MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CENTER FOR VETERANS RESEARCH AND EDUCATION, founded in 1988, is a community nonprofit in the Medical Research sector that reported $7.1M in total revenue in fiscal year 2025.
AT CVRE, OUR NUMBER ONE MISSION IS ADVANCING VETERANS' HEALTH.
FUNDING FOR THE RESEARCH ACTIVITIES OF CVRE IS DERIVED FROM FEDERAL AND STATE GRANTS AND CONTRACTS, AND PRIVATELY FUNDED AWARDS AND CONTRACTS PROVIDED BY CORPORATIONS AND OTHER NOT-FOR-PROFIT...
FUNDING FOR THE RESEARCH ACTIVITIES OF CVRE IS DERIVED FROM FEDERAL AND STATE GRANTS AND CONTRACTS, AND PRIVATELY FUNDED AWARDS AND CONTRACTS PROVIDED BY CORPORATIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONS. THESE SPONSORED AWARDS ARE ISSUED IN THE FORMS OF - BUT NOT LIMITED - CRADAS (COOPERATIVE RESEARCH AND DEVELOPMENT AWARDS), INDUSTRY CONTRACTS, CLINICAL TRIAL AGREEMENTS AND GRANT AWARDS. CRADAS ESTABLISH THE TERMS OF SPONSORED COLLABORATIVE RESEARCH, GENERALLY WITH NON-FEDERAL INDUSTRY PARTNERS, AND ARE SPECIFICALLY DESIGNED TO PROTECT THE PARTIES' PRIOR INVENTIONS WHILE ALLOWING RESEARCH PARTNERS TO NEGOTIATE MANAGEMENT OF ANY NEW DISCOVERY OR INTELLECTUAL PROPERTY THAT MAY RESULT FROM THE COLLABORATION. CRADAS ARE GOVERNED BY THE TITLE 15 COMMERCE AND TRADE, CHAPTER 63, TECHNOLOGY INNOVATIONS, SECTION 3710A COOPERATIVE RESEARCH AND DEVELOPMENT AGREEMENTS. THEY ARE SUBJECT TO REVIEW AND APPROVAL OF THE VA OFFICE OF GENERAL COUNSEL (OGC). ALL RESEARCH PROJECTS MUST BE APPROVED BY THE MVAHCS RESEARCH & DEVELOPMENT (R&D) COMMITTEE AND APPLICABLE SUBCOMMITTEES. THE R&D COMMITTEE HAS OVERALL RESPONSIBILITY FOR THE CONDUCT AND OVERSIGHT OF ALL RESEARCH ADMINISTERED THIS ORGANIZATION, AND THE RESEARCH IS GOVERNED BY FEDERAL RULES AND REGULATIONS. THESE TYPES OF RESEARCH STUDIES ARE DIFFERENTIATED BY FUNDING SOURCE, AND BY THEIR INTENT TO GENERATE NEW KNOWLEDGE.
EDUCATIONAL PROGRAMS SUPPORTED BY THIS ORGANIZATION MUST BENEFIT VA PATIENTS AND THEIR FAMILIES, AND VA PERSONNEL. EDUCATION ACTIVITIES MUST BE APPROVED BY THE MVAHCS EDUCATION COMMITTEE OR DESIGNEE...
EDUCATIONAL PROGRAMS SUPPORTED BY THIS ORGANIZATION MUST BENEFIT VA PATIENTS AND THEIR FAMILIES, AND VA PERSONNEL. EDUCATION ACTIVITIES MUST BE APPROVED BY THE MVAHCS EDUCATION COMMITTEE OR DESIGNEE. ELIGIBLE EDUCATIONAL PROGRAMS ARE DEFINED UNDER 38 U.S.C. 7362(B).
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $7,139,520 | $6,893,506 | +0.0% |
| Expenses | $6,999,793 | $7,144,251 | 0.0% |
| Net Income | $139,727 | $-250,745 | -1.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL ARMSTRONG | PRESIDENT | 0.10 |
Officer
Director
|
$0 | $124,820 | $524,250 |
| BRADLEY BART | DIRECTOR | 0.10 |
Director
|
$0 | $96,068 | $477,634 |
| STEVEN FU | VICE PRESIDE | 0.10 |
Officer
Director
|
$0 | $113,219 | $464,011 |
| PATRICK KELLY | DIRECTOR | 0.10 |
Director
|
$0 | $87,532 | $360,373 |
| ORLY VARDENY NI | DIRECTOR | 0.10 |
Director
|
$0 | $71,414 | $252,383 |
| VANITA AHUJA | DIRECTOR | 0.10 |
Director
|
$0 | $49,269 | $227,507 |
| NADINE ROGERS | EXECUTIVE DI | 40.00 |
Officer
|
$166,736 | $6,885 | $173,621 |
| NICHOLAS DAVENPORT | DIRECTOR | 0.10 |
Director
|
$0 | $40,923 | $157,369 |
| NICOLE CHRIST | RES PROG MGR | 40.00 |
Highest
|
$115,852 | $11,125 | $126,977 |
| JENNIFER ROBB | CLIN TRIAL M | 40.00 |
Highest
|
$105,700 | $15,503 | $121,203 |
| ASHLEA MAYBERRY | RES PROG MGR | 40.00 |
Highest
|
$105,413 | $4,360 | $109,773 |
| PAMELA SHARPE | GRANT ADM MG | 40.00 |
Highest
|
$102,871 | $460 | $103,331 |
| THOMAS LYONS | TREASURER | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| ERIC MEITTUNEN | DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| MATTHEW MEYER | DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| JANE MORASKI | DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,139,520 | $6,999,793 | $7,107,235 | $139,727 |
| 2024 | $6,893,506 | $7,144,251 | $6,772,819 | $-250,745 |
| 2023 | $8,291,707 | $7,982,309 | $6,997,455 | $309,398 |
| 2022 | $8,878,263 | $8,701,185 | $6,738,988 | $177,078 |
| 2021 | $7,313,382 | $7,095,586 | $6,193,088 | $217,796 |
| 2020 | $5,888,679 | $5,522,878 | $5,659,899 | $365,801 |
| 2019 | $5,339,761 | $5,255,884 | $5,623,591 | $83,877 |
| 2018 | $4,654,669 | $4,217,603 | $4,936,719 | $437,066 |
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