Civic Intelligence

Van Andel Research Institute

990 • Fiscal year 2018 • EIN 52-2000823

Dec 01, 2017 to Nov 30, 2018 • Filed on Oct 10, 2019

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333 Bostwick Avenue NEGrand Rapids, MI 49503

(616) 234-5000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.30x

Higher debt load relative to assets than 97% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

3.47x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Net Margin

33rd percentile

0.3%

Higher net margin than 33% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

79th percentile

$982,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Asset Growth

10th percentile

-7.0%

Faster asset growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

45th percentile

4.1%

Faster revenue growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Assets

Down

$229,968,935

Down $17,352,271 (-7.0%) from 2017

Net Assets

Up

-$69,943,590

Up $11,874,993 (+15%) from 2017

Liabilities

Down

$299,912,525

Down $29,227,264 (-8.9%) from 2017

Revenue

Up

$86,468,883

Up $3,402,042 (+4.1%) from 2017

Expenses

Up

$86,205,648

Up $10,653,982 (+14%) from 2017

Net Income

Down

$263,235

Down $7,251,940 (-96%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0-$200MAssets 2010: $253,776,425Liabilities 2010: $312,690,617Net Assets 2010: -$58,914,1922010Assets 2011: $270,167,888Liabilities 2011: $358,085,475Net Assets 2011: -$87,917,5872011Assets 2012: $267,685,668Liabilities 2012: $361,102,589Net Assets 2012: -$93,416,9212012Assets 2013: $224,789,773Liabilities 2013: $290,456,167Net Assets 2013: -$65,666,3942013Assets 2014: $251,725,432Liabilities 2014: $327,697,622Net Assets 2014: -$75,972,1902014Assets 2015: $250,842,142Liabilities 2015: $338,375,403Net Assets 2015: -$87,533,2612015Assets 2016: $247,782,645Liabilities 2016: $344,529,031Net Assets 2016: -$96,746,3862016Assets 2017: $247,321,206Liabilities 2017: $329,139,789Net Assets 2017: -$81,818,5832017Assets 2018: $229,968,935Liabilities 2018: $299,912,525Net Assets 2018: -$69,943,5902018Assets 2019: $274,298,502Liabilities 2019: $405,586,337Net Assets 2019: -$131,287,8352019Assets 2020: $289,629,145Liabilities 2020: $453,494,619Net Assets 2020: -$163,865,4742020Assets 2021: $253,165,469Liabilities 2021: $396,639,591Net Assets 2021: -$143,474,1222021Assets 2022: $219,998,295Liabilities 2022: $264,510,310Net Assets 2022: -$44,512,0152022Assets 2023: $197,193,153Liabilities 2023: $16,821,217Net Assets 2023: $180,371,9362023Assets 2024: $190,464,759Liabilities 2024: $16,145,740Net Assets 2024: $174,319,0192024

Highlighted filing

2018

Assets$229,968,935
Liabilities$299,912,525
Net Assets-$69,943,590

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400M$300M$200M$100M$0-$100MExpenses 2010: $92,506,5202010Expenses 2011: $65,553,4042011Expenses 2012: $68,557,8092012Expenses 2013: $68,033,7912013Revenue 2014: $75,055,982Expenses 2014: $66,574,767Net Income 2014: $8,481,2152014Revenue 2015: $65,448,267Expenses 2015: $69,140,666Net Income 2015: -$3,692,3992015Revenue 2016: $59,508,889Expenses 2016: $72,643,256Net Income 2016: -$13,134,3672016Revenue 2017: $83,066,841Expenses 2017: $75,551,666Net Income 2017: $7,515,1752017Revenue 2018: $86,468,883Expenses 2018: $86,205,648Net Income 2018: $263,2352018Revenue 2019: $86,360,028Expenses 2019: $99,641,728Net Income 2019: -$13,281,7002019Revenue 2020: $88,891,678Expenses 2020: $94,429,770Net Income 2020: -$5,538,0922020Revenue 2021: $94,830,916Expenses 2021: $98,445,391Net Income 2021: -$3,614,4752021Revenue 2022: $143,778,282Expenses 2022: $113,718,338Net Income 2022: $30,059,9442022Revenue 2023: $340,011,886Expenses 2023: $112,044,445Net Income 2023: $227,967,4412023Revenue 2024: $112,738,485Expenses 2024: $118,913,786Net Income 2024: -$6,175,3012024

