Nonprofit · EIN 56-1655431
INSTITUTE FOR MEDICAL RESEARCH INC
Tax-exempt · DURHAM, NC 27705
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $13,751,223 | $16,492,767 | -$2,741,544 | $11,133,168 | $2,122,577 | $9,010,591 |
| September 30, 2024 | 990 | $22,414,622 | $19,158,995 | $3,255,627 | $13,954,317 | $2,262,307 | $11,692,010 |
| September 30, 2023 | 990 | $20,756,676 | $15,766,250 | $4,990,426 | $13,072,926 | $4,636,548 | $8,436,378 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $13,676,185
- Investment income
- $68,190
- Other revenue
- $6,848
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $318,458
- Other salaries and wages
- $11,274,189
- Salaries, compensation and benefits (total)
- $13,466,462
- Professional fundraising fees
- $0
- Legal fees
- $72,098
- Accounting fees
- $33,512
- Occupancy
- $297,876
- Travel
- $107,550
- Depreciation
- $21,845
- Program services (functional)
- $14,556,763
- Management and general (functional)
- $1,936,004
Balance sheet and other
- Total assets, start of year
- $13,954,317
- Total assets, end of year
- $11,133,168
- Total liabilities, end of year
- $2,122,577
- Net assets, end of year
- $9,010,591
- Land, buildings and equipment
- $73,047
- Net assets without donor restrictions
- $8,991,694
- Net assets with donor restrictions
- $18,897
- Gross receipts
- $13,751,223
- Employees
- 285
- Year formed
- 1989
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| LIANA PUSCAS MD | SECRETARY/TR Trustee or director, Officer | 2 | $0 | $427,457 |
| KENNETH GOLDBERG MD | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $344,385 |
| DAVID EDELMAN MD | PRESIDENT Trustee or director, Officer | 5 | $0 | $279,588 |
| ALYSHIA SMITH DNP | DIRECTOR Trustee or director | 2 | $0 | $228,705 |
| AMANDA DE HOEDT | RESEARCH DIR Highest-paid employee | 40 | $172,072 | $0 |
| CAROL MEYER | EXEC DIR Officer | 40 | $149,979 | $0 |
| ERIKA WILLIAMSON | TECH SOL MGR Highest-paid employee | 40 | $146,188 | $0 |
| JENNIFER G CHAPMAN | PHASER PM Highest-paid employee | 40 | $142,018 | $0 |
| MICHAEL T BURNS | DIR OF TECH Highest-paid employee | 40 | $138,699 | $0 |
| KRISTINA N SIGMON | SR BIOSTATIS Highest-paid employee | 40 | $131,158 | $0 |
| NIRMA ACOSTA | CFO Officer | 40 | $87,152 | $0 |
| MICHAEL HOFFPAUIR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRIAN LETOURNEAU | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DENNIS SHIPMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| LIANA PUSCAS MD | SECRETARY/TR Trustee or director, Officer | 2 | $0 | $395,039 |
| KENNETH GOLDBERG MD | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $333,133 |
| DAVID EDELMAN MD | PRESIDENT Trustee or director, Officer | 5 | $0 | $247,643 |
| ALYSHIA SMITH DNP | DIRECTOR Trustee or director | 2 | $0 | $228,705 |
| CAROL MEYER | EXECUTIVE DI Officer | 40 | $149,979 | $0 |
| RANKIN MCKENZIE LLC | FRAC CFO Officer | 16 | $126,575 | $0 |
| NIRMA ACOSTA | CFO Officer | 40 | $87,152 | $0 |
| MICHELE PACKARD-MILAM | INT EXEC DIR Officer | 40 | $80,317 | $0 |
| BRIAN LETOURNEAU | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DENNIS SHIPMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| LIANA PUSCAS MD | SECRETARY/TR Trustee or director, Officer | 2 | $0 | $395,036 |
| KENNETH GOLDBERG MD | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $337,448 |
| DAVID EDELMAN MD | PRESIDENT Trustee or director, Officer | 5 | $0 | $244,118 |
| ALYSHIA SMITH DNP | DIRECTOR Trustee or director | 2 | $0 | $209,300 |
| JEFFREY SMITH | FMR EX DIR Officer | 40 | $93,956 | $0 |
| RANKIN MCKENZIE LLC | FRAC CFO Officer | 16 | $13,020 | $0 |
| MEGAN MADDEN | CFO Officer | 40 | $9,639 | $0 |
| BRIAN LETOURNEAU | DIRECTOR Trustee or director | 2 | $5,800 | $0 |
| DENNIS SHIPMAN | DIRECTOR Trustee or director | 2 | $1,000 | $0 |
| PHIL LANDIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT ADAMS MD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHELE PACKARD-MILAM | INT EXEC DIR Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 508 FULTON ST IMR-151, DURHAM, NC 27705-3875
- Principal officer (990 for 2024)
- CAROL MEYER, 508 FULTON ST 151-IMR, DURHAM, NC 27705
- Signed the 990
- CAROL MEYER, EXEC DIR
- Phone
- (984) 250-7013
- Website
- IMR.ORG
- Return prepared by
- FINANCIAL SOLUTION ADVISORS LLC
Mission
THE PURPOSE OF THE INSTITUTE OF MEDICAL RESEARCH, INC. IS TO SUPPORT RESEARCH AND EDUCATION THROUGHOUT THE DURHAM VETERANS AFFAIRS HEALTHCARE SYSTEM TO ENHANCE THE HEALTH AND LIVES OF VETERANS, THEIR FAMILIES AND THE PUBLIC AT LARGE.
