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Nonprofit · EIN 46-3673346

SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C

Tax-exempt · NEW YORK, NY 10065

Financials

$18.7M$18.7M2023$16.6M$16.6M2024
Revenue Expenses · by fiscal year end
Financials of SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$16,577,142$16,577,142$0$7,307,418$7,307,418$0
December 31, 2023990$18,703,204$18,703,204$0$7,953,486$7,953,486$0
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$330,000
Program service revenue
$16,160,405
Investment income
$86,737
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$614,919
Other salaries and wages
$5,124,094
Salaries, compensation and benefits (total)
$7,847,293
Professional fundraising fees
$0
Legal fees
$57,131
Accounting fees
$104,887
Occupancy
$1,557,930
Travel
$34,034
Depreciation
$373,810
Program services (functional)
$15,393,838
Management and general (functional)
$1,183,304

Balance sheet and other

Total assets, start of year
$7,953,486
Total assets, end of year
$7,307,418
Total liabilities, end of year
$7,307,418
Net assets, end of year
$0
Land, buildings and equipment
$684,857
Gross receipts
$16,577,142
Employees
32
Volunteers
0
Year formed
2013
State of legal domicile
DE

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 / weekCompensationFrom related orgsOther / benefits
SELWYN VICKERS MDBOARD MEMBER
Trustee or director
0.5$0$6,637,012$342,150
ROBERT HARRINGTON MDBOARD MEMBER
Trustee or director
0.5$0$2,666,653$43,901
RICHARD P LIFTON MD PHDBOARD MEMBER
Trustee or director
0.5$0$1,308,593$285,349
BARBARA HEMPSTEAD MDBOARD MEMBER
Trustee or director
0.5$0$810,638$50,274
BARRY COLLER MDBOARD MEMBER
Trustee or director
0.5$0$716,817$123,955
DAVID SCHEINBERG MD PHDBOARD MEMBER
Trustee or director
0.5$0$685,687$71,956
PETER T MEINKE PHDSANDERS DIRECTOR
Officer
40$627,542$0$68,608
CARL NATHAN MDBOARD MEMBER
Trustee or director
0.5$0$625,253$68,608
NATHANIEL HEINTZ PHDBOARD MEMBER
Trustee or director
0.5$0$545,389$138,395
MICHAEL P VITALETREASURER
Officer
0.5$0$449,465$144,581
DEREK TAN PHDBOARD MEMBER
Trustee or director
0.5$0$490,815$85,209
MANUEL BACAVICE PRESIDENT, BIOLOGICS
Highest-paid employee
40$403,018$0$71,836
PATRICIA AHAVICE PRESIDENT, OPRATIONS
Highest-paid employee
40$300,813$0$60,121
NIGEL LIVERTON PHDVICE PRESIDENT, CHEMISTRY
Highest-paid employee
40$290,336$0$61,066
PAUL BALDERESSR. DIRECTOR
Highest-paid employee
40$280,506$0$61,100
1 more people on this return
NameTitleHours / weekCompensationOther / benefits
SANDRA LORBERVICE PRESIDENT, FINANCE
Highest-paid employee
40$255,246$47,104
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SELWYN VICKERS MDMEMBER OF THE BOARD OF DIR
Trustee or director
0$0$5,489,537$70,070
RICHARD P LIFTON MDPHDMEMBER OF THE BOARD OF DIR
Trustee or director
0$0$1,271,737$276,499
FRANCIS LEES MDMEMBER OF THE BOARD OF DIR 1/1/23-9/14/23
Trustee or director
0$0$1,296,545$82,438
ROBERT HARRINGTON MD EFFECTIVE 915MEMBER OF THE BOARD OF DIR
Trustee or director
0$0$1,059,593$8,980
BARRY COLLER MDMEMBER OF THE BOARD OF DIR
Trustee or director
0$0$700,493$121,428
BARBARA HEMPSTEAD MDMEMBER OF THE BOARD OF DIR
Trustee or director
0$0$735,940$49,371
DAVID SCHEINBERG MD PHDMEMBER OF THE BOARD OF DIR
Trustee or director
0$0$667,389$68,171
CARL NATHAN MDMEMBER OF THE BOARD OF DIR
Trustee or director
0$0$625,799$65,187
PETER T MEINKE PHDDIRECTOR
Officer
40$609,089$0$71,657
NATHANIEL HEINTZ PHDMEMBER OF THE BOARD OF DIR
Trustee or director
0$0$541,112$132,853
MICHAEL P VITALETREASURER
Officer
0$0$514,456$140,790
DEREK TAN PHDMEMBER OF THE BOARD OF DIR
Trustee or director
0$0$478,519$68,171
MANUEL BACAVICE PRESIDENT,BIOLOGICS T
Highest-paid employee
40$389,711$0$72,256
NIGEL LIVERTON PHDVICE PRESIDENT,CHEMISTRY
Highest-paid employee
40$280,923$0$69,751
PAUL BALDERESSR. DIRECTOR
Highest-paid employee
40$271,591$0$60,288
PATRICIA AHAVICE PRESIDENT, OPRATIONS
Highest-paid employee
40$228,289$0$56,740
SANDRA LORBERVICE PRESIDENT,FINANCE
Highest-paid employee
40$233,289$0$45,094