Highlighted filing

2018

Revenue$86,468,883
Expenses$86,205,648
Net Income$263,235
Jump To
Filing Snapshot
Filing Period
Dec 1, 2017 to Nov 30, 2018
Signed
Oct 10, 2019
Return Version
2017v2.3
Gross Receipts
$86,638,273
Mission and Program Overview

Mission

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.

Medical research organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$184,886,459$183,460,299▼ $1,426,160
Savings and Temporary Cash Investments$8,597,139$8,076,049▼ $521,090
Investments Other Securities$5,108,311$7,153,585▲ $2,045,274
Pledges and Grants Receivable$3,382,233$4,270,243▲ $888,010
Accounts Receivable$6,269,641$3,969,006▼ $2,300,635
Other Notes and Loans Receivable, Net$42,645$1,697,944▲ $1,655,299
Prepaid Expenses and Deferred Charges$1,194,778$1,544,611▲ $349,833
Inventories for Sale or Use-$157,198-
Total Assets$247,321,206$229,968,935▼ $17,352,271
Other Assets Total$37,840,000$19,640,000▼ $18,200,000
Liabilities
Tax Exempt Bond Liabilities$219,722,640$219,733,588▲ $10,948
Other Liabilities$58,892,213$45,410,534▼ $13,481,679
Accounts Payable and Accrued Expenses$49,184,301$32,511,690▼ $16,672,611
Deferred Revenue$1,340,635$2,256,713▲ $916,078
Total Liabilities$329,139,789$299,912,525▼ $29,227,264
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,153,327$3,867,142▲ $713,815
Permanently Rstr Net Assets$666,302$633,707▼ $32,595
Unrestricted Net Assets$-85,638,212$-74,444,439▲ $11,193,773
Total Net Assets Fund Balance$-81,818,583$-69,943,590▲ $11,874,993
Total Liabilities and Net Assets / Fund Balance$247,321,206$229,968,935▼ $17,352,271

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$162,468,886$66,890,424$229,359,310
Equipment$14,154,538$42,644,015$56,798,553
Land$5,288,315-$5,288,315
Other Land Buildings$1,548,560$58,708$1,607,268
Other Assets Org$19,640,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$666,302$10,100▲ $12,604$62,742$626,264
2016$612,777-▲ $61,326$7,801$666,302
2015-$596,343▲ $18,408$1,974$612,777
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathy VogelsangChief Investment OfficerFT$341,372$640,628$982,000
Dr Peter JonesChief Scientific Officer & Res. DirectorFT$542,780$371,571$914,351
Ted HeilmanAssoc Direct-sr. Portfolio Mgr.FT$220,911$414,153$635,064
David Van AndelChairman / CEOFT$366,923$252,630$619,553
Dr Patrik BrundinAssociate Research DirectorFT$435,382$168,769$604,151
Dr Jana HallChief Operations OfficerFT$351,551$219,670$571,221
Dr Peter LairdInvestigatorFT$377,688$84,387$462,075
Timothy MyersV.p. & Chief Financial OfficerFT$270,346$145,527$415,873
Dr Gerd PfeiferInvestigatorFT$346,680$60,414$407,094
Dr George Vande WoudeTrustee/investigator-$247,396$50,254$297,650
David WhitescarverFormer Secretary/v.p.-$256,837$38,526$295,363
Dr Max WichaTrustee-$13,000-$13,000
Dr James FahnerTrustee-$10,000$2,000$12,000
Dr Michelle LebeauTrustee-$10,000-$10,000
Dr Tom DemeesterTrustee-$10,000-$10,000
Dr Ralph WeichselbaumTrustee (ended 09/10/18)-$9,000-$9,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Dk Security INCSecurity Services5160 FALCONVIEW AVE SE, Kentwood, MI 49512$305,357
Los Alamos National LaboratoryScientific ServicesMS K710, Los Alamos, NM 87545$242,520
Andy J Egan Company INCMaintenance Services2001 WALDROF NW SUITE 200, Grand Rapids, MI 49544$161,534
Federal ExpressShipping ServicePO BOX 371461, Pittsburgh, PA 15251-2125$151,422
Presidio Network Solutions Group LLCConsulting ServicesPO BOX 677638, Dallas, TX 75267-7638$149,911
Revenue and Support

