2024-09-20T15:39:03-05:00 2023-12-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2023-01-01 311562134 Kessler Foundation Inc % RODGER DEROSE KESS 9733248364 120 Eagle Rock Ave Suite 100 East Hanover NJ 07936 RODGER L DEROSE PRESIDENT AND CEO 9733248364 2024-11-15 true true Devin Desmond P01262203 7328281614 2023 2024-08-08 14:25:15Z RODGER L DEROSE 120 Eagle Rock Ave Suite 100 East Hanover NJ 07936 76501640 false X WWW.KESSLERFOUNDATION.ORG X 1986 NJ THE FOUNDATION HAS TWO PRIMARY MISSIONS: TO CONDUCT WORLD-CLASS MEDICAL REHABILITATION RESEARCH AND TO INDENIFY AND FUND PROGRAMS TO IMPROVE EMPLOYMENT FOR THOSE WITH DISABILITIES. 24 22 209 20 0 12472836 16379996 219050 222300 3263248 16907672 16252 25007 15971386 33534975 1041060 982664 0 0 18174703 20775855 0 0 907435 12296238 12335338 31512001 34093857 -15540615 -558882 261472215 283320723 20061416 20332120 241410799 262988603 X The Foundation has two primary missions: (1) to conduct world-class medical rehabilitation research focused on functional gains for people with disabilities and (2) to identify and fund programs to improve employment opportunities for people with disabilities. false false 24532821 240531 RESEARCH CENTER: Kessler Foundation researchers improve the quality of life for people with physical and cognitive disabilities through rehabilitation research in its ten (10) specialized Centers under the leadership of noted research directors: Mobility and Rehabilitation Engineering Research; Neuropsychology & Neuroscience research; Employment and Disability Research; Spinal Cord Injury Research; Stroke Rehabilitation Research; Traumatic Brain Injury Research; Outcomes and Assessment Research; Autism Research; Tim & Caroline Reynolds Center for spinal stimulation and Rocco Ortenzio Neuroimaging Center. While the staff of each center has expertise in particular areas, collaboration among Foundation researchers as well as with collaborators from around the US and the world, enhances progress toward finding ways to overcome the obstacles faced by people with disabilities caused by brain injury, spinal cord injury, multiple sclerosis, arthritis, and other chronic neurological and orthopedic conditions. The Foundation has the distinction of having the only 3T MRI scanner solely devoted to rehabilitation research in the United States. Since 1998, the Foundation has invested $161 million in research, in addition to $150 million for research funded by federal, state and private sources. In 2023, the Foundation received over $22 million in new federal, state, and private grants and contracts. Two federal Model System grants establish Kessler Foundation as a center of excellence for both traumatic brain injury (TBI) and spinal cord injury (SCI) research. Model Systems are comprehensive networks that promote independent and collaborative research that will improve the national standard of care for individuals with these devastating injuries. Model Systems are funded by large, multi-year grants sponsored by the National Institute on Disability, Independent Living and Rehabilitation Research. Kessler Foundation is one of only six centers in the united states to have dual model systems: Northern New Jersey SCI System and Northern New Jersey TBI System. These model systems are collaborative efforts with Rutgers University-NJ Medical School and Kessler Institute for Rehabilitation. In 2018, the Board of Trustees approved a strategic area of research in the field of transcutaneous and epidural stimulation to improve function for people with spinal cord injuries. In early 2020, the Foundation completed construction of the Tim & Caroline Reynolds Center, a 11,000 square foot science building to house staff, laboratories and state-of-the-art equipment. 1419080 982664 PROGRAM CENTER: Kessler Foundation focuses on increasing employment opportunities for people with disabilities through its Signature Employment and Community Employment grantmaking programs which fund local and national programs aimed to increase the percentage of Americans with disabilities in the workforce. Special Initiative Grants, an invitation only program, are awarded to projects and organizations that operate within the broad spectrum of rehabilitation and physical disabilities primarily in New Jersey. Rates of unemployment and underemployment are unacceptably high among the millions of people with disabilities in the United States. By working full or part-time, with training and support, many people can find meaningful employment and reap the benefits of greater independence and self-esteem. Having a job enhances social interaction and acceptance in the community, which contribute to a better quality of life. Although individuals living with disabilities represent the largest minority group seeking employment in today's marketplace, they are often not considered an integral component of corporate diversity programs. Through our strategic focus on employment, Kessler Foundation has invested over $57 million since 1998 in organizations that work to create job opportunities for people with disabilities. Projects funded include placement, training and education, social enterprise, entrepreneurship, emergency grants and institutional support. This funding has enabled people with disabilities to overcome the obstacles that often face them and meet the workforce needs of American business. Innovative grant making has introduced creative solutions to help eliminate barriers that prevent people with disabilities from working. 