Nonprofit · EIN 20-2710571
REGENMED DEVELOPMENT ORGANIZATION
Tax-exempt · WINSTONSALEM, NC 27157
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,133,217 | $1,423,539 | $2,709,678 | $7,847,109 | $5,172,818 | $2,674,291 |
| December 31, 2023 | 990 | $1,168,019 | $1,183,238 | -$15,219 | $565,309 | $600,696 | -$35,387 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,133,217
- of which government grants
- $4,133,217
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $704,487
- Compensation of officers, directors and key employees
- $16,404
- Other salaries and wages
- $178,662
- Salaries, compensation and benefits (total)
- $239,425
- Professional fundraising fees
- $0
- Depreciation
- $284,296
- Program services (functional)
- $1,387,024
- Management and general (functional)
- $36,515
Balance sheet and other
- Total assets, start of year
- $565,309
- Total assets, end of year
- $7,847,109
- Total liabilities, end of year
- $5,172,818
- Net assets, end of year
- $2,674,291
- Land, buildings and equipment
- $3,045,031
- Net assets without donor restrictions
- $2,674,291
- Gross receipts
- $4,133,217
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2005
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANTHONY ATALA MD | CHAIR Trustee or director, Officer | 0.5 | $0 | $1,701,372 | $36,743 |
| TERRY L HALES JR | VICE CHAIR & TREASURER Trustee or director, Officer | 0.1 | $0 | $1,310,800 | $52,534 |
| J REID MORGAN | DIRECTOR & ASST SECRETARY Trustee or director, Officer | 0.5 | $0 | $412,282 | $57,418 |
| JULIE WATSON | DIRECTORY & SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| TERRY G WILLIAMS | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANTHONY ATALA MD | CHAIR Trustee or director, Officer | 0.5 | $0 | $1,465,039 | $54,475 |
| TERRY L HALES JR | VICE CHAIR & TREASURER Trustee or director, Officer | 0.1 | $0 | $867,249 | $56,067 |
| J REID MORGAN | DIRECTOR & SECRETARY (TO 6/30/23) Trustee or director, Officer | 0.5 | $0 | $690,571 | $108,874 |
| JULIE WATSON | DIRECTOR & SECRETARY Trustee or director, Officer | 0.5 | $0 | $254,322 | $19,081 |
| TERRY G WILLIAMS | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- MEDICAL CENTER BOULEVARD, WINSTONSALEM, NC 27157-0001
- In care of
- % ANTHONY ATALA
- Mailing address (990-N for 2009)
- 345 N STRATFORD ROAD, WINSTONSALEM NC 27104
- Principal officer (990 for 2024)
- ANTHONY ATALA MD, MEDICAL CENTER BOULEVARD, WINSTONSALEM, NC 27157
- Principal officer (990-N for 2009)
- ANTHONY ATALA, 345 N STRATFORD ROAD, WINSTONSALEM NC 27104
- Signed the 990
- TERRY L HALES JR, TREASURER
- Phone
- (336) 716-4445
- Website
- WWW.REMDO.ORG
Mission
SEE SCHEDULE OTHE MISSION OF THE ORGANIZATION IS TO ACCELERATE THE DISCOVERY AND DEVELOPMENT OF APPLICATIONS OF NEW THERAPIES FOR DISEASE AND TRANSLATE THOSE THERAPIES INTO TREATMENTS FOR PATIENTS THROUGH THE SCIENCE OF REGENERATIVE MEDICINE. THE ORGANIZATION FOCUSES ON OBTAINING FEDERAL AND OTHER GRANT FUNDS AND WORKING WITH OTHER ORGANIZATIONS DEVELOPING REGENERATIVE MEDICINE AND PRODUCTS TO ACCOMPLISH ITS MISSION.
Program accomplishments
- THE REGENMED DEVELOPMENT ORGANIZATION (REMDO) CONDUCTS RESEARCH TO DE-RISK TECHNOLOGIES AND SPEED UP THE TRANSLATION OF REGENERATIVE MEDICINE TECHNOLOGIES TO CLINICAL PRACTICE. REMDO WAS AWARDED FUNDING FOR PROJECTS AIMED AT ACCELERATING MANUFACTURING INNOVATION FOR REGENERATIVE MEDICINE PROJECTS. THE ORGANIZATION HAS ASSEMBLED A CONSORTIUM COMPRISED OF WORLD CLASS LEADERS IN REGENERATIVE MEDICINE RESEARCH AND DEVELOPMENT, BOTH COMMERICAL AND ACADEMIC, TO EXECUTE ON ADVANCED BIOMANUFACTURING INITIATIVES. THE FUND ING WAS RECEIVED FROM THE MEDICAL TECHNOLOGY CONSORTIUM, A DEPARTMENT OF DEFENSE-FUNDED NONPROFIT ENTITY FORMED TO CONDUCT RESEARCH AND PROTOTYPING TO SUPPORT THE US ARMY MEDICAL RESEARCH AND MATERIAL COMMAND.Expenses $1,387,024 · grants $704,487 · revenue $4,133,217
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2710571
- 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)
- Medical research (H12)
- Assets (IRS master file)
- $7,847,109
- Income (IRS master file)
- $4,133,217
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,133,217 | $1,423,539 | $7,847,109 | IRS |
| 990 | December 2023 | $1,168,019 | $1,183,238 | $565,309 | XML |
| 990 | December 2022 | $985,996 | $1,017,608 | $3,206,554 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2009 Officer: ANTHONY ATALA | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
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 20-2710571).
Questions about REGENMED DEVELOPMENT ORGANIZATION
- What is the EIN of REGENMED DEVELOPMENT ORGANIZATION?
- The employer identification number (EIN) of REGENMED DEVELOPMENT ORGANIZATION is 20-2710571.
- Is REGENMED DEVELOPMENT ORGANIZATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to REGENMED DEVELOPMENT ORGANIZATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REGENMED DEVELOPMENT ORGANIZATION 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 REGENMED DEVELOPMENT ORGANIZATION 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 REGENMED DEVELOPMENT ORGANIZATION 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 REGENMED DEVELOPMENT ORGANIZATION?
- The 990 for the year ended December 31, 2024 names ANTHONY ATALA MD.
- Who are the officers and directors of REGENMED DEVELOPMENT ORGANIZATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does REGENMED DEVELOPMENT ORGANIZATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,133,217, expenses of $1,423,539 and total assets of $7,847,109 at year end.
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