Revenue Composition

Contributions and Grants
$76,050,595
Program Service Revenue
$1,206,439
Investment Income
$683,062
Other Revenue
$8,528,787
All Other Contributions
$5,752,628
Change in Net Assets
$263,235

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$10,053Nyse Value
Total Noncash Contributions1$10,053-

Audited Revenue Reconciliation

Revenue per Audited Statements
$79,014,504
Revenue Not Reported on Financial Statements
$7,454,379
Revenue Not Reported on Form 990
$158,302
Other Revenue Adjustments
$7,454,379
Total Revenue per Audited Statements
$79,172,806
Total Revenue per Form 990
$86,468,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,167,491
Salaries, Compensation, and Employee Benefits$39,942,174
Grants and Similar Amounts Paid$1,095,983
Total Fundraising Expense$967,682
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$17,890,164$10,590,249$591,511$29,071,924
Depreciation Depletion$9,408,576$1,568,266-$10,976,842
Interest$7,999,832$2,760,663-$10,760,495
All Other Expenses$3,664,306$805,746$15,699$4,485,751
Other Employee Benefits$2,411,691$1,557,985$74,890$4,044,566
Pension Plan Contributions$1,587,253$1,025,387$49,289$2,661,929
Occupancy$2,067,187$535,615$1,265$2,604,067
Fees for Services Other$1,801,631$514,677$20,913$2,337,221
Current Officers, Directors, Trustees, and Key Employees$806,925$1,476,486-$2,283,411
Payroll Taxes$1,121,210$724,317$34,817$1,880,344
Other Expenses$2,762,597$1,572,658$1,312$1,572,658
Grants to Domestic Orgs$827,751--$827,751
Advertising$29,289$586,536$144,712$760,537
Travel$520,941$200,269$22,586$743,796
Insurance$333,064$200,051-$533,115
Fees for Services Legal$45,459$415,174-$460,633
Information Technology$162,710$172,387$5,141$340,238
Grants to Domestic Individuals$217,006--$217,006
Conferences and Meetings$113,331$63,337$5,487$182,155
Office Expenses$54,671$95,634$60$150,365
Fees for Services Lobbying-$96,000-$96,000
Fees for Services Accounting-$71,053-$71,053
Foreign Grants$51,226--$51,226
Total Functional Expenses$59,039,197$26,198,769$967,682$86,205,648

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$86,205,648
Expenses per Audited Statements$78,751,269
Total Expenses per Audited Statements$67,297,814
Expenses Not Reported on Financial Statements$7,454,379
Other Expense Adjustments$7,454,379
Expenses Not Reported on Form 990$-11,453,455
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Stand Up to CancerLos Angeles, CA501c3Research Collaboration$513,432
Johns Hopkins UniversityBaltimore, MD501c3Research Collaboration$143,460
Institute for Cancer ResearchPhiladelphia, PA501c3Research Collaboration$54,243
Temple UniversityPhiladelphia, PA501c3Research Collaboration$50,000
University of MarylandCollege Park, MD501c3Research Collaboration$50,000
Friends of Crescent ParkGrand Rapids, MI501c3Support Crescent Park Maintenance$14,500

International Summary

Offices
0
Employees
1
Spending
$664,191

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesResearch Collaboration - Research Services00$431,476
East Asia & the PacificProgram ServicesResearch Collaboration - Research Services01$232,715
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$22,303
Fundraising Gross Income$7,940
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Griffins$44,151-$16,120-
5k Race$40,343$7,940$6,183$1,757
Total Events$84,494$7,940$22,303$-14,363
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unrealized Loss on Interest Rate Swap$41,273,437
Related-party Payable$4,137,097

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMichigan Strategic Fund2018-10-01$220,000,000Refund bond issue 4/01/13

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$220,000,000$220,000,000--

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Vari, vai, vaei, and vaigs share common management. David van andel, dr. Jana hall and timothy myers are also officers of vai, and david van andel and timothy myers are officers of vaei and vaigs.

