Nonprofit · EIN 01-0648145
ORTHOCAROLINA RESEARCH INSTITUTE INC
Tax-exempt · CHARLOTTE, NC 28207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,643,097 | $2,078,142 | $564,955 | $4,084,479 | $485,673 | $3,598,806 |
| December 31, 2023 | 990 | $1,847,078 | $2,302,760 | -$455,682 | $3,695,403 | $667,059 | $3,028,344 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,030,884
- Program service revenue
- $347,405
- Investment income
- $264,808
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $28,607
- Occupancy
- $48,837
- Travel
- $4,858
- Program services (functional)
- $1,421,830
- Management and general (functional)
- $531,498
- Fundraising (functional)
- $124,814
Balance sheet and other
- Total assets, start of year
- $3,695,403
- Total assets, end of year
- $4,084,479
- Total liabilities, end of year
- $485,673
- Net assets, end of year
- $3,598,806
- Net assets without donor restrictions
- $2,266,288
- Net assets with donor restrictions
- $1,332,518
- Gross receipts
- $2,643,097
- Employees
- 0
- Volunteers
- 12
- Year formed
- 2002
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTI CADD | EXECUTIVE DIRECTOR Officer | 50 | $157,385 | $24,081 |
| CLENN GASTON MD | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| PATRICK M CONNOR | BOARD DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BRUCE DARDEN MD | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| CHARLES EAST III | BOARD DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JOHN L FRALEY JR | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| WILLIAM GRIFFIN MD | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| FRED R JONES | BOARD DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| TOM SMITH | BOARD DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RICHARD E THIGPEN | BOARD DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| VELVA WOOLEN | BOARD DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BRIAN CURTIN MD | BOARD DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| NANCY MCNELLIS | BOARD DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTI CADD | EXECUTIVE DIRECTOR Officer | 45 | $139,009 | $25,477 |
| WILLIAM GRIFFIN MD | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| PATRICK M CONNOR | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| WALTER B BEAVER MD | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| JOHN L FRALEY JR | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| RICHARD E THIGPEN | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| FRED R JONES | BOARD DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MORRY JOHNSTON | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| CLENN GASTON MD | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| CHARLES EAST III | BOARD DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRANDON BOYD | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| VELVA WOOLEN | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| HARVEY GANTT | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| BRUCE DARDEN MD | BOARD DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KENT ELLINGTON MD | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| JOE HSU MD | BOARD DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| TOM SMITH | BOARD DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2001 VAIL AVE STE 300, CHARLOTTE, NC 28207-1222
- Principal officer (990 for 2024)
- CHRISTI CADD, 2001 VAIL AVENUE SUITE 300, CHARLOTTE, NC 28207
- Signed the 990
- CHRISTI CADD, EXECUTIVE DIRECTOR
- Phone
- (704) 323-2260
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE ORTHOCAROLINA RESEARCH INSTITUTE (OCRI) IS AN INDEPENDENT, NON-PROFIT 501(C)3 THAT EXISTS TO FACILITATE RELEVANT ORTHOPEDIC RESEARCH WHICH ADVANCES ORTHOPEDIC TREATMENTS, IMPROVES QUALITY OF LIFE FOR PATIENTS, AND EDUCATES THE MEDICAL COMMUNITY.