Program accomplishments
- SUPPORTED A MEDICAL TRAINING AND EDUCATION PROGRAM TO SUPPORT THE VA PHARMACOGENOMICS ACTION FOR CANCER SURVIVORSHIP (PHASER). EXPANDED ACCESS TO PHARMACOGENOMIC (PGX) TESTING, INCLUDING PROVIDING BASIC PGX EDUCATION, TO AN ADDITIONAL 10,000 VETERANS SEEN ACROSS ALL BUT TWO VA HEALTHCARE SYSTEMS NATIONWIDE.Expenses $14,556,763 · revenue $13,676,185
- SUPPORTED NUMEROUS PROJECTS TO FURTHER AID WITH THE DIAGNOSIS, RISK STRATIFICATION AND LIFESTYLE INTERVENTION FOR THE BENEFIT OF UROLOGY AND ONCOLOGY PATIENTS.
- ACCOMMODATED CONTINUED GROWTH OF A PROSTATE CANCER PROGRAM TO ADD MULTIPLE PROJECTS, ADDING THOUSANDS OF PATIENTS AND NEW AVENUES OF PATIENT EDUCATION AND POTENTIAL TREATMENT.
- INITIATED A FOOD IS MEDICINE PROJECT SERVING VETERANS.
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 56-1655431
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $11,133,168
- Income (IRS master file)
- $13,751,223
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $13,751,223 | $16,492,767 | $11,133,168 | IRS |
| 990 | September 2024 | $22,414,622 | $19,158,995 | $13,954,317 | XML |
| 990 | September 2023 | $20,756,676 | $15,766,250 | $13,072,926 | XML |
| 990 | September 2022 | $7,876,347 | $9,947,872 | $5,835,101 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 56-1655431).
Questions about INSTITUTE FOR MEDICAL RESEARCH INC
- What is the EIN of INSTITUTE FOR MEDICAL RESEARCH INC?
- The employer identification number (EIN) of INSTITUTE FOR MEDICAL RESEARCH INC is 56-1655431.
- Is INSTITUTE FOR MEDICAL RESEARCH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to INSTITUTE FOR MEDICAL RESEARCH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE FOR MEDICAL RESEARCH 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 INSTITUTE FOR MEDICAL RESEARCH INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE FOR MEDICAL RESEARCH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of INSTITUTE FOR MEDICAL RESEARCH INC?
- The 990 for the year ended September 30, 2025 names CAROL MEYER.
- Who are the officers and directors of INSTITUTE FOR MEDICAL RESEARCH INC?
- The 990 for the year ended September 30, 2025 lists 14 people; 7 received compensation from the organization.
- How much revenue does INSTITUTE FOR MEDICAL RESEARCH INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $13,751,223, expenses of $16,492,767 and total assets of $11,133,168 at year end.
Other nonprofits in DURHAM
- DUKE UNIVERSITY HEALTH SYSTEM INC EIN 56-2070036 · last filed 990 for 2025
- DUKE UNIVERSITY EIN 56-0532129 · last filed 990 for 2025
- GOTHIC CORPORATION EIN 56-1776668 · last filed 990 for 2025
- DUKE HEALTH INTEGRATED PRACTICE INC EIN 86-2109896 · last filed 990 for 2025
- GOTHIC HSP CORPORATION EIN 27-1325761 · last filed 990 for 2025
- FAMILY HEALTH INTERNATIONAL EIN 23-7413005 · last filed 990 for 2025
- L C IND INC EIN 56-0686307 · last filed 990 for 2025
- NCINNOVATION INC EIN 84-4902334 · last filed 990 for 2025