Form 990, Part VI, Section A, Line 7A

The trustees of van andel institute have the authority to elect one or more members of vari's governing body.

Form 990, Part VI, Section B, Line 11B

Following completion of the financial statement audit, the form 990 is prepared and reviewed by management. It is then circulated to the full board for review and comments prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

Vari has written conflict of interest ("coi") policies and procedures which administer and enforce a process to identify, evaluate, and manage potential conflicts of interest. These policies have been approved by the board of trustees. Vai administers coi policies and procedures through two standing committees: the conflicts committee ("cc") and the institutional coi committee ("icoic"). Coi policies and procedures apply to and serve as a guide for everyone in the organization. In particular, they provide a useful resource for developing activities or relationships with outside entities or persons, and establish a process for committees to review and manage potential conflicts of interest as they may arise. The cc and icoic are chaired by the general counsel. The cc requires annual and updated disclosures by covered persons and reviews and approves management plans. Icoic policies and procedures serve as a guide for boards of trustees and senior executives. In the event a potential coi arises at the board or senior executive level, the icoic meets to review and determine how to manage such a potential conflict of interest in accordance with the coi policies and procedures.

Form 990, Part VI, Section B, Line 15

Comparability data from an expert third party is obtained and reviewed by the independent, joint compensation committee of van andel research institute and related organizations to determine appropriate compensation for the ceo, executive management officials, officers, and key employees, on behalf of van andel research institute.

Form 990, Part VI, Section C, Line 19

All documents required to be made available to the public are available for public inspection upon written request.

Filing and Contact Details

Filer

Filer Name
Van Andel Research Institute
EIN
52-2000823
Phone
6162345000
Address
333 BOSTWICK AVENUE NE, GRAND RAPIDS, MI 49503

Signing Officer

Name
Timothy J Myers
Title
Vice President & CFO
Phone
6162345368
Signed
2019-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy J Myers
Formed
1996
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
4
Employees
449
Volunteers
16

Preparer

Firm
Deloitte Tax Llp
Address
200 RENAISSANCE CENTER STE 3900, DETROIT, MI 48243
Preparer
Anne Fulton
Phone
3133963000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Gain on interest rate swap 11,609,586.

Form 990, Part III, Line 2

Van andel research institute (vari) is dedicated to determining the epigenetic, genetic, molecular, and cellular origins of cancer, parkinson's disease, and other illnesses and to translating those findings into effective therapies. The institute's scientists work in on-site laboratories and participate in collaborations that span the globe. The institute is organized into the center for cancer and cell biology, the center for epigenetics, and the center for neurodegenerative science. Vari's labs are supported by an outstanding core technologies and services group, which provides a vivarium, a biorepository, and valuable on-site capabilities in imaging, pathology, bioinformatics and biostatistics, genomics, flow cytometry, and cryo-electron microscopy. Vari scientists published 116 articles this fiscal year in peer-reviewed journals that included nature, science, cell, nature communications, nature genetics, nature medicine, science translational medicine, cell reports, cell discovery, cancer research, clinical cancer research, nucleic acids research, genome research, proceedings of the national academy of sciences u.s.a., acta neuropathological, cancer cell, human molecular genetics, molecular cell, molecular neurodegeneration, acta neuropathological communications, elife, bone, journal of biological chemistry, journal of bone and mineral research, cell and tissue research, scientific reports, njp breast cancer, journal of parkinson's disease, hepatology, movement disorders, biochemistry, neurobiology of disease, journal of neuroscience, human molecular genetics, blood, metabolites, journal of proteome research, molecular and cellular proteomics, and current therapeutic research.