Program accomplishments
- THE INSTITUTE'S MISSION AND PRIORITIES ARE CENTRALLY FOCUSED ON (1) IMPROVED ORTHOPEDIC PATIENT CARE AND (2) HIGH QUALITY EVIDENCE-BASED RESEARCH TO DEVELOP NEW AND INNOVATIVE ORTHOPEDIC DEVICES AND TECHNOLOGIES WHOSE GOAL IS TO ANSWER CLINICAL QUESTIONS FOR IMPROVED OUTCOMES. THE INSTITUTE LEADS ONGOING FDA-REGULATED CLINICAL TRIALS AND INVESTIGATOR-INITIATED SCIENTIFIC ACADEMIC STUDIES. RESEARCH IS DISSEMINATED THROUGH PEER REVIEWED JOURNAL PUBLICATIONS WITH GREATER THAN 85 PUBLICATIONS ANNUALLY.Expenses $1,327,706 · revenue $347,405
- THE INSTITUTE'S MISSION IS FOCUSED ON ADVANCING BOTH RESEARCH AND EDUCATION IN ORTHOPEDICS. THE ORTHOCAROLINA RESEARCH INSTITUTE HOSTS AN EDUCATIONAL CME (CONTINUING MEDICAL EDUCATION) SYMPOSIUM, KNOWN AS OSCAR MILLER DAY, FOR 350-400 ORTHOPEDIC PROVIDERS AND ALLIED HEALTH CARE PROFESSIONALS EACH YEAR. THIS SYMPOSIUM IS OVER 40 YEARS OLD AND IS MARKETED TO THE SOUTHEASTERN U.S. TOPICS ARE ROTATED ANNUALLY.Expenses $88,957
- ARMS FOR ALL IS A PROGRAM UNDER OCRI THAT COVERS THE GAP EXPENSE BETWEEN WHAT INSURANCE WILL COVER AND WHAT IS THE BEST PROSTHETIC FOR IMPROVED QUALITY OF LIFE FOR PATIENTS WHO HAVE LOST A LIMB.Expenses $5,167
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 | Not 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
- 01-0648145
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H50)
- Assets (IRS master file)
- $4,084,479
- Income (IRS master file)
- $2,643,097
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,643,097 | $2,078,142 | $4,084,479 | XML |
| 990 | December 2023 | $1,847,078 | $2,302,760 | $3,695,403 | XML |
| 990 | December 2022 | $1,579,440 | $2,039,263 | $3,834,315 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 01-0648145).
Questions about ORTHOCAROLINA RESEARCH INSTITUTE INC
- What is the EIN of ORTHOCAROLINA RESEARCH INSTITUTE INC?
- The employer identification number (EIN) of ORTHOCAROLINA RESEARCH INSTITUTE INC is 01-0648145.
- Is ORTHOCAROLINA RESEARCH INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to ORTHOCAROLINA RESEARCH INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ORTHOCAROLINA RESEARCH 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 ORTHOCAROLINA RESEARCH INSTITUTE INC 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 ORTHOCAROLINA RESEARCH INSTITUTE INC 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 ORTHOCAROLINA RESEARCH INSTITUTE INC?
- The 990 for the year ended December 31, 2024 names CHRISTI CADD.
- Who are the officers and directors of ORTHOCAROLINA RESEARCH INSTITUTE INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $157,385 (CHRISTI CADD, EXECUTIVE DIRECTOR).
- How much revenue does ORTHOCAROLINA RESEARCH INSTITUTE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,643,097, expenses of $2,078,142 and total assets of $4,084,479 at year end.
Other nonprofits in CHARLOTTE
- PAULA TAKACS FOUNDATION FOR SARCOMA RESEARCH EIN 27-3366677 · last filed 990 for 2025
- PARKINSON ASSOCIATION OF THE CAROLINAS EIN 30-0064156 · last filed 990 for 2025
- NO ONE LEFT ALONE EIN 87-2719679 · last filed 990 for 2025
- ELLA FOARD FOUNDATION FOR RETT SYNDROME EIN 27-1106332 · last filed 990-EZ for 2024
- INTERNATIONAL PEDIATRIC ORTHOPAEDIC THINK TANK EIN 92-3255574 · last filed 990 for 2025
- BRANDONS BATTLE FOUNDATION INC EIN 84-4559301 · last filed 990-EZ for 2025
- LYDIAS LEGACY INCORPORATED EIN 45-2202073 · last filed 990-EZ for 2024
- ELIMIN8 EIN 85-2686156 · last filed 990-N for 2025
All nonprofits in CHARLOTTE · North Carolina · Medical research