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Nonprofit · EIN 52-2000823

VAN ANDEL RESEARCH INSTITUTE

Tax-exempt · GRAND RAPIDS, MI 49503

Financials

$340M$112M2022$112.7M$118.9M2023
Revenue Expenses · by fiscal year end
Financials of VAN ANDEL RESEARCH INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2024990$112,738,485$118,913,786-$6,175,301$190,464,759$16,145,740$174,319,019
November 30, 2023990$340,011,886$112,044,445$227,967,441$197,193,153$16,821,217$180,371,936
Financial details: 990 for the year ended November 30, 2024

Revenue

Contributions, gifts and grants
$99,075,223
of which government grants
$32,720,750
Program service revenue
$1,311,102
Investment income
-$339,084
Net rental income
$189
Net gain from sales of assets
-$346,304
Net income from fundraising events
$58,939
Net income from sales of inventory
$22,487
Other revenue
$12,691,244

Expenses

Grants and similar amounts paid
$3,760,021
Compensation of officers, directors and key employees
$3,500,121
Other salaries and wages
$51,545,057
Salaries, compensation and benefits (total)
$67,657,719
Professional fundraising fees
$0
Legal fees
$458,292
Accounting fees
$133,335
Occupancy
$2,921,054
Travel
$1,353,322
Depreciation
$13,665,696
Program services (functional)
$77,693,549
Management and general (functional)
$39,180,459
Fundraising (functional)
$2,039,778

Balance sheet and other

Total assets, start of year
$197,193,153
Total assets, end of year
$190,464,759
Total liabilities, end of year
$16,145,740
Net assets, end of year
$174,319,019
Land, buildings and equipment
$164,610,891
Net assets without donor restrictions
$167,369,888
Net assets with donor restrictions
$6,949,131
Gross unrelated business income
$22,487
Gross receipts
$113,451,538
Employees
596
Volunteers
0
Year formed
1996
State of legal domicile
MI

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 November 30, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
KATHY VOGELSANGCHIEF INVESTMENT OFFICER
Highest-paid employee
45$1,125,167$0$597,404
TED HEILMANASSOC DIRECT-SR. PORTFOLIO MGR.
Highest-paid employee
45$782,302$0$458,404
DR PETER JONESCHIEF SCIENTIFIC OFFICER & RES. DIR.
Key employee
44$953,170$0$165,515
AUSTIN WAYSENIOR PORTFOLIO MANAGER
Highest-paid employee
45$530,219$0$313,619
DAVID VAN ANDELCHAIRMAN / CEO
Trustee or director, Officer
23$691,507$0$108,088
DR JANA HALLCHIEF OPERAT. OFFICER (END 4/1/2024)
Officer
44$635,819$0$101,074
THOMAS CURRAN JRGENERAL COUNSEL
Key employee
42$517,831$0$95,142
GERALD CALLAHANCHIEF STRAT. OFFICER (END 7/5/2024)
Key employee
43$508,121$0$95,178
TIMOTHY MYERSVICE PRESIDENT & CAO/CFO
Officer
42$492,899$0$93,423
DR PETER LAIRDDISTINGUISHED INVESTIGATOR
Highest-paid employee
45$513,955$0$62,535
DR HUILIN LISR. SCIENTIFIC INVESTIGATOR & DEPT. CHAIR
Highest-paid employee
45$433,939$0$72,186
DR JAMES FAHNERTRUSTEE
Trustee or director
1$7,000$4,750$0
DR MAX WICHATRUSTEE
Trustee or director
1$9,500$1,000$0
DR MICHELLE LEBEAUTRUSTEE
Trustee or director
1$9,500$0$0
DR RALPH DEBERARDINISTRUSTEE
Trustee or director
1$7,500$0$0
1 more people on this return
NameTitleHours / weekCompensation
DR HENRY PAULSONTRUSTEE (BEG. 9/23/2024)
Trustee or director
1$0
990 for the year ended November 30, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KATHY VOGELSANGCHIEF INVESTMENT OFFICER
Highest-paid employee
45$1,100,527$0$484,712
DR PETER JONESCHIEF SCIENTIFIC OFFICER & RES. DIR.
Key employee
44$909,200$0$313,089
TED HEILMANASSOC DIRECT-SR. PORTFOLIO MGR.
Highest-paid employee
45$707,489$0$374,712
DAVID VAN ANDELCHAIRMAN / CEO
Trustee or director, Officer
23$621,229$0$230,734
DR JANA HALLCHIEF OPERATIONS OFFICER
Officer
44$570,615$0$199,977
AUSTIN WAYSENIOR PORTFOLIO MANAGER
Highest-paid employee
45$454,273$0$257,548
GERALD CALLAHANCHIEF STRATEGIC OFFICER
Key employee
43$470,651$0$158,502
THOMAS CURRAN JRGENERAL COUNSEL
Key employee
42$477,531$0$145,590
DR PETER LAIRDDISTINGUISHED INVESTIGATOR
Highest-paid employee
45$490,598$0$101,690
TIMOTHY MYERSV.P. & CHIEF FINANCIAL OFFICER
Officer
42$429,420$0$141,837
DR GERD PFEIFERSR. SCIENTIFIC INVESTIGATOR
Highest-paid employee
45$438,778$0$68,230
DR MAX WICHATRUSTEE
Trustee or director
1$14,000$0$0
DR JAMES FAHNERTRUSTEE
Trustee or director
1$9,500$2,000$0
DR MICHELLE LEBEAUTRUSTEE
Trustee or director
1$9,000$0$0
DR TOM DEMEESTERTRUSTEE (END 12/12/2022)
Trustee or director
1$8,000$0$0
DR RALPH DEBERARDINISTRUSTEE (BEG. 11/20/2023)
Trustee or director
1$2,000$0$0

