MEDICAL RESEARCH ORGANIZATION VAN ANDEL RESEARCH INSTITUTE IS AN INDEPENDENT BIOMEDICAL RESEARCH ORGANIZATION COMMITTED TO IMPROVING THE HEALTH AND ENHANCING THE LIVES OF CURRENT AND FUTURE GENERATIONS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Medical Research organizations nationwide.
- Base
- $566k
- Bonus
- $533k
- Other
- $26k
- Benefits
- $10k
- Base
- $356k
- Bonus
- $400k
- Other
- $26k
- Benefits
- $10k
- Base
- $674k
- Bonus
- $255k
- Other
- $24k
- Benefits
- $10k
- Base
- $263k
- Bonus
- $267k
- Other
- $485
- Benefits
- $10k
- Base
- $454k
- Bonus
- $218k
- Other
- $19k
- Benefits
- $1k
- Base
- $459k
- Bonus
- $170k
- Other
- $7k
- Benefits
- $10k
- Base
- $399k
- Bonus
- $116k
- Other
- $4k
- Benefits
- $10k
- Base
- $370k
- Bonus
- $114k
- Other
- $25k
- Benefits
- $10k
- Base
- $380k
- Bonus
- $111k
- Other
- $2k
- Benefits
- $10k
- Base
- $455k
- Bonus
- $56k
- Other
- $4k
- Benefits
- $10k
- Base
- $354k
- Bonus
- $55k
- Other
- $25k
- Benefits
- $10k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Investment Officer Highest Compensated Employee Above 90th percentile | $566k | $533k | $26k | $10k | $1.7M $1.9M |
Assoc Direct-sr. Portfolio Mgr. Highest Compensated Employee Above 90th percentile | $356k | $400k | $26k | $10k | $1.2M $1.4M |
Chief Scientific Officer & Res. Dir. Key Employee Above 90th percentile | $674k | $255k | $24k | $10k | $1.1M $1.2M |
Senior Portfolio Manager Highest Compensated Employee Above 90th percentile | $263k | $267k | $485 | $10k | $844k $932k |
Chairman / CEO Board Chair Above 90th percentile | $454k | $218k | $19k | $1k | $800k $883k |
Chief Operat. Officer (end 4/1/2024) Officer (Unspecified) | $459k | $170k | $7k | $10k | $737k $814k |
General Counsel Key Employee Above 90th percentile | $399k | $116k | $4k | $10k | $613k $677k |
Chief Strat. Officer (end 7/5/2024) Key Employee Above 90th percentile | $370k | $114k | $25k | $10k | $603k $666k |
Vice President & Cao/cfo Vice President Above 90th percentile | $380k | $111k | $2k | $10k | $586k $648k |
Distinguished Investigator Highest Compensated Employee Above 90th percentile | $455k | $56k | $4k | $10k | $576k $637k |
Sr. Scientific Investigator & Dept. Chair Board Chair Above 90th percentile | $354k | $55k | $25k | $10k | $506k $559k |
Trustee Board Member 10th to 25th percentile | — | — | — | — | $10k $10k |
Trustee Board Member 10th to 25th percentile | — | — | — | — | $10k $10k |
Trustee Board Member 10th to 25th percentile | — | — | — | — | $8k $8k |
Trustee Board Member 10th to 25th percentile | — | — | — | — | $7k $8k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 1 unpaid individual.
Top pay as a share of expenses
In 2023, the highest total compensation at VAN ANDEL RESEARCH INSTITUTE equaled 1% of the organization's total expenses. The median for medical research organizations is 10%.
Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 9%
from 2022
From $1.6M in 2022 to $1.7M in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest Compensated Employee pay rose 9% from 2022 to 2023, while revenue fell 67%.
- Key Employee pay fell 8% from 2022 to 2023.
- Board Chair pay fell 6% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about VAN ANDEL RESEARCH INSTITUTE
What does the Highest Compensated Employee of VAN ANDEL RESEARCH INSTITUTE earn?
In 2023, the Highest Compensated Employee of VAN ANDEL RESEARCH INSTITUTE received $1,722,571 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Medical Research organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at VAN ANDEL RESEARCH INSTITUTE compare with similar nonprofits?
Compared with the same role at Medical Research organizations nationwide, the 2023 pay of the Highest Compensated Employee at VAN ANDEL RESEARCH INSTITUTE falls in the top 10%. In 2023, the highest total compensation at VAN ANDEL RESEARCH INSTITUTE equaled 1% of the organization's total expenses. The median for medical research organizations is 10%.
What are VAN ANDEL RESEARCH INSTITUTE's revenue and expenses?
In 2023, VAN ANDEL RESEARCH INSTITUTE reported $112.7M in total revenue and $118.9M in total expenses on its IRS Form 990.
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