Nonprofit · EIN 83-3891656
TERMEER INSTITUTE INC
Tax-exempt · MARBLEHEAD, MA 01945
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,105,285 | $2,276,741 | -$171,456 | $1,840,279 | $194,614 | $1,645,665 |
| December 31, 2024 | 990 | $3,507,717 | $2,378,434 | $1,129,283 | $2,120,553 | $303,432 | $1,817,121 |
| December 31, 2023 | 990 | $521,229 | $1,878,601 | -$1,357,372 | $1,118,396 | $430,558 | $687,838 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,060,221
- Program service revenue
- $0
- Investment income
- $45,064
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $39,902
- Compensation of officers, directors and key employees
- $372,268
- Other salaries and wages
- $682,415
- Salaries, compensation and benefits (total)
- $1,258,554
- Professional fundraising fees
- $4,200
- Legal fees
- $13,445
- Accounting fees
- $71,170
- Occupancy
- $157,063
- Travel
- $51,455
- Depreciation
- $9,374
- Program services (functional)
- $1,481,766
- Management and general (functional)
- $392,264
- Fundraising (functional)
- $402,711
Balance sheet and other
- Total assets, start of year
- $2,120,553
- Total assets, end of year
- $1,840,279
- Total liabilities, end of year
- $194,614
- Net assets, end of year
- $1,645,665
- Net assets without donor restrictions
- $1,645,665
- Gross receipts
- $2,105,285
- Employees
- 9
- Volunteers
- 75
- Year formed
- 2019
- State of legal domicile
- MA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHARINE SMITH | CEO Officer | 40 | $338,830 | $33,438 |
| CHRISTINE COLE | SENIOR DIRECTOR, PHILANTHROPY Highest-paid employee | 40 | $234,939 | $37,682 |
| ERICA MAWBY-ROCHE | SENIOR DIRECTOR OF PROGRAM Highest-paid employee | 40 | $168,561 | $30,168 |
| BELINDA TERMEER | PRESIDENT, SECRETARY, CO-FOUNDER Trustee or director, Officer | 0.5 | $0 | $0 |
| ALAN WALTS | TREASURER, CO-FOUNDER Trustee or director, Officer | 0.5 | $0 | $0 |
| DEBORAH DUNSIRE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| GEOFF MCDONOUGH | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PAUL HASTINGS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DANIEL DE BOER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOHN MARAGANORE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOAN REEDE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ALICE POMPONIO | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| GAIL MADERIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHARINE SMITH | EXECUTIVE DIRECTOR Officer | 40 | $333,215 | $38,944 |
| CHRISTINE COLE | SENIOR DIRECTOR, PHILANTHR Highest-paid employee | 40 | $224,370 | $44,428 |
| ERICA MAWBY-ROCHE | SENIOR DIRECTOR OF PROGRAM Highest-paid employee | 40 | $160,463 | $37,905 |
| BELINDA TERMEER | PRESIDENT & CLERK Trustee or director, Officer | 0.5 | $0 | $0 |
| ALAN WALTS | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| DEBORAH DUNSIRE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| GEOFF MCDONOUGH | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PAUL HASTINGS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| GAIL MADERIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOHN MARANGANORE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ALICE POMPONIO | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOAN REEDE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHARINE SMITH | EXECUTIVE DIRECTOR Officer | 40 | $279,963 | $26,436 |
| ERICA MAWBY-ROCHE | SENIOR DIRECTOR OF PROGRAMS Highest-paid employee | 40 | $155,325 | $27,342 |
| CHRISTINE COLE | SENIOR DIRECTOR, PHILANTHROPY AND PARTNERSHIPS Highest-paid employee | 40 | $148,055 | $27,282 |
| BELINDA TERMEER | PRESIDENT & CLERK Trustee or director, Officer | 0.5 | $0 | $0 |
| ALAN WALTS | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| GAIL MADERIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOHN MARAGANORE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOAN REEDE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PAUL HASTINGS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ALICE POMPONIO | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 396 OCEAN AVE, MARBLEHEAD, MA 01945-3837
- Principal officer (990 for 2025)
- BELINDA TERMEER, PO BOX 425003, CAMBRIDGE, MA 02142
- Signed the 990
- BELINDA TERMEER, PRESIDENT
- Phone
- (617) 957-4054
- Website
- WWW.TERMEERINSTITUTE.ORG
- Return prepared by
- SMITH SULLIVAN & BROWN PC
Mission
THE TERMEER INSTITUTE IS A CATALYST FOR INNOVATION THAT BRINGS LIFE-CHANGING TREATMENTS TO PATIENTS WORLDWIDE. WE SUPPORT AND EMPOWER BRILLIANT LIFE SCIENCE LEADERS TO ADVANCE GROUNDBREAKING, PATIENT-CENTERED SOLUTIONS.
