Overview

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Est.

2009

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2017
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2016
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2015
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AI Summary

Medica Research Institute is a health-focused nonprofit that conducts research to advance knowledge informing value-based health care and accountable communities for health. In fiscal year 2016, it reported an operating budget of $2.9 million and total revenue of $748.4K, with major funders including Medica Health Plans, Mayo Clinic, and Academic Pediatric Association.

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Mission Statement

MEDICA RESEARCH INSTITUTE CONDUCTS RESEARCH TO ADVANCE KNOWLEDGE THAT INFORMS VALUE-BASED HEALTH CARE AND ACCOUNTABLE COMMUNITIES FOR HEALTH.

Cause Areas

1
Health
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Financials

2016
Revenues
$748.4K
Expenses
$3M
Net Income:
-$2.3M
Assets
$13.3M
Liabilities
$399K
Net Assets:
+$12.9M

Financial Trends

2016
Operating Budget
$2.9M
Operating Budget by Year

Due Diligence

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IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
MEDICA HEALTH PLANS
Minnetonka, MN, US
$3M
38%
Logo for "MAYO CLINIC"
MAYO CLINIC
Rochester, MN, US
$542.2K
< 1%
ACADEMIC PEDIATRIC ASSOCIATION
Mclean, VA, US
$37.1K
2%

Grants Received

2017
Total No. of Grants
2
Median grant size
$139K
Largest grant received
$262.3K

Board & Team

K
Kristina Bloomquist
Board Member
D
Debby S Knutson
Board Member
R
Robert Longendyke
Board Member
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Frequently Asked Questions

What is Medica Research Institute’s budget?
In 2016, Medica Research Institute reported an annual operating budget of around $2.9 million. More detailed financial information is available to registered users.
What causes does Medica Research Institute support?
Medica Research Institute supports work in Health.
Where does Medica Research Institute operate?
Medica Research Institute is headquartered in MINNETONKA, MN.
Who funded Medica Research Institute recently?
In 2017, Medica Research Institute received grants from MAYO CLINIC, ACADEMIC PEDIATRIC ASSOCIATION, and MAYO CLINIC. More information on this organization’s funders is available to registered users.
What is the largest grant Medica Research Institute received in 2017?
The largest grant to Medica Research Institute in 2017 exceeds $262 thousand.