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Nonprofit · EIN 56-1655431

INSTITUTE FOR MEDICAL RESEARCH INC

Tax-exempt · DURHAM, NC 27705

Financials

$20.8M$15.8M2022$22.4M$19.2M2023$13.8M$16.5M2024
Revenue Expenses · by fiscal year end
Financials of INSTITUTE FOR MEDICAL RESEARCH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$13,751,223$16,492,767-$2,741,544$11,133,168$2,122,577$9,010,591
September 30, 2024990$22,414,622$19,158,995$3,255,627$13,954,317$2,262,307$11,692,010
September 30, 2023990$20,756,676$15,766,250$4,990,426$13,072,926$4,636,548$8,436,378
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$13,676,185
Investment income
$68,190
Other revenue
$6,848

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$318,458
Other salaries and wages
$11,274,189
Salaries, compensation and benefits (total)
$13,466,462
Professional fundraising fees
$0
Legal fees
$72,098
Accounting fees
$33,512
Occupancy
$297,876
Travel
$107,550
Depreciation
$21,845
Program services (functional)
$14,556,763
Management and general (functional)
$1,936,004

Balance sheet and other

Total assets, start of year
$13,954,317
Total assets, end of year
$11,133,168
Total liabilities, end of year
$2,122,577
Net assets, end of year
$9,010,591
Land, buildings and equipment
$73,047
Net assets without donor restrictions
$8,991,694
Net assets with donor restrictions
$18,897
Gross receipts
$13,751,223
Employees
285
Year formed
1989
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
LIANA PUSCAS MDSECRETARY/TR
Trustee or director, Officer
2$0$427,457
KENNETH GOLDBERG MDVICE PRESIDE
Trustee or director, Officer
2$0$344,385
DAVID EDELMAN MDPRESIDENT
Trustee or director, Officer
5$0$279,588
ALYSHIA SMITH DNPDIRECTOR
Trustee or director
2$0$228,705
AMANDA DE HOEDTRESEARCH DIR
Highest-paid employee
40$172,072$0
CAROL MEYEREXEC DIR
Officer
40$149,979$0
ERIKA WILLIAMSONTECH SOL MGR
Highest-paid employee
40$146,188$0
JENNIFER G CHAPMANPHASER PM
Highest-paid employee
40$142,018$0
MICHAEL T BURNSDIR OF TECH
Highest-paid employee
40$138,699$0
KRISTINA N SIGMONSR BIOSTATIS
Highest-paid employee
40$131,158$0
NIRMA ACOSTACFO
Officer
40$87,152$0
MICHAEL HOFFPAUIRDIRECTOR
Trustee or director
2$0$0
BRIAN LETOURNEAUDIRECTOR
Trustee or director
2$0$0
DENNIS SHIPMANDIRECTOR
Trustee or director
2$0$0
990 for the year ended September 30, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgs
LIANA PUSCAS MDSECRETARY/TR
Trustee or director, Officer
2$0$395,039
KENNETH GOLDBERG MDVICE PRESIDE
Trustee or director, Officer
2$0$333,133
DAVID EDELMAN MDPRESIDENT
Trustee or director, Officer
5$0$247,643
ALYSHIA SMITH DNPDIRECTOR
Trustee or director
2$0$228,705
CAROL MEYEREXECUTIVE DI
Officer
40$149,979$0
RANKIN MCKENZIE LLCFRAC CFO
Officer
16$126,575$0
NIRMA ACOSTACFO
Officer
40$87,152$0
MICHELE PACKARD-MILAMINT EXEC DIR
Officer
40$80,317$0
BRIAN LETOURNEAUDIRECTOR
Trustee or director
2$0$0
DENNIS SHIPMANDIRECTOR
Trustee or director
2$0$0
990 for the year ended September 30, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgs
LIANA PUSCAS MDSECRETARY/TR
Trustee or director, Officer
2$0$395,036
KENNETH GOLDBERG MDVICE PRESIDE
Trustee or director, Officer
2$0$337,448
DAVID EDELMAN MDPRESIDENT
Trustee or director, Officer
5$0$244,118
ALYSHIA SMITH DNPDIRECTOR
Trustee or director
2$0$209,300
JEFFREY SMITHFMR EX DIR
Officer
40$93,956$0
RANKIN MCKENZIE LLCFRAC CFO
Officer
16$13,020$0
MEGAN MADDENCFO
Officer
40$9,639$0
BRIAN LETOURNEAUDIRECTOR
Trustee or director
2$5,800$0
DENNIS SHIPMANDIRECTOR
Trustee or director
2$1,000$0
PHIL LANDISDIRECTOR
Trustee or director
2$0$0
ROBERT ADAMS MDDIRECTOR
Trustee or director
2$0$0
MICHELE PACKARD-MILAMINT EXEC DIR
Officer
40$0$0