Program accomplishments
- TO DATE, OVER 100 LEADERS FROM NINE COUNTRIES AND SIX STATES HAVE BENEFITTED FROM THE TERMEER INSTITUTE'S GROWING LEADERSHIP PROGRAMS. WE HAVE ALSO EXPANDED OUR NETWORK TO INCLUDE TERMEER SCHOLARS, ACADEMIC AND NON-PROFIT LEADERS SEEKING TO SCALE AND DISSEMINATE THEIR KNOWLEDGE TO IMPACT PATIENTS. IN 2025, WE ADDED NINE NEW SCHOLARS TO OUR NETWORK FOR A TOTAL OF 14 TERMEER SCHOLARS ACROSS THE US AND AFRICA. IN 2025, WE UPDATED THE SCHOLARS PROGRAM TO A COHORT MODEL TO FOCUS ON LEADERSHIP AND RESEARCH TRANSLATION SKILL DEVELOPMENT, IN REPONSE TO FEEDBACK FROM PRIOR YEAR SCHOLARS. IN 2025, THE TERMEER INSTITUTE TEAM CONTINUED TO BUILD ITS VALUES-BASED LEADERSHIP MODEL- DELIVERING 25 LEARNING SESSIONS, AWARDING 20 MICRO GRANTS FOR PROFESSIONAL LEADERSHIP DEVELOPMENT, PROVIDING 150 1:1 COACHING HOURS WITH CONSULTANTS AND EXECUTIVE COACHES, CREATING 200+ MENTORING AND ADVISING RELATIONSHIPS WITHIN THE TERMEER NETWORK, PROVIDING 100 HOURS OF VALUES-DRIVEN LEADERSHIP PROGRAMMING, AND ORGANIZING OVER 15 IN-PERSON NETWORKING OPPORTUNITIES TO CREATE CONNECTIONS. THE TERMEER INSTITUTE IS COMMITTED TO ENSURING THE INCLUSIVENESS OF ITS NETWORK, PARTICULARLY IN RECOGNITION OF THE UNDERREPRESENTATION OF WOMEN, PEOPLE WITH DISABILITIES, LGBTQIA+ AND BLACK, BROWN AND INDIGENOUS PEOPLE OF COLOR AT THE EXECUTIVE LEVEL WITHIN THE BIOPHARMACEUTICAL INDUSTRY.Expenses $1,481,766 · grants $39,902
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 | 990 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
- 83-3891656
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H40)
- Assets (IRS master file)
- $1,840,279
- Income (IRS master file)
- $2,105,285
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,105,285 | $2,276,741 | $1,840,279 | IRS |
| 990 | December 2024 | $3,507,717 | $2,378,434 | $2,120,553 | XML |
| 990 | December 2023 | $521,229 | $1,878,601 | $1,118,396 | XML |
| 990 | December 2022 | $1,212,552 | $1,031,166 | $1,796,459 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 83-3891656).
Questions about TERMEER INSTITUTE INC
- What is the EIN of TERMEER INSTITUTE INC?
- The employer identification number (EIN) of TERMEER INSTITUTE INC is 83-3891656.
- Is TERMEER INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to TERMEER INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TERMEER INSTITUTE 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 TERMEER INSTITUTE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TERMEER INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of TERMEER INSTITUTE INC?
- The 990 for the year ended December 31, 2025 names BELINDA TERMEER.
- Who are the officers and directors of TERMEER INSTITUTE INC?
- The 990 for the year ended December 31, 2025 lists 13 people; 3 received compensation from the organization, the highest $338,830 (CATHARINE SMITH, CEO).
- How much revenue does TERMEER INSTITUTE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,105,285, expenses of $2,276,741 and total assets of $1,840,279 at year end.
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