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ESTABLISHED TO SERVE AS A FLEXIBLE FUNDING MECHANISM FOR THE CONDUCT OF APPROVED RESEARCH AND RELATED ACTIVITIES AT THE MN VA MEDICAL CENTER. SUPPORTED RESEARCH STUDIES ARE CONDUCTED FOR THE PURPOSE OF DISCOVERING NEW OR IMPROVED TREATMENTS FOR DISEASE AND DISABILITY; AND FOR EDUCATION OF VA PATIENTS AND FAMILIES, AND VA PERSONNEL FOR THEIR DEVELOPMENT AND ADVANCEMENT OF NEW KNOWLEDGE.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$6.9M
Program Spending
83%
of total expenses go to program services
Total Contributions
$3,011
Total Expenses
▼$7.1M
Total Assets
$6.8M
Total Liabilities
▼$1.9M
Net Assets
$4.9M
Officer Compensation
→$166.1K
Other Salaries
$4.5M
Investment Income
$131.4K
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Years audited
9
Clean years
6
Material Weakness
Yes
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditurecombined across all audits filed that year | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $3.1M | Yes | 2026-08-07 |
| 2024 | Clean | Unmodified (Clean) | $2.9M | Yes | 2025-05-16 |
| 2023 | Clean | Unmodified (Clean) | $2.7M | Yes | 2024-05-16 |
| 2022 | Clean | Unmodified (Clean) | $2.5M | No | 2023-05-24 |
| 2021 | Clean | Unmodified (Clean) | $2.2M | No | 2022-05-12 |
| 2020 | Minor Findings | Unmodified (Clean) | $2M | No | 2021-05-06 |
| 2019 | Minor Findings | Unmodified (Clean) | $1.6M | No | 2020-04-09 |
| 2018 | Clean | Unmodified (Clean) | $1.4M | No | 2019-05-07 |
| 2017 | Material Weakness | Unmodified (Clean) | $1.1M | No | 2018-05-14 |
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$3.1M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$2.9M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$2.7M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$2.5M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$2.2M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$2M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$1.6M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$1.4M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$1.1M
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $6.9M | $3,011 | $7.1M | $6.8M | $4.9M |
| 2023IRS e-File | $8.3M | $4,161 | $8M | $7M | $5.1M |
| 2022 | $8.9M | $66.3K | $8.7M | $6.7M | $4.8M |
| 2021 | $7.3M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Michael Armstrong | President | 0.1 | $0 | $401.6K | $122.4K | $524K |
| Steven Fu | Vice President | 0.1 | $0 | $343K | $108.5K | $451.4K |
| Nadine Rogers | Executive Director | 40 | $159K | $0 | $7,058 | $166.1K |
| Thomas Lyons | Treasurer | 0.1 | $0 | $0 | $0 | $0 |
Michael Armstrong
President
$524K
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$401.6K
Other
$122.4K
Steven Fu
Vice President
$451.4K
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$343K
Other
$108.5K
Nadine Rogers
Executive Director
$166.1K
Hrs/Wk
40
Compensation
$159K
Related Orgs
$0
Other
$7,058
Thomas Lyons
Treasurer
$0
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Nicole Christ | Research Project Manager | 40 | $108.7K | $0 | $10.5K | $119.2K |
| Michael Souder | Senior It Systems Analyst | 40 | $105.7K | $0 | $10.8K | $116.5K |
Nicole Christ
Research Project Manager
$119.2K
Hrs/Wk
40
Compensation
$108.7K
Related Orgs
$0
Other
$10.5K
Michael Souder
Senior It Systems Analyst
$116.5K
Hrs/Wk
40
Compensation
$105.7K
Related Orgs
$0
Other
$10.8K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Bradley Bart | Director | 0.1 | $0 | $374K | $93.8K | $467.8K |
| Eric Meittunen | Director | 0.1 | $0 | $0 | $0 | $0 |
| Ezgi Tiryaki | Director Until 4/1/24 | 0.1 | $0 | $64.4K | $18.9K | $83.3K |
| Jane Moraski Matson | Director | 0.1 | $0 | $0 | $0 | $0 |
| John Looft |
Bradley Bart
Director
$467.8K
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$374K
Other
$93.8K
Eric Meittunen
Director
$0
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$0
Other
$0
Ezgi Tiryaki
Director Until 4/1/24
$83.3K
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$64.4K
Other
$18.9K
| $8,923 |
| $7.1M |
| $6.2M |
| $4.6M |
| 2020 | $5.9M | $20.4K | $5.5M | $5.7M | $4.4M |
| 2019 | $5.3M | $5,870 | $5.3M | $5.6M | $3.6M |
| 2018 | $4.7M | $53.7K | $4.2M | $4.9M | $3.5M |
| 2017 | $2.8M | $35K | $3.9M | $3.9M | $3.1M |
| 2016 | $2.3M | $42.4K | $3.1M | $5M | $4.3M |
| 2015 | $3.2M | $11.4K | $4.1M | $5.4M | $5M |
| 2014 | $4.3M | $2M | $4.4M | $6.7M | $6.2M |
| 2013 | $3.5M | $2.4M | $4.5M | $6.9M | $6.3M |
| 2012 | $4.1M | $2.3M | $4.5M | $7.5M | $7.1M |
| 2011 | $3.9M | $2.7M | $4M | $8M | $7.4M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| Director |
| 0.1 |
| $0 |
| $128K |
| $37.3K |
| $165.3K |
| Mathew Meyer | Director | 0.1 | $0 | $0 | $0 | $0 |
| Nicholas Davenport | Director | 0.1 | $0 | $114.1K | $39.4K | $153.5K |
| Orly Vardeny Ni | Director | 0.1 | $0 | $179.5K | $68.6K | $248.1K |
| Patrick Kelly | Director | 0.1 | $0 | $275.6K | $79.4K | $355K |
| Vanita Ahuja | Director As Of 9/25/24 | 0.1 | $0 | $99.6K | $44.9K | $144.5K |
Jane Moraski Matson
Director
$0
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$0
Other
$0
John Looft
Director
$165.3K
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$128K
Other
$37.3K
Mathew Meyer
Director
$0
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$0
Other
$0
Nicholas Davenport
Director
$153.5K
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$114.1K
Other
$39.4K
Orly Vardeny Ni
Director
$248.1K
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$179.5K
Other
$68.6K
Patrick Kelly
Director
$355K
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$275.6K
Other
$79.4K
Vanita Ahuja
Director As Of 9/25/24
$144.5K
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$99.6K
Other
$44.9K