EIN 26-0636598

National Institute for Pharmaceutical Technology and Education (NIPTE)

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2007
Most recent tax filings
2023-06-01
Description
The mission of NIPTE is to improve human health through a multi-university collaboration on leading scientific research to advance the quality, safety, affordability, and speed to market of medicines.
Related structure
NIPTE is a subordinate organization under Massachusetts Institute of Technology (MIT).
Also known as...
NIPTE
Total revenues
$1,485,741
2023
Total expenses
$1,562,545
2023
Total assets
$1,368,270
2023
Num. employees
0
2023

Program areas at NIPTE

These projects support NIPTE's mission to make medicines more affordable and of higher quality. In addition, NIPTE supported the education component by developing and delivering advanced pharmaceutical topics to the workforce.

Grants made by NIPTE

GranteeGrant descriptionAmount
Duquesne UniversityFda Subgrant Awards for Pharmaceutical Research$251,251
United States Pharmacopoeial Convention (USP)Fda Subgrant Awards for Pharmaceutical Research$165,333
Regents of the University of MichiganFda Subgrant Awards for Pharmaceutical Research$115,276
...and 2 more grants made

Who funds National Institute for Pharmaceutical Technology and Education (NIPTE)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
University of Delaware (UD)Research Subaward$346,217

Personnel at NIPTE

NameTitleCompensation
Vadim J. GurvichExecutive Director$0
James K. DrennenChair$0
Lynda S. WelageSecretary$0
Indra K ReddyVice Chair$0
Ronald RaganPast Treasurer$0
...and 2 more key personnel

Financials for NIPTE

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,280,673
Program services$171,329
Investment income and dividends$28,761
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$4,978
Total revenues$1,485,741

Form 990s for NIPTE

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-07-11990View PDF
2020-062022-05-18990View PDF
2019-062021-05-07990View PDF
...and 11 more Form 990s
Data update history
August 7, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Received grants
Identified 1 new grant, including a grant for $346,217 from University of Delaware (UD)
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 8 new personnel
June 30, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsResearch centersChapter / child organizationsCharities
Issues
Science and technology
Characteristics
MembershipsProvides grantsConducts researchReceives government fundingProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
717 Delaware St Se Suite 477
Minneapolis, MN 55414
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
nipte.org/ 
Phone
(612) 626-6650
Facebook page
the-national-institute-for-pharmaceutical-technology-and-education 
IRS details
EIN
26-0636598
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U40: Engineering and Technology Research, Services
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Subordinate organization
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