WISCONSIN CORPORATION FOR BIOMEDICAL RESEARCH

EIN: 391979707 501(c)(3) Medical Research

Milwaukee, WI

Total Revenue
$776,831
Total Expenses
$490,153
Total Assets
$3,252,774
Net Assets
$3,233,093
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
WI
Principal Officer
Waqar Malik
Phone
4143842000
Tax Period
2024-10-01 to 2025-09-30

WISCONSIN CORPORATION FOR BIOMEDICAL RESEARCH, founded in 1999, is a small nonprofit in the Medical Research sector that reported $777K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $287K, a strong 37% operating margin.

Mission

THE ORGANIZATION CONDUCTS MEDICAL RESEARCH, INCLUDING INVESTIGATIONS, EXPERIMENTS AND STUDIES TO DISCOVER, DEVELOP, OR VERIFY IN CONJUNCTION WITH THE CLEMENT J. ZABLOCKI VETERANS MEDICAL CENTER, KNOWLEDGE RELATING TO THE CAUSES, DIAGNOSES, TREATMENT OR CONTROL OF PHYSICAL OR MENTAL DISEASES AND IMPAIRMENTS OF MANKIND. IN ADDITION, THE ORGANIZATION FACILITATES THE EDUCATION AND TRAINING OF VETERANS ADMINISTRATION STAFF AND PATIENTS.

Program Service Accomplishments

Program 1
Expenses: $376,623 Revenue: $596,006

DIRECT EXPENSES OF RESEARCH AND EDUCATIONAL PROJECTS INCLUDING LAB SUPPLIES AND REIMBURSEMENTS TO AFFILIATE UNIVERSITY FOR SALARIES OF UNIVERSITY EMPLOYEES FOR PART-TIME SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $731,642
Investment Income $45,189
Other Revenue $0
TOTAL REVENUE $776,831

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,467
Fundraising Expenses $0
Program Expenses $376,623
Other Expenses $382,686
TOTAL EXPENSES $490,153

Year-over-Year Comparison

2024 2023 Change
Revenue $776,831 $1,058,492 -0.3%
Expenses $490,153 $323,036 +0.5%
Net Income $286,678 $735,456 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
2
Employees
9
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
7
$1,156,720
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREEA ANTON BOARD MEMBER 0.5
Director
$0 $0 $352,262
NATHAN GUNDACKER BOARD MEMBER 0.5
Director
$0 $0 $265,000
ANN ROSENTHAL BOARD MEMBER 0.5
Director
$0 $0 $253,360
JAMES D MCLAIN BOARD CHAIR 0.5
Director
$0 $0 $230,000
WAQAR MALIK EXECUTIVE DIRECTOR 24
Director
$0 $0 $56,098
GRETCHEN DAVIES BOARD MEMBER 0.5
Director
$0 $0 $0
ADELE VOGEL BOARD MEMBER 0.5
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $776,831 $490,153 $3,252,774 $286,678
2024 $1,058,492 $323,036 $3,005,491 $735,456
2023 $437,156 $300,635 $2,185,288 $136,521
2022 $352,500 $220,202 $2,080,657 $132,298
2021 $360,343 $217,733 $1,987,775 $142,610
2020 $351,488 $233,965 $1,813,653 $117,523
2019 $417,644 $339,346 $1,738,341 $78,298
2018 $297,425 $270,085 $1,593,878 $27,340
Explore More Nonprofits
Top 100 Nonprofits in Wisconsin Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WISCONSIN CORPORATION FOR BIOMEDICAL RESEARCH with other nonprofits in Wisconsin and across the country.