2025-04-21T13:19:38-05:00 2024-06-30 561220683 POTTER & COMPANY PA 434 COPPERFIELD BLVD NE STE A CONCORD NC 28025 990 2023-07-01 208730759 DAVID H MURDOCK RESEARCH INSTITUTE DAVI 7042502600 150 RESEARCH CAMPUS DRIVE KANNAPOLIS NC 28081 CAROL SPALDING DIRECTOR 7042502600 2025-04-21 1 1 DANIEL MORROW CPA P01353124 7047868189 2023 2025-03-06 01:10:19Z CAROL SPALDING 150 RESEARCH CAMPUS DRIVE KANNAPOLIS NC 28081 1472752 0 X WWW.DHMRI.ORG X 2007 NC THE INSTITUTE OPERATES TO SUPPORT AND BENEFIT DUKE UNIVERSITY AND THE UNIVERSITY OF NC AT THE NC RESEARCH CAMPUS IN KANNAPOLIS, NC. IT WAS FORMED TO FURTHER THE CHARITABLE AND EDUCATIONAL PURPOSES (PRIMARILY RESEARCH AND DEVELOPMENT) OF THESE SUPPORTED ORGANIZATIONS AT THE CAMPUS. THE INSTITUTE'S PRIMARY ACTIVITIES ARE: A) TO ACQUIRE, OWN AND OPERATE AN APPROXIMATELY 104,927 SQUARE FOOT CORE LABORATORY FACILITY TO PROMOTE RESEARCH AND DEVELOPMENT THAT WILL SUPPORT ADVANCES IN HUMAN NUTRITION, HUMAN HEALTH, AGRICULTURAL CROPS, SYSTEMS AND GROWING PROCESSES AND THE PRODUCTION OF HEALTHFUL FOODS AND OTHER SCIENTIFIC RESEARCH; B) TO ASSIST THE SUPPORTED ORGANIZATIONS; AND C) TO PERFORM SCIENTIFIC RESEARCH (INCLUDING PROCESS DEVELOPMENT RESEARCH) IN SUPPORT OF ONE OR MORE OF THE SUPPORTED ORGANIZATIONS. 8 8 8 0 0 0 370300 0 1411511 40540 173369 -76379 1226677 1265737 3181857 1229898 0 0 0 0 674150 305162 0 0 0 5283700 3953374 5957850 4258536 -2775993 -3028638 49378162 47113368 7649965 8413809 41728197 38699559 TO SUPPORT AND SUSTAIN BREAKTHROUGH RESEARCH. 0 0 2031179 1306277 TO SUPPORT AND SUSTAIN BREAKTHROUGH RESEARCH REGARDING HUMAN NUTRITION, AGRICULTURAL SYSTEMS, AND THE DEVELOPMENT AND RAPID TRANSFER OF NEW TECHNOLOGIES AND DISCOVERIES RELATED TO THESE RESEARCH AREAS 2031179 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 8 1 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X THE ORGANIZATION 7042502600 150 RESEARCH CAMPUS DRIVE KANNAPOLIS NC 28081 STEVEN A LOMMEL PHD DIRECTOR 2.00 40.00 X 0 247464 0 SURESH BALU MSMBA PROGRAM DIRECTOR 2.00 X 0 242336 43492 CORY R BROUWER DIRECTOR 2.00 40.00 X 0 211528 0 SIMON G GREGORY PHD DIRECTOR 2.00 X 0 294760 56068 KRISTIN NEWBY MD DIRECTOR 2.00 X 0 257180 37786 DR CAROL SPALDING DIRECTOR 2.00 X 0 0 0 CHARLES GRAY DIRECTOR 2.00 X 0 0 0 DR KIMBERLY VAN NOORT DIRECTOR 2.00 40.00 X 0 309000 0 0 1562268 137346 0 0 1 0 0 LAB REVENUE 541700 33682 33682 6858 6858 40540 1265737 0 1265737 1265737 1265737 166475 242854 -76379 -76379 -76379 1229898 1306277 0 -76379 275207 21670 253537 4612 455 4157 1725 1419 306 23618 1879 21739 36363 36363 5660 5660 6886 6886 1111 1111 21188 77 21111 1098721 1098721 500000 500000 1974512 1974512 36647 