Form 990, Part III, Line 4A

Line 4a - program service activity #1 center for cancer and cell biology the center for cancer and cell biology, directed by bart williams, ph.d., comprises 16 laboratories engaged in basic research in molecular and structural biology and in translational research on cancers, skeletal diseases, and metabolism and nutrition. The center is divided into programs in structural biology, skeletal disease and cancer therapeutics, and a new program in metabolic and nutritional programming. New faculty members drs. Russell jones, connie krawczyk, andrew pospisilik, and adelheid lempradl joined existing faculty drs. Brian haab and ning wu to establish the program. In this fiscal year, researchers and trainees within the center received three new r01 awards and one renewal r01, a u01 award, and an f31 fellowship from the national institutes of health. Other new awards received were from the children's tumor foundation, two renewal awards were received from the arthritis national research foundation, and the breast cancer research foundation. The steensma laboratory studied the effect of the loss of the nf1 gene, which encodes the neurofibromin enzyme, on breast cancer and on estrogen receptor signaling (dischinger et al., npj breast cancer 4: 29). The results showed a significant role for the nf1 gene in breast cancer and a possible functional link between neurofibromin and the estrogen receptor, indicating that this gene may be a marker of prognosis and a therapeutic target for endocrine-resistant breast cancers. In another study by the lab, some malignant peripheral nerve sheath tumors (mpnsts), for which there are no effective therapies, were found to be sensitive to the met oncogene inhibitor capmatinib (peacock et al., cancer research 78(13): 3572-3687). A combination therapy of capmatinib and the mek kinase inhibitor trametinib resulted in reduced response variability, suppression of ras/erk and pi3k/akt signaling, and enhanced suppression of tumor growth. The williams and yang labs together published several skeletal studies in 2018. One focused on osteochondroprogenitor cells, which develop into cells that create bone or cartilage. The enzyme senp6 was found to be crucial in normal osteochondroprogenitors for skeletal development: loss of the enzyme caused premature aging of cells and tissues, and mice having no senp6 had smaller skeletons (li et al., nature communications 9: 143). Another study found that bone marrow stromal cells preferentially differentiated into lipid-storing adipocytes when treated with ginkgolic acid, which inhibits the sumoylation of proteins (liu et al., scientific reports 8(1): 2545). This previously unknown action of ginkgolic acid may have application in treating conditions involving abnormal lipid metabolism. A third project studied the role of the lrp1 protein in bone remodeling (lu et al., journal of bone and mineral research 33(10): 1773-1784). The results suggest that lrp1 is a crucial regulator of bone mass and that its inhibition of the rankl signaling pathway may be useful in treating conditions of low bone mass. Xiaohong li's laboratory studied the role of tgf-beta signaling from myeloid cells in metastatic bone lesions (ganguly et al., cancers 10: 463). They showed that such signals promoted osteolytic bone lesions and that the cthrc1 protein and basic fibroblast growth factor (bfgf) have different, cell-specific functions that contribute to bone lesion development. In a separate study (meng et al., cancer letters 418: 109-118), the li lab found that the loss of tgf-beta signaling in osteoblast cells increased the amount of bfgf and correlated with increased tumor cell proliferation and angiogenesis. Bfgf may be a promising target for inhibiting bone metastasis in prostate and breast cancer. Activation of the wnt signaling pathway is a common event in many cancers, and wnt signaling can be halted by inhibiting an enzyme called porcn. A collaborative study by the williams lab and the virshup l

