EIN 26-3085485

The Jacobs Institute

IRS 501(c) type
501(c)(3)
Num. employees
60
Year formed
2008
Most recent tax filings
2022-12-01
Description
The Jacobs Institute is a nonprofit organization located in Buffalo, New York. Its mission is to make Western New York a center for world-class excellence in research, teaching, public awareness and advances in clinical and medical sciences. The organization is run by Bill Maggio.
Total revenues
$12,864,398
2022
Total expenses
$11,930,076
2022
Total assets
$7,681,956
2022
Num. employees
60
2022

Who funds The Jacobs Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Margaret L. Wendt FoundationAvailable Upon Request$300,000
Community Foundation for Greater Buffalo (CFGB)Unrestricted Use; Summer Internship Program$55,000
Interventional Cardiology Research FoundationGeneral Operating Support$20,000
...and 4 more grants received

Personnel at The Jacobs Institute

NameTitleCompensation
Adnan H. SiddiquiChief Executive Officer and Chief Medical Officer$750,000
Michael SpringerChief Operating Officer$229,487
Dr. L. Nelson HopkinsChairman$0
Timothy M. Korn, CPAVice President, Finance$112,256
Richard DucharmeVice President, Engineering$182,579
...and 16 more key personnel

Financials for The Jacobs Institute

RevenuesFYE 12/2022
Total grants, contributions, etc.$4,031,854
Program services$8,592,681
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$239,863
Total revenues$12,864,398

Form 990s for The Jacobs Institute

Fiscal year endingDate received by IRSFormPDF link
2022-122023-07-26990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-01990View PDF
2018-122019-09-28990View PDF
...and 9 more Form 990s
Data update history
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $55,000 from Community Foundation for Greater Buffalo (CFGB)
November 9, 2023
Updated personnel
Identified 14 new personnel
September 24, 2023
Received grants
Identified 1 new grant, including a grant for $300,000 from Margaret L. Wendt Foundation
August 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 24, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Medical research organizationsResearch centersCharities
Issues
Science and technologyHealth
Characteristics
Conducts researchState / local levelReceives government fundingTax deductible donations
General information
Address
875 Ellicott St 5th Floor
Buffalo, NY 14203
Metro area
Buffalo-Cheektowaga, NY
County
Erie County, NY
Website URL
jacobsinstitute.org/ 
Phone
(716) 888-4800
IRS details
EIN
26-3085485
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H50: Nerve, Muscle, and Bone Research
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
Free account sign-up

Want updates when The Jacobs Institute has new information, or want to find more organizations like The Jacobs Institute?

Create free Cause IQ account