVISIONING PRIMARY CARE TO MAXIMIZE ITS CAPACITY TO RECOGNIZE AND ADDRESS THE MYRIAD FACTORS THAT INFLUENCE A PERSONS HEALTH.
    Expenses $986,560
  • COMMUNICATION AND OUTREACH: WE RECOGNIZE THE IMPORTANCE OF GETTING SCIENCE AND EVIDENCE BASED INFORMATION TO MANY DIFFERENT AUDIENCES IN UNDERSTANDABLE AND ENGAGING FORMATS. WE WORK TO ENSURE OUR INNOVATIVE RESEARCH AND IDEAS REACH NATIONAL AND GLOBAL AUDIENCES AND CAN INSPIRE CHANGE THROUGH BETTER APPROACHES, PARTNERSHIPS AND POLICIES.
    Expenses $278,970
  • SCHOLARS/FELLOWS PROGRAM: NOVA SUPPORTS A NETWORK OF SCHOLARS AND FELLOWS THAT WORKS ACROSS DISCIPLINES TO INVESTIGATE CRITICAL QUESTIONS, SPARK FRESH THINKING AND NEW IDEAS, AND DISCOVER CUTTING-EDGE SOLUTIONS. NOVA PROVIDES SUPPORT FOR RESEARCH AND PROJECTS UNLIKELY TO ATTRACT FUNDING FROM CONVENTIONAL SOURCES, AND PROVIDES FREEDOM AND RESOURCES TO TAKE THEIR WORK IN NEW, PIONEERING DIRECTIONS RELATED TO HEALTH AND WELL-BEING. NOVA ALSO MENTORS AND SUPPORTS TALENTED YOUNG INNOVATORS WHO HAVE THE COURAGE TO PURSUE UNCHARTED COURSES.
    Expenses $1,129,863 · grants $762,187
  • CONVENE FORUMS/TRAIN PROFESSIONALS: NOVA CONVENES FORUMS TO FACILITATE THE EXCHANGE OF IDEAS CONNECT THE DOTS ACROSS DISCIPLINES, ADVANCE SCIENCE, AND INSPIRE CREATIVITY AND IMAGINATION. FORUMS BRING TOGETHER ECLECTIC GROUPS THAT MAY INCLUDE SCIENTISTS, CONVENTIONAL AND INTEGRATIVE PRACTITIONERS, COMMUNITY LEADERS, FUNDERS, ADVOCATES, AND POLICYMAKERS
    Expenses $242,801
  • TO EXCHANGE IN OPEN DIALOGUE, SHARING OF EXPERTISE PROBLEMS FACED, AND SOLUTIONS SOUGHT. NOVAS TRAINING PROGRAMS ENABLE HEALTH PROFESSIONALS TO GAIN CAREER ENHANCING SKILLS AND KNOWLEDGE THAT ADVANCE AN INTEGRATIVE APPROACH TO HEALTH AND WELL BEING.0

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-1799284
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
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E99)
Assets (IRS master file)
$11,554,438
Income (IRS master file)
$5,375,548

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,704,547$3,215,488$11,554,438IRS
990December 2023$2,454,564$2,865,971$12,063,417XML
990December 2022$906,218$2,613,082$12,133,068IRS
990December 2021–––IRS
990December 2020–––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 20-1799284).

Questions about NOVA INSTITUTE FOR HEALTH INC

What is the EIN of NOVA INSTITUTE FOR HEALTH INC?
The employer identification number (EIN) of NOVA INSTITUTE FOR HEALTH INC is 20-1799284.
Is NOVA INSTITUTE FOR HEALTH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to NOVA INSTITUTE FOR HEALTH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NOVA INSTITUTE FOR HEALTH 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 NOVA INSTITUTE FOR HEALTH INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NOVA INSTITUTE FOR HEALTH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NOVA INSTITUTE FOR HEALTH INC?
The 990 for the year ended December 31, 2024 names SUSAN BERMAN.
Who are the officers and directors of NOVA INSTITUTE FOR HEALTH INC?
The 990 for the year ended December 31, 2024 lists 8 people; 5 received compensation from the organization, the highest $716,657 (BRIAN M BERMAN MD, PRESIDENT/CHAIRMAN).
How much revenue does NOVA INSTITUTE FOR HEALTH INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,704,547, expenses of $3,215,488 and total assets of $11,554,438 at year end.

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