Form 990, Part III, Line 4B

Line 4b - program service activity #2 center for epigenetics the center, established in 2014 and directed by peter a. Jones, ph.d., d.sc. (hon), comprises ten laboratories studying epigenetics, epigenomics, and the role of epigenetic dysfunction in cancer, neurodegenerative disease, cardiovascular disease, and viral transcription. Drs. Xiaobing shi and hong wen joined the center in 2018. New grant awards in this fiscal year for center researchers and trainees included an r01, an r21, an r37, and an f32 from the national institutes of health, new funding from the michigan economic development commission, a grant from evans mds, and two new fellowships from the canadian institutes of health research and the american society of hematology. Two nih grant subawards were also received. The van andel research institute-stand up to cancer epigenetics dream team, led by peter jones and stephen baylin, continued in 2018 with its aims of developing new combination therapies to combat cancer and moving promising therapies into clinical trials. The team focuses on epigenetic mechanisms in cells, which help control whether genes are turned on or off, without changing the dna sequence itself. This is done primarily by the addition or removal of methyl groups to the dna or addition/removal of methyl or acetyl groups from the histone proteins around which dna wraps. The laboratory of peter jones published in 2018 a comprehensive map of more than 500,000 endogenous retroviruses (ervs) in the intergenic regions of the human genome. Repressive epigenetic marks found on the ervs depended on evolutionary age, with dna methylation associated with younger age and histone methylation with older. This finding may aid in predicting cancer response to epigenetic therapies (ohtani et al., genome research 28(8): 1147-1157). In another study, of ovarian cancer cells, the inhibition of the histone methyltransferase enzyme g9a combined with 5-aza-cdr produced antitumor effects including activation of the viral defense response and induction of cell death. Such a combination treatment may be a novel strategy for treating ovarian cancer patients whose cells have high expression of g9a (liu et al., cancer research 78(20): 5754-5766). In a third 2018 publication, the jones lab linked the frequency of imprinting of the nc886 rna gene in infants to the mother's age at delivery and to when conception occurred during the year. They propose that such imprinting is "tunable" in being associated with the maternal haplotype and the prenatal environment, providing a possible way of transmitting phenotypes from mother to child (proceedings of the national academy of sciences usa 115(51): e11970-e11977). The jones and triche labs contributed to the first study of the epigenetic drug azacitidine in combination with intensive chemotherapy. The results showed the safety of the pairing and offered encouraging clinical activity. Dna methylation of the fdft1 gene was highly associated with patient clinical outcome (blood 131(10): 1145-1148). The triche lab also identified a set of 14 transposable elements (tes) in dna that may be a biomarker for high- or low-risk acute myeloid leukemia. This set could predict prognosis in independent cohorts of 284 pediatric patients and in 19 relapsed adult patients. Studies of the utility of this marker in other cancers is warranted (scientific reports 8(1): 16449). In another study of tes in healthy individuals, senescent hematopoietic stem and progenitor cells (hspcs) expressed more tes than did active hspcs, and senescent cells lacked dna methylation in the regions expressing more tes. This is the first report characterizing the methylation of these cells (experimental hematology 62: 33-38e6). The rothbart laboratory developed a high-throughput proteomics platform that maps the sequence determinants of substrate selectivity of the enzyme lysine methyltransferase without requiring knowledge of a substrate or target. In this approach, a lysine

