Nonprofit · EIN 27-1408673
FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION
Tax-exempt · OYSTER BAY, NY 11771
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2025 | 990 | $110,348 | $56,289 | $54,059 | $853,744 | $1 | $853,743 |
| November 30, 2024 | 990 | $75,048 | $57,455 | $17,593 | $799,559 | $0 | $799,559 |
| November 30, 2023 | 990 | $92,320 | $82,926 | $9,394 | $781,966 | $0 | $781,966 |
Financial details: 990 for the year ended November 30, 2025
Revenue
- Contributions, gifts and grants
- $79,036
- Program service revenue
- $0
- Investment income
- $31,312
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $25,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,900
- Program services (functional)
- $56,289
Balance sheet and other
- Total assets, start of year
- $799,684
- Total assets, end of year
- $853,744
- Total liabilities, end of year
- $1
- Net assets, end of year
- $853,743
- Net assets without donor restrictions
- $853,743
- Gross receipts
- $110,348
- Employees
- 0
- Year formed
- 2009
- State of legal domicile
- NY
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 November 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOWARD KERPEN MD FACP | President Trustee or director, Officer | 7 | $0 |
| BETTY KERPEN | Secretary/Treas Trustee or director, Officer | 7 | $0 |
| HARRY STEINBERG MD | Director Trustee or director | 1 | $0 |
| PAUL GITMAN MD MACP | Director Trustee or director | 1 | $0 |
| HARRY STEINBERG MD | Director Trustee or director | 1 | $0 |
| STEVEN ORSHAN MD | Director Trustee or director | 1 | $0 |
| RACHEL PESSAH POLLACK MD | Director Trustee or director | 1 | $0 |
990 for the year ended November 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOWARD KERPEN MD FACP | President Trustee or director, Officer | 7 | $0 |
| BETTY KERPEN | Secretary/Treas Trustee or director, Officer | 7 | $0 |
| HARRY STEINBERG MD | Director Trustee or director | 1 | $0 |
| PAUL GITMAN MD MACP | Director Trustee or director | 1 | $0 |
| HARRY STEINBERG MD | Director Trustee or director | 1 | $0 |
| STEVEN ORSHAN MD | Director Trustee or director | 1 | $0 |
| RACHEL PESSAH POLLACK MD | Director Trustee or director | 1 | $0 |
990 for the year ended November 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOWARD KERPEN MD FACP | President Trustee or director, Officer | 7 | $0 |
| BETTY KERPEN | Secretary/Treas Trustee or director, Officer | 7 | $0 |
| HARRY STEINBERG MD | Director Trustee or director | 1 | $0 |
| PAUL GITMAN MD MACP | Director Trustee or director | 1 | $0 |
| HARRY STEINBERG MD | Director Trustee or director | 1 | $0 |
| STEVEN ORSHAN MD | Director Trustee or director | 1 | $0 |
| RACHEL PESSAH POLLACK MD | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 225 HILLCREST LN, OYSTER BAY, NY 11771-2808
- Principal officer (990 for 2024)
- HOWARD KERPEN MD FACP, 225 HILLCREST LANE, OYSTER BAY, NY 11771
- Signed the 990
- HOWARD KERPEN MD FACP, President
- Phone
- (516) 922-3383
- Return prepared by
- George Follini JrCPA PC
Mission
THE FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION INTENDS TO ENHANCE THE PURSUIT OF INNOVATIVE CONCEPTS IN THE FIELD OF MEDICINE. MORE SPECIFICALLY, ADDITIONAL GOALS ARE AS FOLLOWS: A) IMBUE WITHIN MEDICAL STUDENTS AND RESIDENTS A SENSE OF COMMUNITY OBLIGATION AND AN ONGOING DEDICATION TO CONTINUED LIFELONG LEARNINGB) EXPLORE NOVEL MEANS OF ENHANCING THE EDUCATION OF PRACTIONERS,EXPOSE PRACTIONERS TO EVOLVING TOPICS IN MEDICINE, AND TO INCORPORATE THEM INTO TEACHING THE NEWEST GENERATION OF PHYICIANS-IN-TRAINING. (IN OTHER WORDS, WE SEEK TALENTED PHYICIANS, SEEK WAYS TO ENSURE THEY ARE UP-TO-DATE & FIND WAYS TO USE THEM TO TEACH DOCTORS-IN-TRAINING.)C) EMPHASIZE THE USE OF MEDICAL INFORMATICS TO STREAMLINE LEARNING, AND TO DEVELOPE TOOLS BY WHICH HOUSE OFFICERS CAN BETTER COMMUNICATE WITH EACH OTHER AS WELL AS OTHER HEALTH CARE DELIVERERS, AND THUS REDUCE MEDICAL ERRORS.D) IDENTIFY SENTINEL EVENTS WHICH REPRESENT GLOBAL DEFICITS IN MEDICAL KNOWLEDGE AND SEEK TO CORRECT THEM.E) DEVELO
Program accomplishments
- THE FOUNDATION FOR INNOVATIONS IN MEDICAL REASEARCH, INC HAS ACHIEVED ITS MISSION BY PROVIDING SUPPORT TO MEDICAL EDUCATION AND TEACHING OF MEDICINE.Expenses $56,289 · grants $25,000
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 November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | 990 on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990 on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990 on file |
IRS record
- EIN
- 27-1408673
- 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
- 2010
- Accounting year ends
- November
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E80)
- Assets (IRS master file)
- $853,744
- Income (IRS master file)
- $110,348
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | November 2025 | $110,348 | $56,289 | $853,744 | XML |
| 990 | November 2024 | $75,048 | $57,455 | $799,559 | XML |
| 990 | November 2023 | $92,320 | $82,926 | $781,966 | XML |
| 990 | November 2022 | $74,716 | $17,548 | $772,572 | IRS |
| 990 | November 2021 | – | – | – | IRS |
| 990 | November 2020 | – | – | – | IRS |
| 990 | November 2019 | – | – | – | IRS |
| 990 | November 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 27-1408673).
Questions about FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION
- What is the EIN of FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION?
- The employer identification number (EIN) of FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION is 27-1408673.
- Is FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION 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 FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION due?
- The return for tax year 2025 (the year ending November 30, 2026) is due April 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended November 2025.
- Who is the principal officer of FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION?
- The 990 for the year ended November 30, 2025 names HOWARD KERPEN MD FACP.
- Who are the officers and directors of FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION?
- The 990 for the year ended November 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION FOR INNOVATIONS IN MEDICAL EDUCATION have?
- On its 990 for the year ended November 30, 2025 it reported revenue of $110,348, expenses of $56,289 and total assets of $853,744 at year end.
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