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Nonprofit · EIN 23-2175659

LANKENAU INSTITUTE FOR MEDICAL RESEARCH

Tax-exempt · RADNOR, PA 19087

Financials

$12.2M$19.2M2022$10.7M$19.9M2023$10M$17.7M2024
Revenue Expenses · by fiscal year end
Financials of LANKENAU INSTITUTE FOR MEDICAL RESEARCH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$9,978,219$17,707,487-$7,729,268$13,804,415$12,923,995$880,420
June 30, 2024990$10,729,900$19,922,017-$9,192,117$15,479,756$15,051,866$427,890
June 30, 2023990$12,208,295$19,218,522-$7,010,227$17,942,853$16,414,580$1,528,273
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,569,014
of which government grants
$1,752,025
Program service revenue
$3,956,088
Investment income
-$515,369
Royalties
$19,184
Net rental income
$258,771
Net gain from sales of assets
-$543,568
Other revenue
$2,968,486

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,228,457
Other salaries and wages
$6,282,762
Salaries, compensation and benefits (total)
$9,627,887
Professional fundraising fees
$0
Legal fees
$367,920
Accounting fees
$94,091
Occupancy
$2,689,153
Travel
$16,317
Depreciation
$332,760
Program services (functional)
$15,032,946
Management and general (functional)
$2,638,570
Fundraising (functional)
$35,971