Form 990, Part III, Line 4C

Line 4c - program service activity #3 center for neurodegenerative science the center was established in 2012 under patrik brundin, m.d., ph.d., who is also associate director of vari. It currently has nine laboratories studying parkinson's disease, alzheimer's disease, prions, and the relationships between depression, suicide, and brain inflammation. Center researchers and trainees during this fiscal year received two r21 grants from the national institutes of health and four awards from the michael j. Fox foundation, as well as awards from the u.s. Department of defense, the east tennessee foundation, and michigan state university. Also received was a fellowship from the parkinsons's disease foundation, and four grant subawards. Patrik brundin's laboratory biochemically profiled more than 250 chemicals found in brain tissue and serum from a parkinson's disease mouse model (graham et al., journal of proteome research 17(7): 2460-2469). They identified the best six of these metabolites in terms of identifying diseased animals from controls. The study provides an early step in developing robust biomarkers for parkinson's disease, which are lacking. Another study profiled 18 bile acids found in the serum of mice having prodromal parkinson's disease (graham et al., metabolites 8(4): 71). The concentrations of three of these compounds were significantly different from those of control mice, and those data could discriminate between prodromal and control mice with high accuracy. These compounds are candidate biomarkers for predicting parkinson's disease and possibly its progression. In a third study, the lab reported that 12-18 months after injection of alpha-synuclein fibrils into the mouse olfactory bulb, the number of brain regions showing parkinson's-like pathology increased, but at 23 months, no additional regions were affected (rey et al., acta neuropathologica 135(1): 65-83). The reason for the lack of continued progression could be compromised neural circuitry due to the extent of neuron death from the pathology. Viviane labrie's lab published a paper showing that, in two independent epidemiological data sets involving nearly 1.7 million individuals for up to 52 years, removal of the appendix was associated with a lower risk of parkinson's disease (killinger et al., science translational medicine 10: eaar5280). The study showed that the healthy appendix contains alpha-synuclein aggregates like those found in lewy bodies, which are a hallmark of parkinson's disease neurons. The authors concluded that the appendix contains forms of alpha-synuclein that affect the risk of developing parkinson's disease and that removal of the appendix may have benefit if done early in life, particularly for persons living in rural areas. Prion diseases are fatal neurodegenerative disorders that affect humans and animals. The ma laboratory compared enzyme-digested and undigested recombinant prions. A time course study showed that an increased capability to seed the conversion of normal prion protein to a pathogenic form was related to the amount of enzyme-resistant recombinant prion fragments (wang et al., acta neuropathologica communications 6: 30). The ma lab also collaborated in a study of the role of 14-3-3 proteins in the cell-to-cell transfer of alpha-synuclein. Such proteins reduced alpha-synuclein transfer and toxicity, but inhibition of 14-3-3 proteins accelerated the transfer. Dysfunction of 14-3-3 proteins may be a key element in alpha-synuclein propagation (wang et al., journal of neuroscience 38(38): 8211-8232). In another project, they studied the aggregation of alpha-synuclein in brain tissue from patients who had the neurodegenerative disorder called multiple system atrophy. Adapting the pmca assay, they confirmed that the seeding activity of alpha-synuclein remains active even in formaldehyde-fixed tissues (becker et al., molecular neurobiology 55(11): 8728-8737). This study also provides a basis for further adapting the pmca a

Form 990, Part IX, Column D

Fundraising expenses at vari were incurred to support the mission of the research institute through donor solicitation, grant solicitation and extramural proposal preparation.

Form 990, Part X, Line 33

Vari net assets are considered on a consolidated basis with van andel institute (vai)and van andel education institute (vaei). On a consolidated basis, net assets are $1,545,485,000 per audited financial statements. The negative net asset balance at vari is due to vai funding expenses on a cash basis and the unrealized loss recorded in association with the interest rate swap.

Financial Statement Notes

PART X, LINE 2:

Part x, line 1(1) and line 2: there are no uncertain tax positions related to vari.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 133,827. Fundraising event expense 22,303.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

NET ALLOCATED 7,454,379.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 133,827. Fundraising event expense 22,303. Gain on interest rate swap -11,609,585.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

NET ALLOCATED 7,454,379.

Part V

Van andel institute (a related organization) maintains endowed funds for the benefit of both vari and van andel education institute (a related organization) to fund operating expenses.

Part XI and XII, Line 4B

Expense allocations presented within revenue.