Address and contacts

Address (IRS master file)
1300 YORK AVE, NEW YORK, NY 10065-4805
In care of
% WEILL CORNELL MEDIC
Principal officer (990 for 2024)
PETER T MEINKE PHD, 1300 YORK AVENUE, NEW YORK, NY 10065
Signed the 990
PETER T MEINKE PHD, DIRECTOR
Phone
(212) 327-8704
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

TO FURTHER AND IMPROVE HEALTH AND THE DIAGNOSIS, PREVENTION AND TREATMENT OF DISEASE THROUGH RESEARCH, GENERATE INNOVATIVE PROOF-OF-CONCEPT STUDIES, AND ADVANCE THE SCIENTIFIC ACTIVITIES OF THE CONTROLLING INSTITUTIONS. (CONTINUED ON SCHEDULE O)THE SANDERS TRI-INSTITUTIONAL THERAPEUTICS DISCOVERY INSTITUTE, INC. WAS ORGANIZED AND IS OPERATED AS AN INDEPENDENT, NON-PROFIT CORPORATION, CONTROLLED BY LEADING NOT-FOR-PROFIT ACADEMIC, MEDICAL AND RESEARCH INSTITUTIONS, TO FURTHER AND IMPROVE HEALTH AND THE DIAGNOSIS, PREVENTION AND TREATMENT OF DISEASE THROUGH TRANSLATIONAL RESEARCH, GENERATE INNOVATIVE PROOF-OF-CONCEPT STUDIES, AND ADVANCE THE SCIENTIFIC ACTIVITIES OF THE CONTROLLING INSTITUTIONS (MEMORIAL SLOAN KETTERING CANCER CENTER, THE ROCKEFELLER UNIVERSITY, AND WEILL CORNELL MEDICAL COLLEGE) FACULTY, FELLOWS AND STUDENTS IN ASPECTS OF TRANSLATIONAL RESEARCH, CHEMISTRY, PHARMACOLOGY, AND DRUG DISCOVERY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE SANDERS TRI-INSTITUTIONAL THERAPEUTICS DISCOVERY INSTITUTE, A PARTNERSHIP AMONG THREE WORLD-RENOWNED SCIENTIFIC AND MEDICAL INSTITUTIONS, WORKS TO MORE EFFECTIVELY DEVELOP THERAPEUTICS THAT ARISE FROM DISCOVERIES MADE IN BASIC SCIENCE LABS. WITH A FOCUS ON EARLY-STAGE DRUG DISCOVERY, THE INSTITUTE PROVIDES EXPERTISE IN MEDICINAL CHEMISTRY AND COMPOUND SCREENING, AND CONDUCTS PROOF OF CONCEPT STUDIES NEEDED TO DEMONSTRATE THAT DRUG CANDIDATES CAN SUCCESSFULLY ALTER THE COURSE OF A DISEASE. SPECIFIC RESEARCH PROJECTS FOCUS ON ALZHEIMERS DISEASE, SICKLE CELL, OSTEOPOROSIS, LYSOSOMAL, LIPID DEPOSITS, PARKINSON'S AND BASAL CELL CARCINOMA.
    Expenses $12,080,116 · revenue $12,846,683
  • THE INSTITUTE FACILITATES MORE EFFICIENT SHARING OF CORE FACILITIES BETWEEN THE THREE PARTNER INSTITUTIONS AND FORMS INDUSTRY PARTNERSHIPS WITH PHARMACEUTICAL AND BIOTECH COMPANIES TO FURTHER ADVANCE DRUG RESEARCH. IT SEEKS TO CREATE INTELLECTUAL PROPERTY THAT CAN BE FURTHER DEVELOPED BY AN OPEN FIELD OF INDUSTRY COLLABORATORS. THE MAJORITY OF SUCH SERVICES RELATE TO MEDICINAL CHEMISTRY SUPPORT.
    Expenses $3,313,722 · revenue $3,313,722

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
46-3673346
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H99)
Assets (IRS master file)
$7,307,418
Income (IRS master file)
$16,577,142

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$16,577,142$16,577,142$7,307,418XML
990December 2023$18,703,204$18,703,204$7,953,486XML
990December 2022$17,034,275$17,034,275$8,782,111IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 46-3673346).

Questions about SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C

What is the EIN of SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C?
The employer identification number (EIN) of SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C is 46-3673346.
Is SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C 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 SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C 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 SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C 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 SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C?
The 990 for the year ended December 31, 2024 names PETER T MEINKE PHD.
Who are the officers and directors of SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C?
The 990 for the year ended December 31, 2024 lists 16 people; 6 received compensation from the organization.
How much revenue does SANDERS TRI-INSTITUTIONAL THERAPEUT DISCOVERY INSTITUTE INC CO WEILL C have?
On its 990 for the year ended December 31, 2024 it reported revenue of $16,577,142, expenses of $16,577,142 and total assets of $7,307,418 at year end.

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