Address and contacts

Address (IRS master file)
333 BOSTWICK AVE NE, GRAND RAPIDS, MI 49503-2518
In care of
% JACK FRICK CFO
Principal officer (990 for 2023)
TIMOTHY J MYERS, 333 BOSTWICK AVENUE NE, GRAND RAPIDS, MI 49503
Signed the 990
TIMOTHY J MYERS, VICE PRESIDENT & CAO/CFO
Phone
(616) 234-5000
Return prepared by
DELOITTE TAX LLP

Mission

MEDICAL RESEARCH ORGANIZATION VAN ANDEL RESEARCH INSTITUTE IS AN INDEPENDENT BIOMEDICAL RESEARCH ORGANIZATION COMMITTED TO IMPROVING THE HEALTH AND ENHANCING THE LIVES OF CURRENT AND FUTURE GENERATIONS.

990 for the year ended November 30, 2024

Program accomplishments

  • DEPARTMENT OF EPIGENETICSSCHEDULE O PROVIDES FURTHER INFORMATION REGARDING THIS PROGRAM'S ACCOMPLISHMENTS.
    Expenses $16,328,121 · grants $1,197,533 · revenue $65,581
  • DEPARTMENT OF NEURODEGENERATIVE SCIENCESCHEDULE O PROVIDES FURTHER INFORMATION REGARDING THIS PROGRAM'S ACCOMPLISHMENTS.
    Expenses $9,656,310 · grants $947,028 · revenue $16,054
  • DEPARTMENT OF METABOLISM AND NUTRITIONAL PROGRAMMINGSEE SCHEDULE O FOR FURTHER INFORMATION ABOUT THIS PROGRAM'S ACCOMPLISHMENTS.
    Expenses $7,093,695 · grants $453,381
  • Expenses $44,615,423 · grants $1,162,079 · revenue $1,229,467

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 November, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024November 30, 2025April 15, 2026Not on file
2023November 30, 2024April 15, 2025990 on file
2022November 30, 2023April 15, 2024990 on file

IRS record

EIN
52-2000823
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
1997
Accounting year ends
November
Files
Form 990 or 990-EZ
Assets (IRS master file)
$190,464,759
Income (IRS master file)
$113,451,538

Filing history

FormYear endedRevenueExpensesAssetsReturn
990November 2024$112,738,485$118,913,786$190,464,759XML
990-TNovember 2024–––IRS
990November 2023$340,011,886$112,044,445$197,193,153XML
990-TNovember 2023–––IRS
990November 2022$143,778,282$113,718,338$219,998,295IRS
990-TNovember 2022–––IRS
990November 2021–––IRS
990-TNovember 2021–––IRS
990November 2020–––IRS
990November 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 52-2000823).

Questions about VAN ANDEL RESEARCH INSTITUTE

What is the EIN of VAN ANDEL RESEARCH INSTITUTE?
The employer identification number (EIN) of VAN ANDEL RESEARCH INSTITUTE is 52-2000823.
Is VAN ANDEL RESEARCH INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to VAN ANDEL RESEARCH INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VAN ANDEL RESEARCH INSTITUTE 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 VAN ANDEL RESEARCH INSTITUTE due?
The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VAN ANDEL RESEARCH INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended November 2024.
Who is the principal officer of VAN ANDEL RESEARCH INSTITUTE?
The 990 for the year ended November 30, 2024 names TIMOTHY J MYERS.
Who are the officers and directors of VAN ANDEL RESEARCH INSTITUTE?
The 990 for the year ended November 30, 2024 lists 16 people; 15 received compensation from the organization, the highest $1,125,167 (KATHY VOGELSANG, CHIEF INVESTMENT OFFICER).
How much revenue does VAN ANDEL RESEARCH INSTITUTE have?
On its 990 for the year ended November 30, 2024 it reported revenue of $112,738,485, expenses of $118,913,786 and total assets of $190,464,759 at year end.

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