Raw XML AppendixShowing 400 of 1,209 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt071
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt05141
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0172387
IRS990/InformationTechnologyGrp/ProgramServicesAmt0162710
IRS990/InformationTechnologyGrp/TotalAmt0340238
IRS990/InsuranceGrp/ManagementAndGeneralAmt0200051
IRS990/InsuranceGrp/ProgramServicesAmt0333064
IRS990/InsuranceGrp/TotalAmt0533115
IRS990/InterestGrp/ManagementAndGeneralAmt02760663
IRS990/InterestGrp/ProgramServicesAmt07999832
IRS990/InterestGrp/TotalAmt010760495
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0157198
IRS990/InvestmentIncomeGrp/ExclusionAmt0611040
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0611040
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05108311
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt07153585
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt0161
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0109593147
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0184886459
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0183460299
IRS990/LandBldgEquipCostOrOtherBssAmt0293053446
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt013260
IRS990/LessRentalExpensesGrp/RealAmt0133827
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt0155231
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0155231
IRS990/MissionDesc0MEDICAL 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt0-81818583
IRS990/NetAssetsOrFundBalancesEOYAmt0-69943590
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt072022
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt072022
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-14363
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-14363
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt074292
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt074354
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt062
IRS990/NetUnrelatedBusTxblIncmAmt0104762
IRS990/NetUnrlzdGainsLossesInvstAmt02172
IRS990/NoncashContributionsAmt010053
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01265
IRS990/OccupancyGrp/ManagementAndGeneralAmt0535615
IRS990/OccupancyGrp/ProgramServicesAmt02067187
IRS990/OccupancyGrp/TotalAmt02604067
IRS990/OfficeExpensesGrp/FundraisingAmt060
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt095634
IRS990/OfficeExpensesGrp/ProgramServicesAmt054671
IRS990/OfficeExpensesGrp/TotalAmt0150365
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt037840000
IRS990/OtherAssetsTotalGrp/EOYAmt019640000
IRS990/OtherChangesInNetAssetsAmt011609586
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt074890
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01557985
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02411691
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04044566
IRS990/OtherExpensesGrp/Desc0FED / STATE INCOME TAX
IRS990/OtherExpensesGrp/Desc1LAB SUPPLIES & SERVICES
IRS990/OtherExpensesGrp/Desc2EQUIPMENT & SOFTWARE
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE (ADJUS
IRS990/OtherExpensesGrp/FundraisingAmt01312
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0135824
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11030455
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21572658
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt15162377
IRS990/OtherExpensesGrp/ProgramServicesAmt22762597
IRS990/OtherExpensesGrp/TotalAmt0135824
IRS990/OtherExpensesGrp/TotalAmt15162377
IRS990/OtherExpensesGrp/TotalAmt23794364
IRS990/OtherExpensesGrp/TotalAmt31572658
IRS990/OtherLiabilitiesGrp/BOYAmt058892213
IRS990/OtherLiabilitiesGrp/EOYAmt045410534
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0ALLOCATED ADMIN. EXP.
IRS990/OtherRevenueMiscGrp/Desc1REIMBURSED EXPENSES
IRS990/OtherRevenueMiscGrp/ExclusionAmt07454379
IRS990/OtherRevenueMiscGrp/ExclusionAmt189238
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07454379
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt189238
IRS990/OtherRevenueTotalAmt07698848
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0591511
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010590249
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt017890164
IRS990/OtherSalariesAndWagesGrp/TotalAmt029071924
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt042645
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01697944

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$190$16.1$174$113$119$6.18
2023Detailed filing. Detailed filing data is available for this year.$197$16.8$180$340$112$228
2022Detailed filing. Detailed filing data is available for this year.$220$265$44.5$144$114$30.1
2021Detailed filing. Detailed filing data is available for this year.$253$397$143$94.8$98.4$3.61
2020Detailed filing. Detailed filing data is available for this year.$290$453$164$88.9$94.4$5.54
2019Detailed filing. Detailed filing data is available for this year.$274$406$131$86.4$99.6$13.3
2018Detailed filing. Detailed filing data is available for this year.$230$300$69.9$86.5$86.2$0.26
2017Detailed filing. Detailed filing data is available for this year.$247$329$81.8$83.1$75.6$7.52
2016Detailed filing. Detailed filing data is available for this year.$248$345$96.7$59.5$72.6$13.1
2015Detailed filing. Detailed filing data is available for this year.$251$338$87.5$65.4$69.1$3.69
2014Detailed filing. Detailed filing data is available for this year.$252$328$76.0$75.1$66.6$8.48
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$225$290$65.7$68.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$268$361$93.4$68.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$270$358$87.9$65.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$254$313$58.9$92.5