25951901 true true false false false false false false false true true true false false true true true false false false false false false false true false false true false true false false false false false false false false false false false false false false false false false true 107 0 true 209 true false false false false false true true false false false false false false X 24 22 false false false false false false false true true false false true true true true true true true true false CA CO DC FL NJ NY PA X RODGER DEROSE 9733248364 120 EAGLE ROCK AVENUE SUITE 100 EAST HANOVER NJ 07936 RODGER L DEROSE PRESIDENT AND CEO - TRUSTEE 40.0 0.0 X X 935872 0 51400 JOHN DELUCA SR. 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The Foundation had no unrecognized tax benefits at December 31, 2023 and 2022. There were no tax related interest or penalties included in the financial statements presented. Form 990, SCHEDULE D, PART V, LINE 4 Organization's endowment funds are used to support research and education. STROLL N' ROLL 182935 135372 47563 47563 0 182935 135372 47563 47563 47563 true Association of University Centers on Disabilities 1100 Wayne Avenue Silver Spring MD 20910 237189098 501(C)(3) 25000 Foundation Directed Montclair State University Foundation College of the Arts Montclair NJ 07043 226017209 501(c)(3) 20000 Special Initiatives UNIVERSITY OF NEW HAMPSHIRE 51 COLLEGE ROAD DURHAM NH 03824 026000937 501(C)(3) 250000 Foundation Directed UNIVERSITY OF MASSACHUSETTS BOSTON 100 MORRISSEY BLVD BOSTON MA 02125 043167352 501(C)(3) 250000 Signature Employment NATIONAL RESTAURANT ASSOCIATION EDUCATION FOUNDATI 2055 L ST NW SUITE 700 WASHINGTON DC 20036 366103388 501(c)(3) 250000 SIGNATURE EMPLOYMENT JOHN J HELDRICH CENTER FOR WORK FORCE DEVELOPMENT 30 LIVINGSTONE AVE 2ND FLOOR NEW BRUNSWICK NJ 08901 237318742 501(C)(3) 101409 EVALUATION NORTH JERSEY MASTERS-ROAD RUNNERS CLUB OF AMERICA PO BOX 56 RIDGEWOOD NJ 07451 222335554 501(C)(3) 6000 PROMOTION & AWARENESS WORKFORCE MATTERS 89 SOUTH STREET SUITE 603 BOSTON MA 02111 273033048 501(C)(3) 75000 FOUNDATION DIRECTED 8 SCHEDULE I, PAGE 1, PART I, LINE 2 THE ORGANIZATION REQUIRES PERIODIC REPORTS FROM GRANTEES ON PROGRESS TOWARDS MEETING THE GOALS OF THE PROJECTS IT FUNDS AS WELL AS THE EXPENDITURES OF THE FUNDS. LARGER GRANTS REQUIRE AN OUTSIDE EVALUATOR TO ASSESS THE ACHIEVEMENTS OF THE PROJECTS. X X X X X X false false false false false false false false false RODGER L DEROSE PRESIDENT AND CEO - TRUSTEE 935872 0 0 0 0 0 26400 0 25000 0 987272 0 0 0 JOHN DELUCA SR. VICE PRESIDENT - RESEARCH 567599 0 0 0 0 0 26400 0 25000 0 618999 0 0 0 MICHELE PIGNATELLO VP & CDO 282189 0 0 0 0 0 22492 0 25000 0 329681 0 0 0 NANCY CHIARAVALLOTI LAB DIRECTOR 360471 0 0 0 0 0 26400 0 25000 0 411871 0 0 0 GUANG YUE LAB DIRECTOR 392059 0 0 0 0 0 26400 0 25000 0 443459 0 0 0 Trevor Dyson-Hudson LAB DIRECTOR 277170 0 0 0 0 0 22406 0 25000 0 324576 0 0 0 GAIL FORREST DIRECTOR 238181 0 0 0 0 0 19219 0 25000 0 282400 0 0 0 JOHN O'NEILL LAB DIRECTOR 276738 0 0 0 0 0 22625 0 25000 0 324363 0 0 0 ELAINE KATZ SR. VP GRANTS & COMMUNICATIONS 270850 0 0 0 0 0 21121 0 25000 0 316971 0 0 0 FORM 990, PAGE 6, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE AND THE BOARD OF TRUSTEES BEFORE IT IS FILED. ALL TRUSTEES RECEIVE A COPY OF THE FORM 990. FORM 990, PAGE 6, PART VI, SECTION B, LINE 12C TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY, THE ORGANIZATION REQUIRES OFFICERS TRUSTEES, AND ALL EMPLOYEES TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS, ALONG WITH REQUIRING THEM TO ANNUALLY SIGN A CONFLICT OF INTEREST QUESTIONNAIRE. CONFLICTS OF INTEREST AMONG TRUSTEES ARE REVIEWED BY THE EXECUTIVE COMMITTEE AND TRUSTEES RECUSE THEMSELVES FROM DISCUSSION RELATED TO MATTERS WHERE A CONFLICT MAY EXIST. EMPLOYEE CONFLICTS OF INTEREST ARE REVIEWED AND MONITORED BY MANAGEMENT TO ENSURE THAT THESE CONFLICTS DO NOT POSE A HARDSHIP TO THE ORGANIZATION NOR GAIN TO THE EMPLOYEE. FORM 990, PAGE 6, PART VI, SECTION B, LINE 15A & B CEO salary is determined by the Compensation Committee and approved by the Board of Trustees. Other staff compensation is recommended by managers, approved by the CEO and reviewed in the aggregate by the Compensation Committee. The Foundation periodically engages an independent third party to conduct a review of comparability of compensation of the CEO and other key positions. The Compensation Committee annually reviews CEO performance and the CEO's employment contract. The Foundation periodically engages a major compensation consultant to conduct a study to determine reasonableness of salary, cash compensation and total compensation for all key positions, including managers, directors, and executive management. All salaries were deemed to be reasonable. The Company engages an independent third party on an annual basis to perform a review of the reasonableness of CEO compensation. The 2023 review deemed CEO compensation to be reasonable when compared with peer organizations. FORM 990, PAGE 6, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. THE ORGANIZATION ALSO MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.