2024-11-15T10:46:10-05:00 2023-12-31 461041593 FINANCIAL SOLUTION ADVISORS PLLC 4350 PABLO PROFESSIONAL CT STE 200 JACKSONVILLE FL 322243224 990 2023-01-01 710675830 BIOMEDICAL RESEARCH FOUNDATION BIOM 5012574516 4300 WEST 7TH STREET LITTLE ROCK AR 72205 ALAN WOLFMAN EXECUTIVE DIRECTOR 5012574517 2024-05-29 true MICHAEL B MCLEOD CPA P00966646 9042962024 2024-11-15 2023 2024-10-15 13:58:12Z ALAN WOLFMAN 4300 WEST 7TH STREET LITTLE ROCK AR 72205 2309859 false X WWW.BIOMEDICALRESEARCHFOUNDATION.ORG X 1989 AR ADVANCE THE RESEARCH AND EDUCATION MISSION OF THE DEPARTMENT OF VETERANS AFFAIRS BY SUPPORTING RESEARCH RELATED ACTIVITIES AT THE JOHN L. MCCLELLAN MEMORIAL VETERANS HOSPITAL IN LITTLE ROCK, ARKANSAS. 11 11 20 0 3989 0 1214351 1664539 3781 16320 -2846 0 1219275 1680859 0 0 1065766 973135 0 0 216029 149153 1281795 1122288 -62520 558571 1305966 1929717 101055 152514 1204911 1777203 ADVANCE THE RESEARCH AND EDUCATION MISSION OF THE DEPARTMENT OF VETERANS AFFAIRS BY SUPPORTING RESEARCH RELATED ACTIVITIES AT THE JOHN L. MCCLELLAN MEMORIAL VETERANS HOSPITAL IN LITTLE ROCK, ARKANSAS. false false 905934 1664539 THE FOUNDATION SUPPORTED BOTH CLINICAL AND BASIC RESEARCH PROJECTS DESIGNED TO BETTER TREAT AND UNDERSTAND HUMAN DISEASES. THESE RESEARCH EFFORTS WERE FOCUSED ON THOSE OF THE VETERAN POPULATION. APPROXIMATELY 30 STUDIES AT THE VA MEDICAL CENTER WERE SUPPORTED THROUGH FOUNDATION FUNDING. THOSE PROJECTS FOCUSED MAINLY IN THE AREAS OF CARDIOVASCULAR, VASCULAR, RENAL FUNCTION, HYPERTENSION, PTSD, AND AGING. MULTIPLE PEER REVIEW PUBLICATIONS WERE SUBMITTED FOR PUBLICATION ORIGINATING FROM THE STUDIES' RESULTS. 905934 true false false false false false false false false false true false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 1 0 20 true false false false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true false false AR X ALAN WOLFMAN 5012574516 4300 WEST 7TH STREET LITTLE ROCK AR 72205 MARGIE SCOTT DIRECTOR 1.00 X 0 461811 103202 JOHN GOCIO DIRECTOR 1.00 40.00 X 0 391044 115620 ERICA HIETT DIRECTOR 1.00 X 0 341822 99778 RICHARD OWEN VICE PRESIDE 1.00 40.00 X X 0 303213 95049 SHANNA PALMER PRESIDENT 1.00 X X 0 324374 71974 ALAN WOLFMAN EXECUTIVE DI 40.00 X 134423 0 4032 TERRY DEWITT DIRECTOR 1.00 X 0 0 0 RONDA S HENRY-TILLMAN DIRECTOR 1.00 X 0 0 0 SHUK-MEI HO DIRECTOR 1.00 X 0 0 0 MOHAMMED MOURSI DIRECTOR 1.00 X 0 0 0 134423 1822264 489655 1 false true false IPA REVENUE 541700 689751 689751 FEDERAL CONTRACT & GRANT REV 541700 595187 595187 NON-FED CONTRACT & GRANT REV 541700 323101 323101 EDUCATION REVENUE 541700 56500 56500 1664539 16320 16320 629000 629000 1680859 1680859 134423 134423 762747 742280 20467 12805 8211 4594 63160 51269 11891 3393 2545 848 12500 12500 44800 35825 8975 299 299 1153 643 510 833 520 313 8963 7437 1526 6223 5210 1013 7367 7367 14355 3327 11028 SUPPLIES 37328 35963 1365 PATIENT CARE 5463 5463 DUES AND SUBSCRIPTIONS 5428 -1473 6901 BAD DEBT EXPENSE 543 543 505 505 1122288 905934 216354 0 790544 594003 185676 1070409 302833 247672 2294 379 188523 171269 24619 17254 1305966 1929717 101055 152514 101055 152514 X 1149911 1722203 55000 55000 1204911 1777203 1305966 1929717 558571 13721 X false true X true false X JOHN L MCCLELLAN MEMORIAL VETERANS HOSPITAL LITTLE ROCK AR 188523 171269 17254 17254 X 1710780 13721 16200 29921 1680859 1680859 1138488 16200 16200 1122288 1122288 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION PERIODICALLY ASSESSES WHETHER IT HAS INCURRED INCOME TAX EXPENSE OR RELATED INTEREST OR PENALTIES IN ACCORDANCE WITH ACCOUNTING FOR UNCERTAIN TAX POSITIONS. NO SUCH AMOUNTS WERE RECOGNIZED FOR THE YEARS ENDING DECEMBER 31, 2023 AND 2022, RESPECTIVELY. THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS EVALUATED THEIR TAX POSITIONS AND DETERMINED THEY HAVE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022. SHOULD THE ORGANIZATIONS TAX-EXEMPT STATUS BE CHALLENGED IN THE FUTURE, ALL TAX YEARS AFTER 2021 ARE OPEN FOR EXAMINATION BY THE IRS. false false false false false false false false false MARGIE SCOTT DIRECTOR 408073 53738 78331 24871 565013 JOHN GOCIO DIRECTOR 391044 93600 22020 506664 ERICA HIETT DIRECTOR 326822 15000 77758 22020 441600 RICHARD OWEN VICE PRESIDENT 289338 13875 70178 24871 398262 SHANNA PALMER PRESIDENT 309374 15000 71974 396348 FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 PRIOR TO FILING. THE EXECUTIVE DIRECTOR PROVIDES THE BOARD OF DIRECTORS A SUMMARY OF THE REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C THE FOUNDATION MONITORS AND ENFORCES THE WRITTEN CONFLICT OF INTEREST POLICY BY REQUESTING EACH DIRECTOR AND OFFICER TO SIGN A STATEMENT THAT THEY HAVE RECEIVED, READ, UNDERSTAND, AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEW THE EMPLOYMENT CONTRACT AND COMPARE COMPENSATION WITH OTHER SIMILAR NONPROFIT ORGANIZATIONS AS WELL AS SIMILAR FOR-PROFIT CORPORATIONS. THE BOARD ALSO HAS A PRIVATE LABOR ATTORNEY REVIEW THE EMPLOYMENT CONTRACT FOR APPROPRIATENESS. ALL COMPENSATION ACTIONS APPROVED BY THE BOARD ARE DOCUMENT IN THE EXECUTIVE COMMITTEE MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CENTRAL ARKANSAS VET HEALTHCARE SYS 220 FORT ROOTS DRIVE LITTLE ROCK AR 72114 710744870 MEDICAL AR N/A false false false false false false false false false false false false false false true false false false false false CENTRAL ARKANSAS VET HEALTHCARE SYS N 16200 FAIR VALUE (IN-KIND)