Balance sheet and other

Total assets, start of year
$15,479,756
Total assets, end of year
$13,804,415
Total liabilities, end of year
$12,923,995
Net assets, end of year
$880,420
Land, buildings and equipment
$1,234,289
Net assets without donor restrictions
-$702,564
Net assets with donor restrictions
$1,582,984
Gross receipts
$10,547,968
Employees
114
Volunteers
19
Year formed
1981
State of legal domicile
PA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN J LYNCH IIIEX-OFFICIO TRUSTEE
Trustee or director
1$0$2,611,084$691,538
KATHLEEN GALBRAITHEX-OFFICIO TRUSTEE
Trustee or director
1$0$902,513$143,159
PATRICK ROSS JREX-OFFICIO TRUSTEE
Trustee or director
1$0$940,023$53,304
JOSEPH GOBERNEX-OFFICIO TRUSTEE
Trustee or director
1$0$674,474$39,310
PAUL COADYEX-OFFICIO TRUSTEE
Trustee or director
1$0$535,053$39,402
GEORGE C PRENDERGASTPRESIDENT & EX-OFFICIO TRUSTEE
Trustee or director, Officer
40$519,153$0$49,788
SCOTT DESSAINASSOC. PROF / HAT DIR
Highest-paid employee
40$229,403$0$43,795
ELLEN HEBER-KATZPROFESSOR
Highest-paid employee
40$191,650$0$31,541
MELVIN REICHMANSENIOR INVESTIGATOR
Highest-paid employee
40$176,843$0$34,597
PETER R KOWEYTRUSTEE
Trustee or director
1$0$174,706$29,440
SAMUEL DIIANNITREASURER
Officer
40$190,178$0$12,255
Matthew FinleyVICE PRESIDENT
Officer
40$163,218$0$21,763
JAMES MULLINPROFESSOR
Highest-paid employee
40$163,122$0$11,322
SUSAN GILMOURPROFESSOR
Highest-paid employee
40$161,047$0$9,314
PAUL B GILMANTRUSTEE
Trustee or director
1$153,950$0$0
13 more people on this return
NameTitleHours / weekCompensationOther / benefits
JOHN WELLENBACHSECRETARY
Officer
40$122,995$29,345
Alfred W Putnam JrEX-OFFICIO TRUSTEE
Trustee or director
1$0$0
ALICE D CHASETRUSTEE
Trustee or director
1$0$0
ELIZABETH WILKINSTRUSTEE
Trustee or director
1$0$0
I WISTAR MORRISTRUSTEE
Trustee or director
1$0$0
JONATHAN CHARLES FOXTRUSTEE
Trustee or director
1$0$0
LAWRENCE LIVORNESEEX-OFFICIO TRUSTEE
Trustee or director
1$0$0
PETER H HAVENSCHAIRMAN & TRUSTEE
Trustee or director, Officer
1$0$0
SARA SENIORTRUSTEE
Trustee or director
1$0$0
AMBER SALZMANTRUSTEE
Trustee or director
1$0$0
KAREN GOTTING-SMITHTrustee
Trustee or director
1$0$0
LEILA GORDONTRUSTEE
Trustee or director
1$0$0
STEVEN HIGGINSEX-OFFICIO TRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 28 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN J LYNCH IIIEX-OFFICIO TRUSTEE
Trustee or director
1$0$2,587,326$418,770
KATHLEEN GALBRAITHEX-OFFICIO TRUSTEE
Trustee or director
1$0$825,000$131,765
PATRICK ROSS JREX-OFFICIO TRUSTEE
Trustee or director
1$0$855,169$52,758
JOSEPH GOBERNEX-OFFICIO TRUSTEE
Trustee or director
1$0$579,138$40,211
PAUL COADYEX-OFFICIO TRUSTEE
Trustee or director
1$0$554,765$38,826
GEORGE C PRENDERGASTPRESIDENT & EX-OFFICIO TRUSTEE
Trustee or director, Officer
40$473,815$0$49,247
PETER R KOWEYTRUSTEE
Trustee or director
1$0$239,633$32,983
SCOTT DESSAINASSOC. PROF / HAT DIR
Highest-paid employee
40$226,111$0$44,066
ELLEN HEBER-KATZPROFESSOR
Highest-paid employee
40$187,797$0$31,621
TAM MAI-NGUYENTREASURER (UNTIL OCT 2023)
Officer
40$185,267$0$30,068
MELVIN REICHMANSENIOR INVESTIGATOR
Highest-paid employee
40$166,861$0$34,175
SUSAN GILMOURPROFESSOR
Highest-paid employee
40$170,581$0$29,810
JAMES MULLINPROFESSOR
Highest-paid employee
40$167,671$0$15,442
PAUL B GILMANTRUSTEE
Trustee or director
1$174,099$0$0
JOHN WELLENBACHSECRETARY
Officer
40$118,215$0$30,480
SAMUEL DIIANNITREASURER (START OCT 2023)
Officer
40$29,115$0$1,765
Alfred W Putnam JrEX-OFFICIO TRUSTEE
Trustee or director
1$0$0$0
ALICE D CHASETRUSTEE
Trustee or director
1$0$0$0
ELIZABETH WILKINSTRUSTEE
Trustee or director
1$0$0$0
I WISTAR MORRISTRUSTEE
Trustee or director
1$0$0$0
JONATHAN CHARLES FOXTRUSTEE
Trustee or director
1$0$0$0
LAWRENCE LIVORNESEEX-OFFICIO TRUSTEE
Trustee or director
1$0$0$0
PETER H HAVENSCHAIRMAN & TRUSTEE
Trustee or director, Officer
1$0$0$0
SARA SENIORTRUSTEE
Trustee or director
1$0$0$0
AMBER SALZMANTRUSTEE
Trustee or director
1$0$0$0
KAREN GOTTING-SMITHTrustee
Trustee or director
1$0$0$0
LEILA GORDONTRUSTEE
Trustee or director
1$0$0$0
STEVEN HIGGINSEX-OFFICIO TRUSTEE
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 32 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN J LYNCH IIIEX-OFFICIO TRUSTEE
Trustee or director
1$0$2,005,175$597,253
PATRICK ROSS JREX-OFFICIO TRUSTEE
Trustee or director
1$0$868,681$54,198
ALEXANDER URIBEEX-OFFICIO TRUSTEE
Trustee or director
1$0$719,002$35,579
JOSEPH GOBERNEX-OFFICIO TRUSTEE
Trustee or director
1$0$554,347$43,238
GEORGE C PRENDERGASTPRESIDENT & EX-OFFICIO TRUSTEE
Trustee or director, Officer
40$431,551$0$47,466
PETER R KOWEYTRUSTEE
Trustee or director
1$0$299,486$35,424
KATHLEEN GALBRAITHEX-OFFICIO TRUSTEE
Trustee or director
1$0$204,098$76,337
SCOTT DESSAINASSOC. PROF / HAT DIR
Key employee
40$223,438$0$42,481
ELLEN HEBER-KATZPROFESSOR
Key employee
40$209,523$0$31,491
TAM MAI-NGUYENTreasurer
Officer
40$183,360$0$29,081
SUSAN GILMOURPROFESSOR
Key employee
40$179,504$0$29,007
JAMES MULLINPROFESSOR
Key employee
40$166,950$0$32,190
MELVIN REICHMANSENIOR INVESTIGATOR
Key employee
40$162,921$0$32,302
PAUL B GILMANTRUSTEE
Trustee or director
1$190,244$0$0
ALEXANDER MULLERASSOCIATE PROFESSOR
Highest-paid employee
40$144,473$0$37,789
PATRICK VIATOURASSOCIATE PROFESSOR
Highest-paid employee
40$137,333$0$34,740
ANTHONY ASHTONPROFESSOR
Highest-paid employee
40$145,331$0$17,477
MATTHEW FINLEYDIV DIR., RESEARCH ADMIN.
Highest-paid employee
40$139,635$0$17,608
LISA LAURY-KLEINTOPAssociate Professor
Highest-paid employee
40$135,839$0$16,834
JOHN WELLENBACHSECRETARY
Officer
40$121,959$0$27,679
Alfred W Putnam JrEX-OFFICIO TRUSTEE
Trustee or director
1$0$0$0
ALICE D CHASETRUSTEE
Trustee or director
1$0$0$0
ELIZABETH WILKINSTRUSTEE
Trustee or director
1$0$0$0
I WISTAR MORRISTRUSTEE
Trustee or director
1$0$0$0
JONATHAN CHARLES FOXTRUSTEE
Trustee or director
1$0$0$0
LAWRENCE LIVORNESEEX-OFFICIO TRUSTEE
Trustee or director
1$0$0$0
PETER H HAVENSCHAIRMAN & TRUSTEE
Trustee or director, Officer
1$0$0$0
SARA SENIORTRUSTEE
Trustee or director
1$0$0$0
AMBER SALZMANTRUSTEE
Trustee or director
1$0$0$0
KAREN GOTTING-SMITHTrustee
Trustee or director
1$0$0$0
LEILA GORDONTRUSTEE
Trustee or director
1$0$0$0
STEVEN HIGGINSEX-OFFICIO TRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
240 N RADNOR CHESTER RD STE170, RADNOR, PA 19087-5170
In care of
% LINDA BRILL CONTROLLER
Principal officer (990 for 2024)
George C Prendergast, 100 Lancaster Avenue, Wynnewood, PA 19096
Signed the 990
GEORGE C PRENDERGAST PHD, PRESIDENT
Phone
(484) 476-2755
Return prepared by
PwC US Tax LLP

