PRAIRIE RESEARCH AND EDUCATION COOPERATIVE

SPRINGFIELD, IL, 62707-9797 (217) 492-9100 Est. 1984 EIN 37-1157915

H43Z— Medical Research Form 990 501(c)(3)

Mission

THE PURPOSE OF THE ORGANIZATION IS TO ENGAGE IN ACTIVE CONTINUOUS MEDICAL RESEARCH TO FURTHER THE UNDERSTANDING OF APPLICATIONS OF NEW MODES OF THERAPY FOR CARDIOVASCULAR DISEASE, DIABETES AND NEUROLOGICAL DISORDERS.

Financials

Total Revenue

$4,083,136

Total Expenses

$3,955,138

Net Assets

$4,550,534

24 employees 2 volunteers

From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve

13.8 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 2.8%

Expenses ↑ 1.0%

Revenue Sources

Contributions 6.0% Earned revenue 92.7% Investment 1.3%

Expense Breakdown

Program 87.7% Management 12.3%

Officers & Key Employees (10)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (11)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2022 Form 990	$4,083,136 ↓	$3,955,138	$4,550,534
2021 Form 990	$4,199,666 ↑	$3,917,434	$4,001,992
2020 Form 990	$3,470,955 ↑	$3,494,722	$3,644,351
2019 Form 990	$3,027,765 ↓	$3,215,311	$3,283,340
2017 Form 990	$3,484,945	$3,191,692	$3,999,577