Nonprofit · EIN 55-0839353
HERITAGE MEDICAL RESEARCH INSTITUTE
Tax-exempt · BAKERSFIELD, CA 93311
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,077,694 | $6,626,612 | $3,451,082 | $266,158,026 | $292,554 | $265,865,472 |
| June 30, 2024 | 990 | $19,001,633 | $5,053,636 | $13,947,997 | $253,299,130 | $281,945 | $253,017,185 |
| June 30, 2023 | 990 | $1,769,007 | $7,254,324 | -$5,485,317 | $222,526,682 | $264,774 | $222,261,908 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,000,000
- Program service revenue
- $0
- Investment income
- $7,237,568
- Net gain from sales of assets
- $15,045
- Other revenue
- -$159,874
Expenses
- Grants and similar amounts paid
- $4,712,488
- Compensation of officers, directors and key employees
- $487,127
- Salaries, compensation and benefits (total)
- $525,535
- Professional fundraising fees
- $0
- Legal fees
- $400
- Accounting fees
- $33,500
- Program services (functional)
- $6,501,485
- Management and general (functional)
- $125,127
Balance sheet and other
- Total assets, start of year
- $253,299,130
- Total assets, end of year
- $266,158,026
- Total liabilities, end of year
- $292,554
- Net assets, end of year
- $265,865,472
- Gross receipts
- $30,162,360
- Employees
- 2
- Volunteers
- 0
- Year formed
- 2003
- State of legal domicile
- CA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW SUESS | RESEARCH ASSOCIATE Highest-paid employee | 40 | $269,050 |
| JOHN SHEN | PHYSICIAN Key employee | 40 | $218,077 |
| DR RICHARD MERKIN | PRESIDENT Trustee or director, Officer | 5 | $0 |
| JAYA KURIAN | CFO Officer | 2 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW SUESS | RESEARCH ASSOCIATE Highest-paid employee | 40 | $287,127 |
| DR RICHARD MERKIN | PRESIDENT Trustee or director, Officer | 5 | $0 |
| JAYA KURIAN | CFO Officer | 2 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW SUESS | RESEARCH ASSOCIATE Highest-paid employee | 40 | $251,980 |
| DR RICHARD MERKIN | PRESIDENT Trustee or director, Officer | 5 | $0 |
| JAYA KURIAN | CFO Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 9801 CAMINO MEDIA STE 102, BAKERSFIELD, CA 93311-1312
- Principal officer (990 for 2024)
- DR RICHARD MERKIN, 3115 OCEAN FRONT WALK SUITE 301, MARINA DEL REY, CA 90292
- Signed the 990
- DR RICHARD MERKIN, PRESIDENT
- Phone
- (310) 208-8282
- Return prepared by
- BARBICH HOOPER KING DILL HOFFMAN
California records
California keeps its own records of charities and corporations. Search them by EIN 55-0839353 or by the name HERITAGE MEDICAL RESEARCH INSTITUTE.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO SUPPORT AND ADVANCE TRANSLATIONAL RESEARCH IN THE AREAS OFBASIC AND CLINICAL SCIENCE UNDER THE HIGHEST ETHICAL AND MEDICALSTANDARDS TO IDENTIFY AND IMPLEMENT NEW INNOVATIVE APPROACHESAND METHODOLOGIES TO DIAGNOSE, TREAT AND/OR MANAGE THE CARE OFDISEASES TO RELIEVE SUFFERING, IMPROVE OUTCOMES, REDUCE COSTSAND INCREASE THE OVERALL VALUE AND ACCESSIBILITY OF HEALTH CARE TOMANY MORE PEOPLE THAN PREVIOUSLY CONSIDERED POSSIBLE.
Program accomplishments
- MEDICAL RESEARCH RE: CONJESTIVE HEART FAILURE & OBSTRUCTIVE PULMONARY DISEASERESEARCH DATA CONNECTED TO PATIENT OUTCOMES UNDER VARIOUS TREATMENT METHODOLOGIES. COLLECTION OF HOSPITAL ADMISSIONS AND OUTCOME RECORDS. TO SUPPORT AND ADVANCE TRANSLATIONAL RESEARCH IN THE AREAS OF BASIC AND CLINICAL SCIENCE UNDER THE HIGHEST ETHICAL AND MEDICAL STANDARDS TO IDENTIFY AND IMPLEMENT NEW INNOVATIVE APPROACHES AND METHODOLOGIES TO DIAGNOSE, TREAT AND/OR MANAGE THE CARE OF DISEASES TO RELIEVE SUFFERING, IMPROVE OUTCOMES, REDUCE COSTS AND INCREASE THE OVERALL VALUE AND ACCESSIBILITY OF HEALTH CARE TO MANY MORE PEOPLE THAN PREVIOUSLY CONSIDERED POSSIBLE.Expenses $6,501,485 · grants $4,712,488 · revenue $7,076,799
- DIABETIC FOOT ULCER CLINICAL STUDY RE: EVALUATION OF WINDOWED CASTS WITH AND WITHOUT REGRANEX GEL FOR HEALING DIABETIC NEUROPATHIC ULCERS
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 55-0839353
- 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
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H43)
- Assets (IRS master file)
- $266,158,026
- Income (IRS master file)
- $30,162,360
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $10,077,694 | $6,626,612 | $266,158,026 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $19,001,633 | $5,053,636 | $253,299,130 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $1,769,007 | $7,254,324 | $222,526,682 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $12,358,037 | $8,121,488 | $224,317,324 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 55-0839353).
Questions about HERITAGE MEDICAL RESEARCH INSTITUTE
- What is the EIN of HERITAGE MEDICAL RESEARCH INSTITUTE?
- The employer identification number (EIN) of HERITAGE MEDICAL RESEARCH INSTITUTE is 55-0839353.
- Is HERITAGE MEDICAL RESEARCH INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to HERITAGE MEDICAL RESEARCH INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HERITAGE MEDICAL 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 HERITAGE MEDICAL RESEARCH INSTITUTE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HERITAGE MEDICAL RESEARCH INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HERITAGE MEDICAL RESEARCH INSTITUTE?
- The 990 for the year ended June 30, 2025 names DR RICHARD MERKIN.
- Who are the officers and directors of HERITAGE MEDICAL RESEARCH INSTITUTE?
- The 990 for the year ended June 30, 2025 lists 4 people; 2 received compensation from the organization, the highest $269,050 (MATTHEW SUESS, RESEARCH ASSOCIATE).
- How much revenue does HERITAGE MEDICAL RESEARCH INSTITUTE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $10,077,694, expenses of $6,626,612 and total assets of $266,158,026 at year end.
Other nonprofits in BAKERSFIELD
- KERN AUTISM NETWORK INC EIN 82-4366327 · last filed 990-EZ for 2025
- VV FAMILY FOUNDATION EIN 47-2830482 · last filed 990 for 2024
- SYNAPTICS FOUNDATION EIN 45-4694046 · last filed 990-EZ for 2025
- BFLS INCORPORATED EIN 87-4506982 · last filed 990-EZ for 2025
- GOING COCONUTS FOR A CURE EIN 45-5031383 · last filed 990-EZ for 2024
- FIGHT FOR LIFE EIN 45-3184276 · last filed 990-N for 2025
- KERN REGIONAL CENTER EIN 23-7115846 · last filed 990 for 2025
- VALLEY STRONG CREDIT UNION EIN 95-1652797 · last filed 990 for 2024
All nonprofits in BAKERSFIELD · California · Medical research