36647 REPAIRS AND MAINTENANCE 138451 15541 122910 BANK FEES 50506 50506 EQUIPMENT SERVICE CONTR 37767 240 37527 LAB OPERATING COSTS AND 13742 13742 31820 1644 30176 4258536 2031179 2227357 0 293498 135571 128067 203522 77003207 30843412 48180473 46159795 776124 614480 49378162 47113368 2451843 3291596 5150500 5122213 47622 0 7649965 8413809 X 41721989 38699559 6208 0 41728197 38699559 49378162 47113368 -3028638 0 X X 0 0 0 X X X 2 DUKE UNIVERSITY 560532129 6 1 0 0 UNIVERSITY OF NORTH CAROLINA 566172047 6 1 0 0 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 923175 923175 75371217 30151029 45220188 444392 427960 16432 264423 264423 0 46159795 X X 0 0 0 0 0 0 0 0 0 DR KIMBERLY VAN NOORT DIRECTOR 0 309000 0 0 0 0 0 0 0 0 0 309000 0 0 SIMON G GREGORY PHD DIRECTOR 0 294760 0 0 0 0 0 37076 0 19928 0 351764 0 0 KRISTIN NEWBY MD DIRECTOR 0 242974 0 14206 0 0 0 31134 0 7458 0 295772 0 0 STEVEN A LOMMEL PHD DIRECTOR 0 247464 0 0 0 0 0 0 0 0 0 247464 0 0 SURESH BALU MSMBA PROGRAM DIRECTOR 0 219836 0 0 0 22500 0 29689 0 14472 0 286497 0 0 CORY R BROUWER DIRECTOR 0 211528 0 0 0 0 0 0 0 0 0 211528 0 0 FORM 990, PART VI, SECTION A, LINE 2 SURESH BALU, DR. SIMON GREGORY AND DR. KRISTIN NEWBY ARE DIRECTORS OF THE ORGANIZATION AND ARE EMPLOYEES OF DUKE UNIVERSITY (A SUPPORTED ORGANIZATION OF THE INSTITUTE), WHICH HAS DESIGNATED THEM AS DIRECTORS OF THE ORGANIZATION PURSUANT TO THE BYLAWS OF THE ORGANIZATION. DR. STEVEN LOMMEL, DR.KIMBERLY VAN NOORT AND CORY BROUWER ARE DIRECTORS OF THE ORGANIZATION AND ARE EMPLOYEES OF THE UNIVERSITY OF NORTH CAROLINA SYSTEM(A SUPPORTED ORGANIZATION OF THE INSTITUTE) OR A CONSTITUENT INSTITUTION OF THE UNIVERSITY OF NORTH CAROLINA. THE UNIVERSITY OF NORTH CAROLINA SYSTEM INSTITUTIONS HAVE DESIGNATED THEM AS DIRECTORS OF THE ORGANIZATION PURSUANT TO THE BYLAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE 990 RETURN WAS PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WHEN APPARENT CONFLICT ARISES ON A CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CBO WAS REVIEWED AND APPROVED BY THE BOARD. OTHER SALARIES ARE APPROVED BY HUMAN RESOURCES. THE BOARD REVIEWS SALARY INCREASES BASED ON THE ANNUAL INCREASE IN THE COST OF LIVING PERCENTAGE AND ANY SIGNIFICANT EMPLOYMENT PROMOTIONS. THE BOARD ALSO REVIEWS ANY BONUSES OFFERED TO EMPLOYEES. THEY ALSO APPROVE THE ORGANIZATION'S ANNUAL BUDGET WHICH INCLUDES ALL SALARIES AND FRINGE BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE UPON REQUEST. ORGANIZATION'S STAFF ARE AVAILABLE TO PROVIDE SUPERVISION AND ANSWER ANY QUESTIONS THE INQUIRING PARTY MAY HAVE. FORM 990, PART XI, LINE 2C NO CHANGE IN OVERSIGHT PROCESS FROM PRIOR YEAR