Mission

OUR MISSION IS TO ADVANCE HUMAN HEALTH AND WELL BEING THROUGH RESEARCH, TO IMPROVE THE DETECTION & TREATMENT OF DISEASE, TO RAPIDLY TRANSFER NEW TECHNOLOGY TO THE CLINIC, AND TO TRAIN THE NEXT GENERATION OF SCIENTISTS & PHYSICIANS.

990 for the year ended June 30, 2025

Program accomplishments

  • Basic Research LIMR Basic Research focuses on the advancement of knowledge for various diseases and conditions. In conjunction with LIMR's core research programs in cancer and cardiovascular disease, LIMR investigators also study arthritis, diabetes, lupus, infectious disease, neurological disorders, gastrointestinal disease and regenerative medicine, all with the goal of improving health and well-being.
    Expenses $9,900,216 · revenue $351,136
  • Clinical Research LIMR Clinical Research is conducted primarily in oncology and cardiology but also includes other diseases and disorders. This means patients and participants have access to state-of-the-art clinical trials and new treatments before they become available to the general public. This allows patients to be more active in their health care.
    Expenses $4,717,387 · revenue $3,604,952
  • New Technology / Innovations / Other LIMR has initiated a unique hybrid mix of knowledge-based academic culture with invention-based entrepreneurial culture. It is called an ACAPRENEURIAL strategy. To date, more than 15 biomedical start-up companies have incubated in LIMR side-by-side with our research laboratories.
    Expenses $415,343

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-2175659
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1982
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,804,415
Income (IRS master file)
$10,547,968

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$9,978,219$17,707,487$13,804,415IRS
990-TJune 2025–––IRS
990June 2024$10,729,900$19,922,017$15,479,756IRS
990-TJune 2024–––IRS
990June 2023$12,208,295$19,218,522$17,942,853XML
990-TJune 2023–––IRS
990June 2022$11,705,452$18,256,170$20,445,147IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 23-2175659).

Questions about LANKENAU INSTITUTE FOR MEDICAL RESEARCH

What is the EIN of LANKENAU INSTITUTE FOR MEDICAL RESEARCH?
The employer identification number (EIN) of LANKENAU INSTITUTE FOR MEDICAL RESEARCH is 23-2175659.
Is LANKENAU INSTITUTE FOR MEDICAL RESEARCH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to LANKENAU INSTITUTE FOR MEDICAL RESEARCH tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LANKENAU INSTITUTE FOR MEDICAL RESEARCH 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 LANKENAU INSTITUTE FOR MEDICAL RESEARCH due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LANKENAU INSTITUTE FOR MEDICAL RESEARCH last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LANKENAU INSTITUTE FOR MEDICAL RESEARCH?
The 990 for the year ended June 30, 2025 names George C Prendergast.
Who are the officers and directors of LANKENAU INSTITUTE FOR MEDICAL RESEARCH?
The 990 for the year ended June 30, 2025 lists 28 people; 10 received compensation from the organization.
How much revenue does LANKENAU INSTITUTE FOR MEDICAL RESEARCH have?
On its 990 for the year ended June 30, 2025 it reported revenue of $9,978,219, expenses of $17,707,487 and total assets of $13,804,415 at year end.

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