Address and contacts

Address (IRS master file)
508 FULTON ST IMR-151, DURHAM, NC 27705-3875
Principal officer (990 for 2024)
CAROL MEYER, 508 FULTON ST 151-IMR, DURHAM, NC 27705
Signed the 990
CAROL MEYER, EXEC DIR
Phone
(984) 250-7013
Website
IMR.ORG
Return prepared by
FINANCIAL SOLUTION ADVISORS LLC

Mission

THE PURPOSE OF THE INSTITUTE OF MEDICAL RESEARCH, INC. IS TO SUPPORT RESEARCH AND EDUCATION THROUGHOUT THE DURHAM VETERANS AFFAIRS HEALTHCARE SYSTEM TO ENHANCE THE HEALTH AND LIVES OF VETERANS, THEIR FAMILIES AND THE PUBLIC AT LARGE.

990 for the year ended September 30, 2025

Program accomplishments

  • SUPPORTED A MEDICAL TRAINING AND EDUCATION PROGRAM TO SUPPORT THE VA PHARMACOGENOMICS ACTION FOR CANCER SURVIVORSHIP (PHASER). EXPANDED ACCESS TO PHARMACOGENOMIC (PGX) TESTING, INCLUDING PROVIDING BASIC PGX EDUCATION, TO AN ADDITIONAL 10,000 VETERANS SEEN ACROSS ALL BUT TWO VA HEALTHCARE SYSTEMS NATIONWIDE.
    Expenses $14,556,763 · revenue $13,676,185
  • SUPPORTED NUMEROUS PROJECTS TO FURTHER AID WITH THE DIAGNOSIS, RISK STRATIFICATION AND LIFESTYLE INTERVENTION FOR THE BENEFIT OF UROLOGY AND ONCOLOGY PATIENTS.
  • ACCOMMODATED CONTINUED GROWTH OF A PROSTATE CANCER PROGRAM TO ADD MULTIPLE PROJECTS, ADDING THOUSANDS OF PATIENTS AND NEW AVENUES OF PATIENT EDUCATION AND POTENTIAL TREATMENT.
  • INITIATED A FOOD IS MEDICINE PROJECT SERVING VETERANS.

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

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
56-1655431
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
1989
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,133,168
Income (IRS master file)
$13,751,223

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$13,751,223$16,492,767$11,133,168IRS
990September 2024$22,414,622$19,158,995$13,954,317XML
990September 2023$20,756,676$15,766,250$13,072,926XML
990September 2022$7,876,347$9,947,872$5,835,101IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 56-1655431).

Questions about INSTITUTE FOR MEDICAL RESEARCH INC

What is the EIN of INSTITUTE FOR MEDICAL RESEARCH INC?
The employer identification number (EIN) of INSTITUTE FOR MEDICAL RESEARCH INC is 56-1655431.
Is INSTITUTE FOR MEDICAL RESEARCH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to INSTITUTE FOR MEDICAL RESEARCH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INSTITUTE FOR MEDICAL RESEARCH 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 INSTITUTE FOR MEDICAL RESEARCH INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSTITUTE FOR MEDICAL RESEARCH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of INSTITUTE FOR MEDICAL RESEARCH INC?
The 990 for the year ended September 30, 2025 names CAROL MEYER.
Who are the officers and directors of INSTITUTE FOR MEDICAL RESEARCH INC?
The 990 for the year ended September 30, 2025 lists 14 people; 7 received compensation from the organization.
How much revenue does INSTITUTE FOR MEDICAL RESEARCH INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $13,751,223, expenses of $16,492,767 and total assets of $11,133,168 at year end.

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